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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMKR | AMKOR Technology Inc | Options Chain | 2.70 | 3.20 | 0.57 | 1.00 | 0.57 | 0.69 | 2 | 0 | -0.30 | -0.05 | 51.00 | 45.00 | 11/27/2026 | Yes | 17 | 51 | None | |
| WMT | Walmart Inc | Options Chain | 1.79 | 3.05 | 0.53 | 1.00 | 0.53 | 0.30 | 0 | 31 | -0.29 | -0.05 | 110.56 | 106.00 | 11/27/2026 | Yes | 9 | 59 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.15 | 8.20 | 2.05 | 5.00 | 0.41 | 0.26 | 1 | 1 | -0.30 | -0.14 | 331.42 | 320.00 | 11/27/2026 | Yes | 8 | 71 | None | |
| EQNR | Equinor ASA | Options Chain | 0.95 | 1.30 | 0.40 | 1.00 | 0.40 | 0.42 | 40 | 0 | -0.28 | -0.02 | 42.93 | 40.00 | 11/20/2026 | Yes | 12 | 61 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.60 | 11.15 | 1.88 | 5.00 | 0.38 | 0.32 | 20 | 6 | -0.30 | -0.23 | 457.99 | 430.00 | 11/27/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| ORCL | Oracle Corp | Options Chain | 5.70 | 6.00 | 0.37 | 1.00 | 0.37 | 0.51 | 0 | 2 | -0.30 | -0.10 | 136.06 | 132.00 | 11/27/2026 | No | 7 | 62 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 15.60 | 17.00 | 3.30 | 10.00 | 0.33 | 0.52 | 72 | 190 | -0.28 | -0.32 | 463.34 | 420.00 | 11/20/2026 | Yes | 11 | 62 | None | |
| PBF | PBF Energy Inc - Class A | Options Chain | 3.70 | 4.20 | 0.82 | 2.50 | 0.33 | 0.72 | 17 | 13 | -0.27 | -0.07 | 89.90 | 75.00 | 11/20/2026 | Yes | 13 | 60 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.43 | 0.59 | 0.16 | 0.50 | 0.32 | 0.33 | 18 | 2 | -0.30 | -0.01 | 22.48 | 21.00 | 11/27/2026 | Yes | 7 | 60 | None | |
| V | Visa Inc - Class A | Options Chain | 4.60 | 6.95 | 1.53 | 5.00 | 0.31 | 0.25 | 0 | 5 | -0.26 | -0.13 | 375.10 | 365.00 | 11/27/2026 | Yes | 10 | 69 | None | |
| HUM | Humana Inc | Options Chain | 14.00 | 19.60 | 1.45 | 5.00 | 0.29 | 0.46 | 0 | 32 | -0.29 | -0.28 | 387.12 | 405.00 | 11/27/2026 | Yes | 11 | 53 | None | |
| CRM | Salesforce Inc | Options Chain | 5.85 | 7.30 | 1.45 | 5.00 | 0.29 | 0.39 | 27 | 25 | -0.29 | -0.13 | 227.80 | 215.00 | 11/27/2026 | No | 11 | 63 | None | |
| BCE | BCE Inc | Options Chain | 0.30 | 0.45 | 0.28 | 1.00 | 0.28 | 0.30 | 14 | 0 | -0.29 | -0.01 | 19.96 | 18.00 | 11/20/2026 | Yes | 14 | 68 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.90 | 8.95 | 1.40 | 5.00 | 0.28 | 0.36 | 0 | 1 | -0.27 | -0.20 | 370.95 | 355.00 | 11/27/2026 | Yes | 13 | 65 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.40 | 6.40 | 1.37 | 5.00 | 0.27 | 0.47 | 10 | 2 | -0.28 | -0.11 | 175.85 | 160.00 | 11/27/2026 | Yes | 12 | 71 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.85 | 2.00 | 0.68 | 2.50 | 0.27 | 0.32 | 80 | 6 | -0.30 | -0.05 | 84.83 | 82.50 | 11/20/2026 | Yes | 12 | 26 | None | |
| GLW | Corning Inc | Options Chain | 5.00 | 6.40 | 1.32 | 5.00 | 0.26 | 0.58 | 4 | 15 | -0.26 | -0.11 | 152.83 | 140.00 | 11/27/2026 | Yes | 8 | 52 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.93 | 1.19 | 0.26 | 1.00 | 0.26 | 0.36 | 1 | 0 | -0.26 | -0.03 | 48.92 | 45.00 | 11/27/2026 | Yes | 13 | 64 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.20 | 2.35 | 0.63 | 2.50 | 0.25 | 0.45 | 497 | 21 | -0.26 | -0.05 | 85.32 | 80.00 | 11/20/2026 | Yes | 8 | 55 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.38 | 0.51 | 0.25 | 1.00 | 0.25 | 0.38 | 4 | 14 | -0.24 | -0.01 | 21.21 | 19.00 | 11/27/2026 | Yes | 16 | 70 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.49 | 0.88 | 0.25 | 1.00 | 0.25 | 0.28 | 4 | 40 | -0.26 | -0.02 | 46.35 | 39.00 | 11/27/2026 | Yes | 10 | 73 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.05 | 3.70 | 1.24 | 5.00 | 0.25 | 0.24 | 200 | 11 | -0.25 | -0.09 | 236.90 | 225.00 | 11/27/2026 | Yes | 12 | 60 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.61 | 0.74 | 0.23 | 1.00 | 0.23 | 0.36 | 5 | 0 | -0.23 | -0.02 | 34.75 | 32.00 | 11/27/2026 | No | 11 | 52 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.70 | 0.85 | 0.23 | 1.00 | 0.23 | 0.35 | 15 | 7 | -0.27 | -0.02 | 37.83 | 35.00 | 11/20/2026 | Yes | 15 | 80 | None | |
| PPL | PPL Corp | Options Chain | 0.35 | 0.60 | 0.23 | 1.00 | 0.23 | 0.22 | 4 | 2 | -0.29 | -0.01 | 33.90 | 33.00 | 11/20/2026 | Yes | 8 | 61 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.39 | 0.79 | 0.23 | 1.00 | 0.23 | 0.25 | 5 | 5 | -0.29 | -0.01 | 32.25 | 31.00 | 11/27/2026 | Yes | 8 | 59 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.35 | 0.45 | 0.22 | 1.00 | 0.22 | 0.30 | 13 | 0 | -0.26 | -0.01 | 23.31 | 22.00 | 11/20/2026 | Yes | 12 | 59 | None | |
| STM | ST Microelectronics | Options Chain | 1.65 | 2.75 | 0.22 | 1.00 | 0.22 | 0.58 | 6 | 0 | -0.28 | -0.06 | 52.71 | 48.00 | 11/27/2026 | Yes | 12 | 54 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 2.45 | 3.50 | 1.08 | 5.00 | 0.22 | 0.40 | 18 | 18 | -0.24 | -0.07 | 171.31 | 135.00 | 11/27/2026 | Yes | 9 | 67 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.82 | 1.14 | 0.21 | 1.00 | 0.21 | 0.27 | 0 | 1 | -0.27 | -0.02 | 57.03 | 54.00 | 11/27/2026 | Yes | 16 | 75 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.20 | 1.40 | 0.50 | 2.50 | 0.20 | 0.44 | 5 | 3 | -0.23 | -0.03 | 60.34 | 55.00 | 11/20/2026 | Yes | 9 | 55 | None | |
| EXC | Exelon Corp | Options Chain | 0.45 | 0.55 | 0.20 | 1.00 | 0.20 | 0.22 | 14 | 0 | -0.26 | -0.01 | 41.73 | 40.00 | 11/20/2026 | Yes | 11 | 69 | None | |
| APA | APA Corporation | Options Chain | 1.16 | 1.51 | 0.19 | 1.00 | 0.19 | 0.45 | 1 | 0 | -0.27 | -0.03 | 45.47 | 42.00 | 11/27/2026 | Yes | 14 | 72 | None | |
| GIS | General Mills Inc | Options Chain | 0.55 | 0.65 | 0.45 | 2.50 | 0.18 | 0.31 | 265 | 24 | -0.21 | -0.01 | 32.59 | 30.00 | 11/20/2026 | No | 6 | 53 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.40 | 0 | 1 | -0.22 | -0.01 | 22.60 | 21.00 | 11/20/2026 | Yes | 12 | 68 | None | |
| KO | Coca-Cola Company | Options Chain | 0.70 | 1.96 | 0.18 | 1.00 | 0.18 | 0.24 | 0 | 1 | -0.27 | -0.02 | 87.77 | 84.00 | 11/27/2026 | Yes | 9 | 61 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.35 | 0.18 | 1.00 | 0.18 | 0.28 | 0 | 24 | -0.27 | -0.01 | 20.10 | 19.00 | 11/20/2026 | Yes | 10 | 59 | None | |
| EIX | Edison International | Options Chain | 0.90 | 0.95 | 0.43 | 2.50 | 0.17 | 0.41 | 43 | 16 | -0.21 | -0.03 | 54.30 | 50.00 | 11/20/2026 | Yes | 10 | 60 | None | |
| NYT | New York Times Co. - Class A | Options Chain | 1.05 | 1.65 | 0.42 | 2.50 | 0.17 | 0.43 | 1 | 0 | -0.23 | -0.04 | 66.12 | 60.00 | 11/20/2026 | Yes | 15 | 61 | None | |
| F | Ford Motor Company | Options Chain | 0.14 | 0.59 | 0.08 | 0.50 | 0.16 | 0.48 | 0 | 1 | -0.26 | -0.01 | 12.25 | 11.00 | 11/27/2026 | Yes | 9 | 51 | None |