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
GLW Corning Inc Options Chain 7.40 8.05 1.70 5.00 0.34 0.65 84 37 -0.29 -0.14 151.90 145.00 6/18/2026 Yes 8 55 None
TD Toronto Dominion Bank Options Chain 0.90 2.05 0.83 2.50 0.33 0.24 25 0 -0.19 -0.03 103.00 100.00 6/18/2026 Yes 12 68 None
LLY Lilly(Eli) & Company Options Chain 26.80 28.20 3.25 10.00 0.33 0.37 62 76 -0.30 -0.49 855.49 890.00 6/18/2026 Yes 13 68 None
NVT nVent Electric plc Options Chain 5.20 6.70 1.60 5.00 0.32 0.57 4 0 -0.28 -0.11 139.99 130.00 6/18/2026 Yes 9 58 None
TSM Taiwan Semiconductor Manufacturing Options Chain 12.50 13.45 3.05 10.00 0.30 0.44 418 1580 -0.30 -0.24 398.20 370.00 6/18/2026 No 23 66
Dividend Stock List
LIN Linde Plc. Options Chain 9.50 10.30 1.50 5.00 0.30 0.26 17 4 -0.30 -0.20 502.89 485.00 6/18/2026 Yes 8 63 None
RRC Range Resources Corp Options Chain 1.10 1.30 0.30 1.00 0.30 0.37 13 10 -0.30 -0.02 43.26 41.00 6/18/2026 Yes 17 63 None
ORCL Oracle Corp Options Chain 6.65 6.95 1.45 5.00 0.29 0.63 282 460 -0.26 -0.14 163.83 145.00 6/18/2026 Yes 9 66 None
LYB LyondellBasell Industries NV - Class A Options Chain 2.40 2.60 0.72 2.50 0.29 0.51 105 54 -0.27 -0.04 73.37 67.50 6/18/2026 Yes 7 58 None
HD Home Depot Inc Options Chain 7.15 7.40 1.40 5.00 0.28 0.33 16 27 -0.28 -0.13 322.81 305.00 6/18/2026 Yes 6 62 None
CSCO Cisco Systems Inc Options Chain 2.44 2.53 0.69 2.50 0.28 0.35 79 104 -0.30 -0.05 89.57 87.50 6/18/2026 Yes 7 60 None
NXPI NXP Semiconductors NV Options Chain 8.50 9.10 2.70 10.00 0.27 0.43 18 19 -0.28 -0.17 289.90 270.00 6/18/2026 Yes 8 66 None
QCOM Qualcomm Inc Options Chain 4.60 4.95 1.35 5.00 0.27 0.43 1442 1472 -0.28 -0.10 177.10 165.00 6/18/2026 Yes 9 64 None
RMD Resmed Inc Options Chain 6.00 7.00 1.35 5.00 0.27 0.41 159 10 -0.29 -0.12 213.40 200.00 6/18/2026 Yes 20 67
Dividend Stock List
RIO Rio Tinto plc Options Chain 2.25 2.55 0.67 2.50 0.27 0.33 14 5 -0.29 -0.05 96.49 95.00 6/18/2026 No 8 63 None
MPC Marathon Petroleum Corp Options Chain 7.10 7.50 2.65 10.00 0.27 0.42 23 118 -0.28 -0.14 241.00 230.00 6/18/2026 Yes 11 63 None
TGT Target Corp Options Chain 3.35 3.60 1.27 5.00 0.25 0.40 80 1392 -0.28 -0.06 127.35 120.00 6/18/2026 Yes 13 63 None
BWA BorgWarner Inc Options Chain 1.50 2.05 0.63 2.50 0.25 0.44 1 0 -0.28 -0.03 56.97 52.50 6/18/2026 Yes 10 56 None
ALLY Ally Financial Inc Options Chain 0.85 1.00 0.25 1.00 0.25 0.33 0 2 -0.27 -0.02 44.39 41.00 6/18/2026 No 14 75 None
SCHW Charles Schwab Corp Options Chain 1.78 2.03 0.62 2.50 0.25 0.29 142 74 -0.28 -0.04 90.50 87.50 6/18/2026 No 15 69 None
APH Amphenol Corp - Class A Options Chain 4.00 4.20 1.22 5.00 0.24 0.48 69 236 -0.25 -0.09 147.27 130.00 6/18/2026 Yes 9 58 None
GE General Electric Company Options Chain 6.80 7.15 2.43 10.00 0.24 0.37 630 52 -0.28 -0.15 283.57 270.00 6/18/2026 No 12 65 None
XOM Exxon Mobil Corp Options Chain 3.10 3.35 1.20 5.00 0.24 0.32 210 161 -0.28 -0.06 154.13 145.00 6/18/2026 Yes 9 66 None
C Citigroup Inc Options Chain 2.95 3.15 1.20 5.00 0.24 0.34 44 37 -0.30 -0.06 127.98 120.00 6/18/2026 No 14 77 None
EBAY EBay Inc Options Chain 2.16 2.81 0.59 2.50 0.24 0.41 2 318 -0.26 -0.05 103.79 95.00 6/18/2026 Yes 9 65 None
WMT Walmart Inc Options Chain 2.81 2.94 1.17 5.00 0.23 0.31 391 263 -0.30 -0.06 126.95 125.00 6/18/2026 Yes 8 58 None
PR Permian Resources Corp - Class A Options Chain 0.50 0.65 0.23 1.00 0.23 0.40 20 1 -0.28 -0.01 21.70 20.00 6/18/2026 Yes 11 66 None
HPE Hewlett Packard Enterprise Company Options Chain 0.89 1.11 0.23 1.00 0.23 0.53 1 8 -0.29 -0.02 28.30 26.00 6/18/2026 Yes 8 52 None
JPM JPMorgan Chase & Company Options Chain 5.15 5.35 1.15 5.00 0.23 0.25 138 65 -0.28 -0.13 308.30 300.00 6/18/2026 No 12 79 None
UNH Unitedhealth Group Inc Options Chain 6.55 7.35 2.27 10.00 0.23 0.29 296 207 -0.28 -0.14 368.50 350.00 6/18/2026 No 11 66 None
AZN Astrazeneca plc Options Chain 2.95 3.50 1.13 5.00 0.23 0.28 0 2 -0.26 -0.08 185.20 175.00 6/18/2026 Yes 12 68 None
EQT EQT Corp Options Chain 1.24 1.31 0.56 2.50 0.22 0.34 21 14 -0.27 -0.03 59.08 55.00 6/18/2026 Yes 17 71 None
OXY Occidental Petroleum Corp Options Chain 1.42 1.51 0.55 2.50 0.22 0.42 189 407 -0.25 -0.03 60.44 55.00 6/18/2026 Yes 7 51 None
RF Regions Financial Corp Options Chain 0.50 0.80 0.22 1.00 0.22 0.30 0 1 -0.29 -0.01 27.91 27.00 6/18/2026 No 18 70 None
WFC Wells Fargo & Company Options Chain 1.50 1.59 0.54 2.50 0.22 0.29 66 77 -0.27 -0.03 81.17 77.50 6/18/2026 No 13 74 None
BKR Baker Hughes Co - Class A Options Chain 1.75 1.85 1.05 5.00 0.21 0.37 22 4 -0.29 -0.03 68.81 65.00 6/18/2026 No 12 62 None
VZ Verizon Communications Inc Options Chain 0.66 0.70 0.21 1.00 0.21 0.22 204 541 -0.28 -0.02 46.61 46.00 6/18/2026 No 8 64 None
CARR Carrier Global Corp Options Chain 1.40 1.50 0.52 2.50 0.21 0.37 254 9 -0.26 -0.03 67.17 62.50 6/18/2026 Yes 7 56 None
V Visa Inc - Class A Options Chain 4.15 4.50 1.03 5.00 0.21 0.23 95 122 -0.25 -0.11 332.52 315.00 6/18/2026 Yes 12 71 None
NUE Nucor Corp Options Chain 4.80 5.10 2.00 10.00 0.20 0.36 171 17 -0.26 -0.11 220.28 210.00 6/18/2026 No 11 66 None
SLB SLB Options Chain 1.23 1.31 0.50 2.50 0.20 0.38 1227 101 -0.28 -0.03 55.52 52.50 6/18/2026 No 9 66 None
INFY Infosys Ltd Options Chain 0.25 0.45 0.20 1.00 0.20 0.45 4 21 -0.21 0.00 12.46 11.00 6/18/2026 No 16 52 None
KMI Kinder Morgan Inc - Class P Options Chain 0.48 0.50 0.20 1.00 0.20 0.24 22 93 -0.27 -0.01 31.61 31.00 6/18/2026 No 13 67 None
BCS Barclays plc Options Chain 0.60 0.65 0.20 1.00 0.20 0.38 0 1 -0.29 -0.01 23.00 22.00 6/18/2026 No 17 68 None
PPL PPL Corp Options Chain 0.55 0.75 0.20 1.00 0.20 0.22 1 1 -0.30 -0.01 38.57 36.00 6/18/2026 Yes 7 59 None
ZTS Zoetis Inc - Class A Options Chain 2.15 2.70 0.98 5.00 0.20 0.42 24 4 -0.24 -0.06 115.00 105.00 6/18/2026 Yes 14 63 None
SHW Sherwin-Williams Company Options Chain 4.30 5.70 1.95 10.00 0.20 0.29 34 2 -0.25 -0.12 314.55 300.00 6/18/2026 Yes 8 58 None
BHP BHP Group Ltd Options Chain 1.50 1.55 0.48 2.50 0.19 0.37 4 0 -0.23 -0.04 79.30 72.50 6/18/2026 No 10 58 None
HPQ HP Inc Options Chain 0.48 0.51 0.19 1.00 0.19 0.52 119 44 -0.22 -0.01 20.14 18.00 6/18/2026 Yes 13 52 None
T AT&T Inc Options Chain 0.38 0.41 0.19 1.00 0.19 0.24 148 309 -0.26 -0.01 25.70 25.00 6/18/2026 No 9 57 None
GM General Motors Company Options Chain 1.40 1.48 0.46 2.50 0.18 0.36 40 68 -0.26 -0.04 76.62 70.00 6/18/2026 Yes 11 67 None
SYK Stryker Corp Options Chain 5.70 8.60 1.80 10.00 0.18 0.32 5 13 -0.28 -0.16 315.96 300.00 6/18/2026 Yes 10 64 None
EXC Exelon Corp Options Chain 0.60 0.85 0.18 1.00 0.18 0.26 0 3 -0.26 -0.01 46.94 44.00 6/18/2026 Yes 8 61 None
BMY Bristol-Myers Squibb Company Options Chain 0.87 0.91 0.44 2.50 0.18 0.29 361 30 -0.24 -0.03 57.59 55.00 6/18/2026 Yes 15 60 None
AEP American Electric Power Company Inc Options Chain 1.85 2.05 0.87 5.00 0.17 0.24 17 9 -0.25 -0.04 137.11 130.00 6/18/2026 Yes 9 75 None
SAN Banco Santander S.A. Options Chain 0.15 0.35 0.17 1.00 0.17 0.38 4 90 -0.21 0.00 12.14 11.00 6/18/2026 Yes 12 55 None
HST Host Hotels & Resorts Inc Options Chain 0.35 0.55 0.17 1.00 0.17 0.32 0 1 -0.28 -0.01 21.06 20.00 6/18/2026 Yes 10 52 None
CM Canadian Imperial Bank Of Commerce Options Chain 1.35 1.55 0.85 5.00 0.17 0.27 10 0 -0.22 -0.04 107.72 105.00 6/18/2026 Yes 14 74 None
APA APA Corporation Options Chain 0.94 1.00 0.42 2.50 0.17 0.53 205 2 -0.20 -0.03 40.73 35.00 6/18/2026 Yes 9 53 None
CTSH Cognizant Technology Solutions Corp - Class A Options Chain 0.90 1.00 0.42 2.50 0.17 0.39 38 2 -0.22 -0.02 54.70 47.50 6/18/2026 Yes 15 62 None
IP International Paper Company Options Chain 0.80 0.90 0.42 2.50 0.17 0.49 653 33 -0.25 -0.01 33.58 27.50 6/18/2026 Yes 5 61 None
ROL Rollins Inc Options Chain 0.65 0.95 0.42 2.50 0.17 0.25 5 12 -0.27 -0.02 55.33 52.50 6/18/2026 No 8 53 None
FCX Freeport-McMoRan Inc Options Chain 1.08 1.15 0.50 3.00 0.17 0.47 148 57 -0.19 -0.03 56.93 50.00 6/18/2026 No 14 62 None
KO Coca-Cola Company Options Chain 0.83 0.91 0.41 2.50 0.16 0.20 344 155 -0.25 -0.02 78.61 75.00 6/18/2026 Yes 10 69 None
EPD Enterprise Products Partners L P Options Chain 0.45 0.65 0.16 1.00 0.16 0.19 20 1 -0.29 -0.01 38.79 37.00 6/18/2026 Yes 10 68 None
MRK Merck & Co Inc Options Chain 1.59 1.71 0.78 5.00 0.16 0.34 1382 1438 -0.21 -0.05 110.74 100.00 6/18/2026 Yes 9 65 None
OKE Oneok Inc Options Chain 1.35 1.50 0.78 5.00 0.16 0.29 31 24 -0.22 -0.02 88.56 85.00 6/18/2026 Yes 11 74 None
DVN Devon Energy Corp Options Chain 0.86 0.93 0.39 2.50 0.16 0.41 134 16 -0.20 -0.02 51.08 45.00 6/18/2026 Yes 7 53 None
GPN Global Payments Inc Options Chain 1.95 2.15 0.75 5.00 0.15 0.52 10 2 -0.26 -0.05 70.97 65.00 6/18/2026 Yes 11 67 None
F Ford Motor Company Options Chain 0.22 0.23 0.15 1.00 0.15 0.32 645 163 -0.26 0.00 12.24 11.00 6/18/2026 Yes 8 48 None