9 Dow Jones 30 Stocks' EPS Growth Estimates 11.5% or Better: Sell OTM Puts Options for Income?

Boeing, Disney, Goldman Sachs, Travelers, American Express, Visa, UnitedHealth, Cisco and Caterpillar's earnings per share estimates should beat inflation

By Donald E.L. Johnson

Cautious Speculator

• The DJIA30’s top earnings winners: BA, DIS, TRV, GS, AXP, V, UNH, CSCO and CAT.

• The index’s biggest earnings losers: INTC, DOW, CVX, NKE, MMM, WBA, VZ, MRK, HD, AAPL.

• Dividend investors and options traders looking for puts options premiums income might sell cash secured puts on the winners.

• Owners of the losers may sell covered calls or sell their shares.

Nine of the 30 companies in the Dow Jones Industrial Average Index are expected to report higher earnings for 2023 next January. Ten companies in the blue chips index are expected to predict lower earnings for this year, according a survey of Wall Street analysts published by StockRover.com.

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I recently wrote about selling cash secured puts for income in bear markets and about selling covered calls on Blue Chips.

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Beware. Like all investing, trading stocks and options is risky. I’m an active private speculator who trades covered calls and sells puts on stocks for my accounts. I am not a professional analyst nor a financial advisor. I don't take and won't take responsibility for how other people trade. This article is for educational purposes only. It is not advice. The data presented looked accurate at publication time except for intra-day fluctuations, but I can’t guarantee the accuracy. Traders should do their due diligence. I reserve the right to trade any of the listed stocks and options at any time. I receive no compensation for producing this content nor for any links.