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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HPE | Hewlett Packard Enterprise Company | Options Chain | 3.00 | 3.65 | 0.52 | 1.00 | 0.52 | 0.88 | 7 | 54 | -0.28 | -0.06 | 50.24 | 46.00 | 9/18/2026 | Yes | 8 | 52 | None | |
| GLW | Corning Inc | Options Chain | 8.60 | 9.15 | 1.75 | 5.00 | 0.35 | 0.81 | 45 | 152 | -0.29 | -0.17 | 150.33 | 140.00 | 9/18/2026 | No | 10 | 54 | None | |
| NVO | Novo Nordisk | Options Chain | 1.62 | 1.78 | 0.85 | 2.50 | 0.34 | 0.42 | 128 | 193 | -0.21 | -0.02 | 47.09 | 42.50 | 9/18/2026 | Yes | 17 | 60 | None | |
| VST | Vistra Corp | Options Chain | 6.00 | 6.25 | 1.65 | 5.00 | 0.33 | 0.57 | 561 | 795 | -0.30 | -0.13 | 155.94 | 135.00 | 9/18/2026 | Yes | 6 | 56 | None | |
| ORCL | Oracle Corp | Options Chain | 7.25 | 7.40 | 1.63 | 5.00 | 0.33 | 0.77 | 1476 | 230 | -0.28 | -0.16 | 141.85 | 130.00 | 9/18/2026 | Yes | 9 | 63 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.70 | 6.90 | 1.55 | 5.00 | 0.31 | 0.42 | 46 | 41 | -0.29 | -0.12 | 226.31 | 215.00 | 9/18/2026 | No | 9 | 66 | None | |
| CRM | Salesforce Inc | Options Chain | 6.70 | 7.05 | 1.55 | 5.00 | 0.31 | 0.52 | 275 | 17 | -0.30 | -0.14 | 185.95 | 175.00 | 9/18/2026 | Yes | 15 | 70 | None | |
| HPQ | HP Inc | Options Chain | 0.97 | 1.05 | 0.31 | 1.00 | 0.31 | 0.57 | 24 | 3 | -0.26 | -0.02 | 27.17 | 25.00 | 9/18/2026 | Yes | 12 | 45 | None | |
| GPN | Global Payments Inc | Options Chain | 2.75 | 3.20 | 0.75 | 2.50 | 0.30 | 0.49 | 3 | 0 | -0.29 | -0.06 | 86.19 | 80.00 | 9/18/2026 | Yes | 10 | 57 | None | |
| EIX | Edison International | Options Chain | 1.70 | 2.10 | 0.72 | 2.50 | 0.29 | 0.39 | 254 | 552 | -0.28 | -0.04 | 72.20 | 67.50 | 9/18/2026 | No | 9 | 64 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.75 | 12.10 | 2.75 | 10.00 | 0.28 | 0.48 | 56 | 55 | -0.26 | -0.28 | 406.11 | 380.00 | 9/18/2026 | No | 23 | 65 |
Dividend Stock List |
|
| BHP | BHP Group Ltd | Options Chain | 2.30 | 2.55 | 0.68 | 2.50 | 0.27 | 0.41 | 6 | 0 | -0.28 | -0.04 | 83.50 | 80.00 | 9/18/2026 | Yes | 9 | 57 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.40 | 5.80 | 1.30 | 5.00 | 0.26 | 0.59 | 56 | 1598 | -0.26 | -0.12 | 151.57 | 145.00 | 9/18/2026 | No | 11 | 64 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.95 | 3.10 | 1.30 | 5.00 | 0.26 | 0.30 | 124 | 93 | -0.28 | -0.06 | 155.44 | 145.00 | 9/18/2026 | No | 11 | 72 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 3.40 | 3.65 | 1.30 | 5.00 | 0.26 | 0.48 | 22 | 79 | -0.28 | -0.08 | 115.51 | 110.00 | 9/18/2026 | Yes | 7 | 58 | None | |
| DOW | Dow Inc | Options Chain | 0.91 | 1.03 | 0.61 | 2.50 | 0.24 | 0.47 | 17 | 6 | -0.30 | -0.02 | 30.00 | 27.50 | 9/18/2026 | No | 8 | 56 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.73 | 0.75 | 0.23 | 1.00 | 0.23 | 0.27 | 72 | 177 | -0.25 | -0.02 | 47.36 | 44.00 | 9/18/2026 | No | 9 | 64 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.50 | 1.65 | 0.23 | 1.00 | 0.23 | 0.55 | 30 | 19 | -0.28 | -0.03 | 43.73 | 41.00 | 9/18/2026 | Yes | 19 | 64 | None | |
| APA | APA Corporation | Options Chain | 0.90 | 1.13 | 0.57 | 2.50 | 0.23 | 0.47 | 126 | 0 | -0.24 | -0.02 | 37.16 | 32.50 | 9/18/2026 | Yes | 15 | 62 | None | |
| EQT | EQT Corp | Options Chain | 0.86 | 0.91 | 0.57 | 2.50 | 0.23 | 0.27 | 44 | 8 | -0.28 | -0.02 | 53.56 | 50.00 | 9/18/2026 | No | 11 | 60 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.94 | 2.07 | 1.13 | 5.00 | 0.23 | 0.53 | 230 | 214 | -0.25 | -0.05 | 63.64 | 60.00 | 9/18/2026 | No | 9 | 63 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.42 | 1.47 | 0.56 | 2.50 | 0.22 | 0.26 | 3801 | 487 | -0.29 | -0.03 | 86.45 | 85.00 | 9/18/2026 | No | 15 | 74 | None | |
| C | Citigroup Inc | Options Chain | 2.58 | 2.71 | 1.11 | 5.00 | 0.22 | 0.31 | 158 | 161 | -0.27 | -0.07 | 133.57 | 130.00 | 9/18/2026 | No | 14 | 69 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.70 | 5.05 | 1.10 | 5.00 | 0.22 | 0.23 | 24 | 254 | -0.25 | -0.14 | 352.96 | 345.00 | 9/18/2026 | No | 12 | 80 | None | |
| ITT | ITT Inc | Options Chain | 4.70 | 6.10 | 1.10 | 5.00 | 0.22 | 0.43 | 4012 | 0 | -0.28 | -0.10 | 198.44 | 185.00 | 9/18/2026 | Yes | 10 | 59 | None | |
| RF | Regions Financial Corp | Options Chain | 0.35 | 0.65 | 0.22 | 1.00 | 0.22 | 0.27 | 0 | 3 | -0.26 | -0.01 | 31.48 | 30.00 | 9/18/2026 | No | 17 | 70 | None | |
| PCG | PG&E Corp | Options Chain | 0.51 | 0.55 | 0.22 | 1.00 | 0.22 | 0.49 | 1149 | 106 | -0.27 | -0.01 | 17.26 | 16.00 | 9/18/2026 | No | 13 | 59 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.45 | 4.00 | 1.08 | 5.00 | 0.22 | 0.24 | 89 | 211 | -0.26 | -0.08 | 265.23 | 255.00 | 9/18/2026 | Yes | 9 | 60 | None | |
| SIRI | Sirius XM Holdings Inc | Options Chain | 0.51 | 0.64 | 0.21 | 1.00 | 0.21 | 0.36 | 0 | 2 | -0.24 | -0.01 | 30.37 | 28.00 | 9/18/2026 | No | 11 | 62 | None | |
| T | AT&T Inc | Options Chain | 0.41 | 0.43 | 0.21 | 1.00 | 0.21 | 0.28 | 71 | 59 | -0.28 | -0.01 | 23.59 | 22.00 | 9/18/2026 | No | 15 | 70 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.16 | 1.26 | 0.52 | 2.50 | 0.21 | 0.23 | 26 | 47 | -0.28 | -0.02 | 86.55 | 82.50 | 9/18/2026 | No | 7 | 65 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.65 | 4.05 | 2.07 | 10.00 | 0.21 | 0.26 | 46 | 61 | -0.28 | -0.08 | 254.41 | 240.00 | 9/18/2026 | No | 10 | 72 | None | |
| KO | Coca-Cola Company | Options Chain | 1.07 | 1.16 | 0.51 | 2.50 | 0.20 | 0.22 | 115 | 83 | -0.28 | -0.03 | 86.86 | 82.50 | 9/18/2026 | No | 12 | 67 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.55 | 0.75 | 0.20 | 1.00 | 0.20 | 0.25 | 1 | 0 | -0.22 | -0.01 | 44.51 | 42.00 | 9/18/2026 | Yes | 17 | 66 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.38 | 0.47 | 0.20 | 1.00 | 0.20 | 0.23 | 86 | 7 | -0.28 | -0.01 | 31.25 | 30.00 | 9/18/2026 | No | 11 | 66 | None | |
| KEY | Keycorp | Options Chain | 0.35 | 0.45 | 0.20 | 1.00 | 0.20 | 0.25 | 9 | 0 | -0.29 | -0.01 | 22.81 | 22.00 | 9/18/2026 | No | 10 | 59 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.60 | 0.75 | 0.18 | 1.00 | 0.18 | 0.30 | 0 | 1 | -0.25 | -0.02 | 44.10 | 42.00 | 9/18/2026 | No | 11 | 64 | None | |
| INFY | Infosys Ltd | Options Chain | 0.25 | 0.45 | 0.17 | 1.00 | 0.17 | 0.46 | 1 | 0 | -0.22 | -0.01 | 12.25 | 11.00 | 9/18/2026 | No | 13 | 43 | None | |
| WMT | Walmart Inc | Options Chain | 1.24 | 1.30 | 0.42 | 2.50 | 0.17 | 0.32 | 161 | 59 | -0.18 | -0.04 | 111.20 | 100.00 | 9/18/2026 | Yes | 10 | 59 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.75 | 0.78 | 0.41 | 2.50 | 0.16 | 0.23 | 237 | 867 | -0.24 | -0.02 | 62.48 | 60.00 | 9/18/2026 | No | 13 | 74 | None | |
| DEO | Diageo plc | Options Chain | 1.35 | 1.65 | 0.80 | 5.00 | 0.16 | 0.38 | 225 | 0 | -0.21 | -0.05 | 88.51 | 80.00 | 9/18/2026 | Yes | 11 | 58 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.37 | 0.41 | 0.24 | 1.50 | 0.16 | 0.35 | 19 | 20 | -0.21 | -0.01 | 24.56 | 22.50 | 9/18/2026 | No | 15 | 66 | None | |
| F | Ford Motor Company | Options Chain | 0.24 | 0.26 | 0.16 | 1.00 | 0.16 | 0.35 | 1501 | 91 | -0.23 | 0.00 | 14.48 | 13.00 | 9/18/2026 | No | 9 | 47 | None | |
| JCI | Johnson Controls International plc | Options Chain | 2.15 | 2.65 | 0.77 | 5.00 | 0.15 | 0.35 | 1 | 6 | -0.24 | -0.06 | 146.39 | 140.00 | 9/18/2026 | No | 8 | 58 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.61 | 0.65 | 0.38 | 2.50 | 0.15 | 0.39 | 218 | 474 | -0.19 | -0.01 | 42.64 | 37.50 | 9/18/2026 | No | 10 | 51 | None | |
| AME | Ametek Inc | Options Chain | 2.05 | 3.30 | 1.50 | 10.00 | 0.15 | 0.29 | 1000 | 0 | -0.19 | -0.11 | 244.23 | 230.00 | 9/18/2026 | Yes | 10 | 61 | None |