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 | 2.07 | 3.00 | 0.43 | 1.00 | 0.43 | 0.63 | 0 | 3 | -0.29 | -0.05 | 62.09 | 51.00 | 10/30/2026 | No | 12 | 60 | None | |
| GLW | Corning Inc | Options Chain | 6.80 | 7.65 | 1.93 | 5.00 | 0.39 | 0.66 | 2 | 17 | -0.26 | -0.15 | 166.40 | 135.00 | 10/30/2026 | Yes | 10 | 54 | None | |
| MO | Altria Group Inc | Options Chain | 1.25 | 1.53 | 0.35 | 1.00 | 0.35 | 0.25 | 3 | 0 | -0.27 | -0.01 | 68.98 | 67.00 | 10/30/2026 | Yes | 9 | 67 | None | |
| NVO | Novo Nordisk | Options Chain | 0.92 | 1.35 | 0.33 | 1.00 | 0.33 | 0.36 | 0 | 6 | -0.29 | -0.02 | 43.10 | 41.00 | 10/30/2026 | No | 14 | 57 | None | |
| KO | Coca-Cola Company | Options Chain | 0.81 | 1.64 | 0.32 | 1.00 | 0.32 | 0.22 | 0 | 2 | -0.27 | -0.03 | 88.29 | 86.00 | 10/30/2026 | Yes | 9 | 61 | None | |
| IBM | International Business Machines Corp | Options Chain | 7.00 | 8.75 | 1.55 | 5.00 | 0.31 | 0.44 | 1 | 7 | -0.29 | -0.16 | 243.29 | 230.00 | 10/30/2026 | Yes | 9 | 66 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.30 | 9.85 | 1.45 | 5.00 | 0.29 | 0.36 | 25 | 26 | -0.29 | -0.22 | 428.03 | 395.00 | 10/30/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| TSCO | Tractor Supply Company | Options Chain | 0.85 | 1.20 | 0.28 | 1.00 | 0.28 | 0.45 | 0 | 40 | -0.28 | -0.02 | 33.24 | 31.00 | 10/30/2026 | Yes | 8 | 58 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.40 | 6.65 | 1.38 | 5.00 | 0.28 | 0.48 | 17 | 28 | -0.28 | -0.12 | 182.15 | 165.00 | 10/30/2026 | No | 12 | 70 | None | |
| ORCL | Oracle Corp | Options Chain | 4.40 | 4.65 | 1.35 | 5.00 | 0.27 | 0.52 | 29 | 169 | -0.25 | -0.09 | 147.81 | 130.00 | 10/30/2026 | No | 8 | 60 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.65 | 1.18 | 0.27 | 1.00 | 0.27 | 0.28 | 0 | 1 | -0.30 | -0.01 | 50.55 | 48.00 | 10/30/2026 | No | 8 | 65 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.80 | 1.02 | 0.25 | 1.00 | 0.25 | 0.44 | 10 | 0 | -0.25 | -0.02 | 36.80 | 34.00 | 10/30/2026 | Yes | 10 | 51 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.39 | 0.64 | 0.12 | 0.50 | 0.24 | 0.30 | 0 | 1 | -0.28 | -0.01 | 24.60 | 23.50 | 10/30/2026 | No | 7 | 57 | None | |
| F | Ford Motor Company | Options Chain | 0.31 | 0.42 | 0.11 | 0.50 | 0.22 | 0.38 | 5 | 6 | -0.29 | -0.01 | 13.97 | 13.00 | 10/30/2026 | Yes | 9 | 48 | None |