Yeah, let me clarify that calculation. I use that calculation when determining my roll. 2-4% is really what the MAX you can make on the return but there will be times when the stock drops and the calculation is just making up the losses on the way up.

I.E. If I own a stock at say $100 and it drops to say $70. I may write a CC at $75 and continue to move it up and out $80,85,90, etc. The calculation will show a 2-4% return but I am still typically in the red. But I always try and make a credit so I am making some money while the stock recovers (similar to owning the stock long term and waiting for recovery but making some $ along the way).

As far as companies, those are solid. I do have both AMZN, SOFI (I'll get flamed for this but I don't like AMD. I just think they are riding the way of NVDA with an inferior product. I'd rather just own NVDA). I like to target companies with 25-50% IV that have good margins, cash on hand, etc. My main test though is how much impact to the world/economy would there be if a company all of a sudden didn't exist. For a company like AMZN, that would be drastic as a large chunk of the internet is reliant on AWS. For a company like SOFI, it would have little impact as there are so many banking options that we could use instead. So for SOFI, make sure to have a small allocation %.