Ratio Buy-Write Filter

DEFINING THE COLUMNS FOR RATIO BUYWRITE SCREEN
Column  1 Stock 52 Week High: highest high price for last 260 days
Column  2 Stock 52 Week Low: lowest low price for last 260 days
Column  3 Volatility: short-term 30 day
Column  4 Stock Name
Column  5 Ex-Dividend Date: next
Column  6 Dividend Amount: current
Column  7 Dividend Status: * = confirmed; blank = estimated
Column  8 Stock Ask Price 
Column  9 Stock Volume: in 100's
Column 10 Option Ticker Symbol
Column 11 Long Option Strike Month
Column 12 Long Option Strike Price
Column 13 Long Option Ask Price: Buy 1
Column 14 Long Option Volume: actual
Column 15 Long Option Open Interest: actual
Column 16 Short Option Strike Month
Column 17 Short Option Strike Price
Column 18 Short Option Bid Price: Sell 2
Column 19 Short Option Volume: actual
Column 20 Short Option Open Interest: actual
Column 21 Cost to put on position:
          Cost = (100 * stock ask price) + (100 * long option ask price)
          + ($60.00 stock and option commission) - (200 * short option bid
          price) + ($30.01 option commission)
Column 22 Net Money: collected if option IS exercised
          Net = (profit from sale of stock at strike price) + (dividend)
          - ($60.02 stock and option commission)
Column 23 Annualized Return: option IS exercised
Column 24 # of Days to Expiration
Column 25 Stock Ticker Symbol

We scan our equity-option database and report all ratio buy-write combinations,
selling 2 higher strike call options that will pay for the lower price call
option plus the 3 commissions.
This a more conservative approach than using the straight buy-write strategy
because the risk is the same but the gain is doubled.
A quick way to increase the yield is to compare the cost column to the stock
column.  If the cost is considerably less than the (stock price * 100),
a B2 S3 strategy can be used.  B2-S3 triples the gain without increasing the
risk.  The risk being the purchase of the shares of stock.

     THIS IS A VALUE SCREEN - NOT A DIRECTION SCREEN.  BUY WISELY!