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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LRCX | Lam Research Corp | Options Chain | 2.76 | 3.05 | 0.56 | 1.00 | 0.56 | 0.39 | 1 | 1 | -0.30 | -0.06 | 105.57 | 99.00 | 10/24/2025 | No | 14 | 65 | None | |
| ORCL | Oracle Corp | Options Chain | 7.60 | 9.65 | 2.53 | 5.00 | 0.51 | 0.55 | 41 | 63 | -0.27 | -0.18 | 241.51 | 220.00 | 10/24/2025 | Yes | 9 | 62 | None | |
| HUM | Humana Inc | Options Chain | 8.10 | 9.60 | 2.20 | 5.00 | 0.44 | 0.51 | 4 | 0 | -0.28 | -0.18 | 273.02 | 250.00 | 10/24/2025 | No | 12 | 60 | None | |
| T | AT&T Inc | Options Chain | 0.27 | 0.97 | 0.38 | 1.00 | 0.38 | 0.30 | 3 | 14 | -0.22 | -0.01 | 29.42 | 27.00 | 10/24/2025 | Yes | 11 | 65 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 10.00 | 12.05 | 1.80 | 5.00 | 0.36 | 0.41 | 71 | 191 | -0.30 | -0.18 | 347.92 | 325.00 | 10/24/2025 | Yes | 13 | 69 | None | |
| GS | Goldman Sachs Group Inc | Options Chain | 14.85 | 18.05 | 1.75 | 5.00 | 0.35 | 0.30 | 23 | 20 | -0.30 | -0.38 | 763.92 | 730.00 | 10/24/2025 | Yes | 14 | 77 | None | |
| SLB | SLB | Options Chain | 0.75 | 1.02 | 0.34 | 1.00 | 0.34 | 0.35 | 21 | 0 | -0.30 | -0.02 | 35.78 | 34.00 | 10/24/2025 | Yes | 12 | 69 | None | |
| NKE | Nike Inc - Class B | Options Chain | 2.08 | 2.19 | 0.32 | 1.00 | 0.32 | 0.42 | 3 | 7 | -0.29 | -0.05 | 73.60 | 69.00 | 10/24/2025 | Yes | 6 | 54 | None | |
| TGT | Target Corp | Options Chain | 1.96 | 2.08 | 0.30 | 1.00 | 0.30 | 0.31 | 9 | 2 | -0.30 | -0.04 | 90.91 | 87.00 | 10/24/2025 | No | 13 | 66 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.14 | 1.21 | 0.29 | 1.00 | 0.29 | 0.40 | 15 | 7 | -0.28 | -0.03 | 43.89 | 41.00 | 10/24/2025 | Yes | 12 | 62 | None | |
| NVT | nVent Electric plc | Options Chain | 2.10 | 2.30 | 0.72 | 2.50 | 0.29 | 0.36 | 0 | 1 | -0.30 | -0.06 | 91.44 | 87.50 | 10/17/2025 | No | 9 | 19 | None | |
| MRK | Merck & Co Inc | Options Chain | 1.41 | 1.80 | 0.28 | 1.00 | 0.28 | 0.29 | 3 | 0 | -0.28 | -0.03 | 84.61 | 80.00 | 10/24/2025 | No | 14 | 73 | None | |
| NTR | Nutrien Ltd | Options Chain | 1.00 | 1.15 | 0.28 | 1.00 | 0.28 | 0.26 | 0 | 2 | -0.30 | -0.02 | 56.45 | 54.00 | 10/24/2025 | No | 13 | 66 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.73 | 0.78 | 0.27 | 1.00 | 0.27 | 0.32 | 1 | 0 | -0.24 | -0.02 | 45.14 | 42.00 | 10/24/2025 | No | 7 | 62 | None | |
| NEM | Newmont Corp | Options Chain | 1.46 | 2.23 | 0.27 | 1.00 | 0.27 | 0.34 | 3 | 0 | -0.30 | -0.04 | 75.92 | 72.00 | 10/24/2025 | Yes | 17 | 69 | None | |
| CVS | CVS Health Corp | Options Chain | 1.35 | 1.55 | 0.27 | 1.00 | 0.27 | 0.30 | 7 | 9 | -0.30 | -0.04 | 71.75 | 67.00 | 10/24/2025 | No | 11 | 64 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 5.85 | 6.05 | 1.32 | 5.00 | 0.26 | 0.37 | 53 | 25 | -0.28 | -0.13 | 250.92 | 235.00 | 10/24/2025 | Yes | 23 | 76 |
Dividend Stock List |
|
| AVGO | Broadcom Inc | Options Chain | 8.20 | 8.40 | 1.30 | 5.00 | 0.26 | 0.38 | 144 | 115 | -0.28 | -0.19 | 336.67 | 315.00 | 10/24/2025 | No | 9 | 67 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.63 | 1.77 | 0.26 | 1.00 | 0.26 | 0.31 | 0 | 2 | -0.29 | -0.04 | 80.76 | 77.00 | 10/24/2025 | Yes | 13 | 74 | None | |
| C | Citigroup Inc | Options Chain | 2.01 | 2.40 | 0.26 | 1.00 | 0.26 | 0.31 | 3 | 7 | -0.30 | -0.05 | 97.34 | 93.00 | 10/24/2025 | Yes | 17 | 81 | None | |
| AMAT | Applied Materials Inc | Options Chain | 3.50 | 3.90 | 1.29 | 5.00 | 0.26 | 0.34 | 0 | 1 | -0.28 | -0.09 | 163.50 | 155.00 | 10/24/2025 | No | 16 | 68 | None | |
| GM | General Motors Company | Options Chain | 1.23 | 1.33 | 0.25 | 1.00 | 0.25 | 0.33 | 0 | 10 | -0.28 | -0.03 | 58.01 | 55.00 | 10/24/2025 | Yes | 11 | 74 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 0.85 | 0.95 | 0.25 | 1.00 | 0.25 | 0.30 | 2 | 3 | -0.30 | -0.02 | 45.45 | 44.00 | 10/17/2025 | No | 14 | 67 | None | |
| DOV | Dover Corp | Options Chain | 1.75 | 3.00 | 1.23 | 5.00 | 0.25 | 0.26 | 1 | 0 | -0.22 | -0.08 | 174.68 | 165.00 | 10/17/2025 | No | 14 | 55 | None | |
| HD | Home Depot Inc | Options Chain | 5.60 | 6.25 | 1.23 | 5.00 | 0.25 | 0.20 | 0 | 13 | -0.30 | -0.15 | 415.34 | 405.00 | 10/24/2025 | No | 8 | 65 | None | |
| MSFT | Microsoft Corporation | Options Chain | 5.25 | 7.30 | 1.20 | 5.00 | 0.24 | 0.22 | 66 | 40 | -0.26 | -0.18 | 498.41 | 480.00 | 10/24/2025 | No | 13 | 68 | None | |
| KR | Kroger Company | Options Chain | 1.14 | 1.24 | 0.24 | 1.00 | 0.24 | 0.30 | 2 | 0 | -0.26 | -0.03 | 67.63 | 64.00 | 10/24/2025 | Yes | 13 | 59 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.68 | 0.83 | 0.24 | 1.00 | 0.24 | 0.36 | 12 | 0 | -0.27 | -0.02 | 34.31 | 32.00 | 10/24/2025 | No | 10 | 64 | None | |
| COP | Conoco Phillips | Options Chain | 1.75 | 2.01 | 0.24 | 1.00 | 0.24 | 0.29 | 1 | 0 | -0.29 | -0.04 | 91.86 | 88.00 | 10/24/2025 | No | 11 | 76 | None | |
| CVX | Chevron Corp | Options Chain | 2.22 | 2.49 | 0.24 | 1.00 | 0.24 | 0.22 | 7 | 0 | -0.30 | -0.06 | 154.85 | 150.00 | 10/24/2025 | No | 10 | 74 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 3.20 | 3.50 | 1.15 | 5.00 | 0.23 | 0.30 | 69 | 501 | -0.29 | -0.09 | 183.18 | 175.00 | 10/17/2025 | No | 10 | 69 | None | |
| BDX | Becton Dickinson & Company | Options Chain | 2.40 | 2.95 | 1.15 | 5.00 | 0.23 | 0.23 | 3 | 7 | -0.29 | -0.09 | 190.49 | 185.00 | 10/17/2025 | No | 13 | 60 | None | |
| BG | Bunge Global SA | Options Chain | 1.25 | 1.50 | 0.55 | 2.50 | 0.22 | 0.30 | 0 | 10 | -0.27 | -0.04 | 84.15 | 80.00 | 10/17/2025 | No | 16 | 59 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.85 | 0.90 | 0.22 | 1.00 | 0.22 | 0.28 | 1 | 75 | -0.27 | -0.02 | 50.29 | 48.00 | 10/24/2025 | Yes | 11 | 74 | None | |
| WMT | Walmart Inc | Options Chain | 1.16 | 1.55 | 0.22 | 1.00 | 0.22 | 0.21 | 7 | 10 | -0.29 | -0.04 | 102.29 | 99.00 | 10/24/2025 | No | 10 | 59 | None | |
| V | Visa Inc - Class A | Options Chain | 4.10 | 4.70 | 1.07 | 5.00 | 0.21 | 0.23 | 1 | 1 | -0.26 | -0.14 | 343.99 | 330.00 | 10/24/2025 | No | 9 | 69 | None | |
| QCOM | Qualcomm Inc | Options Chain | 2.57 | 2.73 | 1.02 | 5.00 | 0.20 | 0.29 | 13 | 35 | -0.26 | -0.08 | 158.66 | 150.00 | 10/24/2025 | No | 15 | 65 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 13.00 | 16.50 | 1.02 | 5.00 | 0.20 | 0.30 | 3 | 1 | -0.29 | -0.37 | 750.61 | 715.00 | 10/24/2025 | No | 11 | 65 | None | |
| CARR | Carrier Global Corp | Options Chain | 1.10 | 1.20 | 0.50 | 2.50 | 0.20 | 0.33 | 471 | 80 | -0.25 | -0.04 | 63.47 | 60.00 | 10/17/2025 | No | 10 | 60 | None | |
| EQNR | Equinor ASA | Options Chain | 0.30 | 0.40 | 0.20 | 1.00 | 0.20 | 0.28 | 37 | 2 | -0.25 | -0.01 | 24.23 | 23.00 | 10/17/2025 | No | 11 | 62 | None | |
| STM | ST Microelectronics | Options Chain | 0.50 | 0.60 | 0.20 | 1.00 | 0.20 | 0.41 | 9 | 7 | -0.25 | -0.02 | 25.95 | 24.00 | 10/17/2025 | No | 11 | 42 | None | |
| ABT | Abbott Laboratories | Options Chain | 1.80 | 2.02 | 0.20 | 1.00 | 0.20 | 0.24 | 1 | 0 | -0.28 | -0.04 | 131.95 | 126.00 | 10/24/2025 | Yes | 17 | 64 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.35 | 0.50 | 0.20 | 1.00 | 0.20 | 0.21 | 6 | 0 | -0.30 | -0.01 | 30.86 | 30.00 | 10/17/2025 | No | 17 | 70 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.35 | 0.10 | 0.50 | 0.20 | 0.30 | 50 | 0 | -0.26 | -0.01 | 19.10 | 18.00 | 10/24/2025 | Yes | 7 | 50 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.00 | 2.15 | 0.98 | 5.00 | 0.20 | 0.33 | 140 | 85 | -0.26 | -0.06 | 116.79 | 110.00 | 10/17/2025 | No | 11 | 59 | None | |
| EIX | Edison International | Options Chain | 1.00 | 1.35 | 0.48 | 2.50 | 0.19 | 0.44 | 67 | 28 | -0.24 | -0.03 | 54.77 | 50.00 | 10/17/2025 | No | 12 | 66 | None | |
| GIS | General Mills Inc | Options Chain | 0.80 | 0.95 | 0.48 | 2.50 | 0.19 | 0.30 | 37 | 35 | -0.27 | -0.02 | 50.35 | 47.50 | 10/17/2025 | Yes | 9 | 63 | None | |
| TOL | Toll Brothers Inc | Options Chain | 2.25 | 2.35 | 0.95 | 5.00 | 0.19 | 0.34 | 104 | 315 | -0.24 | -0.08 | 144.82 | 135.00 | 10/17/2025 | No | 12 | 70 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.56 | 0.60 | 0.19 | 1.00 | 0.19 | 0.24 | 117 | 112 | -0.23 | -0.01 | 43.57 | 41.00 | 10/24/2025 | Yes | 14 | 72 | None | |
| MOS | Mosaic Company | Options Chain | 0.55 | 0.62 | 0.19 | 1.00 | 0.19 | 0.34 | 10 | 0 | -0.24 | -0.02 | 32.16 | 30.00 | 10/24/2025 | No | 16 | 70 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 0.67 | 0.83 | 0.19 | 1.00 | 0.19 | 0.21 | 0 | 20 | -0.25 | -0.02 | 67.34 | 64.00 | 10/24/2025 | No | 11 | 66 | None | |
| KO | Coca-Cola Company | Options Chain | 0.69 | 0.75 | 0.18 | 1.00 | 0.18 | 0.19 | 13 | 3 | -0.24 | -0.01 | 67.86 | 65.00 | 10/24/2025 | Yes | 11 | 70 | None | |
| MO | Altria Group Inc | Options Chain | 0.82 | 1.13 | 0.18 | 1.00 | 0.18 | 0.17 | 6 | 25 | -0.30 | -0.01 | 66.19 | 64.00 | 10/24/2025 | No | 11 | 66 | None | |
| INFY | Infosys Ltd | Options Chain | 0.30 | 0.40 | 0.17 | 1.00 | 0.17 | 0.35 | 45 | 27 | -0.26 | -0.01 | 17.01 | 16.00 | 10/17/2025 | Yes | 16 | 54 | None | |
| NEE | NextEra Energy Inc | Options Chain | 0.99 | 1.43 | 0.17 | 1.00 | 0.17 | 0.27 | 0 | 13 | -0.28 | -0.03 | 70.07 | 67.00 | 10/24/2025 | Yes | 8 | 65 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.64 | 1.79 | 0.17 | 1.00 | 0.17 | 0.22 | 25 | 3 | -0.29 | -0.04 | 110.65 | 107.00 | 10/24/2025 | No | 11 | 75 | None | |
| NVO | Novo Nordisk | Options Chain | 1.14 | 1.60 | 0.17 | 1.00 | 0.17 | 0.38 | 22 | 111 | -0.29 | -0.03 | 54.30 | 51.00 | 10/24/2025 | No | 16 | 71 | None | |
| JNJ | Johnson & Johnson | Options Chain | 1.53 | 2.07 | 0.83 | 5.00 | 0.17 | 0.19 | 3 | 1 | -0.24 | -0.06 | 176.96 | 170.00 | 10/24/2025 | Yes | 11 | 75 | None | |
| RF | Regions Financial Corp | Options Chain | 0.30 | 0.40 | 0.15 | 1.00 | 0.15 | 0.31 | 4 | 0 | -0.21 | -0.01 | 26.82 | 25.00 | 10/17/2025 | Yes | 13 | 69 | None | |
| KDP | Keurig Dr Pepper Inc | Options Chain | 0.25 | 0.35 | 0.15 | 1.00 | 0.15 | 0.25 | 40 | 13 | -0.23 | -0.01 | 27.61 | 26.00 | 10/17/2025 | No | 10 | 61 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.63 | 0.76 | 0.15 | 1.00 | 0.15 | 0.28 | 1 | 3 | -0.24 | -0.02 | 49.37 | 46.00 | 10/24/2025 | Yes | 14 | 72 | None | |
| VTRS | Viatris Inc | Options Chain | 0.10 | 0.30 | 0.15 | 1.00 | 0.15 | 0.30 | 1 | 52 | -0.30 | -0.01 | 10.45 | 10.00 | 10/17/2025 | No | 8 | 50 | None |