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 | 3.40 | 4.35 | 0.75 | 1.00 | 0.75 | 0.89 | 0 | 69 | -0.30 | -0.07 | 52.39 | 49.00 | 9/18/2026 | Yes | 8 | 52 | None | |
| ORCL | Oracle Corp | Options Chain | 7.60 | 7.75 | 1.73 | 5.00 | 0.35 | 0.74 | 551 | 148 | -0.28 | -0.15 | 145.74 | 130.00 | 9/18/2026 | Yes | 9 | 63 | None | |
| NTAP | Netapp Inc | Options Chain | 8.60 | 9.20 | 1.70 | 5.00 | 0.34 | 0.62 | 0 | 1 | -0.30 | -0.17 | 190.46 | 175.00 | 9/18/2026 | Yes | 13 | 64 | None | |
| VST | Vistra Corp | Options Chain | 5.20 | 5.45 | 1.55 | 5.00 | 0.31 | 0.55 | 100 | 44 | -0.29 | -0.12 | 143.23 | 130.00 | 9/18/2026 | Yes | 6 | 56 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.90 | 6.05 | 1.55 | 5.00 | 0.31 | 0.55 | 111 | 299 | -0.29 | -0.11 | 162.67 | 145.00 | 9/18/2026 | No | 11 | 64 | None | |
| HPQ | HP Inc | Options Chain | 1.02 | 1.07 | 0.31 | 1.00 | 0.31 | 0.57 | 51 | 390 | -0.26 | -0.02 | 28.82 | 26.00 | 9/18/2026 | Yes | 12 | 45 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.55 | 12.95 | 3.05 | 10.00 | 0.30 | 0.45 | 93 | 171 | -0.30 | -0.28 | 417.17 | 390.00 | 9/18/2026 | No | 23 | 65 |
Dividend Stock List |
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| BKNG | Booking Holdings Inc | Options Chain | 4.40 | 5.10 | 0.60 | 2.00 | 0.30 | 0.40 | 19 | 36 | -0.27 | -0.11 | 194.27 | 192.00 | 9/18/2026 | Yes | 14 | 63 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.60 | 0.75 | 0.30 | 1.00 | 0.30 | 0.34 | 7 | 0 | -0.28 | -0.01 | 32.00 | 30.00 | 9/18/2026 | No | 8 | 59 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 29.45 | 32.55 | 2.97 | 10.00 | 0.30 | 0.36 | 29 | 47 | -0.30 | -0.66 | 1,115.68 | 1,100.00 | 9/18/2026 | Yes | 13 | 67 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 5.60 | 6.10 | 1.40 | 5.00 | 0.28 | 0.52 | 16 | 37 | -0.28 | -0.13 | 171.33 | 160.00 | 9/18/2026 | No | 8 | 58 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.40 | 2.60 | 0.70 | 2.50 | 0.28 | 0.41 | 0 | 41 | -0.29 | -0.04 | 87.46 | 82.50 | 9/18/2026 | Yes | 9 | 57 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.60 | 5.95 | 1.38 | 5.00 | 0.28 | 0.40 | 119 | 294 | -0.27 | -0.12 | 235.15 | 220.00 | 9/18/2026 | No | 9 | 66 | None | |
| CRM | Salesforce Inc | Options Chain | 5.75 | 5.95 | 1.37 | 5.00 | 0.27 | 0.51 | 69 | 49 | -0.26 | -0.13 | 190.99 | 175.00 | 9/18/2026 | Yes | 15 | 70 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.25 | 2.40 | 0.68 | 2.50 | 0.27 | 0.32 | 476 | 4 | -0.26 | -0.02 | 99.01 | 95.00 | 9/18/2026 | No | 8 | 62 | None | |
| ITT | ITT Inc | Options Chain | 5.30 | 6.20 | 1.35 | 5.00 | 0.27 | 0.44 | 4056 | 4000 | -0.28 | -0.11 | 204.65 | 190.00 | 9/18/2026 | Yes | 10 | 62 | None | |
| EQNR | Equinor ASA | Options Chain | 0.90 | 1.00 | 0.27 | 1.00 | 0.27 | 0.39 | 34 | 0 | -0.29 | -0.02 | 39.17 | 36.00 | 9/18/2026 | No | 10 | 50 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.85 | 0.95 | 0.27 | 1.00 | 0.27 | 0.28 | 1 | 26 | -0.30 | -0.02 | 44.99 | 43.00 | 9/18/2026 | No | 15 | 72 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.18 | 2.22 | 0.67 | 2.50 | 0.27 | 0.39 | 113 | 65 | -0.26 | -0.05 | 92.77 | 87.50 | 9/18/2026 | No | 13 | 67 | None | |
| SHW | Sherwin-Williams Company | Options Chain | 6.60 | 7.00 | 2.60 | 10.00 | 0.26 | 0.27 | 37 | 42 | -0.27 | -0.13 | 361.57 | 350.00 | 9/18/2026 | No | 9 | 64 | None | |
| NEM | Newmont Corp | Options Chain | 2.89 | 3.10 | 0.65 | 2.50 | 0.26 | 0.42 | 249 | 553 | -0.29 | -0.06 | 97.73 | 97.50 | 9/18/2026 | No | 14 | 64 | None | |
| AU | AngloGold Ashanti Plc. | Options Chain | 2.30 | 2.95 | 1.23 | 5.00 | 0.25 | 0.50 | 14 | 20 | -0.26 | -0.06 | 81.50 | 80.00 | 9/18/2026 | Yes | 16 | 65 |
Dividend Stock List |
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| MCD | McDonald`s Corp | Options Chain | 3.50 | 3.85 | 1.21 | 5.00 | 0.24 | 0.23 | 148 | 391 | -0.26 | -0.08 | 268.34 | 260.00 | 9/18/2026 | Yes | 9 | 53 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.00 | 1.10 | 0.60 | 2.50 | 0.24 | 0.37 | 297 | 13 | -0.29 | -0.02 | 44.05 | 40.00 | 9/18/2026 | Yes | 7 | 51 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.70 | 0.77 | 0.24 | 1.00 | 0.24 | 0.26 | 361 | 197 | -0.29 | -0.02 | 46.88 | 44.00 | 9/18/2026 | No | 8 | 64 | None | |
| PCG | PG&E Corp | Options Chain | 0.60 | 0.63 | 0.24 | 1.00 | 0.24 | 0.55 | 554 | 502 | -0.30 | -0.01 | 17.45 | 16.00 | 9/18/2026 | No | 13 | 59 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.37 | 1.44 | 0.58 | 2.50 | 0.23 | 0.25 | 74 | 57 | -0.28 | -0.03 | 88.39 | 85.00 | 9/18/2026 | No | 15 | 74 | None | |
| KGC | Kinross Gold Corp | Options Chain | 0.62 | 0.68 | 0.23 | 1.00 | 0.23 | 0.49 | 3 | 23 | -0.24 | -0.02 | 23.60 | 23.00 | 9/18/2026 | No | 19 | 52 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.65 | 2.00 | 0.23 | 1.00 | 0.23 | 0.55 | 4 | 5 | -0.29 | -0.03 | 44.91 | 44.00 | 9/18/2026 | Yes | 19 | 64 | None | |
| TGT | Target Corp | Options Chain | 2.94 | 3.10 | 1.14 | 5.00 | 0.23 | 0.39 | 110 | 34 | -0.24 | -0.06 | 148.11 | 135.00 | 9/18/2026 | Yes | 9 | 64 | None | |
| TROW | T. Rowe Price Group Inc | Options Chain | 2.10 | 2.55 | 1.13 | 5.00 | 0.23 | 0.29 | 33 | 1419 | -0.30 | -0.04 | 115.79 | 110.00 | 9/18/2026 | No | 21 | 69 |
Dividend Stock List |
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| CDW | CDW Corp | Options Chain | 2.90 | 4.20 | 1.12 | 5.00 | 0.22 | 0.51 | 3 | 5 | -0.25 | -0.08 | 154.00 | 125.00 | 9/18/2026 | Yes | 11 | 51 | None | |
| APA | APA Corporation | Options Chain | 0.99 | 1.06 | 0.56 | 2.50 | 0.22 | 0.47 | 28 | 0 | -0.28 | -0.03 | 35.80 | 32.50 | 9/18/2026 | Yes | 10 | 55 | None | |
| NTR | Nutrien Ltd | Options Chain | 1.05 | 1.45 | 0.55 | 2.50 | 0.22 | 0.33 | 2 | 10 | -0.27 | -0.03 | 66.92 | 62.50 | 9/18/2026 | Yes | 16 | 72 | None | |
| T | AT&T Inc | Options Chain | 0.42 | 0.45 | 0.22 | 1.00 | 0.22 | 0.27 | 331 | 917 | -0.30 | -0.01 | 23.38 | 22.00 | 9/18/2026 | No | 14 | 70 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.70 | 7.00 | 2.15 | 10.00 | 0.21 | 0.30 | 208 | 83 | -0.25 | -0.16 | 407.55 | 390.00 | 9/18/2026 | No | 12 | 63 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.70 | 2.92 | 1.06 | 5.00 | 0.21 | 0.48 | 113 | 149 | -0.22 | -0.08 | 121.74 | 110.00 | 9/18/2026 | Yes | 7 | 58 | None | |
| LUV | Southwest Airlines Company | Options Chain | 1.09 | 1.16 | 0.53 | 2.50 | 0.21 | 0.42 | 51 | 48 | -0.25 | -0.03 | 48.70 | 45.00 | 9/18/2026 | No | 12 | 60 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.43 | 0.46 | 0.21 | 1.00 | 0.21 | 0.23 | 218 | 110 | -0.29 | -0.01 | 31.38 | 30.00 | 9/18/2026 | No | 11 | 66 | None | |
| WMT | Walmart Inc | Options Chain | 1.87 | 1.97 | 1.04 | 5.00 | 0.21 | 0.31 | 427 | 145 | -0.25 | -0.05 | 111.55 | 105.00 | 9/18/2026 | Yes | 10 | 59 | None | |
| WYNN | Wynn Resorts Ltd | Options Chain | 1.82 | 2.19 | 0.52 | 2.50 | 0.21 | 0.35 | 72 | 9 | -0.26 | -0.05 | 97.60 | 95.00 | 9/18/2026 | Yes | 11 | 58 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.55 | 1.95 | 0.52 | 2.50 | 0.21 | 0.46 | 189 | 103 | -0.29 | -0.03 | 61.04 | 55.00 | 9/18/2026 | No | 7 | 53 | None | |
| DOW | Dow Inc | Options Chain | 0.81 | 0.87 | 0.52 | 2.50 | 0.21 | 0.42 | 331 | 89 | -0.29 | -0.01 | 30.33 | 27.50 | 9/18/2026 | No | 8 | 56 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.15 | 4.55 | 1.02 | 5.00 | 0.20 | 0.22 | 41 | 107 | -0.25 | -0.13 | 357.52 | 345.00 | 9/18/2026 | No | 12 | 80 | None | |
| SIRI | Sirius XM Holdings Inc | Options Chain | 0.53 | 0.63 | 0.20 | 1.00 | 0.20 | 0.35 | 1 | 1 | -0.25 | -0.01 | 30.75 | 28.00 | 9/18/2026 | No | 11 | 62 | None | |
| KEY | Keycorp | Options Chain | 0.35 | 0.45 | 0.20 | 1.00 | 0.20 | 0.27 | 0 | 34 | -0.28 | -0.01 | 23.10 | 22.00 | 9/18/2026 | No | 10 | 59 | None | |
| C | Citigroup Inc | Options Chain | 2.18 | 2.34 | 0.99 | 5.00 | 0.20 | 0.31 | 359 | 139 | -0.24 | -0.07 | 136.87 | 130.00 | 9/18/2026 | No | 14 | 69 | None | |
| AA | Alcoa Corp | Options Chain | 1.08 | 1.20 | 0.38 | 2.00 | 0.19 | 0.53 | 36 | 21 | -0.21 | -0.03 | 46.83 | 42.00 | 9/18/2026 | No | 18 | 52 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.30 | 1.55 | 0.93 | 5.00 | 0.19 | 0.49 | 156 | 512 | -0.19 | -0.05 | 76.04 | 65.00 | 9/18/2026 | Yes | 11 | 56 | None | |
| AZN | Astrazeneca plc | Options Chain | 2.15 | 2.40 | 0.88 | 5.00 | 0.18 | 0.31 | 11 | 48 | -0.22 | -0.06 | 155.62 | 150.00 | 9/18/2026 | No | 14 | 69 | None | |
| STM | ST Microelectronics | Options Chain | 1.50 | 1.60 | 0.87 | 5.00 | 0.17 | 0.68 | 4 | 0 | -0.21 | -0.05 | 54.22 | 45.00 | 9/18/2026 | No | 13 | 54 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.80 | 1.93 | 0.86 | 5.00 | 0.17 | 0.29 | 146 | 66 | -0.20 | -0.05 | 153.96 | 140.00 | 9/18/2026 | No | 11 | 72 | None | |
| BCS | Barclays plc | Options Chain | 0.40 | 0.50 | 0.17 | 1.00 | 0.17 | 0.34 | 1 | 1 | -0.23 | -0.01 | 28.02 | 26.00 | 9/18/2026 | No | 18 | 62 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.60 | 0.80 | 0.17 | 1.00 | 0.17 | 0.26 | 0 | 29 | -0.28 | -0.01 | 44.77 | 42.00 | 9/18/2026 | Yes | 17 | 68 | None | |
| PRU | Prudential Financial Inc | Options Chain | 1.15 | 1.75 | 0.85 | 5.00 | 0.17 | 0.27 | 36 | 150 | -0.17 | -0.02 | 123.54 | 110.00 | 9/18/2026 | Yes | 13 | 58 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.89 | 0.96 | 0.42 | 2.50 | 0.17 | 0.29 | 69 | 10 | -0.25 | -0.03 | 65.89 | 60.00 | 9/18/2026 | No | 16 | 70 | None | |
| DEO | Diageo plc | Options Chain | 1.40 | 1.65 | 0.83 | 5.00 | 0.17 | 0.40 | 5 | 87 | -0.21 | -0.05 | 87.83 | 80.00 | 9/18/2026 | Yes | 11 | 59 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.34 | 1.43 | 0.81 | 5.00 | 0.16 | 0.54 | 471 | 947 | -0.18 | -0.04 | 67.30 | 60.00 | 9/18/2026 | No | 9 | 63 | None | |
| KO | Coca-Cola Company | Options Chain | 0.81 | 0.87 | 0.39 | 2.50 | 0.16 | 0.21 | 170 | 567 | -0.23 | -0.02 | 86.56 | 82.50 | 9/18/2026 | No | 12 | 67 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.66 | 0.71 | 0.38 | 2.50 | 0.15 | 0.23 | 609 | 927 | -0.24 | -0.02 | 62.90 | 60.00 | 9/18/2026 | No | 12 | 74 | None | |
| F | Ford Motor Company | Options Chain | 0.21 | 0.24 | 0.15 | 1.00 | 0.15 | 0.34 | 1182 | 33 | -0.22 | 0.00 | 14.24 | 13.00 | 9/18/2026 | No | 9 | 47 | None | |
| EXC | Exelon Corp | Options Chain | 0.45 | 0.60 | 0.15 | 1.00 | 0.15 | 0.23 | 4 | 2 | -0.25 | -0.01 | 45.84 | 43.00 | 9/18/2026 | No | 8 | 57 | None | |
| PPL | PPL Corp | Options Chain | 0.35 | 0.55 | 0.15 | 1.00 | 0.15 | 0.25 | 120 | 0 | -0.26 | -0.01 | 35.18 | 33.00 | 9/18/2026 | Yes | 9 | 67 | None |