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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COST | Costco Wholesale Corp | Options Chain | 17.50 | 19.15 | 2.03 | 5.00 | 0.41 | 0.24 | 2 | 0 | -0.29 | -0.41 | 1,090.39 | 1,050.00 | 12/31/2026 | Yes | 13 | 60 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.05 | 1.65 | 0.40 | 1.00 | 0.40 | 0.50 | 1 | 0 | -0.30 | -0.03 | 39.26 | 35.00 | 12/31/2026 | No | 19 | 67 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 21.75 | 24.90 | 1.73 | 5.00 | 0.35 | 0.81 | 0 | 5 | -0.29 | -0.41 | 360.68 | 330.00 | 12/31/2026 | Yes | 12 | 53 | None | |
| GE | General Electric Company | Options Chain | 7.05 | 10.25 | 1.62 | 5.00 | 0.32 | 0.34 | 0 | 1 | -0.30 | -0.19 | 341.81 | 315.00 | 12/31/2026 | No | 8 | 59 | None | |
| MSFT | Microsoft Corporation | Options Chain | 10.25 | 12.00 | 1.48 | 5.00 | 0.30 | 0.30 | 22 | 7 | -0.30 | -0.23 | 520.50 | 500.00 | 12/24/2026 | No | 15 | 74 | None | |
| CVX | Chevron Corp | Options Chain | 2.75 | 5.60 | 1.29 | 5.00 | 0.26 | 0.28 | 0 | 3 | -0.28 | -0.07 | 214.36 | 205.00 | 12/31/2026 | No | 13 | 76 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.10 | 12.00 | 1.22 | 5.00 | 0.24 | 0.39 | 2 | 4 | -0.29 | -0.23 | 405.49 | 380.00 | 12/31/2026 | No | 20 | 62 |
Dividend Stock List |
|
| XOM | Exxon Mobil Corp | Options Chain | 2.57 | 3.40 | 1.18 | 5.00 | 0.24 | 0.28 | 5 | 3 | -0.28 | -0.06 | 169.78 | 160.00 | 12/31/2026 | No | 11 | 66 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.95 | 6.30 | 1.15 | 5.00 | 0.23 | 0.48 | 1 | 2 | -0.26 | -0.11 | 173.80 | 160.00 | 12/31/2026 | No | 10 | 63 | None | |
| F | Ford Motor Company | Options Chain | 0.16 | 0.22 | 0.09 | 0.50 | 0.18 | 0.33 | 4 | 0 | -0.20 | -0.01 | 12.24 | 11.00 | 12/31/2026 | No | 8 | 51 | None | |
| C | Citigroup Inc | Options Chain | 2.06 | 3.30 | 0.15 | 1.00 | 0.15 | 0.30 | 982 | 0 | -0.30 | -0.06 | 124.75 | 118.00 | 12/31/2026 | No | 17 | 79 | None |