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
UNH Unitedhealth Group Inc Options Chain 17.80 19.25 18.53
Profitability Analysis 3.35%
0.03 0.23 0.53 -0.26 600.50 600.00 12/27 No 12/09 2.10 2.10 0 14 10 None
GS Goldman Sachs Group Inc Options Chain 17.65 18.45 18.05
Profitability Analysis 3.36%
0.03 0.23 0.53 -0.23 581.50 580.00 12/27 No 12/02 3.00 3.00 0 12 13 None
UNH Unitedhealth Group Inc Options Chain 15.20 16.75 15.98
Profitability Analysis 3.76%
0.03 0.23 0.49 -0.25 600.50 605.00 12/27 No 12/09 2.10 2.10 0 14 10 None
GS Goldman Sachs Group Inc Options Chain 15.15 15.85 15.50
Profitability Analysis 3.78%
0.03 0.23 0.48 -0.23 581.50 585.00 12/27 No 12/02 3.00 3.00 0 12 13 None
FDX Fedex Corp Options Chain 12.00 12.70 12.35
Profitability Analysis 3.63%
0.04 0.36 0.50 -0.18 293.09 290.00 12/27 Yes 12/09 1.38 1.38 0 3 14 None
VST Vistra Corp Options Chain 11.10 11.90 11.50
Profitability Analysis 7.82%
0.07 0.58 0.54 -0.16 154.63 155.00 12/27 No 12/20 0.22 0.22 0 5 11 None
HD Home Depot Inc Options Chain 10.00 10.65 10.33
Profitability Analysis 1.30%
0.03 0.20 0.52 -0.14 407.27 400.00 12/27 No 11/27 2.25 2.25 0 14 8 None
ALB Albemarle Corp Options Chain 6.90 7.35 7.13
Profitability Analysis 9.20%
0.07 0.49 0.55 -0.09 106.72 109.00 12/27 No 12/13 0.41 0.41 0 30 7 None
MCD McDonald`s Corp Options Chain 6.30 7.40 6.85
Profitability Analysis 2.65%
0.02 0.17 0.52 -0.08 290.91 290.00 12/27 No 12/02 1.67 1.77 0 44 10 None
QCOM Qualcomm Inc Options Chain 6.15 7.30 6.73
Profitability Analysis 5.39%
0.04 0.33 0.51 -0.09 154.27 155.00 12/27 No 12/05 0.85 0.85 0 21 16 None
ALB Albemarle Corp Options Chain 6.40 6.80 6.60
Profitability Analysis 9.64%
0.06 0.48 0.52 -0.09 106.72 110.00 12/27 No 12/13 0.41 0.41 0 30 7 None
LRCX Lam Research Corp Options Chain 2.57 6.15 4.36
Profitability Analysis 6.48%
0.06 0.37 0.54 -0.05 70.05 70.00 12/27 No 12/11 0.23 0.23 0 10 12 None
CRH CRH Plc Options Chain 2.85 5.80 4.33
Profitability Analysis 4.90%
0.04 0.30 0.55 -0.06 99.79 100.00 12/27 No 11/22 0.35 0.35 0 7 10 None
MCD McDonald`s Corp Options Chain 4.10 4.40 4.25
Profitability Analysis 3.48%
0.01 0.17 0.39 -0.08 290.91 295.00 12/27 No 12/02 1.67 1.77 0 44 10 None
CRH CRH Plc Options Chain 2.35 5.00 3.68
Profitability Analysis 5.25%
0.04 0.29 0.50 -0.06 99.79 101.00 12/27 No 11/22 0.35 0.35 0 7 10 None
NKE Nike Inc - Class B Options Chain 3.55 3.70 3.63
Profitability Analysis 5.00%
0.05 0.37 0.54 -0.05 73.36 73.00 12/27 Yes 12/02 0.37 0.40 0 22 15 None
NKE Nike Inc - Class B Options Chain 3.10 3.50 3.30
Profitability Analysis 5.92%
0.04 0.39 0.50 -0.05 73.36 74.00 12/27 Yes 12/02 0.37 0.40 0 22 15 None
LRCX Lam Research Corp Options Chain 2.50 3.30 2.90
Profitability Analysis 5.82%
0.04 0.37 0.49 -0.05 70.05 71.00 12/27 No 12/11 0.23 0.23 0 10 12 None
MRK Merck & Co Inc Options Chain 2.73 3.05 2.89
Profitability Analysis 3.35%
0.03 0.22 0.53 -0.04 97.44 97.00 12/27 No 12/16 0.77 0.81 0 13 12 None
TPR Tapestry Inc Options Chain 1.25 4.00 2.63
Profitability Analysis 6.65%
0.05 0.43 0.45 -0.02 55.30 56.00 12/27 No 12/06 0.35 0.35 0 3 13 None
MRK Merck & Co Inc Options Chain 2.26 2.52 2.39
Profitability Analysis 3.86%
0.02 0.22 0.47 -0.04 97.44 98.00 12/27 No 12/16 0.77 0.81 0 13 12 None
NEE NextEra Energy Inc Options Chain 2.12 2.45 2.29
Profitability Analysis 3.80%
0.03 0.25 0.50 -0.03 76.88 77.00 12/27 No 11/22 0.52 0.52 0 28 14 None
TPR Tapestry Inc Options Chain 1.55 3.00 2.28
Profitability Analysis 4.21%
0.04 0.32 0.53 -0.02 55.30 55.00 12/27 No 12/06 0.35 0.35 0 3 13 None
WMT Walmart Inc Options Chain 2.20 2.27 2.24
Profitability Analysis 2.60%
0.03 0.18 0.55 -0.03 87.18 87.00 12/27 Yes 12/13 0.21 0.21 0 40 8 None
GM General Motors Company Options Chain 1.83 2.59 2.21
Profitability Analysis 3.71%
0.04 0.33 0.52 -0.03 55.28 55.00 12/27 No 12/06 0.12 0.12 0 1 17 None
TECK Teck Resources Ltd - Class B - Class B (Sub Voting) Options Chain 1.85 2.08 1.97
Profitability Analysis 5.24%
0.04 0.32 0.53 -0.04 46.65 47.00 12/27 No 12/13 0.12 0.12 0 2 11 None
JNJ Johnson & Johnson Options Chain 1.61 2.24 1.93
Profitability Analysis 3.30%
0.01 0.15 0.38 -0.03 153.11 155.00 12/27 No 11/26 1.24 1.24 0 41 13 None
DVN Devon Energy Corp Options Chain 1.45 2.02 1.74
Profitability Analysis 5.41%
0.05 0.33 0.55 -0.02 37.91 38.00 12/27 No 12/13 0.44 0.22 0 0 10 None
WMT Walmart Inc Options Chain 1.71 1.77 1.74
Profitability Analysis 3.17%
0.02 0.18 0.47 -0.03 87.18 88.00 12/27 Yes 12/13 0.21 0.21 0 40 8 None
OXY Occidental Petroleum Corp Options Chain 1.57 1.78 1.68
Profitability Analysis 3.91%
0.03 0.26 0.51 -0.02 50.91 51.00 12/27 No 12/10 0.22 0.22 0 2 9 None
NEM Newmont Corp Options Chain 1.55 1.64 1.60
Profitability Analysis 4.33%
0.04 0.30 0.51 -0.02 42.99 43.00 12/27 No 11/27 0.25 0.25 0 0 7 None
SLB SLB Options Chain 1.27 1.40 1.34
Profitability Analysis 4.79%
0.03 0.28 0.48 -0.02 43.53 44.00 12/27 No 12/04 0.28 0.28 0 2 16 None
HAL Halliburton Company Options Chain 1.23 1.41 1.32
Profitability Analysis 6.59%
0.04 0.31 0.54 -0.01 30.48 31.00 12/27 No 12/04 0.17 0.17 0 2 16 None
BAC Bank Of America Corp Options Chain 1.22 1.26 1.24
Profitability Analysis 2.19%
0.03 0.21 0.51 -0.01 46.48 46.00 12/27 No 12/06 0.26 0.26 0 10 10 None
DVN Devon Energy Corp Options Chain 0.95 1.39 1.17
Profitability Analysis 6.54%
0.03 0.31 0.44 -0.02 37.91 39.00 12/27 No 12/13 0.44 0.22 0 0 10 None
SU Suncor Energy Inc Options Chain 0.95 1.28 1.12
Profitability Analysis 4.56%
0.03 0.23 0.48 -0.02 40.83 41.00 12/27 No 12/03 0.55 0.57 0 2 13 None
CSCO Cisco Systems Inc Options Chain 0.98 1.25 1.12
Profitability Analysis 4.40%
0.02 0.18 0.47 -0.02 57.01 58.00 12/27 No 1/03 0.40 0.40 0 13 10 None
HAL Halliburton Company Options Chain 0.80 0.90 0.85
Profitability Analysis 8.33%
0.03 0.30 0.39 -0.01 30.48 32.00 12/27 No 12/04 0.17 0.17 0 2 16 None
BAC Bank Of America Corp Options Chain 0.78 0.81 0.80
Profitability Analysis 3.40%
0.02 0.21 0.37 -0.01 46.48 47.00 12/27 No 12/06 0.26 0.26 0 10 10 None
CSX CSX Corp Options Chain 0.70 0.80 0.75
Profitability Analysis 3.67%
0.02 0.21 0.44 -0.01 34.60 35.00 12/27 No 11/29 0.12 0.12 0 19 10 None
GOLD Barrick Gold Corp Options Chain 0.66 0.70 0.68
Profitability Analysis 5.51%
0.04 0.32 0.49 -0.01 17.80 18.00 12/27 No 11/29 0.10 0.10 0 0 17 None
KGC Kinross Gold Corp Options Chain 0.42 0.69 0.56
Profitability Analysis 6.22%
0.06 0.47 0.51 -0.01 9.97 10.00 12/27 No 11/27 0.03 0.03 0 0 16 None