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 | 7.95 | 10.40 | 1.25 | 2.50 | 0.50 | 0.67 | 1 | 18 | -0.29 | -0.19 | 186.22 | 172.50 | 6/26/2026 | Yes | 9 | 66 | None | |
| QCOM | Qualcomm Inc | Options Chain | 10.30 | 12.70 | 1.12 | 2.50 | 0.45 | 0.73 | 2 | 66 | -0.29 | -0.21 | 208.00 | 192.50 | 6/26/2026 | No | 14 | 71 | None | |
| LUV | Southwest Airlines Company | Options Chain | 1.05 | 1.67 | 0.44 | 1.00 | 0.44 | 0.53 | 2 | 2 | -0.28 | -0.03 | 39.48 | 36.00 | 6/26/2026 | No | 12 | 62 | None | |
| ACN | Accenture plc - Class A | Options Chain | 4.90 | 6.70 | 1.90 | 5.00 | 0.38 | 0.56 | 85 | 48 | -0.27 | -0.13 | 169.77 | 145.00 | 6/26/2026 | Yes | 17 | 68 | None | |
| GM | General Motors Company | Options Chain | 1.36 | 2.09 | 0.36 | 1.00 | 0.36 | 0.36 | 10 | 1 | -0.27 | -0.04 | 76.42 | 71.00 | 6/26/2026 | No | 9 | 60 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.77 | 2.82 | 0.36 | 1.00 | 0.36 | 0.52 | 15 | 0 | -0.28 | -0.06 | 66.15 | 62.00 | 6/26/2026 | No | 11 | 57 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.27 | 1.67 | 0.36 | 1.00 | 0.36 | 0.37 | 1 | 0 | -0.30 | -0.03 | 56.15 | 53.00 | 6/26/2026 | No | 7 | 50 | None | |
| CEG | Constellation Energy Corporation | Options Chain | 8.50 | 10.20 | 1.70 | 5.00 | 0.34 | 0.50 | 1 | 23 | -0.29 | -0.21 | 292.50 | 255.00 | 6/26/2026 | No | 9 | 69 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.02 | 1.50 | 0.33 | 1.00 | 0.33 | 0.39 | 10 | 1 | -0.30 | -0.02 | 46.97 | 44.00 | 6/26/2026 | No | 10 | 60 | None | |
| WMT | Walmart Inc | Options Chain | 2.53 | 3.20 | 0.32 | 1.00 | 0.32 | 0.32 | 2 | 1 | -0.29 | -0.06 | 130.20 | 125.00 | 6/26/2026 | Yes | 8 | 58 | None | |
| DOW | Dow Inc | Options Chain | 1.08 | 1.61 | 0.32 | 1.00 | 0.32 | 0.50 | 448 | 56 | -0.30 | -0.03 | 39.50 | 36.00 | 6/26/2026 | No | 6 | 49 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.25 | 13.15 | 1.57 | 5.00 | 0.31 | 0.43 | 17 | 40 | -0.30 | -0.27 | 394.60 | 375.00 | 6/26/2026 | No | 20 | 61 |
Dividend Stock List |
|
| NXPI | NXP Semiconductors NV | Options Chain | 8.90 | 9.40 | 3.10 | 10.00 | 0.31 | 0.47 | 33 | 31 | -0.30 | -0.22 | 294.01 | 280.00 | 6/18/2026 | No | 10 | 63 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 10.80 | 13.55 | 1.53 | 5.00 | 0.31 | 0.71 | 27 | 16 | -0.28 | -0.25 | 238.91 | 220.00 | 6/26/2026 | Yes | 15 | 59 | None | |
| HD | Home Depot Inc | Options Chain | 6.40 | 7.80 | 1.52 | 5.00 | 0.30 | 0.35 | 2 | 12 | -0.29 | -0.13 | 310.55 | 285.00 | 6/26/2026 | Yes | 6 | 60 | None | |
| BWA | BorgWarner Inc | Options Chain | 1.95 | 2.20 | 0.75 | 2.50 | 0.30 | 0.50 | 3141 | 4 | -0.29 | -0.06 | 63.80 | 62.50 | 6/18/2026 | No | 12 | 60 | None | |
| NVO | Novo Nordisk | Options Chain | 1.05 | 1.30 | 0.28 | 1.00 | 0.28 | 0.39 | 2 | 2 | -0.26 | -0.03 | 47.01 | 44.00 | 6/26/2026 | No | 13 | 54 | None | |
| GLW | Corning Inc | Options Chain | 11.00 | 13.30 | 0.70 | 2.50 | 0.28 | 0.76 | 2 | 33 | -0.30 | -0.22 | 195.58 | 187.50 | 6/26/2026 | No | 8 | 52 | None | |
| AA | Alcoa Corp | Options Chain | 2.53 | 2.86 | 0.27 | 1.00 | 0.27 | 0.55 | 1483 | 0 | -0.29 | -0.06 | 67.68 | 63.00 | 6/26/2026 | No | 12 | 53 | None | |
| MSFT | Microsoft Corporation | Options Chain | 6.20 | 6.55 | 1.28 | 5.00 | 0.26 | 0.29 | 303 | 2227 | -0.27 | -0.18 | 407.60 | 385.00 | 6/18/2026 | No | 15 | 72 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.25 | 8.80 | 1.28 | 5.00 | 0.26 | 0.31 | 9 | 12 | -0.28 | -0.17 | 396.00 | 380.00 | 6/26/2026 | No | 11 | 64 | None | |
| AVGO | Broadcom Inc | Options Chain | 12.05 | 12.25 | 2.55 | 10.00 | 0.26 | 0.54 | 494 | 445 | -0.26 | -0.34 | 417.45 | 380.00 | 6/18/2026 | Yes | 9 | 62 | None | |
| VST | Vistra Corp | Options Chain | 4.00 | 4.60 | 1.27 | 5.00 | 0.25 | 0.51 | 33 | 10 | -0.26 | -0.10 | 146.87 | 130.00 | 6/26/2026 | Yes | 9 | 63 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 3.30 | 3.60 | 1.25 | 5.00 | 0.25 | 0.50 | 86 | 101 | -0.26 | -0.10 | 127.87 | 115.00 | 6/18/2026 | No | 8 | 58 | None | |
| NTAP | Netapp Inc | Options Chain | 3.50 | 3.90 | 1.25 | 5.00 | 0.25 | 0.52 | 13 | 7 | -0.28 | -0.10 | 116.50 | 110.00 | 6/18/2026 | Yes | 12 | 61 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.34 | 0.56 | 0.25 | 1.00 | 0.25 | 0.27 | 21 | 0 | -0.23 | -0.01 | 32.60 | 31.00 | 6/26/2026 | No | 11 | 67 | None | |
| EXC | Exelon Corp | Options Chain | 0.35 | 0.65 | 0.25 | 1.00 | 0.25 | 0.22 | 10 | 2 | -0.23 | -0.01 | 45.44 | 42.00 | 6/18/2026 | No | 11 | 65 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.60 | 0.25 | 1.00 | 0.25 | 0.41 | 1 | 0 | -0.29 | -0.01 | 20.17 | 19.00 | 6/18/2026 | Yes | 8 | 58 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.70 | 0.90 | 0.25 | 1.00 | 0.25 | 0.41 | 21 | 102 | -0.30 | -0.02 | 30.01 | 28.00 | 6/18/2026 | No | 14 | 66 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.80 | 0.96 | 0.24 | 1.00 | 0.24 | 0.30 | 119 | 3 | -0.27 | -0.02 | 50.82 | 47.00 | 6/26/2026 | No | 10 | 65 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.24 | 0.55 | 0.23 | 1.00 | 0.23 | 0.35 | 11 | 6 | -0.20 | -0.01 | 24.94 | 23.00 | 6/26/2026 | No | 15 | 61 | None | |
| BCS | Barclays plc | Options Chain | 0.50 | 0.55 | 0.23 | 1.00 | 0.23 | 0.46 | 6190 | 0 | -0.24 | -0.02 | 22.64 | 21.00 | 6/18/2026 | No | 15 | 61 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.80 | 0.95 | 0.23 | 1.00 | 0.23 | 0.32 | 7 | 2 | -0.29 | -0.03 | 48.63 | 45.00 | 6/18/2026 | No | 10 | 68 | None | |
| AZN | Astrazeneca plc | Options Chain | 3.30 | 3.60 | 1.12 | 5.00 | 0.22 | 0.30 | 37 | 3 | -0.29 | -0.10 | 185.55 | 180.00 | 6/18/2026 | No | 13 | 67 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 3.95 | 4.90 | 1.11 | 5.00 | 0.22 | 0.27 | 33 | 14 | -0.26 | -0.14 | 304.55 | 285.00 | 6/26/2026 | No | 12 | 79 | None | |
| WMS | Advanced Drainage Systems Inc | Options Chain | 4.00 | 5.00 | 1.10 | 5.00 | 0.22 | 0.58 | 1074 | 0 | -0.27 | -0.11 | 139.79 | 125.00 | 6/18/2026 | Yes | 12 | 53 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.36 | 0.77 | 0.22 | 1.00 | 0.22 | 0.22 | 0 | 202 | -0.27 | -0.01 | 38.30 | 37.00 | 6/26/2026 | No | 9 | 59 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.77 | 3.90 | 1.09 | 5.00 | 0.22 | 0.24 | 1 | 0 | -0.29 | -0.07 | 224.37 | 220.00 | 6/26/2026 | No | 12 | 72 | None | |
| COST | Costco Wholesale Corp | Options Chain | 17.10 | 20.95 | 1.08 | 5.00 | 0.22 | 0.27 | 3 | 0 | -0.29 | -0.43 | 1,019.20 | 990.00 | 6/26/2026 | Yes | 15 | 61 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.80 | 2.05 | 1.08 | 5.00 | 0.22 | 0.44 | 729 | 71 | -0.29 | -0.06 | 76.94 | 70.00 | 6/18/2026 | No | 14 | 63 | None | |
| ING | ING Groep N.V. | Options Chain | 0.45 | 0.55 | 0.20 | 1.00 | 0.20 | 0.33 | 69 | 0 | -0.26 | -0.02 | 29.77 | 28.00 | 6/18/2026 | No | 12 | 63 | None | |
| EC | Ecopetrol SA | Options Chain | 0.25 | 0.45 | 0.20 | 1.00 | 0.20 | 0.44 | 0 | 1 | -0.28 | -0.01 | 13.02 | 12.00 | 6/18/2026 | Yes | 13 | 58 | None | |
| INFY | Infosys Ltd | Options Chain | 0.30 | 0.50 | 0.20 | 1.00 | 0.20 | 0.40 | 4026 | 13 | -0.29 | 0.00 | 12.09 | 11.00 | 6/18/2026 | No | 13 | 43 | None | |
| MO | Altria Group Inc | Options Chain | 1.03 | 1.58 | 0.20 | 1.00 | 0.20 | 0.26 | 1 | 1 | -0.29 | -0.02 | 69.89 | 68.00 | 6/26/2026 | No | 12 | 67 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.75 | 1.00 | 0.20 | 1.00 | 0.20 | 0.33 | 28 | 3 | -0.30 | -0.03 | 42.84 | 40.00 | 6/18/2026 | No | 15 | 77 | None | |
| BK | Bank Of New York Mellon Corp | Options Chain | 2.10 | 2.45 | 0.93 | 5.00 | 0.19 | 0.28 | 45 | 18 | -0.29 | -0.07 | 134.00 | 130.00 | 6/18/2026 | No | 16 | 74 | None | |
| UNM | Unum Group | Options Chain | 0.80 | 1.40 | 0.45 | 2.50 | 0.18 | 0.24 | 489 | 0 | -0.28 | -0.04 | 80.00 | 77.50 | 6/18/2026 | No | 12 | 69 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.62 | 2.68 | 0.86 | 5.00 | 0.17 | 0.31 | 7 | 5 | -0.22 | -0.05 | 150.52 | 140.00 | 6/26/2026 | No | 10 | 71 | None | |
| AEP | American Electric Power Company Inc | Options Chain | 0.80 | 1.85 | 0.85 | 5.00 | 0.17 | 0.24 | 45 | 82 | -0.19 | -0.05 | 131.94 | 120.00 | 6/18/2026 | No | 8 | 67 | None | |
| F | Ford Motor Company | Options Chain | 0.06 | 0.50 | 0.08 | 0.50 | 0.16 | 0.38 | 127 | 113 | -0.24 | -0.01 | 11.99 | 12.50 | 6/26/2026 | No | 9 | 50 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.75 | 2.25 | 0.77 | 5.00 | 0.15 | 0.36 | 258 | 200 | -0.25 | -0.06 | 109.47 | 105.00 | 6/18/2026 | No | 8 | 64 | None | |
| KO | Coca-Cola Company | Options Chain | 0.72 | 1.03 | 0.15 | 1.00 | 0.15 | 0.20 | 107 | 1 | -0.27 | -0.02 | 79.97 | 77.00 | 6/26/2026 | No | 9 | 63 | None |