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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.55 | 3.15 | 0.48 | 1.00 | 0.48 | 0.79 | 15 | 107 | -0.30 | -0.05 | 45.49 | 39.00 | 7/17/2026 | Yes | 6 | 51 | None | |
| QCOM | Qualcomm Inc | Options Chain | 13.35 | 16.05 | 4.07 | 10.00 | 0.41 | 0.81 | 334 | 805 | -0.27 | -0.25 | 251.02 | 220.00 | 7/17/2026 | No | 11 | 64 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 23.65 | 25.35 | 3.85 | 10.00 | 0.39 | 0.74 | 130 | 100 | -0.29 | -0.43 | 441.00 | 380.00 | 7/17/2026 | No | 10 | 53 | None | |
| GLW | Corning Inc | Options Chain | 10.20 | 10.80 | 1.87 | 5.00 | 0.37 | 0.71 | 102 | 158 | -0.30 | -0.18 | 182.97 | 165.00 | 7/17/2026 | No | 8 | 52 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 13.90 | 15.00 | 3.60 | 10.00 | 0.36 | 0.46 | 135 | 159 | -0.29 | -0.27 | 424.85 | 390.00 | 7/17/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| AVGO | Broadcom Inc | Options Chain | 17.10 | 18.20 | 3.40 | 10.00 | 0.34 | 0.54 | 605 | 575 | -0.28 | -0.32 | 431.40 | 410.00 | 7/17/2026 | Yes | 12 | 64 | None | |
| NTAP | Netapp Inc | Options Chain | 5.00 | 7.00 | 1.65 | 5.00 | 0.33 | 0.49 | 7 | 11 | -0.28 | -0.12 | 162.50 | 160.00 | 7/17/2026 | Yes | 13 | 68 | None | |
| IBM | International Business Machines Corp | Options Chain | 9.65 | 11.15 | 1.57 | 5.00 | 0.31 | 0.49 | 5076 | 165 | -0.28 | -0.20 | 268.76 | 275.00 | 7/17/2026 | No | 13 | 72 | None | |
| GS | Goldman Sachs Group Inc | Options Chain | 22.25 | 27.50 | 1.53 | 5.00 | 0.31 | 0.33 | 23 | 15 | -0.30 | -0.46 | 1,008.37 | 970.00 | 7/17/2026 | Yes | 9 | 68 | None | |
| COST | Costco Wholesale Corp | Options Chain | 15.15 | 17.30 | 1.53 | 5.00 | 0.31 | 0.22 | 101 | 131 | -0.30 | -0.33 | 995.98 | 925.00 | 7/17/2026 | No | 15 | 61 | None | |
| AEM | Agnico Eagle Mines Ltd | Options Chain | 5.60 | 6.10 | 1.50 | 5.00 | 0.30 | 0.45 | 2 | 35 | -0.28 | -0.12 | 178.44 | 170.00 | 7/17/2026 | No | 17 | 72 | None | |
| INFY | Infosys Ltd | Options Chain | 0.25 | 0.80 | 0.30 | 1.00 | 0.30 | 0.62 | 10 | 0 | -0.19 | 0.00 | 12.77 | 11.00 | 7/17/2026 | No | 13 | 43 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.45 | 0.65 | 0.30 | 1.00 | 0.30 | 0.37 | 74 | 1 | -0.30 | -0.01 | 19.21 | 18.00 | 7/17/2026 | No | 9 | 60 | None | |
| ORCL | Oracle Corp | Options Chain | 10.25 | 10.90 | 1.45 | 5.00 | 0.29 | 0.69 | 475 | 183 | -0.26 | -0.20 | 210.79 | 200.00 | 7/17/2026 | Yes | 9 | 66 | None | |
| AA | Alcoa Corp | Options Chain | 3.25 | 3.55 | 1.44 | 5.00 | 0.29 | 0.62 | 70 | 138 | -0.28 | -0.07 | 75.82 | 70.00 | 7/17/2026 | Yes | 12 | 53 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 5.10 | 5.70 | 1.40 | 5.00 | 0.28 | 0.53 | 34 | 34 | -0.28 | -0.10 | 148.72 | 135.00 | 7/17/2026 | No | 8 | 58 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.00 | 2.35 | 0.68 | 2.50 | 0.27 | 0.45 | 101 | 50 | -0.25 | -0.05 | 82.49 | 75.00 | 7/17/2026 | Yes | 16 | 66 | None | |
| BWA | BorgWarner Inc | Options Chain | 2.05 | 2.60 | 0.68 | 2.50 | 0.27 | 0.52 | 2 | 1 | -0.26 | -0.05 | 71.31 | 65.00 | 7/17/2026 | No | 12 | 59 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.30 | 9.60 | 1.35 | 5.00 | 0.27 | 0.30 | 40 | 129 | -0.29 | -0.22 | 427.69 | 430.00 | 7/10/2026 | No | 15 | 72 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.80 | 6.15 | 1.35 | 5.00 | 0.27 | 0.28 | 204 | 149 | -0.29 | -0.11 | 296.70 | 285.00 | 7/17/2026 | Yes | 9 | 70 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.34 | 2.45 | 1.34 | 5.00 | 0.27 | 0.52 | 443 | 316 | -0.28 | -0.04 | 65.87 | 60.00 | 7/17/2026 | No | 10 | 58 | None | |
| C | Citigroup Inc | Options Chain | 3.15 | 3.40 | 1.32 | 5.00 | 0.26 | 0.34 | 256 | 580 | -0.30 | -0.07 | 124.68 | 120.00 | 7/17/2026 | Yes | 14 | 77 | None | |
| DG | Dollar General Corp | Options Chain | 3.40 | 3.75 | 1.31 | 5.00 | 0.26 | 0.51 | 15 | 74 | -0.26 | -0.07 | 109.90 | 100.00 | 7/17/2026 | Yes | 12 | 54 | None | |
| HPQ | HP Inc | Options Chain | 0.70 | 0.82 | 0.26 | 1.00 | 0.26 | 0.49 | 116 | 77 | -0.24 | -0.01 | 26.08 | 24.00 | 7/17/2026 | Yes | 13 | 57 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.03 | 1.13 | 0.26 | 1.00 | 0.26 | 0.30 | 117 | 1469 | -0.29 | -0.02 | 50.77 | 49.00 | 7/17/2026 | Yes | 13 | 74 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.55 | 8.50 | 2.55 | 10.00 | 0.26 | 0.30 | 64 | 121 | -0.30 | -0.15 | 381.44 | 360.00 | 7/17/2026 | No | 9 | 58 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.85 | 2.20 | 0.63 | 2.50 | 0.25 | 0.37 | 0 | 8 | -0.26 | -0.04 | 88.60 | 82.50 | 7/17/2026 | No | 9 | 57 | None | |
| UNP | Union Pacific Corp | Options Chain | 4.00 | 4.90 | 1.25 | 5.00 | 0.25 | 0.27 | 10 | 4 | -0.27 | -0.11 | 262.64 | 250.00 | 7/17/2026 | No | 11 | 73 | None | |
| EQNR | Equinor ASA | Options Chain | 0.75 | 0.90 | 0.25 | 1.00 | 0.25 | 0.40 | 1 | 0 | -0.24 | -0.02 | 36.35 | 33.00 | 7/17/2026 | No | 9 | 50 | None | |
| F | Ford Motor Company | Options Chain | 0.53 | 0.54 | 0.25 | 1.00 | 0.25 | 0.47 | 1339 | 6245 | -0.26 | -0.01 | 16.70 | 16.00 | 7/17/2026 | No | 9 | 48 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.95 | 1.25 | 0.25 | 1.00 | 0.25 | 0.39 | 0 | 3 | -0.27 | -0.03 | 42.52 | 40.00 | 7/17/2026 | Yes | 10 | 68 | None | |
| GM | General Motors Company | Options Chain | 1.93 | 2.14 | 0.62 | 2.50 | 0.25 | 0.38 | 99 | 64 | -0.27 | -0.04 | 84.35 | 77.50 | 7/17/2026 | No | 11 | 65 | None | |
| V | Visa Inc - Class A | Options Chain | 4.35 | 5.60 | 1.23 | 5.00 | 0.25 | 0.22 | 243 | 102 | -0.28 | -0.12 | 324.66 | 315.00 | 7/17/2026 | No | 10 | 65 | None | |
| CLX | Clorox Company | Options Chain | 1.80 | 2.05 | 1.13 | 5.00 | 0.23 | 0.32 | 438 | 173 | -0.27 | -0.05 | 96.80 | 85.00 | 7/17/2026 | No | 14 | 55 | None | |
| OKE | Oneok Inc | Options Chain | 1.80 | 2.00 | 1.10 | 5.00 | 0.22 | 0.31 | 93 | 375 | -0.30 | -0.04 | 87.21 | 80.00 | 7/17/2026 | No | 13 | 74 | None | |
| PEP | PepsiCo Inc | Options Chain | 2.08 | 2.20 | 1.05 | 5.00 | 0.21 | 0.26 | 269 | 108 | -0.24 | -0.03 | 144.19 | 135.00 | 7/17/2026 | Yes | 12 | 61 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.40 | 1.55 | 0.52 | 2.50 | 0.21 | 0.32 | 29 | 388 | -0.25 | -0.04 | 76.36 | 72.50 | 7/17/2026 | Yes | 13 | 74 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.50 | 1.59 | 0.52 | 2.50 | 0.21 | 0.29 | 234 | 728 | -0.27 | -0.04 | 85.69 | 82.50 | 7/17/2026 | Yes | 17 | 67 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.18 | 2.38 | 1.02 | 5.00 | 0.20 | 0.37 | 356 | 167 | -0.23 | -0.05 | 118.66 | 110.00 | 7/17/2026 | No | 7 | 58 | None | |
| NUE | Nucor Corp | Options Chain | 4.70 | 5.40 | 2.00 | 10.00 | 0.20 | 0.37 | 13 | 10 | -0.23 | -0.11 | 250.48 | 230.00 | 7/17/2026 | No | 15 | 67 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.60 | 1.90 | 1.00 | 5.00 | 0.20 | 0.45 | 31 | 7 | -0.25 | -0.03 | 68.98 | 60.00 | 7/17/2026 | No | 7 | 59 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.40 | 1.85 | 1.00 | 5.00 | 0.20 | 0.37 | 4 | 4 | -0.28 | -0.04 | 64.47 | 60.00 | 7/17/2026 | No | 15 | 62 | None | |
| KO | Coca-Cola Company | Options Chain | 0.70 | 0.93 | 0.50 | 2.50 | 0.20 | 0.19 | 128 | 103 | -0.22 | -0.02 | 80.46 | 75.00 | 7/17/2026 | No | 9 | 63 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.61 | 0.69 | 0.20 | 1.00 | 0.20 | 0.24 | 5053 | 98 | -0.25 | -0.01 | 47.81 | 45.00 | 7/17/2026 | No | 9 | 64 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.30 | 0.40 | 0.20 | 1.00 | 0.20 | 0.43 | 1 | 0 | -0.26 | -0.01 | 12.74 | 12.00 | 7/17/2026 | Yes | 15 | 51 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.47 | 0.57 | 0.20 | 1.00 | 0.20 | 0.23 | 104 | 17 | -0.30 | -0.01 | 31.79 | 30.00 | 7/17/2026 | Yes | 13 | 67 | None | |
| PPL | PPL Corp | Options Chain | 0.40 | 0.65 | 0.20 | 1.00 | 0.20 | 0.20 | 5 | 0 | -0.30 | -0.01 | 35.39 | 34.00 | 7/17/2026 | No | 9 | 67 | None | |
| CDW | CDW Corp | Options Chain | 2.90 | 3.70 | 0.97 | 5.00 | 0.19 | 0.42 | 15 | 0 | -0.27 | -0.07 | 116.16 | 115.00 | 7/17/2026 | No | 11 | 48 | None | |
| WMT | Walmart Inc | Options Chain | 1.70 | 1.81 | 0.96 | 5.00 | 0.19 | 0.25 | 951 | 501 | -0.26 | -0.05 | 115.75 | 110.00 | 7/17/2026 | No | 10 | 57 | None | |
| HON | Honeywell International Inc | Options Chain | 3.90 | 4.60 | 1.90 | 10.00 | 0.19 | 0.34 | 33 | 27 | -0.24 | -0.11 | 232.51 | 220.00 | 7/17/2026 | No | 8 | 68 | None | |
| NTR | Nutrien Ltd | Options Chain | 0.90 | 1.20 | 0.47 | 2.50 | 0.19 | 0.33 | 305 | 66 | -0.21 | -0.02 | 69.25 | 62.50 | 7/17/2026 | No | 11 | 62 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.66 | 3.05 | 0.93 | 5.00 | 0.19 | 0.20 | 37 | 32 | -0.23 | -0.06 | 277.80 | 265.00 | 7/17/2026 | No | 9 | 61 | None | |
| ROL | Rollins Inc | Options Chain | 0.55 | 0.85 | 0.45 | 2.50 | 0.18 | 0.27 | 37 | 1 | -0.22 | -0.02 | 50.00 | 45.00 | 7/17/2026 | No | 9 | 56 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.95 | 2.12 | 0.88 | 5.00 | 0.18 | 0.30 | 242 | 125 | -0.22 | -0.06 | 146.65 | 135.00 | 7/17/2026 | No | 10 | 71 | None | |
| MO | Altria Group Inc | Options Chain | 0.79 | 0.89 | 0.44 | 2.50 | 0.18 | 0.23 | 54 | 25 | -0.18 | -0.01 | 72.14 | 65.00 | 7/17/2026 | No | 8 | 59 | None | |
| DOW | Dow Inc | Options Chain | 0.65 | 0.73 | 0.43 | 2.50 | 0.17 | 0.45 | 11 | 2 | -0.20 | -0.02 | 34.71 | 30.00 | 7/17/2026 | No | 6 | 49 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.34 | 0.49 | 0.17 | 1.00 | 0.17 | 0.22 | 8 | 1 | -0.23 | -0.01 | 37.46 | 35.00 | 7/17/2026 | No | 9 | 58 | None | |
| KEY | Keycorp | Options Chain | 0.35 | 0.45 | 0.17 | 1.00 | 0.17 | 0.30 | 1 | 0 | -0.27 | -0.01 | 21.26 | 20.00 | 7/17/2026 | No | 10 | 59 | None | |
| COP | Conoco Phillips | Options Chain | 1.47 | 1.76 | 0.83 | 5.00 | 0.17 | 0.32 | 20 | 23 | -0.20 | -0.05 | 114.80 | 105.00 | 7/17/2026 | No | 9 | 75 | None | |
| APA | APA Corporation | Options Chain | 0.77 | 0.97 | 0.41 | 2.50 | 0.16 | 0.46 | 31 | 3 | -0.23 | -0.02 | 36.39 | 32.50 | 7/17/2026 | No | 10 | 55 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.73 | 0.79 | 0.38 | 2.50 | 0.15 | 0.38 | 57 | 115 | -0.21 | -0.02 | 44.10 | 40.00 | 7/17/2026 | No | 7 | 51 | None | |
| T | AT&T Inc | Options Chain | 0.27 | 0.33 | 0.15 | 1.00 | 0.15 | 0.27 | 540 | 378 | -0.22 | -0.01 | 24.87 | 23.00 | 7/17/2026 | No | 8 | 58 | None | |
| RF | Regions Financial Corp | Options Chain | 0.40 | 0.65 | 0.15 | 1.00 | 0.15 | 0.32 | 0 | 4 | -0.26 | -0.01 | 27.83 | 26.00 | 7/17/2026 | Yes | 15 | 61 | None |