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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.85 | 3.55 | 0.64 | 1.00 | 0.64 | 0.85 | 13 | 7 | -0.30 | -0.05 | 45.59 | 40.00 | 9/18/2026 | Yes | 8 | 51 | None | |
| BKNG | Booking Holdings Inc | Options Chain | 5.70 | 6.50 | 1.60 | 3.00 | 0.53 | 0.42 | 26 | 21 | -0.29 | -0.13 | 201.30 | 188.00 | 9/18/2026 | Yes | 10 | 56 | None | |
| AMKR | AMKOR Technology Inc | Options Chain | 2.90 | 4.00 | 0.42 | 1.00 | 0.42 | 0.94 | 2 | 3 | -0.30 | -0.06 | 46.06 | 38.00 | 9/18/2026 | No | 14 | 51 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 29.55 | 31.25 | 3.97 | 10.00 | 0.40 | 0.93 | 328 | 6 | -0.30 | -0.46 | 392.10 | 330.00 | 9/18/2026 | Yes | 14 | 57 | None | |
| GLW | Corning Inc | Options Chain | 8.05 | 8.45 | 1.80 | 5.00 | 0.36 | 0.83 | 92 | 32 | -0.29 | -0.13 | 126.01 | 110.00 | 9/18/2026 | No | 11 | 54 | None | |
| HD | Home Depot Inc | Options Chain | 7.95 | 9.45 | 1.70 | 5.00 | 0.34 | 0.33 | 8 | 18 | -0.30 | -0.14 | 344.47 | 320.00 | 9/18/2026 | Yes | 6 | 62 | None | |
| NEM | Newmont Corp | Options Chain | 2.71 | 2.98 | 0.79 | 2.50 | 0.32 | 0.44 | 128 | 92 | -0.28 | -0.06 | 91.34 | 85.00 | 9/18/2026 | No | 14 | 64 | None | |
| ORCL | Oracle Corp | Options Chain | 6.55 | 7.15 | 1.57 | 5.00 | 0.31 | 0.76 | 219 | 645 | -0.28 | -0.12 | 117.74 | 105.00 | 9/18/2026 | Yes | 10 | 71 | None | |
| CRM | Salesforce Inc | Options Chain | 7.15 | 8.15 | 1.55 | 5.00 | 0.31 | 0.50 | 61 | 99 | -0.30 | -0.13 | 181.50 | 175.00 | 9/18/2026 | Yes | 15 | 71 | None | |
| HPQ | HP Inc | Options Chain | 1.18 | 1.38 | 0.31 | 1.00 | 0.31 | 0.56 | 12007 | 53 | -0.30 | -0.02 | 28.29 | 26.00 | 9/18/2026 | Yes | 12 | 47 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.35 | 10.85 | 1.52 | 5.00 | 0.30 | 0.43 | 23 | 20 | -0.28 | -0.27 | 390.54 | 365.00 | 9/4/2026 | Yes | 15 | 72 | None | |
| COST | Costco Wholesale Corp | Options Chain | 15.75 | 17.05 | 1.52 | 5.00 | 0.30 | 0.23 | 11 | 17 | -0.30 | -0.35 | 966.58 | 940.00 | 9/18/2026 | No | 15 | 61 | None | |
| VST | Vistra Corp | Options Chain | 5.00 | 6.00 | 1.47 | 5.00 | 0.29 | 0.55 | 44 | 59 | -0.28 | -0.12 | 148.84 | 130.00 | 9/18/2026 | Yes | 8 | 62 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 4.00 | 4.55 | 1.47 | 5.00 | 0.29 | 0.48 | 134 | 143 | -0.30 | -0.08 | 115.58 | 105.00 | 9/18/2026 | Yes | 9 | 62 | None | |
| NTAP | Netapp Inc | Options Chain | 6.00 | 9.10 | 1.45 | 5.00 | 0.29 | 0.63 | 3 | 3 | -0.27 | -0.14 | 174.58 | 155.00 | 9/18/2026 | Yes | 11 | 64 | None | |
| V | Visa Inc - Class A | Options Chain | 6.20 | 6.95 | 1.43 | 5.00 | 0.29 | 0.24 | 23 | 65 | -0.30 | -0.13 | 368.73 | 355.00 | 9/18/2026 | Yes | 11 | 69 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 4.90 | 5.70 | 1.40 | 5.00 | 0.28 | 0.55 | 40 | 25 | -0.25 | -0.11 | 143.55 | 135.00 | 9/18/2026 | Yes | 8 | 58 | None | |
| RMD | Resmed Inc | Options Chain | 5.20 | 7.30 | 1.40 | 5.00 | 0.28 | 0.39 | 0 | 10 | -0.30 | -0.11 | 208.96 | 200.00 | 9/18/2026 | Yes | 17 | 59 |
Dividend Stock List |
|
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.75 | 12.75 | 2.77 | 10.00 | 0.28 | 0.50 | 1191 | 1304 | -0.26 | -0.24 | 394.72 | 340.00 | 9/18/2026 | No | 23 | 65 |
Dividend Stock List |
|
| UNH | Unitedhealth Group Inc | Options Chain | 9.05 | 10.05 | 2.72 | 10.00 | 0.27 | 0.30 | 93 | 70 | -0.30 | -0.18 | 420.57 | 400.00 | 9/18/2026 | No | 12 | 63 | None | |
| TGT | Target Corp | Options Chain | 3.45 | 4.15 | 1.36 | 5.00 | 0.27 | 0.38 | 9 | 32 | -0.27 | -0.06 | 144.50 | 135.00 | 9/18/2026 | Yes | 9 | 62 | None | |
| KKR | KKR & Co. Inc | Options Chain | 1.95 | 3.30 | 0.68 | 2.50 | 0.27 | 0.38 | 5 | 2 | -0.28 | -0.05 | 102.66 | 92.50 | 9/18/2026 | Yes | 10 | 65 | None | |
| COKE | Coca-Cola Consolidated Inc | Options Chain | 4.90 | 8.60 | 1.35 | 5.00 | 0.27 | 0.45 | 1 | 0 | -0.30 | -0.14 | 195.00 | 180.00 | 9/18/2026 | Yes | 9 | 44 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.80 | 0.90 | 0.27 | 1.00 | 0.27 | 0.42 | 74 | 20 | -0.27 | -0.02 | 27.66 | 27.00 | 9/18/2026 | Yes | 13 | 65 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.26 | 1.62 | 0.67 | 2.50 | 0.27 | 0.31 | 101 | 53 | -0.29 | -0.03 | 63.10 | 60.00 | 9/18/2026 | Yes | 11 | 60 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.69 | 1.88 | 0.67 | 2.50 | 0.27 | 0.28 | 267 | 241 | -0.30 | -0.03 | 86.92 | 80.00 | 9/18/2026 | No | 14 | 74 | None | |
| APD | Air Products & Chemicals Inc | Options Chain | 3.70 | 8.50 | 2.65 | 10.00 | 0.27 | 0.29 | 2 | 4 | -0.28 | -0.12 | 292.85 | 280.00 | 9/18/2026 | Yes | 7 | 68 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 8.90 | 11.40 | 2.60 | 10.00 | 0.26 | 0.59 | 52 | 32 | -0.27 | -0.20 | 240.98 | 220.00 | 9/18/2026 | Yes | 10 | 66 | None | |
| LOW | Lowe`s Cos. Inc | Options Chain | 4.10 | 4.80 | 1.30 | 5.00 | 0.26 | 0.35 | 38 | 33 | -0.24 | -0.10 | 215.68 | 200.00 | 9/18/2026 | Yes | 10 | 65 | None | |
| MO | Altria Group Inc | Options Chain | 1.25 | 1.36 | 0.65 | 2.50 | 0.26 | 0.30 | 86 | 50 | -0.25 | -0.03 | 74.92 | 70.00 | 9/18/2026 | Yes | 13 | 67 | None | |
| NVO | Novo Nordisk | Options Chain | 1.44 | 1.52 | 0.65 | 2.50 | 0.26 | 0.42 | 932 | 424 | -0.28 | -0.03 | 51.58 | 47.50 | 9/18/2026 | Yes | 13 | 52 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.18 | 2.51 | 1.24 | 5.00 | 0.25 | 0.54 | 427 | 124 | -0.29 | -0.04 | 61.64 | 55.00 | 9/18/2026 | No | 11 | 64 | None | |
| QCOM | Qualcomm Inc | Options Chain | 6.80 | 7.75 | 1.23 | 5.00 | 0.25 | 0.63 | 211 | 56 | -0.28 | -0.12 | 155.68 | 140.00 | 9/18/2026 | Yes | 11 | 64 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.75 | 7.30 | 1.23 | 5.00 | 0.25 | 0.43 | 124 | 19 | -0.29 | -0.12 | 227.55 | 210.00 | 9/18/2026 | No | 9 | 66 | None | |
| C | Citigroup Inc | Options Chain | 2.95 | 3.25 | 1.20 | 5.00 | 0.24 | 0.33 | 326 | 359 | -0.30 | -0.05 | 132.47 | 120.00 | 9/18/2026 | No | 17 | 78 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.85 | 2.20 | 0.60 | 2.50 | 0.24 | 0.48 | 0 | 2 | -0.28 | -0.03 | 58.53 | 55.00 | 9/18/2026 | Yes | 7 | 55 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.75 | 0.85 | 0.24 | 1.00 | 0.24 | 0.25 | 242 | 616 | -0.28 | -0.02 | 47.22 | 45.00 | 9/18/2026 | No | 9 | 64 | None | |
| GS | Goldman Sachs Group Inc | Options Chain | 26.10 | 30.95 | 1.18 | 5.00 | 0.24 | 0.38 | 24 | 22 | -0.30 | -0.49 | 1,033.34 | 920.00 | 9/18/2026 | No | 9 | 68 | None | |
| SIRI | Sirius XM Holdings Inc | Options Chain | 0.35 | 0.90 | 0.23 | 1.00 | 0.23 | 0.32 | 302 | 13 | -0.24 | -0.01 | 32.59 | 30.00 | 9/18/2026 | Yes | 11 | 60 | None | |
| KEY | Keycorp | Options Chain | 0.35 | 0.50 | 0.23 | 1.00 | 0.23 | 0.29 | 1 | 4 | -0.28 | -0.01 | 22.63 | 21.00 | 9/18/2026 | No | 10 | 59 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.01 | 1.12 | 0.57 | 2.50 | 0.23 | 0.37 | 173 | 316 | -0.28 | -0.02 | 43.22 | 40.00 | 9/18/2026 | No | 10 | 51 | None | |
| JCI | Johnson Controls International plc | Options Chain | 2.65 | 3.70 | 1.13 | 5.00 | 0.23 | 0.35 | 0 | 3 | -0.27 | -0.07 | 140.28 | 130.00 | 9/18/2026 | Yes | 8 | 58 | None | |
| AVGO | Broadcom Inc | Options Chain | 12.35 | 14.60 | 1.13 | 5.00 | 0.23 | 0.59 | 10 | 4 | -0.28 | -0.36 | 384.25 | 340.00 | 9/4/2026 | Yes | 10 | 62 | None | |
| BCS | Barclays plc | Options Chain | 0.50 | 0.70 | 0.22 | 1.00 | 0.22 | 0.36 | 20 | 0 | -0.26 | -0.01 | 26.98 | 24.00 | 9/18/2026 | No | 15 | 53 | None | |
| CNP | Centerpoint Energy Inc | Options Chain | 0.20 | 1.30 | 0.22 | 1.00 | 0.22 | 0.22 | 1 | 0 | -0.29 | -0.02 | 44.10 | 42.00 | 9/18/2026 | No | 8 | 63 | None | |
| PG | Procter & Gamble Company | Options Chain | 2.08 | 2.46 | 1.09 | 5.00 | 0.22 | 0.22 | 146 | 508 | -0.28 | -0.05 | 146.10 | 140.00 | 9/18/2026 | Yes | 9 | 65 | None | |
| GM | General Motors Company | Options Chain | 1.76 | 2.00 | 0.54 | 2.50 | 0.22 | 0.36 | 301 | 309 | -0.25 | -0.04 | 90.30 | 82.50 | 9/18/2026 | No | 9 | 63 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.10 | 5.95 | 1.05 | 5.00 | 0.21 | 0.25 | 277 | 407 | -0.27 | -0.13 | 357.31 | 330.00 | 9/18/2026 | No | 9 | 71 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.93 | 1.09 | 0.51 | 2.50 | 0.20 | 0.25 | 8 | 2 | -0.27 | -0.02 | 64.06 | 60.00 | 9/18/2026 | No | 15 | 74 | None | |
| KO | Coca-Cola Company | Options Chain | 1.11 | 1.22 | 0.50 | 2.50 | 0.20 | 0.21 | 139 | 56 | -0.27 | -0.03 | 88.27 | 85.00 | 9/18/2026 | No | 10 | 69 | None | |
| F | Ford Motor Company | Options Chain | 0.33 | 0.37 | 0.20 | 1.00 | 0.20 | 0.38 | 947 | 756 | -0.26 | -0.01 | 14.96 | 14.00 | 9/18/2026 | No | 9 | 47 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.45 | 0.65 | 0.20 | 1.00 | 0.20 | 0.42 | 0 | 1 | -0.26 | -0.01 | 20.75 | 19.00 | 9/18/2026 | Yes | 7 | 53 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.48 | 2.79 | 0.95 | 5.00 | 0.19 | 0.31 | 396 | 280 | -0.24 | -0.05 | 156.75 | 145.00 | 9/18/2026 | Yes | 9 | 64 | None | |
| DOW | Dow Inc | Options Chain | 0.74 | 0.85 | 0.47 | 2.50 | 0.19 | 0.43 | 307 | 11 | -0.25 | -0.01 | 28.85 | 27.50 | 9/18/2026 | No | 8 | 55 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.70 | 4.10 | 1.82 | 10.00 | 0.18 | 0.25 | 79 | 53 | -0.26 | -0.08 | 266.73 | 250.00 | 9/18/2026 | No | 9 | 66 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.30 | 1.65 | 0.90 | 5.00 | 0.18 | 0.37 | 13 | 2 | -0.27 | -0.03 | 58.72 | 55.00 | 9/18/2026 | No | 14 | 67 | None | |
| BTI | British American Tobacco Plc | Options Chain | 1.15 | 1.50 | 0.90 | 5.00 | 0.18 | 0.29 | 2 | 5 | -0.28 | -0.03 | 63.07 | 60.00 | 9/18/2026 | No | 13 | 71 | None | |
| BMO | Bank of Montreal | Options Chain | 1.10 | 4.20 | 0.87 | 5.00 | 0.17 | 0.27 | 54 | 0 | -0.23 | -0.06 | 180.63 | 165.00 | 9/18/2026 | Yes | 15 | 70 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.86 | 0.92 | 0.43 | 2.50 | 0.17 | 0.25 | 2024 | 514 | -0.25 | -0.02 | 62.62 | 57.50 | 9/18/2026 | No | 13 | 74 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.39 | 0.48 | 0.17 | 1.00 | 0.17 | 0.23 | 20 | 0 | -0.25 | -0.01 | 31.61 | 30.00 | 9/18/2026 | No | 9 | 59 | None | |
| KR | Kroger Company | Options Chain | 0.83 | 1.12 | 0.40 | 2.50 | 0.16 | 0.32 | 180 | 32 | -0.24 | -0.02 | 59.19 | 55.00 | 9/18/2026 | Yes | 10 | 50 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.45 | 1.80 | 0.40 | 2.50 | 0.16 | 0.51 | 12 | 10 | -0.24 | -0.04 | 50.31 | 50.00 | 9/18/2026 | Yes | 16 | 64 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.35 | 0.47 | 0.23 | 1.50 | 0.15 | 0.35 | 291 | 32 | -0.21 | -0.01 | 24.19 | 22.50 | 9/18/2026 | No | 15 | 66 | None |