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.

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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
GLW Corning Inc Options Chain 8.30 8.90 1.65 5.00 0.33 0.69 88 54 -0.30 -0.16 159.72 150.00 6/18/2026 No 9 57 None
QCOM Qualcomm Inc Options Chain 6.30 6.50 1.60 5.00 0.32 0.48 586 1105 -0.27 -0.11 168.38 170.00 6/18/2026 No 11 63 None
ORCL Oracle Corp Options Chain 8.30 8.40 1.55 5.00 0.31 0.67 91 232 -0.28 -0.18 180.95 165.00 6/18/2026 Yes 7 61 None
TSM Taiwan Semiconductor Manufacturing Options Chain 12.35 12.50 2.90 10.00 0.29 0.44 203 348 -0.26 -0.25 401.61 370.00 6/18/2026 No 20 61
Dividend Stock List
HD Home Depot Inc Options Chain 7.35 7.65 1.45 5.00 0.29 0.36 23 23 -0.28 -0.15 312.42 295.00 6/18/2026 Yes 6 60 None
IVZ Invesco Ltd Options Chain 0.60 0.85 0.28 1.00 0.28 0.38 0 1 -0.29 -0.01 26.04 25.00 6/18/2026 No 8 58 None
DKS Dicks Sporting Goods Inc Options Chain 7.00 7.60 1.40 5.00 0.28 0.48 3 0 -0.30 -0.14 217.27 200.00 6/18/2026 Yes 8 61 None
BWA BorgWarner Inc Options Chain 1.65 2.15 0.70 2.50 0.28 0.46 10 3 -0.30 -0.04 56.26 52.50 6/18/2026 Yes 10 58 None
EBAY EBay Inc Options Chain 2.28 2.88 0.69 2.50 0.28 0.40 18 52 -0.27 -0.06 109.33 97.50 6/18/2026 Yes 7 58 None
JCI Johnson Controls International plc Options Chain 3.10 4.20 1.37 5.00 0.27 0.40 900 1 -0.27 -0.08 144.40 135.00 6/18/2026 Yes 9 60 None
GPN Global Payments Inc Options Chain 1.90 2.10 0.67 2.50 0.27 0.52 0 3 -0.24 -0.05 71.80 62.50 6/18/2026 Yes 11 66 None
UNH Unitedhealth Group Inc Options Chain 7.35 7.90 2.65 10.00 0.27 0.28 54 52 -0.28 -0.15 370.75 350.00 6/18/2026 No 11 64 None
DAL Delta Air Lines Inc Options Chain 1.95 2.04 0.63 2.50 0.25 0.44 267 13 -0.28 -0.04 68.50 65.00 6/18/2026 No 17 66 None
MPC Marathon Petroleum Corp Options Chain 6.40 6.90 2.50 10.00 0.25 0.41 21 15 -0.29 -0.14 252.54 240.00 6/18/2026 Yes 11 64 None
PR Permian Resources Corp - Class A Options Chain 0.55 0.65 0.25 1.00 0.25 0.42 0 1 -0.30 -0.01 22.52 21.00 6/18/2026 Yes 8 58 None
APA APA Corporation Options Chain 1.23 1.45 0.61 2.50 0.24 0.53 1 3 -0.26 -0.03 42.02 37.50 6/18/2026 Yes 9 51 None
DVN Devon Energy Corp Options Chain 1.13 1.35 0.61 2.50 0.24 0.41 16 153 -0.26 -0.03 51.26 47.50 6/18/2026 Yes 7 53 None
NYT New York Times Co. - Class A Options Chain 1.65 2.15 0.60 2.50 0.24 0.41 3 0 -0.27 -0.05 78.23 72.50 6/18/2026 Yes 13 59 None
CMCSA Comcast Corp - Class A Options Chain 0.48 0.59 0.24 1.00 0.24 0.32 222 6056 -0.26 -0.01 27.07 25.00 6/18/2026 No 10 52 None
OXY Occidental Petroleum Corp Options Chain 1.43 1.49 0.59 2.50 0.24 0.42 166 221 -0.28 -0.03 60.27 55.00 6/18/2026 Yes 7 51 None
EC Ecopetrol SA Options Chain 0.40 0.55 0.23 1.00 0.23 0.48 2 4 -0.30 -0.01 14.03 13.00 6/18/2026 Yes 11 59 None
NXPI NXP Semiconductors NV Options Chain 6.70 7.20 2.30 10.00 0.23 0.43 5 2 -0.25 -0.17 290.76 270.00 6/18/2026 No 10 63 None
CSCO Cisco Systems Inc Options Chain 2.01 2.08 0.57 2.50 0.23 0.37 93 64 -0.26 -0.05 92.63 87.50 6/18/2026 Yes 10 65 None
JPM JPMorgan Chase & Company Options Chain 4.70 4.85 1.13 5.00 0.23 0.26 58 55 -0.25 -0.13 307.65 295.00 6/18/2026 No 11 79 None
RF Regions Financial Corp Options Chain 0.35 0.65 0.22 1.00 0.22 0.32 1 10 -0.25 -0.01 27.66 26.00 6/18/2026 No 17 70 None
APH Amphenol Corp - Class A Options Chain 3.40 3.70 1.05 5.00 0.21 0.49 31 1221 -0.24 -0.10 141.30 125.00 6/18/2026 No 9 58 None
A Agilent Technologies Inc Options Chain 2.75 3.40 1.05 5.00 0.21 0.42 16 0 -0.30 -0.07 112.18 110.00 6/18/2026 Yes 13 60 None
KMI Kinder Morgan Inc - Class P Options Chain 0.46 0.49 0.21 1.00 0.21 0.24 16 8 -0.27 -0.01 32.47 31.00 6/18/2026 No 10 60 None
T AT&T Inc Options Chain 0.43 0.44 0.21 1.00 0.21 0.24 29 56 -0.29 -0.01 26.10 25.00 6/18/2026 No 8 57 None
C Citigroup Inc Options Chain 2.54 2.62 1.03 5.00 0.21 0.34 26 40 -0.27 -0.07 125.63 120.00 6/18/2026 No 14 77 None
PAAS Pan American Silver Corp Options Chain 1.45 1.60 1.00 5.00 0.20 0.58 1 1 -0.23 -0.04 51.11 45.00 6/18/2026 Yes 14 55 None
INFY Infosys Ltd Options Chain 0.30 0.40 0.20 1.00 0.20 0.48 20 141 -0.24 0.00 12.24 11.00 6/18/2026 No 16 51 None
HST Host Hotels & Resorts Inc Options Chain 0.35 0.50 0.20 1.00 0.20 0.32 0 2 -0.26 -0.01 20.86 20.00 6/18/2026 Yes 13 60 None
RRC Range Resources Corp Options Chain 0.75 0.85 0.20 1.00 0.20 0.36 11 0 -0.26 -0.02 43.00 40.00 6/18/2026 No 12 54 None
PPL PPL Corp Options Chain 0.50 0.60 0.20 1.00 0.20 0.23 4 20 -0.30 -0.01 37.80 36.00 6/18/2026 Yes 7 59 None
HPQ HP Inc Options Chain 0.44 0.48 0.18 1.00 0.18 0.55 21 40 -0.21 -0.01 20.80 18.00 6/18/2026 Yes 13 52 None
VZ Verizon Communications Inc Options Chain 0.52 0.54 0.18 1.00 0.18 0.23 68 66 -0.24 -0.02 47.57 45.00 6/18/2026 No 12 73 None
BCS Barclays plc Options Chain 0.50 0.55 0.18 1.00 0.18 0.42 1 0 -0.27 -0.01 22.85 21.00 6/18/2026 No 17 68 None
KO Coca-Cola Company Options Chain 0.80 0.85 0.42 2.50 0.17 0.20 79 107 -0.26 -0.02 78.32 75.00 6/18/2026 No 8 63 None
GIS General Mills Inc Options Chain 0.60 0.70 0.42 2.50 0.17 0.31 75 24 -0.28 -0.02 34.43 32.50 6/18/2026 No 10 61 None
SHEL Shell Plc ADR (Representing - ) Options Chain 1.10 1.25 0.40 2.50 0.16 0.30 1 0 -0.22 -0.03 89.26 82.50 6/18/2026 Yes 18 73 None
BHP BHP Group Ltd Options Chain 1.25 1.50 0.40 2.50 0.16 0.36 21 0 -0.23 -0.04 78.43 72.50 6/18/2026 No 12 25 None
F Ford Motor Company Options Chain 0.22 0.24 0.16 1.00 0.16 0.32 534 136 -0.26 0.00 11.50 11.00 6/18/2026 Yes 7 50 None
WMT Walmart Inc Options Chain 1.72 1.77 0.79 5.00 0.16 0.32 65 45 -0.21 -0.05 130.33 120.00 6/18/2026 Yes 7 56 None
FCX Freeport-McMoRan Inc Options Chain 0.95 1.06 0.45 3.00 0.15 0.50 2114 87 -0.18 -0.03 55.57 50.00 6/18/2026 No 14 63 None
SAN Banco Santander S.A. Options Chain 0.20 0.30 0.15 1.00 0.15 0.36 1 0 -0.27 -0.01 11.55 11.00 6/18/2026 No 14 55 None