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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IBM | International Business Machines Corp | Options Chain | 10.85 | 11.75 | 1.92 | 5.00 | 0.38 | 0.52 | 60 | 16 | -0.30 | -0.23 | 329.23 | 285.00 | 7/17/2026 | No | 10 | 63 | None | |
| QCOM | Qualcomm Inc | Options Chain | 14.30 | 15.45 | 3.55 | 10.00 | 0.35 | 0.86 | 89 | 597 | -0.29 | -0.29 | 240.84 | 220.00 | 7/17/2026 | No | 14 | 68 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 18.95 | 20.00 | 3.40 | 10.00 | 0.34 | 0.72 | 49 | 21 | -0.29 | -0.42 | 431.00 | 370.00 | 7/17/2026 | No | 14 | 54 | None | |
| ORCL | Oracle Corp | Options Chain | 11.20 | 11.65 | 3.40 | 10.00 | 0.34 | 0.69 | 300 | 189 | -0.30 | -0.22 | 244.58 | 210.00 | 7/17/2026 | No | 7 | 61 | None | |
| GLW | Corning Inc | Options Chain | 9.45 | 9.80 | 1.68 | 5.00 | 0.34 | 0.79 | 95 | 40 | -0.30 | -0.22 | 200.40 | 180.00 | 7/17/2026 | No | 8 | 52 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.89 | 2.07 | 0.31 | 1.00 | 0.31 | 0.69 | 14 | 8 | -0.28 | -0.05 | 54.85 | 47.00 | 7/17/2026 | No | 6 | 52 | None | |
| RF | Regions Financial Corp | Options Chain | 0.50 | 0.80 | 0.30 | 1.00 | 0.30 | 0.29 | 10 | 0 | -0.28 | -0.02 | 28.03 | 26.00 | 7/17/2026 | No | 18 | 70 | None | |
| CRM | Salesforce Inc | Options Chain | 4.45 | 4.90 | 1.25 | 5.00 | 0.25 | 0.47 | 25 | 17 | -0.25 | -0.12 | 200.84 | 175.00 | 7/17/2026 | No | 15 | 70 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.10 | 2.25 | 0.58 | 2.50 | 0.23 | 0.40 | 1 | 2 | -0.28 | -0.05 | 93.15 | 85.00 | 7/17/2026 | No | 9 | 58 | None | |
| BCS | Barclays plc | Options Chain | 0.50 | 0.65 | 0.23 | 1.00 | 0.23 | 0.39 | 11 | 0 | -0.26 | -0.01 | 25.28 | 23.00 | 7/17/2026 | No | 17 | 59 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.80 | 0.22 | 1.00 | 0.22 | 0.39 | 2 | 0 | -0.30 | -0.01 | 19.72 | 19.00 | 7/17/2026 | No | 10 | 60 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.49 | 0.55 | 0.32 | 1.50 | 0.21 | 0.37 | 50 | 2 | -0.24 | -0.01 | 25.04 | 22.50 | 7/17/2026 | No | 15 | 61 | None | |
| MDT | Medtronic Plc | Options Chain | 1.26 | 1.39 | 0.53 | 2.50 | 0.21 | 0.31 | 71 | 45 | -0.27 | -0.03 | 74.09 | 72.50 | 7/17/2026 | No | 13 | 70 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.35 | 2.42 | 0.92 | 5.00 | 0.18 | 0.41 | 26 | 38 | -0.24 | -0.07 | 128.42 | 115.00 | 7/17/2026 | No | 9 | 62 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.30 | 0.40 | 0.17 | 1.00 | 0.17 | 0.32 | 35 | 0 | -0.27 | -0.01 | 16.23 | 15.00 | 7/17/2026 | No | 9 | 57 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.45 | 1.55 | 0.81 | 5.00 | 0.16 | 0.58 | 34 | 43 | -0.20 | -0.05 | 71.86 | 60.00 | 7/17/2026 | No | 14 | 63 | None | |
| GIS | General Mills Inc | Options Chain | 0.60 | 0.70 | 0.40 | 2.50 | 0.16 | 0.35 | 20 | 202 | -0.22 | -0.01 | 33.07 | 30.00 | 7/17/2026 | No | 12 | 61 | None | |
| PCG | PG&E Corp | Options Chain | 0.24 | 0.48 | 0.16 | 1.00 | 0.16 | 0.38 | 0 | 1 | -0.30 | -0.01 | 16.57 | 16.00 | 7/17/2026 | No | 13 | 59 | None |