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 | 2.38 | 3.70 | 0.61 | 1.00 | 0.61 | 0.83 | 0 | 1 | -0.29 | -0.05 | 44.77 | 43.00 | 12/24/2026 | Yes | 10 | 52 | None | |
| TGT | Target Corp | Options Chain | 4.65 | 6.35 | 1.82 | 5.00 | 0.36 | 0.42 | 16 | 11 | -0.30 | -0.09 | 158.41 | 155.00 | 12/24/2026 | Yes | 11 | 64 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.05 | 12.00 | 1.75 | 5.00 | 0.35 | 0.42 | 2 | 5 | -0.29 | -0.23 | 375.44 | 365.00 | 12/24/2026 | No | 26 | 69 |
Growth Stock ListDividend Stock List |
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| DVN | Devon Energy Corp | Options Chain | 0.82 | 1.22 | 0.35 | 1.00 | 0.35 | 0.39 | 1 | 1 | -0.26 | -0.02 | 42.21 | 39.00 | 12/24/2026 | No | 10 | 59 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.21 | 1.57 | 0.35 | 1.00 | 0.35 | 0.38 | 0 | 5 | -0.28 | -0.03 | 56.38 | 52.00 | 12/24/2026 | Yes | 12 | 63 | None | |
| HPQ | HP Inc | Options Chain | 1.01 | 1.38 | 0.34 | 1.00 | 0.34 | 0.58 | 1 | 1 | -0.29 | -0.02 | 28.46 | 26.00 | 12/24/2026 | Yes | 10 | 45 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 22.05 | 24.10 | 1.70 | 5.00 | 0.34 | 0.88 | 2 | 101 | -0.29 | -0.43 | 328.53 | 310.00 | 12/24/2026 | Yes | 12 | 53 | None | |
| V | Visa Inc - Class A | Options Chain | 5.10 | 7.75 | 1.53 | 5.00 | 0.31 | 0.25 | 0 | 1 | -0.28 | -0.14 | 422.65 | 405.00 | 12/24/2026 | No | 9 | 70 | None | |
| DOW | Dow Inc | Options Chain | 0.72 | 1.05 | 0.30 | 1.00 | 0.30 | 0.39 | 1 | 23 | -0.29 | -0.01 | 31.40 | 29.00 | 12/24/2026 | No | 8 | 51 | None | |
| IP | International Paper Company | Options Chain | 0.75 | 1.00 | 0.30 | 1.00 | 0.30 | 0.38 | 1 | 21 | -0.29 | -0.01 | 34.53 | 33.00 | 12/24/2026 | No | 6 | 61 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.80 | 7.05 | 1.48 | 5.00 | 0.30 | 0.51 | 5 | 6 | -0.28 | -0.12 | 165.41 | 160.00 | 12/24/2026 | No | 10 | 63 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.45 | 2.75 | 0.72 | 2.50 | 0.29 | 0.48 | 26 | 27 | -0.30 | -0.06 | 74.76 | 75.00 | 12/18/2026 | No | 8 | 55 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.04 | 1.41 | 0.28 | 1.00 | 0.28 | 0.24 | 1 | 0 | -0.26 | -0.03 | 86.95 | 83.00 | 12/24/2026 | No | 11 | 73 | None | |
| NVO | Novo Nordisk | Options Chain | 0.68 | 0.98 | 0.28 | 1.00 | 0.28 | 0.34 | 2 | 16 | -0.26 | -0.02 | 40.31 | 39.00 | 12/24/2026 | No | 14 | 57 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.74 | 2.69 | 0.28 | 1.00 | 0.28 | 0.51 | 0 | 20 | -0.30 | -0.04 | 59.42 | 58.00 | 12/24/2026 | No | 14 | 65 | None | |
| CSX | CSX Corp | Options Chain | 0.65 | 1.10 | 0.28 | 1.00 | 0.28 | 0.26 | 3 | 4 | -0.30 | -0.02 | 49.12 | 48.00 | 12/24/2026 | No | 10 | 60 | None | |
| T | AT&T Inc | Options Chain | 0.25 | 0.47 | 0.14 | 0.50 | 0.28 | 0.29 | 1 | 2 | -0.25 | -0.01 | 21.63 | 20.50 | 12/24/2026 | No | 9 | 60 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.29 | 1.35 | 0.27 | 1.00 | 0.27 | 0.47 | 2 | 2 | -0.29 | -0.02 | 38.59 | 37.00 | 12/24/2026 | Yes | 13 | 59 | None | |
| CVX | Chevron Corp | Options Chain | 4.00 | 4.65 | 1.30 | 5.00 | 0.26 | 0.29 | 5 | 4 | -0.30 | -0.08 | 212.61 | 200.00 | 12/24/2026 | No | 13 | 76 | None | |
| WMT | Walmart Inc | Options Chain | 2.32 | 2.66 | 0.26 | 1.00 | 0.26 | 0.34 | 1 | 12 | -0.29 | -0.05 | 125.52 | 118.00 | 12/24/2026 | Yes | 8 | 57 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.41 | 0.47 | 0.13 | 0.50 | 0.26 | 0.29 | 9 | 0 | -0.28 | -0.01 | 24.61 | 23.00 | 12/24/2026 | No | 6 | 60 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.45 | 4.00 | 1.20 | 5.00 | 0.24 | 0.22 | 11 | 25 | -0.27 | -0.07 | 276.52 | 270.00 | 12/24/2026 | No | 12 | 68 | None | |
| SYF | Synchrony Financial | Options Chain | 1.50 | 2.10 | 0.60 | 2.50 | 0.24 | 0.35 | 43 | 0 | -0.29 | -0.04 | 73.74 | 70.00 | 12/18/2026 | No | 10 | 66 | None | |
| MO | Altria Group Inc | Options Chain | 1.08 | 1.27 | 0.24 | 1.00 | 0.24 | 0.23 | 51 | 0 | -0.29 | -0.03 | 76.12 | 73.00 | 12/24/2026 | No | 10 | 66 | None | |
| KO | Coca-Cola Company | Options Chain | 1.14 | 1.26 | 0.24 | 1.00 | 0.24 | 0.21 | 6 | 3 | -0.29 | -0.02 | 95.67 | 92.00 | 12/24/2026 | No | 10 | 67 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.45 | 0.58 | 0.12 | 0.50 | 0.24 | 0.35 | 0 | 6 | -0.27 | -0.01 | 24.39 | 23.00 | 12/24/2026 | No | 12 | 59 | None | |
| GLW | Corning Inc | Options Chain | 3.75 | 4.50 | 1.19 | 5.00 | 0.24 | 0.69 | 0 | 5 | -0.25 | -0.10 | 106.13 | 100.00 | 12/24/2026 | No | 10 | 55 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.05 | 3.35 | 1.17 | 5.00 | 0.23 | 0.30 | 8 | 17 | -0.27 | -0.06 | 165.87 | 155.00 | 12/24/2026 | No | 13 | 72 | None | |
| GFI | Gold Fields Ltd | Options Chain | 1.05 | 1.30 | 0.23 | 1.00 | 0.23 | 0.48 | 1 | 0 | -0.28 | -0.03 | 38.90 | 38.00 | 12/18/2026 | No | 13 | 57 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.65 | 1.85 | 0.57 | 2.50 | 0.23 | 0.37 | 0 | 60 | -0.27 | -0.05 | 80.50 | 77.50 | 12/18/2026 | Yes | 12 | 27 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.88 | 2.68 | 0.56 | 2.50 | 0.22 | 0.21 | 0 | 9 | -0.30 | -0.06 | 165.40 | 162.50 | 12/24/2026 | No | 10 | 74 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.60 | 5.65 | 1.10 | 5.00 | 0.22 | 0.35 | 5 | 3 | -0.26 | -0.10 | 245.00 | 230.00 | 12/24/2026 | No | 12 | 73 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.45 | 0.65 | 0.22 | 1.00 | 0.22 | 0.24 | 0 | 5 | -0.23 | -0.01 | 43.24 | 42.00 | 12/18/2026 | No | 16 | 69 | None | |
| EQNR | Equinor ASA | Options Chain | 0.70 | 1.00 | 0.22 | 1.00 | 0.22 | 0.37 | 50 | 20 | -0.25 | -0.02 | 41.99 | 38.00 | 12/18/2026 | No | 9 | 54 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.77 | 0.90 | 0.22 | 1.00 | 0.22 | 0.28 | 7 | 18 | -0.27 | -0.02 | 49.42 | 48.00 | 12/24/2026 | No | 12 | 73 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.28 | 2.66 | 0.22 | 1.00 | 0.22 | 0.43 | 1 | 0 | -0.28 | -0.06 | 87.20 | 85.00 | 12/24/2026 | No | 12 | 66 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.75 | 0.85 | 0.22 | 1.00 | 0.22 | 0.33 | 1 | 0 | -0.29 | -0.02 | 38.17 | 37.00 | 12/18/2026 | No | 16 | 79 | None | |
| SYY | Sysco Corp | Options Chain | 0.90 | 1.35 | 0.53 | 2.50 | 0.21 | 0.25 | 5 | 47 | -0.26 | -0.03 | 76.86 | 75.00 | 12/18/2026 | No | 13 | 65 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.50 | 0.80 | 0.20 | 1.00 | 0.20 | 0.37 | 2 | 0 | -0.27 | -0.01 | 27.08 | 27.00 | 12/18/2026 | No | 6 | 58 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.55 | 0.20 | 1.00 | 0.20 | 0.39 | 4 | 6 | -0.29 | -0.01 | 22.00 | 20.00 | 12/18/2026 | No | 13 | 68 | None | |
| BCS | Barclays plc | Options Chain | 0.45 | 0.55 | 0.20 | 1.00 | 0.20 | 0.34 | 2 | 1 | -0.30 | -0.01 | 22.33 | 22.00 | 12/18/2026 | No | 16 | 60 | None | |
| F | Ford Motor Company | Options Chain | 0.19 | 0.22 | 0.10 | 0.50 | 0.20 | 0.34 | 6 | 4 | -0.21 | 0.00 | 12.44 | 11.50 | 12/24/2026 | No | 7 | 51 | None | |
| CFG | Citizens Financial Group Inc | Options Chain | 0.90 | 1.15 | 0.48 | 2.50 | 0.19 | 0.28 | 3 | 2 | -0.28 | -0.03 | 63.24 | 62.50 | 12/18/2026 | No | 13 | 68 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.41 | 0.49 | 0.18 | 1.00 | 0.18 | 0.28 | 0 | 3 | -0.27 | -0.01 | 29.96 | 29.00 | 12/24/2026 | No | 8 | 58 | None | |
| KDP | Keurig Dr Pepper Inc | Options Chain | 0.50 | 0.60 | 0.17 | 1.00 | 0.17 | 0.28 | 20 | 0 | -0.27 | -0.02 | 36.60 | 35.00 | 12/18/2026 | No | 10 | 66 | None | |
| EIX | Edison International | Options Chain | 0.80 | 1.10 | 0.42 | 2.50 | 0.17 | 0.38 | 56 | 2 | -0.21 | -0.03 | 59.37 | 55.00 | 12/18/2026 | No | 9 | 65 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 0.85 | 1.05 | 0.50 | 3.00 | 0.17 | 0.39 | 3 | 2 | -0.25 | -0.02 | 47.87 | 45.00 | 12/18/2026 | No | 12 | 66 | None | |
| VTRS | Viatris Inc | Options Chain | 0.15 | 0.50 | 0.15 | 1.00 | 0.15 | 0.35 | 12 | 0 | -0.26 | -0.01 | 19.95 | 19.00 | 12/18/2026 | No | 6 | 50 | None |