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
DE Deere & Company Options Chain 12.00 13.80 12.90
Profitability Analysis 3.83%
0.03 0.22 0.53 -0.15 394.27 395.00 11/01 No 9/30 1.47 1.47 0 3 13 None
DKS Dicks Sporting Goods Inc Options Chain 8.50 9.40 8.95
Profitability Analysis 5.99%
0.04 0.34 0.48 -0.11 212.33 215.00 11/01 No 9/20 1.10 1.10 0 9 16 None
DHR Danaher Corp Options Chain 8.50 9.10 8.80
Profitability Analysis 4.72%
0.03 0.25 0.48 -0.12 276.03 280.00 11/01 Yes 9/27 0.27 0.27 0 6 7 None
GE General Electric Company Options Chain 7.20 7.50 7.35
Profitability Analysis 6.19%
0.04 0.33 0.47 -0.09 181.40 185.00 11/01 Yes 9/26 0.28 0.28 0 0 10 None
PWR Quanta Services Inc Options Chain 7.10 7.50 7.30
Profitability Analysis 5.84%
0.03 0.33 0.41 -0.17 271.54 280.00 10/18 No 10/01 0.09 0.09 0 0 11 None
PGR Progressive Corp Options Chain 7.00 7.50 7.25
Profitability Analysis 3.99%
0.03 0.27 0.47 -0.14 257.08 260.00 10/18 No 10/03 0.10 0.10 0 0 13 None
WSM Williams-Sonoma Inc Options Chain 7.00 7.40 7.20
Profitability Analysis 5.34%
0.05 0.41 0.53 -0.12 145.02 145.00 10/18 No 10/18 0.57 0.57 0 18 14 None
LOW Lowe`s Cos. Inc Options Chain 6.55 7.30 6.93
Profitability Analysis 4.34%
0.03 0.22 0.46 -0.09 256.94 260.00 11/01 No 10/23 1.15 1.15 0 38 11 None
APD Air Products & Chemicals Inc Options Chain 6.50 6.90 6.70
Profitability Analysis 3.32%
0.02 0.22 0.48 -0.11 288.87 290.00 10/18 No 10/01 1.77 1.77 0 39 12 None
VST Vistra Corp Options Chain 6.20 7.10 6.65
Profitability Analysis 7.28%
0.07 0.49 0.55 -0.07 89.36 89.00 11/01 No 9/20 0.22 0.22 0 5 9 None
VST Vistra Corp Options Chain 6.20 7.10 6.65
Profitability Analysis 7.28%
0.07 0.49 0.55 -0.07 89.36 89.00 11/01 No 9/20 0.22 0.22 0 5 9 None
ORCL Oracle Corp Options Chain 6.30 6.95 6.63
Profitability Analysis 3.66%
0.04 0.24 0.55 -0.07 170.78 170.00 11/01 No 10/10 0.40 0.40 0 10 11 None
NUE Nucor Corp Options Chain 5.70 6.00 5.85
Profitability Analysis 5.87%
0.04 0.36 0.48 -0.08 142.99 145.00 10/25 Yes 9/27 0.54 0.54 0 14 15 None
STLD Steel Dynamics Inc Options Chain 5.20 5.60 5.40
Profitability Analysis 4.36%
0.05 0.37 0.55 -0.08 111.02 110.00 10/18 Yes 9/30 0.46 0.46 0 11 12 None
ORCL Oracle Corp Options Chain 4.85 5.15 5.00
Profitability Analysis 4.17%
0.03 0.27 0.48 -0.08 170.78 172.50 10/25 No 10/10 0.40 0.40 0 10 11 None
WSM Williams-Sonoma Inc Options Chain 4.80 5.20 5.00
Profitability Analysis 7.27%
0.03 0.40 0.42 -0.11 145.02 150.00 10/18 No 10/18 0.57 0.57 0 18 14 None
EOG EOG Resources Inc Options Chain 3.70 6.00 4.85
Profitability Analysis 4.98%
0.04 0.24 0.50 -0.05 121.70 122.00 11/01 Yes 10/17 0.91 0.91 0 6 17
Dividend Stock List
SYK Stryker Corp Options Chain 4.20 5.00 4.60
Profitability Analysis 3.61%
0.01 0.17 0.35 -0.11 371.96 380.00 10/18 No 9/30 0.80 0.80 0 14 12 None
EOG EOG Resources Inc Options Chain 4.30 4.80 4.55
Profitability Analysis 3.91%
0.04 0.25 0.54 -0.05 121.70 121.00 11/01 Yes 10/17 0.91 0.91 0 6 17
Dividend Stock List
MRVL Marvell Technology Inc Options Chain 4.35 4.60 4.48
Profitability Analysis 5.45%
0.06 0.44 0.53 -0.05 74.48 74.00 11/01 No 10/11 0.06 0.06 0 0 5 None
DG Dollar General Corp Options Chain 4.20 4.70 4.45
Profitability Analysis 4.94%
0.05 0.35 0.55 -0.04 85.80 85.00 11/01 No 10/08 0.59 0.59 0 0 12 None
NTAP Netapp Inc Options Chain 3.90 4.10 4.00
Profitability Analysis 3.51%
0.03 0.24 0.52 -0.05 118.37 118.00 11/01 No 10/04 0.52 0.52 0 0 17 None
DG Dollar General Corp Options Chain 3.45 4.50 3.98
Profitability Analysis 5.56%
0.05 0.38 0.51 -0.05 85.80 86.00 10/25 No 10/08 0.59 0.59 0 0 12 None
BBY Best Buy Co. Inc Options Chain 3.70 4.00 3.85
Profitability Analysis 4.05%
0.04 0.26 0.54 -0.04 98.79 98.00 11/01 No 9/19 0.94 0.94 0 13 15 None
CL Colgate-Palmolive Company Options Chain 3.00 4.00 3.50
Profitability Analysis 3.25%
0.03 0.22 0.55 -0.03 105.57 105.00 11/01 Yes 10/18 0.50 0.50 0 38 13 None
BBY Best Buy Co. Inc Options Chain 3.20 3.70 3.45
Profitability Analysis 4.66%
0.03 0.26 0.50 -0.04 98.79 99.00 11/01 No 9/19 0.94 0.94 0 13 15 None
ITW Illinois Tool Works Inc Options Chain 3.30 3.50 3.40
Profitability Analysis 3.70%
0.01 0.19 0.36 -0.08 255.44 260.00 10/18 No 9/30 1.40 1.50 0 28 11 None
STT State Street Corp Options Chain 3.00 3.30 3.15
Profitability Analysis 3.81%
0.04 0.30 0.53 -0.04 85.65 85.00 10/18 Yes 10/01 0.69 0.76 0 13 14 None
STLD Steel Dynamics Inc Options Chain 3.00 3.30 3.15
Profitability Analysis 6.84%
0.03 0.36 0.39 -0.07 111.02 115.00 10/18 Yes 9/30 0.46 0.46 0 11 12 None
CL Colgate-Palmolive Company Options Chain 2.30 2.55 2.43
Profitability Analysis 3.18%
0.02 0.19 0.49 -0.04 105.57 106.00 10/25 Yes 10/18 0.50 0.50 0 38 13 None
IFF International Flavors & Fragrances Inc Options Chain 2.25 2.40 2.33
Profitability Analysis 3.95%
0.02 0.23 0.45 -0.05 103.64 105.00 10/18 No 9/20 0.40 0.40 0 21 8 None
JCI Johnson Controls International plc Options Chain 2.05 2.25 2.15
Profitability Analysis 3.26%
0.03 0.25 0.51 -0.03 72.65 72.50 10/18 No 9/25 0.37 0.37 0 3 10 None
CP Canadian Pacific Kansas City Ltd Options Chain 2.05 2.20 2.13
Profitability Analysis 4.44%
0.02 0.20 0.52 -0.04 86.00 87.50 10/18 No 9/27 0.19 0.19 0 0 7 None
STT State Street Corp Options Chain 1.90 2.05 1.98
Profitability Analysis 5.36%
0.02 0.29 0.39 -0.04 85.65 87.50 10/18 Yes 10/01 0.69 0.76 0 13 14 None
MDLZ Mondelez International Inc - Class A Options Chain 1.80 2.10 1.95
Profitability Analysis 2.62%
0.03 0.18 0.55 -0.02 75.44 75.00 10/25 No 9/30 0.42 0.47 0 10 11 None
BMY Bristol-Myers Squibb Company Options Chain 1.61 2.05 1.83
Profitability Analysis 6.69%
0.04 0.34 0.44 -0.02 50.08 51.00 11/01 Yes 10/04 0.60 0.60 0 2 9 None
QSR Restaurant Brands International Inc Options Chain 1.70 1.90 1.80
Profitability Analysis 2.86%
0.03 0.24 0.49 -0.03 70.37 70.00 10/18 No 9/20 0.58 0.58 0 9 12 None
CMCSA Comcast Corp - Class A Options Chain 1.69 1.84 1.77
Profitability Analysis 4.13%
0.05 0.31 0.54 -0.02 39.45 39.00 11/01 Yes 10/02 0.31 0.31 0 4 13 None
RY Royal Bank Of Canada Options Chain 1.60 1.90 1.75
Profitability Analysis 3.06%
0.01 0.16 0.44 -0.05 124.36 125.00 10/18 No 10/24 1.42 1.42 0 13 11 None
ZBH Zimmer Biomet Holdings Inc Options Chain 1.65 1.80 1.73
Profitability Analysis 4.23%
0.02 0.21 0.38 -0.04 107.43 110.00 10/18 No 9/30 0.24 0.24 0 0 13 None
FITB Fifth Third Bancorp Options Chain 1.55 1.65 1.60
Profitability Analysis 3.90%
0.04 0.30 0.54 -0.02 42.32 42.00 10/18 Yes 9/30 0.35 0.37 0 13 11 None
USB U.S. Bancorp. Options Chain 1.36 1.58 1.47
Profitability Analysis 5.27%
0.03 0.25 0.50 -0.02 44.62 45.00 11/01 Yes 9/30 0.49 0.50 0 13 15 None
SYY Sysco Corp Options Chain 1.30 1.45 1.38
Profitability Analysis 1.91%
0.02 0.17 0.46 -0.02 77.90 77.50 10/18 No 10/04 0.51 0.51 0 8 14 None
MDLZ Mondelez International Inc - Class A Options Chain 1.25 1.45 1.35
Profitability Analysis 3.15%
0.02 0.16 0.46 -0.02 75.44 76.00 10/25 No 9/30 0.42 0.47 0 10 11 None
CSCO Cisco Systems Inc Options Chain 1.21 1.35 1.28
Profitability Analysis 3.23%
0.03 0.17 0.52 -0.01 51.03 51.00 11/01 No 10/02 0.40 0.40 0 13 10 None
OMC Omnicom Group Inc Options Chain 1.20 1.35 1.28
Profitability Analysis 5.83%
0.01 0.24 0.29 -0.04 101.09 105.00 10/18 Yes 9/20 0.70 0.70 0 0 11 None
CMCSA Comcast Corp - Class A Options Chain 1.07 1.32 1.20
Profitability Analysis 5.22%
0.03 0.30 0.46 -0.02 39.45 40.00 11/01 Yes 10/02 0.31 0.31 0 4 13 None
JCI Johnson Controls International plc Options Chain 1.05 1.20 1.13
Profitability Analysis 5.30%
0.02 0.25 0.32 -0.03 72.65 75.00 10/18 No 9/25 0.37 0.37 0 3 10 None
FITB Fifth Third Bancorp Options Chain 1.05 1.15 1.10
Profitability Analysis 5.08%
0.03 0.29 0.43 -0.02 42.32 43.00 10/18 Yes 9/30 0.35 0.37 0 13 11 None
SRE Sempra Options Chain 1.00 1.10 1.05
Profitability Analysis 3.24%
0.01 0.18 0.37 -0.02 83.95 85.00 10/18 No 9/26 0.62 0.62 0 13 11 None
NLY Annaly Capital Management Inc Options Chain 0.35 1.71 1.03
Profitability Analysis 8.46%
0.05 0.67 0.55 0.00 20.45 20.50 11/01 Yes 9/30 0.65 0.65 0 0 8 None
WRB W.R. Berkley Corp Options Chain 0.90 1.15 1.03
Profitability Analysis 4.28%
0.02 0.22 0.40 -0.03 58.60 60.00 10/18 No 9/23 0.25 0.08 0 22 16 None
CSCO Cisco Systems Inc Options Chain 0.68 0.88 0.78
Profitability Analysis 4.21%
0.02 0.17 0.38 -0.01 51.03 52.00 11/01 No 10/02 0.40 0.40 0 13 10 None
ES Eversource Energy Options Chain 0.55 0.90 0.73
Profitability Analysis 4.45%
0.01 0.19 0.31 -0.02 68.40 70.00 10/18 No 9/23 0.71 0.71 0 3 7 None
HPE Hewlett Packard Enterprise Company Options Chain 0.55 0.65 0.60
Profitability Analysis 5.68%
0.03 0.31 0.46 -0.01 17.25 17.50 11/01 No 9/19 0.13 0.13 0 1 15 None