Every preset dividend stock in AI Stock Monitor carries two numbers you will not find on a typical broker platform: a Floor and a Strike. They are not arbitrary — they encode the specific price levels where a cash-secured-put / covered-call routine on this name actually works. This article explains what each number means and how to read them.

Two Numbers, Two Jobs

Floor
The "I want to own more here" price
The price below which the stock is historically a buy. Reference anchor for put-selling — the floor is your put strike target, the price you are willing to be assigned at.
Strike
The "I am happy to sell here" price
The price above which the stock is historically rich. Reference anchor for call-selling (covered calls) — the strike is where you are willing to have shares called away.
Band
Floor < current price < Strike
The zone between floor and strike is the "hold" region. Current price inside this band means neither side of the options trade is especially attractive. Wait, or find a different name.

Why Per-Stock, Not a Formula

These numbers are stock-specific for a reason. A formula like "floor = 90% of current price" would tell you the same thing on a utility and a tech name — which is wrong. Every stock has its own historical support/resistance, its own typical drawdown depth, and its own normal yield range. The floor for BP.L respects its 6% yield; the floor for COST respects its long compounding curve. Blanket rules flatten this.

Presets come from two sources: hard-coded defaults in the app for the preset groups (e.g. The UK Yield 3), and your Google Sheets universe, which always overrides the defaults. That way you can keep the system-suggested band or override with your own thesis — Sheets wins.

Floor / Strike are not predictions. They are commitments. "I would buy at Floor" means you should actually want to sell a cash-secured put at that strike. "I would sell at Strike" means covered calls there should feel fine, not painful.

How to Read the Band on the Watchlist

The watchlist card for each stock shows three numbers stacked: Floor, current price, Strike. A quick glance tells you which side of the band price is sitting on — and therefore which options trade (if any) is currently actionable.

When the current price is below Floor, the watchlist highlights the row — that is the system telling you: the put-selling opportunity you set up is now live.

Floor = your put-sell target
Strike = your call-sell target
Band between them = hold · Sheets overrides presets

Set Floor + Strike on your Watchlist →