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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| QCOM | Qualcomm Inc | Options Chain | 13.40 | 15.00 | 3.62 | 10.00 | 0.36 | 0.74 | 202 | 184 | -0.28 | -0.19 | 238.16 | 210.00 | 7/17/2026 | No | 11 | 64 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 16.05 | 16.70 | 3.55 | 10.00 | 0.35 | 0.73 | 390 | 252 | -0.27 | -0.26 | 295.19 | 260.00 | 7/17/2026 | Yes | 11 | 53 | None | |
| NVT | nVent Electric plc | Options Chain | 6.30 | 7.50 | 1.75 | 5.00 | 0.35 | 0.54 | 0 | 2 | -0.29 | -0.11 | 164.66 | 150.00 | 7/17/2026 | No | 7 | 58 | None | |
| ORCL | Oracle Corp | Options Chain | 9.45 | 10.00 | 1.75 | 5.00 | 0.35 | 0.60 | 257 | 138 | -0.30 | -0.15 | 189.77 | 175.00 | 7/17/2026 | Yes | 7 | 61 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.73 | 1.92 | 0.35 | 1.00 | 0.35 | 0.60 | 6 | 8 | -0.29 | -0.03 | 33.97 | 34.00 | 7/17/2026 | Yes | 7 | 54 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 10.80 | 12.60 | 3.30 | 10.00 | 0.33 | 0.48 | 11 | 2 | -0.28 | -0.19 | 299.38 | 290.00 | 7/17/2026 | No | 10 | 65 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.10 | 9.30 | 1.57 | 5.00 | 0.31 | 0.28 | 365 | 318 | -0.30 | -0.17 | 418.57 | 400.00 | 7/17/2026 | No | 12 | 65 | None | |
| AA | Alcoa Corp | Options Chain | 3.30 | 3.45 | 1.56 | 5.00 | 0.31 | 0.58 | 47 | 65 | -0.29 | -0.05 | 71.38 | 65.00 | 7/17/2026 | No | 13 | 53 | None | |
| AVGO | Broadcom Inc | Options Chain | 15.70 | 16.50 | 3.10 | 10.00 | 0.31 | 0.50 | 326 | 138 | -0.29 | -0.26 | 416.09 | 380.00 | 7/17/2026 | Yes | 9 | 62 | None | |
| VST | Vistra Corp | Options Chain | 6.05 | 6.60 | 1.55 | 5.00 | 0.31 | 0.48 | 52 | 118 | -0.30 | -0.10 | 156.27 | 145.00 | 7/17/2026 | No | 10 | 62 | None | |
| GLW | Corning Inc | Options Chain | 10.25 | 11.05 | 1.52 | 5.00 | 0.30 | 0.72 | 54 | 45 | -0.27 | -0.16 | 191.89 | 170.00 | 7/17/2026 | No | 8 | 52 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.90 | 3.00 | 1.50 | 5.00 | 0.30 | 0.37 | 38 | 52 | -0.25 | -0.04 | 81.32 | 75.00 | 7/17/2026 | No | 15 | 65 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.10 | 12.90 | 2.85 | 10.00 | 0.29 | 0.44 | 1086 | 233 | -0.26 | -0.22 | 404.52 | 370.00 | 7/17/2026 | No | 20 | 62 |
Dividend Stock List |
|
| ALLY | Ally Financial Inc | Options Chain | 1.20 | 1.45 | 0.28 | 1.00 | 0.28 | 0.38 | 0 | 21 | -0.30 | -0.02 | 42.35 | 40.00 | 7/17/2026 | Yes | 16 | 77 | None | |
| INTU | Intuit Inc | Options Chain | 11.00 | 11.60 | 2.75 | 10.00 | 0.28 | 0.51 | 208 | 93 | -0.26 | -0.21 | 319.94 | 290.00 | 7/17/2026 | No | 16 | 67 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.00 | 1.24 | 0.27 | 1.00 | 0.27 | 0.29 | 337 | 87 | -0.30 | -0.02 | 51.80 | 49.00 | 7/17/2026 | Yes | 14 | 74 | None | |
| F | Ford Motor Company | Options Chain | 0.48 | 0.49 | 0.27 | 1.00 | 0.27 | 0.40 | 1086 | 8101 | -0.30 | -0.01 | 14.93 | 14.00 | 7/17/2026 | No | 9 | 47 | None | |
| GE | General Electric Company | Options Chain | 8.75 | 9.40 | 2.68 | 10.00 | 0.27 | 0.41 | 46 | 20 | -0.28 | -0.16 | 302.46 | 280.00 | 7/17/2026 | No | 10 | 64 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.25 | 7.00 | 1.33 | 5.00 | 0.27 | 0.39 | 191 | 326 | -0.26 | -0.13 | 252.97 | 235.00 | 7/17/2026 | No | 14 | 72 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.80 | 6.30 | 1.30 | 5.00 | 0.26 | 0.27 | 59 | 4098 | -0.28 | -0.10 | 306.38 | 290.00 | 7/17/2026 | Yes | 11 | 79 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.51 | 2.87 | 0.65 | 2.50 | 0.26 | 0.47 | 33 | 126 | -0.28 | -0.05 | 76.14 | 70.00 | 7/17/2026 | Yes | 15 | 66 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 4.00 | 4.60 | 1.27 | 5.00 | 0.25 | 0.47 | 70 | 31 | -0.27 | -0.08 | 125.64 | 120.00 | 7/17/2026 | No | 12 | 62 | None | |
| AMKR | AMKOR Technology Inc | Options Chain | 2.95 | 3.30 | 1.25 | 5.00 | 0.25 | 0.79 | 29 | 15 | -0.22 | -0.06 | 65.75 | 55.00 | 7/17/2026 | No | 14 | 52 | None | |
| HPQ | HP Inc | Options Chain | 0.76 | 0.93 | 0.25 | 1.00 | 0.25 | 0.56 | 148 | 88 | -0.24 | -0.01 | 21.90 | 22.00 | 7/17/2026 | Yes | 10 | 41 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.85 | 2.01 | 0.61 | 2.50 | 0.24 | 0.32 | 94 | 103 | -0.30 | -0.04 | 76.40 | 72.50 | 7/17/2026 | Yes | 10 | 65 | None | |
| PRU | Prudential Financial Inc | Options Chain | 1.70 | 2.10 | 0.60 | 2.50 | 0.24 | 0.26 | 31 | 26 | -0.25 | -0.02 | 104.12 | 97.50 | 7/17/2026 | No | 13 | 59 | None | |
| BWA | BorgWarner Inc | Options Chain | 1.85 | 2.30 | 0.60 | 2.50 | 0.24 | 0.46 | 4 | 0 | -0.27 | -0.04 | 64.55 | 60.00 | 7/17/2026 | No | 12 | 59 | None | |
| APA | APA Corporation | Options Chain | 1.18 | 1.38 | 0.59 | 2.50 | 0.24 | 0.50 | 784 | 21 | -0.26 | -0.03 | 38.80 | 35.00 | 7/17/2026 | No | 15 | 62 | None | |
| DOW | Dow Inc | Options Chain | 1.06 | 1.16 | 0.59 | 2.50 | 0.24 | 0.46 | 51 | 22 | -0.26 | -0.02 | 36.01 | 32.50 | 7/17/2026 | No | 5 | 51 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.37 | 0.85 | 0.23 | 1.00 | 0.23 | 0.21 | 25 | 0 | -0.27 | -0.01 | 39.63 | 38.00 | 7/17/2026 | No | 9 | 59 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.75 | 1.87 | 1.15 | 5.00 | 0.23 | 0.49 | 192 | 191 | -0.23 | -0.03 | 61.99 | 55.00 | 7/17/2026 | No | 14 | 63 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.15 | 3.35 | 1.15 | 5.00 | 0.23 | 0.32 | 1256 | 650 | -0.26 | -0.07 | 155.29 | 145.00 | 7/17/2026 | No | 9 | 64 | None | |
| GM | General Motors Company | Options Chain | 1.55 | 1.88 | 0.56 | 2.50 | 0.22 | 0.36 | 45 | 38 | -0.25 | -0.04 | 78.79 | 72.50 | 7/17/2026 | No | 11 | 66 | None | |
| PEP | PepsiCo Inc | Options Chain | 2.11 | 2.24 | 1.11 | 5.00 | 0.22 | 0.25 | 48 | 75 | -0.24 | -0.03 | 148.85 | 140.00 | 7/17/2026 | No | 12 | 61 | None | |
| NTAP | Netapp Inc | Options Chain | 3.80 | 4.40 | 1.10 | 5.00 | 0.22 | 0.47 | 11 | 26 | -0.25 | -0.07 | 123.94 | 125.00 | 7/17/2026 | Yes | 13 | 69 | None | |
| WMT | Walmart Inc | Options Chain | 2.15 | 2.28 | 1.10 | 5.00 | 0.22 | 0.25 | 928 | 9031 | -0.29 | -0.04 | 120.27 | 115.00 | 7/17/2026 | No | 8 | 56 | None | |
| ABT | Abbott Laboratories | Options Chain | 1.50 | 1.85 | 0.53 | 2.50 | 0.21 | 0.35 | 16 | 44 | -0.23 | -0.03 | 87.41 | 80.00 | 7/17/2026 | Yes | 12 | 64 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.71 | 0.82 | 0.21 | 1.00 | 0.21 | 0.22 | 108 | 72 | -0.28 | -0.01 | 48.27 | 46.00 | 7/17/2026 | No | 13 | 73 | None | |
| MO | Altria Group Inc | Options Chain | 1.06 | 1.23 | 0.51 | 2.50 | 0.20 | 0.22 | 27 | 23 | -0.26 | -0.01 | 73.71 | 70.00 | 7/17/2026 | No | 8 | 59 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.31 | 2.44 | 0.98 | 5.00 | 0.20 | 0.35 | 133 | 249 | -0.23 | -0.04 | 120.41 | 110.00 | 7/17/2026 | No | 10 | 62 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.54 | 1.76 | 0.49 | 2.50 | 0.20 | 0.29 | 9 | 133 | -0.26 | -0.04 | 90.15 | 85.00 | 7/17/2026 | Yes | 16 | 69 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.30 | 6.75 | 1.93 | 10.00 | 0.19 | 0.29 | 81 | 87 | -0.24 | -0.12 | 388.47 | 360.00 | 7/17/2026 | No | 11 | 64 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.47 | 0.64 | 0.19 | 1.00 | 0.19 | 0.25 | 47 | 20 | -0.25 | -0.01 | 33.79 | 32.00 | 7/17/2026 | Yes | 11 | 67 | None | |
| GFI | Gold Fields Ltd | Options Chain | 1.30 | 1.45 | 0.93 | 5.00 | 0.19 | 0.56 | 54 | 11 | -0.24 | -0.03 | 39.53 | 35.00 | 7/17/2026 | No | 11 | 56 | None | |
| EQT | EQT Corp | Options Chain | 0.77 | 1.10 | 0.46 | 2.50 | 0.18 | 0.34 | 15 | 91 | -0.20 | -0.02 | 57.74 | 52.50 | 7/17/2026 | No | 16 | 72 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.25 | 1.70 | 0.90 | 5.00 | 0.18 | 0.39 | 34 | 1 | -0.23 | -0.03 | 65.85 | 60.00 | 7/17/2026 | No | 12 | 55 | None | |
| EXC | Exelon Corp | Options Chain | 0.55 | 0.80 | 0.18 | 1.00 | 0.18 | 0.21 | 0 | 30 | -0.28 | -0.01 | 46.23 | 44.00 | 7/17/2026 | No | 8 | 57 | None | |
| CGNX | Cognex Corp | Options Chain | 1.75 | 2.10 | 0.88 | 5.00 | 0.18 | 0.46 | 57 | 0 | -0.25 | -0.04 | 66.09 | 60.00 | 7/17/2026 | No | 14 | 57 | None | |
| TGT | Target Corp | Options Chain | 1.94 | 2.10 | 0.87 | 5.00 | 0.17 | 0.32 | 151 | 47 | -0.22 | -0.05 | 125.60 | 115.00 | 7/17/2026 | No | 12 | 62 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.50 | 0.17 | 1.00 | 0.17 | 0.30 | 2 | 0 | -0.25 | -0.01 | 21.56 | 20.00 | 7/17/2026 | No | 9 | 59 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.80 | 0.88 | 0.42 | 2.50 | 0.17 | 0.27 | 19 | 24 | -0.23 | -0.02 | 59.73 | 55.00 | 7/17/2026 | No | 11 | 53 | None | |
| C | Citigroup Inc | Options Chain | 2.16 | 2.44 | 0.83 | 5.00 | 0.17 | 0.34 | 65 | 70 | -0.22 | -0.06 | 125.22 | 115.00 | 7/17/2026 | Yes | 12 | 69 | None | |
| GIS | General Mills Inc | Options Chain | 0.55 | 0.65 | 0.40 | 2.50 | 0.16 | 0.39 | 653 | 27 | -0.20 | -0.01 | 33.47 | 30.00 | 7/17/2026 | Yes | 9 | 52 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.87 | 3.25 | 1.57 | 10.00 | 0.16 | 0.24 | 178 | 229 | -0.24 | -0.06 | 234.34 | 220.00 | 7/17/2026 | Yes | 9 | 66 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.89 | 1.04 | 0.39 | 2.50 | 0.16 | 0.39 | 210 | 15 | -0.24 | -0.02 | 47.22 | 42.50 | 7/17/2026 | No | 10 | 60 | None | |
| HON | Honeywell International Inc | Options Chain | 3.10 | 3.70 | 1.50 | 10.00 | 0.15 | 0.30 | 19 | 17 | -0.21 | -0.09 | 223.80 | 210.00 | 7/17/2026 | No | 8 | 69 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.20 | 0.35 | 0.15 | 1.00 | 0.15 | 0.42 | 6 | 5 | -0.21 | -0.01 | 13.50 | 12.00 | 7/17/2026 | No | 15 | 51 | None | |
| KDP | Keurig Dr Pepper Inc | Options Chain | 0.25 | 0.50 | 0.15 | 1.00 | 0.15 | 0.25 | 1 | 1 | -0.23 | -0.01 | 29.12 | 27.00 | 7/17/2026 | No | 13 | 57 | None |