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
ORCL Oracle Corp Options Chain 9.70 10.00 1.75 5.00 0.35 0.69 223 531 -0.30 -0.20 185.35 175.00 6/18/2026 Yes 9 66 None
GLW Corning Inc Options Chain 8.00 8.60 1.60 5.00 0.32 0.70 236 208 -0.29 -0.18 162.10 165.00 6/18/2026 No 8 55 None
DELL Dell Technologies Inc - Class C Options Chain 10.45 10.75 3.15 10.00 0.32 0.67 102 113 -0.29 -0.23 216.32 210.00 6/18/2026 Yes 15 60 None
QCOM Qualcomm Inc Options Chain 6.50 7.00 1.57 5.00 0.31 0.50 162 224 -0.29 -0.14 186.55 180.00 6/18/2026 No 11 63 None
RRC Range Resources Corp Options Chain 0.90 1.00 0.30 1.00 0.30 0.35 0 10 -0.29 -0.02 43.04 39.00 6/18/2026 No 12 54 None
LYB LyondellBasell Industries NV - Class A Options Chain 2.30 2.50 0.72 2.50 0.29 0.47 34 31 -0.28 -0.04 77.76 67.50 6/18/2026 No 7 60 None
EQNR Equinor ASA Options Chain 0.95 1.10 0.28 1.00 0.28 0.42 18 30 -0.29 -0.02 41.36 35.00 6/18/2026 Yes 8 49 None
PR Permian Resources Corp - Class A Options Chain 0.50 0.70 0.27 1.00 0.27 0.39 2 13 -0.29 -0.01 22.41 20.00 6/18/2026 Yes 10 65 None
EQT EQT Corp Options Chain 1.38 1.51 0.66 2.50 0.26 0.34 27 16 -0.29 -0.03 58.72 55.00 6/18/2026 No 16 71 None
XOM Exxon Mobil Corp Options Chain 2.84 3.05 1.27 5.00 0.25 0.30 248 102 -0.26 -0.05 154.88 140.00 6/18/2026 No 10 70 None
INFY Infosys Ltd Options Chain 0.25 0.45 0.25 1.00 0.25 0.50 3 0 -0.19 0.00 12.50 11.00 6/18/2026 No 13 43 None
KEY Keycorp Options Chain 0.35 0.55 0.25 1.00 0.25 0.29 20 0 -0.26 -0.01 21.87 21.00 6/18/2026 No 14 68 None
SCHW Charles Schwab Corp Options Chain 1.63 1.78 0.60 2.50 0.24 0.29 14 130 -0.29 -0.04 92.40 87.50 6/18/2026 No 15 69 None
TSM Taiwan Semiconductor Manufacturing Options Chain 9.95 10.35 2.37 10.00 0.24 0.46 176 163 -0.25 -0.27 394.41 380.00 6/18/2026 No 20 61
Dividend Stock List
EBAY EBay Inc Options Chain 2.20 2.40 0.59 2.50 0.24 0.40 31 2 -0.26 -0.05 105.26 100.00 6/18/2026 Yes 7 58 None
CSCO Cisco Systems Inc Options Chain 1.85 1.95 0.58 2.50 0.23 0.37 101 104 -0.25 -0.05 94.30 85.00 6/18/2026 Yes 7 60 None
DAL Delta Air Lines Inc Options Chain 1.87 2.06 0.58 2.50 0.23 0.44 50 2528 -0.26 -0.04 70.86 67.50 6/18/2026 No 17 66 None
HPQ HP Inc Options Chain 0.59 0.63 0.23 1.00 0.23 0.54 74 102 -0.23 -0.01 21.15 19.00 6/18/2026 Yes 10 41 None
MCD McDonald`s Corp Options Chain 3.50 3.80 1.15 5.00 0.23 0.23 398 61 -0.26 -0.08 285.17 270.00 6/18/2026 Yes 9 61 None
RIO Rio Tinto plc Options Chain 2.30 2.60 0.55 2.50 0.22 0.33 220 8 -0.30 -0.06 100.50 100.00 6/18/2026 No 10 72 None
ALLY Ally Financial Inc Options Chain 0.90 1.20 0.22 1.00 0.22 0.34 9 2 -0.28 -0.02 43.21 42.00 6/18/2026 No 14 71 None
CLX Clorox Company Options Chain 1.70 1.95 1.08 5.00 0.22 0.29 232 302 -0.28 -0.04 86.12 85.00 6/18/2026 No 14 56 None
APA APA Corporation Options Chain 1.04 1.16 0.54 2.50 0.22 0.53 12 0 -0.26 -0.03 41.48 35.00 6/18/2026 Yes 12 60 None
DOW Dow Inc Options Chain 1.00 1.07 0.54 2.50 0.22 0.48 149 87 -0.27 -0.02 40.80 35.00 6/18/2026 No 6 47 None
JPM JPMorgan Chase & Company Options Chain 4.45 4.65 1.05 5.00 0.21 0.25 386 263 -0.25 -0.13 309.40 300.00 6/18/2026 No 11 79 None
CG Carlyle Group Inc (The) Options Chain 1.20 1.40 0.52 2.50 0.21 0.50 1 0 -0.21 -0.03 51.29 45.00 6/18/2026 Yes 9 62 None
CMCSA Comcast Corp - Class A Options Chain 0.45 0.48 0.20 1.00 0.20 0.31 244 81 -0.24 -0.01 26.46 25.00 6/18/2026 No 15 63 None
VZ Verizon Communications Inc Options Chain 0.55 0.57 0.20 1.00 0.20 0.22 261 35 -0.25 -0.02 47.34 45.00 6/18/2026 No 9 64 None
GE General Electric Company Options Chain 5.45 5.80 1.95 10.00 0.20 0.38 124 190 -0.23 -0.17 286.68 280.00 6/18/2026 No 12 64 None
FCX Freeport-McMoRan Inc Options Chain 1.55 1.62 0.97 5.00 0.19 0.49 416 310 -0.24 -0.04 57.68 55.00 6/18/2026 No 13 63 None
PAAS Pan American Silver Corp Options Chain 1.45 1.65 0.92 5.00 0.18 0.54 45 38 -0.24 -0.04 50.52 50.00 6/18/2026 Yes 19 63 None
IFF International Flavors & Fragrances Inc Options Chain 1.20 1.75 0.45 2.50 0.18 0.27 324 32 -0.28 -0.04 70.77 77.50 6/18/2026 Yes 5 56 None
GM General Motors Company Options Chain 1.29 1.37 0.44 2.50 0.18 0.34 75 71 -0.24 -0.04 76.15 72.50 6/18/2026 No 9 60 None
C Citigroup Inc Options Chain 2.05 2.13 0.87 5.00 0.17 0.33 95 56 -0.23 -0.06 128.01 120.00 6/18/2026 No 14 77 None
BCS Barclays plc Options Chain 0.45 0.55 0.17 1.00 0.17 0.40 7 2 -0.24 -0.01 22.59 22.00 6/18/2026 No 18 70 None
KMI Kinder Morgan Inc - Class P Options Chain 0.36 0.45 0.17 1.00 0.17 0.24 33 46 -0.25 -0.01 32.29 30.00 6/18/2026 No 8 60 None
ING ING Groep N.V. Options Chain 0.45 0.55 0.17 1.00 0.17 0.32 10 0 -0.25 -0.01 28.41 28.00 6/18/2026 No 9 54 None
JCI Johnson Controls International plc Options Chain 1.85 2.55 0.82 5.00 0.16 0.35 1 2502 -0.21 -0.07 144.82 130.00 6/18/2026 Yes 9 60 None
SLB SLB Options Chain 0.77 0.89 0.40 2.50 0.16 0.38 28 54 -0.21 -0.02 56.00 50.00 6/18/2026 No 8 66 None
TFC Truist Financial Corporation Options Chain 0.65 0.75 0.40 2.50 0.16 0.27 17 44 -0.23 -0.01 49.95 47.50 6/18/2026 No 14 75 None
GPN Global Payments Inc Options Chain 1.30 1.50 0.40 2.50 0.16 0.44 181 15 -0.25 -0.04 70.96 62.50 6/18/2026 Yes 8 58 None
WMT Walmart Inc Options Chain 1.70 1.74 0.79 5.00 0.16 0.32 232 215 -0.24 -0.06 130.79 120.00 6/18/2026 Yes 8 58 None
GFI Gold Fields Ltd Options Chain 1.00 1.20 0.77 5.00 0.15 0.56 4 4 -0.20 -0.03 41.75 40.00 6/18/2026 Yes 12 56 None
BMO Bank of Montreal Options Chain 1.45 1.65 0.75 5.00 0.15 0.24 24 1 -0.21 -0.06 151.02 145.00 6/18/2026 Yes 13 68 None
IVZ Invesco Ltd Options Chain 0.45 0.55 0.15 1.00 0.15 0.38 1 10 -0.24 -0.01 26.83 25.00 6/18/2026 No 8 58 None
EXC Exelon Corp Options Chain 0.55 0.60 0.15 1.00 0.15 0.23 18 20 -0.25 -0.01 46.18 43.00 6/18/2026 Yes 8 57 None