List of stocks with high option premium

Screening Filters & Rationale

1. market_cap ≥ 5,000,000,000:

   • Purpose: Focus on large, established companies.
   • Rationale: Larger-cap stocks tend to have deeper options markets and more reliable liquidity, supporting tighter bid-ask spreads for premium-selling strategies.

2. weekly_average_turnover ≥ 1,000,000:

   • Purpose: Ensure the underlying stock trades actively.
   • Rationale: Higher share turnover indicates strong trading interest, which supports efficient price discovery and better execution for option trades.

3. is_optionable = True:

   • Purpose: Include only stocks with listed options.
   • Rationale: This guarantees that every result can actually be used for option premium strategies like covered calls or cash-secured puts.

4. option_iv_rank ≥ 70:

   • Purpose: Target stocks with relatively high implied volatility compared to their own past levels.
   • Rationale: A high IV rank suggests options are currently expensive, increasing the premiums received for selling options.

5. is_index_component ∈ {GSPC, NDX}:

   • Purpose: Limit selections to members of major indices (S&P 500 or Nasdaq 100).
   • Rationale: Index components are typically more liquid, better covered, and more stable names, aligning high option premiums with higher-quality underlying stocks.