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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IBM | International Business Machines Corp | Options Chain | 12.05 | 13.20 | 1.90 | 5.00 | 0.38 | 0.53 | 333 | 475 | -0.29 | -0.26 | 329.23 | 305.00 | 7/17/2026 | No | 10 | 63 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 21.80 | 23.30 | 3.62 | 10.00 | 0.36 | 0.73 | 36 | 64 | -0.28 | -0.44 | 475.75 | 390.00 | 7/17/2026 | No | 14 | 54 | None | |
| ORCL | Oracle Corp | Options Chain | 12.50 | 13.15 | 3.45 | 10.00 | 0.35 | 0.72 | 933 | 850 | -0.28 | -0.23 | 241.80 | 220.00 | 7/17/2026 | No | 7 | 61 | None | |
| HPQ | HP Inc | Options Chain | 1.07 | 1.14 | 0.34 | 1.00 | 0.34 | 0.54 | 1272 | 2180 | -0.30 | -0.02 | 29.49 | 25.00 | 7/17/2026 | No | 10 | 50 | None | |
| AVGO | Broadcom Inc | Options Chain | 18.85 | 19.75 | 3.35 | 10.00 | 0.34 | 0.57 | 221 | 852 | -0.29 | -0.39 | 472.43 | 440.00 | 7/17/2026 | Yes | 9 | 62 | None | |
| QCOM | Qualcomm Inc | Options Chain | 12.25 | 13.15 | 3.32 | 10.00 | 0.33 | 0.81 | 362 | 204 | -0.26 | -0.25 | 240.84 | 210.00 | 7/17/2026 | No | 14 | 68 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.45 | 2.85 | 0.80 | 2.50 | 0.32 | 0.40 | 102 | 26 | -0.29 | -0.05 | 91.01 | 87.50 | 7/17/2026 | No | 9 | 58 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.90 | 2.10 | 0.32 | 1.00 | 0.32 | 0.57 | 40 | 0 | -0.27 | -0.05 | 55.61 | 50.00 | 7/17/2026 | No | 14 | 55 | None | |
| GLW | Corning Inc | Options Chain | 10.90 | 11.90 | 1.55 | 5.00 | 0.31 | 0.76 | 116 | 117 | -0.30 | -0.21 | 176.72 | 180.00 | 7/17/2026 | No | 8 | 52 | None | |
| INTU | Intuit Inc | Options Chain | 10.00 | 11.10 | 3.00 | 10.00 | 0.30 | 0.56 | 56 | 111 | -0.25 | -0.24 | 322.14 | 290.00 | 7/17/2026 | No | 13 | 58 | None | |
| AA | Alcoa Corp | Options Chain | 3.50 | 3.90 | 1.50 | 5.00 | 0.30 | 0.68 | 63 | 64 | -0.26 | -0.08 | 77.81 | 75.00 | 7/17/2026 | Yes | 10 | 53 | None | |
| CRM | Salesforce Inc | Options Chain | 5.90 | 6.15 | 1.50 | 5.00 | 0.30 | 0.47 | 240 | 394 | -0.27 | -0.13 | 208.00 | 185.00 | 7/17/2026 | No | 15 | 70 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.15 | 9.45 | 1.50 | 5.00 | 0.30 | 0.31 | 1041 | 296 | -0.29 | -0.22 | 441.31 | 420.00 | 7/17/2026 | No | 15 | 71 | None | |
| VST | Vistra Corp | Options Chain | 5.40 | 5.80 | 1.45 | 5.00 | 0.29 | 0.53 | 997 | 76 | -0.28 | -0.12 | 154.48 | 145.00 | 7/17/2026 | No | 10 | 62 | None | |
| COST | Costco Wholesale Corp | Options Chain | 14.25 | 15.45 | 1.45 | 5.00 | 0.29 | 0.23 | 39 | 40 | -0.29 | -0.37 | 945.07 | 920.00 | 7/17/2026 | No | 14 | 61 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 3.60 | 3.80 | 1.40 | 5.00 | 0.28 | 0.41 | 707 | 268 | -0.29 | -0.07 | 122.00 | 120.00 | 7/17/2026 | No | 9 | 62 | None | |
| CLX | Clorox Company | Options Chain | 2.10 | 2.55 | 1.40 | 5.00 | 0.28 | 0.36 | 27 | 7 | -0.30 | -0.05 | 89.50 | 85.00 | 7/17/2026 | No | 9 | 47 | None | |
| HAL | Halliburton Company | Options Chain | 0.90 | 1.01 | 0.27 | 1.00 | 0.27 | 0.41 | 6 | 1 | -0.26 | -0.02 | 39.50 | 37.00 | 7/17/2026 | No | 10 | 54 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 13.60 | 14.80 | 2.67 | 10.00 | 0.27 | 0.50 | 114 | 484 | -0.27 | -0.30 | 437.73 | 410.00 | 7/17/2026 | No | 20 | 62 |
Dividend Stock List |
|
| DOW | Dow Inc | Options Chain | 1.14 | 1.23 | 0.66 | 2.50 | 0.26 | 0.46 | 55 | 116 | -0.30 | -0.02 | 34.58 | 32.50 | 7/17/2026 | No | 6 | 49 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.53 | 2.67 | 1.30 | 5.00 | 0.26 | 0.56 | 936 | 916 | -0.27 | -0.06 | 66.75 | 65.00 | 7/17/2026 | No | 14 | 63 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 4.90 | 5.40 | 1.30 | 5.00 | 0.26 | 0.55 | 19 | 29 | -0.27 | -0.11 | 145.99 | 135.00 | 7/17/2026 | No | 11 | 60 | None | |
| PEP | PepsiCo Inc | Options Chain | 2.78 | 2.87 | 1.28 | 5.00 | 0.26 | 0.27 | 126 | 233 | -0.29 | -0.04 | 141.67 | 135.00 | 7/17/2026 | No | 9 | 56 | None | |
| V | Visa Inc - Class A | Options Chain | 4.70 | 5.10 | 1.27 | 5.00 | 0.25 | 0.23 | 253 | 216 | -0.29 | -0.12 | 322.88 | 305.00 | 7/17/2026 | No | 11 | 71 | None | |
| AZN | Astrazeneca plc | Options Chain | 3.60 | 4.20 | 1.27 | 5.00 | 0.25 | 0.30 | 128 | 9 | -0.30 | -0.08 | 182.08 | 170.00 | 7/17/2026 | No | 12 | 68 | None | |
| APA | APA Corporation | Options Chain | 1.14 | 1.28 | 0.63 | 2.50 | 0.25 | 0.48 | 50 | 23 | -0.28 | -0.03 | 37.90 | 35.00 | 7/17/2026 | No | 10 | 53 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.90 | 1.10 | 0.25 | 1.00 | 0.25 | 0.41 | 1 | 0 | -0.25 | -0.03 | 42.26 | 39.00 | 7/17/2026 | Yes | 16 | 77 | None | |
| BWA | BorgWarner Inc | Options Chain | 1.95 | 2.65 | 0.62 | 2.50 | 0.25 | 0.51 | 46 | 3 | -0.26 | -0.06 | 71.00 | 67.50 | 7/17/2026 | No | 11 | 59 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.78 | 1.85 | 0.61 | 2.50 | 0.24 | 0.35 | 667 | 55 | -0.28 | -0.04 | 79.44 | 75.00 | 7/17/2026 | No | 13 | 74 | None | |
| F | Ford Motor Company | Options Chain | 0.45 | 0.49 | 0.24 | 1.00 | 0.24 | 0.44 | 494 | 642 | -0.27 | -0.01 | 16.63 | 15.00 | 7/17/2026 | No | 9 | 47 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.75 | 3.05 | 0.24 | 1.00 | 0.24 | 0.75 | 301 | 126 | -0.28 | -0.06 | 60.18 | 50.00 | 7/17/2026 | No | 6 | 52 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.35 | 5.60 | 1.18 | 5.00 | 0.24 | 0.29 | 3669 | 85 | -0.28 | -0.12 | 300.96 | 285.00 | 7/17/2026 | No | 10 | 70 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.08 | 1.17 | 0.58 | 2.50 | 0.23 | 0.41 | 1972 | 46 | -0.27 | -0.02 | 46.39 | 42.50 | 7/17/2026 | No | 7 | 51 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.26 | 0.73 | 0.23 | 1.00 | 0.23 | 0.23 | 1 | 312 | -0.24 | -0.01 | 37.29 | 36.00 | 7/17/2026 | No | 9 | 58 | None | |
| EXC | Exelon Corp | Options Chain | 0.50 | 0.85 | 0.23 | 1.00 | 0.23 | 0.23 | 3 | 11 | -0.29 | -0.01 | 44.61 | 43.00 | 7/17/2026 | No | 11 | 65 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.65 | 1.00 | 0.23 | 1.00 | 0.23 | 0.41 | 0 | 10 | -0.30 | -0.02 | 27.48 | 26.00 | 7/17/2026 | No | 7 | 56 | None | |
| PG | Procter & Gamble Company | Options Chain | 2.11 | 2.22 | 1.11 | 5.00 | 0.22 | 0.24 | 243 | 666 | -0.29 | -0.06 | 140.82 | 135.00 | 7/17/2026 | No | 9 | 65 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.66 | 1.80 | 0.55 | 2.50 | 0.22 | 0.33 | 21 | 77 | -0.27 | -0.05 | 87.61 | 82.50 | 7/17/2026 | No | 16 | 69 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.63 | 0.69 | 0.22 | 1.00 | 0.22 | 0.26 | 120 | 12 | -0.24 | -0.01 | 47.67 | 45.00 | 7/17/2026 | No | 9 | 64 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.87 | 0.90 | 0.22 | 1.00 | 0.22 | 0.31 | 61 | 209 | -0.25 | -0.02 | 51.45 | 49.00 | 7/17/2026 | Yes | 10 | 65 | None | |
| RF | Regions Financial Corp | Options Chain | 0.35 | 0.75 | 0.22 | 1.00 | 0.22 | 0.35 | 26 | 1 | -0.25 | -0.01 | 27.34 | 26.00 | 7/17/2026 | No | 18 | 70 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.50 | 1.90 | 1.05 | 5.00 | 0.21 | 0.41 | 14 | 1 | -0.28 | -0.04 | 63.25 | 60.00 | 7/17/2026 | No | 15 | 63 | None | |
| MS | Morgan Stanley | Options Chain | 3.75 | 4.05 | 1.04 | 5.00 | 0.21 | 0.34 | 199 | 211 | -0.24 | -0.11 | 214.98 | 200.00 | 7/17/2026 | No | 10 | 67 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.35 | 2.61 | 1.03 | 5.00 | 0.21 | 0.31 | 66 | 93 | -0.24 | -0.07 | 149.56 | 140.00 | 7/17/2026 | No | 9 | 64 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 4.90 | 5.30 | 2.00 | 10.00 | 0.20 | 0.40 | 78 | 36 | -0.22 | -0.14 | 258.84 | 240.00 | 7/17/2026 | No | 15 | 71 | None | |
| SLB | SLB | Options Chain | 1.07 | 1.35 | 0.50 | 2.50 | 0.20 | 0.36 | 31 | 45 | -0.27 | -0.03 | 56.56 | 52.50 | 7/17/2026 | No | 9 | 66 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.65 | 0.85 | 0.20 | 1.00 | 0.20 | 0.42 | 0 | 4 | -0.28 | -0.02 | 28.44 | 27.00 | 7/17/2026 | No | 14 | 66 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 5.55 | 6.15 | 1.95 | 10.00 | 0.20 | 0.31 | 194 | 286 | -0.23 | -0.13 | 378.40 | 350.00 | 7/17/2026 | No | 11 | 64 | None | |
| LUV | Southwest Airlines Company | Options Chain | 0.93 | 1.11 | 0.48 | 2.50 | 0.19 | 0.50 | 31 | 29 | -0.22 | -0.02 | 42.63 | 37.50 | 7/17/2026 | No | 11 | 61 | None | |
| KO | Coca-Cola Company | Options Chain | 0.87 | 0.90 | 0.46 | 2.50 | 0.18 | 0.20 | 131 | 67 | -0.26 | -0.02 | 78.41 | 75.00 | 7/17/2026 | No | 12 | 70 | None | |
| DG | Dollar General Corp | Options Chain | 1.71 | 1.99 | 0.90 | 5.00 | 0.18 | 0.42 | 94 | 34 | -0.21 | -0.05 | 115.75 | 95.00 | 7/17/2026 | No | 16 | 63 | None | |
| PPL | PPL Corp | Options Chain | 0.35 | 0.60 | 0.18 | 1.00 | 0.18 | 0.24 | 3 | 0 | -0.26 | -0.01 | 34.58 | 33.00 | 7/17/2026 | No | 10 | 67 | None | |
| C | Citigroup Inc | Options Chain | 2.02 | 2.18 | 0.88 | 5.00 | 0.18 | 0.36 | 364 | 173 | -0.21 | -0.06 | 128.33 | 120.00 | 7/17/2026 | No | 12 | 69 | None | |
| NVO | Novo Nordisk | Options Chain | 1.07 | 1.14 | 0.87 | 5.00 | 0.17 | 0.41 | 7790 | 1985 | -0.28 | -0.03 | 44.03 | 40.00 | 7/17/2026 | No | 17 | 63 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.58 | 2.80 | 1.60 | 10.00 | 0.16 | 0.26 | 108 | 160 | -0.22 | -0.09 | 223.48 | 210.00 | 7/17/2026 | No | 9 | 66 | None | |
| ROL | Rollins Inc | Options Chain | 0.35 | 1.15 | 0.40 | 2.50 | 0.16 | 0.29 | 119 | 11 | -0.25 | -0.02 | 45.04 | 42.50 | 7/17/2026 | No | 9 | 55 | None | |
| BNS | Bank Of Nova Scotia | Options Chain | 0.85 | 1.40 | 0.40 | 2.50 | 0.16 | 0.21 | 5 | 1 | -0.29 | -0.02 | 78.61 | 77.50 | 7/17/2026 | No | 10 | 65 | None | |
| T | AT&T Inc | Options Chain | 0.31 | 0.36 | 0.16 | 1.00 | 0.16 | 0.27 | 728 | 137 | -0.23 | -0.01 | 24.64 | 23.00 | 7/17/2026 | No | 8 | 58 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.34 | 0.50 | 0.16 | 1.00 | 0.16 | 0.24 | 30 | 0 | -0.27 | -0.01 | 30.90 | 30.00 | 7/17/2026 | No | 10 | 60 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.17 | 1.26 | 0.75 | 5.00 | 0.15 | 0.28 | 60 | 54 | -0.23 | -0.03 | 85.68 | 80.00 | 7/17/2026 | No | 10 | 72 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.30 | 0.50 | 0.15 | 1.00 | 0.15 | 0.35 | 1 | 0 | -0.22 | -0.01 | 23.62 | 22.00 | 7/17/2026 | No | 18 | 68 | None | |
| BCS | Barclays plc | Options Chain | 0.45 | 0.50 | 0.15 | 1.00 | 0.15 | 0.40 | 128 | 0 | -0.22 | -0.01 | 24.50 | 23.00 | 7/17/2026 | No | 17 | 65 | None | |
| INFY | Infosys Ltd | Options Chain | 0.05 | 0.70 | 0.15 | 1.00 | 0.15 | 0.35 | 4038 | 1 | -0.27 | 0.00 | 13.08 | 12.00 | 7/17/2026 | No | 16 | 51 | None |