Options strategist Rick Orford shares his screening process for high-quality covered call candidates. Step one: filter by market cap to eliminate low-quality risk. Step two: target stocks with 30%-100% implied volatility. Step three: use IV Rank to confirm elevated premiums. Step four: expand opportunities with ETFs and weekly options for better income workflow.
Read more at Barchart: Here’s How One Trader Screens Stocks to Find Better Covered Call Options Trade Ideas in Minutes
