- All dividend paying companies.
- Covered by Morningstar and Value Line Daily Options Survey.
- Current price below M* Fair Value.
- CSP strike below or within $5 above the M* Consider Buy Price.
- CSP downside protection of 15% or greater.
- CSP annualized return of 15% or greater.
If these positions work out well, I'll probably continue to establish a limited number of these positions in my portfolio, but the bulk of my portfolio will continue to follow the criteria documented in my trading plan.