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.
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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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KDP | Keurig Dr Pepper Inc | Options Chain | 0.30 | 1.70 | 0.75 | 1.00 | 0.75 | 0.22 | 1 | 0 | -0.30 | -0.01 | 33.21 | 32.00 | 8/15/2025 | Yes | 9 | 58 | None | |
| DUK | Duke Energy Corp | Options Chain | 1.45 | 3.90 | 2.23 | 5.00 | 0.45 | 0.22 | 7 | 10 | -0.27 | -0.03 | 114.58 | 110.00 | 8/15/2025 | No | 12 | 66 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.40 | 1.40 | 0.43 | 1.00 | 0.43 | 0.29 | 0 | 76 | -0.29 | -0.01 | 38.78 | 37.00 | 8/15/2025 | Yes | 10 | 65 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.15 | 2.00 | 0.90 | 2.50 | 0.36 | 0.34 | 129 | 26 | -0.29 | -0.02 | 56.94 | 52.50 | 8/15/2025 | Yes | 16 | 67 | None | |
| YUMC | Yum China Holdings Inc | Options Chain | 1.05 | 1.90 | 0.85 | 2.50 | 0.34 | 0.43 | 2 | 0 | -0.27 | -0.02 | 42.76 | 40.00 | 8/15/2025 | No | 17 | 16 | None | |
| WMT | Walmart Inc | Options Chain | 1.90 | 2.43 | 0.83 | 2.50 | 0.33 | 0.26 | 127 | 177 | -0.30 | -0.03 | 95.09 | 92.50 | 8/15/2025 | No | 11 | 46 | None | |
| RTX | RTX Corp | Options Chain | 2.70 | 3.80 | 1.45 | 5.00 | 0.29 | 0.29 | 9 | 8 | -0.29 | -0.06 | 145.87 | 140.00 | 8/15/2025 | Yes | 10 | 64 | None | |
| INTC | Intel Corp | Options Chain | 0.75 | 0.82 | 0.29 | 1.00 | 0.29 | 0.54 | 10698 | 187 | -0.27 | -0.01 | 21.49 | 19.00 | 8/15/2025 | Yes | 5 | 46 | None | |
| NEM | Newmont Corp | Options Chain | 1.73 | 1.79 | 0.71 | 2.50 | 0.28 | 0.37 | 626 | 23 | -0.30 | -0.03 | 58.26 | 55.00 | 8/15/2025 | Yes | 16 | 70 | None | |
| FAST | Fastenal Company | Options Chain | 0.85 | 1.15 | 0.33 | 1.25 | 0.26 | 0.31 | 4 | 0 | -0.30 | -0.01 | 41.49 | 38.75 | 8/15/2025 | Yes | 11 | 48 | None | |
| MCHP | Microchip Technology Inc | Options Chain | 2.25 | 2.40 | 0.65 | 2.50 | 0.26 | 0.50 | 5 | 6 | -0.26 | -0.04 | 68.02 | 62.50 | 8/15/2025 | Yes | 3 | 50 | None | |
| RRC | Range Resources Corp | Options Chain | 1.20 | 1.40 | 0.25 | 1.00 | 0.25 | 0.42 | 0 | 10 | -0.27 | -0.03 | 42.57 | 40.00 | 8/15/2025 | Yes | 9 | 58 | None | |
| COP | Conoco Phillips | Options Chain | 1.98 | 2.34 | 0.62 | 2.50 | 0.25 | 0.36 | 7 | 55 | -0.26 | -0.04 | 93.80 | 87.50 | 8/15/2025 | Yes | 12 | 66 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 5.75 | 5.95 | 1.23 | 5.00 | 0.25 | 0.39 | 44 | 389 | -0.27 | -0.11 | 213.75 | 195.00 | 8/15/2025 | Yes | 24 | 64 |
Dividend Stock List |
|
| QCOM | Qualcomm Inc | Options Chain | 4.20 | 4.40 | 1.23 | 5.00 | 0.25 | 0.40 | 23 | 1111 | -0.27 | -0.08 | 153.63 | 140.00 | 8/15/2025 | Yes | 13 | 64 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 11.45 | 11.80 | 2.40 | 10.00 | 0.24 | 0.48 | 226 | 552 | -0.29 | -0.19 | 306.29 | 280.00 | 8/15/2025 | Yes | 14 | 69 | None | |
| GM | General Motors Company | Options Chain | 1.02 | 1.72 | 0.60 | 2.50 | 0.24 | 0.38 | 11 | 1 | -0.29 | -0.02 | 48.09 | 45.00 | 8/15/2025 | Yes | 14 | 68 | None | |
| GIS | General Mills Inc | Options Chain | 1.25 | 1.40 | 0.60 | 2.50 | 0.24 | 0.31 | 18 | 122 | -0.30 | -0.02 | 52.96 | 50.00 | 8/15/2025 | Yes | 12 | 57 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 3.15 | 3.25 | 1.19 | 5.00 | 0.24 | 0.39 | 172 | 950 | -0.27 | -0.06 | 116.56 | 110.00 | 8/15/2025 | No | 15 | 64 | None | |
| AAPL | Apple Inc | Options Chain | 4.65 | 4.80 | 1.18 | 5.00 | 0.24 | 0.31 | 4245 | 961 | -0.28 | -0.08 | 201.00 | 190.00 | 8/15/2025 | Yes | 10 | 65 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.63 | 1.84 | 0.59 | 2.50 | 0.24 | 0.33 | 64 | 30 | -0.28 | -0.03 | 71.57 | 67.50 | 8/15/2025 | Yes | 8 | 55 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.70 | 1.12 | 0.59 | 2.50 | 0.24 | 0.34 | 16 | 3 | -0.30 | -0.01 | 34.26 | 32.50 | 8/15/2025 | Yes | 12 | 64 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.86 | 1.92 | 0.58 | 2.50 | 0.23 | 0.44 | 51 | 27 | -0.27 | -0.04 | 59.51 | 55.00 | 8/15/2025 | Yes | 16 | 50 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 0.80 | 1.05 | 0.23 | 1.00 | 0.23 | 0.36 | 2 | 1 | -0.27 | -0.02 | 39.00 | 36.00 | 8/15/2025 | Yes | 12 | 56 | None | |
| AVGO | Broadcom Inc | Options Chain | 6.90 | 7.10 | 2.28 | 10.00 | 0.23 | 0.41 | 1355 | 284 | -0.26 | -0.14 | 249.99 | 230.00 | 8/15/2025 | No | 9 | 67 | None | |
| AMGN | AMGEN Inc | Options Chain | 6.20 | 7.50 | 1.13 | 5.00 | 0.23 | 0.34 | 5 | 0 | -0.27 | -0.12 | 289.33 | 270.00 | 8/15/2025 | Yes | 11 | 61 | None | |
| CLX | Clorox Company | Options Chain | 2.45 | 3.50 | 1.13 | 5.00 | 0.23 | 0.32 | 17 | 23 | -0.29 | -0.05 | 120.93 | 115.00 | 8/15/2025 | Yes | 15 | 56 | None | |
| MO | Altria Group Inc | Options Chain | 0.92 | 1.15 | 0.56 | 2.50 | 0.22 | 0.23 | 34 | 5 | -0.29 | -0.02 | 59.49 | 57.50 | 8/15/2025 | Yes | 12 | 68 | None | |
| V | Visa Inc - Class A | Options Chain | 6.75 | 7.05 | 1.10 | 5.00 | 0.22 | 0.29 | 128 | 68 | -0.26 | -0.13 | 340.38 | 320.00 | 8/15/2025 | Yes | 12 | 59 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.25 | 5.40 | 1.10 | 5.00 | 0.22 | 0.27 | 93 | 168 | -0.27 | -0.09 | 273.96 | 260.00 | 8/15/2025 | Yes | 14 | 68 | None | |
| MCD | McDonald`s Corp | Options Chain | 4.25 | 4.45 | 1.10 | 5.00 | 0.22 | 0.23 | 224 | 20 | -0.27 | -0.10 | 289.63 | 275.00 | 8/15/2025 | Yes | 9 | 66 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.17 | 1.25 | 0.55 | 2.50 | 0.22 | 0.38 | 5125 | 275 | -0.27 | -0.02 | 45.35 | 42.50 | 8/15/2025 | No | 12 | 66 | None | |
| GE | General Electric Company | Options Chain | 6.00 | 6.25 | 2.18 | 10.00 | 0.22 | 0.39 | 18 | 5 | -0.26 | -0.11 | 235.89 | 220.00 | 8/15/2025 | Yes | 9 | 64 | None | |
| CG | Carlyle Group Inc (The) | Options Chain | 0.90 | 1.70 | 0.53 | 2.50 | 0.21 | 0.44 | 2 | 1 | -0.26 | -0.03 | 46.86 | 42.50 | 8/15/2025 | No | 14 | 51 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.75 | 10.70 | 1.05 | 5.00 | 0.21 | 0.25 | 117 | 102 | -0.30 | -0.18 | 480.24 | 460.00 | 8/15/2025 | Yes | 13 | 68 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.88 | 0.90 | 0.21 | 1.00 | 0.21 | 0.29 | 880 | 152 | -0.27 | -0.02 | 45.50 | 43.00 | 8/15/2025 | Yes | 12 | 73 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.35 | 2.69 | 1.03 | 5.00 | 0.21 | 0.21 | 41 | 135 | -0.28 | -0.04 | 150.73 | 145.00 | 8/15/2025 | Yes | 16 | 57 | None | |
| CHD | Church & Dwight Co. Inc | Options Chain | 2.20 | 2.75 | 1.03 | 5.00 | 0.21 | 0.28 | 2 | 0 | -0.30 | -0.03 | 96.43 | 95.00 | 8/15/2025 | Yes | 7 | 50 | None | |
| NVO | Novo Nordisk | Options Chain | 1.88 | 2.27 | 1.02 | 5.00 | 0.20 | 0.51 | 117 | 35 | -0.22 | -0.05 | 74.01 | 65.00 | 8/15/2025 | No | 15 | 73 | None | |
| C | Citigroup Inc | Options Chain | 1.40 | 1.60 | 0.51 | 2.50 | 0.20 | 0.32 | 15 | 40 | -0.24 | -0.03 | 78.45 | 72.50 | 8/15/2025 | Yes | 18 | 75 | None | |
| SBUX | Starbucks Corp | Options Chain | 2.11 | 2.25 | 1.01 | 5.00 | 0.20 | 0.38 | 26 | 15 | -0.25 | -0.04 | 92.28 | 85.00 | 8/15/2025 | No | 10 | 45 | None | |
| GFI | Gold Fields Ltd | Options Chain | 0.10 | 0.95 | 0.20 | 1.00 | 0.20 | 0.41 | 1 | 0 | -0.25 | -0.02 | 24.32 | 22.00 | 8/15/2025 | No | 13 | 58 | None | |
| RF | Regions Financial Corp | Options Chain | 0.40 | 0.55 | 0.20 | 1.00 | 0.20 | 0.30 | 0 | 6 | -0.27 | -0.01 | 21.96 | 21.00 | 8/15/2025 | Yes | 14 | 62 | None | |
| ORCL | Oracle Corp | Options Chain | 3.75 | 3.95 | 0.99 | 5.00 | 0.20 | 0.32 | 392 | 186 | -0.25 | -0.08 | 210.87 | 190.00 | 8/15/2025 | No | 9 | 61 | None | |
| SYY | Sysco Corp | Options Chain | 1.00 | 1.40 | 0.48 | 2.50 | 0.19 | 0.26 | 0 | 4 | -0.27 | -0.02 | 73.97 | 70.00 | 8/15/2025 | Yes | 14 | 53 | None | |
| T | AT&T Inc | Options Chain | 0.54 | 0.61 | 0.19 | 1.00 | 0.19 | 0.30 | 104 | 44 | -0.28 | -0.01 | 27.66 | 26.00 | 8/15/2025 | Yes | 10 | 66 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.38 | 1.48 | 0.47 | 2.50 | 0.19 | 0.32 | 118 | 782 | -0.25 | -0.03 | 74.74 | 70.00 | 8/15/2025 | Yes | 13 | 62 | None | |
| BHP | BHP Group Ltd | Options Chain | 0.70 | 0.95 | 0.45 | 2.50 | 0.18 | 0.31 | 47 | 32 | -0.21 | -0.02 | 46.14 | 42.50 | 8/15/2025 | No | 14 | 25 | None | |
| GSK | GSK Plc | Options Chain | 0.75 | 0.85 | 0.18 | 1.00 | 0.18 | 0.35 | 20 | 15 | -0.25 | -0.02 | 38.64 | 35.00 | 8/15/2025 | Yes | 12 | 54 | None | |
| LUV | Southwest Airlines Company | Options Chain | 0.63 | 0.67 | 0.44 | 2.50 | 0.18 | 0.44 | 121 | 183 | -0.19 | -0.02 | 31.16 | 27.50 | 8/15/2025 | Yes | 11 | 52 | None | |
| CVX | Chevron Corp | Options Chain | 2.20 | 2.67 | 0.87 | 5.00 | 0.17 | 0.28 | 37 | 75 | -0.24 | -0.06 | 148.19 | 140.00 | 8/15/2025 | Yes | 12 | 77 | None | |
| KR | Kroger Company | Options Chain | 0.96 | 1.06 | 0.43 | 2.50 | 0.17 | 0.26 | 108 | 133 | -0.23 | -0.02 | 65.52 | 67.50 | 8/15/2025 | No | 12 | 63 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.28 | 1.78 | 0.43 | 2.50 | 0.17 | 0.31 | 3 | 12 | -0.24 | -0.04 | 89.91 | 82.50 | 8/15/2025 | Yes | 12 | 67 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.62 | 0.72 | 0.17 | 1.00 | 0.17 | 0.25 | 13 | 20 | -0.22 | -0.01 | 41.67 | 39.00 | 8/15/2025 | Yes | 14 | 65 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 0.95 | 1.20 | 0.17 | 1.00 | 0.17 | 0.41 | 26 | 2 | -0.27 | -0.02 | 41.18 | 37.00 | 8/15/2025 | Yes | 11 | 59 | None | |
| BDX | Becton Dickinson & Company | Options Chain | 1.90 | 6.00 | 0.83 | 5.00 | 0.17 | 0.29 | 11 | 11 | -0.30 | -0.07 | 168.42 | 160.00 | 8/15/2025 | Yes | 12 | 54 | None | |
| SYF | Synchrony Financial | Options Chain | 1.60 | 1.85 | 0.40 | 2.50 | 0.16 | 0.39 | 0 | 1 | -0.29 | -0.03 | 61.45 | 57.50 | 8/15/2025 | Yes | 15 | 63 | None | |
| PEP | PepsiCo Inc | Options Chain | 1.76 | 1.87 | 0.77 | 5.00 | 0.15 | 0.28 | 101 | 33 | -0.21 | -0.05 | 129.07 | 120.00 | 8/15/2025 | Yes | 12 | 55 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.84 | 2.20 | 0.76 | 5.00 | 0.15 | 0.23 | 34 | 5 | -0.25 | -0.04 | 158.02 | 150.00 | 8/15/2025 | Yes | 12 | 72 | None | |
| PRU | Prudential Financial Inc | Options Chain | 1.65 | 1.95 | 0.38 | 2.50 | 0.15 | 0.29 | 0 | 2 | -0.24 | -0.04 | 104.11 | 97.50 | 8/15/2025 | Yes | 13 | 69 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.29 | 0.32 | 0.15 | 1.00 | 0.15 | 0.39 | 93 | 0 | -0.20 | -0.01 | 17.78 | 16.00 | 8/15/2025 | No | 16 | 58 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.25 | 0.40 | 0.15 | 1.00 | 0.15 | 0.45 | 1 | 0 | -0.22 | -0.01 | 14.69 | 13.00 | 8/15/2025 | No | 15 | 56 | None | |
| BP | BP plc | Options Chain | 0.42 | 0.68 | 0.15 | 1.00 | 0.15 | 0.29 | 2 | 51 | -0.27 | -0.01 | 31.14 | 29.00 | 8/15/2025 | Yes | 8 | 55 | None |
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