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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ORCL | Oracle Corp | Options Chain | 9.55 | 9.70 | 1.73 | 5.00 | 0.35 | 0.62 | 70 | 96 | -0.30 | -0.14 | 176.28 | 160.00 | 6/18/2026 | Yes | 9 | 66 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 10.40 | 10.95 | 1.68 | 5.00 | 0.34 | 0.63 | 10 | 16 | -0.28 | -0.18 | 214.30 | 195.00 | 6/18/2026 | Yes | 14 | 60 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.95 | 6.15 | 1.67 | 5.00 | 0.33 | 0.48 | 854 | 155 | -0.29 | -0.08 | 133.95 | 135.00 | 6/18/2026 | Yes | 11 | 72 | None | |
| AMKR | AMKOR Technology Inc | Options Chain | 5.00 | 5.50 | 1.55 | 5.00 | 0.31 | 0.96 | 9 | 12 | -0.25 | -0.09 | 71.28 | 65.00 | 6/18/2026 | Yes | 15 | 52 | None | |
| APA | APA Corporation | Options Chain | 1.73 | 1.79 | 0.76 | 2.50 | 0.30 | 0.53 | 0 | 2 | -0.30 | -0.03 | 38.66 | 35.00 | 6/18/2026 | Yes | 9 | 53 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 13.50 | 14.20 | 2.85 | 10.00 | 0.29 | 0.47 | 89 | 140 | -0.30 | -0.25 | 382.66 | 370.00 | 6/18/2026 | No | 20 | 62 |
Dividend Stock List |
|
| WMT | Walmart Inc | Options Chain | 3.40 | 3.55 | 1.40 | 5.00 | 0.28 | 0.30 | 254 | 236 | -0.30 | -0.05 | 131.06 | 125.00 | 6/18/2026 | Yes | 8 | 58 | None | |
| EQT | EQT Corp | Options Chain | 1.51 | 1.62 | 0.69 | 2.50 | 0.28 | 0.35 | 2 | 0 | -0.27 | -0.03 | 58.93 | 55.00 | 6/18/2026 | Yes | 14 | 70 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.97 | 1.03 | 0.27 | 1.00 | 0.27 | 0.26 | 3 | 6 | -0.30 | -0.02 | 47.22 | 45.00 | 6/18/2026 | Yes | 9 | 73 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.57 | 0.66 | 0.26 | 1.00 | 0.26 | 0.24 | 0 | 17 | -0.29 | -0.01 | 31.73 | 30.00 | 6/18/2026 | Yes | 10 | 60 | None | |
| ALLY | Ally Financial Inc | Options Chain | 1.00 | 1.15 | 0.25 | 1.00 | 0.25 | 0.32 | 1 | 2 | -0.30 | -0.02 | 45.02 | 42.00 | 6/18/2026 | No | 11 | 74 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 2.20 | 2.40 | 1.15 | 5.00 | 0.23 | 0.61 | 7 | 0 | -0.28 | -0.05 | 55.12 | 50.00 | 6/18/2026 | Yes | 19 | 62 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.63 | 0.68 | 0.33 | 1.50 | 0.22 | 0.30 | 537 | 120 | -0.29 | -0.01 | 31.64 | 27.50 | 6/18/2026 | Yes | 10 | 60 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.45 | 0.75 | 0.22 | 1.00 | 0.22 | 0.19 | 1 | 0 | -0.25 | 0.00 | 37.84 | 36.00 | 6/18/2026 | Yes | 8 | 58 | None | |
| DPZ | Dominos Pizza Inc | Options Chain | 7.70 | 9.50 | 2.10 | 10.00 | 0.21 | 0.38 | 1 | 2 | -0.25 | -0.17 | 372.39 | 340.00 | 6/18/2026 | Yes | 9 | 55 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.76 | 1.84 | 1.01 | 5.00 | 0.20 | 0.49 | 34 | 31 | -0.24 | -0.04 | 61.48 | 55.00 | 6/18/2026 | Yes | 11 | 57 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.65 | 1.00 | 0.20 | 1.00 | 0.20 | 0.41 | 9 | 16 | -0.27 | -0.01 | 26.43 | 24.00 | 6/18/2026 | Yes | 14 | 64 | None | |
| SAN | Banco Santander S.A. | Options Chain | 0.30 | 0.45 | 0.20 | 1.00 | 0.20 | 0.40 | 1 | 1 | -0.29 | -0.01 | 11.89 | 11.00 | 6/18/2026 | Yes | 12 | 55 | None | |
| T | AT&T Inc | Options Chain | 0.44 | 0.46 | 0.18 | 1.00 | 0.18 | 0.26 | 33 | 7 | -0.27 | -0.01 | 26.56 | 25.00 | 6/18/2026 | Yes | 8 | 57 | None |