Below is a screen of stocks that are based in the USA, have an expected positive earnings per share for next year and the next five years, have a P/E ratio under 20, have a dividend yield of at least 1% with a payout ratio less than 70%, and, of course, is optionable. These are all the characteristics of companies I like to own and they're also characteristics of companies I like to sell puts in.
Before making the final decision to sell puts for any position, I always check the price chart. I want to make sure that the stock isn't overextended with the possibility of an imminent pullback. That obviously would be unwanted since the point of selling puts is to either retain the premium or get into the position at the lowest price possible. My intent is to sell puts at or just slightly above support levels and buy the shares at the lowest price possible.