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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GE | General Electric Company | Options Chain | 7.20 | 8.70 | 1.80 | 5.00 | 0.36 | 0.39 | 32 | 31 | -0.30 | -0.17 | 286.73 | 260.00 | 5/29/2026 | Yes | 10 | 60 | None | |
| HPQ | HP Inc | Options Chain | 0.57 | 0.83 | 0.17 | 0.50 | 0.34 | 0.56 | 1 | 8 | -0.28 | -0.02 | 21.26 | 19.50 | 5/29/2026 | Yes | 10 | 41 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 7.80 | 9.40 | 1.70 | 5.00 | 0.34 | 0.66 | 1 | 2 | -0.27 | -0.22 | 213.74 | 195.00 | 5/29/2026 | Yes | 15 | 60 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.69 | 2.06 | 0.33 | 1.00 | 0.33 | 0.30 | 0 | 11 | -0.29 | -0.03 | 81.55 | 78.00 | 5/29/2026 | No | 10 | 65 | None | |
| NVO | Novo Nordisk | Options Chain | 1.17 | 1.46 | 0.32 | 1.00 | 0.32 | 0.48 | 1 | 11 | -0.30 | -0.03 | 39.42 | 37.00 | 5/29/2026 | Yes | 12 | 52 | None | |
| ORCL | Oracle Corp | Options Chain | 5.45 | 6.00 | 0.78 | 2.50 | 0.31 | 0.54 | 24 | 1 | -0.28 | -0.15 | 181.17 | 170.00 | 5/29/2026 | No | 7 | 61 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.03 | 1.20 | 0.28 | 1.00 | 0.28 | 0.33 | 0 | 16 | -0.26 | -0.04 | 59.39 | 56.00 | 5/29/2026 | Yes | 15 | 60 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.12 | 1.63 | 0.28 | 1.00 | 0.28 | 0.41 | 105 | 1 | -0.27 | -0.04 | 56.33 | 53.00 | 5/29/2026 | Yes | 7 | 51 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.65 | 9.65 | 1.40 | 5.00 | 0.28 | 0.42 | 6 | 9 | -0.29 | -0.26 | 368.08 | 350.00 | 5/29/2026 | No | 20 | 62 |
Dividend Stock List |
|
| VZ | Verizon Communications Inc | Options Chain | 0.73 | 1.04 | 0.27 | 1.00 | 0.27 | 0.28 | 13 | 2 | -0.29 | -0.02 | 46.27 | 44.00 | 5/29/2026 | Yes | 10 | 73 | None | |
| F | Ford Motor Company | Options Chain | 0.30 | 0.35 | 0.13 | 0.50 | 0.26 | 0.38 | 25 | 3 | -0.30 | -0.01 | 12.78 | 12.00 | 5/29/2026 | Yes | 7 | 48 | None | |
| COF | Capital One Financial Corp | Options Chain | 3.60 | 5.70 | 1.25 | 5.00 | 0.25 | 0.36 | 0 | 10 | -0.27 | -0.12 | 202.50 | 190.00 | 5/29/2026 | Yes | 11 | 67 | None | |
| WMT | Walmart Inc | Options Chain | 2.15 | 3.30 | 0.25 | 1.00 | 0.25 | 0.31 | 1 | 4 | -0.30 | -0.07 | 129.55 | 124.00 | 5/29/2026 | Yes | 9 | 58 | None | |
| PCG | PG&E Corp | Options Chain | 0.39 | 0.47 | 0.12 | 0.50 | 0.24 | 0.39 | 4 | 0 | -0.30 | -0.01 | 17.26 | 16.50 | 5/29/2026 | Yes | 10 | 59 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 4.65 | 6.00 | 1.10 | 5.00 | 0.22 | 0.32 | 1 | 5 | -0.27 | -0.19 | 346.01 | 335.00 | 5/29/2026 | Yes | 8 | 58 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.69 | 0.84 | 0.21 | 1.00 | 0.21 | 0.26 | 3 | 2 | -0.26 | -0.02 | 53.70 | 51.00 | 5/29/2026 | No | 13 | 74 | None | |
| T | AT&T Inc | Options Chain | 0.34 | 0.48 | 0.20 | 1.00 | 0.20 | 0.26 | 19 | 46 | -0.27 | -0.01 | 25.88 | 24.00 | 5/29/2026 | Yes | 13 | 66 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.38 | 0.63 | 0.19 | 1.00 | 0.19 | 0.21 | 2 | 0 | -0.20 | 0.00 | 37.21 | 36.00 | 5/29/2026 | Yes | 10 | 67 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.13 | 2.60 | 0.94 | 5.00 | 0.19 | 0.33 | 6 | 21 | -0.25 | -0.06 | 148.36 | 140.00 | 5/29/2026 | Yes | 11 | 73 | None |