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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CMCSA | Comcast Corp - Class A | Options Chain | 0.26 | 1.24 | 0.61 | 1.00 | 0.61 | 0.40 | 4 | 64 | -0.24 | -0.01 | 25.65 | 24.00 | 9/25/2026 | No | 14 | 60 | None | |
| GM | General Motors Company | Options Chain | 1.55 | 2.60 | 0.50 | 1.00 | 0.50 | 0.35 | 0 | 34 | -0.29 | -0.05 | 89.35 | 84.00 | 9/25/2026 | No | 9 | 59 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.82 | 3.40 | 0.49 | 1.00 | 0.49 | 0.28 | 26 | 0 | -0.25 | -0.05 | 159.80 | 150.00 | 9/25/2026 | No | 13 | 72 | None | |
| MO | Altria Group Inc | Options Chain | 0.90 | 1.55 | 0.48 | 1.00 | 0.48 | 0.25 | 0 | 1 | -0.28 | -0.01 | 65.54 | 62.00 | 9/25/2026 | No | 8 | 57 | None | |
| AVGO | Broadcom Inc | Options Chain | 13.05 | 15.15 | 2.25 | 5.00 | 0.45 | 0.49 | 2 | 31 | -0.29 | -0.29 | 422.34 | 385.00 | 9/25/2026 | Yes | 10 | 62 | None | |
| GLW | Corning Inc | Options Chain | 7.95 | 9.90 | 2.23 | 5.00 | 0.45 | 0.72 | 1 | 15 | -0.30 | -0.16 | 157.53 | 145.00 | 9/25/2026 | No | 8 | 52 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.01 | 0.87 | 0.22 | 0.50 | 0.44 | 0.27 | 1 | 5 | -0.25 | -0.01 | 24.93 | 23.00 | 9/25/2026 | No | 7 | 58 | None | |
| MDT | Medtronic Plc | Options Chain | 1.47 | 2.28 | 0.42 | 1.00 | 0.42 | 0.30 | 0 | 2 | -0.30 | -0.04 | 89.41 | 86.00 | 9/25/2026 | Yes | 12 | 65 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.55 | 1.78 | 0.36 | 1.00 | 0.36 | 0.27 | 5 | 6 | -0.28 | -0.03 | 63.61 | 61.00 | 9/25/2026 | No | 16 | 70 | None | |
| T | AT&T Inc | Options Chain | 0.13 | 0.61 | 0.18 | 0.50 | 0.36 | 0.23 | 0 | 4 | -0.27 | -0.01 | 24.50 | 23.50 | 9/25/2026 | No | 15 | 69 | None | |
| COP | Conoco Phillips | Options Chain | 2.25 | 2.84 | 0.35 | 1.00 | 0.35 | 0.30 | 2 | 0 | -0.28 | -0.04 | 125.92 | 119.00 | 9/25/2026 | No | 13 | 78 | None | |
| APA | APA Corporation | Options Chain | 0.98 | 1.45 | 0.35 | 1.00 | 0.35 | 0.44 | 4 | 0 | -0.28 | -0.03 | 40.62 | 38.00 | 9/25/2026 | No | 14 | 65 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.50 | 5.80 | 1.67 | 5.00 | 0.33 | 0.48 | 18 | 8 | -0.28 | -0.10 | 162.68 | 150.00 | 9/25/2026 | No | 12 | 71 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.75 | 11.05 | 1.65 | 5.00 | 0.33 | 0.38 | 18 | 38 | -0.28 | -0.22 | 422.06 | 395.00 | 9/25/2026 | No | 23 | 65 |
Dividend Stock List |
|
| FCX | Freeport-McMoRan Inc | Options Chain | 1.57 | 2.55 | 0.32 | 1.00 | 0.32 | 0.45 | 0 | 3 | -0.29 | -0.05 | 68.87 | 64.00 | 9/25/2026 | No | 11 | 58 | None | |
| CRM | Salesforce Inc | Options Chain | 5.20 | 6.20 | 1.57 | 5.00 | 0.31 | 0.48 | 20 | 12 | -0.27 | -0.13 | 197.47 | 180.00 | 9/25/2026 | Yes | 15 | 70 | None | |
| DOW | Dow Inc | Options Chain | 0.81 | 1.11 | 0.30 | 1.00 | 0.30 | 0.42 | 18 | 7 | -0.29 | -0.01 | 31.26 | 29.00 | 9/25/2026 | No | 8 | 56 | None | |
| C | Citigroup Inc | Options Chain | 2.26 | 3.05 | 0.29 | 1.00 | 0.29 | 0.28 | 1 | 0 | -0.29 | -0.07 | 135.22 | 130.00 | 9/25/2026 | No | 17 | 78 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.37 | 0.74 | 0.29 | 1.00 | 0.29 | 0.20 | 13 | 0 | -0.30 | -0.02 | 38.12 | 37.00 | 9/25/2026 | No | 12 | 68 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.50 | 2.35 | 0.70 | 2.50 | 0.28 | 0.46 | 10 | 13 | -0.30 | -0.03 | 58.60 | 55.00 | 9/18/2026 | No | 11 | 60 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.00 | 4.95 | 1.29 | 5.00 | 0.26 | 0.23 | 7 | 32 | -0.30 | -0.08 | 261.81 | 250.00 | 9/25/2026 | No | 12 | 72 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 6.30 | 7.60 | 2.55 | 10.00 | 0.26 | 0.40 | 77 | 92 | -0.25 | -0.19 | 320.32 | 310.00 | 9/18/2026 | No | 12 | 60 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.30 | 0.50 | 0.25 | 1.00 | 0.25 | 0.35 | 8 | 0 | -0.25 | -0.01 | 21.46 | 20.00 | 9/18/2026 | No | 7 | 53 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.60 | 5.75 | 1.23 | 5.00 | 0.25 | 0.21 | 8 | 5 | -0.30 | -0.13 | 359.79 | 350.00 | 9/25/2026 | No | 12 | 80 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.71 | 0.87 | 0.24 | 1.00 | 0.24 | 0.35 | 79 | 17 | -0.24 | -0.01 | 42.05 | 38.00 | 9/25/2026 | No | 10 | 51 | None | |
| RF | Regions Financial Corp | Options Chain | 0.30 | 0.65 | 0.23 | 1.00 | 0.23 | 0.26 | 0 | 1 | -0.25 | -0.01 | 31.60 | 30.00 | 9/18/2026 | No | 17 | 69 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.46 | 0.61 | 0.23 | 1.00 | 0.23 | 0.22 | 96 | 76 | -0.28 | -0.02 | 47.27 | 45.00 | 9/25/2026 | No | 10 | 73 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 3.00 | 3.45 | 0.23 | 1.00 | 0.23 | 0.77 | 1 | 0 | -0.30 | -0.06 | 54.38 | 49.00 | 9/25/2026 | Yes | 10 | 54 | None | |
| HD | Home Depot Inc | Options Chain | 5.95 | 7.95 | 1.15 | 5.00 | 0.23 | 0.31 | 1 | 0 | -0.29 | -0.16 | 354.48 | 335.00 | 9/25/2026 | Yes | 7 | 62 | None | |
| F | Ford Motor Company | Options Chain | 0.21 | 0.28 | 0.11 | 0.50 | 0.22 | 0.34 | 7 | 1 | -0.22 | -0.01 | 14.02 | 13.00 | 9/25/2026 | No | 9 | 48 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.95 | 6.90 | 1.08 | 5.00 | 0.22 | 0.36 | 0 | 4 | -0.29 | -0.14 | 238.42 | 225.00 | 9/25/2026 | No | 12 | 73 | None | |
| KO | Coca-Cola Company | Options Chain | 0.67 | 0.95 | 0.21 | 1.00 | 0.21 | 0.18 | 6 | 4 | -0.25 | -0.02 | 86.87 | 83.00 | 9/25/2026 | No | 9 | 61 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.55 | 0.75 | 0.20 | 1.00 | 0.20 | 0.27 | 10 | 8 | -0.26 | -0.02 | 43.95 | 42.00 | 9/18/2026 | No | 11 | 68 | None | |
| AA | Alcoa Corp | Options Chain | 1.34 | 2.45 | 0.19 | 1.00 | 0.19 | 0.50 | 7 | 0 | -0.30 | -0.04 | 54.08 | 50.00 | 9/25/2026 | No | 14 | 52 | None | |
| CVX | Chevron Corp | Options Chain | 2.48 | 3.15 | 0.94 | 5.00 | 0.19 | 0.26 | 4 | 7 | -0.24 | -0.05 | 194.90 | 185.00 | 9/25/2026 | No | 13 | 77 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.70 | 0.90 | 0.47 | 2.50 | 0.19 | 0.24 | 6 | 259 | -0.28 | -0.01 | 51.91 | 50.00 | 9/18/2026 | No | 11 | 67 | None | |
| CLX | Clorox Company | Options Chain | 1.30 | 1.65 | 0.90 | 5.00 | 0.18 | 0.31 | 108 | 279 | -0.19 | -0.02 | 108.25 | 100.00 | 9/18/2026 | No | 10 | 54 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.00 | 1.25 | 0.45 | 2.50 | 0.18 | 0.41 | 138 | 69 | -0.21 | -0.02 | 62.65 | 57.50 | 9/18/2026 | No | 8 | 53 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.69 | 0.90 | 0.18 | 1.00 | 0.18 | 0.21 | 12 | 40 | -0.26 | -0.01 | 64.00 | 61.00 | 9/25/2026 | No | 12 | 74 | None | |
| FAST | Fastenal Company | Options Chain | 0.70 | 1.00 | 0.42 | 2.50 | 0.17 | 0.27 | 45 | 2 | -0.29 | -0.02 | 52.38 | 50.00 | 9/18/2026 | No | 12 | 53 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.10 | 1.30 | 0.82 | 5.00 | 0.16 | 0.35 | 85 | 80 | -0.23 | -0.04 | 75.35 | 70.00 | 9/18/2026 | Yes | 12 | 56 | None | |
| EIX | Edison International | Options Chain | 1.30 | 1.60 | 0.80 | 5.00 | 0.16 | 0.39 | 700 | 99 | -0.26 | -0.04 | 69.89 | 65.00 | 9/18/2026 | No | 9 | 66 | None | |
| BCS | Barclays plc | Options Chain | 0.35 | 0.50 | 0.15 | 1.00 | 0.15 | 0.34 | 1 | 0 | -0.23 | -0.01 | 28.00 | 26.00 | 9/18/2026 | No | 15 | 53 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.20 | 0.45 | 0.15 | 1.00 | 0.15 | 0.25 | 1 | 0 | -0.23 | -0.01 | 25.58 | 24.00 | 9/18/2026 | No | 16 | 70 | None |