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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CVE | Cenovus Energy Inc | Options Chain | 0.70 | 1.05 | 0.38 | 1.00 | 0.38 | 0.46 | 214 | 10 | -0.27 | -0.02 | 30.11 | 28.00 | 6/18/2026 | Yes | 13 | 65 | None | |
| ORCL | Oracle Corp | Options Chain | 9.45 | 9.80 | 1.75 | 5.00 | 0.35 | 0.67 | 273 | 200 | -0.30 | -0.19 | 185.35 | 170.00 | 6/18/2026 | Yes | 7 | 61 | None | |
| DKS | Dicks Sporting Goods Inc | Options Chain | 7.20 | 7.70 | 1.60 | 5.00 | 0.32 | 0.50 | 3 | 0 | -0.29 | -0.15 | 217.96 | 200.00 | 6/18/2026 | Yes | 8 | 61 | None | |
| MCHP | Microchip Technology Inc | Options Chain | 3.60 | 4.30 | 0.80 | 2.50 | 0.32 | 0.57 | 4 | 4 | -0.29 | -0.07 | 95.04 | 90.00 | 6/18/2026 | Yes | 3 | 58 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 23.95 | 26.00 | 3.10 | 10.00 | 0.31 | 0.35 | 119 | 58 | -0.30 | -0.52 | 966.44 | 940.00 | 6/18/2026 | No | 14 | 69 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 8.70 | 9.50 | 1.52 | 5.00 | 0.30 | 0.64 | 97 | 85 | -0.27 | -0.20 | 211.60 | 195.00 | 6/18/2026 | Yes | 15 | 60 | None | |
| EBAY | EBay Inc | Options Chain | 2.15 | 2.69 | 0.76 | 2.50 | 0.30 | 0.39 | 27 | 65 | -0.26 | -0.06 | 108.36 | 97.50 | 6/18/2026 | Yes | 7 | 58 | None | |
| PRU | Prudential Financial Inc | Options Chain | 1.85 | 2.65 | 0.75 | 2.50 | 0.30 | 0.30 | 13 | 4 | -0.30 | -0.03 | 97.69 | 95.00 | 6/18/2026 | Yes | 14 | 65 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.45 | 12.80 | 2.98 | 10.00 | 0.30 | 0.44 | 360 | 602 | -0.30 | -0.26 | 394.41 | 370.00 | 6/18/2026 | No | 20 | 61 |
Dividend Stock List |
|
| QCOM | Qualcomm Inc | Options Chain | 5.50 | 6.00 | 1.42 | 5.00 | 0.28 | 0.50 | 754 | 1206 | -0.27 | -0.11 | 167.31 | 170.00 | 6/18/2026 | No | 11 | 63 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.90 | 1.05 | 0.28 | 1.00 | 0.28 | 0.33 | 0 | 1 | -0.28 | -0.02 | 43.48 | 41.00 | 6/18/2026 | No | 14 | 71 | None | |
| HD | Home Depot Inc | Options Chain | 6.70 | 7.05 | 1.35 | 5.00 | 0.27 | 0.36 | 24 | 45 | -0.28 | -0.15 | 312.49 | 295.00 | 6/18/2026 | Yes | 6 | 60 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.50 | 0.80 | 0.27 | 1.00 | 0.27 | 0.42 | 3 | 1 | -0.30 | -0.01 | 22.60 | 21.00 | 6/18/2026 | Yes | 8 | 58 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.23 | 1.42 | 0.67 | 2.50 | 0.27 | 0.40 | 87 | 193 | -0.29 | -0.03 | 51.44 | 47.50 | 6/18/2026 | Yes | 7 | 53 | None | |
| GLW | Corning Inc | Options Chain | 6.90 | 7.85 | 1.33 | 5.00 | 0.27 | 0.69 | 77 | 124 | -0.27 | -0.16 | 159.72 | 145.00 | 6/18/2026 | No | 9 | 57 | None | |
| BWA | BorgWarner Inc | Options Chain | 1.65 | 2.10 | 0.65 | 2.50 | 0.26 | 0.51 | 10 | 5 | -0.27 | -0.04 | 56.91 | 52.50 | 6/18/2026 | Yes | 10 | 58 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.88 | 1.01 | 0.26 | 1.00 | 0.26 | 0.55 | 4 | 21 | -0.26 | -0.02 | 28.72 | 27.00 | 6/18/2026 | Yes | 7 | 52 | None | |
| HPQ | HP Inc | Options Chain | 0.65 | 0.70 | 0.26 | 1.00 | 0.26 | 0.54 | 13 | 24 | -0.26 | -0.01 | 20.82 | 19.00 | 6/18/2026 | Yes | 13 | 52 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.28 | 0.69 | 0.26 | 1.00 | 0.26 | 0.21 | 0 | 15 | -0.27 | -0.01 | 38.60 | 37.00 | 6/18/2026 | No | 9 | 59 | None | |
| DOW | Dow Inc | Options Chain | 1.30 | 1.40 | 0.64 | 2.50 | 0.26 | 0.49 | 35 | 28 | -0.29 | -0.02 | 40.60 | 37.50 | 6/18/2026 | No | 6 | 47 | None | |
| GE | General Electric Company | Options Chain | 7.20 | 7.50 | 2.55 | 10.00 | 0.26 | 0.38 | 71 | 36 | -0.29 | -0.16 | 280.15 | 270.00 | 6/18/2026 | No | 9 | 60 | None | |
| NYT | New York Times Co. - Class A | Options Chain | 1.65 | 2.40 | 0.63 | 2.50 | 0.25 | 0.41 | 4 | 1 | -0.27 | -0.05 | 77.85 | 72.50 | 6/18/2026 | Yes | 13 | 59 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 4.50 | 5.90 | 1.25 | 5.00 | 0.25 | 0.37 | 28 | 38 | -0.30 | -0.11 | 211.00 | 195.00 | 6/18/2026 | Yes | 9 | 63 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.60 | 1.74 | 0.61 | 2.50 | 0.24 | 0.30 | 214 | 89 | -0.27 | -0.04 | 91.60 | 87.50 | 6/18/2026 | No | 14 | 69 | None | |
| ETN | Eaton Corporation plc | Options Chain | 7.90 | 8.80 | 2.40 | 10.00 | 0.24 | 0.38 | 122 | 47 | -0.24 | -0.21 | 422.42 | 380.00 | 6/18/2026 | Yes | 12 | 67 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 5.80 | 6.60 | 2.40 | 10.00 | 0.24 | 0.41 | 27 | 27 | -0.26 | -0.15 | 253.00 | 240.00 | 6/18/2026 | Yes | 11 | 64 | None | |
| V | Visa Inc - Class A | Options Chain | 4.35 | 5.00 | 1.20 | 5.00 | 0.24 | 0.23 | 51 | 251 | -0.28 | -0.12 | 322.03 | 310.00 | 6/18/2026 | No | 11 | 71 | None | |
| SHEL | Shell Plc ADR (Representing - ) | Options Chain | 1.70 | 1.80 | 0.60 | 2.50 | 0.24 | 0.29 | 948 | 1 | -0.29 | -0.03 | 89.71 | 85.00 | 6/18/2026 | Yes | 18 | 73 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.75 | 2.05 | 0.60 | 2.50 | 0.24 | 0.35 | 14 | 35 | -0.29 | -0.05 | 77.87 | 75.00 | 6/18/2026 | No | 10 | 57 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 3.70 | 4.00 | 1.17 | 5.00 | 0.23 | 0.48 | 80 | 1263 | -0.25 | -0.10 | 136.69 | 125.00 | 6/18/2026 | No | 12 | 60 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.40 | 1.58 | 0.58 | 2.50 | 0.23 | 0.41 | 279 | 487 | -0.28 | -0.04 | 59.34 | 55.00 | 6/18/2026 | Yes | 7 | 51 | None | |
| RRC | Range Resources Corp | Options Chain | 0.75 | 0.90 | 0.23 | 1.00 | 0.23 | 0.36 | 11 | 0 | -0.25 | -0.02 | 43.04 | 40.00 | 6/18/2026 | No | 12 | 54 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.55 | 0.70 | 0.23 | 1.00 | 0.23 | 0.37 | 0 | 1 | -0.28 | -0.01 | 25.93 | 25.00 | 6/18/2026 | No | 8 | 58 | None | |
| A | Agilent Technologies Inc | Options Chain | 2.45 | 3.20 | 1.15 | 5.00 | 0.23 | 0.39 | 19 | 0 | -0.27 | -0.07 | 117.53 | 110.00 | 6/18/2026 | Yes | 13 | 61 | None | |
| GPN | Global Payments Inc | Options Chain | 1.85 | 2.25 | 0.57 | 2.50 | 0.23 | 0.54 | 7 | 7 | -0.24 | -0.05 | 72.30 | 62.50 | 6/18/2026 | Yes | 11 | 66 | None | |
| APA | APA Corporation | Options Chain | 1.16 | 1.36 | 0.57 | 2.50 | 0.23 | 0.53 | 4 | 5 | -0.26 | -0.03 | 42.09 | 37.50 | 6/18/2026 | Yes | 12 | 67 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.40 | 4.80 | 1.12 | 5.00 | 0.22 | 0.26 | 67 | 61 | -0.26 | -0.13 | 307.94 | 295.00 | 6/18/2026 | No | 11 | 79 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.76 | 1.91 | 0.56 | 2.50 | 0.22 | 0.45 | 671 | 58 | -0.26 | -0.04 | 68.63 | 65.00 | 6/18/2026 | No | 17 | 66 | None | |
| CTRA | Coterra Energy Inc | Options Chain | 0.75 | 1.05 | 0.22 | 1.00 | 0.22 | 0.41 | 0 | 1 | -0.27 | -0.02 | 36.15 | 33.00 | 6/18/2026 | Yes | 15 | 67 | None | |
| ING | ING Groep N.V. | Options Chain | 0.60 | 0.70 | 0.22 | 1.00 | 0.22 | 0.33 | 0 | 1 | -0.29 | -0.01 | 28.05 | 27.00 | 6/18/2026 | No | 13 | 63 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.62 | 0.80 | 0.22 | 1.00 | 0.22 | 0.21 | 181 | 494 | -0.30 | -0.02 | 47.34 | 46.00 | 6/18/2026 | No | 12 | 73 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.60 | 2.79 | 1.08 | 5.00 | 0.22 | 0.31 | 92 | 139 | -0.26 | -0.06 | 153.93 | 145.00 | 6/18/2026 | No | 11 | 70 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 6.80 | 7.90 | 2.15 | 10.00 | 0.21 | 0.43 | 16 | 14 | -0.26 | -0.20 | 290.24 | 270.00 | 6/18/2026 | No | 10 | 63 | None | |
| JCI | Johnson Controls International plc | Options Chain | 2.80 | 4.20 | 1.07 | 5.00 | 0.21 | 0.39 | 900 | 2 | -0.27 | -0.08 | 146.21 | 135.00 | 6/18/2026 | Yes | 9 | 60 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.81 | 1.99 | 0.53 | 2.50 | 0.21 | 0.37 | 144 | 95 | -0.24 | -0.05 | 92.63 | 87.50 | 6/18/2026 | Yes | 8 | 60 | None | |
| APO | Apollo Global Management Inc | Options Chain | 3.20 | 3.60 | 1.05 | 5.00 | 0.21 | 0.43 | 33 | 10 | -0.27 | -0.07 | 130.30 | 120.00 | 6/18/2026 | Yes | 13 | 65 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.79 | 1.95 | 1.05 | 5.00 | 0.21 | 0.20 | 249 | 191 | -0.28 | -0.05 | 144.90 | 140.00 | 6/18/2026 | No | 8 | 65 | None | |
| C | Citigroup Inc | Options Chain | 2.35 | 2.54 | 1.01 | 5.00 | 0.20 | 0.34 | 129 | 68 | -0.25 | -0.06 | 125.63 | 120.00 | 6/18/2026 | No | 14 | 77 | None | |
| CDW | CDW Corp | Options Chain | 2.00 | 4.00 | 1.00 | 5.00 | 0.20 | 0.43 | 11 | 9 | -0.23 | -0.08 | 135.30 | 125.00 | 6/18/2026 | Yes | 11 | 50 | None | |
| EHC | Encompass Health Corp | Options Chain | 2.15 | 2.55 | 1.00 | 5.00 | 0.20 | 0.32 | 0 | 1 | -0.30 | -0.06 | 106.64 | 100.00 | 6/18/2026 | No | 9 | 57 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.20 | 1.38 | 0.50 | 2.50 | 0.20 | 0.29 | 94 | 34 | -0.25 | -0.03 | 79.89 | 75.00 | 6/18/2026 | No | 10 | 65 | None | |
| RF | Regions Financial Corp | Options Chain | 0.35 | 0.60 | 0.20 | 1.00 | 0.20 | 0.32 | 1 | 10 | -0.23 | -0.01 | 27.66 | 26.00 | 6/18/2026 | No | 17 | 70 | None | |
| BCS | Barclays plc | Options Chain | 0.50 | 0.60 | 0.20 | 1.00 | 0.20 | 0.43 | 2 | 0 | -0.26 | -0.01 | 23.02 | 21.00 | 6/18/2026 | No | 18 | 68 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.43 | 0.51 | 0.20 | 1.00 | 0.20 | 0.24 | 24 | 55 | -0.28 | -0.01 | 32.54 | 31.00 | 6/18/2026 | No | 10 | 60 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 4.95 | 5.50 | 1.88 | 10.00 | 0.19 | 0.30 | 172 | 250 | -0.23 | -0.14 | 370.20 | 340.00 | 6/18/2026 | No | 11 | 64 | None | |
| AEP | American Electric Power Company Inc | Options Chain | 1.60 | 2.10 | 0.90 | 5.00 | 0.18 | 0.24 | 39 | 328 | -0.27 | -0.04 | 137.04 | 130.00 | 6/18/2026 | Yes | 7 | 67 | None | |
| F | Ford Motor Company | Options Chain | 0.25 | 0.26 | 0.18 | 1.00 | 0.18 | 0.31 | 722 | 165 | -0.28 | 0.00 | 11.51 | 11.00 | 6/18/2026 | Yes | 7 | 50 | None | |
| T | AT&T Inc | Options Chain | 0.36 | 0.44 | 0.18 | 1.00 | 0.18 | 0.23 | 124 | 173 | -0.29 | -0.01 | 25.90 | 25.00 | 6/18/2026 | No | 8 | 57 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.35 | 1.55 | 0.87 | 5.00 | 0.17 | 0.55 | 4 | 13 | -0.24 | -0.04 | 51.11 | 45.00 | 6/18/2026 | Yes | 14 | 55 | None | |
| LUV | Southwest Airlines Company | Options Chain | 0.90 | 1.02 | 0.43 | 2.50 | 0.17 | 0.52 | 534 | 62 | -0.23 | -0.03 | 38.24 | 35.00 | 6/18/2026 | No | 10 | 56 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.40 | 0.50 | 0.17 | 1.00 | 0.17 | 0.30 | 309 | 6067 | -0.25 | -0.01 | 27.10 | 25.00 | 6/18/2026 | No | 14 | 62 | None | |
| GIS | General Mills Inc | Options Chain | 0.55 | 0.65 | 0.40 | 2.50 | 0.16 | 0.32 | 150 | 37 | -0.24 | -0.02 | 34.46 | 32.50 | 6/18/2026 | No | 10 | 61 | None | |
| KO | Coca-Cola Company | Options Chain | 0.75 | 0.84 | 0.39 | 2.50 | 0.16 | 0.20 | 211 | 158 | -0.25 | -0.02 | 78.32 | 75.00 | 6/18/2026 | No | 8 | 63 | None | |
| WMT | Walmart Inc | Options Chain | 1.67 | 1.77 | 0.77 | 5.00 | 0.15 | 0.32 | 296 | 711 | -0.20 | -0.05 | 130.37 | 120.00 | 6/18/2026 | Yes | 7 | 56 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 0.95 | 1.02 | 0.46 | 3.00 | 0.15 | 0.50 | 2180 | 103 | -0.17 | -0.04 | 55.70 | 50.00 | 6/18/2026 | No | 14 | 63 | None | |
| PEP | PepsiCo Inc | Options Chain | 1.41 | 1.65 | 0.75 | 5.00 | 0.15 | 0.25 | 118 | 2058 | -0.20 | -0.04 | 154.53 | 145.00 | 6/18/2026 | No | 8 | 54 | None | |
| SAN | Banco Santander S.A. | Options Chain | 0.00 | 0.50 | 0.15 | 1.00 | 0.15 | 0.58 | 1 | 9 | -0.21 | -0.01 | 11.88 | 11.00 | 6/18/2026 | No | 14 | 55 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.70 | 1.20 | 0.15 | 1.00 | 0.15 | 0.29 | 1 | 8 | -0.29 | -0.02 | 49.39 | 48.00 | 6/18/2026 | No | 10 | 68 | None |