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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| QCOM | Qualcomm Inc | Options Chain | 2.52 | 5.65 | 2.02 | 5.00 | 0.40 | 0.41 | 6 | 1 | -0.29 | -0.08 | 138.11 | 130.00 | 4/24/2026 | No | 11 | 72 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.32 | 1.83 | 0.37 | 1.00 | 0.37 | 0.42 | 40 | 4 | -0.27 | -0.03 | 54.19 | 51.00 | 4/24/2026 | No | 7 | 50 | None | |
| AMAT | Applied Materials Inc | Options Chain | 13.95 | 17.50 | 1.63 | 5.00 | 0.33 | 0.61 | 3 | 0 | -0.30 | -0.28 | 325.00 | 310.00 | 4/24/2026 | No | 12 | 63 | None | |
| DKS | Dicks Sporting Goods Inc | Options Chain | 6.70 | 8.30 | 1.60 | 5.00 | 0.32 | 0.57 | 22 | 1 | -0.30 | -0.16 | 197.25 | 180.00 | 4/17/2026 | Yes | 12 | 70 | None | |
| GLW | Corning Inc | Options Chain | 4.70 | 8.20 | 1.58 | 5.00 | 0.32 | 0.71 | 4 | 0 | -0.28 | -0.12 | 123.29 | 115.00 | 4/24/2026 | No | 8 | 55 | None | |
| HD | Home Depot Inc | Options Chain | 6.30 | 8.55 | 1.58 | 5.00 | 0.32 | 0.30 | 0 | 1 | -0.30 | -0.14 | 357.92 | 335.00 | 4/24/2026 | No | 7 | 69 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 2.10 | 2.50 | 0.77 | 2.50 | 0.31 | 0.51 | 68 | 37 | -0.30 | -0.06 | 67.11 | 62.50 | 4/17/2026 | No | 7 | 48 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.60 | 0.95 | 0.30 | 1.00 | 0.30 | 0.52 | 5 | 1 | -0.27 | -0.02 | 23.67 | 22.00 | 4/17/2026 | No | 8 | 59 | None | |
| SLB | SLB | Options Chain | 1.23 | 1.62 | 0.30 | 1.00 | 0.30 | 0.42 | 2 | 0 | -0.30 | -0.03 | 47.19 | 44.00 | 4/24/2026 | No | 8 | 58 | None | |
| NVO | Novo Nordisk | Options Chain | 1.16 | 1.99 | 0.29 | 1.00 | 0.29 | 0.54 | 1 | 4 | -0.28 | -0.02 | 38.58 | 36.00 | 4/24/2026 | No | 11 | 50 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.84 | 1.50 | 0.29 | 1.00 | 0.29 | 0.37 | 3 | 2 | -0.28 | -0.03 | 48.50 | 45.00 | 4/24/2026 | Yes | 12 | 73 | None | |
| LRCX | Lam Research Corp | Options Chain | 11.40 | 13.30 | 1.42 | 5.00 | 0.28 | 0.76 | 3 | 1 | -0.30 | -0.21 | 199.33 | 190.00 | 4/24/2026 | Yes | 11 | 58 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.40 | 1.99 | 0.28 | 1.00 | 0.28 | 0.33 | 1 | 0 | -0.30 | -0.03 | 78.64 | 72.00 | 4/24/2026 | No | 9 | 65 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.60 | 1.95 | 0.68 | 2.50 | 0.27 | 0.46 | 22 | 79 | -0.27 | -0.04 | 66.60 | 60.00 | 4/17/2026 | No | 13 | 62 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 5.40 | 7.10 | 1.35 | 5.00 | 0.27 | 0.48 | 4 | 7 | -0.28 | -0.14 | 201.74 | 190.00 | 4/17/2026 | No | 9 | 66 | None | |
| AXP | American Express Company | Options Chain | 7.95 | 10.05 | 1.35 | 5.00 | 0.27 | 0.42 | 2 | 7 | -0.29 | -0.17 | 300.90 | 285.00 | 4/24/2026 | Yes | 13 | 70 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.85 | 9.55 | 1.35 | 5.00 | 0.27 | 0.43 | 0 | 5 | -0.29 | -0.16 | 285.95 | 265.00 | 4/24/2026 | Yes | 9 | 58 | None | |
| AVGO | Broadcom Inc | Options Chain | 12.00 | 12.45 | 2.68 | 10.00 | 0.27 | 0.53 | 823 | 566 | -0.29 | -0.27 | 330.81 | 320.00 | 4/17/2026 | No | 9 | 65 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.95 | 12.90 | 1.30 | 5.00 | 0.26 | 0.48 | 7 | 27 | -0.30 | -0.24 | 339.39 | 325.00 | 4/24/2026 | Yes | 20 | 62 |
Dividend Stock List |
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| CG | Carlyle Group Inc (The) | Options Chain | 1.65 | 2.25 | 0.65 | 2.50 | 0.26 | 0.58 | 4 | 0 | -0.30 | -0.04 | 48.90 | 45.00 | 4/17/2026 | No | 10 | 67 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 4.60 | 5.10 | 1.25 | 5.00 | 0.25 | 0.41 | 46 | 26 | -0.27 | -0.13 | 221.28 | 200.00 | 4/17/2026 | No | 12 | 64 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 3.80 | 5.00 | 1.25 | 5.00 | 0.25 | 0.42 | 53 | 11 | -0.27 | -0.10 | 180.54 | 170.00 | 4/17/2026 | No | 8 | 64 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 4.30 | 4.80 | 1.25 | 5.00 | 0.25 | 0.54 | 166 | 26 | -0.28 | -0.11 | 132.17 | 125.00 | 4/17/2026 | No | 9 | 58 | None | |
| APA | APA Corporation | Options Chain | 1.06 | 1.52 | 0.12 | 0.50 | 0.24 | 0.54 | 0 | 1 | -0.30 | -0.02 | 32.68 | 30.00 | 4/24/2026 | No | 12 | 64 | None | |
| EL | Estee Lauder Cos. Inc - Class A | Options Chain | 2.39 | 2.89 | 1.17 | 5.00 | 0.23 | 0.49 | 59 | 630 | -0.25 | -0.06 | 92.72 | 85.00 | 4/17/2026 | No | 6 | 48 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.95 | 2.10 | 0.58 | 2.50 | 0.23 | 0.37 | 6 | 9 | -0.26 | -0.05 | 90.30 | 85.00 | 4/17/2026 | No | 8 | 63 | None | |
| EQNR | Equinor ASA | Options Chain | 0.60 | 0.85 | 0.23 | 1.00 | 0.23 | 0.41 | 16 | 0 | -0.26 | -0.02 | 33.59 | 30.00 | 4/17/2026 | No | 7 | 53 | None | |
| COF | Capital One Financial Corp | Options Chain | 3.70 | 7.90 | 1.15 | 5.00 | 0.23 | 0.49 | 1 | 0 | -0.27 | -0.13 | 187.71 | 170.00 | 4/24/2026 | No | 10 | 66 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.30 | 10.85 | 1.15 | 5.00 | 0.23 | 0.32 | 8 | 11 | -0.30 | -0.21 | 408.96 | 390.00 | 4/24/2026 | No | 11 | 65 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.00 | 6.85 | 1.10 | 5.00 | 0.22 | 0.36 | 1 | 9 | -0.27 | -0.13 | 289.48 | 270.00 | 4/24/2026 | Yes | 8 | 70 | None | |
| TROW | T. Rowe Price Group Inc | Options Chain | 1.70 | 2.30 | 1.10 | 5.00 | 0.22 | 0.34 | 86 | 26 | -0.27 | -0.03 | 90.36 | 85.00 | 4/17/2026 | No | 16 | 50 |
Dividend Stock List |
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| JCI | Johnson Controls International plc | Options Chain | 2.45 | 3.10 | 1.05 | 5.00 | 0.21 | 0.36 | 1044 | 0 | -0.28 | -0.07 | 132.40 | 125.00 | 4/17/2026 | No | 11 | 62 | None | |
| EXC | Exelon Corp | Options Chain | 0.50 | 0.75 | 0.20 | 1.00 | 0.20 | 0.24 | 10 | 37 | -0.26 | -0.02 | 49.36 | 47.00 | 4/17/2026 | No | 10 | 69 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.90 | 1.10 | 0.20 | 1.00 | 0.20 | 0.50 | 8 | 16 | -0.26 | -0.03 | 38.02 | 35.00 | 4/17/2026 | Yes | 11 | 70 | None | |
| HST | Host Hotels & Resorts Inc | Options Chain | 0.30 | 0.50 | 0.20 | 1.00 | 0.20 | 0.36 | 1 | 0 | -0.26 | -0.01 | 19.23 | 17.85 | 4/17/2026 | No | 12 | 59 | None | |
| WMT | Walmart Inc | Options Chain | 2.24 | 3.05 | 0.19 | 1.00 | 0.19 | 0.30 | 0 | 1 | -0.30 | -0.05 | 123.50 | 118.00 | 4/24/2026 | No | 9 | 56 | None | |
| KO | Coca-Cola Company | Options Chain | 0.64 | 1.15 | 0.18 | 1.00 | 0.18 | 0.21 | 3 | 0 | -0.25 | -0.02 | 77.04 | 74.00 | 4/24/2026 | No | 10 | 68 | None | |
| BCS | Barclays plc | Options Chain | 0.45 | 0.70 | 0.18 | 1.00 | 0.18 | 0.49 | 34 | 14 | -0.25 | -0.02 | 22.00 | 20.00 | 4/17/2026 | No | 18 | 56 | None | |
| RTX | RTX Corp | Options Chain | 3.90 | 5.95 | 0.88 | 5.00 | 0.18 | 0.37 | 1 | 20 | -0.27 | -0.12 | 208.23 | 195.00 | 4/24/2026 | Yes | 13 | 62 | None | |
| SONY | Sony Group Corporation | Options Chain | 0.30 | 0.60 | 0.17 | 1.00 | 0.17 | 0.37 | 1 | 19 | -0.26 | -0.01 | 21.90 | 20.00 | 4/24/2026 | No | 18 | 43 | None | |
| RF | Regions Financial Corp | Options Chain | 0.50 | 0.80 | 0.17 | 1.00 | 0.17 | 0.42 | 10 | 0 | -0.27 | -0.02 | 26.96 | 25.00 | 4/17/2026 | Yes | 13 | 60 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.25 | 0.55 | 0.17 | 1.00 | 0.17 | 0.39 | 14 | 15 | -0.28 | -0.01 | 16.31 | 15.00 | 4/17/2026 | Yes | 7 | 57 | None | |
| CME | CME Group Inc - Class A | Options Chain | 6.20 | 9.30 | 0.85 | 5.00 | 0.17 | 0.25 | 3 | 22 | -0.30 | -0.05 | 317.10 | 305.00 | 4/24/2026 | Yes | 15 | 74 | None | |
| CFG | Citizens Financial Group Inc | Options Chain | 0.90 | 1.50 | 0.42 | 2.50 | 0.17 | 0.45 | 10 | 0 | -0.23 | -0.03 | 58.00 | 52.50 | 4/17/2026 | Yes | 15 | 78 | None | |
| PRU | Prudential Financial Inc | Options Chain | 1.65 | 2.25 | 0.82 | 5.00 | 0.16 | 0.36 | 6 | 29 | -0.27 | -0.06 | 95.93 | 90.00 | 4/17/2026 | No | 17 | 71 | None | |
| ORCL | Oracle Corp | Options Chain | 5.35 | 7.70 | 0.80 | 5.00 | 0.16 | 0.66 | 15 | 33 | -0.27 | -0.14 | 152.96 | 135.00 | 4/24/2026 | Yes | 10 | 66 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.31 | 0.64 | 0.08 | 0.50 | 0.16 | 0.32 | 1 | 4 | -0.25 | -0.01 | 24.54 | 23.00 | 4/24/2026 | No | 6 | 57 | None | |
| V | Visa Inc - Class A | Options Chain | 5.60 | 8.20 | 0.77 | 5.00 | 0.15 | 0.31 | 2 | 1 | -0.30 | -0.15 | 315.97 | 300.00 | 4/24/2026 | No | 10 | 65 | None | |
| SPG | Simon Property Group Inc | Options Chain | 1.95 | 3.30 | 0.75 | 5.00 | 0.15 | 0.26 | 7 | 19 | -0.18 | -0.03 | 194.88 | 180.00 | 4/17/2026 | No | 14 | 74 | None | |
| OKE | Oneok Inc | Options Chain | 1.30 | 1.60 | 0.75 | 5.00 | 0.15 | 0.35 | 46 | 33 | -0.24 | -0.05 | 85.60 | 80.00 | 4/17/2026 | No | 10 | 66 | None | |
| PPL | PPL Corp | Options Chain | 0.40 | 0.70 | 0.15 | 1.00 | 0.15 | 0.21 | 2 | 10 | -0.30 | -0.01 | 38.55 | 37.00 | 4/17/2026 | No | 8 | 66 | None |