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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FDX | Fedex Corp | Options Chain | 8.85 | 11.80 | 1.98 | 5.00 | 0.40 | 0.43 | 1 | 0 | -0.28 | -0.18 | 373.83 | 330.00 | 4/24/2026 | Yes | 11 | 71 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.35 | 15.05 | 1.92 | 5.00 | 0.38 | 0.55 | 10 | 11 | -0.29 | -0.24 | 353.25 | 310.00 | 4/24/2026 | Yes | 20 | 62 |
Dividend Stock List |
|
| OXY | Occidental Petroleum Corp | Options Chain | 1.23 | 1.75 | 0.38 | 1.00 | 0.38 | 0.41 | 2 | 0 | -0.27 | -0.03 | 53.18 | 50.00 | 4/24/2026 | No | 7 | 52 | None | |
| VST | Vistra Corp | Options Chain | 5.75 | 8.20 | 1.85 | 5.00 | 0.37 | 0.59 | 0 | 2 | -0.29 | -0.13 | 167.57 | 145.00 | 4/24/2026 | No | 6 | 53 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.14 | 0.80 | 0.17 | 0.50 | 0.34 | 0.30 | 0 | 2 | -0.27 | -0.01 | 24.32 | 23.00 | 4/24/2026 | No | 5 | 57 | None | |
| F | Ford Motor Company | Options Chain | 0.27 | 0.52 | 0.17 | 0.50 | 0.34 | 0.40 | 3 | 6 | -0.29 | -0.01 | 12.15 | 11.50 | 4/24/2026 | No | 8 | 47 | None | |
| AMAT | Applied Materials Inc | Options Chain | 13.50 | 17.40 | 1.52 | 5.00 | 0.30 | 0.63 | 0 | 2 | -0.29 | -0.29 | 347.00 | 295.00 | 4/24/2026 | No | 12 | 63 | None | |
| V | Visa Inc - Class A | Options Chain | 5.25 | 8.60 | 1.40 | 5.00 | 0.28 | 0.31 | 1 | 0 | -0.29 | -0.14 | 320.90 | 300.00 | 4/24/2026 | No | 12 | 71 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 4.30 | 7.10 | 1.35 | 5.00 | 0.27 | 0.48 | 3 | 5 | -0.27 | -0.13 | 210.92 | 185.00 | 4/17/2026 | No | 9 | 66 | None | |
| ALLY | Ally Financial Inc | Options Chain | 1.00 | 1.30 | 0.27 | 1.00 | 0.27 | 0.49 | 1 | 11 | -0.27 | -0.03 | 40.33 | 35.00 | 4/17/2026 | Yes | 13 | 76 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.40 | 8.60 | 1.30 | 5.00 | 0.26 | 0.37 | 3 | 1 | -0.29 | -0.13 | 294.00 | 270.00 | 4/24/2026 | Yes | 9 | 79 | None | |
| CP | Canadian Pacific Kansas City Ltd | Options Chain | 0.90 | 1.25 | 0.65 | 2.50 | 0.26 | 0.29 | 545 | 0 | -0.23 | -0.04 | 85.26 | 77.50 | 4/17/2026 | No | 8 | 62 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.95 | 2.20 | 0.65 | 2.50 | 0.26 | 0.43 | 63 | 304 | -0.29 | -0.05 | 71.85 | 67.50 | 4/17/2026 | No | 12 | 24 | None | |
| AXP | American Express Company | Options Chain | 8.55 | 10.00 | 1.28 | 5.00 | 0.26 | 0.42 | 41 | 0 | -0.29 | -0.16 | 307.21 | 280.00 | 4/24/2026 | Yes | 12 | 70 | None | |
| AVGO | Broadcom Inc | Options Chain | 12.15 | 12.70 | 2.53 | 10.00 | 0.25 | 0.59 | 782 | 824 | -0.28 | -0.27 | 330.48 | 300.00 | 4/17/2026 | No | 9 | 65 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.20 | 5.10 | 1.26 | 5.00 | 0.25 | 0.45 | 9 | 1 | -0.27 | -0.08 | 137.16 | 125.00 | 4/24/2026 | No | 11 | 72 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 2.15 | 2.50 | 0.63 | 2.50 | 0.25 | 0.49 | 54 | 14 | -0.30 | -0.05 | 66.57 | 62.50 | 4/17/2026 | No | 7 | 53 | None | |
| EQNR | Equinor ASA | Options Chain | 0.65 | 0.90 | 0.25 | 1.00 | 0.25 | 0.41 | 5 | 149 | -0.25 | -0.02 | 33.59 | 31.00 | 4/17/2026 | No | 10 | 61 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.93 | 1.81 | 0.25 | 1.00 | 0.25 | 0.29 | 4 | 0 | -0.30 | -0.02 | 60.74 | 57.00 | 4/24/2026 | Yes | 15 | 60 | None | |
| EQT | EQT Corp | Options Chain | 1.29 | 2.18 | 0.23 | 1.00 | 0.23 | 0.40 | 0 | 2 | -0.29 | -0.04 | 61.69 | 58.00 | 4/24/2026 | No | 14 | 70 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.60 | 0.75 | 0.23 | 1.00 | 0.23 | 0.46 | 7 | 0 | -0.29 | -0.01 | 22.73 | 21.00 | 4/17/2026 | No | 15 | 65 | None | |
| EL | Estee Lauder Cos. Inc - Class A | Options Chain | 2.53 | 2.82 | 1.11 | 5.00 | 0.22 | 0.49 | 1180 | 354 | -0.26 | -0.07 | 95.95 | 85.00 | 4/17/2026 | No | 5 | 48 | None | |
| GLW | Corning Inc | Options Chain | 5.15 | 7.00 | 1.10 | 5.00 | 0.22 | 0.69 | 85 | 1 | -0.28 | -0.12 | 123.29 | 110.00 | 4/24/2026 | No | 9 | 57 | None | |
| BBD | Banco Bradesco S.A. | Options Chain | 0.10 | 0.15 | 0.10 | 0.50 | 0.20 | 0.45 | 8 | 0 | -0.30 | 0.00 | 3.76 | 3.50 | 4/17/2026 | No | 16 | 47 | None | |
| GM | General Motors Company | Options Chain | 1.84 | 2.37 | 0.19 | 1.00 | 0.19 | 0.40 | 6 | 0 | -0.28 | -0.04 | 77.10 | 70.00 | 4/24/2026 | No | 11 | 60 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.95 | 9.30 | 0.93 | 5.00 | 0.19 | 0.41 | 2 | 28 | -0.30 | -0.15 | 288.95 | 265.00 | 4/24/2026 | Yes | 11 | 65 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.74 | 1.00 | 0.18 | 1.00 | 0.18 | 0.27 | 1 | 1 | -0.26 | -0.01 | 51.15 | 48.00 | 4/24/2026 | Yes | 10 | 74 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.45 | 0.65 | 0.17 | 1.00 | 0.17 | 0.50 | 8 | 4 | -0.22 | -0.01 | 23.67 | 21.00 | 4/17/2026 | No | 6 | 59 | None | |
| KEY | Keycorp | Options Chain | 0.36 | 0.46 | 0.17 | 1.00 | 0.17 | 0.43 | 251 | 8 | -0.23 | -0.01 | 20.40 | 18.00 | 4/17/2026 | Yes | 10 | 59 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.86 | 1.26 | 0.42 | 2.50 | 0.17 | 0.43 | 16 | 35 | -0.24 | -0.03 | 48.48 | 42.50 | 4/17/2026 | Yes | 11 | 66 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.20 | 1.35 | 0.80 | 5.00 | 0.16 | 0.41 | 1692 | 42 | -0.24 | -0.03 | 59.81 | 55.00 | 4/17/2026 | No | 11 | 62 | None | |
| CFG | Citizens Financial Group Inc | Options Chain | 1.05 | 1.25 | 0.40 | 2.50 | 0.16 | 0.43 | 5 | 3 | -0.23 | -0.04 | 59.54 | 52.50 | 4/17/2026 | Yes | 15 | 78 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.20 | 0.30 | 0.15 | 1.00 | 0.15 | 0.45 | 0 | 1 | -0.23 | 0.00 | 11.12 | 10.00 | 4/17/2026 | No | 22 | 65 |
Growth Stock List |
|
| PR | Permian Resources Corp - Class A | Options Chain | 0.25 | 0.45 | 0.15 | 1.00 | 0.15 | 0.42 | 2 | 0 | -0.24 | -0.01 | 18.90 | 17.00 | 4/17/2026 | No | 7 | 58 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.25 | 3.10 | 0.15 | 1.00 | 0.15 | 0.59 | 0 | 1 | -0.30 | -0.05 | 59.01 | 54.00 | 4/24/2026 | Yes | 16 | 66 | None |