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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMKR | AMKOR Technology Inc | Options Chain | 2.00 | 2.35 | 0.55 | 1.00 | 0.55 | 0.69 | 215 | 7 | -0.25 | -0.05 | 56.17 | 50.00 | 3/20/2026 | No | 13 | 51 | None | |
| AMAT | Applied Materials Inc | Options Chain | 13.85 | 16.10 | 1.95 | 5.00 | 0.39 | 0.58 | 11 | 14 | -0.30 | -0.29 | 339.88 | 315.00 | 3/27/2026 | Yes | 11 | 62 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.56 | 0.63 | 0.37 | 1.00 | 0.37 | 0.21 | 356 | 173 | -0.27 | -0.02 | 48.97 | 47.00 | 3/27/2026 | No | 8 | 62 | None | |
| NVO | Novo Nordisk | Options Chain | 1.23 | 1.56 | 0.37 | 1.00 | 0.37 | 0.46 | 73 | 11 | -0.28 | -0.03 | 48.74 | 45.00 | 3/27/2026 | No | 12 | 50 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.62 | 3.20 | 0.34 | 1.00 | 0.34 | 0.28 | 112 | 0 | -0.29 | -0.05 | 155.56 | 148.00 | 3/27/2026 | No | 10 | 73 | None | |
| HUM | Humana Inc | Options Chain | 4.20 | 6.30 | 1.70 | 5.00 | 0.34 | 0.49 | 0 | 1 | -0.27 | -0.11 | 175.40 | 160.00 | 3/27/2026 | Yes | 14 | 64 | None | |
| AVGO | Broadcom Inc | Options Chain | 14.05 | 15.70 | 1.68 | 5.00 | 0.34 | 0.59 | 0 | 155 | -0.30 | -0.29 | 342.76 | 315.00 | 3/27/2026 | Yes | 12 | 67 | None | |
| T | AT&T Inc | Options Chain | 0.41 | 0.62 | 0.16 | 0.50 | 0.32 | 0.25 | 0 | 4 | -0.30 | -0.01 | 27.41 | 27.50 | 3/27/2026 | No | 9 | 58 | None | |
| INTU | Intuit Inc | Options Chain | 16.00 | 18.00 | 3.15 | 10.00 | 0.32 | 0.64 | 1 | 1 | -0.28 | -0.35 | 423.00 | 360.00 | 3/27/2026 | Yes | 13 | 69 | None | |
| VTRS | Viatris Inc | Options Chain | 0.25 | 0.75 | 0.30 | 1.00 | 0.30 | 0.51 | 115 | 15 | -0.30 | -0.01 | 16.13 | 15.00 | 3/20/2026 | Yes | 5 | 51 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 2.80 | 4.60 | 1.47 | 5.00 | 0.29 | 0.33 | 1 | 110 | -0.24 | -0.08 | 209.54 | 195.00 | 3/27/2026 | Yes | 10 | 67 | None | |
| ORCL | Oracle Corp | Options Chain | 6.40 | 7.30 | 1.40 | 5.00 | 0.28 | 0.69 | 8 | 31 | -0.27 | -0.15 | 157.16 | 140.00 | 3/27/2026 | Yes | 7 | 61 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 4.40 | 4.60 | 1.40 | 5.00 | 0.28 | 0.47 | 339 | 61 | -0.30 | -0.11 | 144.50 | 135.00 | 3/20/2026 | No | 11 | 60 | None | |
| CAT | Caterpillar Inc | Options Chain | 21.00 | 24.25 | 1.40 | 5.00 | 0.28 | 0.41 | 1 | 8 | -0.30 | -0.48 | 775.00 | 730.00 | 3/27/2026 | No | 8 | 64 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.10 | 6.55 | 1.35 | 5.00 | 0.27 | 0.31 | 3 | 23 | -0.26 | -0.15 | 318.40 | 295.00 | 3/27/2026 | No | 8 | 78 | None | |
| GM | General Motors Company | Options Chain | 1.42 | 1.68 | 0.27 | 1.00 | 0.27 | 0.32 | 2 | 20 | -0.27 | -0.04 | 79.82 | 75.00 | 3/27/2026 | No | 10 | 60 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.70 | 1.80 | 0.67 | 2.50 | 0.27 | 0.47 | 315 | 45 | -0.29 | -0.03 | 59.47 | 55.00 | 3/20/2026 | No | 8 | 55 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 5.00 | 5.80 | 1.30 | 5.00 | 0.26 | 0.34 | 5 | 5 | -0.25 | -0.10 | 273.20 | 260.00 | 3/27/2026 | No | 12 | 67 | None | |
| MSFT | Microsoft Corporation | Options Chain | 7.80 | 8.05 | 1.30 | 5.00 | 0.26 | 0.29 | 49 | 148 | -0.29 | -0.18 | 414.67 | 385.00 | 3/27/2026 | No | 15 | 72 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.75 | 1.05 | 0.25 | 1.00 | 0.25 | 0.34 | 0 | 1 | -0.26 | -0.02 | 47.24 | 44.00 | 3/27/2026 | Yes | 7 | 58 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.65 | 1.85 | 0.62 | 2.50 | 0.25 | 0.37 | 301 | 80 | -0.27 | -0.03 | 72.34 | 70.00 | 3/20/2026 | Yes | 9 | 56 | None | |
| JCI | Johnson Controls International plc | Options Chain | 2.15 | 3.10 | 1.23 | 5.00 | 0.25 | 0.29 | 574 | 212 | -0.30 | -0.07 | 139.78 | 135.00 | 3/20/2026 | No | 10 | 62 | None | |
| COP | Conoco Phillips | Options Chain | 1.93 | 2.67 | 0.24 | 1.00 | 0.24 | 0.30 | 1 | 10 | -0.27 | -0.03 | 107.75 | 105.00 | 3/27/2026 | No | 7 | 60 | None | |
| BDX | Becton Dickinson & Company | Options Chain | 1.95 | 3.60 | 1.18 | 5.00 | 0.24 | 0.30 | 0 | 1 | -0.25 | -0.06 | 180.62 | 170.00 | 3/20/2026 | No | 10 | 56 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.25 | 2.70 | 0.58 | 2.50 | 0.23 | 0.39 | 12 | 14 | -0.27 | -0.03 | 99.52 | 92.50 | 3/20/2026 | Yes | 12 | 72 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.70 | 1.00 | 0.22 | 1.00 | 0.22 | 0.37 | 11 | 37 | -0.27 | -0.02 | 41.68 | 39.00 | 3/20/2026 | No | 11 | 68 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.71 | 2.11 | 0.22 | 1.00 | 0.22 | 0.34 | 5 | 42 | -0.29 | -0.05 | 85.54 | 81.00 | 3/27/2026 | Yes | 7 | 59 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.80 | 6.65 | 1.03 | 5.00 | 0.21 | 0.36 | 8 | 127 | -0.26 | -0.15 | 272.81 | 255.00 | 3/27/2026 | No | 11 | 71 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.95 | 12.00 | 1.03 | 5.00 | 0.21 | 0.44 | 58 | 12 | -0.30 | -0.25 | 361.35 | 350.00 | 3/27/2026 | No | 22 | 67 |
Dividend Stock List |
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| NXPI | NXP Semiconductors NV | Options Chain | 4.70 | 5.30 | 2.02 | 10.00 | 0.20 | 0.42 | 58 | 33 | -0.24 | -0.16 | 249.75 | 230.00 | 3/20/2026 | No | 9 | 66 | None | |
| QCOM | Qualcomm Inc | Options Chain | 2.12 | 2.70 | 1.01 | 5.00 | 0.20 | 0.35 | 1 | 0 | -0.23 | -0.06 | 141.04 | 130.00 | 3/27/2026 | No | 10 | 65 | None | |
| BCS | Barclays plc | Options Chain | 0.20 | 0.60 | 0.20 | 1.00 | 0.20 | 0.35 | 5 | 7 | -0.23 | -0.01 | 26.39 | 24.00 | 3/20/2026 | Yes | 13 | 47 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.48 | 1.36 | 0.20 | 1.00 | 0.20 | 0.27 | 27 | 2 | -0.25 | -0.03 | 60.53 | 57.00 | 3/27/2026 | No | 11 | 52 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.82 | 2.04 | 0.20 | 1.00 | 0.20 | 0.31 | 5 | 4 | -0.30 | -0.04 | 88.95 | 85.00 | 3/27/2026 | No | 11 | 75 | None | |
| WMT | Walmart Inc | Options Chain | 2.24 | 3.05 | 0.19 | 1.00 | 0.19 | 0.32 | 0 | 2 | -0.28 | -0.06 | 127.00 | 122.00 | 3/27/2026 | Yes | 9 | 57 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.40 | 0.65 | 0.18 | 1.00 | 0.18 | 0.44 | 5 | 2 | -0.22 | -0.01 | 26.44 | 24.00 | 3/20/2026 | No | 7 | 58 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.86 | 1.05 | 0.18 | 1.00 | 0.18 | 0.29 | 7 | 8 | -0.28 | -0.02 | 55.39 | 51.00 | 3/27/2026 | No | 9 | 65 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.15 | 0.60 | 0.18 | 1.00 | 0.18 | 0.38 | 0 | 3 | -0.28 | -0.01 | 16.97 | 16.00 | 3/20/2026 | Yes | 11 | 67 | None | |
| F | Ford Motor Company | Options Chain | 0.20 | 0.32 | 0.09 | 0.50 | 0.18 | 0.30 | 31 | 75 | -0.30 | -0.01 | 13.66 | 13.00 | 3/27/2026 | Yes | 12 | 49 | None | |
| FDX | Fedex Corp | Options Chain | 8.90 | 12.15 | 0.88 | 5.00 | 0.18 | 0.41 | 0 | 3 | -0.30 | -0.22 | 367.16 | 345.00 | 3/27/2026 | Yes | 12 | 72 | None | |
| MCO | Moody`s Corp | Options Chain | 6.70 | 9.30 | 1.75 | 10.00 | 0.17 | 0.41 | 9 | 13 | -0.26 | -0.27 | 412.23 | 380.00 | 3/20/2026 | Yes | 9 | 62 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.30 | 0.40 | 0.17 | 1.00 | 0.17 | 0.33 | 21 | 0 | -0.29 | -0.01 | 18.51 | 17.00 | 3/20/2026 | No | 7 | 57 | None | |
| OKE | Oneok Inc | Options Chain | 1.35 | 1.50 | 0.85 | 5.00 | 0.17 | 0.33 | 542 | 171 | -0.25 | -0.05 | 83.50 | 80.00 | 3/20/2026 | Yes | 14 | 75 | None | |
| IMO | Imperial Oil Ltd | Options Chain | 1.65 | 2.20 | 0.80 | 5.00 | 0.16 | 0.38 | 51 | 1 | -0.22 | -0.06 | 119.61 | 110.00 | 3/20/2026 | No | 12 | 57 | None | |
| FAST | Fastenal Company | Options Chain | 0.45 | 0.75 | 0.20 | 1.25 | 0.16 | 0.25 | 22 | 1 | -0.27 | -0.02 | 47.02 | 45.00 | 3/20/2026 | No | 14 | 53 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.55 | 2.27 | 0.16 | 1.00 | 0.16 | 0.32 | 13 | 101 | -0.28 | -0.04 | 99.64 | 90.00 | 3/27/2026 | No | 10 | 70 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.30 | 0.45 | 0.15 | 1.00 | 0.15 | 0.41 | 355 | 11 | -0.22 | -0.01 | 21.22 | 20.00 | 3/20/2026 | Yes | 15 | 64 | None | |
| RF | Regions Financial Corp | Options Chain | 0.35 | 0.45 | 0.15 | 1.00 | 0.15 | 0.28 | 1830 | 1 | -0.23 | -0.01 | 30.95 | 29.00 | 3/20/2026 | No | 14 | 69 | None |