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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HPQ | HP Inc | Options Chain | 0.98 | 1.13 | 0.38 | 1.00 | 0.38 | 0.47 | 12 | 707 | -0.29 | -0.02 | 30.15 | 29.00 | 10/16/2026 | No | 12 | 55 | None | |
| GLW | Corning Inc | Options Chain | 6.40 | 6.75 | 1.70 | 5.00 | 0.34 | 0.58 | 98 | 167 | -0.30 | -0.13 | 148.39 | 135.00 | 10/16/2026 | No | 11 | 54 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.60 | 2.75 | 0.80 | 2.50 | 0.32 | 0.34 | 35 | 29 | -0.30 | -0.03 | 93.92 | 87.50 | 10/16/2026 | No | 8 | 57 | None | |
| TXN | Texas Instruments Inc | Options Chain | 6.20 | 7.90 | 3.10 | 10.00 | 0.31 | 0.38 | 56 | 43 | -0.30 | -0.15 | 260.58 | 240.00 | 10/16/2026 | No | 11 | 64 | None | |
| ORCL | Oracle Corp | Options Chain | 5.15 | 5.40 | 1.48 | 5.00 | 0.30 | 0.63 | 341 | 380 | -0.25 | -0.11 | 149.32 | 125.00 | 10/16/2026 | Yes | 11 | 66 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.00 | 5.40 | 1.45 | 5.00 | 0.29 | 0.32 | 23 | 66 | -0.29 | -0.12 | 233.66 | 220.00 | 10/16/2026 | No | 9 | 66 | None | |
| PCG | PG&E Corp | Options Chain | 0.52 | 0.63 | 0.29 | 1.00 | 0.29 | 0.55 | 782 | 1153 | -0.30 | -0.01 | 13.39 | 13.00 | 10/16/2026 | No | 13 | 58 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.65 | 0.28 | 1.00 | 0.28 | 0.37 | 4 | 1 | -0.27 | -0.01 | 23.60 | 22.00 | 10/16/2026 | No | 12 | 68 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.40 | 4.85 | 1.40 | 5.00 | 0.28 | 0.42 | 84 | 273 | -0.28 | -0.09 | 170.31 | 155.00 | 10/16/2026 | No | 10 | 63 | None | |
| SYF | Synchrony Financial | Options Chain | 1.20 | 1.85 | 0.70 | 2.50 | 0.28 | 0.33 | 7 | 0 | -0.26 | -0.04 | 77.08 | 72.50 | 10/16/2026 | No | 15 | 75 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.80 | 2.05 | 0.70 | 2.50 | 0.28 | 0.33 | 43 | 10 | -0.29 | -0.04 | 81.30 | 80.00 | 10/16/2026 | No | 16 | 52 | None | |
| AVGO | Broadcom Inc | Options Chain | 10.00 | 12.40 | 1.37 | 5.00 | 0.27 | 0.47 | 11 | 15 | -0.29 | -0.27 | 370.34 | 345.00 | 10/9/2026 | Yes | 13 | 64 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.90 | 9.40 | 2.70 | 10.00 | 0.27 | 0.35 | 152 | 89 | -0.28 | -0.21 | 416.40 | 390.00 | 10/16/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| APH | Amphenol Corp - Class A | Options Chain | 3.90 | 4.40 | 1.35 | 5.00 | 0.27 | 0.43 | 33 | 29 | -0.26 | -0.10 | 158.55 | 150.00 | 10/16/2026 | No | 9 | 59 | None | |
| HAL | Halliburton Company | Options Chain | 0.66 | 0.91 | 0.27 | 1.00 | 0.27 | 0.37 | 109 | 9 | -0.25 | -0.02 | 36.95 | 34.00 | 10/16/2026 | No | 12 | 56 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.98 | 2.13 | 1.34 | 5.00 | 0.27 | 0.67 | 71 | 27 | -0.25 | -0.04 | 52.40 | 45.00 | 10/16/2026 | Yes | 10 | 54 | None | |
| MSFT | Microsoft Corporation | Options Chain | 6.75 | 8.05 | 1.32 | 5.00 | 0.26 | 0.26 | 20 | 4 | -0.27 | -0.23 | 507.78 | 480.00 | 10/9/2026 | No | 14 | 72 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.25 | 6.55 | 1.30 | 5.00 | 0.26 | 0.26 | 81 | 81 | -0.30 | -0.13 | 356.15 | 340.00 | 10/16/2026 | Yes | 9 | 71 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.30 | 1.38 | 0.65 | 2.50 | 0.26 | 0.33 | 247 | 187 | -0.29 | -0.03 | 60.18 | 57.50 | 10/16/2026 | No | 10 | 55 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.20 | 7.80 | 2.52 | 10.00 | 0.25 | 0.33 | 61 | 57 | -0.26 | -0.15 | 390.50 | 370.00 | 10/16/2026 | No | 10 | 58 | None | |
| EQT | EQT Corp | Options Chain | 0.92 | 1.06 | 0.63 | 2.50 | 0.25 | 0.31 | 140 | 340 | -0.26 | -0.03 | 54.30 | 52.50 | 10/16/2026 | No | 11 | 60 | None | |
| RF | Regions Financial Corp | Options Chain | 0.35 | 0.80 | 0.25 | 1.00 | 0.25 | 0.25 | 252 | 6 | -0.27 | -0.01 | 30.22 | 28.00 | 10/16/2026 | Yes | 17 | 70 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.70 | 0.95 | 0.25 | 1.00 | 0.25 | 0.39 | 2090 | 240 | -0.28 | -0.02 | 32.26 | 31.00 | 10/16/2026 | No | 13 | 68 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.70 | 0.86 | 0.25 | 1.00 | 0.25 | 0.23 | 173 | 123 | -0.29 | -0.01 | 50.05 | 48.00 | 10/16/2026 | No | 9 | 74 | None | |
| T | AT&T Inc | Options Chain | 0.45 | 0.50 | 0.25 | 1.00 | 0.25 | 0.25 | 4983 | 359 | -0.30 | -0.01 | 25.89 | 25.00 | 10/16/2026 | No | 9 | 58 | None | |
| MDT | Medtronic Plc | Options Chain | 1.30 | 1.76 | 0.62 | 2.50 | 0.25 | 0.26 | 941 | 76 | -0.28 | -0.03 | 91.78 | 87.50 | 10/16/2026 | Yes | 12 | 65 | None | |
| CRM | Salesforce Inc | Options Chain | 6.15 | 6.55 | 2.47 | 10.00 | 0.25 | 0.40 | 226 | 374 | -0.27 | -0.14 | 258.06 | 240.00 | 10/16/2026 | No | 11 | 64 | None | |
| V | Visa Inc - Class A | Options Chain | 4.80 | 5.35 | 1.23 | 5.00 | 0.25 | 0.21 | 67 | 20 | -0.28 | -0.14 | 379.43 | 360.00 | 10/16/2026 | No | 10 | 69 | None | |
| SLB | SLB | Options Chain | 0.99 | 1.14 | 0.60 | 2.50 | 0.24 | 0.37 | 42 | 8 | -0.21 | -0.02 | 60.38 | 52.50 | 10/16/2026 | Yes | 7 | 65 | None | |
| NEE | NextEra Energy Inc | Options Chain | 0.99 | 1.29 | 0.57 | 2.50 | 0.23 | 0.22 | 74 | 73 | -0.28 | -0.03 | 82.41 | 80.00 | 10/16/2026 | No | 11 | 71 | None | |
| AXP | American Express Company | Options Chain | 4.85 | 5.25 | 2.26 | 10.00 | 0.23 | 0.25 | 323 | 262 | -0.28 | -0.12 | 330.17 | 310.00 | 10/16/2026 | Yes | 12 | 65 | None | |
| CVX | Chevron Corp | Options Chain | 3.15 | 3.45 | 1.13 | 5.00 | 0.23 | 0.27 | 929 | 1571 | -0.26 | -0.09 | 206.87 | 200.00 | 10/16/2026 | No | 11 | 69 | None | |
| NVO | Novo Nordisk | Options Chain | 0.96 | 1.01 | 0.56 | 2.50 | 0.22 | 0.35 | 91 | 50 | -0.27 | -0.02 | 45.33 | 42.50 | 10/16/2026 | No | 14 | 58 | None | |
| VST | Vistra Corp | Options Chain | 2.78 | 2.92 | 1.09 | 5.00 | 0.22 | 0.42 | 326 | 89 | -0.22 | -0.07 | 138.41 | 125.00 | 10/16/2026 | No | 7 | 54 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.65 | 2.79 | 1.08 | 5.00 | 0.22 | 0.30 | 242 | 215 | -0.25 | -0.07 | 160.95 | 155.00 | 10/16/2026 | No | 11 | 66 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.86 | 0.93 | 0.53 | 2.50 | 0.21 | 0.43 | 541 | 170 | -0.24 | -0.02 | 39.17 | 35.00 | 10/16/2026 | Yes | 14 | 59 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.43 | 1.61 | 0.53 | 2.50 | 0.21 | 0.29 | 220 | 112 | -0.27 | -0.04 | 86.65 | 82.50 | 10/16/2026 | Yes | 15 | 74 | None | |
| C | Citigroup Inc | Options Chain | 2.28 | 2.45 | 1.04 | 5.00 | 0.21 | 0.30 | 415 | 45 | -0.26 | -0.06 | 131.71 | 125.00 | 10/16/2026 | Yes | 17 | 78 | None | |
| GM | General Motors Company | Options Chain | 1.43 | 1.57 | 0.52 | 2.50 | 0.21 | 0.32 | 66 | 21 | -0.25 | -0.04 | 86.35 | 80.00 | 10/16/2026 | No | 9 | 59 | None | |
| EIX | Edison International | Options Chain | 0.80 | 1.35 | 0.50 | 2.50 | 0.20 | 0.50 | 532 | 204 | -0.15 | -0.02 | 54.44 | 50.00 | 10/16/2026 | No | 15 | 64 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.70 | 0.85 | 0.20 | 1.00 | 0.20 | 0.28 | 16 | 12 | -0.29 | -0.02 | 42.15 | 40.00 | 10/16/2026 | Yes | 15 | 77 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.49 | 2.85 | 0.98 | 5.00 | 0.20 | 0.21 | 389 | 191 | -0.23 | -0.09 | 264.36 | 250.00 | 10/16/2026 | No | 12 | 66 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.52 | 1.70 | 0.98 | 5.00 | 0.20 | 0.40 | 149 | 65 | -0.24 | -0.04 | 78.20 | 70.00 | 10/16/2026 | Yes | 14 | 67 | None | |
| APA | APA Corporation | Options Chain | 0.80 | 1.00 | 0.48 | 2.50 | 0.19 | 0.43 | 12 | 30 | -0.20 | -0.02 | 43.52 | 40.00 | 10/16/2026 | No | 14 | 70 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.78 | 0.86 | 0.45 | 2.50 | 0.18 | 0.35 | 54 | 80 | -0.23 | -0.02 | 48.66 | 45.00 | 10/16/2026 | No | 10 | 55 | None | |
| BCS | Barclays plc | Options Chain | 0.25 | 0.40 | 0.18 | 1.00 | 0.18 | 0.32 | 8 | 0 | -0.21 | -0.01 | 26.64 | 24.00 | 10/16/2026 | No | 18 | 60 | None | |
| F | Ford Motor Company | Options Chain | 0.24 | 0.29 | 0.18 | 1.00 | 0.18 | 0.33 | 447 | 25 | -0.26 | -0.01 | 13.97 | 13.00 | 10/16/2026 | No | 9 | 48 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.43 | 1.74 | 0.85 | 5.00 | 0.17 | 0.46 | 504 | 581 | -0.22 | -0.04 | 76.10 | 65.00 | 10/16/2026 | No | 9 | 59 | None | |
| JEF | Jefferies Financial Group Inc | Options Chain | 0.85 | 1.25 | 0.42 | 2.50 | 0.17 | 0.41 | 0 | 1 | -0.24 | -0.03 | 52.64 | 47.50 | 10/16/2026 | Yes | 11 | 56 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.81 | 0.96 | 0.42 | 2.50 | 0.17 | 0.26 | 29 | 7 | -0.25 | -0.02 | 62.00 | 57.50 | 10/16/2026 | Yes | 16 | 74 | None | |
| AA | Alcoa Corp | Options Chain | 1.12 | 1.22 | 0.82 | 5.00 | 0.16 | 0.51 | 55 | 117 | -0.21 | -0.03 | 50.02 | 45.00 | 10/16/2026 | Yes | 17 | 52 | None | |
| WM | Waste Management Inc | Options Chain | 2.10 | 2.50 | 1.60 | 10.00 | 0.16 | 0.20 | 79 | 17 | -0.24 | -0.05 | 219.79 | 210.00 | 10/16/2026 | No | 12 | 68 | None | |
| CARR | Carrier Global Corp | Options Chain | 0.60 | 0.65 | 0.40 | 2.50 | 0.16 | 0.31 | 13402 | 0 | -0.19 | -0.03 | 58.50 | 52.50 | 10/16/2026 | No | 7 | 60 | None | |
| KR | Kroger Company | Options Chain | 0.49 | 0.85 | 0.40 | 2.50 | 0.16 | 0.33 | 12 | 52 | -0.20 | -0.02 | 57.51 | 52.50 | 10/16/2026 | Yes | 10 | 52 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.28 | 0.45 | 0.16 | 1.00 | 0.16 | 0.16 | 23 | 1 | -0.27 | -0.01 | 38.87 | 38.00 | 10/16/2026 | No | 12 | 68 | None | |
| MO | Altria Group Inc | Options Chain | 0.78 | 0.88 | 0.39 | 2.50 | 0.16 | 0.24 | 126 | 52 | -0.17 | -0.01 | 68.63 | 65.00 | 10/16/2026 | No | 9 | 66 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.47 | 1.65 | 0.75 | 5.00 | 0.15 | 0.20 | 491 | 110 | -0.24 | -0.05 | 144.96 | 140.00 | 10/16/2026 | No | 8 | 65 | None | |
| EXC | Exelon Corp | Options Chain | 0.50 | 0.70 | 0.15 | 1.00 | 0.15 | 0.21 | 1 | 0 | -0.28 | -0.01 | 43.82 | 42.00 | 10/16/2026 | No | 11 | 64 | None |