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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BHP | BHP Group Ltd | Options Chain | 1.80 | 2.65 | 0.88 | 2.50 | 0.35 | 0.41 | 3 | 5 | -0.24 | -0.02 | 77.77 | 72.50 | 4/17/2026 | No | 12 | 23 | None | |
| INTU | Intuit Inc | Options Chain | 14.60 | 16.50 | 3.30 | 10.00 | 0.33 | 0.62 | 11 | 7 | -0.27 | -0.27 | 358.00 | 320.00 | 4/17/2026 | Yes | 10 | 54 | None | |
| ORCL | Oracle Corp | Options Chain | 7.80 | 8.30 | 1.60 | 5.00 | 0.32 | 0.72 | 193 | 149 | -0.28 | -0.13 | 146.14 | 130.00 | 4/17/2026 | Yes | 7 | 60 | None | |
| HAL | Halliburton Company | Options Chain | 0.94 | 1.30 | 0.32 | 1.00 | 0.32 | 0.43 | 25 | 10 | -0.28 | -0.02 | 35.24 | 33.00 | 4/17/2026 | No | 9 | 48 | None | |
| CEG | Constellation Energy Corporation | Options Chain | 13.20 | 13.80 | 3.15 | 10.00 | 0.32 | 0.53 | 252 | 74 | -0.30 | -0.23 | 294.70 | 290.00 | 4/17/2026 | Yes | 8 | 66 | None | |
| ACN | Accenture plc - Class A | Options Chain | 8.10 | 8.60 | 1.55 | 5.00 | 0.31 | 0.54 | 10 | 6 | -0.30 | -0.13 | 202.00 | 180.00 | 4/17/2026 | Yes | 13 | 60 | None | |
| GLW | Corning Inc | Options Chain | 7.25 | 7.65 | 1.52 | 5.00 | 0.30 | 0.67 | 88 | 725 | -0.28 | -0.13 | 146.84 | 135.00 | 4/17/2026 | No | 9 | 57 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 5.35 | 5.90 | 1.43 | 5.00 | 0.29 | 0.58 | 2 | 6 | -0.30 | -0.10 | 119.51 | 110.00 | 4/17/2026 | Yes | 13 | 55 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.58 | 0.82 | 0.28 | 1.00 | 0.28 | 0.54 | 1 | 6 | -0.25 | -0.01 | 20.08 | 18.00 | 4/17/2026 | Yes | 8 | 53 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.65 | 0.28 | 1.00 | 0.28 | 0.47 | 6 | 1 | -0.25 | -0.01 | 17.79 | 16.00 | 4/17/2026 | Yes | 12 | 66 | None | |
| ALLY | Ally Financial Inc | Options Chain | 1.05 | 1.40 | 0.28 | 1.00 | 0.28 | 0.40 | 0 | 10 | -0.30 | -0.02 | 40.15 | 38.00 | 4/17/2026 | Yes | 14 | 76 | None | |
| AA | Alcoa Corp | Options Chain | 2.93 | 3.15 | 1.38 | 5.00 | 0.28 | 0.67 | 41 | 15 | -0.28 | -0.05 | 60.06 | 55.00 | 4/17/2026 | Yes | 11 | 52 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.25 | 8.35 | 1.30 | 5.00 | 0.26 | 0.29 | 4965 | 308 | -0.29 | -0.18 | 389.00 | 370.00 | 4/17/2026 | No | 11 | 65 | None | |
| EQT | EQT Corp | Options Chain | 1.66 | 1.76 | 0.65 | 2.50 | 0.26 | 0.38 | 47 | 3 | -0.30 | -0.03 | 59.15 | 55.00 | 4/17/2026 | No | 13 | 70 | None | |
| WFC | Wells Fargo & Company | Options Chain | 2.38 | 2.51 | 0.65 | 2.50 | 0.26 | 0.37 | 242 | 247 | -0.30 | -0.04 | 84.57 | 80.00 | 4/17/2026 | Yes | 12 | 75 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.65 | 0.75 | 0.26 | 1.00 | 0.26 | 0.24 | 189 | 172 | -0.25 | -0.01 | 49.65 | 47.00 | 4/17/2026 | No | 7 | 64 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 2.15 | 2.35 | 0.63 | 2.50 | 0.25 | 0.36 | 8 | 8 | -0.26 | -0.05 | 92.80 | 87.50 | 4/17/2026 | Yes | 8 | 63 | None | |
| TOL | Toll Brothers Inc | Options Chain | 3.70 | 4.80 | 1.25 | 5.00 | 0.25 | 0.37 | 11 | 16 | -0.28 | -0.09 | 159.63 | 150.00 | 4/17/2026 | Yes | 13 | 67 | None | |
| INFY | Infosys Ltd | Options Chain | 0.40 | 0.45 | 0.25 | 1.00 | 0.25 | 0.57 | 61 | 14 | -0.22 | -0.01 | 13.90 | 12.00 | 4/17/2026 | Yes | 11 | 44 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.80 | 12.75 | 2.45 | 10.00 | 0.25 | 0.49 | 221 | 822 | -0.26 | -0.26 | 370.41 | 350.00 | 4/17/2026 | Yes | 20 | 62 |
Dividend Stock List |
|
| FANG | Diamondback Energy Inc | Options Chain | 3.90 | 4.60 | 1.22 | 5.00 | 0.24 | 0.37 | 4 | 4 | -0.28 | -0.08 | 169.60 | 160.00 | 4/17/2026 | Yes | 10 | 70 | None | |
| AXP | American Express Company | Options Chain | 7.85 | 8.45 | 2.40 | 10.00 | 0.24 | 0.36 | 164 | 86 | -0.28 | -0.15 | 321.75 | 300.00 | 4/17/2026 | Yes | 12 | 69 | None | |
| HD | Home Depot Inc | Options Chain | 6.85 | 7.65 | 1.20 | 5.00 | 0.24 | 0.27 | 45 | 36 | -0.29 | -0.13 | 375.54 | 365.00 | 4/17/2026 | Yes | 6 | 60 | None | |
| KEY | Keycorp | Options Chain | 0.35 | 0.67 | 0.24 | 1.00 | 0.24 | 0.41 | 7 | 1 | -0.23 | -0.01 | 21.06 | 19.00 | 4/17/2026 | Yes | 9 | 59 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.85 | 7.30 | 1.18 | 5.00 | 0.24 | 0.33 | 186 | 160 | -0.29 | -0.12 | 297.85 | 280.00 | 4/17/2026 | Yes | 8 | 78 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.06 | 2.48 | 0.59 | 2.50 | 0.24 | 0.51 | 102 | 14 | -0.26 | -0.04 | 66.91 | 62.50 | 4/17/2026 | Yes | 15 | 67 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.50 | 0.65 | 0.23 | 1.00 | 0.23 | 0.23 | 1 | 3 | -0.28 | -0.01 | 35.79 | 34.00 | 4/17/2026 | No | 13 | 68 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.48 | 0.60 | 0.23 | 1.00 | 0.23 | 0.21 | 1 | 108 | -0.30 | -0.01 | 36.36 | 35.00 | 4/17/2026 | No | 10 | 67 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.35 | 3.60 | 1.12 | 5.00 | 0.22 | 0.35 | 136 | 591 | -0.28 | -0.06 | 140.51 | 135.00 | 4/17/2026 | No | 11 | 70 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.70 | 7.10 | 2.20 | 10.00 | 0.22 | 0.41 | 247 | 606 | -0.26 | -0.12 | 273.95 | 250.00 | 4/17/2026 | Yes | 11 | 65 | None | |
| V | Visa Inc - Class A | Options Chain | 5.00 | 5.60 | 1.10 | 5.00 | 0.22 | 0.28 | 65 | 58 | -0.26 | -0.12 | 307.28 | 290.00 | 4/17/2026 | No | 11 | 71 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.45 | 1.75 | 0.55 | 2.50 | 0.22 | 0.45 | 9 | 313 | -0.25 | -0.03 | 56.01 | 52.50 | 4/17/2026 | No | 7 | 55 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.99 | 1.04 | 0.55 | 2.50 | 0.22 | 0.37 | 159 | 28 | -0.26 | -0.02 | 43.55 | 40.00 | 4/17/2026 | No | 9 | 64 | None | |
| GIS | General Mills Inc | Options Chain | 0.90 | 1.05 | 0.55 | 2.50 | 0.22 | 0.32 | 84 | 10 | -0.27 | -0.01 | 45.34 | 42.50 | 4/17/2026 | Yes | 8 | 54 | None | |
| ARMK | Aramark | Options Chain | 0.70 | 1.10 | 0.22 | 1.00 | 0.22 | 0.29 | 1 | 0 | -0.30 | -0.02 | 40.83 | 39.00 | 4/17/2026 | No | 10 | 51 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.78 | 3.00 | 1.05 | 5.00 | 0.21 | 0.31 | 711 | 251 | -0.25 | -0.07 | 150.85 | 140.00 | 4/17/2026 | No | 10 | 73 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.81 | 2.07 | 1.04 | 5.00 | 0.21 | 0.52 | 130 | 2178 | -0.23 | -0.04 | 65.82 | 60.00 | 4/17/2026 | No | 10 | 55 | None | |
| EL | Estee Lauder Cos. Inc - Class A | Options Chain | 2.57 | 2.72 | 1.03 | 5.00 | 0.21 | 0.39 | 4 | 2 | -0.25 | -0.06 | 111.82 | 105.00 | 4/17/2026 | No | 5 | 49 | None | |
| WMT | Walmart Inc | Options Chain | 2.35 | 2.46 | 1.03 | 5.00 | 0.21 | 0.28 | 522 | 1018 | -0.27 | -0.05 | 126.16 | 120.00 | 4/17/2026 | No | 8 | 58 | None | |
| NVO | Novo Nordisk | Options Chain | 1.33 | 1.40 | 1.01 | 5.00 | 0.20 | 0.47 | 1096 | 808 | -0.28 | -0.02 | 38.59 | 35.00 | 4/17/2026 | No | 11 | 50 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.40 | 0.55 | 0.20 | 1.00 | 0.20 | 0.43 | 2320 | 0 | -0.22 | -0.01 | 22.45 | 20.00 | 4/17/2026 | No | 14 | 64 | None | |
| HPQ | HP Inc | Options Chain | 0.49 | 0.67 | 0.20 | 1.00 | 0.20 | 0.53 | 970 | 261 | -0.25 | -0.01 | 18.37 | 16.00 | 4/17/2026 | Yes | 9 | 42 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.49 | 0.53 | 0.20 | 1.00 | 0.20 | 0.25 | 5 | 123 | -0.26 | -0.01 | 32.69 | 31.00 | 4/17/2026 | Yes | 13 | 67 | None | |
| EXC | Exelon Corp | Options Chain | 0.55 | 0.85 | 0.20 | 1.00 | 0.20 | 0.22 | 5 | 9 | -0.26 | -0.01 | 48.17 | 46.00 | 4/17/2026 | No | 10 | 69 | None | |
| AMKR | AMKOR Technology Inc | Options Chain | 2.20 | 2.85 | 0.20 | 1.00 | 0.20 | 0.65 | 14 | 1 | -0.30 | -0.04 | 47.25 | 44.00 | 4/17/2026 | No | 16 | 51 | None | |
| HST | Host Hotels & Resorts Inc | Options Chain | 0.35 | 0.50 | 0.20 | 1.00 | 0.20 | 0.28 | 5 | 1 | -0.30 | -0.01 | 19.80 | 18.85 | 4/17/2026 | No | 9 | 50 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.30 | 6.50 | 0.97 | 5.00 | 0.19 | 0.43 | 84 | 134 | -0.26 | -0.12 | 225.81 | 210.00 | 4/17/2026 | No | 14 | 73 | None | |
| DOW | Dow Inc | Options Chain | 0.73 | 0.82 | 0.48 | 2.50 | 0.19 | 0.47 | 10 | 27 | -0.23 | -0.01 | 30.15 | 27.50 | 4/17/2026 | No | 8 | 50 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.03 | 1.08 | 0.48 | 2.50 | 0.19 | 0.37 | 78 | 380 | -0.24 | -0.02 | 52.39 | 47.50 | 4/17/2026 | Yes | 7 | 54 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.40 | 1.63 | 0.48 | 2.50 | 0.19 | 0.26 | 56 | 58 | -0.26 | -0.03 | 95.68 | 90.00 | 4/17/2026 | No | 6 | 68 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.95 | 2.40 | 0.95 | 5.00 | 0.19 | 0.30 | 5 | 6 | -0.25 | -0.06 | 125.25 | 120.00 | 4/17/2026 | No | 11 | 53 | None | |
| TJX | TJX Companies Inc | Options Chain | 2.10 | 3.15 | 0.95 | 5.00 | 0.19 | 0.26 | 17 | 512 | -0.27 | -0.06 | 157.72 | 150.00 | 4/17/2026 | Yes | 11 | 61 | None | |
| C | Citigroup Inc | Options Chain | 2.44 | 2.56 | 0.94 | 5.00 | 0.19 | 0.40 | 130 | 254 | -0.24 | -0.06 | 110.90 | 100.00 | 4/17/2026 | Yes | 14 | 75 | None | |
| PG | Procter & Gamble Company | Options Chain | 2.30 | 2.75 | 0.93 | 5.00 | 0.19 | 0.21 | 115 | 4189 | -0.30 | -0.06 | 165.10 | 160.00 | 4/17/2026 | No | 11 | 74 | None | |
| LOW | Lowe`s Cos. Inc | Options Chain | 4.20 | 4.70 | 1.84 | 10.00 | 0.18 | 0.30 | 51 | 37 | -0.23 | -0.12 | 278.59 | 260.00 | 4/17/2026 | Yes | 8 | 63 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.45 | 1.65 | 0.92 | 5.00 | 0.18 | 0.37 | 15 | 2 | -0.26 | -0.03 | 64.23 | 60.00 | 4/17/2026 | No | 9 | 62 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.85 | 0.99 | 0.46 | 2.50 | 0.18 | 0.28 | 23 | 25 | -0.24 | -0.02 | 61.40 | 57.50 | 4/17/2026 | No | 15 | 60 | None | |
| KO | Coca-Cola Company | Options Chain | 1.01 | 1.08 | 0.46 | 2.50 | 0.18 | 0.19 | 175 | 310 | -0.30 | -0.02 | 80.51 | 77.50 | 4/17/2026 | No | 8 | 62 | None | |
| PRU | Prudential Financial Inc | Options Chain | 1.65 | 2.10 | 0.45 | 2.50 | 0.18 | 0.29 | 2 | 3 | -0.26 | -0.04 | 100.39 | 95.00 | 4/17/2026 | No | 18 | 72 | None | |
| EIX | Edison International | Options Chain | 1.20 | 1.35 | 0.45 | 2.50 | 0.18 | 0.29 | 36 | 32 | -0.26 | -0.03 | 74.95 | 70.00 | 4/17/2026 | No | 15 | 77 | None | |
| APA | APA Corporation | Options Chain | 0.71 | 0.74 | 0.43 | 2.50 | 0.17 | 0.52 | 54 | 30 | -0.21 | -0.02 | 28.99 | 25.00 | 4/17/2026 | Yes | 9 | 53 | None | |
| SLB | SLB | Options Chain | 1.10 | 1.19 | 0.43 | 2.50 | 0.17 | 0.39 | 51 | 68 | -0.24 | -0.03 | 51.23 | 47.50 | 4/17/2026 | No | 6 | 58 | None | |
| D | Dominion Energy Inc | Options Chain | 0.65 | 1.00 | 0.40 | 2.50 | 0.16 | 0.23 | 3 | 8 | -0.24 | -0.01 | 64.23 | 60.00 | 4/17/2026 | Yes | 10 | 70 | None | |
| VTRS | Viatris Inc | Options Chain | 0.20 | 0.40 | 0.15 | 1.00 | 0.15 | 0.45 | 30 | 3 | -0.19 | -0.01 | 15.98 | 14.00 | 4/17/2026 | Yes | 5 | 51 | None | |
| KDP | Keurig Dr Pepper Inc | Options Chain | 0.20 | 0.80 | 0.15 | 1.00 | 0.15 | 0.23 | 7 | 36 | -0.30 | -0.01 | 30.00 | 29.00 | 4/17/2026 | Yes | 8 | 52 | None |