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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IBM | International Business Machines Corp | Options Chain | 12.95 | 14.70 | 2.15 | 5.00 | 0.43 | 0.57 | 82 | 194 | -0.29 | -0.26 | 298.20 | 295.00 | 7/17/2026 | No | 10 | 63 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.78 | 4.20 | 0.43 | 1.00 | 0.43 | 0.99 | 12 | 96 | -0.28 | -0.06 | 44.31 | 41.00 | 7/17/2026 | Yes | 6 | 51 | None | |
| CRM | Salesforce Inc | Options Chain | 7.30 | 7.55 | 1.90 | 5.00 | 0.38 | 0.48 | 125 | 274 | -0.30 | -0.14 | 192.92 | 195.00 | 7/17/2026 | No | 15 | 70 | None | |
| BWA | BorgWarner Inc | Options Chain | 2.50 | 3.00 | 0.95 | 2.50 | 0.38 | 0.55 | 5 | 44 | -0.28 | -0.05 | 71.82 | 65.00 | 7/17/2026 | No | 11 | 59 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 27.20 | 29.05 | 3.78 | 10.00 | 0.38 | 0.78 | 118 | 76 | -0.30 | -0.51 | 420.91 | 420.00 | 7/17/2026 | No | 14 | 54 | None | |
| QCOM | Qualcomm Inc | Options Chain | 11.40 | 12.25 | 1.85 | 5.00 | 0.37 | 0.78 | 227 | 294 | -0.27 | -0.22 | 228.99 | 200.00 | 7/17/2026 | No | 11 | 61 | None | |
| NVT | nVent Electric plc | Options Chain | 5.20 | 7.20 | 1.80 | 5.00 | 0.36 | 0.57 | 13 | 2 | -0.26 | -0.14 | 171.55 | 155.00 | 7/17/2026 | No | 7 | 59 | None | |
| AVGO | Broadcom Inc | Options Chain | 18.25 | 19.25 | 3.42 | 10.00 | 0.34 | 0.58 | 630 | 190 | -0.28 | -0.36 | 446.40 | 420.00 | 7/17/2026 | No | 11 | 64 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 24.35 | 30.30 | 3.40 | 10.00 | 0.34 | 0.34 | 27 | 27 | -0.30 | -0.58 | 1,103.63 | 1,030.00 | 7/17/2026 | No | 9 | 65 | None | |
| ACN | Accenture plc - Class A | Options Chain | 7.20 | 8.10 | 1.70 | 5.00 | 0.34 | 0.55 | 89 | 12 | -0.29 | -0.14 | 187.51 | 180.00 | 7/17/2026 | No | 15 | 59 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 5.70 | 6.20 | 1.70 | 5.00 | 0.34 | 0.54 | 52 | 75 | -0.30 | -0.11 | 148.11 | 135.00 | 7/17/2026 | No | 12 | 60 | None | |
| COST | Costco Wholesale Corp | Options Chain | 15.55 | 16.80 | 1.70 | 5.00 | 0.34 | 0.23 | 330 | 16 | -0.30 | -0.36 | 958.09 | 915.00 | 7/17/2026 | No | 15 | 61 | None | |
| ORCL | Oracle Corp | Options Chain | 12.65 | 12.90 | 3.35 | 10.00 | 0.34 | 0.75 | 2154 | 483 | -0.27 | -0.24 | 248.15 | 220.00 | 7/17/2026 | Yes | 9 | 66 | None | |
| MSFT | Microsoft Corporation | Options Chain | 10.75 | 11.45 | 1.67 | 5.00 | 0.33 | 0.32 | 670 | 544 | -0.30 | -0.23 | 449.99 | 440.00 | 7/17/2026 | No | 15 | 72 | None | |
| EQNR | Equinor ASA | Options Chain | 0.85 | 1.30 | 0.33 | 1.00 | 0.33 | 0.39 | 0 | 5 | -0.29 | -0.02 | 35.99 | 35.00 | 7/17/2026 | No | 9 | 50 | None | |
| NTAP | Netapp Inc | Options Chain | 6.20 | 6.70 | 1.65 | 5.00 | 0.33 | 0.52 | 3 | 2 | -0.29 | -0.13 | 179.70 | 165.00 | 7/17/2026 | No | 13 | 65 | None | |
| GLW | Corning Inc | Options Chain | 9.60 | 10.20 | 1.65 | 5.00 | 0.33 | 0.72 | 218 | 84 | -0.30 | -0.18 | 180.53 | 160.00 | 7/17/2026 | No | 8 | 52 | None | |
| NEM | Newmont Corp | Options Chain | 3.20 | 3.35 | 0.82 | 2.50 | 0.33 | 0.46 | 156 | 154 | -0.27 | -0.07 | 108.19 | 100.00 | 7/17/2026 | No | 14 | 64 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.90 | 14.75 | 3.05 | 10.00 | 0.30 | 0.49 | 890 | 591 | -0.27 | -0.28 | 435.63 | 400.00 | 7/17/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| EC | Ecopetrol SA | Options Chain | 0.45 | 0.60 | 0.28 | 1.00 | 0.28 | 0.64 | 109 | 5 | -0.22 | -0.01 | 14.61 | 14.00 | 7/17/2026 | No | 11 | 57 | None | |
| DG | Dollar General Corp | Options Chain | 3.60 | 3.90 | 1.40 | 5.00 | 0.28 | 0.52 | 50 | 54 | -0.27 | -0.07 | 110.61 | 100.00 | 7/17/2026 | No | 16 | 62 | None | |
| COP | Conoco Phillips | Options Chain | 2.77 | 2.94 | 1.39 | 5.00 | 0.28 | 0.34 | 57 | 202 | -0.30 | -0.06 | 114.23 | 110.00 | 7/17/2026 | No | 10 | 75 | None | |
| INTU | Intuit Inc | Options Chain | 11.00 | 13.00 | 2.75 | 10.00 | 0.28 | 0.55 | 64 | 55 | -0.26 | -0.28 | 331.28 | 320.00 | 7/17/2026 | No | 16 | 66 | None | |
| CDW | CDW Corp | Options Chain | 3.90 | 4.80 | 1.37 | 5.00 | 0.27 | 0.47 | 5 | 97 | -0.27 | -0.10 | 125.45 | 130.00 | 7/17/2026 | No | 14 | 58 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.42 | 2.70 | 0.68 | 2.50 | 0.27 | 0.48 | 126 | 89 | -0.28 | -0.06 | 82.48 | 75.00 | 7/17/2026 | No | 14 | 66 | None | |
| MDT | Medtronic Plc | Options Chain | 1.45 | 1.81 | 0.68 | 2.50 | 0.27 | 0.32 | 80 | 8 | -0.29 | -0.03 | 74.19 | 70.00 | 7/17/2026 | Yes | 13 | 70 | None | |
| VST | Vistra Corp | Options Chain | 4.70 | 5.00 | 1.35 | 5.00 | 0.27 | 0.51 | 165 | 62 | -0.26 | -0.10 | 154.76 | 140.00 | 7/17/2026 | No | 9 | 62 | None | |
| MS | Morgan Stanley | Options Chain | 4.75 | 5.00 | 1.35 | 5.00 | 0.27 | 0.34 | 130 | 60 | -0.29 | -0.11 | 211.01 | 200.00 | 7/17/2026 | Yes | 13 | 75 | None | |
| HPQ | HP Inc | Options Chain | 0.86 | 1.13 | 0.27 | 1.00 | 0.27 | 0.58 | 35 | 180 | -0.25 | -0.02 | 27.10 | 26.00 | 7/17/2026 | No | 12 | 59 | None | |
| APA | APA Corporation | Options Chain | 1.26 | 1.42 | 0.67 | 2.50 | 0.27 | 0.50 | 63 | 218 | -0.29 | -0.03 | 36.40 | 35.00 | 7/17/2026 | No | 10 | 55 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.20 | 4.15 | 1.28 | 5.00 | 0.26 | 0.21 | 64 | 94 | -0.28 | -0.07 | 279.40 | 265.00 | 7/17/2026 | No | 12 | 68 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.05 | 8.60 | 2.53 | 10.00 | 0.25 | 0.31 | 63 | 147 | -0.30 | -0.15 | 379.86 | 360.00 | 7/17/2026 | No | 9 | 58 | None | |
| HD | Home Depot Inc | Options Chain | 6.10 | 7.05 | 1.25 | 5.00 | 0.25 | 0.30 | 27 | 90 | -0.30 | -0.12 | 317.89 | 295.00 | 7/17/2026 | No | 8 | 67 | None | |
| CLX | Clorox Company | Options Chain | 2.10 | 2.40 | 1.25 | 5.00 | 0.25 | 0.33 | 138 | 81 | -0.30 | -0.05 | 90.02 | 85.00 | 7/17/2026 | No | 11 | 47 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.65 | 0.85 | 0.25 | 1.00 | 0.25 | 0.43 | 27 | 0 | -0.27 | -0.02 | 27.57 | 26.00 | 7/17/2026 | No | 15 | 66 | None | |
| RF | Regions Financial Corp | Options Chain | 0.50 | 0.80 | 0.25 | 1.00 | 0.25 | 0.33 | 0 | 1 | -0.29 | -0.01 | 27.34 | 26.00 | 7/17/2026 | Yes | 15 | 61 | None | |
| CEG | Constellation Energy Corporation | Options Chain | 6.80 | 7.20 | 2.45 | 10.00 | 0.25 | 0.49 | 197 | 209 | -0.23 | -0.18 | 287.75 | 240.00 | 7/17/2026 | No | 7 | 64 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.57 | 1.72 | 0.60 | 2.50 | 0.24 | 0.34 | 139 | 546 | -0.27 | -0.04 | 77.43 | 72.50 | 7/17/2026 | Yes | 13 | 74 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.55 | 5.20 | 1.18 | 5.00 | 0.24 | 0.28 | 93 | 127 | -0.26 | -0.11 | 299.00 | 280.00 | 7/17/2026 | Yes | 13 | 79 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.09 | 2.21 | 1.16 | 5.00 | 0.23 | 0.54 | 162 | 287 | -0.25 | -0.05 | 65.65 | 60.00 | 7/17/2026 | No | 9 | 58 | None | |
| BCS | Barclays plc | Options Chain | 0.65 | 0.70 | 0.23 | 1.00 | 0.23 | 0.39 | 3459 | 10 | -0.29 | -0.01 | 24.47 | 23.00 | 7/17/2026 | No | 18 | 65 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.53 | 2.68 | 1.14 | 5.00 | 0.23 | 0.31 | 140 | 84 | -0.25 | -0.07 | 149.38 | 140.00 | 7/17/2026 | No | 11 | 71 | None | |
| MO | Altria Group Inc | Options Chain | 0.96 | 1.18 | 0.57 | 2.50 | 0.23 | 0.24 | 81 | 34 | -0.24 | -0.01 | 69.58 | 65.00 | 7/17/2026 | No | 8 | 58 | None | |
| V | Visa Inc - Class A | Options Chain | 4.85 | 5.25 | 1.10 | 5.00 | 0.22 | 0.24 | 192 | 79 | -0.28 | -0.12 | 326.36 | 310.00 | 7/17/2026 | No | 10 | 65 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.60 | 0.66 | 0.22 | 1.00 | 0.22 | 0.24 | 785 | 28 | -0.24 | -0.01 | 47.73 | 45.00 | 7/17/2026 | No | 13 | 73 | None | |
| ING | ING Groep N.V. | Options Chain | 0.45 | 0.65 | 0.22 | 1.00 | 0.22 | 0.31 | 2 | 0 | -0.25 | -0.01 | 30.94 | 29.00 | 7/17/2026 | No | 13 | 63 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.40 | 0.75 | 0.22 | 1.00 | 0.22 | 0.23 | 9 | 16 | -0.29 | -0.02 | 36.83 | 36.00 | 7/17/2026 | No | 9 | 58 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.65 | 1.15 | 0.22 | 1.00 | 0.22 | 0.43 | 3 | 0 | -0.30 | -0.02 | 28.50 | 26.00 | 7/17/2026 | No | 7 | 56 | None | |
| RTX | RTX Corp | Options Chain | 2.59 | 3.10 | 1.09 | 5.00 | 0.22 | 0.29 | 94 | 38 | -0.25 | -0.09 | 174.41 | 165.00 | 7/17/2026 | No | 11 | 63 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.00 | 1.19 | 0.54 | 2.50 | 0.22 | 0.41 | 129 | 105 | -0.26 | -0.02 | 44.55 | 42.50 | 7/17/2026 | No | 7 | 51 | None | |
| WMT | Walmart Inc | Options Chain | 1.92 | 2.03 | 1.06 | 5.00 | 0.21 | 0.25 | 1007 | 693 | -0.29 | -0.05 | 115.75 | 110.00 | 7/17/2026 | No | 9 | 55 | None | |
| GM | General Motors Company | Options Chain | 1.72 | 2.25 | 0.53 | 2.50 | 0.21 | 0.36 | 77 | 52 | -0.29 | -0.05 | 83.24 | 77.50 | 7/17/2026 | No | 9 | 65 | None | |
| TGT | Target Corp | Options Chain | 2.03 | 2.22 | 1.05 | 5.00 | 0.21 | 0.33 | 120 | 93 | -0.23 | -0.06 | 123.71 | 115.00 | 7/17/2026 | No | 9 | 54 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.83 | 0.89 | 0.21 | 1.00 | 0.21 | 0.31 | 102 | 122 | -0.25 | -0.02 | 51.60 | 48.00 | 7/17/2026 | No | 14 | 74 | None | |
| C | Citigroup Inc | Options Chain | 2.54 | 2.78 | 1.04 | 5.00 | 0.21 | 0.36 | 120 | 213 | -0.26 | -0.07 | 125.90 | 120.00 | 7/17/2026 | No | 12 | 69 | None | |
| PG | Procter & Gamble Company | Options Chain | 2.11 | 2.20 | 1.04 | 5.00 | 0.21 | 0.23 | 389 | 180 | -0.29 | -0.05 | 140.28 | 135.00 | 7/17/2026 | No | 12 | 65 | None | |
| HON | Honeywell International Inc | Options Chain | 3.90 | 4.80 | 2.00 | 10.00 | 0.20 | 0.34 | 68 | 23 | -0.27 | -0.13 | 237.88 | 220.00 | 7/17/2026 | No | 8 | 68 | None | |
| F | Ford Motor Company | Options Chain | 0.39 | 0.40 | 0.20 | 1.00 | 0.20 | 0.46 | 993 | 290 | -0.23 | -0.01 | 17.47 | 15.00 | 7/17/2026 | No | 8 | 48 | None | |
| PPL | PPL Corp | Options Chain | 0.40 | 0.70 | 0.20 | 1.00 | 0.20 | 0.24 | 122 | 2 | -0.29 | -0.01 | 34.52 | 33.00 | 7/17/2026 | No | 8 | 60 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.35 | 0.40 | 0.20 | 1.00 | 0.20 | 0.33 | 159 | 20 | -0.30 | -0.01 | 16.36 | 15.00 | 7/17/2026 | No | 9 | 57 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.54 | 0.57 | 0.46 | 2.50 | 0.18 | 0.27 | 82 | 11 | -0.30 | 0.00 | 24.01 | 22.50 | 7/17/2026 | No | 8 | 58 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.05 | 2.30 | 0.45 | 2.50 | 0.18 | 0.38 | 7 | 1 | -0.27 | -0.05 | 88.05 | 85.00 | 7/17/2026 | No | 11 | 25 | None | |
| T | AT&T Inc | Options Chain | 0.30 | 0.35 | 0.18 | 1.00 | 0.18 | 0.26 | 129 | 81 | -0.24 | -0.01 | 24.80 | 23.00 | 7/17/2026 | No | 9 | 58 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.40 | 1.65 | 0.88 | 5.00 | 0.18 | 0.47 | 7 | 8 | -0.23 | -0.04 | 66.96 | 60.00 | 7/17/2026 | No | 7 | 52 | None | |
| TTE | TotalEnergies SE | Options Chain | 1.05 | 1.30 | 0.43 | 2.50 | 0.17 | 0.28 | 5 | 0 | -0.23 | -0.03 | 88.71 | 82.50 | 7/17/2026 | No | 11 | 62 | None | |
| SYF | Synchrony Financial | Options Chain | 1.05 | 1.30 | 0.43 | 2.50 | 0.17 | 0.35 | 21 | 0 | -0.23 | -0.04 | 70.82 | 65.00 | 7/17/2026 | No | 15 | 73 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.33 | 1.49 | 0.43 | 2.50 | 0.17 | 0.32 | 74 | 79 | -0.24 | -0.04 | 87.34 | 82.50 | 7/17/2026 | Yes | 17 | 67 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.34 | 0.41 | 0.17 | 1.00 | 0.17 | 0.26 | 9 | 1 | -0.23 | -0.01 | 31.19 | 29.00 | 7/17/2026 | Yes | 13 | 67 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.35 | 0.45 | 0.17 | 1.00 | 0.17 | 0.38 | 69 | 0 | -0.25 | -0.01 | 19.67 | 18.00 | 7/17/2026 | No | 10 | 60 | None | |
| PEP | PepsiCo Inc | Options Chain | 1.54 | 1.72 | 0.85 | 5.00 | 0.17 | 0.28 | 178 | 47 | -0.19 | -0.03 | 141.52 | 130.00 | 7/17/2026 | Yes | 9 | 56 | None | |
| KO | Coca-Cola Company | Options Chain | 0.78 | 0.90 | 0.42 | 2.50 | 0.17 | 0.20 | 168 | 92 | -0.25 | -0.02 | 79.08 | 75.00 | 7/17/2026 | No | 12 | 69 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.06 | 2.32 | 0.79 | 5.00 | 0.16 | 0.39 | 89 | 174 | -0.22 | -0.06 | 120.42 | 110.00 | 7/17/2026 | No | 10 | 62 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.20 | 0.35 | 0.15 | 1.00 | 0.15 | 0.44 | 3 | 4 | -0.23 | -0.01 | 13.07 | 12.00 | 7/17/2026 | Yes | 15 | 51 | None |