Dividend Wheel Kings
The wheel is already an income strategy — adding dividend-paying underlyings stacks two yield streams on top of each other. When you get assigned, you collect the dividend while you wait. When the stock gets called away, you've collected premium twice plus dividend. This list filters live for stocks with ≥2% yield and ≥$10B market cap, automatically excluding small-cap dividend traps.
Selection Criteria
- Dividend yield ≥ 2%
- Market cap ≥ $10 billion (excludes small-cap dividend traps)
- Updated live from current market data
- Filters apply on top of standard screener criteria
Who This List Is For
Income-focused wheelers who want to combine option premium with reliable dividend income.
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Frequently Asked Questions
Do I collect the dividend if I'm short a put?
No — you only collect dividends if you actually own the shares. The wheel is designed so that assignment puts you in the stock, at which point you start collecting dividends until the shares are called away.
Does selling covered calls affect my dividend?
Not directly — you still own the shares, so you collect the dividend as long as you hold through the ex-date. However, if your call goes deep ITM near ex-div, there's a risk of early assignment to capture the dividend.
Why exclude small-cap dividend stocks?
Small-cap stocks with high dividend yields are often 'dividend traps' — high yield because the price has fallen, often signaling fundamental problems. The $10B cap floor screens out most of these.
Other Wheel Lists
Wheel Kings Under $25
Curated list of 25 capital-efficient wheel strategy stocks trading $10–$25. Run cash-secured puts with as little as $1,000–$2,500 in collateral.
Wheel Kings $25–$50
Curated list of wheel strategy stocks trading $25–$50. Exclusive to this price band — ~$2,500–$5,000 collateral per cash-secured put.
Wheel Kings $50–$100
Quality wheel strategy stocks trading $50–$100. Exclusive to this band — large-cap names requiring $5K–$10K collateral per CSP. For accounts $25K+.
Mega-Cap Wheel Kings
29 mega-cap blue chips ($100B+) ideal for wheel strategy in large accounts. AAPL, MSFT, GOOGL, JPM, V — bulletproof underlyings, lower IV, higher confidence.
Buffett Quality
50 great companies that fit Warren Buffett's playbook: profitable, durable, fairly valued, shareholder-friendly. Rebuilt monthly.
CANSLIM Growth
50 market leaders near 52-week highs with strong earnings and institutional participation. William O'Neil's CANSLIM framework applied monthly.
Dividend 50
50 durable income stocks with covered dividends and predictable businesses. Built for investors who want compounding dividends, not lottery tickets.
High Premium High Risk
11 high-IV stocks and ETFs for options sellers who prioritize premium over safety — TQQQ, TSLA, NVDA, MSTR, COIN, PLTR, AMD, MARA, IREN, SOXL, and HOOD.
Fallen Angels
Profitable companies down 30%+ from their 52-week highs due to event-driven selloffs — not structural collapse. Elevated IV, fat premiums, real businesses.
Deep Value 50
50 Graham-style bargain stocks: cheap, profitable, covered, not distressed. The unloved quality corner of the market.
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