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.

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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
DELL Dell Technologies Inc - Class C Options Chain 31.75 33.10 4.03 10.00 0.40 0.93 159 245 -0.30 -0.49 392.10 350.00 9/18/2026 Yes 14 57 None
COKE Coca-Cola Consolidated Inc Options Chain 4.50 8.40 1.90 5.00 0.38 0.46 0 4 -0.28 -0.14 195.00 180.00 9/18/2026 Yes 11 52 None
COST Costco Wholesale Corp Options Chain 14.00 17.30 1.82 5.00 0.36 0.22 186 35 -0.29 -0.31 966.58 930.00 9/18/2026 No 14 59 None
AMKR AMKOR Technology Inc Options Chain 3.40 4.20 0.35 1.00 0.35 0.93 60 240 -0.30 -0.06 45.69 41.00 9/18/2026 No 14 51 None
GLW Corning Inc Options Chain 7.50 7.85 1.70 5.00 0.34 0.81 463 318 -0.28 -0.13 126.01 110.00 9/18/2026 Yes 10 54 None
APH Amphenol Corp - Class A Options Chain 6.10 6.90 1.65 5.00 0.33 0.60 18 29 -0.28 -0.11 148.98 130.00 9/18/2026 Yes 8 58 None
OMC Omnicom Group Inc Options Chain 2.10 2.75 0.80 2.50 0.32 0.39 7 0 -0.28 -0.04 86.22 80.00 9/18/2026 Yes 9 63 None
ORCL Oracle Corp Options Chain 6.00 6.50 1.57 5.00 0.31 0.75 297 876 -0.26 -0.12 119.96 105.00 9/18/2026 Yes 10 71 None
IBM International Business Machines Corp Options Chain 7.05 7.85 1.57 5.00 0.31 0.44 162 166 -0.29 -0.11 216.64 210.00 9/18/2026 No 13 74 None
MSFT Microsoft Corporation Options Chain 10.40 10.95 1.55 5.00 0.31 0.39 179 714 -0.27 -0.20 393.35 365.00 9/18/2026 Yes 15 72 None
VST Vistra Corp Options Chain 5.80 6.25 1.53 5.00 0.31 0.56 653 20 -0.28 -0.11 148.64 135.00 9/18/2026 Yes 8 62 None
TSM Taiwan Semiconductor Manufacturing Options Chain 13.45 14.55 3.00 10.00 0.30 0.50 134 1593 -0.28 -0.26 392.31 360.00 9/18/2026 No 23 65
Dividend Stock List
NTAP Netapp Inc Options Chain 6.80 8.80 1.50 5.00 0.30 0.64 0 35 -0.26 -0.14 169.86 155.00 9/18/2026 Yes 11 63 None
TROW T. Rowe Price Group Inc Options Chain 1.40 4.20 1.50 5.00 0.30 0.31 6 0 -0.28 -0.04 121.68 115.00 9/18/2026 Yes 20 68
Dividend Stock List
BKNG Booking Holdings Inc Options Chain 5.90 6.40 0.30 1.00 0.30 0.41 96 6 -0.30 -0.10 187.08 185.00 9/18/2026 Yes 14 63 None
CRM Salesforce Inc Options Chain 6.05 6.40 1.48 5.00 0.30 0.50 463 594 -0.27 -0.11 181.50 165.00 9/18/2026 Yes 15 71 None
NUE Nucor Corp Options Chain 7.00 8.40 2.95 10.00 0.30 0.37 25 28 -0.30 -0.14 247.05 250.00 9/18/2026 Yes 15 67 None
AZN Astrazeneca plc Options Chain 2.50 3.80 1.47 5.00 0.29 0.31 34 0 -0.24 -0.06 172.48 160.00 9/18/2026 No 10 62 None
ACN Accenture plc - Class A Options Chain 5.30 6.10 1.45 5.00 0.29 0.50 46 43 -0.27 -0.12 164.66 150.00 9/18/2026 No 19 69 None
MDT Medtronic Plc Options Chain 1.83 2.08 0.72 2.50 0.29 0.31 1 350 -0.29 -0.04 86.88 82.50 9/18/2026 Yes 14 72 None
CVE Cenovus Energy Inc Options Chain 0.75 1.00 0.28 1.00 0.28 0.41 107 16 -0.30 -0.02 28.28 26.00 9/18/2026 Yes 13 65 None
MCD McDonald`s Corp Options Chain 4.60 5.25 1.40 5.00 0.28 0.25 34 62 -0.29 -0.09 273.02 260.00 9/18/2026 Yes 9 62 None
RIO Rio Tinto plc Options Chain 2.40 2.60 0.70 2.50 0.28 0.36 7 1 -0.28 -0.03 91.64 85.00 9/18/2026 No 8 62 None
JPM JPMorgan Chase & Company Options Chain 6.10 6.95 1.38 5.00 0.28 0.23 76 305 -0.30 -0.13 357.31 345.00 9/18/2026 No 9 71 None
BHP BHP Group Ltd Options Chain 2.40 2.65 0.68 2.50 0.27 0.40 137 12 -0.29 -0.03 83.79 77.50 9/18/2026 Yes 11 24 None
VZ Verizon Communications Inc Options Chain 0.75 0.88 0.27 1.00 0.27 0.24 67 516 -0.29 -0.02 48.19 46.00 9/18/2026 No 9 64 None
NXPI NXP Semiconductors NV Options Chain 9.10 12.40 2.65 10.00 0.27 0.62 2 246 -0.26 -0.21 267.00 230.00 9/18/2026 Yes 10 66 None
QCOM Qualcomm Inc Options Chain 7.15 7.85 1.32 5.00 0.26 0.65 125 438 -0.27 -0.13 162.88 145.00 9/18/2026 Yes 11 64 None
GM General Motors Company Options Chain 2.40 2.56 0.65 2.50 0.26 0.36 310 96 -0.30 -0.05 90.30 85.00 9/18/2026 No 9 63 None
V Visa Inc - Class A Options Chain 5.55 7.20 1.28 5.00 0.26 0.26 35 16 -0.28 -0.13 366.59 350.00 9/18/2026 Yes 11 69 None
APA APA Corporation Options Chain 1.21 1.31 0.64 2.50 0.26 0.45 260 0 -0.30 -0.02 34.93 32.50 9/18/2026 Yes 15 64 None
BMY Bristol-Myers Squibb Company Options Chain 1.20 1.49 0.63 2.50 0.25 0.30 112 172 -0.28 -0.03 63.60 60.00 9/18/2026 Yes 15 68 None
NKE Nike Inc - Class B Options Chain 1.10 1.32 0.63 2.50 0.25 0.39 232 644 -0.29 -0.02 43.05 40.00 9/18/2026 No 10 51 None
JCI Johnson Controls International plc Options Chain 2.85 4.80 1.25 5.00 0.25 0.41 105 8 -0.27 -0.08 140.28 130.00 9/18/2026 Yes 8 58 None
PR Permian Resources Corp - Class A Options Chain 0.40 0.60 0.25 1.00 0.25 0.42 0 2 -0.24 -0.01 19.73 18.00 9/18/2026 Yes 7 53 None
CSCO Cisco Systems Inc Options Chain 3.50 3.70 1.24 5.00 0.25 0.48 279 142 -0.26 -0.07 115.58 105.00 9/18/2026 Yes 9 62 None
WM Waste Management Inc Options Chain 3.80 6.00 2.40 10.00 0.24 0.26 7 27 -0.30 -0.08 239.41 230.00 9/18/2026 Yes 8 60 None
KO Coca-Cola Company Options Chain 1.30 1.54 0.60 2.50 0.24 0.21 770 222 -0.30 -0.03 88.27 85.00 9/18/2026 Yes 11 69 None
HPE Hewlett Packard Enterprise Company Options Chain 2.74 3.45 0.24 1.00 0.24 0.86 672 343 -0.28 -0.05 48.01 40.00 9/18/2026 Yes 8 51 None
HAL Halliburton Company Options Chain 0.77 0.83 0.24 1.00 0.24 0.37 7 1 -0.29 -0.01 32.15 29.00 9/18/2026 No 12 58 None
KR Kroger Company Options Chain 1.23 1.46 0.59 2.50 0.24 0.35 2 11 -0.27 -0.02 59.19 55.00 9/18/2026 Yes 12 55 None
BDX Becton Dickinson & Company Options Chain 2.50 5.40 1.17 5.00 0.23 0.35 6 1 -0.28 -0.07 159.88 155.00 9/18/2026 No 11 61 None
CTSH Cognizant Technology Solutions Corp - Class A Options Chain 1.50 2.05 0.58 2.50 0.23 0.55 8 46 -0.26 -0.03 50.31 45.00 9/18/2026 Yes 16 64 None
UNH Unitedhealth Group Inc Options Chain 7.55 8.05 2.22 10.00 0.22 0.31 162 64 -0.25 -0.17 428.79 400.00 9/18/2026 No 12 63 None
ZTS Zoetis Inc - Class A Options Chain 1.55 2.20 1.10 5.00 0.22 0.44 30 120 -0.23 -0.05 77.51 70.00 9/18/2026 Yes 12 56 None
GPN Global Payments Inc Options Chain 2.35 2.75 0.55 2.50 0.22 0.49 4 1 -0.26 -0.05 84.06 77.50 9/18/2026 Yes 10 59 None
MO Altria Group Inc Options Chain 1.28 1.42 0.55 2.50 0.22 0.29 305 281 -0.27 -0.02 74.82 70.00 9/18/2026 Yes 13 67 None
EPD Enterprise Products Partners L P Options Chain 0.45 0.71 0.22 1.00 0.22 0.21 37 2 -0.25 -0.01 38.25 37.00 9/18/2026 Yes 12 68 None
TGT Target Corp Options Chain 2.93 3.15 1.09 5.00 0.22 0.39 94 141 -0.23 -0.06 144.20 130.00 9/18/2026 Yes 9 62 None
FCX Freeport-McMoRan Inc Options Chain 1.92 2.00 1.08 5.00 0.22 0.54 530 111 -0.24 -0.04 61.64 55.00 9/18/2026 No 10 63 None
STT State Street Corp Options Chain 2.70 3.30 1.07 5.00 0.21 0.30 30 14 -0.23 -0.08 182.57 170.00 9/18/2026 No 12 73 None
MMM 3M Company Options Chain 2.67 2.88 1.06 5.00 0.21 0.28 157 252 -0.24 -0.06 178.30 170.00 9/18/2026 No 9 61 None
WFC Wells Fargo & Company Options Chain 1.50 1.68 0.53 2.50 0.21 0.27 17 378 -0.29 -0.03 86.87 82.50 9/18/2026 No 14 74 None
HPQ HP Inc Options Chain 0.88 1.08 0.21 1.00 0.21 0.55 4448 111 -0.26 -0.02 28.29 25.00 9/18/2026 Yes 12 47 None
KMI Kinder Morgan Inc - Class P Options Chain 0.44 0.56 0.21 1.00 0.21 0.24 14 14 -0.27 -0.01 31.61 30.00 9/18/2026 No 9 59 None
CARR Carrier Global Corp Options Chain 1.20 1.40 0.52 2.50 0.21 0.39 9 31 -0.23 -0.03 69.84 57.50 9/18/2026 Yes 7 53 None
SCHW Charles Schwab Corp Options Chain 1.55 1.71 0.52 2.50 0.21 0.26 94 631 -0.25 -0.04 104.01 100.00 9/18/2026 No 15 72 None
BKR Baker Hughes Co - Class A Options Chain 1.30 1.75 1.03 5.00 0.21 0.35 52 107 -0.30 -0.03 60.77 55.00 9/18/2026 No 16 66 None
COP Conoco Phillips Options Chain 2.13 2.34 1.02 5.00 0.20 0.35 38 0 -0.24 -0.04 114.10 105.00 9/18/2026 Yes 10 75 None
OVV Ovintiv Inc Options Chain 1.35 1.65 1.02 5.00 0.20 0.35 1 0 -0.30 -0.03 58.79 55.00 9/18/2026 No 10 64 None
BAC Bank Of America Corp Options Chain 1.05 1.07 0.51 2.50 0.20 0.23 1049 194 -0.29 -0.02 62.18 60.00 9/18/2026 No 13 74 None
AWK American Water Works Co. Inc Options Chain 1.90 2.30 1.00 5.00 0.20 0.25 34 5 -0.26 -0.04 138.04 130.00 9/18/2026 Yes 7 54 None
BCS Barclays plc Options Chain 0.55 0.65 0.20 1.00 0.20 0.34 69 35 -0.27 -0.01 28.80 25.00 9/18/2026 Yes 18 61 None
GIS General Mills Inc Options Chain 0.70 0.85 0.48 2.50 0.19 0.35 162 17 -0.24 -0.02 36.74 35.00 9/18/2026 Yes 6 53 None
PEP PepsiCo Inc Options Chain 2.13 2.34 0.94 5.00 0.19 0.25 171 256 -0.27 -0.04 142.86 135.00 9/18/2026 No 10 54 None
NVO Novo Nordisk Options Chain 1.04 1.08 0.47 2.50 0.19 0.44 752 104 -0.21 -0.02 50.96 45.00 9/18/2026 Yes 13 52 None
MET Metlife Inc Options Chain 1.10 2.30 0.47 2.50 0.19 0.24 214 0 -0.29 -0.02 97.49 92.50 9/18/2026 Yes 15 61 None
CMCSA Comcast Corp - Class A Options Chain 0.47 0.52 0.28 1.50 0.19 0.34 369 60 -0.26 -0.01 22.91 22.50 9/18/2026 No 15 68 None
JNJ Johnson & Johnson Options Chain 3.85 4.15 1.86 10.00 0.19 0.27 121 93 -0.25 -0.08 270.61 250.00 9/18/2026 No 9 66 None
WMT Walmart Inc Options Chain 1.71 1.76 0.92 5.00 0.18 0.30 426 603 -0.23 -0.04 111.90 105.00 9/18/2026 Yes 11 59 None
FHN First Horizon Corporation Options Chain 0.25 0.60 0.18 1.00 0.18 0.30 0 5 -0.22 -0.01 26.02 24.00 9/18/2026 No 16 70 None
XOM Exxon Mobil Corp Options Chain 2.11 2.29 0.86 5.00 0.17 0.31 124 340 -0.22 -0.05 154.75 140.00 9/18/2026 Yes 9 64 None
PG Procter & Gamble Company Options Chain 1.76 2.05 0.86 5.00 0.17 0.25 120 51 -0.23 -0.06 148.88 140.00 9/18/2026 Yes 9 65 None
PCG PG&E Corp Options Chain 0.29 0.51 0.17 1.00 0.17 0.43 293 50 -0.21 -0.01 17.78 16.00 9/18/2026 No 9 52 None
CSX CSX Corp Options Chain 0.65 0.75 0.40 2.50 0.16 0.27 34 96 -0.22 -0.02 52.05 47.50 9/18/2026 No 8 61 None
TFC Truist Financial Corporation Options Chain 0.85 1.00 0.40 2.50 0.16 0.25 16 1 -0.28 -0.01 52.99 50.00 9/18/2026 No 15 75 None
DVN Devon Energy Corp Options Chain 0.65 0.72 0.39 2.50 0.16 0.41 8 2 -0.18 -0.02 43.23 37.50 9/18/2026 Yes 10 60 None
KEY Keycorp Options Chain 0.25 0.40 0.15 1.00 0.15 0.28 2 1 -0.23 -0.01 22.63 21.00 9/18/2026 No 14 68 None
ALLY Ally Financial Inc Options Chain 0.65 0.90 0.15 1.00 0.15 0.29 48 21 -0.27 -0.02 44.11 41.00 9/18/2026 No 10 65 None