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 | 0.59 | 1.10 | 0.31 | 0.50 | 0.62 | 0.60 | 0 | 2 | -0.28 | -0.01 | 20.81 | 19.00 | 6/26/2026 | Yes | 10 | 43 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.50 | 2.29 | 0.56 | 1.00 | 0.56 | 0.29 | 2 | 6 | -0.30 | -0.03 | 93.35 | 85.00 | 6/26/2026 | No | 7 | 63 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.54 | 2.31 | 0.40 | 1.00 | 0.40 | 0.51 | 18 | 11 | -0.28 | -0.05 | 63.04 | 56.00 | 6/26/2026 | No | 14 | 62 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.16 | 1.63 | 0.40 | 1.00 | 0.40 | 0.39 | 0 | 6 | -0.28 | -0.03 | 59.48 | 56.00 | 6/26/2026 | No | 8 | 50 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 10.70 | 12.15 | 1.78 | 5.00 | 0.36 | 0.71 | 3 | 6 | -0.29 | -0.23 | 240.10 | 215.00 | 6/26/2026 | Yes | 12 | 53 | None | |
| LUV | Southwest Airlines Company | Options Chain | 0.96 | 1.63 | 0.34 | 1.00 | 0.34 | 0.56 | 0 | 5 | -0.27 | -0.03 | 38.52 | 35.00 | 6/26/2026 | No | 12 | 62 | None | |
| F | Ford Motor Company | Options Chain | 0.32 | 0.37 | 0.17 | 0.50 | 0.34 | 0.37 | 29 | 126 | -0.30 | -0.01 | 13.40 | 12.50 | 6/26/2026 | No | 9 | 48 | None | |
| GLW | Corning Inc | Options Chain | 8.15 | 9.65 | 0.85 | 2.50 | 0.34 | 0.71 | 10 | 55 | -0.30 | -0.18 | 191.81 | 162.50 | 6/26/2026 | No | 8 | 52 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.45 | 0.75 | 0.33 | 1.00 | 0.33 | 0.23 | 28 | 27 | -0.27 | -0.02 | 46.37 | 45.00 | 6/26/2026 | No | 13 | 73 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.00 | 11.15 | 1.65 | 5.00 | 0.33 | 0.43 | 48 | 119 | -0.28 | -0.25 | 404.35 | 370.00 | 6/26/2026 | No | 20 | 61 |
Dividend Stock List |
|
| UNH | Unitedhealth Group Inc | Options Chain | 7.30 | 8.55 | 1.63 | 5.00 | 0.33 | 0.29 | 8 | 50 | -0.30 | -0.15 | 393.85 | 375.00 | 6/26/2026 | No | 11 | 64 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.19 | 1.82 | 0.30 | 1.00 | 0.30 | 0.32 | 8 | 1 | -0.28 | -0.04 | 73.42 | 71.00 | 6/26/2026 | No | 13 | 73 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.15 | 4.75 | 1.47 | 5.00 | 0.29 | 0.35 | 8 | 8 | -0.27 | -0.12 | 219.00 | 210.00 | 6/26/2026 | No | 14 | 72 | None | |
| APA | APA Corporation | Options Chain | 1.08 | 1.46 | 0.29 | 1.00 | 0.29 | 0.52 | 0 | 2 | -0.27 | -0.03 | 38.98 | 37.00 | 6/26/2026 | No | 9 | 53 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.61 | 1.34 | 0.29 | 1.00 | 0.29 | 0.28 | 8 | 0 | -0.29 | -0.03 | 57.00 | 55.00 | 6/26/2026 | No | 15 | 61 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.97 | 1.20 | 0.28 | 1.00 | 0.28 | 0.40 | 2 | 23 | -0.26 | -0.03 | 49.49 | 46.00 | 6/26/2026 | No | 7 | 49 | None | |
| HAL | Halliburton Company | Options Chain | 0.71 | 1.28 | 0.28 | 1.00 | 0.28 | 0.39 | 10 | 0 | -0.28 | -0.02 | 41.45 | 40.00 | 6/26/2026 | No | 14 | 63 | None | |
| AA | Alcoa Corp | Options Chain | 1.94 | 2.58 | 0.28 | 1.00 | 0.28 | 0.58 | 7 | 4 | -0.28 | -0.05 | 62.53 | 57.00 | 6/26/2026 | No | 13 | 53 | None | |
| WMT | Walmart Inc | Options Chain | 2.21 | 2.78 | 0.28 | 1.00 | 0.28 | 0.30 | 0 | 4 | -0.29 | -0.06 | 131.45 | 127.00 | 6/26/2026 | Yes | 8 | 56 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.06 | 0.68 | 0.14 | 0.50 | 0.28 | 0.25 | 10 | 8 | -0.24 | 0.00 | 22.99 | 22.00 | 6/26/2026 | No | 8 | 58 | None | |
| QCOM | Qualcomm Inc | Options Chain | 7.70 | 11.25 | 0.70 | 2.50 | 0.28 | 0.67 | 38 | 18 | -0.30 | -0.19 | 201.49 | 185.00 | 6/26/2026 | No | 14 | 70 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.32 | 3.45 | 0.27 | 1.00 | 0.27 | 0.38 | 5 | 1 | -0.28 | -0.07 | 117.83 | 112.00 | 6/26/2026 | No | 9 | 62 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.56 | 2.90 | 0.27 | 1.00 | 0.27 | 0.46 | 3 | 21 | -0.30 | -0.05 | 72.15 | 66.00 | 6/26/2026 | No | 17 | 66 | None | |
| MSFT | Microsoft Corporation | Options Chain | 7.65 | 8.50 | 1.30 | 5.00 | 0.26 | 0.29 | 80 | 100 | -0.30 | -0.18 | 419.67 | 405.00 | 6/26/2026 | No | 15 | 72 | None | |
| ABT | Abbott Laboratories | Options Chain | 1.20 | 1.70 | 0.25 | 1.00 | 0.25 | 0.28 | 3 | 24 | -0.29 | -0.04 | 84.47 | 84.00 | 6/26/2026 | No | 12 | 64 | None | |
| HD | Home Depot Inc | Options Chain | 4.85 | 6.35 | 1.22 | 5.00 | 0.24 | 0.34 | 15 | 3 | -0.26 | -0.12 | 297.92 | 280.00 | 6/26/2026 | Yes | 6 | 60 | None | |
| TSCO | Tractor Supply Company | Options Chain | 0.50 | 0.95 | 0.23 | 1.00 | 0.23 | 0.44 | 1 | 0 | -0.25 | -0.02 | 30.57 | 29.00 | 6/26/2026 | No | 10 | 57 | None | |
| V | Visa Inc - Class A | Options Chain | 4.20 | 5.10 | 1.15 | 5.00 | 0.23 | 0.24 | 1 | 7 | -0.28 | -0.13 | 325.75 | 320.00 | 6/26/2026 | No | 10 | 65 | None | |
| UNP | Union Pacific Corp | Options Chain | 3.20 | 5.30 | 1.10 | 5.00 | 0.22 | 0.24 | 60 | 0 | -0.30 | -0.10 | 270.56 | 265.00 | 6/26/2026 | No | 9 | 66 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.55 | 0.96 | 0.22 | 1.00 | 0.22 | 0.28 | 27 | 34 | -0.27 | -0.02 | 49.77 | 48.00 | 6/26/2026 | No | 13 | 73 | None | |
| VST | Vistra Corp | Options Chain | 3.25 | 4.00 | 1.05 | 5.00 | 0.21 | 0.46 | 16 | 36 | -0.27 | -0.08 | 139.68 | 125.00 | 6/26/2026 | No | 6 | 56 | None | |
| KO | Coca-Cola Company | Options Chain | 0.73 | 0.90 | 0.21 | 1.00 | 0.21 | 0.20 | 7 | 4 | -0.26 | -0.02 | 80.88 | 78.00 | 6/26/2026 | No | 12 | 70 | None | |
| SLB | SLB | Options Chain | 1.09 | 1.31 | 0.21 | 1.00 | 0.21 | 0.38 | 7 | 1 | -0.26 | -0.03 | 55.38 | 53.00 | 6/26/2026 | No | 10 | 66 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.71 | 3.35 | 1.04 | 5.00 | 0.21 | 0.21 | 31 | 14 | -0.25 | -0.07 | 276.39 | 270.00 | 6/26/2026 | No | 12 | 68 | None | |
| RTX | RTX Corp | Options Chain | 2.04 | 3.50 | 1.00 | 5.00 | 0.20 | 0.30 | 200 | 1 | -0.25 | -0.06 | 171.23 | 165.00 | 6/26/2026 | No | 14 | 68 | None | |
| NVO | Novo Nordisk | Options Chain | 0.69 | 1.25 | 0.19 | 1.00 | 0.19 | 0.34 | 16 | 17 | -0.30 | -0.03 | 44.47 | 42.00 | 6/26/2026 | No | 13 | 54 | None | |
| GE | General Electric Company | Options Chain | 4.95 | 7.65 | 0.92 | 5.00 | 0.18 | 0.36 | 2 | 19 | -0.29 | -0.17 | 281.27 | 270.00 | 6/26/2026 | No | 10 | 64 | None | |
| ORCL | Oracle Corp | Options Chain | 7.80 | 8.80 | 0.45 | 2.50 | 0.18 | 0.66 | 36 | 0 | -0.29 | -0.19 | 191.35 | 170.00 | 6/26/2026 | Yes | 7 | 61 | None | |
| C | Citigroup Inc | Options Chain | 2.02 | 2.55 | 0.18 | 1.00 | 0.18 | 0.32 | 1 | 2 | -0.28 | -0.06 | 123.11 | 116.00 | 6/26/2026 | No | 15 | 78 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.03 | 2.50 | 0.85 | 5.00 | 0.17 | 0.31 | 81 | 68 | -0.23 | -0.08 | 157.92 | 150.00 | 6/26/2026 | No | 11 | 70 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.20 | 5.30 | 0.77 | 5.00 | 0.15 | 0.25 | 6 | 9 | -0.30 | -0.13 | 297.72 | 290.00 | 6/26/2026 | No | 10 | 70 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.33 | 0.59 | 0.15 | 1.00 | 0.15 | 0.23 | 4 | 20 | -0.21 | -0.02 | 39.23 | 38.00 | 6/26/2026 | No | 9 | 59 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.25 | 0.55 | 0.15 | 1.00 | 0.15 | 0.25 | 1 | 3 | -0.25 | -0.01 | 33.62 | 32.00 | 6/26/2026 | No | 13 | 67 | None |