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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NVT | nVent Electric plc | Options Chain | 7.70 | 8.80 | 2.20 | 5.00 | 0.44 | 0.72 | 25 | 0 | -0.30 | -0.14 | 134.00 | 130.00 | 9/18/2026 | Yes | 10 | 20 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 29.70 | 30.90 | 3.85 | 10.00 | 0.39 | 0.91 | 68 | 45 | -0.29 | -0.50 | 369.64 | 360.00 | 9/18/2026 | Yes | 13 | 57 | None | |
| GLW | Corning Inc | Options Chain | 9.10 | 9.25 | 1.80 | 5.00 | 0.36 | 0.80 | 81 | 49 | -0.30 | -0.14 | 124.05 | 120.00 | 9/18/2026 | No | 11 | 54 | None | |
| QCOM | Qualcomm Inc | Options Chain | 6.70 | 7.25 | 1.78 | 5.00 | 0.36 | 0.55 | 335 | 314 | -0.30 | -0.11 | 148.40 | 140.00 | 9/18/2026 | Yes | 11 | 64 | None | |
| ORCL | Oracle Corp | Options Chain | 6.35 | 6.65 | 1.47 | 5.00 | 0.29 | 0.77 | 1348 | 183 | -0.26 | -0.13 | 117.74 | 110.00 | 9/18/2026 | Yes | 7 | 63 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.30 | 6.70 | 1.47 | 5.00 | 0.29 | 0.42 | 21 | 103 | -0.28 | -0.11 | 226.44 | 205.00 | 9/18/2026 | No | 9 | 66 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.90 | 13.95 | 2.90 | 10.00 | 0.29 | 0.48 | 506 | 194 | -0.28 | -0.26 | 374.67 | 370.00 | 9/18/2026 | No | 20 | 61 |
Dividend Stock List |
|
| CRM | Salesforce Inc | Options Chain | 6.30 | 6.55 | 1.45 | 5.00 | 0.29 | 0.52 | 105 | 148 | -0.27 | -0.12 | 188.38 | 165.00 | 9/18/2026 | Yes | 15 | 71 | None | |
| V | Visa Inc - Class A | Options Chain | 6.50 | 6.75 | 1.45 | 5.00 | 0.29 | 0.24 | 36 | 140 | -0.30 | -0.13 | 368.73 | 350.00 | 9/18/2026 | No | 10 | 64 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.85 | 2.25 | 0.72 | 2.50 | 0.29 | 0.51 | 15 | 45 | -0.30 | -0.03 | 55.97 | 50.00 | 9/18/2026 | Yes | 16 | 71 | None | |
| CLX | Clorox Company | Options Chain | 2.35 | 3.00 | 1.43 | 5.00 | 0.29 | 0.38 | 28 | 12 | -0.28 | -0.03 | 99.63 | 90.00 | 9/18/2026 | Yes | 10 | 47 | None | |
| NVO | Novo Nordisk | Options Chain | 1.54 | 1.60 | 0.71 | 2.50 | 0.28 | 0.41 | 13 | 102 | -0.30 | -0.03 | 51.58 | 47.50 | 9/18/2026 | Yes | 13 | 52 | None | |
| EQNR | Equinor ASA | Options Chain | 0.85 | 1.10 | 0.28 | 1.00 | 0.28 | 0.40 | 0 | 1 | -0.25 | -0.02 | 40.95 | 37.00 | 9/18/2026 | No | 13 | 59 | None | |
| MO | Altria Group Inc | Options Chain | 1.50 | 1.61 | 0.68 | 2.50 | 0.27 | 0.29 | 690 | 15216 | -0.29 | -0.02 | 74.92 | 65.00 | 9/18/2026 | Yes | 8 | 58 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.40 | 2.60 | 0.67 | 2.50 | 0.27 | 0.33 | 17 | 1 | -0.28 | -0.03 | 93.71 | 90.00 | 9/18/2026 | No | 10 | 71 | None | |
| HPQ | HP Inc | Options Chain | 0.97 | 1.03 | 0.26 | 1.00 | 0.26 | 0.56 | 8 | 11 | -0.28 | -0.02 | 28.41 | 24.00 | 9/18/2026 | Yes | 12 | 47 | None | |
| COST | Costco Wholesale Corp | Options Chain | 14.10 | 15.25 | 1.25 | 5.00 | 0.25 | 0.23 | 9 | 135 | -0.28 | -0.35 | 974.03 | 915.00 | 9/18/2026 | No | 15 | 60 | None | |
| BCS | Barclays plc | Options Chain | 0.70 | 0.80 | 0.25 | 1.00 | 0.25 | 0.34 | 3 | 0 | -0.30 | -0.01 | 26.05 | 26.00 | 9/18/2026 | No | 15 | 53 | None | |
| KO | Coca-Cola Company | Options Chain | 1.37 | 1.44 | 0.60 | 2.50 | 0.24 | 0.21 | 153 | 67 | -0.30 | -0.02 | 89.08 | 85.00 | 9/18/2026 | No | 11 | 69 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.75 | 0.82 | 0.24 | 1.00 | 0.24 | 0.26 | 226 | 229 | -0.28 | -0.02 | 48.07 | 44.00 | 9/18/2026 | No | 8 | 64 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.50 | 0.57 | 0.24 | 1.00 | 0.24 | 0.24 | 67 | 48 | -0.30 | -0.01 | 31.85 | 30.00 | 9/18/2026 | No | 10 | 59 | None | |
| WMT | Walmart Inc | Options Chain | 2.33 | 2.46 | 1.19 | 5.00 | 0.24 | 0.30 | 324 | 323 | -0.28 | -0.04 | 114.22 | 105.00 | 9/18/2026 | Yes | 10 | 59 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.05 | 2.30 | 0.58 | 2.50 | 0.23 | 0.42 | 1 | 100 | -0.25 | -0.03 | 83.11 | 77.50 | 9/18/2026 | Yes | 9 | 57 | None | |
| ING | ING Groep N.V. | Options Chain | 0.65 | 0.80 | 0.23 | 1.00 | 0.23 | 0.27 | 0 | 1 | -0.29 | -0.01 | 32.51 | 33.00 | 9/18/2026 | Yes | 9 | 54 | None | |
| MS | Morgan Stanley | Options Chain | 4.20 | 4.55 | 1.15 | 5.00 | 0.23 | 0.34 | 49 | 150 | -0.28 | -0.09 | 203.13 | 195.00 | 9/18/2026 | No | 14 | 75 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 2.00 | 2.35 | 1.13 | 5.00 | 0.23 | 0.44 | 23 | 64 | -0.27 | -0.05 | 78.90 | 70.00 | 9/18/2026 | Yes | 15 | 65 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.75 | 8.10 | 2.25 | 10.00 | 0.23 | 0.30 | 22 | 37 | -0.27 | -0.17 | 425.45 | 400.00 | 9/18/2026 | No | 13 | 63 | None | |
| TGT | Target Corp | Options Chain | 2.87 | 3.05 | 1.11 | 5.00 | 0.22 | 0.40 | 8 | 11 | -0.22 | -0.06 | 145.90 | 130.00 | 9/18/2026 | Yes | 12 | 72 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.32 | 0.62 | 0.22 | 1.00 | 0.22 | 0.21 | 18 | 21 | -0.19 | 0.00 | 38.71 | 36.00 | 9/18/2026 | Yes | 9 | 59 | None | |
| INFY | Infosys Ltd | Options Chain | 0.35 | 0.55 | 0.22 | 1.00 | 0.22 | 0.52 | 1 | 6 | -0.28 | -0.01 | 12.32 | 11.00 | 9/18/2026 | No | 16 | 54 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.70 | 2.87 | 1.08 | 5.00 | 0.22 | 0.32 | 168 | 243 | -0.25 | -0.05 | 155.09 | 145.00 | 9/18/2026 | Yes | 11 | 70 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.85 | 5.10 | 1.08 | 5.00 | 0.22 | 0.24 | 162 | 35 | -0.28 | -0.13 | 344.71 | 335.00 | 9/18/2026 | No | 9 | 71 | None | |
| APA | APA Corporation | Options Chain | 0.96 | 1.00 | 0.50 | 2.50 | 0.20 | 0.47 | 1 | 1 | -0.24 | -0.02 | 36.70 | 32.50 | 9/18/2026 | Yes | 10 | 53 | None | |
| CSX | CSX Corp | Options Chain | 0.80 | 0.90 | 0.50 | 2.50 | 0.20 | 0.26 | 189 | 232 | -0.27 | -0.02 | 50.74 | 47.50 | 9/18/2026 | No | 7 | 55 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.60 | 0.65 | 0.20 | 1.00 | 0.20 | 0.41 | 5 | 1 | -0.24 | -0.01 | 29.07 | 27.00 | 9/18/2026 | Yes | 14 | 65 | None | |
| T | AT&T Inc | Options Chain | 0.41 | 0.44 | 0.20 | 1.00 | 0.20 | 0.28 | 268 | 28 | -0.27 | -0.01 | 23.94 | 22.00 | 9/18/2026 | No | 10 | 59 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.85 | 0.99 | 0.47 | 2.50 | 0.19 | 0.24 | 7 | 117 | -0.26 | -0.02 | 64.06 | 60.00 | 9/18/2026 | No | 13 | 65 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.60 | 1.69 | 0.89 | 5.00 | 0.18 | 0.54 | 165 | 464 | -0.22 | -0.04 | 60.50 | 55.00 | 9/18/2026 | No | 10 | 64 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.25 | 3.50 | 1.71 | 10.00 | 0.17 | 0.26 | 1421 | 44 | -0.23 | -0.08 | 265.53 | 240.00 | 9/18/2026 | No | 9 | 66 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.20 | 1.30 | 0.85 | 5.00 | 0.17 | 0.36 | 60 | 3 | -0.25 | -0.03 | 58.72 | 55.00 | 9/18/2026 | No | 14 | 67 | None | |
| TRV | Travelers Companies Inc | Options Chain | 4.00 | 5.00 | 1.65 | 10.00 | 0.16 | 0.25 | 23 | 10 | -0.25 | -0.13 | 389.01 | 350.00 | 9/18/2026 | No | 17 | 74 | None | |
| C | Citigroup Inc | Options Chain | 1.93 | 2.00 | 0.81 | 5.00 | 0.16 | 0.34 | 101 | 285 | -0.21 | -0.05 | 127.13 | 120.00 | 9/18/2026 | No | 17 | 78 | None | |
| WMB | Williams Cos Inc | Options Chain | 1.10 | 1.25 | 0.80 | 5.00 | 0.16 | 0.31 | 3 | 16 | -0.23 | -0.02 | 70.28 | 65.00 | 9/18/2026 | Yes | 11 | 68 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.68 | 0.70 | 0.39 | 2.50 | 0.16 | 0.38 | 68 | 22 | -0.21 | -0.02 | 43.22 | 37.50 | 9/18/2026 | No | 14 | 59 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.40 | 0.15 | 1.00 | 0.15 | 0.29 | 2 | 0 | -0.26 | -0.01 | 22.18 | 21.00 | 9/18/2026 | No | 10 | 59 | None |