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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.65 | 11.20 | 2.70 | 10.00 | 0.27 | 0.37 | 37 | 106 | -0.28 | -0.21 | 417.70 | 390.00 | 10/16/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| TGT | Target Corp | Options Chain | 3.50 | 3.70 | 1.31 | 5.00 | 0.26 | 0.31 | 279 | 980 | -0.28 | -0.08 | 163.37 | 155.00 | 10/16/2026 | No | 14 | 72 | None | |
| V | Visa Inc - Class A | Options Chain | 5.55 | 6.65 | 1.27 | 5.00 | 0.25 | 0.22 | 54 | 79 | -0.28 | -0.14 | 384.14 | 370.00 | 10/16/2026 | No | 10 | 69 | None | |
| SYK | Stryker Corp | Options Chain | 5.40 | 6.10 | 2.25 | 10.00 | 0.23 | 0.28 | 5 | 12 | -0.26 | -0.12 | 328.00 | 310.00 | 10/16/2026 | No | 13 | 69 | None | |
| WSM | Williams-Sonoma Inc | Options Chain | 4.10 | 7.00 | 2.15 | 10.00 | 0.21 | 0.45 | 8 | 1 | -0.22 | -0.13 | 234.00 | 210.00 | 10/16/2026 | Yes | 14 | 64 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.59 | 0.69 | 0.21 | 1.00 | 0.21 | 0.24 | 82 | 28 | -0.23 | -0.01 | 50.15 | 47.00 | 10/16/2026 | No | 10 | 74 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.40 | 2.64 | 1.00 | 5.00 | 0.20 | 0.29 | 3235 | 111 | -0.23 | -0.06 | 160.00 | 150.00 | 10/16/2026 | No | 13 | 73 | None | |
| TTE | TotalEnergies SE | Options Chain | 1.00 | 1.20 | 0.45 | 2.50 | 0.18 | 0.26 | 5 | 0 | -0.21 | -0.02 | 89.10 | 82.50 | 10/16/2026 | No | 11 | 53 | None | |
| T | AT&T Inc | Options Chain | 0.34 | 0.38 | 0.18 | 1.00 | 0.18 | 0.27 | 113 | 101 | -0.24 | -0.01 | 25.74 | 24.00 | 10/16/2026 | No | 14 | 67 | None | |
| WMT | Walmart Inc | Options Chain | 1.27 | 1.35 | 0.79 | 5.00 | 0.16 | 0.23 | 589 | 342 | -0.25 | -0.04 | 105.35 | 100.00 | 10/16/2026 | No | 9 | 60 | None |