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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| INTU | Intuit Inc | Options Chain | 12.20 | 16.80 | 3.15 | 5.00 | 0.63 | 0.65 | 12 | 5 | -0.30 | -0.26 | 274.96 | 265.00 | 8/28/2026 | Yes | 13 | 61 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.65 | 12.55 | 1.97 | 5.00 | 0.39 | 0.41 | 16 | 12 | -0.29 | -0.22 | 385.35 | 365.00 | 8/28/2026 | Yes | 15 | 72 | None | |
| ORCL | Oracle Corp | Options Chain | 5.25 | 6.75 | 1.82 | 5.00 | 0.36 | 0.63 | 67 | 108 | -0.28 | -0.13 | 140.64 | 120.00 | 8/28/2026 | No | 10 | 67 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.55 | 2.10 | 0.35 | 1.00 | 0.35 | 0.58 | 0 | 1 | -0.29 | -0.03 | 43.67 | 39.00 | 8/28/2026 | Yes | 13 | 55 | None | |
| GLW | Corning Inc | Options Chain | 10.60 | 13.00 | 1.67 | 5.00 | 0.33 | 0.90 | 6 | 4 | -0.27 | -0.23 | 190.89 | 160.00 | 8/28/2026 | Yes | 8 | 52 | None | |
| HPQ | HP Inc | Options Chain | 0.69 | 1.21 | 0.16 | 0.50 | 0.32 | 0.51 | 0 | 2 | -0.30 | -0.02 | 24.22 | 23.00 | 8/28/2026 | Yes | 12 | 45 | None | |
| WMT | Walmart Inc | Options Chain | 1.88 | 2.77 | 0.31 | 1.00 | 0.31 | 0.30 | 3 | 6 | -0.29 | -0.05 | 114.00 | 109.00 | 8/28/2026 | Yes | 10 | 59 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 14.70 | 17.15 | 1.50 | 5.00 | 0.30 | 0.52 | 9 | 1 | -0.29 | -0.33 | 435.80 | 390.00 | 8/28/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| KO | Coca-Cola Company | Options Chain | 1.00 | 1.39 | 0.30 | 1.00 | 0.30 | 0.23 | 4 | 11 | -0.27 | -0.03 | 83.49 | 81.00 | 8/28/2026 | Yes | 11 | 67 | None | |
| LOW | Lowe`s Cos. Inc | Options Chain | 3.90 | 5.10 | 1.40 | 5.00 | 0.28 | 0.34 | 5 | 20 | -0.28 | -0.09 | 211.84 | 195.00 | 8/28/2026 | Yes | 10 | 65 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 2.15 | 2.50 | 1.30 | 5.00 | 0.26 | 0.48 | 621 | 115 | -0.30 | -0.05 | 75.39 | 70.00 | 8/21/2026 | Yes | 12 | 56 | None | |
| NVO | Novo Nordisk | Options Chain | 1.02 | 1.52 | 0.26 | 1.00 | 0.26 | 0.43 | 0 | 1 | -0.26 | -0.02 | 49.48 | 45.00 | 8/28/2026 | Yes | 17 | 60 | None | |
| VST | Vistra Corp | Options Chain | 6.00 | 7.15 | 1.28 | 5.00 | 0.26 | 0.57 | 0 | 3 | -0.29 | -0.13 | 158.12 | 145.00 | 8/28/2026 | Yes | 6 | 56 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.25 | 1.80 | 0.60 | 2.50 | 0.24 | 0.54 | 3 | 72 | -0.23 | -0.05 | 56.35 | 52.50 | 8/21/2026 | Yes | 7 | 55 | None | |
| GPN | Global Payments Inc | Options Chain | 1.70 | 2.20 | 0.60 | 2.50 | 0.24 | 0.49 | 1 | 2 | -0.25 | -0.06 | 76.04 | 70.00 | 8/21/2026 | Yes | 10 | 62 | None | |
| T | AT&T Inc | Options Chain | 0.46 | 0.61 | 0.12 | 0.50 | 0.24 | 0.34 | 1 | 4 | -0.30 | -0.01 | 21.13 | 20.50 | 8/28/2026 | Yes | 13 | 70 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 4.20 | 6.90 | 2.37 | 10.00 | 0.24 | 0.42 | 8 | 10 | -0.22 | -0.17 | 283.74 | 270.00 | 8/21/2026 | Yes | 12 | 59 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.50 | 7.30 | 1.17 | 5.00 | 0.23 | 0.25 | 16 | 2 | -0.29 | -0.14 | 336.47 | 320.00 | 8/28/2026 | Yes | 11 | 77 | None | |
| KEY | Keycorp | Options Chain | 0.35 | 0.50 | 0.23 | 1.00 | 0.23 | 0.31 | 10 | 0 | -0.27 | -0.01 | 23.30 | 22.00 | 8/21/2026 | Yes | 10 | 59 | None | |
| HD | Home Depot Inc | Options Chain | 5.25 | 8.25 | 1.12 | 5.00 | 0.22 | 0.31 | 1 | 2 | -0.28 | -0.17 | 343.30 | 320.00 | 8/28/2026 | Yes | 8 | 69 | None | |
| QCOM | Qualcomm Inc | Options Chain | 7.40 | 10.45 | 1.10 | 5.00 | 0.22 | 0.69 | 3 | 6 | -0.28 | -0.18 | 189.16 | 165.00 | 8/28/2026 | Yes | 11 | 64 | None | |
| TTE | TotalEnergies SE | Options Chain | 1.05 | 1.30 | 0.55 | 2.50 | 0.22 | 0.28 | 5 | 7 | -0.26 | -0.04 | 79.00 | 77.50 | 8/21/2026 | Yes | 15 | 62 | None | |
| QSR | Restaurant Brands International Inc | Options Chain | 1.20 | 1.60 | 0.55 | 2.50 | 0.22 | 0.29 | 2 | 2 | -0.29 | -0.04 | 75.26 | 72.50 | 8/21/2026 | Yes | 8 | 62 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.35 | 0.55 | 0.22 | 1.00 | 0.22 | 0.45 | 0 | 3 | -0.24 | -0.01 | 19.15 | 18.00 | 8/21/2026 | Yes | 9 | 60 | None | |
| KR | Kroger Company | Options Chain | 0.96 | 1.25 | 0.22 | 1.00 | 0.22 | 0.30 | 10 | 0 | -0.28 | -0.02 | 60.25 | 56.00 | 8/28/2026 | No | 10 | 55 | None | |
| FOXA | Fox Corporation - Class A | Options Chain | 0.85 | 2.00 | 1.05 | 5.00 | 0.21 | 0.50 | 33 | 0 | -0.20 | -0.02 | 55.75 | 50.00 | 8/21/2026 | Yes | 11 | 56 | None | |
| V | Visa Inc - Class A | Options Chain | 4.35 | 6.60 | 1.00 | 5.00 | 0.20 | 0.26 | 2 | 2 | -0.26 | -0.15 | 349.13 | 340.00 | 8/28/2026 | Yes | 11 | 70 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.31 | 0.42 | 0.20 | 1.00 | 0.20 | 0.26 | 4 | 0 | -0.21 | -0.01 | 32.12 | 30.00 | 8/28/2026 | Yes | 11 | 66 | None | |
| PPL | PPL Corp | Options Chain | 0.30 | 0.65 | 0.20 | 1.00 | 0.20 | 0.28 | 2 | 2 | -0.23 | -0.02 | 35.78 | 34.00 | 8/21/2026 | Yes | 9 | 67 | None | |
| MET | Metlife Inc | Options Chain | 1.20 | 1.50 | 0.47 | 2.50 | 0.19 | 0.28 | 1 | 496 | -0.26 | -0.03 | 91.65 | 87.50 | 8/21/2026 | Yes | 18 | 71 | None | |
| GIS | General Mills Inc | Options Chain | 0.60 | 0.70 | 0.45 | 2.50 | 0.18 | 0.30 | 148 | 67 | -0.28 | -0.02 | 36.22 | 35.00 | 8/21/2026 | No | 5 | 53 | None | |
| RF | Regions Financial Corp | Options Chain | 0.35 | 0.60 | 0.18 | 1.00 | 0.18 | 0.33 | 0 | 1 | -0.23 | -0.02 | 31.02 | 29.00 | 8/21/2026 | Yes | 17 | 70 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.60 | 0.78 | 0.17 | 1.00 | 0.17 | 0.30 | 1 | 8 | -0.24 | -0.02 | 42.15 | 40.00 | 8/28/2026 | Yes | 10 | 64 | None | |
| MKC | McCormick & Co. Inc (Non Voting) | Options Chain | 1.00 | 1.15 | 0.83 | 5.00 | 0.17 | 0.38 | 151 | 35 | -0.25 | -0.03 | 52.45 | 50.00 | 8/21/2026 | No | 7 | 56 | None | |
| GFI | Gold Fields Ltd | Options Chain | 0.85 | 1.00 | 0.80 | 5.00 | 0.16 | 0.56 | 1233 | 1 | -0.23 | -0.03 | 34.14 | 30.00 | 8/21/2026 | No | 15 | 65 | None | |
| OKE | Oneok Inc | Options Chain | 1.25 | 1.45 | 0.77 | 5.00 | 0.15 | 0.32 | 81 | 164 | -0.21 | -0.03 | 89.92 | 85.00 | 8/21/2026 | Yes | 10 | 66 | None | |
| MS | Morgan Stanley | Options Chain | 4.10 | 5.90 | 0.77 | 5.00 | 0.15 | 0.38 | 0 | 4 | -0.27 | -0.11 | 222.28 | 205.00 | 8/28/2026 | Yes | 10 | 67 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.20 | 0.60 | 0.15 | 1.00 | 0.15 | 0.36 | 0 | 5 | -0.09 | -0.02 | 57.22 | 50.00 | 8/21/2026 | Yes | 7 | 61 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.25 | 0.35 | 0.15 | 1.00 | 0.15 | 0.30 | 22 | 1 | -0.27 | -0.01 | 17.95 | 17.00 | 8/21/2026 | Yes | 12 | 66 | None |