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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GLW | Corning Inc | Options Chain | 13.15 | 13.55 | 1.90 | 5.00 | 0.38 | 0.93 | 79 | 58 | -0.30 | -0.24 | 185.38 | 165.00 | 8/21/2026 | Yes | 8 | 52 | None | |
| IBM | International Business Machines Corp | Options Chain | 11.20 | 12.30 | 1.80 | 5.00 | 0.36 | 0.53 | 9 | 6 | -0.30 | -0.21 | 306.13 | 280.00 | 8/21/2026 | Yes | 13 | 69 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.11 | 2.38 | 0.36 | 1.00 | 0.36 | 0.72 | 24 | 6 | -0.29 | -0.04 | 43.47 | 40.00 | 8/21/2026 | No | 8 | 51 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 26.60 | 27.60 | 3.52 | 10.00 | 0.35 | 0.88 | 299 | 60 | -0.29 | -0.53 | 417.28 | 380.00 | 8/21/2026 | No | 14 | 57 | None | |
| GPN | Global Payments Inc | Options Chain | 2.10 | 2.70 | 0.82 | 2.50 | 0.33 | 0.50 | 6 | 5 | -0.29 | -0.05 | 77.59 | 67.50 | 8/21/2026 | Yes | 8 | 56 | None | |
| VST | Vistra Corp | Options Chain | 5.65 | 6.50 | 1.58 | 5.00 | 0.32 | 0.57 | 31 | 69 | -0.29 | -0.13 | 155.73 | 140.00 | 8/21/2026 | Yes | 8 | 62 | None | |
| QCOM | Qualcomm Inc | Options Chain | 8.60 | 9.00 | 1.55 | 5.00 | 0.31 | 0.73 | 136 | 99 | -0.27 | -0.19 | 182.97 | 165.00 | 8/21/2026 | Yes | 11 | 64 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 15.15 | 15.90 | 2.93 | 10.00 | 0.29 | 0.54 | 344 | 198 | -0.28 | -0.35 | 432.57 | 400.00 | 8/21/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| APH | Amphenol Corp - Class A | Options Chain | 5.40 | 5.90 | 1.45 | 5.00 | 0.29 | 0.60 | 11 | 218 | -0.26 | -0.12 | 158.61 | 140.00 | 8/21/2026 | Yes | 8 | 58 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.58 | 0.65 | 0.29 | 1.00 | 0.29 | 0.26 | 0 | 70 | -0.30 | -0.01 | 32.49 | 31.00 | 8/21/2026 | Yes | 8 | 59 | None | |
| CRM | Salesforce Inc | Options Chain | 4.65 | 4.90 | 1.43 | 5.00 | 0.29 | 0.43 | 38 | 149 | -0.28 | -0.11 | 169.52 | 155.00 | 8/21/2026 | No | 11 | 63 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.75 | 6.20 | 1.43 | 5.00 | 0.29 | 0.26 | 51 | 11 | -0.29 | -0.15 | 339.22 | 320.00 | 8/21/2026 | Yes | 12 | 77 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 3.90 | 4.10 | 1.41 | 5.00 | 0.28 | 0.51 | 46 | 13 | -0.29 | -0.09 | 111.79 | 105.00 | 8/21/2026 | Yes | 9 | 62 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.84 | 0.88 | 0.28 | 1.00 | 0.28 | 0.30 | 49 | 218 | -0.24 | -0.01 | 42.59 | 40.00 | 8/21/2026 | Yes | 13 | 73 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.60 | 0.85 | 0.28 | 1.00 | 0.28 | 0.29 | 0 | 1 | -0.28 | -0.02 | 41.40 | 39.00 | 8/21/2026 | Yes | 17 | 67 | None | |
| T | AT&T Inc | Options Chain | 0.56 | 0.58 | 0.28 | 1.00 | 0.28 | 0.35 | 109 | 72 | -0.29 | -0.01 | 21.09 | 20.00 | 8/21/2026 | Yes | 13 | 70 | None | |
| ORCL | Oracle Corp | Options Chain | 5.35 | 5.45 | 1.40 | 5.00 | 0.28 | 0.62 | 765 | 825 | -0.28 | -0.11 | 141.60 | 125.00 | 8/21/2026 | No | 10 | 67 | None | |
| ZION | Zions Bancorporation N.A | Options Chain | 1.40 | 1.70 | 0.70 | 2.50 | 0.28 | 0.33 | 10 | 1 | -0.30 | -0.03 | 70.69 | 65.00 | 8/21/2026 | Yes | 19 | 73 | None | |
| LUV | Southwest Airlines Company | Options Chain | 1.72 | 1.83 | 0.69 | 2.50 | 0.28 | 0.52 | 8 | 22 | -0.29 | -0.04 | 49.43 | 45.00 | 8/21/2026 | Yes | 12 | 57 | None | |
| EQNR | Equinor ASA | Options Chain | 0.85 | 1.05 | 0.27 | 1.00 | 0.27 | 0.41 | 3 | 0 | -0.29 | -0.02 | 33.91 | 32.00 | 8/21/2026 | Yes | 12 | 61 | None | |
| EXC | Exelon Corp | Options Chain | 0.55 | 1.05 | 0.27 | 1.00 | 0.27 | 0.23 | 41 | 0 | -0.30 | -0.02 | 47.57 | 46.00 | 8/21/2026 | Yes | 10 | 65 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 9.85 | 10.20 | 2.63 | 10.00 | 0.26 | 0.37 | 38 | 80 | -0.27 | -0.24 | 428.19 | 400.00 | 8/21/2026 | Yes | 11 | 63 | None | |
| AXP | American Express Company | Options Chain | 7.00 | 7.65 | 2.60 | 10.00 | 0.26 | 0.32 | 57 | 31 | -0.30 | -0.17 | 349.58 | 320.00 | 8/21/2026 | Yes | 12 | 70 | None | |
| SIRI | Sirius XM Holdings Inc | Options Chain | 0.68 | 0.83 | 0.26 | 1.00 | 0.26 | 0.40 | 134 | 49 | -0.27 | -0.01 | 30.71 | 28.00 | 8/21/2026 | Yes | 11 | 62 | None | |
| HPQ | HP Inc | Options Chain | 0.68 | 0.72 | 0.26 | 1.00 | 0.26 | 0.45 | 11 | 55 | -0.28 | -0.02 | 22.96 | 22.00 | 8/21/2026 | No | 12 | 38 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.60 | 0.68 | 0.25 | 1.00 | 0.25 | 0.39 | 205 | 770 | -0.29 | -0.01 | 23.41 | 22.00 | 8/21/2026 | Yes | 12 | 58 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.39 | 2.58 | 0.62 | 2.50 | 0.25 | 0.46 | 110 | 4 | -0.27 | -0.06 | 88.63 | 80.00 | 8/21/2026 | Yes | 16 | 66 | None | |
| MO | Altria Group Inc | Options Chain | 1.27 | 1.38 | 0.62 | 2.50 | 0.25 | 0.28 | 32 | 24 | -0.28 | -0.03 | 72.96 | 70.00 | 8/21/2026 | Yes | 12 | 67 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.24 | 1.32 | 0.62 | 2.50 | 0.25 | 0.33 | 15 | 340 | -0.29 | -0.03 | 57.97 | 55.00 | 8/21/2026 | Yes | 11 | 53 | None | |
| C | Citigroup Inc | Options Chain | 3.05 | 3.20 | 1.22 | 5.00 | 0.24 | 0.34 | 127 | 81 | -0.29 | -0.07 | 140.77 | 130.00 | 8/21/2026 | Yes | 11 | 69 | None | |
| HAL | Halliburton Company | Options Chain | 0.74 | 0.87 | 0.24 | 1.00 | 0.24 | 0.41 | 54 | 303 | -0.25 | -0.02 | 33.79 | 32.00 | 8/21/2026 | Yes | 10 | 48 | None | |
| NVO | Novo Nordisk | Options Chain | 1.25 | 1.29 | 0.58 | 2.50 | 0.23 | 0.46 | 637 | 17 | -0.26 | -0.03 | 49.64 | 45.00 | 8/21/2026 | Yes | 17 | 60 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.55 | 0.70 | 0.23 | 1.00 | 0.23 | 0.47 | 7 | 40 | -0.23 | -0.02 | 25.21 | 24.00 | 8/21/2026 | Yes | 16 | 66 | None | |
| V | Visa Inc - Class A | Options Chain | 4.90 | 5.40 | 1.15 | 5.00 | 0.23 | 0.27 | 16 | 95 | -0.26 | -0.14 | 352.20 | 330.00 | 8/21/2026 | Yes | 11 | 69 | None | |
| TGT | Target Corp | Options Chain | 2.88 | 3.10 | 1.13 | 5.00 | 0.23 | 0.44 | 73 | 37 | -0.23 | -0.06 | 127.55 | 120.00 | 8/21/2026 | Yes | 12 | 63 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.15 | 1.25 | 0.45 | 2.00 | 0.23 | 0.58 | 19 | 3 | -0.22 | -0.03 | 44.16 | 37.00 | 8/21/2026 | Yes | 14 | 55 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.60 | 1.80 | 0.55 | 2.50 | 0.22 | 0.39 | 1 | 5 | -0.25 | -0.04 | 80.23 | 72.50 | 8/21/2026 | Yes | 9 | 57 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.39 | 1.48 | 0.22 | 1.00 | 0.22 | 0.57 | 463 | 26 | -0.21 | -0.04 | 59.31 | 50.00 | 8/21/2026 | Yes | 13 | 63 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.90 | 1.20 | 0.22 | 1.00 | 0.22 | 0.39 | 0 | 3 | -0.28 | -0.02 | 45.40 | 41.00 | 8/21/2026 | Yes | 10 | 65 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.44 | 0.58 | 0.21 | 1.00 | 0.21 | 0.22 | 4 | 6 | -0.26 | -0.01 | 37.64 | 36.00 | 8/21/2026 | Yes | 12 | 68 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.25 | 1.45 | 0.52 | 2.50 | 0.21 | 0.51 | 9 | 39 | -0.22 | -0.04 | 54.60 | 50.00 | 8/21/2026 | Yes | 7 | 57 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.38 | 1.48 | 0.52 | 2.50 | 0.21 | 0.32 | 18 | 12 | -0.25 | -0.03 | 87.18 | 80.00 | 8/21/2026 | Yes | 13 | 73 | None | |
| RF | Regions Financial Corp | Options Chain | 0.50 | 0.60 | 0.20 | 1.00 | 0.20 | 0.31 | 462 | 1 | -0.25 | -0.01 | 30.59 | 28.00 | 8/21/2026 | Yes | 18 | 70 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.45 | 0.55 | 0.20 | 1.00 | 0.20 | 0.42 | 24 | 0 | -0.28 | -0.01 | 19.09 | 18.00 | 8/21/2026 | Yes | 7 | 53 | None | |
| EQT | EQT Corp | Options Chain | 0.79 | 0.86 | 0.49 | 2.50 | 0.20 | 0.32 | 56 | 0 | -0.24 | -0.02 | 51.76 | 47.50 | 8/21/2026 | Yes | 17 | 72 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.97 | 1.03 | 0.49 | 2.50 | 0.20 | 0.40 | 67 | 67 | -0.27 | -0.03 | 42.41 | 40.00 | 8/21/2026 | Yes | 7 | 53 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.80 | 0.84 | 0.48 | 2.50 | 0.19 | 0.36 | 787 | 71 | -0.25 | -0.02 | 43.21 | 40.00 | 8/21/2026 | No | 13 | 58 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.70 | 2.00 | 0.95 | 5.00 | 0.19 | 0.40 | 90 | 34 | -0.23 | -0.03 | 91.25 | 80.00 | 8/21/2026 | No | 10 | 71 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.20 | 1.30 | 0.47 | 2.50 | 0.19 | 0.59 | 48 | 10 | -0.23 | -0.03 | 43.94 | 37.50 | 8/21/2026 | Yes | 14 | 57 | None | |
| BCS | Barclays plc | Options Chain | 0.65 | 0.80 | 0.18 | 1.00 | 0.18 | 0.41 | 46 | 60 | -0.30 | -0.01 | 27.41 | 25.00 | 8/21/2026 | Yes | 18 | 60 | None | |
| COP | Conoco Phillips | Options Chain | 1.45 | 1.58 | 0.44 | 2.50 | 0.18 | 0.35 | 116 | 10 | -0.20 | -0.05 | 108.44 | 100.00 | 8/21/2026 | Yes | 10 | 75 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.86 | 0.94 | 0.44 | 2.50 | 0.18 | 0.28 | 17 | 15 | -0.24 | -0.03 | 62.89 | 57.50 | 8/21/2026 | Yes | 12 | 65 | None | |
| PCG | PG&E Corp | Options Chain | 0.29 | 0.40 | 0.17 | 1.00 | 0.17 | 0.40 | 3 | 1 | -0.26 | -0.01 | 17.18 | 16.00 | 8/21/2026 | Yes | 13 | 59 | None | |
| INFY | Infosys Ltd | Options Chain | 0.35 | 0.45 | 0.17 | 1.00 | 0.17 | 0.55 | 1 | 4000 | -0.28 | -0.01 | 11.27 | 10.00 | 8/21/2026 | Yes | 13 | 45 | None | |
| WMT | Walmart Inc | Options Chain | 1.49 | 1.54 | 0.83 | 5.00 | 0.17 | 0.30 | 333 | 301 | -0.22 | -0.05 | 111.54 | 105.00 | 8/21/2026 | Yes | 10 | 59 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.66 | 1.74 | 0.82 | 5.00 | 0.16 | 0.30 | 233 | 210 | -0.22 | -0.05 | 141.69 | 130.00 | 8/21/2026 | No | 11 | 71 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.73 | 0.74 | 0.40 | 2.50 | 0.16 | 0.27 | 399 | 12 | -0.22 | -0.02 | 59.86 | 55.00 | 8/21/2026 | Yes | 13 | 73 | None | |
| KO | Coca-Cola Company | Options Chain | 0.90 | 1.04 | 0.40 | 2.50 | 0.16 | 0.23 | 132 | 45 | -0.24 | -0.03 | 84.07 | 80.00 | 8/21/2026 | Yes | 9 | 61 | None | |
| F | Ford Motor Company | Options Chain | 0.25 | 0.27 | 0.16 | 1.00 | 0.16 | 0.44 | 248 | 70 | -0.21 | -0.01 | 13.56 | 12.00 | 8/21/2026 | Yes | 9 | 48 | None | |
| CLX | Clorox Company | Options Chain | 1.25 | 1.60 | 0.78 | 5.00 | 0.16 | 0.39 | 79 | 64 | -0.19 | -0.04 | 97.41 | 85.00 | 8/21/2026 | Yes | 15 | 55 | None | |
| VTRS | Viatris Inc | Options Chain | 0.25 | 0.45 | 0.15 | 1.00 | 0.15 | 0.41 | 0 | 2 | -0.23 | -0.01 | 16.96 | 15.00 | 8/21/2026 | Yes | 6 | 51 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.20 | 0.30 | 0.15 | 1.00 | 0.15 | 0.41 | 3 | 0 | -0.24 | -0.01 | 10.82 | 10.00 | 8/21/2026 | Yes | 19 | 62 | None | |
| PPL | PPL Corp | Options Chain | 0.50 | 0.80 | 0.15 | 1.00 | 0.15 | 0.25 | 1 | 1 | -0.30 | -0.02 | 36.39 | 35.00 | 8/21/2026 | Yes | 8 | 60 | None |