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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VST | Vistra Corp | Options Chain | 4.35 | 7.40 | 1.95 | 5.00 | 0.39 | 0.55 | 3 | 0 | -0.29 | -0.11 | 144.70 | 130.00 | 9/25/2026 | Yes | 6 | 56 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.20 | 14.60 | 1.62 | 5.00 | 0.32 | 0.44 | 2 | 11 | -0.29 | -0.25 | 414.00 | 390.00 | 9/25/2026 | No | 23 | 65 |
Dividend Stock List |
|
| CRM | Salesforce Inc | Options Chain | 6.20 | 7.20 | 1.42 | 5.00 | 0.28 | 0.49 | 0 | 1 | -0.28 | -0.12 | 192.98 | 170.00 | 9/25/2026 | Yes | 11 | 63 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.00 | 7.90 | 1.35 | 5.00 | 0.27 | 0.39 | 0 | 3 | -0.27 | -0.11 | 235.92 | 215.00 | 9/25/2026 | No | 9 | 66 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.27 | 0.68 | 0.27 | 1.00 | 0.27 | 0.22 | 5 | 0 | -0.23 | -0.01 | 37.72 | 36.00 | 9/25/2026 | No | 9 | 59 | None | |
| KO | Coca-Cola Company | Options Chain | 0.94 | 1.26 | 0.26 | 1.00 | 0.26 | 0.20 | 0 | 1 | -0.27 | -0.02 | 86.83 | 83.00 | 9/25/2026 | No | 12 | 67 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.95 | 8.20 | 1.25 | 5.00 | 0.25 | 0.30 | 24 | 0 | -0.27 | -0.15 | 412.75 | 380.00 | 9/25/2026 | No | 12 | 63 | None | |
| CLX | Clorox Company | Options Chain | 2.20 | 2.40 | 1.25 | 5.00 | 0.25 | 0.32 | 37 | 79 | -0.29 | -0.04 | 105.84 | 100.00 | 9/18/2026 | No | 10 | 54 | None | |
| EC | Ecopetrol SA | Options Chain | 0.40 | 0.55 | 0.23 | 1.00 | 0.23 | 0.43 | 12 | 2 | -0.28 | -0.01 | 16.39 | 16.00 | 9/18/2026 | Yes | 14 | 55 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.55 | 0.80 | 0.23 | 1.00 | 0.23 | 0.34 | 0 | 1 | -0.29 | -0.02 | 31.75 | 30.00 | 9/18/2026 | No | 8 | 59 | None | |
| CNP | Centerpoint Energy Inc | Options Chain | 0.35 | 0.65 | 0.22 | 1.00 | 0.22 | 0.25 | 2 | 0 | -0.25 | -0.02 | 40.65 | 39.00 | 9/18/2026 | No | 9 | 64 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.70 | 0.80 | 0.22 | 1.00 | 0.22 | 0.29 | 1 | 10 | -0.27 | -0.02 | 44.74 | 42.00 | 9/18/2026 | No | 11 | 63 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.40 | 6.65 | 1.08 | 5.00 | 0.22 | 0.54 | 1 | 0 | -0.28 | -0.10 | 157.53 | 145.00 | 9/25/2026 | No | 11 | 64 | None | |
| CVX | Chevron Corp | Options Chain | 0.68 | 4.50 | 1.06 | 5.00 | 0.21 | 0.26 | 0 | 1 | -0.21 | -0.04 | 186.41 | 175.00 | 9/25/2026 | No | 13 | 77 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.85 | 1.95 | 0.52 | 2.50 | 0.21 | 0.42 | 7 | 7 | -0.24 | -0.04 | 89.38 | 80.00 | 9/18/2026 | Yes | 9 | 57 | None | |
| ZION | Zions Bancorporation N.A | Options Chain | 1.00 | 1.30 | 0.52 | 2.50 | 0.21 | 0.27 | 1 | 1 | -0.27 | -0.03 | 71.70 | 67.50 | 9/18/2026 | No | 15 | 66 | None | |
| BCS | Barclays plc | Options Chain | 0.45 | 0.55 | 0.20 | 1.00 | 0.20 | 0.35 | 0 | 5 | -0.24 | -0.01 | 28.46 | 26.00 | 9/18/2026 | No | 15 | 52 | None | |
| GLW | Corning Inc | Options Chain | 7.20 | 11.10 | 0.97 | 5.00 | 0.19 | 0.77 | 11 | 6 | -0.28 | -0.17 | 156.70 | 140.00 | 9/25/2026 | No | 10 | 54 | None | |
| RMD | Resmed Inc | Options Chain | 3.80 | 5.10 | 0.95 | 5.00 | 0.19 | 0.46 | 2 | 3 | -0.21 | -0.14 | 224.00 | 200.00 | 9/18/2026 | Yes | 18 | 68 |
Dividend Stock List |
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| MET | Metlife Inc | Options Chain | 1.10 | 1.55 | 0.45 | 2.50 | 0.18 | 0.24 | 5 | 1 | -0.26 | -0.04 | 96.26 | 95.00 | 9/18/2026 | Yes | 15 | 61 | None | |
| INFY | Infosys Ltd | Options Chain | 0.20 | 0.35 | 0.18 | 1.00 | 0.18 | 0.49 | 28 | 15 | -0.24 | -0.01 | 12.48 | 11.00 | 9/18/2026 | No | 13 | 43 | None | |
| EXC | Exelon Corp | Options Chain | 0.45 | 0.60 | 0.18 | 1.00 | 0.18 | 0.22 | 0 | 34 | -0.26 | -0.01 | 45.76 | 43.00 | 9/18/2026 | No | 8 | 57 | None | |
| F | Ford Motor Company | Options Chain | 0.27 | 0.35 | 0.09 | 0.50 | 0.18 | 0.34 | 21 | 2 | -0.29 | 0.00 | 14.13 | 13.00 | 9/25/2026 | No | 9 | 47 | None | |
| ALL | Allstate Corp (The) | Options Chain | 3.60 | 4.20 | 1.72 | 10.00 | 0.17 | 0.26 | 1705 | 6 | -0.27 | -0.10 | 263.95 | 260.00 | 9/18/2026 | Yes | 19 | 75 | None | |
| KEY | Keycorp | Options Chain | 0.20 | 0.30 | 0.15 | 1.00 | 0.15 | 0.28 | 10 | 10 | -0.20 | -0.01 | 23.09 | 21.00 | 9/18/2026 | No | 10 | 59 | None |