Covered Calls and Cash Secured Puts Analysis Page on MyATMM.com

Master the Analysis Page for Weekly Options Screening

The Covered Calls and Cash Secured Puts Analysis page on MyATMM.com is your command center for identifying profitable weekly options opportunities. This powerful screening tool helps option sellers evaluate multiple stock symbols simultaneously, compare premium opportunities, and filter candidates based on critical metrics like volume, ROI, and dividend yield.

Whether you're looking for high-premium candidates, dividend-paying stocks with options, or simply trying to screen for adequate liquidity, this analysis page provides all the data you need in one streamlined interface. Let's explore how to leverage every feature to maximize your weekly options income.

Key Benefit: The analysis page tracks over 550 weekly options symbols automatically, updating stock prices and metrics twice daily. You can screen multiple tickers at once, saving hours of manual research time.

Getting Started: Adding Stock Symbols

Access the analysis page from your MyATMM dashboard by clicking the "Covered Calls CSP" or "Cash Secured Puts" link. This takes you directly to the screening interface where you can begin analyzing potential candidates.

How to Add Symbols

The interface makes it simple to add one or multiple stock symbols for analysis:

  • Single or Multiple Entry: Enter one stock ticker or several at once in the input field
  • Click "Add" to Process: The system processes all symbols and displays a success/failure count
  • Error Logging: If a symbol fails (invalid ticker or processing error), click the failure count to see the specific error message
  • Immediate Display: Successfully added symbols appear instantly in the data grid below

Example: Adding Multiple Symbols

You could add several high-quality dividend stocks at once for comparison:

  • AAPL (Apple)
  • MMM (3M Company)
  • TSLA (Tesla)
  • MSFT (Microsoft)

All four would process together, saving time versus adding them individually.

New Symbols vs. Existing Data

When you add a symbol that's already in the database, you'll see populated data immediately. If the symbol is brand new to the system, you may initially see zeros for all values. Here's what happens:

  • Background Processing: The system queues the new symbol for data retrieval
  • Automatic Updates: Within seconds to a couple of minutes, the background process fetches current data
  • Refresh to View: Click the refresh button to update the display and see the newly populated metrics

Understanding the Data Displayed

The analysis page focuses specifically on weekly options, filtering out monthly-only stocks. This ensures you're viewing candidates suitable for consistent weekly premium collection strategies.

Weekly Premium Columns

The default "Week One" display shows critical data for the first upcoming weekly expiration:

  • Call Bid Week 1: Premium available for selling an at-the-money (or near-the-money) covered call
  • Call ROI Week 1: Annualized return on investment if you collected this premium weekly for 52 weeks
  • Call Volume Week 1: Trading volume for the week 1 call option (indicates liquidity)
  • Put Bid Week 1: Premium for selling an at-the-money cash-secured put
  • Put ROI Week 1: Annualized ROI for the put side
  • Put Volume Week 1: Trading volume for the put option
ROI Calculation: The system calculates annualized ROI by dividing the weekly premium by the stock price, then multiplying by 52 weeks. This gives you a standardized metric for comparing opportunities across different price ranges.

Additional Metrics

Beyond premium data, the page displays valuable context for each symbol:

  • Weekly Average: How much the stock moves on average per week over the past 12 months (helps gauge volatility)
  • Dividend & Yield: If the stock pays dividends, you'll see the annual dividend amount and yield percentage
  • Trend Indicator: A simple directional indicator showing whether the stock is trending bullish or bearish based on simple moving averages
  • Last Updated: Hover over any stock symbol to see when data was last refreshed

Trend Analysis Explained

The trend column provides a quick sentiment indicator based on the 20, 50, and 200-day simple moving averages (SMAs):

  • Bullish!!! Both the 20 and 50 SMA are above the 200 SMA (strong uptrend)
  • Bullish One of the shorter SMAs is above the 200 SMA (moderate uptrend)
  • Bearish One of the shorter SMAs is below the 200 SMA (moderate downtrend)
  • Bearish!!! Both shorter SMAs are below the 200 SMA (strong downtrend)

While this is a crude generalization, it provides a quick directional reference. Always perform deeper technical analysis before placing trades.

Powerful Filtering and Sorting Options

The true power of the analysis page lies in its filtering capabilities. You can narrow down hundreds of weekly options stocks to a focused list of candidates that meet your specific criteria.

Display Type Options

Choose what data you want to view:

  • Week One (Default): Shows only the first upcoming expiration data
  • Week Two: Displays data for the second weekly expiration only
  • Volume: Shows volume data for all four options (call/put week 1 & 2) in isolation
  • Both: Displays all columns for both weeks (can be crowded but shows complete picture)

Tip: Use the three-button icon on the top right to expand the view for more screen real estate when viewing "Both."

Stock Symbol Filter

If you've added multiple symbols but want to focus on a specific one, type the ticker in the stock symbol filter field. This narrows the display to just that single ticker while maintaining your filter settings.

Minimum Bid Price Filter

One of the most useful filters for option sellers. Set a minimum premium threshold to eliminate low-paying candidates:

  • How It Works: The filter checks ALL four bid prices (week 1 call, week 1 put, week 2 call, week 2 put)
  • Display Logic: Only stocks where ALL four bids meet or exceed your minimum will display
  • Example Use: Set minimum to $0.25 to filter out anything paying less than 25 cents per week

Practical Filter Example

If you set minimum bid price to $0.21, any stock with even one option bid below 21 cents will be filtered out. This ensures you're only seeing opportunities with consistent premium across both weeks and both sides (calls and puts).

Stock Price Range Filter

Control the price range of underlying stocks to match your capital and risk tolerance:

  • Set Minimum & Maximum: Enter dollar amounts for the lowest and highest stock prices you want to consider
  • Account Size Alignment: Lower-priced stocks require less capital for cash-secured puts
  • Example: Filter for stocks between $5 and $10 if you want lower-capital opportunities

Minimum Volume Filter

Liquidity matters tremendously in options trading. The volume filter helps you avoid thinly traded contracts:

  • How It Works: Checks volume across all four option contracts (both weeks, calls and puts)
  • Display Logic: If even ONE of the four contracts meets your minimum volume, the stock displays
  • Use Case: Set to 200+ to ensure you can enter and exit positions with reasonable spreads

Note: All four contracts don't need to meet the minimum—just one. This prevents filtering out good candidates where one expiration has lower volume.

Dividend-Only Filter

Toggle this checkbox to display only dividend-paying stocks that offer weekly options. This is ideal for investors who want both dividend income and option premium, creating a dual income stream.

Sorting Capabilities

Every column header is sortable. Click once for ascending order, click again for descending:

  • Sort by Premium: Find the highest-paying weekly options instantly
  • Sort by ROI: Identify best percentage returns relative to stock price
  • Sort by Volume: Focus on the most liquid contracts first
  • Sort by Dividend Yield: Rank dividend payers by yield
  • Sort by Trend: Group all bullish or bearish stocks together

Target Position Cost: Position Sizing Tool

The Target Position Cost feature helps you determine how many shares or contracts fit within your desired position size for each stock.

How It Works

Enter a dollar amount representing the maximum you want invested in any single position. The system then calculates the "Target Size" column showing how many shares you can afford:

  • Share Calculations: Divides your target position cost by the stock price
  • Contract Increments: Rounds to the nearest 100 shares (one options contract represents 100 shares)
  • Consistent Sizing: Apply the same position size rule across all evaluated stocks

Target Position Example

If you set a target position cost of $25,000:

  • A $150 stock would show target size of 100 shares (1 contract)
  • A $75 stock would show 300 shares (3 contracts)
  • A $7 stock would show 3,600 shares (36 contracts)

This keeps your capital deployment consistent regardless of the stock's price per share.

Setting Your Default Target Position

Rather than entering your target position cost every time you visit the page, set a default in your preferences:

  1. Navigate to the preferences page from the main menu
  2. Enter your desired target position cost (e.g., $27,500)
  3. Click "Save" to store your preference
  4. The analysis page will now default to this amount automatically

You can still manually override this on the analysis page for any specific screening session.

Refreshing and Updating Stock Data

MyATMM automatically updates all tracked symbols twice daily—once in the morning and once after market close. However, you can manually refresh individual stocks or the entire page when needed.

Page-Level Refresh

The main "Refresh" button at the top of the grid updates all visible symbols in your current filtered view. Use this after the market moves significantly or when you want to ensure you're seeing current data.

Individual Symbol Refresh

Each stock row has a refresh icon on the far right. Clicking this:

  • Queues the Symbol: Sends it to the background processing queue
  • Shows Queue Status: The icon changes to indicate the symbol is queued and will update shortly
  • Updates Timestamp: Once processed (usually seconds), hover over the ticker to see the new update time

Refresh Limitations

To prevent excessive API calls and maintain system performance, there's a 15-minute cooldown between manual refreshes for each symbol. If you try refreshing a symbol within 15 minutes of the last update, you'll see an error message.

Important Note: The data is not real-time. Manual refreshes provide updated snapshots but won't give you live tick-by-tick quotes. Use your broker's platform for real-time quotes when placing trades.

Managing Your Symbol List

As you build your watchlist and add symbols over time, you'll want to keep it organized by removing stocks that no longer interest you.

Deleting Symbols

Each row has a delete button on the right side. Clicking this immediately removes the symbol from your analysis page view. The stock data remains in the MyATMM database but is no longer displayed in your personal screening list.

Link to Cost Basis Tracking

There's an important connection between the analysis page and the cost basis tracking page:

  • Data Dependency: For a symbol to display accurate "last price" and "weekly average" on the cost basis page, it must exist in the analysis page database
  • Adding New Symbols: If you track a position on the cost basis page and see zeros for last price or weekly average, the symbol likely needs to be added here first
  • Automatic Tracking: MyATMM tracks 550+ weekly options symbols by default from the CBOE list, so most actively traded tickers are already included

If you're trading a less common symbol not yet in the database, add it to the analysis page first. This ensures all the supporting price data and metrics populate correctly across the entire platform.

Strategic Use Cases for the Analysis Page

Now that you understand all the features, let's explore how to apply them strategically for different option-selling approaches.

Screening for High ROI Opportunities

  1. Add a broad list of stocks (or use the default 550 tracked symbols)
  2. Set display type to "Week One"
  3. Set minimum bid price to $0.50 or higher to focus on substantial premium
  4. Sort by "Call ROI Week 1" descending to see the highest annualized returns
  5. Review the top candidates and cross-reference with chart analysis

Finding Liquid Options Contracts

  1. Set display type to "Volume"
  2. Set minimum volume to 500 or 1,000
  3. Sort by volume (descending) to see the most actively traded options
  4. Focus on stocks where all four option contracts show healthy volume

Dividend Stock Options Strategy

  1. Check the "Dividend Only" filter
  2. Sort by dividend yield (descending) to see highest yielders
  3. Cross-reference with Call ROI to find stocks offering both strong dividends and option premium
  4. Build positions for dual income streams (dividends + premiums)

Capital-Efficient Position Building

  1. Set stock price filter to $5-$25 (lower-priced stocks)
  2. Set your target position cost to match your account size
  3. Review target size column to see how many contracts fit your risk parameters
  4. Focus on stocks where you can sell 2-5 contracts per position for diversification

How MyATMM Simplifies Weekly Options Analysis

Manually screening hundreds of weekly options across multiple stocks would take hours of work each week. You'd need to pull data from your broker, calculate ROIs, check volumes, and cross-reference dividend information—all before making a single trade decision.

MyATMM's Covered Calls and Cash Secured Puts Analysis page consolidates all of this into a single, powerful interface. The platform automatically tracks 550+ weekly options symbols, updates prices twice daily, and provides sortable, filterable data in seconds.

Beyond the analysis page, MyATMM offers complete cost basis tracking for your active positions, assignment management, ROI calculations, and portfolio-wide performance metrics. Everything an option seller needs is purpose-built into one streamlined platform.

Get Started Free: Track up to 3 tickers free forever with a MyATMM account. No credit card required. See why option sellers choose MyATMM for accurate tracking without spreadsheet headaches.

Conclusion: Your Weekly Options Research Hub

The Covered Calls and Cash Secured Puts Analysis page is designed to save time while improving the quality of your options trading decisions. By providing comprehensive weekly options data, powerful filtering tools, and automatic updates, it removes the manual research burden from your weekly routine.

Whether you're focused on high-premium opportunities, dividend-paying underliers, or capital-efficient positions, the analysis page delivers the metrics you need to make informed decisions. Combined with MyATMM's cost basis tracking and assignment management, you have a complete solution for options selling success.

Start by adding your watchlist symbols, experiment with different filter combinations, and build your own screening criteria based on your strategy and risk tolerance. The more you use the analysis page, the faster you'll identify opportunities that match your weekly income goals.

Risk Disclaimer

Options trading involves risk and is not suitable for all investors. Selling covered calls caps your upside potential, and selling cash-secured puts obligates you to purchase shares at the strike price regardless of how far the stock falls. Past performance does not guarantee future results. This content is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

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Original Content by MyATMM Research Team | Published: January 2, 2023 | Educational Use Only