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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LLY | Lilly(Eli) & Company | Options Chain | 37.80 | 41.15 | 4.20 | 10.00 | 0.42 | 0.44 | 2 | 2 | -0.30 | -0.74 | 1,212.44 | 1,130.00 | 8/21/2026 | Yes | 9 | 65 | None | |
| GLW | Corning Inc | Options Chain | 14.05 | 14.60 | 1.88 | 5.00 | 0.38 | 0.95 | 41 | 31 | -0.29 | -0.27 | 196.79 | 175.00 | 8/21/2026 | Yes | 8 | 52 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 24.95 | 26.25 | 3.65 | 10.00 | 0.36 | 0.84 | 64 | 51 | -0.28 | -0.46 | 394.32 | 360.00 | 8/21/2026 | No | 11 | 52 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.65 | 1.95 | 0.35 | 1.00 | 0.35 | 0.58 | 5 | 19 | -0.29 | -0.04 | 46.29 | 41.00 | 8/21/2026 | Yes | 19 | 64 | None | |
| IBM | International Business Machines Corp | Options Chain | 11.10 | 11.85 | 1.70 | 5.00 | 0.34 | 0.52 | 68 | 24 | -0.30 | -0.21 | 289.52 | 275.00 | 8/21/2026 | Yes | 13 | 70 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 18.25 | 19.10 | 3.33 | 10.00 | 0.33 | 0.55 | 79 | 119 | -0.30 | -0.38 | 434.16 | 420.00 | 8/21/2026 | Yes | 20 | 61 |
Dividend Stock List |
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| QCOM | Qualcomm Inc | Options Chain | 8.95 | 9.30 | 1.63 | 5.00 | 0.33 | 0.72 | 84 | 431 | -0.27 | -0.19 | 176.25 | 165.00 | 8/21/2026 | Yes | 11 | 64 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.17 | 2.36 | 0.32 | 1.00 | 0.32 | 0.69 | 67 | 17 | -0.30 | -0.04 | 41.23 | 39.00 | 8/21/2026 | No | 8 | 51 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 6.80 | 7.00 | 1.50 | 5.00 | 0.30 | 0.62 | 70 | 9 | -0.27 | -0.14 | 164.55 | 150.00 | 8/21/2026 | Yes | 8 | 58 | None | |
| ORCL | Oracle Corp | Options Chain | 5.85 | 6.05 | 1.50 | 5.00 | 0.30 | 0.60 | 417 | 307 | -0.28 | -0.11 | 140.27 | 130.00 | 8/21/2026 | No | 11 | 67 | None | |
| ALLY | Ally Financial Inc | Options Chain | 1.00 | 1.35 | 0.30 | 1.00 | 0.30 | 0.38 | 0 | 2 | -0.29 | -0.02 | 45.32 | 43.00 | 8/21/2026 | Yes | 10 | 65 | None | |
| CRM | Salesforce Inc | Options Chain | 4.80 | 5.10 | 1.45 | 5.00 | 0.29 | 0.45 | 55 | 97 | -0.27 | -0.11 | 166.11 | 155.00 | 8/21/2026 | No | 15 | 71 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.70 | 0.85 | 0.28 | 1.00 | 0.28 | 0.43 | 43 | 0 | -0.30 | -0.02 | 24.65 | 23.00 | 8/21/2026 | Yes | 16 | 66 | None | |
| HPQ | HP Inc | Options Chain | 0.68 | 0.71 | 0.28 | 1.00 | 0.28 | 0.45 | 101 | 154 | -0.30 | -0.02 | 21.93 | 21.00 | 8/21/2026 | No | 12 | 38 | None | |
| VST | Vistra Corp | Options Chain | 5.15 | 5.50 | 1.38 | 5.00 | 0.28 | 0.56 | 125 | 32 | -0.28 | -0.12 | 151.05 | 140.00 | 8/21/2026 | Yes | 6 | 56 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.65 | 2.76 | 0.67 | 2.50 | 0.27 | 0.45 | 42 | 45 | -0.27 | -0.06 | 92.96 | 85.00 | 8/21/2026 | Yes | 11 | 57 | None | |
| GM | General Motors Company | Options Chain | 2.03 | 2.15 | 0.67 | 2.50 | 0.27 | 0.41 | 20 | 460 | -0.28 | -0.05 | 76.00 | 72.50 | 8/21/2026 | Yes | 9 | 61 | None | |
| MDT | Medtronic Plc | Options Chain | 1.59 | 1.85 | 0.66 | 2.50 | 0.26 | 0.28 | 25 | 7 | -0.30 | -0.03 | 83.19 | 80.00 | 8/21/2026 | Yes | 14 | 72 | None | |
| COST | Costco Wholesale Corp | Options Chain | 13.25 | 14.85 | 1.30 | 5.00 | 0.26 | 0.23 | 23 | 17 | -0.29 | -0.33 | 951.67 | 910.00 | 8/21/2026 | No | 15 | 61 | None | |
| CLX | Clorox Company | Options Chain | 2.40 | 2.75 | 1.30 | 5.00 | 0.26 | 0.37 | 21 | 45 | -0.30 | -0.04 | 97.26 | 90.00 | 8/21/2026 | Yes | 14 | 54 | None | |
| COP | Conoco Phillips | Options Chain | 2.08 | 2.22 | 0.65 | 2.50 | 0.26 | 0.33 | 1 | 23 | -0.27 | -0.05 | 104.73 | 97.50 | 8/21/2026 | Yes | 9 | 68 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 9.25 | 9.90 | 2.55 | 10.00 | 0.26 | 0.37 | 24 | 79 | -0.26 | -0.22 | 425.36 | 390.00 | 8/21/2026 | Yes | 11 | 63 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.79 | 0.84 | 0.25 | 1.00 | 0.25 | 0.31 | 145 | 512 | -0.24 | -0.01 | 42.56 | 39.00 | 8/21/2026 | Yes | 13 | 73 | None | |
| EXC | Exelon Corp | Options Chain | 0.65 | 0.85 | 0.25 | 1.00 | 0.25 | 0.25 | 1 | 0 | -0.27 | -0.02 | 47.88 | 45.00 | 8/21/2026 | Yes | 8 | 57 | None | |
| EQNR | Equinor ASA | Options Chain | 0.80 | 0.90 | 0.25 | 1.00 | 0.25 | 0.38 | 2 | 0 | -0.30 | -0.01 | 32.04 | 30.00 | 8/21/2026 | Yes | 9 | 52 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.15 | 2.23 | 1.24 | 5.00 | 0.25 | 0.55 | 96 | 76 | -0.27 | -0.05 | 60.99 | 55.00 | 8/21/2026 | Yes | 14 | 63 | None | |
| C | Citigroup Inc | Options Chain | 3.35 | 3.45 | 1.24 | 5.00 | 0.25 | 0.34 | 151 | 119 | -0.29 | -0.06 | 139.70 | 135.00 | 8/21/2026 | Yes | 11 | 69 | None | |
| V | Visa Inc - Class A | Options Chain | 5.45 | 6.10 | 1.23 | 5.00 | 0.25 | 0.26 | 36 | 26 | -0.27 | -0.14 | 362.13 | 340.00 | 8/21/2026 | Yes | 10 | 64 | None | |
| NVO | Novo Nordisk | Options Chain | 1.31 | 1.38 | 0.61 | 2.50 | 0.24 | 0.46 | 150 | 19480 | -0.25 | -0.03 | 50.43 | 45.00 | 8/21/2026 | Yes | 17 | 64 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.76 | 1.85 | 0.61 | 2.50 | 0.24 | 0.32 | 49 | 121 | -0.28 | -0.04 | 85.51 | 82.50 | 8/21/2026 | Yes | 13 | 73 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 5.60 | 6.70 | 2.40 | 10.00 | 0.24 | 0.39 | 6 | 4 | -0.26 | -0.14 | 266.35 | 250.00 | 8/21/2026 | Yes | 11 | 59 | None | |
| MCD | McDonald`s Corp | Options Chain | 4.20 | 4.55 | 1.18 | 5.00 | 0.24 | 0.26 | 102 | 127 | -0.27 | -0.11 | 280.63 | 265.00 | 8/21/2026 | Yes | 9 | 62 | None | |
| WMT | Walmart Inc | Options Chain | 2.16 | 2.19 | 1.17 | 5.00 | 0.23 | 0.30 | 1464 | 866 | -0.28 | -0.05 | 111.84 | 105.00 | 8/21/2026 | Yes | 9 | 55 | None | |
| TGT | Target Corp | Options Chain | 2.97 | 3.15 | 1.16 | 5.00 | 0.23 | 0.42 | 50 | 50 | -0.26 | -0.06 | 130.21 | 115.00 | 8/21/2026 | Yes | 12 | 63 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.86 | 2.02 | 0.58 | 2.50 | 0.23 | 0.32 | 61 | 27 | -0.28 | -0.04 | 97.00 | 95.00 | 8/21/2026 | Yes | 16 | 69 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.45 | 0.70 | 0.23 | 1.00 | 0.23 | 0.25 | 1 | 0 | -0.25 | -0.01 | 41.17 | 39.00 | 8/21/2026 | Yes | 17 | 67 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.58 | 0.62 | 0.23 | 1.00 | 0.23 | 0.40 | 373 | 101 | -0.28 | -0.01 | 23.79 | 22.00 | 8/21/2026 | Yes | 12 | 58 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.75 | 1.95 | 0.57 | 2.50 | 0.23 | 0.38 | 0 | 3 | -0.25 | -0.05 | 83.33 | 77.50 | 8/21/2026 | Yes | 11 | 24 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.12 | 1.14 | 0.56 | 2.50 | 0.22 | 0.26 | 247 | 1540 | -0.30 | -0.02 | 58.73 | 57.50 | 8/21/2026 | Yes | 10 | 64 | None | |
| NVT | nVent Electric plc | Options Chain | 6.90 | 7.90 | 1.10 | 5.00 | 0.22 | 0.67 | 2 | 0 | -0.27 | -0.15 | 152.15 | 140.00 | 8/21/2026 | Yes | 10 | 21 | None | |
| QSR | Restaurant Brands International Inc | Options Chain | 1.30 | 1.55 | 0.55 | 2.50 | 0.22 | 0.29 | 0 | 3 | -0.29 | -0.03 | 74.79 | 70.00 | 8/21/2026 | Yes | 12 | 69 | None | |
| USB | U.S. Bancorp. | Options Chain | 1.09 | 1.18 | 0.54 | 2.50 | 0.22 | 0.28 | 8 | 29 | -0.28 | -0.03 | 61.73 | 60.00 | 8/21/2026 | Yes | 15 | 74 | None | |
| DOW | Dow Inc | Options Chain | 0.84 | 0.90 | 0.53 | 2.50 | 0.21 | 0.49 | 86 | 16 | -0.28 | -0.02 | 27.83 | 25.00 | 8/21/2026 | Yes | 6 | 52 | None | |
| RMD | Resmed Inc | Options Chain | 4.00 | 4.60 | 1.05 | 5.00 | 0.21 | 0.40 | 5 | 1 | -0.23 | -0.12 | 209.63 | 200.00 | 8/21/2026 | Yes | 20 | 68 |
Dividend Stock List |
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| APA | APA Corporation | Options Chain | 0.98 | 1.06 | 0.52 | 2.50 | 0.21 | 0.47 | 4 | 33 | -0.28 | -0.02 | 32.36 | 30.00 | 8/21/2026 | Yes | 10 | 55 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.00 | 5.10 | 1.02 | 5.00 | 0.20 | 0.27 | 45 | 58 | -0.26 | -0.14 | 334.47 | 320.00 | 8/21/2026 | Yes | 11 | 77 | None | |
| KO | Coca-Cola Company | Options Chain | 1.12 | 1.15 | 0.51 | 2.50 | 0.20 | 0.22 | 2599 | 89 | -0.27 | -0.03 | 84.14 | 80.00 | 8/21/2026 | Yes | 9 | 61 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.40 | 1.55 | 1.00 | 5.00 | 0.20 | 0.39 | 44 | 0 | -0.30 | -0.03 | 52.96 | 50.00 | 8/21/2026 | Yes | 10 | 72 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.86 | 0.90 | 0.50 | 2.50 | 0.20 | 0.39 | 212 | 109 | -0.25 | -0.02 | 40.47 | 37.50 | 8/21/2026 | Yes | 7 | 53 | None | |
| T | AT&T Inc | Options Chain | 0.40 | 0.44 | 0.20 | 1.00 | 0.20 | 0.36 | 488 | 113 | -0.25 | -0.01 | 20.58 | 19.00 | 8/21/2026 | Yes | 9 | 61 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.30 | 0.45 | 0.20 | 1.00 | 0.20 | 0.31 | 22 | 0 | -0.28 | -0.01 | 17.86 | 17.00 | 8/21/2026 | Yes | 11 | 66 | None | |
| RF | Regions Financial Corp | Options Chain | 0.55 | 0.65 | 0.20 | 1.00 | 0.20 | 0.30 | 17 | 1 | -0.29 | -0.01 | 30.28 | 29.00 | 8/21/2026 | Yes | 18 | 71 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.80 | 0.83 | 0.48 | 2.50 | 0.19 | 0.36 | 629 | 229 | -0.25 | -0.02 | 44.09 | 40.00 | 8/21/2026 | No | 13 | 58 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.85 | 2.05 | 0.95 | 5.00 | 0.19 | 0.40 | 27 | 23 | -0.24 | -0.04 | 94.42 | 85.00 | 8/21/2026 | No | 10 | 71 | None | |
| KEY | Keycorp | Options Chain | 0.35 | 0.45 | 0.17 | 1.00 | 0.17 | 0.30 | 48 | 45 | -0.27 | -0.01 | 23.02 | 22.00 | 8/21/2026 | Yes | 10 | 59 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.78 | 0.86 | 0.42 | 2.50 | 0.17 | 0.32 | 85 | 77 | -0.22 | -0.02 | 58.13 | 52.50 | 8/21/2026 | Yes | 15 | 61 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.25 | 1.40 | 0.83 | 5.00 | 0.17 | 0.42 | 14 | 16 | -0.27 | -0.03 | 52.78 | 50.00 | 8/21/2026 | Yes | 16 | 65 | None | |
| OKE | Oneok Inc | Options Chain | 1.30 | 1.40 | 0.80 | 5.00 | 0.16 | 0.32 | 71 | 12 | -0.21 | -0.02 | 87.83 | 80.00 | 8/21/2026 | Yes | 13 | 74 | None | |
| EQT | EQT Corp | Options Chain | 0.62 | 0.71 | 0.40 | 2.50 | 0.16 | 0.32 | 31 | 13 | -0.19 | -0.02 | 52.61 | 47.50 | 8/21/2026 | Yes | 16 | 72 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.43 | 0.55 | 0.16 | 1.00 | 0.16 | 0.22 | 241 | 1 | -0.26 | -0.01 | 36.75 | 35.00 | 8/21/2026 | Yes | 9 | 57 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.20 | 0.30 | 0.15 | 1.00 | 0.15 | 0.42 | 5 | 0 | -0.24 | -0.01 | 10.79 | 10.00 | 8/21/2026 | Yes | 15 | 53 | None | |
| PPL | PPL Corp | Options Chain | 0.40 | 0.75 | 0.15 | 1.00 | 0.15 | 0.23 | 2 | 9 | -0.29 | -0.02 | 36.89 | 35.00 | 8/21/2026 | Yes | 9 | 67 | None |