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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NVO | Novo Nordisk | Options Chain | 0.67 | 2.19 | 0.48 | 1.00 | 0.48 | 0.40 | 1 | 20 | -0.30 | -0.03 | 46.07 | 44.00 | 6/26/2026 | No | 13 | 54 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.36 | 2.42 | 0.42 | 1.00 | 0.42 | 0.33 | 0 | 2 | -0.28 | -0.05 | 88.63 | 83.00 | 6/26/2026 | No | 10 | 61 | None | |
| ORCL | Oracle Corp | Options Chain | 9.40 | 10.60 | 1.02 | 2.50 | 0.41 | 0.66 | 1 | 18 | -0.30 | -0.18 | 195.95 | 177.50 | 6/26/2026 | Yes | 9 | 66 | None | |
| TSCO | Tractor Supply Company | Options Chain | 0.70 | 1.50 | 0.40 | 1.00 | 0.40 | 0.51 | 41 | 1 | -0.28 | -0.02 | 30.25 | 28.00 | 6/26/2026 | No | 7 | 48 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 12.85 | 15.80 | 1.93 | 5.00 | 0.39 | 0.73 | 2 | 1 | -0.30 | -0.25 | 260.46 | 225.00 | 6/26/2026 | Yes | 14 | 59 | None | |
| QCOM | Qualcomm Inc | Options Chain | 13.55 | 16.25 | 1.87 | 5.00 | 0.37 | 0.78 | 0 | 14 | -0.30 | -0.24 | 219.09 | 215.00 | 6/26/2026 | No | 13 | 71 | None | |
| VST | Vistra Corp | Options Chain | 5.20 | 6.40 | 1.80 | 5.00 | 0.36 | 0.53 | 11 | 6 | -0.29 | -0.11 | 152.05 | 140.00 | 6/26/2026 | Yes | 9 | 63 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.73 | 2.33 | 0.35 | 1.00 | 0.35 | 0.21 | 9 | 0 | -0.29 | -0.04 | 146.42 | 138.00 | 6/26/2026 | No | 9 | 65 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.60 | 1.94 | 0.35 | 1.00 | 0.35 | 0.33 | 68 | 5 | -0.30 | -0.04 | 75.58 | 70.00 | 6/26/2026 | No | 13 | 73 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.90 | 13.45 | 1.73 | 5.00 | 0.35 | 0.45 | 16 | 57 | -0.28 | -0.26 | 404.54 | 375.00 | 6/26/2026 | No | 20 | 61 |
Dividend Stock List |
|
| WMT | Walmart Inc | Options Chain | 2.29 | 3.15 | 0.32 | 1.00 | 0.32 | 0.31 | 6 | 26 | -0.29 | -0.06 | 127.59 | 121.00 | 6/26/2026 | Yes | 8 | 56 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.23 | 1.68 | 0.32 | 1.00 | 0.32 | 0.37 | 7 | 13 | -0.30 | -0.03 | 53.03 | 52.00 | 6/26/2026 | No | 7 | 50 | None | |
| GE | General Electric Company | Options Chain | 6.00 | 9.25 | 1.53 | 5.00 | 0.31 | 0.40 | 2 | 0 | -0.27 | -0.17 | 297.15 | 280.00 | 6/26/2026 | No | 9 | 60 | None | |
| C | Citigroup Inc | Options Chain | 2.73 | 3.50 | 0.30 | 1.00 | 0.30 | 0.33 | 3 | 1 | -0.30 | -0.07 | 125.83 | 120.00 | 6/26/2026 | No | 12 | 69 | None | |
| HD | Home Depot Inc | Options Chain | 5.40 | 7.15 | 1.45 | 5.00 | 0.29 | 0.34 | 105 | 0 | -0.27 | -0.13 | 317.45 | 290.00 | 6/26/2026 | Yes | 6 | 60 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.50 | 0.75 | 0.28 | 1.00 | 0.28 | 0.38 | 1 | 10 | -0.26 | -0.01 | 27.59 | 26.00 | 6/18/2026 | No | 7 | 56 | None | |
| MSFT | Microsoft Corporation | Options Chain | 7.20 | 7.55 | 1.40 | 5.00 | 0.28 | 0.28 | 303 | 1601 | -0.29 | -0.18 | 415.12 | 395.00 | 6/18/2026 | No | 15 | 72 | None | |
| GLW | Corning Inc | Options Chain | 11.00 | 13.15 | 0.70 | 2.50 | 0.28 | 0.78 | 3 | 0 | -0.29 | -0.22 | 186.94 | 185.00 | 6/26/2026 | No | 8 | 52 | None | |
| CEG | Constellation Energy Corporation | Options Chain | 9.00 | 11.60 | 1.35 | 5.00 | 0.27 | 0.51 | 2 | 6 | -0.28 | -0.21 | 307.36 | 275.00 | 6/26/2026 | Yes | 6 | 63 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.28 | 0.77 | 0.27 | 1.00 | 0.27 | 0.21 | 1 | 3 | -0.24 | -0.01 | 47.23 | 45.00 | 6/26/2026 | No | 10 | 64 | None | |
| MO | Altria Group Inc | Options Chain | 0.89 | 1.27 | 0.27 | 1.00 | 0.27 | 0.26 | 4 | 17 | -0.28 | -0.02 | 68.12 | 65.00 | 6/26/2026 | No | 12 | 67 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.15 | 8.25 | 1.32 | 5.00 | 0.26 | 0.29 | 1 | 13 | -0.29 | -0.14 | 379.25 | 365.00 | 6/26/2026 | No | 11 | 64 | None | |
| TGT | Target Corp | Options Chain | 3.35 | 3.80 | 1.30 | 5.00 | 0.26 | 0.42 | 2 | 11 | -0.29 | -0.06 | 118.44 | 110.00 | 6/26/2026 | Yes | 10 | 55 | None | |
| V | Visa Inc - Class A | Options Chain | 4.40 | 5.55 | 1.28 | 5.00 | 0.26 | 0.24 | 1 | 13 | -0.29 | -0.11 | 318.60 | 310.00 | 6/26/2026 | No | 11 | 71 | None | |
| COST | Costco Wholesale Corp | Options Chain | 16.30 | 19.75 | 1.28 | 5.00 | 0.26 | 0.25 | 3 | 0 | -0.30 | -0.38 | 1,008.79 | 960.00 | 6/26/2026 | Yes | 13 | 58 | None | |
| FAST | Fastenal Company | Options Chain | 0.60 | 1.00 | 0.32 | 1.25 | 0.26 | 0.31 | 331 | 11 | -0.29 | -0.02 | 44.17 | 41.25 | 6/18/2026 | No | 16 | 56 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.37 | 3.25 | 1.26 | 5.00 | 0.25 | 0.31 | 30 | 11 | -0.26 | -0.05 | 149.68 | 140.00 | 6/26/2026 | No | 9 | 64 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.94 | 1.09 | 0.25 | 1.00 | 0.25 | 0.29 | 1 | 6 | -0.28 | -0.03 | 55.65 | 53.00 | 6/26/2026 | No | 11 | 53 | None | |
| BCS | Barclays plc | Options Chain | 0.65 | 0.75 | 0.25 | 1.00 | 0.25 | 0.42 | 2 | 4 | -0.30 | -0.01 | 23.35 | 22.00 | 6/18/2026 | No | 18 | 68 | None | |
| MET | Metlife Inc | Options Chain | 0.65 | 2.00 | 0.60 | 2.50 | 0.24 | 0.27 | 67 | 117 | -0.20 | -0.02 | 78.08 | 72.50 | 6/18/2026 | No | 15 | 72 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.75 | 1.95 | 0.60 | 2.50 | 0.24 | 0.37 | 2 | 49 | -0.27 | -0.05 | 87.50 | 82.50 | 6/18/2026 | No | 10 | 58 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 6.90 | 7.60 | 2.35 | 10.00 | 0.24 | 0.47 | 12 | 16 | -0.25 | -0.21 | 294.75 | 280.00 | 6/18/2026 | No | 10 | 63 | None | |
| CLX | Clorox Company | Options Chain | 1.80 | 2.00 | 1.15 | 5.00 | 0.23 | 0.33 | 178 | 114 | -0.30 | -0.05 | 92.45 | 85.00 | 6/18/2026 | No | 10 | 47 | None | |
| RTX | RTX Corp | Options Chain | 3.40 | 3.95 | 1.10 | 5.00 | 0.22 | 0.29 | 6 | 2 | -0.30 | -0.07 | 176.09 | 170.00 | 6/26/2026 | No | 11 | 62 | None | |
| EQNR | Equinor ASA | Options Chain | 0.60 | 1.00 | 0.22 | 1.00 | 0.22 | 0.42 | 1 | 11 | -0.24 | -0.02 | 36.69 | 35.00 | 6/18/2026 | No | 10 | 58 | None | |
| F | Ford Motor Company | Options Chain | 0.18 | 0.20 | 0.11 | 0.50 | 0.22 | 0.34 | 42 | 0 | -0.20 | 0.00 | 12.32 | 11.00 | 6/26/2026 | No | 8 | 50 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.30 | 5.00 | 1.07 | 5.00 | 0.21 | 0.34 | 6 | 9 | -0.25 | -0.10 | 229.76 | 210.00 | 6/26/2026 | No | 14 | 72 | None | |
| TJX | TJX Companies Inc | Options Chain | 2.05 | 3.10 | 1.05 | 5.00 | 0.21 | 0.29 | 2 | 11 | -0.27 | -0.05 | 148.91 | 140.00 | 6/26/2026 | Yes | 13 | 60 | None | |
| KO | Coca-Cola Company | Options Chain | 0.79 | 1.35 | 0.21 | 1.00 | 0.21 | 0.19 | 4 | 9 | -0.30 | -0.02 | 78.44 | 76.00 | 6/26/2026 | No | 9 | 63 | None | |
| SPG | Simon Property Group Inc | Options Chain | 3.00 | 3.40 | 1.02 | 5.00 | 0.20 | 0.29 | 42 | 21 | -0.26 | -0.06 | 201.00 | 190.00 | 6/18/2026 | Yes | 14 | 75 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.43 | 3.10 | 1.01 | 5.00 | 0.20 | 0.21 | 8 | 13 | -0.22 | -0.06 | 275.75 | 260.00 | 6/26/2026 | No | 12 | 68 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.70 | 1.85 | 0.50 | 2.50 | 0.20 | 0.36 | 114 | 12 | -0.22 | -0.05 | 105.38 | 100.00 | 6/18/2026 | No | 8 | 64 | None | |
| GPN | Global Payments Inc | Options Chain | 1.10 | 1.45 | 0.48 | 2.50 | 0.19 | 0.43 | 4 | 8 | -0.23 | -0.04 | 69.19 | 62.50 | 6/18/2026 | No | 10 | 62 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.87 | 2.99 | 0.19 | 1.00 | 0.19 | 0.50 | 4 | 5 | -0.30 | -0.05 | 61.65 | 60.00 | 6/26/2026 | No | 10 | 57 | None | |
| NTAP | Netapp Inc | Options Chain | 2.20 | 2.65 | 0.93 | 5.00 | 0.19 | 0.49 | 10 | 12 | -0.22 | -0.08 | 118.00 | 105.00 | 6/18/2026 | Yes | 12 | 61 | None | |
| MKC | McCormick & Co. Inc (Non Voting) | Options Chain | 0.95 | 1.20 | 0.93 | 5.00 | 0.19 | 0.34 | 80 | 58 | -0.30 | -0.03 | 48.32 | 45.00 | 6/18/2026 | No | 8 | 54 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.10 | 5.20 | 0.92 | 5.00 | 0.18 | 0.27 | 1 | 9 | -0.26 | -0.13 | 302.10 | 285.00 | 6/26/2026 | No | 12 | 79 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.55 | 0.90 | 0.18 | 1.00 | 0.18 | 0.30 | 1 | 27 | -0.26 | -0.03 | 49.33 | 46.00 | 6/18/2026 | No | 10 | 68 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.60 | 0.75 | 0.18 | 1.00 | 0.18 | 0.42 | 8 | 47 | -0.27 | -0.02 | 28.40 | 27.00 | 6/18/2026 | No | 14 | 66 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.36 | 0.64 | 0.18 | 1.00 | 0.18 | 0.23 | 10 | 0 | -0.29 | -0.01 | 31.41 | 31.00 | 6/26/2026 | No | 13 | 67 | None | |
| HPQ | HP Inc | Options Chain | 0.64 | 0.98 | 0.09 | 0.50 | 0.18 | 0.57 | 0 | 1 | -0.28 | -0.01 | 22.68 | 19.50 | 6/26/2026 | Yes | 13 | 50 | None | |
| ING | ING Groep N.V. | Options Chain | 0.40 | 0.50 | 0.17 | 1.00 | 0.17 | 0.34 | 3 | 0 | -0.22 | -0.01 | 30.12 | 28.00 | 6/18/2026 | No | 12 | 64 | None | |
| EXC | Exelon Corp | Options Chain | 0.40 | 0.60 | 0.17 | 1.00 | 0.17 | 0.23 | 4 | 2 | -0.25 | -0.01 | 43.91 | 42.00 | 6/18/2026 | No | 11 | 65 | None | |
| PPL | PPL Corp | Options Chain | 0.40 | 0.60 | 0.17 | 1.00 | 0.17 | 0.22 | 11 | 0 | -0.30 | -0.01 | 35.91 | 35.00 | 6/18/2026 | No | 7 | 59 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.40 | 1.55 | 0.85 | 5.00 | 0.17 | 0.44 | 246 | 195 | -0.22 | -0.05 | 76.67 | 70.00 | 6/18/2026 | No | 10 | 54 | None | |
| BK | Bank Of New York Mellon Corp | Options Chain | 1.80 | 2.00 | 0.77 | 5.00 | 0.15 | 0.30 | 3769 | 2 | -0.25 | -0.06 | 132.49 | 125.00 | 6/18/2026 | No | 16 | 74 | None | |
| RF | Regions Financial Corp | Options Chain | 0.30 | 0.50 | 0.15 | 1.00 | 0.15 | 0.31 | 252 | 3 | -0.25 | -0.01 | 27.63 | 25.00 | 6/18/2026 | No | 17 | 70 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.25 | 0.30 | 0.15 | 1.00 | 0.15 | 0.33 | 23 | 1 | -0.26 | -0.01 | 16.12 | 15.00 | 6/18/2026 | No | 9 | 57 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.40 | 0.15 | 1.00 | 0.15 | 0.30 | 67 | 0 | -0.26 | -0.01 | 21.60 | 20.00 | 6/18/2026 | No | 9 | 59 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.82 | 1.12 | 0.15 | 1.00 | 0.15 | 0.29 | 14 | 8 | -0.29 | -0.02 | 50.59 | 48.00 | 6/26/2026 | No | 10 | 65 | None |