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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.15 | 13.55 | 1.95 | 5.00 | 0.39 | 0.45 | 7 | 2 | -0.29 | -0.26 | 366.40 | 350.00 | 5/29/2026 | Yes | 20 | 62 |
Dividend Stock List |
|
| ORCL | Oracle Corp | Options Chain | 5.95 | 7.15 | 0.95 | 2.50 | 0.38 | 0.54 | 3 | 41 | -0.29 | -0.14 | 137.95 | 162.50 | 5/29/2026 | No | 7 | 60 | None | |
| F | Ford Motor Company | Options Chain | 0.40 | 0.53 | 0.17 | 0.50 | 0.34 | 0.45 | 5 | 5 | -0.29 | -0.01 | 12.23 | 12.00 | 5/29/2026 | Yes | 8 | 48 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 6.75 | 8.25 | 1.62 | 5.00 | 0.32 | 0.61 | 5 | 5 | -0.30 | -0.16 | 181.91 | 170.00 | 5/29/2026 | No | 12 | 53 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.06 | 0.94 | 0.15 | 0.50 | 0.30 | 0.36 | 0 | 2 | -0.28 | -0.01 | 23.20 | 21.00 | 5/29/2026 | Yes | 5 | 57 | None | |
| HAL | Halliburton Company | Options Chain | 0.75 | 1.05 | 0.26 | 1.00 | 0.26 | 0.42 | 3 | 0 | -0.26 | -0.02 | 37.49 | 35.00 | 5/29/2026 | Yes | 10 | 62 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.72 | 1.17 | 0.24 | 1.00 | 0.24 | 0.26 | 4 | 5 | -0.29 | -0.02 | 52.55 | 52.00 | 5/29/2026 | Yes | 12 | 74 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.00 | 5.30 | 0.95 | 5.00 | 0.19 | 0.25 | 5 | 3 | -0.27 | -0.13 | 309.90 | 295.00 | 5/29/2026 | No | 9 | 78 | None | |
| NVO | Novo Nordisk | Options Chain | 1.04 | 1.20 | 0.18 | 1.00 | 0.18 | 0.48 | 1 | 0 | -0.25 | -0.03 | 37.42 | 37.00 | 5/29/2026 | Yes | 11 | 54 | None |