Conservative option stock screener

Screening Filters & Rationale

1. Market Cap ≥ $3 billion:

   • Purpose: Focus on large-cap and mid-cap stocks for stability.
   • Rationale: Larger companies tend to be less volatile and more reliable, aligning with conservative investment goals.

2. Dividend Yield (TTM) ≥ 1.2%:

   • Purpose: Ensure consistent income through dividends.
   • Rationale: A minimum yield provides steady returns, suitable for conservative investors seeking income.

3. Beta (LowRisk, ModerateRisk):

   • Purpose: Limit exposure to market volatility.
   • Rationale: Low to moderate beta stocks are less sensitive to market fluctuations, reducing risk.

4. Debt-to-Equity ≤ 1.5:

   • Purpose: Prioritize financially stable companies.
   • Rationale: A lower debt-to-equity ratio indicates manageable debt levels, reducing financial risk.

5. Is Optionable = True:

   • Purpose: Ensure stocks are eligible for options trading.
   • Rationale: This filter allows for flexibility in implementing conservative options strategies like covered calls.