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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ORCL | Oracle Corp | Options Chain | 5.80 | 6.10 | 1.50 | 5.00 | 0.30 | 0.64 | 108 | 115 | -0.25 | -0.11 | 146.47 | 125.00 | 10/16/2026 | Yes | 9 | 67 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.60 | 0.80 | 0.30 | 1.00 | 0.30 | 0.38 | 10 | 9 | -0.30 | -0.01 | 23.76 | 22.00 | 10/16/2026 | No | 9 | 59 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.00 | 6.95 | 1.48 | 5.00 | 0.30 | 0.25 | 89 | 16 | -0.29 | -0.12 | 351.58 | 340.00 | 10/16/2026 | Yes | 13 | 80 | None | |
| GM | General Motors Company | Options Chain | 2.21 | 2.44 | 0.73 | 2.50 | 0.29 | 0.34 | 48 | 21 | -0.30 | -0.04 | 87.00 | 82.50 | 10/16/2026 | No | 9 | 63 | None | |
| HPQ | HP Inc | Options Chain | 1.05 | 1.18 | 0.29 | 1.00 | 0.29 | 0.51 | 328 | 86 | -0.29 | -0.02 | 29.71 | 26.00 | 10/16/2026 | Yes | 12 | 45 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.55 | 10.10 | 1.43 | 5.00 | 0.29 | 0.28 | 131 | 676 | -0.28 | -0.21 | 483.24 | 465.00 | 10/16/2026 | No | 14 | 72 | None | |
| SWK | Stanley Black & Decker Inc | Options Chain | 2.35 | 2.90 | 0.70 | 2.50 | 0.28 | 0.35 | 1 | 3 | -0.30 | -0.04 | 100.13 | 92.50 | 10/16/2026 | No | 11 | 58 | None | |
| VST | Vistra Corp | Options Chain | 3.90 | 4.35 | 1.39 | 5.00 | 0.28 | 0.44 | 551 | 55 | -0.27 | -0.08 | 137.75 | 125.00 | 10/16/2026 | No | 7 | 54 | None | |
| JCI | Johnson Controls International plc | Options Chain | 3.00 | 3.30 | 1.35 | 5.00 | 0.27 | 0.31 | 3 | 86 | -0.28 | -0.06 | 143.05 | 135.00 | 10/16/2026 | No | 8 | 59 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.56 | 2.86 | 1.33 | 5.00 | 0.27 | 0.52 | 316 | 644 | -0.26 | -0.05 | 77.93 | 70.00 | 10/16/2026 | No | 11 | 59 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.80 | 10.35 | 2.63 | 10.00 | 0.26 | 0.38 | 1667 | 353 | -0.26 | -0.20 | 419.55 | 380.00 | 10/16/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| QCOM | Qualcomm Inc | Options Chain | 4.20 | 4.75 | 1.30 | 5.00 | 0.26 | 0.43 | 47 | 133 | -0.26 | -0.08 | 160.75 | 145.00 | 10/16/2026 | No | 10 | 63 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.26 | 1.33 | 0.64 | 2.50 | 0.26 | 0.43 | 1910 | 112 | -0.29 | -0.02 | 40.76 | 37.50 | 10/16/2026 | Yes | 13 | 59 | None | |
| JNJ | Johnson & Johnson | Options Chain | 4.70 | 5.35 | 2.52 | 10.00 | 0.25 | 0.26 | 14 | 400 | -0.29 | -0.09 | 270.24 | 260.00 | 10/16/2026 | Yes | 9 | 66 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.70 | 5.15 | 1.25 | 5.00 | 0.25 | 0.35 | 196 | 58 | -0.25 | -0.11 | 235.68 | 215.00 | 10/16/2026 | No | 9 | 66 | None | |
| V | Visa Inc - Class A | Options Chain | 5.90 | 6.60 | 1.25 | 5.00 | 0.25 | 0.21 | 31 | 79 | -0.30 | -0.13 | 371.04 | 370.00 | 10/16/2026 | No | 10 | 64 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.00 | 3.25 | 1.24 | 5.00 | 0.25 | 0.29 | 108 | 325 | -0.26 | -0.07 | 165.20 | 155.00 | 10/16/2026 | No | 13 | 73 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.45 | 1.85 | 0.62 | 2.50 | 0.25 | 0.40 | 6 | 3 | -0.25 | -0.03 | 67.53 | 60.00 | 10/16/2026 | No | 9 | 62 | None | |
| TGT | Target Corp | Options Chain | 3.40 | 3.75 | 1.23 | 5.00 | 0.25 | 0.32 | 159 | 158 | -0.27 | -0.08 | 165.25 | 160.00 | 10/16/2026 | No | 14 | 73 | None | |
| MO | Altria Group Inc | Options Chain | 1.20 | 1.34 | 0.61 | 2.50 | 0.24 | 0.24 | 163 | 91 | -0.28 | -0.01 | 66.09 | 65.00 | 10/16/2026 | No | 9 | 66 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 9.20 | 9.80 | 2.40 | 10.00 | 0.24 | 0.43 | 8 | 10 | -0.25 | -0.20 | 360.72 | 330.00 | 10/16/2026 | No | 14 | 71 | None | |
| GFI | Gold Fields Ltd | Options Chain | 1.25 | 2.10 | 1.20 | 5.00 | 0.24 | 0.63 | 127 | 18 | -0.21 | -0.02 | 47.35 | 40.00 | 10/16/2026 | No | 15 | 66 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.88 | 2.26 | 1.18 | 5.00 | 0.24 | 0.67 | 306 | 13 | -0.23 | -0.04 | 53.55 | 45.00 | 10/16/2026 | Yes | 8 | 52 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.50 | 7.95 | 2.35 | 10.00 | 0.24 | 0.32 | 41 | 72 | -0.25 | -0.15 | 390.11 | 370.00 | 10/16/2026 | No | 10 | 58 | None | |
| MS | Morgan Stanley | Options Chain | 4.15 | 4.45 | 1.17 | 5.00 | 0.23 | 0.33 | 28 | 159 | -0.25 | -0.10 | 214.20 | 200.00 | 10/16/2026 | Yes | 10 | 67 | None | |
| GLW | Corning Inc | Options Chain | 5.40 | 6.80 | 1.17 | 5.00 | 0.23 | 0.62 | 42 | 149 | -0.28 | -0.12 | 149.84 | 130.00 | 10/16/2026 | No | 8 | 52 | None | |
| XYL | Xylem Inc | Options Chain | 1.15 | 2.60 | 1.15 | 5.00 | 0.23 | 0.28 | 17 | 0 | -0.20 | -0.04 | 114.77 | 105.00 | 10/16/2026 | No | 12 | 58 | None | |
| MET | Metlife Inc | Options Chain | 1.55 | 1.75 | 0.57 | 2.50 | 0.23 | 0.23 | 22 | 12 | -0.30 | -0.03 | 94.34 | 92.50 | 10/16/2026 | No | 15 | 60 | None | |
| NRG | NRG Energy Inc | Options Chain | 2.50 | 2.80 | 1.10 | 5.00 | 0.22 | 0.45 | 8 | 1 | -0.22 | -0.07 | 113.11 | 100.00 | 10/16/2026 | No | 7 | 59 | None | |
| EQT | EQT Corp | Options Chain | 0.83 | 1.00 | 0.55 | 2.50 | 0.22 | 0.30 | 28 | 6 | -0.24 | -0.02 | 54.43 | 50.00 | 10/16/2026 | No | 14 | 69 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.60 | 0.69 | 0.21 | 1.00 | 0.21 | 0.24 | 160 | 828 | -0.23 | -0.01 | 49.35 | 47.00 | 10/16/2026 | No | 9 | 73 | None | |
| EVRG | Evergy Inc | Options Chain | 0.70 | 1.70 | 0.52 | 2.50 | 0.21 | 0.23 | 35 | 2 | -0.23 | -0.03 | 81.39 | 77.50 | 10/16/2026 | No | 7 | 64 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.88 | 1.03 | 0.51 | 2.50 | 0.20 | 0.33 | 45 | 24 | -0.22 | -0.02 | 61.23 | 55.00 | 10/16/2026 | No | 10 | 62 | None | |
| KR | Kroger Company | Options Chain | 0.95 | 1.23 | 0.50 | 2.50 | 0.20 | 0.32 | 14 | 11 | -0.24 | -0.03 | 57.82 | 55.00 | 10/16/2026 | Yes | 9 | 55 | None | |
| OTIS | Otis Worldwide Corp | Options Chain | 0.65 | 0.80 | 0.48 | 2.50 | 0.19 | 0.23 | 30 | 3 | -0.21 | -0.02 | 71.49 | 67.50 | 10/16/2026 | No | 12 | 54 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.31 | 0.48 | 0.19 | 1.00 | 0.19 | 0.16 | 39 | 0 | -0.27 | -0.01 | 38.42 | 37.00 | 10/16/2026 | No | 12 | 68 | None | |
| F | Ford Motor Company | Options Chain | 0.29 | 0.32 | 0.19 | 1.00 | 0.19 | 0.34 | 2221 | 198 | -0.27 | -0.01 | 13.93 | 13.00 | 10/16/2026 | No | 9 | 48 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.39 | 1.59 | 0.47 | 2.50 | 0.19 | 0.28 | 188 | 600 | -0.27 | -0.03 | 83.84 | 80.00 | 10/16/2026 | Yes | 16 | 74 | None | |
| PEP | PepsiCo Inc | Options Chain | 1.70 | 1.89 | 0.90 | 5.00 | 0.18 | 0.23 | 118 | 66 | -0.21 | -0.03 | 143.48 | 135.00 | 10/16/2026 | Yes | 14 | 61 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.07 | 1.41 | 0.45 | 2.50 | 0.18 | 0.22 | 79 | 113 | -0.27 | -0.02 | 84.03 | 80.00 | 10/16/2026 | No | 7 | 65 | None | |
| HAL | Halliburton Company | Options Chain | 0.57 | 0.88 | 0.18 | 1.00 | 0.18 | 0.34 | 7 | 26 | -0.26 | -0.01 | 35.34 | 32.00 | 10/16/2026 | No | 12 | 56 | None | |
| KO | Coca-Cola Company | Options Chain | 0.97 | 1.09 | 0.44 | 2.50 | 0.18 | 0.19 | 96 | 297 | -0.24 | -0.02 | 91.10 | 87.50 | 10/16/2026 | No | 11 | 67 | None | |
| PCG | PG&E Corp | Options Chain | 0.34 | 0.46 | 0.17 | 1.00 | 0.17 | 0.45 | 81 | 203 | -0.22 | -0.01 | 17.60 | 16.00 | 10/16/2026 | No | 9 | 50 | None | |
| T | AT&T Inc | Options Chain | 0.36 | 0.38 | 0.17 | 1.00 | 0.17 | 0.26 | 221 | 102 | -0.25 | -0.01 | 25.29 | 24.00 | 10/16/2026 | No | 14 | 67 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.25 | 1.60 | 0.85 | 5.00 | 0.17 | 0.38 | 13 | 4 | -0.24 | -0.03 | 66.76 | 60.00 | 10/16/2026 | No | 12 | 72 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.52 | 1.98 | 0.85 | 5.00 | 0.17 | 0.20 | 150 | 54 | -0.27 | -0.04 | 144.68 | 140.00 | 10/16/2026 | No | 12 | 72 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.15 | 1.40 | 0.78 | 5.00 | 0.16 | 0.35 | 222 | 75 | -0.20 | -0.04 | 77.73 | 70.00 | 10/16/2026 | No | 15 | 65 | None | |
| WMT | Walmart Inc | Options Chain | 1.13 | 1.24 | 0.75 | 5.00 | 0.15 | 0.22 | 1316 | 439 | -0.24 | -0.04 | 103.70 | 100.00 | 10/16/2026 | No | 9 | 60 | None | |
| KEY | Keycorp | Options Chain | 0.20 | 0.40 | 0.15 | 1.00 | 0.15 | 0.30 | 25 | 0 | -0.19 | -0.01 | 21.87 | 20.00 | 10/16/2026 | Yes | 10 | 59 | None | |
| VTRS | Viatris Inc | Options Chain | 0.10 | 0.40 | 0.15 | 1.00 | 0.15 | 0.33 | 23 | 0 | -0.20 | -0.01 | 16.32 | 15.00 | 10/16/2026 | No | 6 | 51 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.29 | 0.41 | 0.15 | 1.00 | 0.15 | 0.24 | 50 | 0 | -0.21 | -0.01 | 30.98 | 29.00 | 10/16/2026 | No | 9 | 61 | None | |
| EXC | Exelon Corp | Options Chain | 0.40 | 0.80 | 0.15 | 1.00 | 0.15 | 0.21 | 27 | 0 | -0.24 | -0.01 | 44.34 | 42.00 | 10/16/2026 | No | 11 | 64 | None |