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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TEL | TE Connectivity plc | Options Chain | 5.60 | 8.90 | 2.25 | 5.00 | 0.45 | 0.42 | 1588 | 6 | -0.30 | -0.13 | 230.15 | 200.00 | 4/17/2026 | No | 10 | 62 | None | |
| ALLY | Ally Financial Inc | Options Chain | 1.20 | 1.40 | 0.35 | 1.00 | 0.35 | 0.46 | 1 | 0 | -0.29 | -0.02 | 39.44 | 37.00 | 4/17/2026 | Yes | 11 | 68 | None | |
| ORCL | Oracle Corp | Options Chain | 7.85 | 8.10 | 1.63 | 5.00 | 0.33 | 0.71 | 214 | 89 | -0.30 | -0.14 | 144.69 | 135.00 | 4/17/2026 | Yes | 7 | 60 | None | |
| ACN | Accenture plc - Class A | Options Chain | 7.90 | 8.40 | 1.60 | 5.00 | 0.32 | 0.54 | 12 | 7 | -0.30 | -0.14 | 204.00 | 190.00 | 4/17/2026 | Yes | 16 | 68 | None | |
| GLW | Corning Inc | Options Chain | 6.80 | 7.05 | 1.50 | 5.00 | 0.30 | 0.69 | 81 | 44 | -0.27 | -0.15 | 147.49 | 140.00 | 4/17/2026 | No | 9 | 57 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 4.95 | 5.40 | 1.45 | 5.00 | 0.29 | 0.48 | 71 | 86 | -0.30 | -0.11 | 148.08 | 140.00 | 4/17/2026 | No | 13 | 55 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.65 | 2.75 | 0.72 | 2.50 | 0.29 | 0.34 | 4 | 23 | -0.24 | -0.02 | 99.34 | 92.50 | 4/17/2026 | No | 10 | 71 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 4.90 | 5.30 | 1.40 | 5.00 | 0.28 | 0.52 | 84 | 48 | -0.28 | -0.10 | 146.06 | 125.00 | 4/17/2026 | No | 11 | 60 | None | |
| INTU | Intuit Inc | Options Chain | 14.50 | 15.10 | 2.75 | 10.00 | 0.28 | 0.51 | 37 | 53 | -0.28 | -0.31 | 409.03 | 390.00 | 4/17/2026 | No | 13 | 67 | None | |
| VZ | Verizon Communications Inc | Options Chain | 1.00 | 1.06 | 0.27 | 1.00 | 0.27 | 0.25 | 388 | 87 | -0.30 | -0.01 | 50.14 | 48.00 | 4/17/2026 | No | 10 | 74 | None | |
| HAL | Halliburton Company | Options Chain | 0.92 | 0.99 | 0.26 | 1.00 | 0.26 | 0.43 | 18 | 30 | -0.28 | -0.02 | 36.00 | 33.00 | 4/17/2026 | No | 8 | 48 | None | |
| TGT | Target Corp | Options Chain | 3.20 | 3.55 | 1.29 | 5.00 | 0.26 | 0.44 | 126 | 86 | -0.28 | -0.08 | 113.79 | 105.00 | 4/17/2026 | Yes | 9 | 57 | None | |
| AXP | American Express Company | Options Chain | 8.70 | 9.05 | 2.55 | 10.00 | 0.26 | 0.39 | 49 | 759 | -0.29 | -0.17 | 308.90 | 290.00 | 4/17/2026 | Yes | 12 | 69 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 4.70 | 5.10 | 1.25 | 5.00 | 0.25 | 0.38 | 28 | 10 | -0.29 | -0.11 | 198.21 | 195.00 | 4/17/2026 | No | 11 | 63 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.85 | 11.25 | 2.47 | 10.00 | 0.25 | 0.47 | 746 | 213 | -0.26 | -0.23 | 374.58 | 340.00 | 4/17/2026 | Yes | 22 | 66 |
Dividend Stock List |
|
| C | Citigroup Inc | Options Chain | 3.35 | 3.55 | 1.22 | 5.00 | 0.24 | 0.41 | 286 | 328 | -0.30 | -0.07 | 110.19 | 105.00 | 4/17/2026 | Yes | 14 | 67 | None | |
| EQT | EQT Corp | Options Chain | 1.44 | 1.53 | 0.60 | 2.50 | 0.24 | 0.38 | 44 | 358 | -0.29 | -0.04 | 61.42 | 57.50 | 4/17/2026 | No | 14 | 70 | None | |
| GM | General Motors Company | Options Chain | 1.75 | 2.01 | 0.60 | 2.50 | 0.24 | 0.37 | 118 | 25 | -0.29 | -0.04 | 78.71 | 72.50 | 4/17/2026 | No | 11 | 60 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.32 | 0.40 | 0.24 | 1.00 | 0.24 | 0.20 | 17 | 0 | -0.23 | -0.01 | 36.14 | 35.00 | 4/17/2026 | No | 10 | 67 | None | |
| AA | Alcoa Corp | Options Chain | 2.24 | 2.50 | 1.19 | 5.00 | 0.24 | 0.70 | 87 | 43 | -0.22 | -0.05 | 62.08 | 55.00 | 4/17/2026 | Yes | 12 | 51 | None | |
| WFC | Wells Fargo & Company | Options Chain | 2.35 | 2.43 | 0.58 | 2.50 | 0.23 | 0.40 | 190 | 265 | -0.28 | -0.05 | 81.45 | 77.50 | 4/17/2026 | Yes | 12 | 75 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.50 | 0.65 | 0.23 | 1.00 | 0.23 | 0.42 | 1 | 0 | -0.26 | -0.01 | 22.31 | 21.00 | 4/17/2026 | No | 15 | 65 | None | |
| HPQ | HP Inc | Options Chain | 0.51 | 0.56 | 0.23 | 1.00 | 0.23 | 0.46 | 89 | 94 | -0.26 | -0.01 | 18.99 | 17.00 | 4/17/2026 | No | 9 | 42 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.55 | 6.75 | 1.15 | 5.00 | 0.23 | 0.35 | 137 | 134 | -0.28 | -0.13 | 303.42 | 280.00 | 4/17/2026 | Yes | 10 | 79 | None | |
| COP | Conoco Phillips | Options Chain | 2.61 | 2.76 | 1.15 | 5.00 | 0.23 | 0.36 | 397 | 16 | -0.29 | -0.07 | 113.46 | 110.00 | 4/17/2026 | No | 7 | 66 | None | |
| DHI | D.R. Horton Inc | Options Chain | 3.50 | 4.00 | 1.12 | 5.00 | 0.22 | 0.38 | 3 | 13 | -0.29 | -0.09 | 160.39 | 145.00 | 4/17/2026 | No | 13 | 65 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.00 | 2.14 | 0.56 | 2.50 | 0.22 | 0.56 | 119 | 676 | -0.25 | -0.05 | 65.70 | 57.50 | 4/17/2026 | Yes | 12 | 58 | None | |
| EL | Estee Lauder Cos. Inc - Class A | Options Chain | 2.44 | 2.69 | 1.11 | 5.00 | 0.22 | 0.43 | 13 | 21 | -0.24 | -0.06 | 109.47 | 95.00 | 4/17/2026 | No | 5 | 49 | None | |
| NEM | Newmont Corp | Options Chain | 3.40 | 3.95 | 1.11 | 5.00 | 0.22 | 0.52 | 808 | 127 | -0.26 | -0.09 | 130.19 | 115.00 | 4/17/2026 | No | 15 | 73 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.20 | 7.70 | 2.20 | 10.00 | 0.22 | 0.41 | 536 | 258 | -0.26 | -0.14 | 293.27 | 270.00 | 4/17/2026 | Yes | 10 | 58 | None | |
| ADI | Analog Devices Inc | Options Chain | 7.40 | 7.90 | 2.20 | 10.00 | 0.22 | 0.35 | 36 | 3 | -0.27 | -0.17 | 355.79 | 330.00 | 4/17/2026 | No | 12 | 68 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.55 | 1.85 | 0.55 | 2.50 | 0.22 | 0.48 | 1 | 14 | -0.27 | -0.04 | 57.52 | 52.50 | 4/17/2026 | No | 7 | 55 | None | |
| CARR | Carrier Global Corp | Options Chain | 1.40 | 1.55 | 0.55 | 2.50 | 0.22 | 0.36 | 19 | 12 | -0.28 | -0.03 | 64.40 | 60.00 | 4/17/2026 | No | 8 | 57 | None | |
| ING | ING Groep N.V. | Options Chain | 0.60 | 0.70 | 0.22 | 1.00 | 0.22 | 0.37 | 1 | 5 | -0.27 | -0.01 | 28.77 | 26.00 | 4/17/2026 | No | 8 | 49 | None | |
| BCS | Barclays plc | Options Chain | 0.60 | 0.70 | 0.22 | 1.00 | 0.22 | 0.41 | 109 | 0 | -0.27 | -0.01 | 24.28 | 22.00 | 4/17/2026 | No | 17 | 56 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.25 | 1.37 | 0.54 | 2.50 | 0.22 | 0.39 | 861 | 193 | -0.28 | -0.03 | 53.08 | 50.00 | 4/17/2026 | Yes | 7 | 52 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.15 | 3.45 | 1.06 | 5.00 | 0.21 | 0.34 | 412 | 648 | -0.27 | -0.08 | 152.50 | 145.00 | 4/17/2026 | No | 9 | 66 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.15 | 5.60 | 1.05 | 5.00 | 0.21 | 0.41 | 57 | 22 | -0.26 | -0.14 | 239.66 | 220.00 | 4/17/2026 | No | 10 | 66 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 4.20 | 5.10 | 1.05 | 5.00 | 0.21 | 0.40 | 19 | 221 | -0.30 | -0.09 | 174.08 | 165.00 | 4/17/2026 | No | 8 | 70 | None | |
| SLB | SLB | Options Chain | 1.22 | 1.30 | 0.52 | 2.50 | 0.21 | 0.41 | 17 | 44 | -0.25 | -0.03 | 51.22 | 47.50 | 4/17/2026 | No | 8 | 65 | None | |
| RTX | RTX Corp | Options Chain | 4.30 | 4.75 | 1.03 | 5.00 | 0.21 | 0.33 | 411 | 143 | -0.26 | -0.10 | 202.62 | 200.00 | 4/17/2026 | No | 13 | 64 | None | |
| QCOM | Qualcomm Inc | Options Chain | 2.87 | 2.97 | 1.01 | 5.00 | 0.20 | 0.37 | 61 | 54 | -0.26 | -0.06 | 142.36 | 130.00 | 4/17/2026 | No | 11 | 70 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.35 | 0.55 | 0.20 | 1.00 | 0.20 | 0.42 | 0 | 5 | -0.27 | -0.01 | 18.29 | 17.00 | 4/17/2026 | Yes | 9 | 66 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.40 | 0.50 | 0.20 | 1.00 | 0.20 | 0.36 | 1 | 51 | -0.30 | -0.01 | 16.80 | 16.00 | 4/17/2026 | Yes | 7 | 57 | None | |
| MS | Morgan Stanley | Options Chain | 4.10 | 4.35 | 0.98 | 5.00 | 0.20 | 0.42 | 41 | 25 | -0.26 | -0.10 | 166.51 | 155.00 | 4/17/2026 | Yes | 10 | 67 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.62 | 0.67 | 0.29 | 1.50 | 0.19 | 0.32 | 13 | 47 | -0.29 | -0.01 | 30.96 | 29.00 | 4/17/2026 | No | 10 | 60 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.47 | 0.52 | 0.19 | 1.00 | 0.19 | 0.27 | 110 | 20 | -0.24 | -0.01 | 33.27 | 32.00 | 4/17/2026 | Yes | 10 | 67 | None | |
| EQNR | Equinor ASA | Options Chain | 0.50 | 0.65 | 0.18 | 1.00 | 0.18 | 0.37 | 2 | 1 | -0.26 | -0.02 | 29.83 | 29.00 | 4/17/2026 | No | 10 | 63 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.60 | 1.68 | 0.88 | 5.00 | 0.18 | 0.52 | 89 | 67 | -0.22 | -0.04 | 68.38 | 60.00 | 4/17/2026 | No | 11 | 55 | None | |
| WMT | Walmart Inc | Options Chain | 2.14 | 2.19 | 0.88 | 5.00 | 0.18 | 0.29 | 671 | 264 | -0.24 | -0.05 | 127.95 | 120.00 | 4/17/2026 | No | 8 | 56 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.55 | 0.75 | 0.17 | 1.00 | 0.17 | 0.46 | 0 | 1 | -0.26 | -0.02 | 26.26 | 24.00 | 4/17/2026 | No | 7 | 58 | None | |
| ICE | Intercontinental Exchange Inc | Options Chain | 2.25 | 2.65 | 0.85 | 5.00 | 0.17 | 0.28 | 5 | 3 | -0.26 | -0.06 | 164.13 | 155.00 | 4/17/2026 | No | 9 | 71 | None | |
| DOW | Dow Inc | Options Chain | 0.63 | 0.77 | 0.41 | 2.50 | 0.16 | 0.46 | 15 | 16 | -0.23 | -0.02 | 30.73 | 27.50 | 4/17/2026 | No | 7 | 50 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.30 | 1.45 | 0.40 | 2.50 | 0.16 | 0.44 | 3 | 2 | -0.23 | -0.04 | 64.97 | 57.50 | 4/17/2026 | No | 15 | 71 | None | |
| KO | Coca-Cola Company | Options Chain | 0.97 | 1.01 | 0.40 | 2.50 | 0.16 | 0.19 | 239 | 347 | -0.30 | -0.02 | 81.77 | 77.50 | 4/17/2026 | No | 8 | 62 | None | |
| KEY | Keycorp | Options Chain | 0.43 | 0.46 | 0.16 | 1.00 | 0.16 | 0.41 | 4 | 0 | -0.24 | -0.01 | 20.74 | 19.00 | 4/17/2026 | Yes | 9 | 59 | None | |
| PCG | PG&E Corp | Options Chain | 0.30 | 0.39 | 0.16 | 1.00 | 0.16 | 0.30 | 14 | 2 | -0.28 | -0.01 | 19.00 | 18.00 | 4/17/2026 | No | 10 | 60 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.35 | 0.45 | 0.15 | 1.00 | 0.15 | 0.24 | 4 | 7 | -0.23 | -0.01 | 35.54 | 33.00 | 4/17/2026 | No | 13 | 68 | None |