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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EPD | Enterprise Products Partners L P | Options Chain | 0.43 | 0.99 | 0.34 | 1.00 | 0.34 | 0.21 | 0 | 15 | -0.22 | 0.00 | 38.79 | 37.00 | 6/18/2026 | Yes | 10 | 68 | None | |
| GLW | Corning Inc | Options Chain | 7.45 | 7.95 | 1.70 | 5.00 | 0.34 | 0.65 | 14 | 97 | -0.30 | -0.13 | 151.90 | 135.00 | 6/18/2026 | Yes | 8 | 55 | None | |
| RRC | Range Resources Corp | Options Chain | 1.10 | 1.30 | 0.32 | 1.00 | 0.32 | 0.37 | 0 | 5 | -0.30 | -0.02 | 43.26 | 41.00 | 6/18/2026 | Yes | 17 | 63 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 6.60 | 6.90 | 1.55 | 5.00 | 0.31 | 0.51 | 81 | 38 | -0.30 | -0.11 | 148.38 | 140.00 | 6/18/2026 | Yes | 9 | 58 | None | |
| SAN | Banco Santander S.A. | Options Chain | 0.25 | 0.60 | 0.30 | 1.00 | 0.30 | 0.48 | 149 | 0 | -0.26 | -0.01 | 11.98 | 11.00 | 6/18/2026 | Yes | 12 | 55 | None | |
| ORCL | Oracle Corp | Options Chain | 6.90 | 7.10 | 1.45 | 5.00 | 0.29 | 0.65 | 200 | 94 | -0.26 | -0.14 | 163.83 | 145.00 | 6/18/2026 | Yes | 9 | 66 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.92 | 0.99 | 0.28 | 1.00 | 0.28 | 0.55 | 3082 | 2 | -0.25 | -0.02 | 28.30 | 25.00 | 6/18/2026 | Yes | 8 | 52 | None | |
| RMD | Resmed Inc | Options Chain | 5.60 | 7.50 | 1.40 | 5.00 | 0.28 | 0.40 | 1 | 0 | -0.29 | -0.12 | 211.93 | 200.00 | 6/18/2026 | Yes | 20 | 67 |
Dividend Stock List |
|
| CARR | Carrier Global Corp | Options Chain | 1.85 | 2.15 | 0.70 | 2.50 | 0.28 | 0.45 | 856 | 11 | -0.29 | -0.04 | 61.00 | 57.50 | 6/18/2026 | Yes | 7 | 56 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.65 | 12.30 | 2.78 | 10.00 | 0.28 | 0.47 | 77 | 295 | -0.27 | -0.23 | 398.20 | 360.00 | 6/18/2026 | No | 23 | 66 |
Dividend Stock List |
|
| QCOM | Qualcomm Inc | Options Chain | 4.45 | 4.60 | 1.33 | 5.00 | 0.27 | 0.48 | 3321 | 2443 | -0.26 | -0.09 | 156.00 | 140.00 | 6/18/2026 | Yes | 9 | 64 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.90 | 8.30 | 2.57 | 10.00 | 0.26 | 0.30 | 249 | 91 | -0.30 | -0.15 | 368.50 | 350.00 | 6/18/2026 | No | 11 | 66 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.45 | 3.65 | 1.27 | 5.00 | 0.25 | 0.32 | 196 | 508 | -0.30 | -0.06 | 154.13 | 145.00 | 6/18/2026 | Yes | 9 | 66 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.54 | 1.65 | 0.63 | 2.50 | 0.25 | 0.42 | 193 | 119 | -0.25 | -0.03 | 60.44 | 55.00 | 6/18/2026 | Yes | 7 | 51 | None | |
| HPQ | HP Inc | Options Chain | 0.64 | 0.69 | 0.25 | 1.00 | 0.25 | 0.54 | 10 | 184 | -0.26 | -0.01 | 20.14 | 18.00 | 6/18/2026 | Yes | 13 | 52 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.95 | 2.25 | 0.62 | 2.50 | 0.25 | 0.51 | 1 | 2 | -0.24 | -0.04 | 73.29 | 65.00 | 6/18/2026 | Yes | 7 | 58 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.85 | 2.05 | 0.62 | 2.50 | 0.25 | 0.36 | 6 | 0 | -0.28 | -0.04 | 76.28 | 72.50 | 6/18/2026 | No | 10 | 58 | None | |
| C | Citigroup Inc | Options Chain | 3.20 | 3.30 | 1.22 | 5.00 | 0.24 | 0.34 | 343 | 119 | -0.30 | -0.06 | 126.88 | 120.00 | 6/18/2026 | No | 14 | 77 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.96 | 2.14 | 0.61 | 2.50 | 0.24 | 0.36 | 53 | 124 | -0.26 | -0.05 | 89.20 | 82.50 | 6/18/2026 | Yes | 7 | 60 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 7.20 | 8.00 | 2.40 | 10.00 | 0.24 | 0.46 | 61 | 47 | -0.24 | -0.18 | 289.25 | 260.00 | 6/18/2026 | Yes | 8 | 66 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.75 | 1.20 | 0.23 | 1.00 | 0.23 | 0.34 | 11 | 83 | -0.29 | -0.02 | 43.81 | 41.00 | 6/18/2026 | No | 14 | 73 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.54 | 0.56 | 0.23 | 1.00 | 0.23 | 0.29 | 2060 | 27 | -0.29 | -0.01 | 26.75 | 26.00 | 6/18/2026 | No | 14 | 63 | None | |
| V | Visa Inc - Class A | Options Chain | 4.85 | 5.10 | 1.13 | 5.00 | 0.23 | 0.23 | 391 | 1181 | -0.26 | -0.11 | 332.52 | 320.00 | 6/18/2026 | Yes | 12 | 71 | None | |
| WMT | Walmart Inc | Options Chain | 2.66 | 2.73 | 1.12 | 5.00 | 0.22 | 0.32 | 253 | 106 | -0.28 | -0.06 | 128.01 | 120.00 | 6/18/2026 | Yes | 8 | 58 | None | |
| APA | APA Corporation | Options Chain | 1.08 | 1.18 | 0.56 | 2.50 | 0.22 | 0.54 | 953 | 1 | -0.22 | -0.03 | 40.25 | 35.00 | 6/18/2026 | Yes | 9 | 53 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.45 | 5.80 | 1.10 | 5.00 | 0.22 | 0.26 | 6 | 13 | -0.28 | -0.13 | 309.25 | 295.00 | 6/18/2026 | No | 12 | 79 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.76 | 1.90 | 0.55 | 2.50 | 0.22 | 0.46 | 131 | 2 | -0.25 | -0.04 | 67.32 | 60.00 | 6/18/2026 | No | 16 | 66 | None | |
| SYF | Synchrony Financial | Options Chain | 1.70 | 2.00 | 0.55 | 2.50 | 0.22 | 0.36 | 11 | 6 | -0.27 | -0.04 | 74.51 | 70.00 | 6/18/2026 | No | 15 | 73 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.70 | 0.75 | 0.22 | 1.00 | 0.22 | 0.23 | 49 | 58 | -0.29 | -0.02 | 46.61 | 45.00 | 6/18/2026 | No | 8 | 64 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.18 | 1.23 | 0.54 | 2.50 | 0.22 | 0.31 | 75 | 59 | -0.29 | -0.03 | 57.25 | 55.00 | 6/18/2026 | Yes | 15 | 60 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 5.40 | 5.90 | 2.15 | 10.00 | 0.21 | 0.42 | 83 | 11 | -0.24 | -0.12 | 241.00 | 220.00 | 6/18/2026 | Yes | 11 | 63 | None | |
| BK | Bank Of New York Mellon Corp | Options Chain | 2.50 | 2.85 | 1.05 | 5.00 | 0.21 | 0.28 | 16 | 1 | -0.27 | -0.06 | 132.27 | 125.00 | 6/18/2026 | No | 15 | 66 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 3.40 | 3.90 | 1.02 | 5.00 | 0.20 | 0.32 | 11 | 31 | -0.28 | -0.08 | 198.91 | 185.00 | 6/18/2026 | Yes | 10 | 74 | None | |
| DOW | Dow Inc | Options Chain | 1.07 | 1.15 | 0.51 | 2.50 | 0.20 | 0.50 | 28 | 22 | -0.23 | -0.02 | 39.55 | 35.00 | 6/18/2026 | No | 6 | 49 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.65 | 1.80 | 1.00 | 5.00 | 0.20 | 0.59 | 21 | 5 | -0.24 | -0.04 | 51.28 | 45.00 | 6/18/2026 | Yes | 14 | 55 | None | |
| FAST | Fastenal Company | Options Chain | 0.75 | 0.85 | 0.25 | 1.25 | 0.20 | 0.30 | 1 | 1 | -0.26 | -0.02 | 43.71 | 41.25 | 6/18/2026 | No | 17 | 56 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.44 | 0.54 | 0.20 | 1.00 | 0.20 | 0.26 | 1 | 0 | -0.26 | -0.01 | 31.61 | 30.00 | 6/18/2026 | No | 13 | 67 | None | |
| GM | General Motors Company | Options Chain | 1.54 | 1.64 | 0.48 | 2.50 | 0.19 | 0.38 | 27 | 15 | -0.23 | -0.04 | 76.62 | 70.00 | 6/18/2026 | Yes | 11 | 67 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.02 | 1.05 | 0.57 | 3.00 | 0.19 | 0.27 | 257 | 140 | -0.29 | -0.02 | 52.69 | 50.00 | 6/18/2026 | No | 10 | 65 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.21 | 1.27 | 0.56 | 3.00 | 0.19 | 0.48 | 97 | 146 | -0.20 | -0.03 | 56.93 | 50.00 | 6/18/2026 | No | 14 | 62 | None | |
| SLB | SLB | Options Chain | 1.06 | 1.13 | 0.46 | 2.50 | 0.18 | 0.40 | 403 | 167 | -0.22 | -0.02 | 55.52 | 50.00 | 6/18/2026 | No | 9 | 66 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.28 | 1.35 | 0.45 | 2.50 | 0.18 | 0.31 | 19 | 24 | -0.23 | -0.03 | 81.51 | 75.00 | 6/18/2026 | No | 13 | 74 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.90 | 1.00 | 0.45 | 2.50 | 0.18 | 0.30 | 2 | 20 | -0.28 | -0.02 | 50.21 | 47.50 | 6/18/2026 | No | 13 | 76 | None | |
| INFY | Infosys Ltd | Options Chain | 0.15 | 0.50 | 0.18 | 1.00 | 0.18 | 0.44 | 2 | 0 | -0.23 | 0.00 | 12.46 | 11.00 | 6/18/2026 | No | 16 | 52 | None | |
| BCS | Barclays plc | Options Chain | 0.45 | 0.50 | 0.18 | 1.00 | 0.18 | 0.40 | 2510 | 1 | -0.24 | -0.01 | 23.00 | 21.00 | 6/18/2026 | No | 17 | 68 | None | |
| EXC | Exelon Corp | Options Chain | 0.55 | 0.70 | 0.18 | 1.00 | 0.18 | 0.23 | 0 | 2 | -0.24 | -0.01 | 46.94 | 44.00 | 6/18/2026 | Yes | 8 | 61 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.20 | 0.35 | 0.18 | 1.00 | 0.18 | 0.45 | 9 | 0 | -0.30 | -0.01 | 11.44 | 11.00 | 6/18/2026 | No | 15 | 56 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.35 | 1.75 | 0.85 | 5.00 | 0.17 | 0.43 | 4 | 1 | -0.27 | -0.03 | 61.09 | 55.00 | 6/18/2026 | Yes | 10 | 73 | None | |
| GIS | General Mills Inc | Options Chain | 0.60 | 0.70 | 0.42 | 2.50 | 0.17 | 0.30 | 301 | 21 | -0.28 | -0.02 | 34.47 | 32.50 | 6/18/2026 | No | 10 | 61 | None | |
| ETR | Entergy Corp | Options Chain | 1.60 | 2.30 | 0.80 | 5.00 | 0.16 | 0.25 | 1 | 1 | -0.29 | -0.03 | 114.67 | 110.00 | 6/18/2026 | Yes | 7 | 64 | None | |
| KO | Coca-Cola Company | Options Chain | 0.78 | 0.87 | 0.39 | 2.50 | 0.16 | 0.21 | 396 | 132 | -0.27 | -0.02 | 78.87 | 75.00 | 6/18/2026 | Yes | 10 | 69 | None | |
| F | Ford Motor Company | Options Chain | 0.23 | 0.25 | 0.15 | 1.00 | 0.15 | 0.39 | 228 | 7 | -0.22 | 0.00 | 12.24 | 11.00 | 6/18/2026 | Yes | 8 | 48 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.45 | 0.60 | 0.15 | 1.00 | 0.15 | 0.41 | 1 | 1 | -0.24 | -0.01 | 25.64 | 23.00 | 6/18/2026 | Yes | 8 | 58 | None |