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Scan for stocks with high Covered Call return


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Scan for stocks with high Covered Call return

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  #1 (permalink)
Bedford Corners New York
 
 
Posts: 1 since Dec 2020
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I am currently on ThinkOrSwim browsing through the options scanning feature and am trying to figure out a way to view options with very high premium returns to buy the stock and sell covered calls on. I want to find the options that have high volume, about 8% OTM, and give the highest premium/share price return for the nearest expiration date. Is there any way to do this? If not is there a different platform I should move to?

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  #2 (permalink)
Chicago, IL
 
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Platform: oil super computer
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You will want to scan for stocks with high implied volatility. I would do more research on your strategy though as just because the premium is high does not make them a good stock and the higher volatility could lead to large losses on the underlying negating any premium collected.

Also research synthetic options positions, a short naked put is the same thing as a covered call.

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  #3 (permalink)
W.Coast, USA.
 
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mongoose View Post
a short naked put is the same thing as a covered call.

How?

Short naked put = bullish
covered call = bearish

right?

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  #4 (permalink)
Chicago, IL
 
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The risk profile is the same. Limited upside while unlimited downside.

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