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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CAT | Caterpillar Inc | Options Chain | 28.85 | 31.80 | 3.78 | 10.00 | 0.38 | 0.44 | 35 | 16 | -0.30 | -0.48 | 808.87 | 780.00 | 6/18/2026 | Yes | 7 | 62 | None | |
| EQNR | Equinor ASA | Options Chain | 1.00 | 1.55 | 0.35 | 1.00 | 0.35 | 0.47 | 0 | 1 | -0.27 | -0.02 | 38.61 | 35.00 | 6/18/2026 | Yes | 10 | 57 | None | |
| V | Visa Inc - Class A | Options Chain | 6.35 | 7.75 | 1.67 | 5.00 | 0.33 | 0.28 | 81 | 75 | -0.30 | -0.11 | 308.88 | 295.00 | 6/18/2026 | Yes | 11 | 71 | None | |
| ORCL | Oracle Corp | Options Chain | 8.65 | 9.00 | 1.63 | 5.00 | 0.33 | 0.62 | 432 | 272 | -0.29 | -0.14 | 184.10 | 160.00 | 6/18/2026 | Yes | 9 | 66 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 9.80 | 10.35 | 1.60 | 5.00 | 0.32 | 0.63 | 35 | 9 | -0.27 | -0.17 | 214.30 | 190.00 | 6/18/2026 | Yes | 14 | 60 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 8.30 | 9.20 | 3.15 | 10.00 | 0.32 | 0.48 | 28 | 4 | -0.28 | -0.13 | 241.16 | 220.00 | 6/18/2026 | Yes | 11 | 72 | None | |
| KDP | Keurig Dr Pepper Inc | Options Chain | 0.40 | 0.65 | 0.30 | 1.00 | 0.30 | 0.28 | 12 | 1 | -0.25 | -0.01 | 28.53 | 27.00 | 6/18/2026 | Yes | 9 | 53 | None | |
| MSFT | Microsoft Corporation | Options Chain | 11.30 | 11.90 | 1.47 | 5.00 | 0.29 | 0.36 | 415 | 203 | -0.29 | -0.20 | 432.92 | 390.00 | 6/18/2026 | Yes | 11 | 65 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.89 | 0.97 | 0.29 | 1.00 | 0.29 | 0.27 | 55 | 63 | -0.28 | -0.02 | 47.22 | 45.00 | 6/18/2026 | Yes | 9 | 73 | None | |
| STLD | Steel Dynamics Inc | Options Chain | 6.60 | 8.30 | 2.85 | 10.00 | 0.29 | 0.41 | 1 | 0 | -0.29 | -0.11 | 225.05 | 210.00 | 6/18/2026 | Yes | 9 | 58 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.03 | 1.14 | 0.28 | 1.00 | 0.28 | 0.55 | 410 | 51 | -0.27 | -0.02 | 28.42 | 25.00 | 6/18/2026 | Yes | 8 | 52 | None | |
| HAL | Halliburton Company | Options Chain | 1.11 | 1.22 | 0.28 | 1.00 | 0.28 | 0.38 | 32 | 3 | -0.29 | -0.02 | 39.13 | 37.00 | 6/18/2026 | No | 11 | 62 | None | |
| AMKR | AMKOR Technology Inc | Options Chain | 4.00 | 4.70 | 1.40 | 5.00 | 0.28 | 0.92 | 13 | 127 | -0.23 | -0.07 | 71.28 | 60.00 | 6/18/2026 | Yes | 15 | 52 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.55 | 6.40 | 1.40 | 5.00 | 0.28 | 0.36 | 1023 | 516 | -0.27 | -0.09 | 231.08 | 215.00 | 6/18/2026 | Yes | 14 | 74 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 5.90 | 6.40 | 1.35 | 5.00 | 0.27 | 0.56 | 101 | 4 | -0.27 | -0.10 | 149.00 | 135.00 | 6/18/2026 | Yes | 9 | 58 | None | |
| APA | APA Corporation | Options Chain | 1.44 | 1.57 | 0.67 | 2.50 | 0.27 | 0.54 | 162 | 1 | -0.28 | -0.03 | 38.00 | 35.00 | 6/18/2026 | Yes | 9 | 53 | None | |
| HAS | Hasbro Inc | Options Chain | 2.70 | 3.10 | 0.67 | 2.50 | 0.27 | 0.39 | 33 | 0 | -0.30 | -0.05 | 96.58 | 90.00 | 6/18/2026 | Yes | 5 | 60 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 2.25 | 2.40 | 0.65 | 2.50 | 0.26 | 0.53 | 9 | 38 | -0.25 | -0.04 | 71.56 | 62.50 | 6/18/2026 | Yes | 7 | 58 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.50 | 2.00 | 0.65 | 2.50 | 0.26 | 0.46 | 7 | 3 | -0.27 | -0.03 | 58.81 | 50.00 | 6/18/2026 | Yes | 15 | 69 | None | |
| RTX | RTX Corp | Options Chain | 3.80 | 4.10 | 1.29 | 5.00 | 0.26 | 0.29 | 339 | 258 | -0.29 | -0.07 | 180.91 | 170.00 | 6/18/2026 | No | 10 | 59 | None | |
| DOW | Dow Inc | Options Chain | 1.38 | 1.50 | 0.64 | 2.50 | 0.26 | 0.49 | 128 | 30 | -0.29 | -0.02 | 38.78 | 35.00 | 6/18/2026 | Yes | 6 | 49 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.27 | 2.41 | 0.63 | 2.50 | 0.25 | 0.47 | 21 | 78 | -0.28 | -0.04 | 68.41 | 62.50 | 6/18/2026 | No | 17 | 66 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.85 | 12.30 | 2.50 | 10.00 | 0.25 | 0.45 | 424 | 429 | -0.27 | -0.20 | 382.66 | 350.00 | 6/18/2026 | No | 20 | 62 |
Dividend Stock List |
|
| TEL | TE Connectivity plc | Options Chain | 5.50 | 7.30 | 1.25 | 5.00 | 0.25 | 0.43 | 3 | 5 | -0.27 | -0.11 | 217.73 | 200.00 | 6/18/2026 | Yes | 9 | 62 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.10 | 3.25 | 1.24 | 5.00 | 0.25 | 0.32 | 390 | 118 | -0.26 | -0.05 | 150.53 | 140.00 | 6/18/2026 | Yes | 11 | 73 | None | |
| WMT | Walmart Inc | Options Chain | 2.95 | 3.10 | 1.24 | 5.00 | 0.25 | 0.30 | 343 | 238 | -0.29 | -0.05 | 132.03 | 125.00 | 6/18/2026 | Yes | 8 | 58 | None | |
| NEM | Newmont Corp | Options Chain | 3.60 | 4.25 | 0.62 | 2.50 | 0.25 | 0.51 | 101 | 84 | -0.26 | -0.07 | 111.85 | 100.00 | 6/18/2026 | Yes | 12 | 65 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.20 | 5.90 | 1.22 | 5.00 | 0.24 | 0.26 | 209 | 71 | -0.27 | -0.12 | 311.69 | 295.00 | 6/18/2026 | No | 11 | 79 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.12 | 2.24 | 0.60 | 2.50 | 0.24 | 0.36 | 1102 | 134 | -0.26 | -0.04 | 89.80 | 82.50 | 6/18/2026 | Yes | 7 | 60 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.95 | 2.05 | 1.17 | 5.00 | 0.23 | 0.39 | 80 | 29 | -0.30 | -0.03 | 62.53 | 60.00 | 6/18/2026 | Yes | 9 | 58 | None | |
| SLB | SLB | Options Chain | 1.36 | 1.46 | 0.58 | 2.50 | 0.23 | 0.40 | 379 | 34 | -0.25 | -0.02 | 54.74 | 50.00 | 6/18/2026 | Yes | 9 | 67 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.50 | 0.65 | 0.23 | 1.00 | 0.23 | 0.42 | 3 | 0 | -0.26 | -0.01 | 20.42 | 19.00 | 6/18/2026 | Yes | 8 | 59 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.59 | 0.85 | 0.23 | 1.00 | 0.23 | 0.30 | 45 | 76 | -0.29 | -0.01 | 31.64 | 30.00 | 6/18/2026 | Yes | 10 | 60 | None | |
| AXP | American Express Company | Options Chain | 7.05 | 7.40 | 2.30 | 10.00 | 0.23 | 0.31 | 107 | 101 | -0.28 | -0.14 | 332.90 | 300.00 | 6/18/2026 | Yes | 11 | 69 | None | |
| LH | Laboratory Corp Of America Holdings | Options Chain | 5.40 | 7.90 | 2.30 | 10.00 | 0.23 | 0.32 | 1 | 0 | -0.30 | -0.11 | 272.62 | 250.00 | 6/18/2026 | Yes | 12 | 64 | None | |
| COST | Costco Wholesale Corp | Options Chain | 18.15 | 19.35 | 1.15 | 5.00 | 0.23 | 0.24 | 36 | 16 | -0.29 | -0.34 | 1,003.70 | 970.00 | 6/18/2026 | Yes | 15 | 60 | None | |
| BCS | Barclays plc | Options Chain | 0.60 | 0.80 | 0.22 | 1.00 | 0.22 | 0.42 | 0 | 74 | -0.28 | -0.01 | 23.52 | 21.00 | 6/18/2026 | Yes | 15 | 59 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.65 | 7.25 | 2.12 | 10.00 | 0.21 | 0.31 | 471 | 229 | -0.26 | -0.14 | 354.56 | 330.00 | 6/18/2026 | No | 10 | 64 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.80 | 1.90 | 1.06 | 5.00 | 0.21 | 0.49 | 1461 | 1434 | -0.24 | -0.04 | 61.48 | 55.00 | 6/18/2026 | Yes | 11 | 57 | None | |
| C | Citigroup Inc | Options Chain | 3.15 | 3.35 | 1.06 | 5.00 | 0.21 | 0.34 | 134 | 65 | -0.28 | -0.05 | 129.73 | 120.00 | 6/18/2026 | No | 12 | 69 | None | |
| LVS | Las Vegas Sands Corp | Options Chain | 1.06 | 1.41 | 0.53 | 2.50 | 0.21 | 0.39 | 28 | 83 | -0.25 | -0.02 | 51.95 | 47.50 | 6/18/2026 | Yes | 11 | 64 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.39 | 1.45 | 0.53 | 2.50 | 0.21 | 0.41 | 55 | 594 | -0.25 | -0.03 | 57.05 | 52.50 | 6/18/2026 | Yes | 8 | 53 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.66 | 1.79 | 0.53 | 2.50 | 0.21 | 0.31 | 136 | 187 | -0.25 | -0.03 | 91.76 | 82.50 | 6/18/2026 | No | 15 | 69 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.58 | 1.72 | 0.53 | 2.50 | 0.21 | 0.32 | 58 | 44 | -0.26 | -0.03 | 80.51 | 75.00 | 6/18/2026 | No | 13 | 74 | None | |
| GE | General Electric Company | Options Chain | 6.35 | 6.75 | 2.05 | 10.00 | 0.20 | 0.37 | 269 | 369 | -0.25 | -0.14 | 282.34 | 260.00 | 6/18/2026 | No | 8 | 60 | None | |
| QCOM | Qualcomm Inc | Options Chain | 2.97 | 3.25 | 1.01 | 5.00 | 0.20 | 0.41 | 6723 | 73 | -0.24 | -0.06 | 133.95 | 120.00 | 6/18/2026 | Yes | 11 | 72 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.51 | 1.61 | 0.50 | 2.50 | 0.20 | 0.28 | 336 | 338 | -0.25 | -0.03 | 90.80 | 90.00 | 6/18/2026 | Yes | 6 | 70 | None | |
| GPN | Global Payments Inc | Options Chain | 1.75 | 2.15 | 0.97 | 5.00 | 0.19 | 0.50 | 2 | 11 | -0.24 | -0.04 | 71.62 | 60.00 | 6/18/2026 | Yes | 11 | 66 | None | |
| KO | Coca-Cola Company | Options Chain | 1.04 | 1.12 | 0.48 | 2.50 | 0.19 | 0.23 | 223 | 586 | -0.26 | -0.02 | 76.28 | 72.50 | 6/18/2026 | Yes | 8 | 62 | None | |
| CLX | Clorox Company | Options Chain | 1.80 | 2.15 | 0.95 | 5.00 | 0.19 | 0.35 | 24 | 5 | -0.24 | -0.04 | 97.66 | 90.00 | 6/18/2026 | Yes | 13 | 54 | None | |
| UNP | Union Pacific Corp | Options Chain | 3.30 | 4.30 | 0.95 | 5.00 | 0.19 | 0.24 | 192 | 350 | -0.25 | -0.08 | 249.50 | 255.00 | 6/18/2026 | Yes | 9 | 66 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.49 | 0.71 | 0.19 | 1.00 | 0.19 | 0.25 | 63 | 10 | -0.28 | -0.01 | 31.73 | 30.00 | 6/18/2026 | Yes | 10 | 60 | None | |
| KEY | Keycorp | Options Chain | 0.25 | 0.40 | 0.18 | 1.00 | 0.18 | 0.31 | 7 | 7 | -0.20 | -0.01 | 22.01 | 20.00 | 6/18/2026 | No | 10 | 59 | None | |
| MRK | Merck & Co Inc | Options Chain | 2.17 | 2.32 | 0.86 | 5.00 | 0.17 | 0.34 | 180 | 176 | -0.24 | -0.04 | 114.62 | 105.00 | 6/18/2026 | Yes | 12 | 75 | None | |
| NVO | Novo Nordisk | Options Chain | 1.18 | 1.24 | 0.86 | 5.00 | 0.17 | 0.47 | 339 | 58 | -0.26 | -0.02 | 38.52 | 35.00 | 6/18/2026 | Yes | 12 | 52 | None | |
| RRC | Range Resources Corp | Options Chain | 1.10 | 1.30 | 0.17 | 1.00 | 0.17 | 0.37 | 5 | 5 | -0.29 | -0.02 | 42.64 | 40.00 | 6/18/2026 | Yes | 16 | 63 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.91 | 1.01 | 0.42 | 2.50 | 0.17 | 0.43 | 16 | 6 | -0.20 | -0.02 | 47.15 | 42.50 | 6/18/2026 | Yes | 9 | 63 | None | |
| OKE | Oneok Inc | Options Chain | 1.50 | 1.65 | 0.80 | 5.00 | 0.16 | 0.31 | 125 | 11 | -0.23 | -0.02 | 87.21 | 80.00 | 6/18/2026 | Yes | 9 | 66 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.65 | 1.90 | 0.78 | 5.00 | 0.16 | 0.25 | 456 | 119 | -0.21 | -0.03 | 145.71 | 135.00 | 6/18/2026 | Yes | 11 | 72 | None |