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.

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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 13.40 15.00 3.62 10.00 0.36 0.74 202 184 -0.28 -0.19 238.16 210.00 7/17/2026 No 11 64 None
DELL Dell Technologies Inc - Class C Options Chain 16.05 16.70 3.55 10.00 0.35 0.73 390 252 -0.27 -0.26 295.19 260.00 7/17/2026 Yes 11 53 None
NVT nVent Electric plc Options Chain 6.30 7.50 1.75 5.00 0.35 0.54 0 2 -0.29 -0.11 164.66 150.00 7/17/2026 No 7 58 None
ORCL Oracle Corp Options Chain 9.45 10.00 1.75 5.00 0.35 0.60 257 138 -0.30 -0.15 192.08 175.00 7/17/2026 Yes 7 61 None
HPE Hewlett Packard Enterprise Company Options Chain 1.73 1.92 0.35 1.00 0.35 0.60 6 8 -0.29 -0.03 37.58 34.00 7/17/2026 Yes 6 54 None
NXPI NXP Semiconductors NV Options Chain 10.80 12.60 3.30 10.00 0.33 0.48 11 2 -0.28 -0.19 316.47 290.00 7/17/2026 No 10 65 None
MSFT Microsoft Corporation Options Chain 9.10 9.30 1.57 5.00 0.31 0.28 365 318 -0.30 -0.17 418.57 400.00 7/17/2026 No 12 65 None
AA Alcoa Corp Options Chain 3.30 3.45 1.56 5.00 0.31 0.58 47 65 -0.29 -0.05 71.38 65.00 7/17/2026 No 13 53 None
AVGO Broadcom Inc Options Chain 15.70 16.50 3.10 10.00 0.31 0.50 326 138 -0.29 -0.26 414.14 380.00 7/17/2026 Yes 9 62 None
VST Vistra Corp Options Chain 6.05 6.60 1.55 5.00 0.31 0.48 52 118 -0.30 -0.10 156.27 145.00 7/17/2026 No 10 62 None
GLW Corning Inc Options Chain 10.25 11.05 1.52 5.00 0.30 0.72 54 45 -0.27 -0.16 194.05 170.00 7/17/2026 No 8 52 None
ZTS Zoetis Inc - Class A Options Chain 1.90 3.00 1.50 5.00 0.30 0.37 38 52 -0.25 -0.04 81.32 75.00 7/17/2026 No 15 65 None
TSM Taiwan Semiconductor Manufacturing Options Chain 12.10 12.90 2.85 10.00 0.29 0.44 1086 233 -0.26 -0.22 404.52 370.00 7/17/2026 No 20 62
Dividend Stock List
ALLY Ally Financial Inc Options Chain 1.20 1.45 0.28 1.00 0.28 0.38 0 21 -0.30 -0.02 42.35 40.00 7/17/2026 Yes 16 77 None
INTU Intuit Inc Options Chain 11.00 11.60 2.75 10.00 0.28 0.51 208 93 -0.26 -0.21 319.94 290.00 7/17/2026 No 16 67 None
BAC Bank Of America Corp Options Chain 1.00 1.24 0.27 1.00 0.27 0.29 337 87 -0.30 -0.02 51.80 49.00 7/17/2026 Yes 14 74 None
F Ford Motor Company Options Chain 0.48 0.49 0.27 1.00 0.27 0.40 1086 8101 -0.30 -0.01 14.93 14.00 7/17/2026 No 9 47 None
GE General Electric Company Options Chain 8.75 9.40 2.68 10.00 0.27 0.41 46 20 -0.28 -0.16 302.84 280.00 7/17/2026 No 10 64 None
IBM International Business Machines Corp Options Chain 6.25 7.00 1.33 5.00 0.27 0.39 191 326 -0.26 -0.13 253.84 235.00 7/17/2026 No 14 72 None
JPM JPMorgan Chase & Company Options Chain 5.80 6.30 1.30 5.00 0.26 0.27 59 4098 -0.28 -0.10 306.38 290.00 7/17/2026 Yes 11 79 None
DAL Delta Air Lines Inc Options Chain 2.51 2.87 0.65 2.50 0.26 0.47 33 126 -0.28 -0.05 76.14 70.00 7/17/2026 Yes 15 66 None
APH Amphenol Corp - Class A Options Chain 4.00 4.60 1.27 5.00 0.25 0.47 70 31 -0.27 -0.08 132.06 120.00 7/17/2026 No 12 62 None
AMKR AMKOR Technology Inc Options Chain 2.95 3.30 1.25 5.00 0.25 0.79 29 15 -0.22 -0.06 65.75 55.00 7/17/2026 No 14 52 None
HPQ HP Inc Options Chain 0.76 0.93 0.25 1.00 0.25 0.56 148 88 -0.24 -0.01 25.24 22.00 7/17/2026 Yes 10 48 None
WFC Wells Fargo & Company Options Chain 1.85 2.01 0.61 2.50 0.24 0.32 94 103 -0.30 -0.04 76.40 72.50 7/17/2026 Yes 10 65 None
PRU Prudential Financial Inc Options Chain 1.70 2.10 0.60 2.50 0.24 0.26 31 26 -0.25 -0.02 104.12 97.50 7/17/2026 No 13 59 None
BWA BorgWarner Inc Options Chain 1.85 2.30 0.60 2.50 0.24 0.46 4 0 -0.27 -0.04 65.82 60.00 7/17/2026 No 12 60 None
APA APA Corporation Options Chain 1.18 1.38 0.59 2.50 0.24 0.50 784 21 -0.26 -0.03 38.80 35.00 7/17/2026 No 15 62 None
DOW Dow Inc Options Chain 1.06 1.16 0.59 2.50 0.24 0.46 51 22 -0.26 -0.02 36.01 32.50 7/17/2026 No 5 51 None
EPD Enterprise Products Partners L P Options Chain 0.37 0.85 0.23 1.00 0.23 0.21 25 0 -0.27 -0.01 39.63 38.00 7/17/2026 No 9 59 None
FCX Freeport-McMoRan Inc Options Chain 1.75 1.87 1.15 5.00 0.23 0.49 192 191 -0.23 -0.03 61.99 55.00 7/17/2026 No 14 63 None
XOM Exxon Mobil Corp Options Chain 3.15 3.35 1.15 5.00 0.23 0.32 1256 650 -0.26 -0.07 154.92 145.00 7/17/2026 No 9 64 None
GM General Motors Company Options Chain 1.55 1.88 0.56 2.50 0.22 0.36 45 38 -0.25 -0.04 78.79 72.50 7/17/2026 No 11 66 None
PEP PepsiCo Inc Options Chain 2.11 2.24 1.11 5.00 0.22 0.25 48 75 -0.24 -0.03 150.57 140.00 7/17/2026 No 12 61 None
NTAP Netapp Inc Options Chain 3.80 4.40 1.10 5.00 0.22 0.47 11 26 -0.25 -0.07 139.36 125.00 7/17/2026 Yes 13 69 None
WMT Walmart Inc Options Chain 2.15 2.28 1.10 5.00 0.22 0.25 928 9031 -0.29 -0.04 120.27 115.00 7/17/2026 No 8 56 None
ABT Abbott Laboratories Options Chain 1.50 1.85 0.53 2.50 0.21 0.35 16 44 -0.23 -0.03 87.41 80.00 7/17/2026 Yes 12 64 None
VZ Verizon Communications Inc Options Chain 0.71 0.82 0.21 1.00 0.21 0.22 108 72 -0.28 -0.01 48.35 46.00 7/17/2026 No 13 73 None
MO Altria Group Inc Options Chain 1.06 1.23 0.51 2.50 0.20 0.22 27 23 -0.26 -0.01 73.90 70.00 7/17/2026 No 8 59 None
CSCO Cisco Systems Inc Options Chain 2.31 2.44 0.98 5.00 0.20 0.35 133 249 -0.23 -0.04 120.41 110.00 7/17/2026 No 10 62 None
SCHW Charles Schwab Corp Options Chain 1.54 1.76 0.49 2.50 0.20 0.29 9 133 -0.26 -0.04 90.15 85.00 7/17/2026 Yes 16 69 None
UNH Unitedhealth Group Inc Options Chain 6.30 6.75 1.93 10.00 0.19 0.29 81 87 -0.24 -0.12 388.47 360.00 7/17/2026 No 11 64 None
KMI Kinder Morgan Inc - Class P Options Chain 0.47 0.64 0.19 1.00 0.19 0.25 47 20 -0.25 -0.01 33.79 32.00 7/17/2026 Yes 11 67 None
GFI Gold Fields Ltd Options Chain 1.30 1.45 0.93 5.00 0.19 0.56 54 11 -0.24 -0.03 39.53 35.00 7/17/2026 No 11 56 None
EQT EQT Corp Options Chain 0.77 1.10 0.46 2.50 0.18 0.34 15 91 -0.20 -0.02 57.92 52.50 7/17/2026 No 16 72 None
BKR Baker Hughes Co - Class A Options Chain 1.25 1.70 0.90 5.00 0.18 0.39 34 1 -0.23 -0.03 66.06 60.00 7/17/2026 No 12 55 None
EXC Exelon Corp Options Chain 0.55 0.80 0.18 1.00 0.18 0.21 0 30 -0.28 -0.01 46.23 44.00 7/17/2026 No 8 57 None
CGNX Cognex Corp Options Chain 1.75 2.10 0.88 5.00 0.18 0.46 57 0 -0.25 -0.04 66.09 60.00 7/17/2026 No 14 57 None
TGT Target Corp Options Chain 1.94 2.10 0.87 5.00 0.17 0.32 151 47 -0.22 -0.05 125.60 115.00 7/17/2026 No 12 62 None
KEY Keycorp Options Chain 0.30 0.50 0.17 1.00 0.17 0.30 2 0 -0.25 -0.01 21.56 20.00 7/17/2026 No 9 59 None
BMY Bristol-Myers Squibb Company Options Chain 0.80 0.88 0.42 2.50 0.17 0.27 19 24 -0.23 -0.02 59.46 55.00 7/17/2026 No 11 53 None
C Citigroup Inc Options Chain 2.16 2.44 0.83 5.00 0.17 0.34 65 70 -0.22 -0.06 125.09 115.00 7/17/2026 Yes 12 69 None
GIS General Mills Inc Options Chain 0.55 0.65 0.40 2.50 0.16 0.39 653 27 -0.20 -0.01 33.69 30.00 7/17/2026 Yes 9 52 None
JNJ Johnson & Johnson Options Chain 2.87 3.25 1.57 10.00 0.16 0.24 178 229 -0.24 -0.06 234.34 220.00 7/17/2026 Yes 9 66 None
DVN Devon Energy Corp Options Chain 0.89 1.04 0.39 2.50 0.16 0.39 210 15 -0.24 -0.02 47.22 42.50 7/17/2026 No 10 60 None
HON Honeywell International Inc Options Chain 3.10 3.70 1.50 10.00 0.15 0.30 19 17 -0.21 -0.09 227.92 210.00 7/17/2026 No 8 69 None
ERIC Telefonaktiebolaget L M Ericsson Options Chain 0.20 0.35 0.15 1.00 0.15 0.42 6 5 -0.21 -0.01 13.50 12.00 7/17/2026 No 15 51 None
KDP Keurig Dr Pepper Inc Options Chain 0.25 0.50 0.15 1.00 0.15 0.25 1 1 -0.23 -0.01 29.12 27.00 7/17/2026 No 13 57 None