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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GM | General Motors Company | Options Chain | 1.87 | 2.46 | 0.49 | 1.00 | 0.49 | 0.38 | 0 | 3 | -0.29 | -0.04 | 79.60 | 79.00 | 8/28/2026 | Yes | 8 | 60 | None | |
| LVS | Las Vegas Sands Corp | Options Chain | 1.20 | 1.45 | 0.36 | 1.00 | 0.36 | 0.42 | 5 | 0 | -0.30 | -0.03 | 45.47 | 43.00 | 8/28/2026 | Yes | 9 | 46 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 23.85 | 26.65 | 1.60 | 5.00 | 0.32 | 0.86 | 2 | 3 | -0.30 | -0.58 | 404.15 | 395.00 | 8/28/2026 | Yes | 11 | 52 | None | |
| QCOM | Qualcomm Inc | Options Chain | 7.55 | 8.70 | 1.53 | 5.00 | 0.31 | 0.73 | 1 | 0 | -0.28 | -0.21 | 173.50 | 160.00 | 8/28/2026 | Yes | 14 | 72 | None | |
| ORCL | Oracle Corp | Options Chain | 5.15 | 5.55 | 1.50 | 5.00 | 0.30 | 0.67 | 27 | 36 | -0.28 | -0.14 | 127.05 | 115.00 | 8/28/2026 | No | 7 | 63 | None | |
| NVO | Novo Nordisk | Options Chain | 1.20 | 1.39 | 0.30 | 1.00 | 0.30 | 0.48 | 9 | 2 | -0.27 | -0.03 | 49.35 | 45.00 | 8/28/2026 | Yes | 13 | 51 | None | |
| TSCO | Tractor Supply Company | Options Chain | 0.70 | 1.05 | 0.30 | 1.00 | 0.30 | 0.52 | 0 | 7 | -0.27 | -0.02 | 29.75 | 27.00 | 8/28/2026 | Yes | 7 | 47 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.65 | 13.60 | 1.48 | 5.00 | 0.30 | 0.52 | 309 | 18 | -0.28 | -0.36 | 424.61 | 390.00 | 8/28/2026 | No | 20 | 61 |
Dividend Stock List |
|
| WMT | Walmart Inc | Options Chain | 1.88 | 2.11 | 0.28 | 1.00 | 0.28 | 0.31 | 7 | 1 | -0.29 | -0.05 | 110.39 | 104.00 | 8/28/2026 | Yes | 10 | 59 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.44 | 3.05 | 0.28 | 1.00 | 0.28 | 0.30 | 0 | 7 | -0.29 | -0.07 | 151.71 | 146.00 | 8/28/2026 | Yes | 11 | 71 | None | |
| APA | APA Corporation | Options Chain | 0.89 | 1.08 | 0.27 | 1.00 | 0.27 | 0.51 | 11 | 2 | -0.26 | -0.03 | 35.77 | 33.00 | 8/28/2026 | Yes | 15 | 64 | None | |
| T | AT&T Inc | Options Chain | 0.39 | 0.49 | 0.13 | 0.50 | 0.26 | 0.29 | 15 | 4 | -0.29 | -0.01 | 22.26 | 22.00 | 8/28/2026 | Yes | 9 | 61 | None | |
| MMM | 3M Company | Options Chain | 2.40 | 3.40 | 1.29 | 5.00 | 0.26 | 0.27 | 1 | 0 | -0.27 | -0.07 | 170.76 | 165.00 | 8/28/2026 | Yes | 8 | 61 | None | |
| F | Ford Motor Company | Options Chain | 0.32 | 0.38 | 0.12 | 0.50 | 0.24 | 0.44 | 3 | 2 | -0.26 | -0.01 | 14.26 | 13.50 | 8/28/2026 | Yes | 8 | 47 | None | |
| PCG | PG&E Corp | Options Chain | 0.34 | 0.45 | 0.12 | 0.50 | 0.24 | 0.35 | 13 | 0 | -0.30 | -0.01 | 17.49 | 17.00 | 8/28/2026 | Yes | 9 | 50 | None | |
| EQT | EQT Corp | Options Chain | 0.28 | 0.67 | 0.23 | 1.00 | 0.23 | 0.25 | 1 | 2 | -0.30 | -0.02 | 49.80 | 50.00 | 8/28/2026 | Yes | 17 | 71 | None | |
| KO | Coca-Cola Company | Options Chain | 1.06 | 1.26 | 0.23 | 1.00 | 0.23 | 0.21 | 1 | 1 | -0.30 | -0.04 | 81.97 | 80.00 | 8/28/2026 | Yes | 9 | 63 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.56 | 0.82 | 0.22 | 1.00 | 0.22 | 0.30 | 10 | 10 | -0.26 | -0.02 | 43.78 | 42.00 | 8/28/2026 | Yes | 13 | 73 | None | |
| UL | Unilever plc | Options Chain | 0.60 | 1.00 | 0.20 | 1.00 | 0.20 | 0.29 | 2 | 1 | -0.26 | -0.03 | 60.79 | 58.00 | 8/28/2026 | No | 9 | 58 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.41 | 0.54 | 0.19 | 1.00 | 0.19 | 0.26 | 2 | 0 | -0.29 | -0.01 | 32.38 | 31.00 | 8/28/2026 | Yes | 8 | 59 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.68 | 0.90 | 0.18 | 1.00 | 0.18 | 0.38 | 22 | 626 | -0.26 | -0.03 | 42.98 | 39.00 | 8/28/2026 | No | 14 | 58 | None |