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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| F | Ford Motor Company | Options Chain | 0.14 | 0.66 | 0.29 | 0.50 | 0.58 | 0.50 | 0 | 21 | -0.24 | -0.01 | 12.23 | 11.00 | 11/27/2026 | Yes | 9 | 51 | None | |
| TSCO | Tractor Supply Company | Options Chain | 0.90 | 1.65 | 0.55 | 1.00 | 0.55 | 0.51 | 2 | 0 | -0.28 | -0.02 | 33.15 | 31.00 | 11/27/2026 | Yes | 8 | 58 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.57 | 1.40 | 0.54 | 1.00 | 0.54 | 0.30 | 96 | 4 | -0.30 | -0.02 | 43.64 | 40.00 | 11/27/2026 | Yes | 10 | 73 | None | |
| EIX | Edison International | Options Chain | 1.50 | 2.25 | 1.03 | 2.50 | 0.41 | 0.40 | 134 | 44 | -0.30 | -0.04 | 54.37 | 52.50 | 11/20/2026 | Yes | 10 | 60 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.15 | 8.20 | 1.93 | 5.00 | 0.39 | 0.27 | 1 | 1 | -0.29 | -0.14 | 331.90 | 320.00 | 11/27/2026 | Yes | 8 | 71 | None | |
| ORCL | Oracle Corp | Options Chain | 5.30 | 5.65 | 0.35 | 1.00 | 0.35 | 0.51 | 2 | 27 | -0.29 | -0.10 | 136.06 | 131.00 | 11/27/2026 | No | 7 | 62 | None | |
| GLW | Corning Inc | Options Chain | 5.00 | 6.40 | 1.72 | 5.00 | 0.34 | 0.57 | 4 | 16 | -0.26 | -0.11 | 153.00 | 140.00 | 11/27/2026 | Yes | 8 | 52 | None | |
| CRM | Salesforce Inc | Options Chain | 5.85 | 7.30 | 1.70 | 5.00 | 0.34 | 0.39 | 27 | 25 | -0.29 | -0.12 | 227.54 | 215.00 | 11/27/2026 | No | 11 | 63 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 15.60 | 17.00 | 3.35 | 10.00 | 0.34 | 0.52 | 72 | 191 | -0.29 | -0.34 | 465.00 | 420.00 | 11/20/2026 | Yes | 11 | 62 | None | |
| PBF | PBF Energy Inc - Class A | Options Chain | 3.70 | 4.20 | 0.82 | 2.50 | 0.33 | 0.73 | 17 | 13 | -0.27 | -0.09 | 89.90 | 75.00 | 11/20/2026 | Yes | 13 | 60 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.75 | 11.35 | 1.52 | 5.00 | 0.30 | 0.32 | 23 | 6 | -0.29 | -0.22 | 459.10 | 430.00 | 11/27/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| MSFT | Microsoft Corporation | Options Chain | 10.80 | 11.30 | 1.50 | 5.00 | 0.30 | 0.31 | 225 | 194 | -0.29 | -0.26 | 522.33 | 510.00 | 11/20/2026 | Yes | 13 | 72 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.93 | 1.24 | 0.30 | 1.00 | 0.30 | 0.36 | 1 | 0 | -0.26 | -0.03 | 49.18 | 45.00 | 11/27/2026 | Yes | 13 | 64 | None | |
| APA | APA Corporation | Options Chain | 1.16 | 1.51 | 0.28 | 1.00 | 0.28 | 0.45 | 1 | 0 | -0.27 | -0.03 | 45.29 | 42.00 | 11/27/2026 | Yes | 14 | 72 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.40 | 6.40 | 1.37 | 5.00 | 0.27 | 0.48 | 10 | 2 | -0.26 | -0.11 | 175.85 | 160.00 | 11/27/2026 | Yes | 12 | 71 | None | |
| AVGO | Broadcom Inc | Options Chain | 8.30 | 8.50 | 2.70 | 10.00 | 0.27 | 0.37 | 566 | 978 | -0.28 | -0.21 | 362.11 | 340.00 | 11/20/2026 | No | 10 | 65 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.80 | 1.95 | 0.65 | 2.50 | 0.26 | 0.33 | 93 | 7 | -0.29 | -0.05 | 84.44 | 82.50 | 11/20/2026 | Yes | 12 | 26 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.05 | 3.70 | 1.24 | 5.00 | 0.25 | 0.24 | 200 | 11 | -0.25 | -0.09 | 236.92 | 225.00 | 11/27/2026 | Yes | 12 | 60 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.05 | 2.30 | 0.60 | 2.50 | 0.24 | 0.45 | 497 | 21 | -0.26 | -0.05 | 85.46 | 80.00 | 11/20/2026 | Yes | 9 | 57 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.61 | 0.74 | 0.23 | 1.00 | 0.23 | 0.36 | 5 | 0 | -0.24 | -0.02 | 34.75 | 32.00 | 11/27/2026 | No | 11 | 52 | None | |
| PPL | PPL Corp | Options Chain | 0.35 | 0.60 | 0.23 | 1.00 | 0.23 | 0.22 | 4 | 2 | -0.28 | -0.01 | 33.90 | 33.00 | 11/20/2026 | Yes | 8 | 61 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.39 | 0.79 | 0.23 | 1.00 | 0.23 | 0.24 | 5 | 5 | -0.30 | -0.01 | 32.49 | 31.00 | 11/27/2026 | Yes | 8 | 59 | None | |
| STM | ST Microelectronics | Options Chain | 1.65 | 2.75 | 0.22 | 1.00 | 0.22 | 0.57 | 6 | 0 | -0.29 | -0.05 | 52.80 | 48.00 | 11/27/2026 | Yes | 12 | 54 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 1.00 | 4.90 | 1.05 | 5.00 | 0.21 | 0.38 | 19 | 19 | -0.23 | -0.07 | 159.99 | 135.00 | 11/27/2026 | Yes | 9 | 67 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.10 | 9.95 | 1.00 | 5.00 | 0.20 | 0.36 | 0 | 1 | -0.27 | -0.20 | 368.71 | 355.00 | 11/27/2026 | Yes | 13 | 65 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.20 | 1.40 | 0.50 | 2.50 | 0.20 | 0.43 | 5 | 3 | -0.24 | -0.04 | 60.34 | 55.00 | 11/20/2026 | Yes | 9 | 55 | None | |
| SYF | Synchrony Financial | Options Chain | 1.00 | 1.60 | 0.50 | 2.50 | 0.20 | 0.32 | 67 | 185 | -0.28 | -0.03 | 73.64 | 67.50 | 11/20/2026 | Yes | 15 | 75 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.35 | 0.45 | 0.20 | 1.00 | 0.20 | 0.29 | 13 | 0 | -0.26 | -0.01 | 23.18 | 22.00 | 11/20/2026 | Yes | 12 | 59 | None | |
| CVS | CVS Health Corp | Options Chain | 1.60 | 2.47 | 0.20 | 1.00 | 0.20 | 0.34 | 0 | 2 | -0.29 | -0.04 | 85.13 | 81.00 | 11/27/2026 | Yes | 15 | 69 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.30 | 3.50 | 0.96 | 5.00 | 0.19 | 0.27 | 1 | 1 | -0.29 | -0.07 | 168.80 | 160.00 | 11/27/2026 | Yes | 13 | 73 | None | |
| GIS | General Mills Inc | Options Chain | 0.55 | 0.65 | 0.45 | 2.50 | 0.18 | 0.31 | 268 | 24 | -0.21 | -0.01 | 32.63 | 30.00 | 11/20/2026 | No | 6 | 53 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.41 | 0 | 1 | -0.22 | -0.01 | 22.60 | 21.00 | 11/20/2026 | Yes | 12 | 68 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.07 | 0.68 | 0.17 | 1.00 | 0.17 | 0.20 | 9 | 0 | -0.20 | -0.01 | 36.77 | 34.00 | 11/27/2026 | Yes | 9 | 58 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.40 | 0.70 | 0.17 | 1.00 | 0.17 | 0.39 | 1 | 1 | -0.23 | -0.01 | 30.09 | 27.00 | 11/20/2026 | Yes | 7 | 58 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.60 | 0.80 | 0.17 | 1.00 | 0.17 | 0.34 | 16 | 7 | -0.26 | -0.01 | 37.87 | 35.00 | 11/20/2026 | Yes | 15 | 80 | None | |
| NYT | New York Times Co. - Class A | Options Chain | 1.05 | 1.65 | 0.42 | 2.50 | 0.17 | 0.43 | 1 | 0 | -0.22 | -0.04 | 66.12 | 60.00 | 11/20/2026 | Yes | 15 | 61 | None | |
| EXC | Exelon Corp | Options Chain | 0.35 | 0.55 | 0.15 | 1.00 | 0.15 | 0.21 | 14 | 0 | -0.25 | -0.01 | 41.73 | 40.00 | 11/20/2026 | Yes | 11 | 69 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.35 | 0.15 | 1.00 | 0.15 | 0.29 | 0 | 24 | -0.26 | -0.01 | 20.08 | 19.00 | 11/20/2026 | Yes | 10 | 59 | None | |
| BCE | BCE Inc | Options Chain | 0.10 | 0.45 | 0.15 | 1.00 | 0.15 | 0.25 | 14 | 0 | -0.30 | -0.01 | 19.76 | 18.00 | 11/20/2026 | Yes | 10 | 58 | None |