Can someone help or shade some light on how to find the best stock for covered call or for a starting point a few names which can help identify the nature and how to choose?
I want to try this strategy and thinking of reliance as the first try and do like sell the call of spot price + 10% every month.
Already discussed in Wheel Strategy - Slow Turtle Scanner - Unofficed
ouch, my bad…I missed that although I had seen that screener when I was going through the site
The highest profit in terms of % will be on illiquid stocks on same strategy employed. The one from the screener above does not enlist those stocks.
My fav set will be stocks with high debt. Because they have 0 prospects in their life. They are the guys who just fills their EMI and gets their EMIs.