Option Selling Ideas – 7/20/20

Summary

  • Covered call spreadsheet.
  • Cash-secured put spreadsheet.
  • Ask questions in comments and at MoSI Option Selling chat.

Each Monday I put out lists of covered calls and cash-secured puts using screens at BarCharts. I am screening for VSL stocks, as well as, an expanded universe of stocks that used to be on the VSL. Stocks no longer on the VSL should have covered calls written near the money in hopes of getting called away or at least getting a higher premium. Stocks currently on the VSL can be written a bit out of the money to allow for more appreciation, the offset is lower premium.

I am arranging alphabetically, but you can sort how you want. 

Stock Covered Call Ideas

I would concentrate on longer dated calls to Oct/Nov around election or January 2021.

Cash-secured Put Ideas

Stick with oversold, i.e. RSI below 40 and rising, or RSI below 30. Look at commodity ETFs, I think those do well on recovery and 2021 stimulus. Look at global and international ETFs as those compare favorably to U.S. markets on valuation.

ETF Cash-secured Put Ideas

Stick with oversold, i.e. RSI below 40 and rising, or RSI below 30. Look at commodity ETFs, I think those do well on recovery and 2021 stimulus. Look at global and international ETFs as those compare favorably to U.S. markets on valuation.

Basic Options
Option Cycle

Related Articles

7 Cash-Secured Puts To Sell Now

Cash-secured puts are a great way to generate portfolio income and build positions with a margin of safety. See this article with any stock membership. Retirement Income Options has ongoing ideas for retirees looking for more income.

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