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
GLW Corning Inc Options Chain 7.90 8.35 1.68 5.00 0.34 0.67 177 80 -0.29 -0.14 154.10 140.00 6/18/2026 Yes 8 55 None
ORCL Oracle Corp Options Chain 7.80 7.95 1.63 5.00 0.33 0.64 198 158 -0.28 -0.14 165.76 150.00 6/18/2026 Yes 9 66 None
DELL Dell Technologies Inc - Class C Options Chain 9.55 9.90 1.63 5.00 0.33 0.65 21 54 -0.29 -0.18 205.93 185.00 6/18/2026 Yes 14 60 None
TSM Taiwan Semiconductor Manufacturing Options Chain 12.65 13.25 3.02 10.00 0.30 0.47 110 234 -0.29 -0.24 404.98 360.00 6/18/2026 No 23 66
Dividend Stock List
HAL Halliburton Company Options Chain 1.09 1.16 0.29 1.00 0.29 0.38 0 19 -0.29 -0.02 40.81 38.00 6/18/2026 No 14 63 None
HPQ HP Inc Options Chain 0.70 0.73 0.28 1.00 0.28 0.52 69 104 -0.27 -0.01 19.75 18.00 6/18/2026 Yes 13 51 None
APH Amphenol Corp - Class A Options Chain 5.60 5.90 1.40 5.00 0.28 0.51 63 29 -0.29 -0.11 146.60 140.00 6/18/2026 Yes 9 58 None
INFY Infosys Ltd Options Chain 0.40 0.50 0.27 1.00 0.27 0.49 50 327 -0.24 0.00 12.25 11.00 6/18/2026 No 16 52 None
RRC Range Resources Corp Options Chain 0.95 1.15 0.27 1.00 0.27 0.38 11 200 -0.27 -0.02 42.94 40.00 6/18/2026 Yes 17 63 None
ALLY Ally Financial Inc Options Chain 1.05 1.15 0.27 1.00 0.27 0.35 11 83 -0.28 -0.02 44.41 41.00 6/18/2026 No 9 66 None
DOW Dow Inc Options Chain 1.37 1.46 0.67 2.50 0.27 0.50 19 53 -0.30 -0.02 38.01 35.00 6/18/2026 No 6 49 None
QCOM Qualcomm Inc Options Chain 4.20 4.50 1.31 5.00 0.26 0.47 141 45 -0.28 -0.08 149.85 135.00 6/18/2026 Yes 9 64 None
SLB SLB Options Chain 1.58 1.66 0.65 2.50 0.26 0.39 1624 294 -0.29 -0.03 55.65 52.50 6/18/2026 No 9 66 None
DAL Delta Air Lines Inc Options Chain 2.14 2.25 0.64 2.50 0.26 0.45 5 55 -0.29 -0.04 67.22 62.50 6/18/2026 No 16 66 None
NXPI NXP Semiconductors NV Options Chain 7.10 7.90 2.55 10.00 0.26 0.48 3 5 -0.28 -0.15 267.81 210.00 6/18/2026 Yes 9 66 None
NUE Nucor Corp Options Chain 5.60 6.80 2.50 10.00 0.25 0.38 15 89 -0.28 -0.11 215.00 210.00 6/18/2026 No 11 67 None
V Visa Inc - Class A Options Chain 5.45 5.85 1.22 5.00 0.24 0.27 35 63 -0.26 -0.12 309.30 295.00 6/18/2026 Yes 12 71 None
DPZ Dominos Pizza Inc Options Chain 6.50 7.50 2.40 10.00 0.24 0.30 42 36 -0.25 -0.14 340.56 320.00 6/18/2026 No 13 62 None
FAST Fastenal Company Options Chain 0.90 1.00 0.30 1.25 0.24 0.30 3 0 -0.28 -0.02 44.68 42.50 6/18/2026 No 16 56 None
WFC Wells Fargo & Company Options Chain 1.78 1.83 0.59 2.50 0.24 0.30 19 162 -0.30 -0.03 81.50 77.50 6/18/2026 No 13 74 None
IBM International Business Machines Corp Options Chain 5.00 5.20 1.17 5.00 0.23 0.35 50 31 -0.26 -0.09 233.04 215.00 6/18/2026 No 10 67 None
CTSH Cognizant Technology Solutions Corp - Class A Options Chain 1.40 1.55 0.58 2.50 0.23 0.46 7 0 -0.25 -0.03 55.12 50.00 6/18/2026 Yes 15 69 None
GM General Motors Company Options Chain 1.78 1.95 0.58 2.50 0.23 0.38 96 99 -0.27 -0.04 78.95 72.50 6/18/2026 Yes 11 67 None
VZ Verizon Communications Inc Options Chain 0.74 0.80 0.23 1.00 0.23 0.23 139 1134 -0.26 -0.02 47.24 45.00 6/18/2026 No 8 64 None
OKE Oneok Inc Options Chain 2.05 2.15 1.12 5.00 0.22 0.30 65 289 -0.30 -0.03 89.79 85.00 6/18/2026 Yes 11 74 None
WMT Walmart Inc Options Chain 2.61 2.71 1.11 5.00 0.22 0.32 98 39 -0.25 -0.05 127.59 120.00 6/18/2026 Yes 8 58 None
CG Carlyle Group Inc (The) Options Chain 1.40 1.60 0.55 2.50 0.22 0.51 5 1 -0.27 -0.03 47.72 42.50 6/18/2026 Yes 10 61 None
EC Ecopetrol SA Options Chain 0.35 0.45 0.22 1.00 0.22 0.45 31 29 -0.13 0.00 13.93 12.00 6/18/2026 Yes 11 57 None
PR Permian Resources Corp - Class A Options Chain 0.40 0.60 0.22 1.00 0.22 0.41 0 3 -0.26 -0.01 20.91 19.00 6/18/2026 Yes 11 66 None
CTRA Coterra Energy Inc Options Chain 0.80 1.10 0.22 1.00 0.22 0.41 0 1 -0.28 -0.02 34.63 32.00 6/18/2026 Yes 15 70 None
CSCO Cisco Systems Inc Options Chain 1.93 1.95 0.54 2.50 0.22 0.37 403 216 -0.25 -0.04 86.32 80.00 6/18/2026 Yes 7 60 None
BMY Bristol-Myers Squibb Company Options Chain 1.11 1.27 0.54 2.50 0.22 0.30 51 11 -0.28 -0.03 58.22 55.00 6/18/2026 Yes 11 52 None
GRMN Garmin Ltd Options Chain 5.60 7.60 2.15 10.00 0.21 0.42 0 4 -0.26 -0.13 247.81 230.00 6/18/2026 Yes 17 61
Dividend Stock List
AZN Astrazeneca plc Options Chain 3.00 3.60 1.07 5.00 0.21 0.29 0 2 -0.28 -0.08 186.68 175.00 6/18/2026 Yes 10 62 None
DVN Devon Energy Corp Options Chain 1.15 1.23 0.53 2.50 0.21 0.41 41 40 -0.24 -0.02 49.55 45.00 6/18/2026 Yes 7 52 None
BHP BHP Group Ltd Options Chain 1.60 1.85 0.53 2.50 0.21 0.37 1 5 -0.25 -0.04 78.20 72.50 6/18/2026 No 12 26 None
CARR Carrier Global Corp Options Chain 1.70 2.05 0.53 2.50 0.21 0.42 2 5 -0.29 -0.03 61.97 57.50 6/18/2026 Yes 8 60 None
KMI Kinder Morgan Inc - Class P Options Chain 0.50 0.53 0.21 1.00 0.21 0.24 508 2 -0.28 -0.01 31.80 30.00 6/18/2026 No 13 67 None
RIO Rio Tinto plc Options Chain 2.10 2.40 0.52 2.50 0.21 0.34 101 37 -0.28 -0.05 98.49 92.50 6/18/2026 No 8 63 None
CLX Clorox Company Options Chain 1.90 2.15 1.00 5.00 0.20 0.35 8 36 -0.24 -0.05 96.60 90.00 6/18/2026 Yes 9 46 None
C Citigroup Inc Options Chain 2.65 2.71 1.00 5.00 0.20 0.34 152 84 -0.27 -0.05 128.51 120.00 6/18/2026 No 14 77 None
UL Unilever plc Options Chain 1.00 1.10 0.50 2.50 0.20 0.24 6 0 -0.29 -0.02 57.69 55.00 6/18/2026 No 8 58 None
CVE Cenovus Energy Inc Options Chain 0.65 0.75 0.20 1.00 0.20 0.43 34 35 -0.26 -0.01 27.42 25.00 6/18/2026 Yes 13 64 None
KDP Keurig Dr Pepper Inc Options Chain 0.45 0.60 0.20 1.00 0.20 0.24 4 13 -0.28 -0.01 28.79 28.00 6/18/2026 No 10 51 None
XOM Exxon Mobil Corp Options Chain 2.60 2.77 0.99 5.00 0.20 0.32 150 110 -0.24 -0.05 148.19 140.00 6/18/2026 Yes 9 66 None
T AT&T Inc Options Chain 0.43 0.45 0.19 1.00 0.19 0.25 92 40 -0.26 -0.01 26.06 25.00 6/18/2026 No 9 57 None
PAAS Pan American Silver Corp Options Chain 1.50 1.60 0.92 5.00 0.18 0.59 10 2 -0.21 -0.03 52.35 45.00 6/18/2026 Yes 14 55 None
APA APA Corporation Options Chain 1.03 1.16 0.46 2.50 0.18 0.54 0 1 -0.23 -0.03 38.65 35.00 6/18/2026 Yes 9 53 None
UNH Unitedhealth Group Inc Options Chain 5.80 6.15 1.83 10.00 0.18 0.32 349 938 -0.25 -0.15 366.77 340.00 6/18/2026 No 11 66 None
BCS Barclays plc Options Chain 0.50 0.55 0.18 1.00 0.18 0.40 706 42 -0.24 -0.01 23.00 21.00 6/18/2026 Yes 15 59 None
EXC Exelon Corp Options Chain 0.60 0.75 0.18 1.00 0.18 0.26 10 9 -0.26 -0.01 46.98 44.00 6/18/2026 Yes 8 61 None
XYL Xylem Inc Options Chain 2.05 2.40 0.88 5.00 0.18 0.32 22 3 -0.26 -0.05 123.51 110.00 6/18/2026 Yes 14 61 None
CMCSA Comcast Corp - Class A Options Chain 0.47 0.48 0.17 1.00 0.17 0.30 234 21 -0.23 -0.01 27.57 26.00 6/18/2026 No 10 53 None
BAC Bank Of America Corp Options Chain 0.92 0.94 0.50 3.00 0.17 0.27 305 16 -0.28 -0.02 52.66 50.00 6/18/2026 No 13 74 None
KO Coca-Cola Company Options Chain 0.90 0.95 0.41 2.50 0.16 0.21 712 468 -0.21 -0.02 75.44 75.00 6/18/2026 Yes 10 69 None
OXY Occidental Petroleum Corp Options Chain 1.08 1.14 0.40 2.50 0.16 0.41 23 71 -0.22 -0.03 58.61 52.50 6/18/2026 Yes 7 51 None
GIS General Mills Inc Options Chain 0.60 0.65 0.40 2.50 0.16 0.30 73 5 -0.25 -0.02 34.77 32.50 6/18/2026 No 10 61 None
TFC Truist Financial Corporation Options Chain 0.75 0.80 0.38 2.50 0.15 0.29 2 5 -0.22 -0.01 51.15 47.50 6/18/2026 No 13 76 None
PCG PG&E Corp Options Chain 0.27 0.31 0.15 1.00 0.15 0.35 6 0 -0.22 -0.01 16.26 15.00 6/18/2026 No 8 43 None