Covered Calls With Upcoming Dividends

This report lists what Tim considers to be the best dividend stocks for producing covered call option income with an upcoming ex-dividend date. The idea of this strategy is to collect premium from the covered call, and either have the stock get called away before the ex-dividend date, called away after the ex-dividend date and collect the dividend income, or not be called away at all (and keep all of the premium and dividend income). The criteria for the stocks on this list are that they must have a market cap of $10 billion or greater, have a dividend yield between 2% and 10%, a dividend payout ratio percentage of 90% or less, a liquidity rating of 2 stars or greater, an Algorithm score of 12 or higher, have made at least 10 dividend payments over the last 5 years, and have an upcoming ex-dividend date within the next 45 days. The report is sorted in order of the nearest upcoming dividend date and is intended to find solid dividend stocks that are ideal for selling covered calls on. The report also has direct links to the options chain page for each stock as well.

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Ticker Company Options Chain Bid Ask Premium Return on Investment Premium to Strike Price Ratio Implied Volatility Delta Theta Underlying Stock Price Strike Price Contract Expiration Earnings Overlap? Ex-Dividend Date Last Dividend Amount Current Dividend Amount 5-Year Dividend Payments Count Total Years Dividends Increasing Liquidity Rating Algorithm Score Lists
ASML ASML Holding NV Options Chain 39.40 42.80 41.10
Profitability Analysis 6.02%
0.06 0.41 0.54 -0.49 700.60 700.00 11/29 Yes 10/29 1.64 1.66 0 0 12 None
ASML ASML Holding NV Options Chain 36.30 38.50 37.40
Profitability Analysis 6.20%
0.05 0.40 0.52 -0.49 700.60 705.00 11/29 Yes 10/29 1.64 1.66 0 0 12 None
CAT Caterpillar Inc Options Chain 15.20 16.20 15.70
Profitability Analysis 4.47%
0.04 0.29 0.52 -0.19 394.49 395.00 11/29 Yes 10/21 1.41 1.41 0 10 13 None
MSFT Microsoft Corporation Options Chain 14.15 14.45 14.30
Profitability Analysis 4.42%
0.03 0.26 0.50 -0.20 416.72 420.00 11/29 Yes 11/21 0.75 0.83 0 19 14 None
AMAT Applied Materials Inc Options Chain 10.90 11.90 11.40
Profitability Analysis 7.40%
0.06 0.46 0.52 -0.14 183.24 185.00 11/29 Yes 11/21 0.40 0.40 0 6 16 None
LOW Lowe`s Cos. Inc Options Chain 10.10 10.75 10.43
Profitability Analysis 3.65%
0.04 0.24 0.55 -0.12 281.31 280.00 11/29 Yes 10/23 1.15 1.15 0 38 12 None
DELL Dell Technologies Inc - Class C Options Chain 9.20 10.15 9.68
Profitability Analysis 7.70%
0.08 0.53 0.55 -0.11 129.18 129.00 11/29 Yes 10/22 0.45 0.45 0 2 16 None
MCD McDonald`s Corp Options Chain 8.90 9.45 9.18
Profitability Analysis 3.57%
0.03 0.19 0.55 -0.11 314.70 315.00 11/29 Yes 12/02 1.67 1.77 0 44 11 None
DELL Dell Technologies Inc - Class C Options Chain 8.40 8.90 8.65
Profitability Analysis 8.45%
0.07 0.52 0.51 -0.11 129.18 131.00 11/29 Yes 10/22 0.45 0.45 0 2 16 None
TGT Target Corp Options Chain 8.15 8.40 8.28
Profitability Analysis 5.46%
0.05 0.37 0.54 -0.09 155.89 155.00 11/29 Yes 11/20 1.12 1.12 0 38 17 None
LOW Lowe`s Cos. Inc Options Chain 7.65 8.05 7.85
Profitability Analysis 4.51%
0.03 0.24 0.47 -0.12 281.31 285.00 11/29 Yes 10/23 1.15 1.15 0 38 12 None
HON Honeywell International Inc Options Chain 6.20 6.60 6.40
Profitability Analysis 3.63%
0.03 0.22 0.51 -0.08 219.55 220.00 11/29 Yes 11/15 1.08 1.13 0 13 14 None
TGT Target Corp Options Chain 5.85 6.05 5.95
Profitability Analysis 7.17%
0.04 0.36 0.44 -0.09 155.89 160.00 11/29 Yes 11/20 1.12 1.12 0 38 17 None
TJX TJX Companies Inc Options Chain 4.15 4.30 4.23
Profitability Analysis 3.51%
0.04 0.24 0.55 -0.05 117.48 117.00 11/29 Yes 11/14 0.38 0.38 0 3 12 None
CF CF Industries Holdings Inc Options Chain 3.80 4.20 4.00
Profitability Analysis 4.34%
0.05 0.31 0.55 -0.04 85.78 85.00 11/29 Yes 11/15 0.50 0.50 0 2 11 None
TJX TJX Companies Inc Options Chain 3.60 3.75 3.68
Profitability Analysis 3.89%
0.03 0.23 0.51 -0.05 117.48 118.00 11/29 Yes 11/14 0.38 0.38 0 3 12 None
CF CF Industries Holdings Inc Options Chain 3.30 3.60 3.45
Profitability Analysis 4.86%
0.04 0.30 0.51 -0.04 85.78 86.00 11/29 Yes 11/15 0.50 0.50 0 2 11 None
CVS CVS Health Corp Options Chain 3.05 3.20 3.13
Profitability Analysis 4.91%
0.05 0.34 0.54 -0.03 63.67 63.00 11/29 Yes 10/21 0.67 0.67 0 2 17 None
MET Metlife Inc Options Chain 2.95 3.20 3.08
Profitability Analysis 3.43%
0.04 0.26 0.55 -0.04 85.69 85.00 11/22 Yes 11/05 0.55 0.55 0 11 17 None
MET Metlife Inc Options Chain 2.45 2.90 2.68
Profitability Analysis 4.13%
0.03 0.25 0.48 -0.03 85.69 86.00 11/29 Yes 11/05 0.55 0.55 0 11 17 None
CVS CVS Health Corp Options Chain 2.42 2.70 2.56
Profitability Analysis 5.58%
0.04 0.34 0.49 -0.03 63.67 64.00 11/29 Yes 10/21 0.67 0.67 0 2 17 None
AA Alcoa Corp Options Chain 2.28 2.50 2.39
Profitability Analysis 7.78%
0.06 0.48 0.50 -0.03 40.35 41.00 11/29 Yes 10/29 0.10 0.10 0 0 7 None
EQT EQT Corp Options Chain 1.79 2.83 2.31
Profitability Analysis 6.50%
0.06 0.45 0.54 -0.02 37.06 37.00 11/29 Yes 11/06 0.16 0.16 0 2 6 None
SO Southern Company Options Chain 2.00 2.35 2.18
Profitability Analysis 3.45%
0.02 0.18 0.50 -0.03 92.70 93.00 11/29 Yes 11/18 0.72 0.72 0 22 11 None
ALLY Ally Financial Inc Options Chain 1.80 2.45 2.13
Profitability Analysis 7.23%
0.06 0.46 0.51 -0.02 35.84 36.00 11/29 Yes 11/01 0.30 0.30 0 0 10 None
KR Kroger Company Options Chain 1.75 2.15 1.95
Profitability Analysis 3.06%
0.03 0.40 0.55 -0.02 56.54 56.00 11/29 Yes 11/15 0.32 0.32 0 17 11 None
KR Kroger Company Options Chain 1.42 1.52 1.47
Profitability Analysis 3.98%
0.03 0.23 0.45 -0.02 56.54 57.00 11/29 Yes 11/15 0.32 0.32 0 17 11 None
EQT EQT Corp Options Chain 1.34 1.47 1.41
Profitability Analysis 6.77%
0.04 0.35 0.45 -0.02 37.06 38.00 11/29 Yes 11/06 0.16 0.16 0 2 6 None
PFE Pfizer Inc Options Chain 1.11 1.16 1.14
Profitability Analysis 4.41%
0.04 0.27 0.54 -0.01 29.27 29.00 11/29 Yes 11/08 0.42 0.42 0 13 6 None
CSX CSX Corp Options Chain 0.70 0.85 0.78
Profitability Analysis 5.47%
0.02 0.24 0.41 -0.01 33.09 34.00 11/29 Yes 11/29 0.12 0.12 0 19 10 None
PFE Pfizer Inc Options Chain 0.62 0.65 0.64
Profitability Analysis 6.12%
0.02 0.27 0.38 -0.01 29.27 30.00 11/22 Yes 11/08 0.42 0.42 0 13 6 None