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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMKR | AMKOR Technology Inc | Options Chain | 2.45 | 3.20 | 0.53 | 1.00 | 0.53 | 0.69 | 0 | 4 | -0.29 | -0.05 | 50.99 | 46.00 | 3/20/2026 | Yes | 13 | 52 | None | |
| IBM | International Business Machines Corp | Options Chain | 7.90 | 9.85 | 2.18 | 5.00 | 0.44 | 0.38 | 63 | 134 | -0.29 | -0.14 | 294.52 | 275.00 | 3/20/2026 | Yes | 9 | 63 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.62 | 1.03 | 0.39 | 1.00 | 0.39 | 0.49 | 2 | 0 | -0.30 | -0.01 | 21.75 | 20.00 | 3/20/2026 | Yes | 8 | 54 | None | |
| AU | AngloGold Ashanti Plc. | Options Chain | 5.50 | 6.60 | 1.90 | 5.00 | 0.38 | 0.64 | 6 | 26 | -0.30 | -0.09 | 109.80 | 105.00 | 3/20/2026 | Yes | 18 | 66 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 26.55 | 31.70 | 3.73 | 10.00 | 0.37 | 0.38 | 22 | 27 | -0.29 | -0.54 | 1,041.90 | 960.00 | 3/20/2026 | Yes | 10 | 63 | None | |
| STX | Seagate Technology Holdings Plc | Options Chain | 27.20 | 28.60 | 3.60 | 10.00 | 0.36 | 0.75 | 67 | 60 | -0.30 | -0.43 | 407.97 | 400.00 | 3/20/2026 | Yes | 9 | 53 | None | |
| NEM | Newmont Corp | Options Chain | 5.45 | 5.70 | 1.73 | 5.00 | 0.35 | 0.57 | 42 | 279 | -0.28 | -0.10 | 127.15 | 120.00 | 3/20/2026 | Yes | 18 | 71 | None | |
| AMAT | Applied Materials Inc | Options Chain | 13.90 | 15.00 | 3.15 | 10.00 | 0.32 | 0.55 | 33 | 14 | -0.30 | -0.26 | 337.02 | 310.00 | 3/20/2026 | Yes | 11 | 61 | None | |
| ORCL | Oracle Corp | Options Chain | 7.70 | 8.00 | 1.57 | 5.00 | 0.31 | 0.64 | 189 | 240 | -0.27 | -0.15 | 176.95 | 155.00 | 3/20/2026 | Yes | 10 | 66 | None | |
| IP | International Paper Company | Options Chain | 0.70 | 1.85 | 0.78 | 2.50 | 0.31 | 0.41 | 0 | 1 | -0.27 | -0.02 | 42.20 | 37.50 | 3/20/2026 | Yes | 8 | 61 | None | |
| AVGO | Broadcom Inc | Options Chain | 12.70 | 13.35 | 1.55 | 5.00 | 0.31 | 0.57 | 91 | 32 | -0.30 | -0.31 | 334.25 | 310.00 | 3/6/2026 | Yes | 12 | 67 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.80 | 10.20 | 1.52 | 5.00 | 0.30 | 0.32 | 42 | 17 | -0.30 | -0.25 | 482.46 | 460.00 | 3/6/2026 | Yes | 11 | 65 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.75 | 1.10 | 0.30 | 1.00 | 0.30 | 0.35 | 3 | 0 | -0.26 | -0.02 | 43.20 | 39.00 | 3/20/2026 | No | 10 | 64 | None | |
| RTX | RTX Corp | Options Chain | 3.60 | 5.25 | 1.47 | 5.00 | 0.29 | 0.29 | 54 | 24 | -0.30 | -0.08 | 201.85 | 190.00 | 3/20/2026 | Yes | 10 | 60 | None | |
| NDAQ | Nasdaq Inc - 144A | Options Chain | 1.60 | 2.05 | 0.73 | 2.50 | 0.29 | 0.24 | 33 | 0 | -0.30 | -0.03 | 98.28 | 95.00 | 3/20/2026 | Yes | 9 | 66 | None | |
| HAL | Halliburton Company | Options Chain | 0.81 | 1.00 | 0.28 | 1.00 | 0.28 | 0.39 | 12 | 80 | -0.29 | -0.02 | 34.33 | 31.00 | 3/20/2026 | Yes | 7 | 56 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 3.55 | 4.45 | 1.36 | 5.00 | 0.27 | 0.54 | 33 | 52 | -0.25 | -0.08 | 115.15 | 105.00 | 3/20/2026 | Yes | 16 | 64 | None | |
| VST | Vistra Corp | Options Chain | 5.50 | 7.50 | 1.35 | 5.00 | 0.27 | 0.56 | 221 | 10 | -0.28 | -0.13 | 164.39 | 150.00 | 3/20/2026 | Yes | 7 | 56 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 4.10 | 4.80 | 1.35 | 5.00 | 0.27 | 0.36 | 0 | 10 | -0.30 | -0.07 | 159.55 | 150.00 | 3/20/2026 | Yes | 13 | 80 | None | |
| GLW | Corning Inc | Options Chain | 2.78 | 3.10 | 0.66 | 2.50 | 0.26 | 0.45 | 101 | 108 | -0.26 | -0.06 | 113.87 | 95.00 | 3/20/2026 | Yes | 9 | 57 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.45 | 5.85 | 1.30 | 5.00 | 0.26 | 0.24 | 66 | 113 | -0.30 | -0.11 | 300.00 | 290.00 | 3/20/2026 | No | 9 | 79 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.50 | 9.50 | 2.57 | 10.00 | 0.26 | 0.38 | 107 | 110 | -0.28 | -0.18 | 339.35 | 320.00 | 3/20/2026 | No | 20 | 62 |
Dividend Stock List |
|
| ZTS | Zoetis Inc - Class A | Options Chain | 1.60 | 4.10 | 1.27 | 5.00 | 0.25 | 0.34 | 19 | 28 | -0.28 | -0.07 | 125.07 | 115.00 | 3/20/2026 | Yes | 14 | 62 | None | |
| TSCO | Tractor Supply Company | Options Chain | 0.50 | 2.70 | 1.25 | 5.00 | 0.25 | 0.48 | 2 | 0 | -0.21 | -0.03 | 55.70 | 50.00 | 3/20/2026 | Yes | 11 | 60 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.70 | 1.83 | 0.61 | 2.50 | 0.24 | 0.30 | 14 | 57 | -0.30 | -0.04 | 78.75 | 75.00 | 3/20/2026 | Yes | 7 | 59 | None | |
| DOW | Dow Inc | Options Chain | 0.89 | 1.06 | 0.60 | 2.50 | 0.24 | 0.53 | 106 | 435 | -0.26 | -0.02 | 27.75 | 25.00 | 3/20/2026 | Yes | 9 | 48 | None | |
| GM | General Motors Company | Options Chain | 1.74 | 1.83 | 0.60 | 2.50 | 0.24 | 0.31 | 1088 | 1083 | -0.28 | -0.04 | 86.69 | 80.00 | 3/20/2026 | Yes | 9 | 60 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.45 | 3.85 | 1.19 | 5.00 | 0.24 | 0.40 | 26 | 57 | -0.26 | -0.07 | 151.50 | 140.00 | 3/20/2026 | Yes | 12 | 69 | None | |
| SLB | SLB | Options Chain | 0.92 | 1.00 | 0.58 | 2.50 | 0.23 | 0.35 | 124 | 95 | -0.24 | -0.02 | 50.75 | 45.00 | 3/20/2026 | No | 8 | 65 | None | |
| PEG | Public Service Enterprise Group Inc | Options Chain | 0.45 | 3.60 | 0.58 | 2.50 | 0.23 | 0.30 | 0 | 1 | -0.29 | -0.02 | 80.42 | 77.50 | 3/20/2026 | Yes | 8 | 73 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.56 | 0.67 | 0.23 | 1.00 | 0.23 | 0.22 | 267 | 177 | -0.28 | -0.01 | 39.38 | 38.00 | 3/20/2026 | Yes | 15 | 73 | None | |
| STM | ST Microelectronics | Options Chain | 0.80 | 1.25 | 0.23 | 1.00 | 0.23 | 0.54 | 161 | 17 | -0.29 | -0.03 | 30.52 | 27.00 | 3/20/2026 | Yes | 11 | 46 | None | |
| STZ | Constellation Brands Inc - Class A | Options Chain | 3.20 | 3.50 | 1.15 | 5.00 | 0.23 | 0.29 | 7 | 41 | -0.30 | -0.06 | 160.75 | 150.00 | 3/20/2026 | No | 7 | 68 | None | |
| GFI | Gold Fields Ltd | Options Chain | 2.15 | 4.00 | 1.13 | 5.00 | 0.23 | 0.67 | 9 | 4 | -0.29 | -0.05 | 56.51 | 55.00 | 3/20/2026 | Yes | 9 | 51 | None | |
| KMB | Kimberly-Clark Corp | Options Chain | 1.65 | 1.90 | 1.13 | 5.00 | 0.23 | 0.23 | 105 | 2078 | -0.30 | -0.02 | 100.70 | 95.00 | 3/20/2026 | Yes | 8 | 54 | None | |
| OKE | Oneok Inc | Options Chain | 1.80 | 2.00 | 1.12 | 5.00 | 0.22 | 0.29 | 28 | 40 | -0.30 | -0.02 | 78.00 | 75.00 | 3/20/2026 | Yes | 14 | 76 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 6.30 | 7.70 | 2.20 | 10.00 | 0.22 | 0.44 | 15 | 5 | -0.27 | -0.12 | 240.00 | 220.00 | 3/20/2026 | Yes | 10 | 72 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 2.35 | 2.85 | 1.10 | 5.00 | 0.22 | 0.76 | 847 | 40 | -0.21 | -0.06 | 64.67 | 55.00 | 3/20/2026 | Yes | 19 | 59 | None | |
| NVO | Novo Nordisk | Options Chain | 1.83 | 2.00 | 1.09 | 5.00 | 0.22 | 0.48 | 267 | 116 | -0.27 | -0.04 | 62.85 | 55.00 | 3/20/2026 | Yes | 14 | 60 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.80 | 0.85 | 0.21 | 1.00 | 0.21 | 0.26 | 322 | 2846 | -0.27 | -0.02 | 52.16 | 49.00 | 3/20/2026 | No | 12 | 74 | None | |
| WM | Waste Management Inc | Options Chain | 2.50 | 4.30 | 2.07 | 10.00 | 0.21 | 0.24 | 44 | 155 | -0.27 | -0.07 | 230.98 | 220.00 | 3/20/2026 | Yes | 10 | 64 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.17 | 2.37 | 1.00 | 5.00 | 0.20 | 0.26 | 498 | 371 | -0.27 | -0.04 | 136.80 | 130.00 | 3/20/2026 | Yes | 9 | 66 | None | |
| WMT | Walmart Inc | Options Chain | 2.10 | 2.21 | 1.00 | 5.00 | 0.20 | 0.29 | 638 | 562 | -0.29 | -0.06 | 116.74 | 110.00 | 3/20/2026 | Yes | 9 | 55 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.49 | 1.52 | 0.50 | 2.50 | 0.20 | 0.41 | 60 | 127 | -0.25 | -0.04 | 66.19 | 60.00 | 3/20/2026 | No | 15 | 66 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.23 | 1.43 | 0.50 | 2.50 | 0.20 | 0.25 | 44 | 101 | -0.27 | -0.02 | 87.17 | 82.50 | 3/20/2026 | Yes | 6 | 65 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.55 | 0.70 | 0.20 | 1.00 | 0.20 | 0.40 | 3 | 0 | -0.24 | -0.01 | 27.35 | 25.00 | 3/20/2026 | Yes | 16 | 62 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.50 | 0.70 | 0.20 | 1.00 | 0.20 | 0.23 | 0 | 1 | -0.29 | -0.01 | 37.12 | 36.00 | 3/20/2026 | Yes | 16 | 70 | None | |
| F | Ford Motor Company | Options Chain | 0.35 | 0.37 | 0.20 | 1.00 | 0.20 | 0.34 | 147 | 16 | -0.30 | 0.00 | 13.93 | 13.00 | 3/20/2026 | Yes | 12 | 49 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 4.65 | 4.85 | 1.99 | 10.00 | 0.20 | 0.33 | 1343 | 1509 | -0.22 | -0.11 | 283.60 | 270.00 | 3/20/2026 | Yes | 12 | 67 | None | |
| GIS | General Mills Inc | Options Chain | 0.75 | 0.90 | 0.48 | 2.50 | 0.19 | 0.26 | 110 | 3 | -0.29 | -0.02 | 44.72 | 42.50 | 3/20/2026 | Yes | 8 | 54 | None | |
| TGT | Target Corp | Options Chain | 2.15 | 2.27 | 0.95 | 5.00 | 0.19 | 0.44 | 96 | 217 | -0.21 | -0.04 | 104.00 | 90.00 | 3/20/2026 | Yes | 12 | 66 | None | |
| HUM | Humana Inc | Options Chain | 6.00 | 7.40 | 0.95 | 5.00 | 0.19 | 0.53 | 108 | 70 | -0.26 | -0.14 | 208.48 | 175.00 | 3/20/2026 | Yes | 12 | 53 | None | |
| MRK | Merck & Co Inc | Options Chain | 1.82 | 2.18 | 0.94 | 5.00 | 0.19 | 0.31 | 82 | 32 | -0.26 | -0.04 | 107.58 | 100.00 | 3/20/2026 | Yes | 15 | 74 | None | |
| CARR | Carrier Global Corp | Options Chain | 1.05 | 1.35 | 0.47 | 2.50 | 0.19 | 0.40 | 5 | 60 | -0.22 | -0.03 | 56.76 | 52.50 | 3/20/2026 | Yes | 12 | 62 | None | |
| LVS | Las Vegas Sands Corp | Options Chain | 1.24 | 1.46 | 0.46 | 2.50 | 0.18 | 0.40 | 72 | 10 | -0.21 | -0.02 | 60.83 | 55.00 | 3/20/2026 | Yes | 8 | 57 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.45 | 1.70 | 0.45 | 2.50 | 0.18 | 0.36 | 139 | 5 | -0.25 | -0.02 | 70.28 | 65.00 | 3/20/2026 | Yes | 10 | 64 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 0.65 | 0.80 | 0.18 | 1.00 | 0.18 | 0.37 | 5 | 0 | -0.17 | -0.02 | 56.50 | 50.00 | 3/20/2026 | No | 11 | 66 | None | |
| KEY | Keycorp | Options Chain | 0.31 | 0.50 | 0.18 | 1.00 | 0.18 | 0.29 | 118 | 3 | -0.27 | -0.01 | 21.45 | 20.00 | 3/20/2026 | No | 10 | 59 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.30 | 1.39 | 0.44 | 2.50 | 0.18 | 0.27 | 161 | 56 | -0.24 | -0.03 | 88.97 | 82.50 | 3/20/2026 | No | 12 | 75 | None | |
| KO | Coca-Cola Company | Options Chain | 0.90 | 0.94 | 0.44 | 2.50 | 0.18 | 0.20 | 2202 | 959 | -0.29 | -0.02 | 73.50 | 70.00 | 3/20/2026 | Yes | 9 | 70 | None | |
| PPL | PPL Corp | Options Chain | 0.35 | 0.65 | 0.17 | 1.00 | 0.17 | 0.22 | 0 | 5 | -0.29 | -0.01 | 36.72 | 35.00 | 3/20/2026 | Yes | 7 | 60 | None | |
| A | Agilent Technologies Inc | Options Chain | 2.25 | 2.70 | 0.83 | 5.00 | 0.17 | 0.32 | 2 | 1 | -0.26 | -0.07 | 135.95 | 125.00 | 3/20/2026 | Yes | 11 | 57 | None | |
| C | Citigroup Inc | Options Chain | 1.79 | 1.90 | 0.82 | 5.00 | 0.16 | 0.32 | 185 | 41 | -0.23 | -0.04 | 114.70 | 105.00 | 3/20/2026 | No | 14 | 77 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.20 | 0.41 | 0.16 | 1.00 | 0.16 | 0.14 | 43 | 25 | -0.16 | 0.00 | 33.25 | 32.00 | 3/20/2026 | Yes | 9 | 58 | None | |
| MO | Altria Group Inc | Options Chain | 0.71 | 0.78 | 0.38 | 2.50 | 0.15 | 0.22 | 334 | 648 | -0.23 | -0.02 | 63.50 | 60.00 | 3/20/2026 | Yes | 9 | 60 | None | |
| KDP | Keurig Dr Pepper Inc | Options Chain | 0.30 | 0.50 | 0.15 | 1.00 | 0.15 | 0.28 | 49 | 9 | -0.24 | -0.01 | 27.58 | 25.00 | 3/20/2026 | Yes | 8 | 54 | None |