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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| QCOM | Qualcomm Inc | Options Chain | 9.20 | 11.60 | 1.40 | 2.50 | 0.56 | 0.78 | 1 | 3 | -0.29 | -0.25 | 204.13 | 177.50 | 7/31/2026 | Yes | 11 | 65 | None | |
| DOW | Dow Inc | Options Chain | 0.75 | 1.17 | 0.48 | 1.00 | 0.48 | 0.50 | 10 | 0 | -0.26 | -0.03 | 30.33 | 27.00 | 7/31/2026 | Yes | 6 | 51 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.61 | 1.23 | 0.44 | 1.00 | 0.44 | 0.30 | 7 | 27 | -0.24 | -0.02 | 46.73 | 43.00 | 7/31/2026 | Yes | 9 | 64 | None | |
| F | Ford Motor Company | Options Chain | 0.33 | 0.42 | 0.22 | 0.50 | 0.44 | 0.45 | 19 | 2 | -0.29 | -0.01 | 14.00 | 13.00 | 7/31/2026 | Yes | 9 | 47 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.40 | 1.70 | 0.35 | 1.00 | 0.35 | 0.58 | 2 | 1 | -0.27 | -0.05 | 46.22 | 41.00 | 7/31/2026 | No | 14 | 55 | None | |
| GLW | Corning Inc | Options Chain | 12.55 | 15.45 | 0.87 | 2.50 | 0.35 | 0.94 | 2 | 1 | -0.29 | -0.30 | 194.07 | 192.50 | 7/31/2026 | No | 8 | 52 | None | |
| WMT | Walmart Inc | Options Chain | 1.55 | 2.12 | 0.30 | 1.00 | 0.30 | 0.25 | 2 | 1 | -0.28 | -0.06 | 119.42 | 115.00 | 7/31/2026 | No | 9 | 55 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.45 | 1.82 | 0.28 | 1.00 | 0.28 | 0.31 | 3 | 0 | -0.27 | -0.05 | 93.17 | 87.00 | 7/31/2026 | Yes | 16 | 69 | None | |
| CRM | Salesforce Inc | Options Chain | 3.65 | 4.45 | 1.36 | 5.00 | 0.27 | 0.45 | 1 | 19 | -0.30 | -0.11 | 153.42 | 145.00 | 7/31/2026 | No | 15 | 71 | None | |
| ORCL | Oracle Corp | Options Chain | 4.95 | 5.50 | 1.35 | 5.00 | 0.27 | 0.55 | 55 | 42 | -0.27 | -0.12 | 165.16 | 145.00 | 7/31/2026 | No | 7 | 61 | None | |
| IBM | International Business Machines Corp | Options Chain | 8.25 | 9.35 | 1.35 | 5.00 | 0.27 | 0.52 | 5 | 13 | -0.30 | -0.22 | 264.94 | 245.00 | 7/31/2026 | Yes | 13 | 72 | None | |
| APA | APA Corporation | Options Chain | 0.53 | 0.95 | 0.25 | 1.00 | 0.25 | 0.46 | 12 | 0 | -0.25 | -0.02 | 34.22 | 30.00 | 7/31/2026 | No | 15 | 64 | None | |
| KO | Coca-Cola Company | Options Chain | 0.77 | 1.04 | 0.25 | 1.00 | 0.25 | 0.23 | 8 | 37 | -0.28 | -0.03 | 80.31 | 78.00 | 7/31/2026 | Yes | 9 | 63 | None | |
| TSCO | Tractor Supply Company | Options Chain | 0.85 | 1.20 | 0.25 | 1.00 | 0.25 | 0.51 | 2 | 1 | -0.30 | -0.03 | 29.96 | 28.00 | 7/31/2026 | Yes | 7 | 47 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.25 | 2.40 | 1.21 | 5.00 | 0.24 | 0.28 | 2 | 20 | -0.26 | -0.06 | 139.73 | 130.00 | 7/31/2026 | No | 9 | 64 | None | |
| T | AT&T Inc | Options Chain | 0.29 | 0.43 | 0.24 | 1.00 | 0.24 | 0.32 | 13 | 0 | -0.23 | -0.01 | 22.83 | 21.00 | 7/31/2026 | Yes | 12 | 70 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.79 | 0.94 | 0.23 | 1.00 | 0.23 | 0.27 | 10 | 2 | -0.27 | -0.03 | 57.91 | 55.00 | 7/31/2026 | Yes | 14 | 73 | None | |
| HD | Home Depot Inc | Options Chain | 4.15 | 6.80 | 1.15 | 5.00 | 0.23 | 0.32 | 0 | 22 | -0.27 | -0.17 | 324.45 | 320.00 | 7/31/2026 | No | 6 | 62 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.36 | 0.51 | 0.16 | 1.00 | 0.16 | 0.24 | 0 | 1 | -0.28 | -0.01 | 32.54 | 31.00 | 7/31/2026 | Yes | 10 | 66 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.26 | 0.45 | 0.08 | 0.50 | 0.16 | 0.29 | 4 | 10 | -0.27 | -0.01 | 22.51 | 21.50 | 7/31/2026 | Yes | 8 | 58 | None |