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
WMT Walmart Inc Options Chain 2.19 4.00 0.94 1.00 0.94 0.34 0 27 -0.28 -0.05 126.70 121.00 3/27/2026 Yes 9 57 None
KO Coca-Cola Company Options Chain 0.67 1.60 0.51 1.00 0.51 0.21 0 5 -0.27 -0.02 76.81 75.00 3/27/2026 Yes 7 63 None
AMKR AMKOR Technology Inc Options Chain 1.95 2.35 0.45 1.00 0.45 0.68 201 7 -0.25 -0.05 53.46 50.00 3/20/2026 No 13 51 None
ORCL Oracle Corp Options Chain 7.05 7.45 1.60 5.00 0.32 0.69 7 16 -0.29 -0.14 159.89 140.00 3/27/2026 Yes 7 61 None
F Ford Motor Company Options Chain 0.25 0.37 0.16 0.50 0.32 0.28 18 68 -0.25 0.00 13.57 13.00 3/27/2026 Yes 12 49 None
TSM Taiwan Semiconductor Manufacturing Options Chain 10.85 12.10 1.43 5.00 0.29 0.45 47 7 -0.29 -0.23 361.91 350.00 3/27/2026 No 22 67
Dividend Stock List
XOM Exxon Mobil Corp Options Chain 2.70 3.50 0.28 1.00 0.28 0.27 2 0 -0.29 -0.05 151.44 149.00 3/27/2026 No 10 73 None
BAC Bank Of America Corp Options Chain 1.01 1.21 0.26 1.00 0.26 0.28 0 7 -0.29 -0.02 55.39 52.00 3/27/2026 No 9 65 None
LYB LyondellBasell Industries NV - Class A Options Chain 1.60 1.80 0.62 2.50 0.25 0.46 81 11 -0.29 -0.03 57.66 55.00 3/20/2026 No 8 55 None
BHP BHP Group Ltd Options Chain 1.70 1.80 0.60 2.50 0.24 0.38 35 61 -0.30 -0.03 72.35 70.00 3/20/2026 Yes 9 56 None
NVO Novo Nordisk Options Chain 1.04 1.64 0.24 1.00 0.24 0.46 1 1 -0.27 -0.03 49.12 45.00 3/27/2026 No 12 50 None
ZTS Zoetis Inc - Class A Options Chain 2.85 3.20 1.18 5.00 0.24 0.42 55 9 -0.26 -0.08 128.13 120.00 3/20/2026 Yes 11 54 None
BMY Bristol-Myers Squibb Company Options Chain 0.77 1.22 0.23 1.00 0.23 0.26 5 25 -0.28 -0.02 60.86 58.00 3/27/2026 No 11 52 None
APH Amphenol Corp - Class A Options Chain 3.20 3.50 1.15 5.00 0.23 0.48 7 332 -0.26 -0.11 144.14 130.00 3/20/2026 No 11 60 None
HST Host Hotels & Resorts Inc Options Chain 0.30 0.50 0.22 1.00 0.22 0.30 1 1 -0.26 -0.01 19.93 19.00 3/20/2026 Yes 8 50 None
VZ Verizon Communications Inc Options Chain 0.63 0.69 0.22 1.00 0.22 0.22 326 152 -0.27 -0.02 47.39 47.00 3/27/2026 No 8 62 None
INFY Infosys Ltd Options Chain 0.30 0.70 0.22 1.00 0.22 0.46 1 1410 -0.29 -0.01 16.64 15.00 3/20/2026 No 14 50 None
ALLY Ally Financial Inc Options Chain 0.90 1.20 0.22 1.00 0.22 0.36 30 7 -0.29 -0.03 42.39 40.00 3/20/2026 No 11 68 None
SCHW Charles Schwab Corp Options Chain 1.72 2.79 0.21 1.00 0.21 0.31 1 17 -0.28 -0.05 99.25 92.00 3/27/2026 No 10 70 None
BAH Booz Allen Hamilton Holding Corp - Class A Options Chain 1.80 2.05 1.03 5.00 0.21 0.44 367 2 -0.21 -0.04 89.60 75.00 3/20/2026 No 16 52 None
UNH Unitedhealth Group Inc Options Chain 4.00 5.10 1.03 5.00 0.21 0.35 3 3 -0.26 -0.10 273.22 255.00 3/27/2026 No 12 67 None
RF Regions Financial Corp Options Chain 0.35 0.60 0.20 1.00 0.20 0.28 0 1 -0.25 -0.01 30.82 29.00 3/20/2026 No 14 69 None
JPM JPMorgan Chase & Company Options Chain 4.50 6.05 0.90 5.00 0.18 0.28 4 2 -0.25 -0.14 318.40 300.00 3/27/2026 No 8 78 None
OKE Oneok Inc Options Chain 1.35 1.50 0.85 5.00 0.17 0.33 539 30 -0.26 -0.05 82.86 80.00 3/20/2026 Yes 14 75 None
TMUS T-Mobile US Inc Options Chain 1.89 5.35 0.83 5.00 0.17 0.31 110 10 -0.25 -0.08 199.43 190.00 3/27/2026 Yes 10 67 None
CLX Clorox Company Options Chain 1.45 1.65 0.80 5.00 0.16 0.26 14 198 -0.27 -0.05 121.45 120.00 3/20/2026 No 13 51 None
T AT&T Inc Options Chain 0.23 0.44 0.08 0.50 0.16 0.26 1 0 -0.27 -0.01 27.41 26.50 3/27/2026 No 9 58 None
QCOM Qualcomm Inc Options Chain 2.00 2.65 0.77 5.00 0.15 0.34 1 0 -0.23 -0.05 140.09 130.00 3/27/2026 No 10 65 None
BCS Barclays plc Options Chain 0.40 0.50 0.15 1.00 0.15 0.37 5 7 -0.23 -0.01 26.16 24.00 3/20/2026 Yes 13 47 None