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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TGT | Target Corp | Options Chain | 2.90 | 4.35 | 0.69 | 1.00 | 0.69 | 0.48 | 0 | 11 | -0.30 | -0.04 | 89.43 | 84.00 | 12/26/2025 | Yes | 13 | 66 | None | |
| ORCL | Oracle Corp | Options Chain | 8.95 | 12.05 | 1.70 | 5.00 | 0.34 | 0.57 | 225 | 29 | -0.29 | -0.19 | 243.80 | 220.00 | 12/26/2025 | Yes | 8 | 62 | None | |
| AMAT | Applied Materials Inc | Options Chain | 5.80 | 9.15 | 1.68 | 5.00 | 0.34 | 0.48 | 0 | 1 | -0.27 | -0.13 | 230.07 | 210.00 | 12/26/2025 | Yes | 14 | 68 | None | |
| AVGO | Broadcom Inc | Options Chain | 13.30 | 16.65 | 1.63 | 5.00 | 0.33 | 0.56 | 14 | 5 | -0.30 | -0.26 | 349.43 | 320.00 | 12/26/2025 | Yes | 9 | 67 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.90 | 6.30 | 1.47 | 5.00 | 0.29 | 0.40 | 2 | 0 | -0.30 | -0.08 | 173.20 | 160.00 | 12/26/2025 | No | 12 | 67 | None | |
| WMT | Walmart Inc | Options Chain | 1.70 | 1.99 | 0.28 | 1.00 | 0.28 | 0.28 | 32 | 1 | -0.27 | -0.04 | 101.68 | 97.00 | 12/26/2025 | Yes | 9 | 59 | None | |
| NVT | nVent Electric plc | Options Chain | 3.20 | 3.70 | 1.35 | 5.00 | 0.27 | 0.42 | 0 | 1 | -0.30 | -0.07 | 109.97 | 105.00 | 12/19/2025 | No | 9 | 60 | None | |
| KO | Coca-Cola Company | Options Chain | 0.67 | 0.87 | 0.27 | 1.00 | 0.27 | 0.17 | 2 | 0 | -0.26 | -0.01 | 69.06 | 68.00 | 12/26/2025 | No | 9 | 70 | None | |
| GRMN | Garmin Ltd | Options Chain | 2.75 | 4.60 | 1.23 | 5.00 | 0.25 | 0.30 | 7 | 1 | -0.28 | -0.08 | 203.98 | 190.00 | 12/19/2025 | No | 19 | 65 |
Dividend Stock List |
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| MSFT | Microsoft Corporation | Options Chain | 7.75 | 8.05 | 1.20 | 5.00 | 0.24 | 0.24 | 8 | 12 | -0.27 | -0.18 | 497.10 | 475.00 | 12/26/2025 | No | 14 | 69 | None | |
| GIS | General Mills Inc | Options Chain | 0.85 | 1.05 | 0.60 | 2.50 | 0.24 | 0.30 | 65 | 5 | -0.29 | -0.03 | 45.98 | 45.00 | 12/19/2025 | Yes | 13 | 63 | None | |
| ODFL | Old Dominion Freight Line Inc | Options Chain | 2.80 | 4.10 | 1.17 | 5.00 | 0.23 | 0.41 | 1003 | 0 | -0.28 | -0.09 | 137.69 | 130.00 | 12/19/2025 | No | 11 | 59 | None | |
| KDP | Keurig Dr Pepper Inc | Options Chain | 0.35 | 0.60 | 0.23 | 1.00 | 0.23 | 0.27 | 17 | 5 | -0.29 | -0.01 | 26.36 | 25.00 | 12/19/2025 | No | 10 | 61 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.90 | 1.25 | 0.23 | 1.00 | 0.23 | 0.40 | 131 | 9 | -0.30 | -0.03 | 39.27 | 37.00 | 12/19/2025 | No | 10 | 67 | None | |
| V | Visa Inc - Class A | Options Chain | 2.74 | 6.30 | 1.14 | 5.00 | 0.23 | 0.23 | 0 | 1 | -0.25 | -0.11 | 336.96 | 320.00 | 12/26/2025 | No | 9 | 70 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.51 | 0.85 | 0.22 | 1.00 | 0.22 | 0.34 | 2 | 0 | -0.29 | -0.02 | 27.31 | 26.00 | 12/26/2025 | No | 13 | 66 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.60 | 3.10 | 1.05 | 5.00 | 0.21 | 0.29 | 58 | 20 | -0.29 | -0.06 | 119.56 | 115.00 | 12/19/2025 | No | 13 | 65 | None | |
| MPLX | MPLX LP | Options Chain | 0.25 | 0.75 | 0.20 | 1.00 | 0.20 | 0.20 | 0 | 31 | -0.21 | -0.02 | 51.53 | 49.00 | 12/19/2025 | No | 13 | 76 | None | |
| CNP | Centerpoint Energy Inc | Options Chain | 0.45 | 0.75 | 0.20 | 1.00 | 0.20 | 0.22 | 15 | 0 | -0.30 | -0.01 | 38.99 | 38.00 | 12/19/2025 | No | 9 | 64 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.85 | 9.00 | 0.98 | 5.00 | 0.20 | 0.34 | 4 | 135 | -0.29 | -0.13 | 321.56 | 305.00 | 12/26/2025 | No | 12 | 67 | None | |
| SYY | Sysco Corp | Options Chain | 0.85 | 1.30 | 0.48 | 2.50 | 0.19 | 0.22 | 6 | 0 | -0.29 | -0.03 | 72.91 | 72.50 | 12/19/2025 | No | 11 | 62 | None | |
| AU | AngloGold Ashanti Plc. | Options Chain | 1.65 | 2.00 | 0.95 | 5.00 | 0.19 | 0.61 | 3 | 3 | -0.21 | -0.05 | 69.41 | 60.00 | 12/19/2025 | Yes | 18 | 67 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 6.35 | 8.60 | 0.95 | 5.00 | 0.19 | 0.40 | 8 | 6 | -0.28 | -0.14 | 289.24 | 265.00 | 12/26/2025 | No | 22 | 74 |
Dividend Stock List |
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| TFC | Truist Financial Corporation | Options Chain | 0.61 | 1.15 | 0.43 | 2.50 | 0.17 | 0.28 | 3 | 7 | -0.29 | -0.01 | 44.04 | 42.50 | 12/19/2025 | No | 16 | 72 | None | |
| RF | Regions Financial Corp | Options Chain | 0.35 | 0.55 | 0.17 | 1.00 | 0.17 | 0.34 | 3 | 7 | -0.24 | -0.01 | 24.31 | 23.00 | 12/19/2025 | No | 13 | 70 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 0.70 | 0.80 | 0.40 | 2.50 | 0.16 | 0.30 | 43 | 3 | -0.20 | -0.01 | 56.98 | 52.50 | 12/19/2025 | No | 12 | 53 | None | |
| OKE | Oneok Inc | Options Chain | 1.25 | 1.50 | 0.78 | 5.00 | 0.16 | 0.30 | 44 | 23 | -0.30 | -0.03 | 67.81 | 65.00 | 12/19/2025 | No | 14 | 75 | None | |
| HST | Host Hotels & Resorts Inc | Options Chain | 0.25 | 0.40 | 0.15 | 1.00 | 0.15 | 0.29 | 2 | 0 | -0.27 | -0.01 | 17.32 | 17.00 | 12/19/2025 | No | 10 | 61 | None |