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.

Download as spreadsheet Download

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 9.05 11.00 1.63 2.50 0.65 0.66 58 14 -0.29 -0.20 189.76 180.00 6/26/2026 Yes 9 66 None
NVO Novo Nordisk Options Chain 1.01 1.10 0.48 1.00 0.48 0.36 6 26 -0.25 -0.03 47.08 43.00 6/26/2026 No 13 54 None
CSCO Cisco Systems Inc Options Chain 2.57 3.60 0.40 1.00 0.40 0.38 3 3 -0.29 -0.06 122.00 109.00 6/26/2026 Yes 9 65 None
TSM Taiwan Semiconductor Manufacturing Options Chain 12.05 14.05 1.80 5.00 0.36 0.44 17 25 -0.29 -0.28 399.80 390.00 6/26/2026 No 20 61
Dividend Stock List
SCHW Charles Schwab Corp Options Chain 1.13 2.85 0.36 1.00 0.36 0.33 0 32 -0.27 -0.04 91.18 86.00 6/26/2026 No 15 69 None
DELL Dell Technologies Inc - Class C Options Chain 10.40 13.25 1.70 5.00 0.34 0.71 4 3 -0.28 -0.25 243.87 220.00 6/26/2026 Yes 15 59 None
COST Costco Wholesale Corp Options Chain 16.40 19.00 1.70 5.00 0.34 0.27 2 0 -0.30 -0.45 1,028.96 995.00 6/26/2026 Yes 15 60 None
OXY Occidental Petroleum Corp Options Chain 0.98 1.74 0.32 1.00 0.32 0.38 0 4 -0.27 -0.02 56.18 53.00 6/26/2026 No 8 50 None
BMY Bristol-Myers Squibb Company Options Chain 0.92 1.15 0.31 1.00 0.31 0.27 1 0 -0.27 -0.02 56.39 54.00 6/26/2026 No 15 61 None
UNH Unitedhealth Group Inc Options Chain 7.85 9.40 1.50 5.00 0.30 0.31 5 2 -0.29 -0.16 400.61 380.00 6/26/2026 No 9 58 None
HPQ HP Inc Options Chain 0.69 0.97 0.15 0.50 0.30 0.58 2 0 -0.29 -0.02 21.38 19.00 6/26/2026 Yes 13 50 None
JPM JPMorgan Chase & Company Options Chain 4.50 6.80 1.49 5.00 0.30 0.27 3 0 -0.29 -0.13 300.25 290.00 6/26/2026 No 9 70 None
CMCSA Comcast Corp - Class A Options Chain 0.43 0.67 0.29 1.00 0.29 0.35 0 1 -0.28 -0.01 24.94 24.00 6/26/2026 No 15 61 None
F Ford Motor Company Options Chain 0.35 0.43 0.14 0.50 0.28 0.42 33 388 -0.28 -0.01 13.71 13.50 6/26/2026 No 9 50 None
GLW Corning Inc Options Chain 10.45 13.15 0.70 2.50 0.28 0.77 0 3 -0.30 -0.21 206.51 187.50 6/26/2026 No 8 52 None
VST Vistra Corp Options Chain 4.45 5.00 1.35 5.00 0.27 0.50 14 14 -0.29 -0.11 142.61 130.00 6/26/2026 Yes 6 56 None
BAC Bank Of America Corp Options Chain 0.72 0.97 0.26 1.00 0.26 0.31 5 4 -0.26 -0.02 49.84 47.00 6/26/2026 No 11 64 None
DOW Dow Inc Options Chain 1.07 1.50 0.25 1.00 0.25 0.46 0 110 -0.30 -0.02 38.84 36.00 6/26/2026 No 5 47 None
TSCO Tractor Supply Company Options Chain 0.70 0.95 0.23 1.00 0.23 0.45 2 0 -0.27 -0.02 30.59 28.00 6/26/2026 No 10 57 None
SLB SLB Options Chain 1.10 1.46 0.23 1.00 0.23 0.36 3 0 -0.28 -0.02 55.38 52.00 6/26/2026 No 9 66 None
V Visa Inc - Class A Options Chain 4.45 5.40 1.13 5.00 0.23 0.25 12 3 -0.29 -0.13 320.31 310.00 6/26/2026 No 12 71 None
XOM Exxon Mobil Corp Options Chain 2.24 3.35 1.11 5.00 0.22 0.27 8 1 -0.29 -0.05 151.57 145.00 6/26/2026 No 9 64 None
IBM International Business Machines Corp Options Chain 3.80 4.40 1.07 5.00 0.21 0.34 20 2 -0.26 -0.12 214.64 205.00 6/26/2026 No 14 72 None
VZ Verizon Communications Inc Options Chain 0.50 0.66 0.21 1.00 0.21 0.24 2 0 -0.27 -0.02 47.21 45.00 6/26/2026 No 13 73 None
FCX Freeport-McMoRan Inc Options Chain 1.76 2.96 0.21 1.00 0.21 0.51 2 6 -0.29 -0.05 67.16 61.00 6/26/2026 No 11 57 None
QCOM Qualcomm Inc Options Chain 8.65 11.25 0.45 2.50 0.18 0.73 2 62 -0.30 -0.20 215.43 182.50 6/26/2026 No 10 64 None
WMT Walmart Inc Options Chain 2.52 2.64 0.18 1.00 0.18 0.30 2 3 -0.29 -0.06 131.47 126.00 6/26/2026 Yes 8 58 None