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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMKR | AMKOR Technology Inc | Options Chain | 3.20 | 3.90 | 0.45 | 1.00 | 0.45 | 0.99 | 1 | 1 | -0.29 | -0.05 | 45.69 | 39.00 | 9/18/2026 | No | 14 | 51 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 3.05 | 3.35 | 0.37 | 1.00 | 0.37 | 0.85 | 13 | 6 | -0.30 | -0.05 | 45.59 | 40.00 | 9/18/2026 | Yes | 8 | 51 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 27.50 | 28.85 | 3.65 | 10.00 | 0.36 | 0.94 | 285 | 5 | -0.29 | -0.46 | 392.10 | 330.00 | 9/18/2026 | Yes | 14 | 57 | None | |
| GLW | Corning Inc | Options Chain | 7.75 | 8.40 | 1.70 | 5.00 | 0.34 | 0.83 | 69 | 31 | -0.28 | -0.13 | 126.01 | 110.00 | 9/18/2026 | Yes | 10 | 54 | None | |
| QCOM | Qualcomm Inc | Options Chain | 7.90 | 8.30 | 1.67 | 5.00 | 0.33 | 0.64 | 56 | 103 | -0.30 | -0.13 | 162.88 | 145.00 | 9/18/2026 | Yes | 11 | 64 | None | |
| COST | Costco Wholesale Corp | Options Chain | 17.05 | 18.65 | 1.65 | 5.00 | 0.33 | 0.23 | 10 | 15 | -0.29 | -0.36 | 966.58 | 940.00 | 9/18/2026 | No | 14 | 59 | None | |
| ORCL | Oracle Corp | Options Chain | 6.75 | 6.90 | 1.65 | 5.00 | 0.33 | 0.76 | 160 | 531 | -0.30 | -0.12 | 119.96 | 105.00 | 9/18/2026 | Yes | 10 | 71 | None | |
| CRM | Salesforce Inc | Options Chain | 7.35 | 8.45 | 1.62 | 5.00 | 0.32 | 0.51 | 39 | 94 | -0.30 | -0.13 | 181.50 | 175.00 | 9/18/2026 | Yes | 15 | 71 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 10.50 | 11.70 | 3.15 | 10.00 | 0.32 | 0.59 | 52 | 32 | -0.30 | -0.19 | 259.12 | 220.00 | 9/18/2026 | Yes | 10 | 66 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 14.05 | 14.75 | 3.05 | 10.00 | 0.30 | 0.50 | 107 | 1165 | -0.30 | -0.25 | 392.31 | 350.00 | 9/18/2026 | No | 23 | 65 |
Dividend Stock List |
|
| VST | Vistra Corp | Options Chain | 5.55 | 5.85 | 1.52 | 5.00 | 0.30 | 0.56 | 43 | 28 | -0.28 | -0.11 | 148.64 | 130.00 | 9/18/2026 | Yes | 8 | 62 | None | |
| IBM | International Business Machines Corp | Options Chain | 7.15 | 7.55 | 1.50 | 5.00 | 0.30 | 0.44 | 107 | 12 | -0.30 | -0.12 | 227.55 | 210.00 | 9/18/2026 | No | 13 | 74 | None | |
| NEM | Newmont Corp | Options Chain | 2.44 | 2.51 | 0.72 | 2.50 | 0.29 | 0.43 | 92 | 32 | -0.28 | -0.05 | 91.52 | 82.50 | 9/18/2026 | No | 14 | 64 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 3.90 | 4.55 | 1.43 | 5.00 | 0.29 | 0.49 | 70 | 65 | -0.28 | -0.08 | 115.58 | 105.00 | 9/18/2026 | Yes | 9 | 62 | None | |
| NVO | Novo Nordisk | Options Chain | 1.60 | 1.67 | 0.71 | 2.50 | 0.28 | 0.43 | 79 | 72 | -0.29 | -0.03 | 50.96 | 47.50 | 9/18/2026 | Yes | 13 | 52 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 5.60 | 6.00 | 1.40 | 5.00 | 0.28 | 0.56 | 40 | 25 | -0.27 | -0.10 | 143.85 | 135.00 | 9/18/2026 | Yes | 8 | 58 | None | |
| COKE | Coca-Cola Consolidated Inc | Options Chain | 4.90 | 8.90 | 1.35 | 5.00 | 0.27 | 0.44 | 1 | 0 | -0.29 | -0.14 | 195.00 | 180.00 | 9/18/2026 | Yes | 11 | 52 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.79 | 0.89 | 0.27 | 1.00 | 0.27 | 0.26 | 18 | 144 | -0.28 | -0.02 | 48.19 | 46.00 | 9/18/2026 | No | 9 | 64 | None | |
| V | Visa Inc - Class A | Options Chain | 6.10 | 6.50 | 1.32 | 5.00 | 0.26 | 0.23 | 21 | 47 | -0.26 | -0.13 | 366.59 | 355.00 | 9/18/2026 | Yes | 11 | 69 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.32 | 2.51 | 1.32 | 5.00 | 0.26 | 0.54 | 399 | 113 | -0.29 | -0.04 | 61.64 | 55.00 | 9/18/2026 | No | 10 | 63 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.00 | 6.30 | 1.27 | 5.00 | 0.25 | 0.24 | 227 | 82 | -0.29 | -0.13 | 357.31 | 335.00 | 9/18/2026 | No | 9 | 71 | None | |
| HPQ | HP Inc | Options Chain | 0.85 | 0.99 | 0.25 | 1.00 | 0.25 | 0.56 | 13 | 4 | -0.25 | -0.02 | 28.29 | 25.00 | 9/18/2026 | Yes | 12 | 47 | None | |
| JCI | Johnson Controls International plc | Options Chain | 3.20 | 4.30 | 1.22 | 5.00 | 0.24 | 0.36 | 0 | 3 | -0.30 | -0.07 | 140.28 | 130.00 | 9/18/2026 | Yes | 8 | 58 | None | |
| TGT | Target Corp | Options Chain | 3.60 | 3.80 | 1.21 | 5.00 | 0.24 | 0.40 | 9 | 16 | -0.26 | -0.06 | 144.20 | 135.00 | 9/18/2026 | Yes | 9 | 62 | None | |
| EQT | EQT Corp | Options Chain | 0.97 | 1.00 | 0.60 | 2.50 | 0.24 | 0.28 | 315 | 38 | -0.28 | -0.02 | 51.66 | 50.00 | 9/18/2026 | No | 15 | 69 | None | |
| OKE | Oneok Inc | Options Chain | 2.00 | 2.25 | 1.18 | 5.00 | 0.24 | 0.30 | 7 | 8 | -0.27 | -0.03 | 88.80 | 85.00 | 9/18/2026 | Yes | 13 | 74 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.21 | 1.39 | 0.57 | 2.50 | 0.23 | 0.31 | 99 | 53 | -0.27 | -0.03 | 63.60 | 60.00 | 9/18/2026 | Yes | 15 | 68 | None | |
| APD | Air Products & Chemicals Inc | Options Chain | 5.30 | 6.60 | 2.25 | 10.00 | 0.23 | 0.29 | 2 | 4 | -0.30 | -0.12 | 292.85 | 280.00 | 9/18/2026 | Yes | 6 | 63 | None | |
| C | Citigroup Inc | Options Chain | 2.79 | 2.90 | 1.10 | 5.00 | 0.22 | 0.33 | 43 | 46 | -0.27 | -0.05 | 132.47 | 120.00 | 9/18/2026 | No | 14 | 69 | None | |
| PG | Procter & Gamble Company | Options Chain | 2.30 | 2.39 | 1.10 | 5.00 | 0.22 | 0.23 | 72 | 433 | -0.30 | -0.05 | 148.88 | 140.00 | 9/18/2026 | Yes | 9 | 65 | None | |
| EXC | Exelon Corp | Options Chain | 0.50 | 1.10 | 0.22 | 1.00 | 0.22 | 0.24 | 2 | 0 | -0.28 | -0.01 | 47.31 | 45.00 | 9/18/2026 | Yes | 11 | 65 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.75 | 2.90 | 1.09 | 5.00 | 0.22 | 0.32 | 387 | 215 | -0.23 | -0.05 | 153.04 | 145.00 | 9/18/2026 | Yes | 9 | 64 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.49 | 1.54 | 0.54 | 2.50 | 0.22 | 0.28 | 120 | 152 | -0.27 | -0.03 | 86.87 | 80.00 | 9/18/2026 | No | 14 | 74 | None | |
| APA | APA Corporation | Options Chain | 0.91 | 0.99 | 0.51 | 2.50 | 0.20 | 0.48 | 1 | 31 | -0.23 | -0.02 | 34.93 | 32.50 | 9/18/2026 | Yes | 15 | 64 | None | |
| BCS | Barclays plc | Options Chain | 0.45 | 0.60 | 0.20 | 1.00 | 0.20 | 0.35 | 20 | 0 | -0.26 | -0.01 | 26.98 | 24.00 | 9/18/2026 | Yes | 18 | 62 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.75 | 3.95 | 1.90 | 10.00 | 0.19 | 0.27 | 38 | 24 | -0.23 | -0.08 | 266.73 | 250.00 | 9/18/2026 | No | 9 | 66 | None | |
| MKC | McCormick & Co. Inc (Non Voting) | Options Chain | 1.30 | 1.50 | 0.95 | 5.00 | 0.19 | 0.35 | 2 | 2 | -0.30 | -0.03 | 51.53 | 50.00 | 9/18/2026 | No | 11 | 65 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.42 | 0.47 | 0.19 | 1.00 | 0.19 | 0.24 | 17 | 0 | -0.21 | -0.01 | 31.61 | 30.00 | 9/18/2026 | No | 9 | 59 | None | |
| KR | Kroger Company | Options Chain | 0.94 | 1.03 | 0.46 | 2.50 | 0.18 | 0.34 | 139 | 31 | -0.22 | -0.02 | 59.19 | 55.00 | 9/18/2026 | Yes | 12 | 55 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.85 | 0.92 | 0.45 | 2.50 | 0.18 | 0.26 | 7 | 2 | -0.24 | -0.03 | 64.43 | 60.00 | 9/18/2026 | No | 15 | 74 | None | |
| PCG | PG&E Corp | Options Chain | 0.37 | 0.45 | 0.18 | 1.00 | 0.18 | 0.45 | 0 | 554 | -0.23 | -0.01 | 17.78 | 16.00 | 9/18/2026 | No | 9 | 52 | None | |
| T | AT&T Inc | Options Chain | 0.37 | 0.40 | 0.18 | 1.00 | 0.18 | 0.28 | 1226 | 110 | -0.24 | -0.01 | 24.66 | 23.00 | 9/18/2026 | No | 11 | 59 | None | |
| SIRI | Sirius XM Holdings Inc | Options Chain | 0.56 | 0.75 | 0.18 | 1.00 | 0.18 | 0.39 | 1 | 0 | -0.25 | -0.01 | 31.50 | 29.00 | 9/18/2026 | Yes | 11 | 60 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.70 | 0.85 | 0.18 | 1.00 | 0.18 | 0.31 | 2 | 3 | -0.25 | -0.02 | 44.11 | 41.00 | 9/18/2026 | No | 10 | 65 | None | |
| BTI | British American Tobacco Plc | Options Chain | 1.15 | 1.40 | 0.85 | 5.00 | 0.17 | 0.28 | 1 | 5 | -0.28 | -0.03 | 62.30 | 60.00 | 9/18/2026 | No | 10 | 62 | None | |
| KO | Coca-Cola Company | Options Chain | 0.99 | 1.10 | 0.42 | 2.50 | 0.17 | 0.23 | 107 | 49 | -0.23 | -0.02 | 88.27 | 85.00 | 9/18/2026 | Yes | 11 | 69 | None | |
| WMT | Walmart Inc | Options Chain | 1.62 | 1.66 | 0.83 | 5.00 | 0.17 | 0.31 | 1132 | 70 | -0.21 | -0.04 | 113.10 | 105.00 | 9/18/2026 | Yes | 11 | 59 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.37 | 0.42 | 0.23 | 1.50 | 0.15 | 0.35 | 266 | 30 | -0.20 | -0.01 | 24.19 | 22.50 | 9/18/2026 | No | 15 | 66 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.55 | 0.70 | 0.15 | 1.00 | 0.15 | 0.41 | 20 | 50 | -0.23 | -0.01 | 27.66 | 26.00 | 9/18/2026 | Yes | 13 | 65 | None | |
| F | Ford Motor Company | Options Chain | 0.27 | 0.31 | 0.15 | 1.00 | 0.15 | 0.38 | 836 | 609 | -0.24 | -0.01 | 14.96 | 14.00 | 9/18/2026 | Yes | 9 | 47 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.40 | 0.15 | 1.00 | 0.15 | 0.28 | 0 | 3 | -0.25 | -0.01 | 22.63 | 21.00 | 9/18/2026 | No | 14 | 68 | None |