Options Screener Results
Our option screener tables are highly sophisticated, configurable, and fast. Some of the covered call screener features:
- Customizable so you can show only the columns you care about and hide the rest. No reason to fill your screen with columns of options data you don't use.
- Show additional columns of data not shown in the demo table. More fields than you probably want to see.
- Sort on any column by clicking on the header for that column.
- Hover the mouse over some items to see more data as tooltips.
As a member you can customize the tables until your heart's content. Every time you make a change your configuration is auto-saved for instant recall the next time you visit. Our modern options screener is both simple and powerful.
Below is a list of what the columns in the demonstration table mean.
The underlying stock for this call option. If you move the cursor over any stock symbol you will see the company's name displayed.
The underlying stock's current ask price. Our quotes update every few minutes during market hours and are about 15 minutes delayed.
The strike price for this option. This is the price that you, as the call option seller (writer), agree to sell your shares for on or before the expiration date. If this all sounds like gobbledygook then check out our super friendly Tutorial.
The current bid for this option. This is how much a buyer is willing to pay you for that call option. If you sell the option you will get this cash today. Because one option contract controls 100 shares of stock, an option bid at $5 means you will get $500 if you sell 1 contract for that option.
The next ex-dividend date for this stock. In order to get the dividend you must own the stock at the market close the day BEFORE the ex-div date. So if next ex-div is Mar 5, you must own the stock at the close on Mar 4 in order to get the dividend.
Ex-dividend dates are very important to covered call writers because they can lead to early exercise. The person who bought your call option may exercise the day before the ex-div date just so they can capture the dividend. The ex-dividend date is displayed in green Mar 5 if it occurs before option expiration.
Our option screener makes it easy to implement a dividend capture strategy combined with covered calls.
The next dividend amount, in $s per share. You will get this amount if you own the stock at the close on the day before the ex-div date.
The next earnings release date, if known. If there is an earnings release date before the option expiration date then the options will be more expensive due to the uncertainty of how the stock will behave once earnings are released.
If you want to invest conservatively, you may not want to write covered calls on stocks that have earnings before expiration (we have a one-click filter for that to keep you out of trouble! We also display earnings release dates that occur before option expiration in red Mar 5 ).
This is your cost to enter this covered call. It is also the break-even point for this covered call on expiration day. It is the Stock Ask minus the Call Bid (assumes you buy the stock and sell the call today).
If the stock is higher than the net debit when the option expires then you've made a profit.
This is the return % for this covered call assuming the stock remains unchanged (i.e. flat) until option expiration.
This is the return % for this covered call on an annualized basis. For example, if you make 2% in 30 days then the annualized return would be (365/30)*2% or 24.3%. It is a fair way to compare investments with different durations (expiration dates).
And remember: These columns are only a sample of the columns you will have access to as a subscriber. Our covered calls options screener is highly configurable so you can get just the results you are looking for.
