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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HAL | Halliburton Company | Options Chain | 0.82 | 1.17 | 0.41 | 1.00 | 0.41 | 0.38 | 1 | 0 | -0.30 | -0.02 | 32.72 | 31.00 | 11/20/2026 | Yes | 10 | 48 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.25 | 1.60 | 0.38 | 1.00 | 0.38 | 0.48 | 3 | 8 | -0.29 | -0.03 | 45.92 | 41.00 | 11/20/2026 | Yes | 19 | 67 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 1.10 | 1.50 | 0.32 | 1.00 | 0.32 | 0.28 | 0 | 2 | -0.30 | -0.02 | 51.00 | 49.00 | 11/20/2026 | Yes | 7 | 65 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.65 | 5.95 | 1.52 | 5.00 | 0.30 | 0.49 | 90 | 141 | -0.29 | -0.13 | 180.91 | 165.00 | 11/20/2026 | Yes | 10 | 63 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.87 | 0.93 | 0.30 | 1.00 | 0.30 | 0.25 | 13 | 2 | -0.27 | -0.01 | 45.98 | 44.00 | 11/20/2026 | Yes | 9 | 73 | None | |
| STM | ST Microelectronics | Options Chain | 2.00 | 2.15 | 0.28 | 1.00 | 0.28 | 0.63 | 11 | 0 | -0.24 | -0.05 | 58.72 | 50.00 | 11/20/2026 | Yes | 12 | 53 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.25 | 10.60 | 2.80 | 10.00 | 0.28 | 0.32 | 211 | 411 | -0.28 | -0.24 | 483.96 | 450.00 | 11/20/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.76 | 2.95 | 1.39 | 5.00 | 0.28 | 0.59 | 43 | 101 | -0.28 | -0.06 | 70.48 | 65.00 | 11/20/2026 | No | 12 | 57 | None | |
| ORCL | Oracle Corp | Options Chain | 4.35 | 4.45 | 1.36 | 5.00 | 0.27 | 0.51 | 132 | 167 | -0.25 | -0.09 | 144.77 | 130.00 | 11/20/2026 | No | 7 | 62 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.45 | 0.65 | 0.24 | 1.00 | 0.24 | 0.37 | 1 | 1 | -0.25 | -0.01 | 21.56 | 20.00 | 11/20/2026 | Yes | 12 | 61 | None | |
| HPQ | HP Inc | Options Chain | 0.69 | 0.74 | 0.23 | 1.00 | 0.23 | 0.45 | 26 | 21 | -0.26 | -0.02 | 31.73 | 29.00 | 11/20/2026 | No | 10 | 46 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.73 | 0.80 | 0.21 | 1.00 | 0.21 | 0.29 | 8 | 6 | -0.18 | -0.02 | 54.09 | 50.00 | 11/20/2026 | Yes | 14 | 74 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.89 | 1.24 | 0.52 | 2.50 | 0.21 | 0.35 | 2 | 1 | -0.23 | -0.03 | 59.45 | 55.00 | 11/20/2026 | Yes | 11 | 54 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.99 | 1.10 | 0.52 | 2.50 | 0.21 | 0.36 | 6 | 10 | -0.27 | -0.03 | 48.02 | 45.00 | 11/20/2026 | Yes | 13 | 66 | None | |
| NEE | NextEra Energy Inc | Options Chain | 0.95 | 1.04 | 0.51 | 2.50 | 0.20 | 0.26 | 4 | 0 | -0.21 | -0.03 | 77.88 | 72.50 | 11/20/2026 | Yes | 7 | 63 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.60 | 0.85 | 0.20 | 1.00 | 0.20 | 0.40 | 0 | 1 | -0.28 | -0.01 | 30.38 | 28.00 | 11/20/2026 | Yes | 7 | 58 | None | |
| KO | Coca-Cola Company | Options Chain | 0.96 | 1.03 | 0.49 | 2.50 | 0.20 | 0.21 | 0 | 19 | -0.23 | -0.03 | 86.17 | 82.50 | 11/20/2026 | Yes | 9 | 61 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.41 | 0.48 | 0.19 | 1.00 | 0.19 | 0.27 | 1 | 0 | -0.23 | -0.01 | 32.16 | 30.00 | 11/20/2026 | Yes | 10 | 59 | None | |
| T | AT&T Inc | Options Chain | 0.35 | 0.40 | 0.19 | 1.00 | 0.19 | 0.28 | 45 | 12 | -0.23 | -0.01 | 24.43 | 23.00 | 11/20/2026 | Yes | 10 | 60 | None | |
| GIS | General Mills Inc | Options Chain | 0.55 | 0.65 | 0.45 | 2.50 | 0.18 | 0.32 | 6 | 2 | -0.23 | -0.01 | 32.18 | 30.00 | 11/20/2026 | No | 6 | 53 | None | |
| NVO | Novo Nordisk | Options Chain | 0.70 | 0.72 | 0.44 | 2.50 | 0.18 | 0.38 | 114 | 5 | -0.24 | -0.02 | 37.54 | 35.00 | 11/20/2026 | Yes | 14 | 59 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.70 | 0.80 | 0.40 | 2.50 | 0.16 | 0.31 | 4 | 0 | -0.26 | -0.02 | 46.25 | 42.50 | 11/20/2026 | Yes | 15 | 79 | None | |
| F | Ford Motor Company | Options Chain | 0.23 | 0.25 | 0.15 | 1.00 | 0.15 | 0.40 | 15 | 1 | -0.20 | 0.00 | 12.28 | 11.00 | 11/20/2026 | Yes | 9 | 51 | None |