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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EQNR | Equinor ASA | Options Chain | 1.05 | 1.25 | 0.40 | 1.00 | 0.40 | 0.40 | 11 | 3 | -0.28 | -0.02 | 41.15 | 39.00 | 11/20/2026 | Yes | 10 | 50 | None | |
| ACN | Accenture plc - Class A | Options Chain | 5.40 | 6.80 | 1.75 | 5.00 | 0.35 | 0.44 | 71 | 90 | -0.27 | -0.11 | 184.20 | 195.00 | 11/20/2026 | Yes | 17 | 69 | None | |
| GLW | Corning Inc | Options Chain | 6.90 | 7.30 | 1.60 | 5.00 | 0.32 | 0.61 | 65 | 147 | -0.28 | -0.13 | 154.11 | 145.00 | 11/20/2026 | Yes | 10 | 54 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.20 | 1.30 | 0.76 | 2.50 | 0.30 | 0.48 | 1739 | 4016 | -0.29 | -0.03 | 35.34 | 32.50 | 11/20/2026 | Yes | 14 | 61 | None | |
| AVGO | Broadcom Inc | Options Chain | 7.15 | 7.60 | 1.50 | 5.00 | 0.30 | 0.37 | 130 | 162 | -0.28 | -0.22 | 353.00 | 325.00 | 11/6/2026 | No | 10 | 65 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.60 | 12.45 | 1.48 | 5.00 | 0.30 | 0.34 | 11 | 143 | -0.29 | -0.31 | 514.38 | 490.00 | 11/6/2026 | Yes | 13 | 72 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.45 | 7.75 | 1.47 | 5.00 | 0.29 | 0.42 | 45 | 39 | -0.29 | -0.13 | 220.10 | 210.00 | 11/20/2026 | Yes | 12 | 74 | None | |
| VST | Vistra Corp | Options Chain | 4.95 | 5.10 | 1.45 | 5.00 | 0.29 | 0.47 | 70 | 38 | -0.29 | -0.10 | 139.57 | 130.00 | 11/20/2026 | Yes | 8 | 61 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 13.30 | 14.10 | 2.85 | 10.00 | 0.29 | 0.51 | 31 | 26 | -0.26 | -0.28 | 395.42 | 380.00 | 11/20/2026 | Yes | 12 | 61 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.70 | 6.30 | 1.42 | 5.00 | 0.28 | 0.52 | 79 | 53 | -0.26 | -0.13 | 184.53 | 165.00 | 11/20/2026 | Yes | 10 | 63 | None | |
| ORCL | Oracle Corp | Options Chain | 4.65 | 4.85 | 1.42 | 5.00 | 0.28 | 0.52 | 251 | 795 | -0.27 | -0.09 | 137.00 | 125.00 | 11/20/2026 | No | 9 | 62 | None | |
| AZN | Astrazeneca plc | Options Chain | 3.70 | 4.30 | 1.42 | 5.00 | 0.28 | 0.33 | 20 | 20 | -0.30 | -0.08 | 161.82 | 150.00 | 11/20/2026 | Yes | 14 | 69 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.15 | 2.35 | 0.70 | 2.50 | 0.28 | 0.36 | 11 | 5 | -0.29 | -0.04 | 85.49 | 80.00 | 11/20/2026 | Yes | 9 | 58 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.54 | 1.73 | 0.70 | 2.50 | 0.28 | 0.36 | 29 | 62 | -0.30 | -0.03 | 62.88 | 57.50 | 11/20/2026 | Yes | 11 | 61 | None | |
| CRM | Salesforce Inc | Options Chain | 6.45 | 6.80 | 2.70 | 10.00 | 0.27 | 0.41 | 80 | 347 | -0.28 | -0.15 | 229.40 | 220.00 | 11/20/2026 | No | 15 | 70 | None | |
| COST | Costco Wholesale Corp | Options Chain | 11.95 | 13.75 | 1.32 | 5.00 | 0.26 | 0.20 | 11 | 21 | -0.29 | -0.31 | 910.34 | 885.00 | 11/20/2026 | No | 15 | 62 | None | |
| TGT | Target Corp | Options Chain | 4.00 | 4.60 | 1.31 | 5.00 | 0.26 | 0.40 | 14 | 594 | -0.28 | -0.07 | 157.19 | 145.00 | 11/20/2026 | Yes | 15 | 72 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.68 | 2.23 | 0.65 | 2.50 | 0.26 | 0.47 | 8 | 100 | -0.25 | -0.04 | 69.94 | 62.50 | 11/20/2026 | Yes | 10 | 58 | None | |
| HPQ | HP Inc | Options Chain | 0.87 | 0.97 | 0.26 | 1.00 | 0.26 | 0.47 | 446 | 822 | -0.27 | -0.02 | 31.37 | 29.00 | 11/20/2026 | No | 10 | 46 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.35 | 3.60 | 1.29 | 5.00 | 0.26 | 0.30 | 182 | 142 | -0.29 | -0.06 | 162.75 | 155.00 | 11/20/2026 | Yes | 11 | 66 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.40 | 6.00 | 1.27 | 5.00 | 0.25 | 0.27 | 284 | 64 | -0.26 | -0.11 | 331.71 | 315.00 | 11/20/2026 | Yes | 12 | 80 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.40 | 9.80 | 2.52 | 10.00 | 0.25 | 0.34 | 78 | 99 | -0.25 | -0.23 | 457.33 | 430.00 | 11/20/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| UNH | Unitedhealth Group Inc | Options Chain | 8.35 | 8.75 | 2.52 | 10.00 | 0.25 | 0.37 | 284 | 370 | -0.26 | -0.20 | 367.80 | 340.00 | 11/20/2026 | Yes | 13 | 65 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.68 | 0.78 | 0.25 | 1.00 | 0.25 | 0.26 | 25 | 53 | -0.23 | -0.01 | 46.05 | 43.00 | 11/20/2026 | Yes | 10 | 73 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.55 | 1.95 | 0.25 | 1.00 | 0.25 | 0.49 | 0 | 27 | -0.30 | -0.03 | 45.59 | 42.00 | 11/20/2026 | Yes | 14 | 55 | None | |
| CVX | Chevron Corp | Options Chain | 3.70 | 4.05 | 1.23 | 5.00 | 0.25 | 0.30 | 17 | 62 | -0.27 | -0.08 | 204.44 | 195.00 | 11/20/2026 | Yes | 13 | 77 | None | |
| APO | Apollo Global Management Inc | Options Chain | 2.55 | 3.40 | 1.20 | 5.00 | 0.24 | 0.41 | 3 | 199 | -0.27 | -0.07 | 116.06 | 105.00 | 11/20/2026 | Yes | 13 | 66 | None | |
| MS | Morgan Stanley | Options Chain | 3.90 | 4.30 | 1.20 | 5.00 | 0.24 | 0.34 | 33 | 212 | -0.27 | -0.08 | 188.08 | 175.00 | 11/20/2026 | Yes | 9 | 67 | None | |
| C | Citigroup Inc | Options Chain | 2.88 | 3.20 | 1.20 | 5.00 | 0.24 | 0.32 | 628 | 1642 | -0.30 | -0.05 | 130.08 | 120.00 | 11/20/2026 | Yes | 17 | 78 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.03 | 2.46 | 0.60 | 2.50 | 0.24 | 0.42 | 10 | 22 | -0.26 | -0.05 | 83.59 | 77.50 | 11/20/2026 | Yes | 13 | 67 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.52 | 0.60 | 0.24 | 1.00 | 0.24 | 0.26 | 11 | 2 | -0.29 | -0.01 | 30.15 | 29.00 | 11/20/2026 | Yes | 10 | 59 | None | |
| T | AT&T Inc | Options Chain | 0.48 | 0.54 | 0.23 | 1.00 | 0.23 | 0.29 | 53 | 87 | -0.29 | -0.01 | 24.43 | 23.00 | 11/20/2026 | Yes | 11 | 58 | None | |
| NVO | Novo Nordisk | Options Chain | 0.95 | 0.97 | 0.57 | 2.50 | 0.23 | 0.38 | 91 | 72 | -0.28 | -0.02 | 37.93 | 35.00 | 11/20/2026 | Yes | 11 | 50 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.00 | 3.25 | 1.12 | 5.00 | 0.22 | 0.24 | 664 | 113 | -0.24 | -0.09 | 231.39 | 220.00 | 11/20/2026 | Yes | 9 | 52 | None | |
| XYL | Xylem Inc | Options Chain | 2.15 | 2.75 | 1.12 | 5.00 | 0.22 | 0.34 | 2 | 1 | -0.30 | -0.05 | 101.73 | 95.00 | 11/20/2026 | Yes | 15 | 62 | None | |
| APA | APA Corporation | Options Chain | 1.44 | 1.61 | 0.56 | 2.50 | 0.22 | 0.47 | 1 | 0 | -0.30 | -0.03 | 41.94 | 40.00 | 11/20/2026 | Yes | 10 | 61 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.25 | 2.55 | 0.55 | 2.50 | 0.22 | 0.47 | 59 | 84 | -0.25 | -0.05 | 84.60 | 77.50 | 11/20/2026 | Yes | 8 | 55 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.54 | 2.73 | 1.08 | 5.00 | 0.22 | 0.38 | 150 | 118 | -0.28 | -0.05 | 107.69 | 100.00 | 11/20/2026 | Yes | 10 | 67 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.41 | 1.64 | 0.54 | 2.50 | 0.22 | 0.31 | 2629 | 166 | -0.26 | -0.03 | 80.19 | 75.00 | 11/20/2026 | Yes | 16 | 74 | None | |
| MDT | Medtronic Plc | Options Chain | 1.04 | 1.40 | 0.53 | 2.50 | 0.21 | 0.29 | 258 | 9 | -0.25 | -0.03 | 86.75 | 80.00 | 11/20/2026 | Yes | 15 | 71 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.30 | 1.65 | 0.53 | 2.50 | 0.21 | 0.44 | 2 | 2 | -0.25 | -0.03 | 57.52 | 52.50 | 11/20/2026 | Yes | 9 | 57 | None | |
| HD | Home Depot Inc | Options Chain | 4.80 | 5.50 | 1.05 | 5.00 | 0.21 | 0.31 | 130 | 169 | -0.25 | -0.12 | 284.93 | 265.00 | 11/20/2026 | Yes | 11 | 62 | None | |
| PEP | PepsiCo Inc | Options Chain | 1.87 | 1.90 | 1.02 | 5.00 | 0.20 | 0.24 | 111 | 713 | -0.26 | -0.05 | 126.72 | 120.00 | 11/20/2026 | Yes | 13 | 65 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.81 | 1.90 | 1.01 | 5.00 | 0.20 | 0.61 | 658 | 232 | -0.21 | -0.04 | 64.38 | 55.00 | 11/20/2026 | No | 9 | 54 | None | |
| BCS | Barclays plc | Options Chain | 0.55 | 0.65 | 0.20 | 1.00 | 0.20 | 0.39 | 23 | 5 | -0.26 | -0.01 | 24.27 | 22.00 | 11/20/2026 | Yes | 15 | 57 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.70 | 0.95 | 0.20 | 1.00 | 0.20 | 0.34 | 12 | 24 | -0.26 | -0.01 | 38.00 | 35.00 | 11/20/2026 | Yes | 11 | 70 | None | |
| KO | Coca-Cola Company | Options Chain | 1.09 | 1.18 | 0.49 | 2.50 | 0.20 | 0.22 | 126 | 126 | -0.26 | -0.03 | 86.08 | 82.50 | 11/20/2026 | Yes | 11 | 67 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.92 | 1.03 | 0.48 | 2.50 | 0.19 | 0.37 | 132 | 48 | -0.21 | -0.03 | 55.36 | 52.50 | 11/20/2026 | Yes | 10 | 55 | None | |
| OKE | Oneok Inc | Options Chain | 1.40 | 1.55 | 0.93 | 5.00 | 0.19 | 0.33 | 4 | 15 | -0.23 | -0.03 | 85.27 | 80.00 | 11/20/2026 | Yes | 11 | 65 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.58 | 1.91 | 0.46 | 2.50 | 0.18 | 0.29 | 7 | 74 | -0.26 | -0.04 | 97.88 | 92.50 | 11/20/2026 | Yes | 12 | 63 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.65 | 2.05 | 0.45 | 2.50 | 0.18 | 0.50 | 9 | 4 | -0.25 | -0.04 | 57.44 | 55.00 | 11/20/2026 | Yes | 15 | 69 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.75 | 0.85 | 0.18 | 1.00 | 0.18 | 0.30 | 547 | 710 | -0.22 | -0.02 | 54.57 | 50.00 | 11/20/2026 | Yes | 10 | 65 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.45 | 0.18 | 1.00 | 0.18 | 0.28 | 6 | 2 | -0.28 | -0.01 | 20.06 | 19.00 | 11/20/2026 | Yes | 10 | 59 | None | |
| INFY | Infosys Ltd | Options Chain | 0.20 | 0.30 | 0.17 | 1.00 | 0.17 | 0.45 | 674 | 11 | -0.21 | 0.00 | 10.66 | 10.00 | 11/20/2026 | Yes | 15 | 53 | None | |
| PCG | PG&E Corp | Options Chain | 0.28 | 0.36 | 0.17 | 1.00 | 0.17 | 0.47 | 24 | 0 | -0.23 | -0.01 | 12.18 | 11.00 | 11/20/2026 | Yes | 9 | 51 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.20 | 0.40 | 0.17 | 1.00 | 0.17 | 0.36 | 3 | 27 | -0.24 | -0.01 | 15.38 | 14.00 | 11/20/2026 | Yes | 10 | 58 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.36 | 0.55 | 0.17 | 1.00 | 0.17 | 0.19 | 2 | 2 | -0.27 | -0.01 | 35.75 | 34.00 | 11/20/2026 | Yes | 12 | 67 | None | |
| QSR | Restaurant Brands International Inc | Options Chain | 0.75 | 1.10 | 0.40 | 2.50 | 0.16 | 0.28 | 5 | 1 | -0.21 | -0.03 | 71.08 | 65.00 | 11/20/2026 | Yes | 8 | 61 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.70 | 0.75 | 0.40 | 2.50 | 0.16 | 0.32 | 69 | 25 | -0.22 | -0.01 | 46.40 | 42.50 | 11/20/2026 | Yes | 11 | 69 | None | |
| MET | Metlife Inc | Options Chain | 1.10 | 1.60 | 0.40 | 2.50 | 0.16 | 0.28 | 2 | 9 | -0.23 | -0.03 | 94.16 | 87.50 | 11/20/2026 | Yes | 15 | 60 | None | |
| F | Ford Motor Company | Options Chain | 0.23 | 0.25 | 0.16 | 1.00 | 0.16 | 0.40 | 212 | 139 | -0.21 | 0.00 | 12.06 | 11.00 | 11/20/2026 | Yes | 9 | 51 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.51 | 1.67 | 0.79 | 5.00 | 0.16 | 0.24 | 71 | 49 | -0.23 | -0.04 | 145.66 | 135.00 | 11/20/2026 | Yes | 9 | 72 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.69 | 0.80 | 0.38 | 2.50 | 0.15 | 0.37 | 46 | 10 | -0.20 | -0.02 | 45.96 | 42.50 | 11/20/2026 | Yes | 13 | 66 | None |