Curated Wheel List

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.

50 live namesLast reviewed:

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.

Open this list in the Screener

Current picks (50)

SymbolNamePriceChgScoreIVIV RankYieldCapSector
HSYThe Hershey Company$175.06-1.34%9226%40%0.03%$35.17BConsumer Defensive
DKSDick's Sporting Goods, Inc.$139.77+1.30%9239%31%0.04%$12.51BConsumer Cyclical
RPMRPM International, Inc.$103.43+0.19%9232%56%0.02%$13.20BBasic Materials
SRESempra$84.57+0.93%9024%40%0.03%$55.30BUtilities
FNFFidelity National Financial, Inc.$47.28+2.38%9032%46%0.04%$12.68BFinancial Services
DTEDTE Energy Company$137.07+0.75%9019%42%0.03%$28.52BUtilities
PPLPPL Corporation$35.11+1.68%9022%55%0.03%$26.42BUtilities
AIGAmerican International Group, Inc.$76.86+0.96%9026%55%0.02%$40.19BFinancial Services
YUMCYum China Holdings, Inc. Common Stock$43.69-2.37%8926%12%0.02%$14.87BConsumer Cyclical
XELXcel Energy, Inc.$76.34+1.10%8925%64%0.03%$47.68BUtilities
HBANHuntington Bancshares Inc$17.06+1.07%8927%41%0.04%$34.47BFinancial Services
KMBKimberly-Clark Corp.$107.95-1.13%8825%40%0.05%$35.90BConsumer Defensive
UPSUnited Parcel Service, Inc. Class B$103.50+0.70%8724%27%0.06%$88.06BIndustrials
CIThe Cigna Group$286.26+1.42%8727%32%0.02%$75.64BHealthcare
PGProcter & Gamble Company$146.92-0.54%8720%42%0.03%$341.25BConsumer Defensive
CTSHCognizant Technology Solutions$64.64+2.84%8739%46%0.02%$29.12BTechnology
SYYSysco Corporation$81.08-0.64%8722%53%0.03%$38.85BConsumer Defensive
MDTMedtronic plc$93.10+0.94%8726%59%0.03%$119.17BHealthcare
BXBlackstone Inc.$137.68-0.39%8639%43%0.04%$164.57BFinancial Services
HASHasbro, Inc.$93.00-0.53%8627%34%0.03%$13.12BConsumer Cyclical
PPGPPG Industries, Inc.$110.75-0.50%8628%42%0.03%$24.62BBasic Materials
AVYAvery Dennison Corp.$173.03-0.80%8627%46%0.02%$13.11BConsumer Cyclical
JBSJBS N.V.$13.14-2.95%8638%39%0.07%$14.07BConsumer Defensive
CNPCenterPoint Energy, Inc.$39.98+1.19%8621%51%0.02%$26.34BUtilities
CMSCMS Energy Corporation$68.59+0.78%8620%44%0.03%$21.51BUtilities
ARCCAres Capital Corporation$20.01-0.05%8624%38%0.10%$14.37BFinancial Services
BRBroadridge Financial Solutions Inc$178.91+0.48%8632%53%0.02%$20.40BTechnology
DPZDomino's Pizza Inc.$347.03+0.10%8635%59%0.02%$11.48BConsumer Cyclical
LNTAlliant Energy Corporation Common Stock$68.00+0.38%8623%50%0.03%$17.63BUtilities
ACNAccenture PLC$193.12+2.57%8644%54%0.03%$118.18BTechnology
IBMInternational Business Machines Corporation$234.71+1.04%8630%31%0.03%$221.13BTechnology
CLXClorox Company$94.29+0.02%8630%44%0.05%$11.40BConsumer Defensive
TXNTexas Instruments Incorporated$253.83-0.42%8635%22%0.02%$231.81BTechnology
WECWEC Energy Group, Inc.$106.70+0.92%8621%59%0.03%$34.77BUtilities
CCICrown Castle Inc.$77.26+2.49%8530%63%0.06%$33.76BReal Estate
FEFirstEnergy Corp.$47.04+1.62%8521%40%0.04%$27.22BUtilities
TRIThomson Reuters Corporation Common Shares$111.76+5.56%8544%0%0.02%$48.42BIndustrials
EVRGEvergy, Inc.$81.93+1.44%8422%52%0.03%$18.89BUtilities
ESEversource Energy$71.47+1.46%8421%43%0.04%$26.92BUtilities
ALLYAlly Financial Inc.$43.59+2.18%8429%27%0.03%$13.26BFinancial Services
DDominion Energy, Inc Common Stock$66.79+0.98%8421%47%0.04%$58.74BUtilities
AEPAmerican Electric Power Company, Inc.$124.71+0.92%8420%39%0.03%$67.89BUtilities
TMUST-Mobile US, Inc.$188.02+0.05%8429%49%0.02%$201.68BCommunication Services
BABAAlibaba Group Holding Limited American Depositary Shares, each represents eight Ordinary Shares$111.81-0.02%8438%3%0.06%$277.92BConsumer Cyclical
BAMBrookfield Asset Management Ltd.$50.29+1.25%8332%35%0.04%$80.33BFinancial Services
JEFJefferies Financial Group Inc.$54.26+2.57%8337%31%0.03%$11.04BFinancial Services
CGThe Carlyle Group Inc. Common Stock$47.75+1.29%8339%35%0.03%$17.01BFinancial Services
LMTLockheed Martin Corp.$532.95+0.33%8325%35%0.03%$123.00BIndustrials
XPXP Inc. Class A Common Stock$20.00+0.05%8347%22%0.10%$10.15BFinancial Services
DUKDuke Energy Corporation$121.40+0.70%8318%45%0.04%$94.66BUtilities

Live prices and scores are refreshed hourly. Click any symbol to open it in the screener with the full Tier 2 analysis.

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.

🤖 Opty AI Watchlist

Every stock Opty is tracking right now: current weekly picks and all active AI Trader positions. Live, auto-updating.

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.

High Premium, High Quality

Stocks paying rich option premium that also pass a company-quality and assignment test — the wheel list for sellers who don't want to own a leveraged ETF.

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.

Use this list in the OptyTrades screener

Sign in (free) and select "Dividend Wheel Kings" from the watchlist dropdown to see live wheel scores, IV signals, and entry zones.

Open in Screener