Dividend Put Credit Spreads
A put credit spread is an options strategy that an investor uses when they
expect a moderate rise in the price of the underlying asset. The strategy employs two put
options to form a range, consisting of a high strike price and a low strike price.
The investor receives a net credit from the difference between the premiums of the two options.
This strategy implementation ensures that the short strike always has a delta value greater than
or equal to -0.30, and must have a minumum Premium to Width Ratio of 0.15.
The criteria for the underlying stocks on this list are that they must have a market cap of $10 billion or greater, have a dividend yield between .05% and 10%, a dividend payout ratio percentage of 90% or less, a liquidity rating of 3 stars or greater, and have made at least 10 dividend payments over the last 5 years.
The criteria for the underlying stocks on this list are that they must have a market cap of $10 billion or greater, have a dividend yield between .05% and 10%, a dividend payout ratio percentage of 90% or less, a liquidity rating of 3 stars or greater, and have made at least 10 dividend payments over the last 5 years.
| Ticker | Company | Options Chain | Bid | Ask | Spread Premium | Spread Width | Premium to Spread Ratio | Implied Volatility | Short Volume | Long Volume | Delta | Theta | Underlying Stock Price | Short Strike Price | Contract Expiration | Earnings Overlap? | Liquidity Rating | Algorithm Score | Safety Score | Lists |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WMT | Walmart Inc | Options Chain | 2.19 | 4.00 | 0.94 | 1.00 | 0.94 | 0.34 | 0 | 27 | -0.28 | -0.05 | 126.70 | 121.00 | 3/27/2026 | Yes | 9 | 57 | None | |
| KO | Coca-Cola Company | Options Chain | 0.67 | 1.60 | 0.51 | 1.00 | 0.51 | 0.21 | 0 | 5 | -0.27 | -0.02 | 76.81 | 75.00 | 3/27/2026 | Yes | 7 | 63 | None | |
| AMKR | AMKOR Technology Inc | Options Chain | 1.95 | 2.35 | 0.45 | 1.00 | 0.45 | 0.68 | 201 | 7 | -0.25 | -0.05 | 53.46 | 50.00 | 3/20/2026 | No | 13 | 51 | None | |
| ORCL | Oracle Corp | Options Chain | 7.05 | 7.45 | 1.60 | 5.00 | 0.32 | 0.69 | 7 | 16 | -0.29 | -0.14 | 159.89 | 140.00 | 3/27/2026 | Yes | 7 | 61 | None | |
| F | Ford Motor Company | Options Chain | 0.25 | 0.37 | 0.16 | 0.50 | 0.32 | 0.28 | 18 | 68 | -0.25 | 0.00 | 13.57 | 13.00 | 3/27/2026 | Yes | 12 | 49 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.85 | 12.10 | 1.43 | 5.00 | 0.29 | 0.45 | 47 | 7 | -0.29 | -0.23 | 361.91 | 350.00 | 3/27/2026 | No | 22 | 67 |
Dividend Stock List |
|
| XOM | Exxon Mobil Corp | Options Chain | 2.70 | 3.50 | 0.28 | 1.00 | 0.28 | 0.27 | 2 | 0 | -0.29 | -0.05 | 151.44 | 149.00 | 3/27/2026 | No | 10 | 73 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.01 | 1.21 | 0.26 | 1.00 | 0.26 | 0.28 | 0 | 7 | -0.29 | -0.02 | 55.39 | 52.00 | 3/27/2026 | No | 9 | 65 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.60 | 1.80 | 0.62 | 2.50 | 0.25 | 0.46 | 81 | 11 | -0.29 | -0.03 | 57.66 | 55.00 | 3/20/2026 | No | 8 | 55 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.70 | 1.80 | 0.60 | 2.50 | 0.24 | 0.38 | 35 | 61 | -0.30 | -0.03 | 72.35 | 70.00 | 3/20/2026 | Yes | 9 | 56 | None | |
| NVO | Novo Nordisk | Options Chain | 1.04 | 1.64 | 0.24 | 1.00 | 0.24 | 0.46 | 1 | 1 | -0.27 | -0.03 | 49.12 | 45.00 | 3/27/2026 | No | 12 | 50 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 2.85 | 3.20 | 1.18 | 5.00 | 0.24 | 0.42 | 55 | 9 | -0.26 | -0.08 | 128.13 | 120.00 | 3/20/2026 | Yes | 11 | 54 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.77 | 1.22 | 0.23 | 1.00 | 0.23 | 0.26 | 5 | 25 | -0.28 | -0.02 | 60.86 | 58.00 | 3/27/2026 | No | 11 | 52 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 3.20 | 3.50 | 1.15 | 5.00 | 0.23 | 0.48 | 7 | 332 | -0.26 | -0.11 | 144.14 | 130.00 | 3/20/2026 | No | 11 | 60 | None | |
| HST | Host Hotels & Resorts Inc | Options Chain | 0.30 | 0.50 | 0.22 | 1.00 | 0.22 | 0.30 | 1 | 1 | -0.26 | -0.01 | 19.93 | 19.00 | 3/20/2026 | Yes | 8 | 50 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.63 | 0.69 | 0.22 | 1.00 | 0.22 | 0.22 | 326 | 152 | -0.27 | -0.02 | 47.39 | 47.00 | 3/27/2026 | No | 8 | 62 | None | |
| INFY | Infosys Ltd | Options Chain | 0.30 | 0.70 | 0.22 | 1.00 | 0.22 | 0.46 | 1 | 1410 | -0.29 | -0.01 | 16.64 | 15.00 | 3/20/2026 | No | 14 | 50 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.90 | 1.20 | 0.22 | 1.00 | 0.22 | 0.36 | 30 | 7 | -0.29 | -0.03 | 42.39 | 40.00 | 3/20/2026 | No | 11 | 68 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.72 | 2.79 | 0.21 | 1.00 | 0.21 | 0.31 | 1 | 17 | -0.28 | -0.05 | 99.25 | 92.00 | 3/27/2026 | No | 10 | 70 | None | |
| BAH | Booz Allen Hamilton Holding Corp - Class A | Options Chain | 1.80 | 2.05 | 1.03 | 5.00 | 0.21 | 0.44 | 367 | 2 | -0.21 | -0.04 | 89.60 | 75.00 | 3/20/2026 | No | 16 | 52 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 4.00 | 5.10 | 1.03 | 5.00 | 0.21 | 0.35 | 3 | 3 | -0.26 | -0.10 | 273.22 | 255.00 | 3/27/2026 | No | 12 | 67 | None | |
| RF | Regions Financial Corp | Options Chain | 0.35 | 0.60 | 0.20 | 1.00 | 0.20 | 0.28 | 0 | 1 | -0.25 | -0.01 | 30.82 | 29.00 | 3/20/2026 | No | 14 | 69 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.50 | 6.05 | 0.90 | 5.00 | 0.18 | 0.28 | 4 | 2 | -0.25 | -0.14 | 318.40 | 300.00 | 3/27/2026 | No | 8 | 78 | None | |
| OKE | Oneok Inc | Options Chain | 1.35 | 1.50 | 0.85 | 5.00 | 0.17 | 0.33 | 539 | 30 | -0.26 | -0.05 | 82.86 | 80.00 | 3/20/2026 | Yes | 14 | 75 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 1.89 | 5.35 | 0.83 | 5.00 | 0.17 | 0.31 | 110 | 10 | -0.25 | -0.08 | 199.43 | 190.00 | 3/27/2026 | Yes | 10 | 67 | None | |
| CLX | Clorox Company | Options Chain | 1.45 | 1.65 | 0.80 | 5.00 | 0.16 | 0.26 | 14 | 198 | -0.27 | -0.05 | 121.45 | 120.00 | 3/20/2026 | No | 13 | 51 | None | |
| T | AT&T Inc | Options Chain | 0.23 | 0.44 | 0.08 | 0.50 | 0.16 | 0.26 | 1 | 0 | -0.27 | -0.01 | 27.41 | 26.50 | 3/27/2026 | No | 9 | 58 | None | |
| QCOM | Qualcomm Inc | Options Chain | 2.00 | 2.65 | 0.77 | 5.00 | 0.15 | 0.34 | 1 | 0 | -0.23 | -0.05 | 140.09 | 130.00 | 3/27/2026 | No | 10 | 65 | None | |
| BCS | Barclays plc | Options Chain | 0.40 | 0.50 | 0.15 | 1.00 | 0.15 | 0.37 | 5 | 7 | -0.23 | -0.01 | 26.16 | 24.00 | 3/20/2026 | Yes | 13 | 47 | None |