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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DELL | Dell Technologies Inc - Class C | Options Chain | 28.15 | 29.00 | 3.73 | 10.00 | 0.37 | 0.70 | 39 | 35 | -0.30 | -0.44 | 456.44 | 430.00 | 12/18/2026 | No | 14 | 59 | None | |
| AMAT | Applied Materials Inc | Options Chain | 17.15 | 18.95 | 3.55 | 10.00 | 0.35 | 0.56 | 65 | 9 | -0.30 | -0.30 | 377.24 | 360.00 | 12/18/2026 | Yes | 16 | 68 |
Dividend Stock List |
|
| HPQ | HP Inc | Options Chain | 1.31 | 1.48 | 0.35 | 1.00 | 0.35 | 0.53 | 11 | 22 | -0.30 | -0.02 | 33.64 | 31.00 | 12/18/2026 | No | 10 | 46 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.26 | 2.46 | 0.34 | 1.00 | 0.34 | 0.70 | 372 | 141 | -0.22 | -0.05 | 56.69 | 50.00 | 12/18/2026 | No | 12 | 59 | None | |
| ORCL | Oracle Corp | Options Chain | 6.70 | 6.85 | 1.70 | 5.00 | 0.34 | 0.65 | 222 | 862 | -0.30 | -0.11 | 126.16 | 115.00 | 12/18/2026 | No | 13 | 73 | None | |
| QCOM | Qualcomm Inc | Options Chain | 7.00 | 7.45 | 1.65 | 5.00 | 0.33 | 0.51 | 37 | 41 | -0.30 | -0.12 | 175.73 | 165.00 | 12/18/2026 | No | 12 | 70 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.35 | 6.70 | 1.58 | 5.00 | 0.32 | 0.34 | 63 | 80 | -0.26 | -0.10 | 253.56 | 235.00 | 12/18/2026 | No | 9 | 67 | None | |
| MSFT | Microsoft Corporation | Options Chain | 12.55 | 13.05 | 1.55 | 5.00 | 0.31 | 0.32 | 45 | 689 | -0.29 | -0.24 | 524.51 | 505.00 | 12/18/2026 | No | 11 | 66 | None | |
| NRG | NRG Energy Inc | Options Chain | 3.60 | 4.10 | 1.55 | 5.00 | 0.31 | 0.54 | 7 | 20 | -0.29 | -0.06 | 92.31 | 85.00 | 12/18/2026 | No | 9 | 64 | None | |
| VST | Vistra Corp | Options Chain | 4.90 | 5.35 | 1.50 | 5.00 | 0.30 | 0.50 | 97 | 9 | -0.26 | -0.10 | 140.16 | 130.00 | 12/18/2026 | No | 8 | 60 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.00 | 2.30 | 0.75 | 2.50 | 0.30 | 0.34 | 14 | 1 | -0.30 | -0.04 | 77.85 | 75.00 | 12/18/2026 | Yes | 10 | 59 | None | |
| PCAR | Paccar Inc | Options Chain | 1.85 | 3.50 | 1.05 | 3.60 | 0.29 | 0.35 | 3 | 1 | -0.29 | -0.05 | 104.66 | 98.60 | 12/18/2026 | No | 11 | 62 | None | |
| PCG | PG&E Corp | Options Chain | 0.48 | 0.60 | 0.29 | 1.00 | 0.29 | 0.50 | 87 | 695 | -0.30 | -0.01 | 12.60 | 12.00 | 12/18/2026 | No | 13 | 63 | None | |
| MCD | McDonald`s Corp | Options Chain | 4.40 | 4.85 | 1.40 | 5.00 | 0.28 | 0.24 | 62 | 79 | -0.30 | -0.07 | 248.46 | 240.00 | 12/18/2026 | No | 9 | 59 | None | |
| APA | APA Corporation | Options Chain | 1.77 | 1.89 | 0.70 | 2.50 | 0.28 | 0.49 | 4 | 128 | -0.28 | -0.03 | 51.90 | 47.50 | 12/18/2026 | Yes | 14 | 73 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.65 | 2.80 | 0.70 | 2.50 | 0.28 | 0.47 | 7 | 7 | -0.29 | -0.05 | 74.09 | 70.00 | 12/18/2026 | Yes | 9 | 59 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 2.05 | 2.30 | 0.70 | 2.50 | 0.28 | 0.42 | 6 | 2 | -0.29 | -0.03 | 66.45 | 62.50 | 12/18/2026 | No | 9 | 55 | None | |
| GE | General Electric Company | Options Chain | 5.90 | 6.80 | 2.77 | 10.00 | 0.28 | 0.34 | 52 | 179 | -0.26 | -0.13 | 285.64 | 270.00 | 12/18/2026 | No | 8 | 60 | None | |
| NUE | Nucor Corp | Options Chain | 6.00 | 9.00 | 2.70 | 10.00 | 0.27 | 0.40 | 8 | 26 | -0.28 | -0.16 | 258.11 | 240.00 | 12/18/2026 | No | 13 | 62 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.60 | 0.27 | 1.00 | 0.27 | 0.26 | 24 | 0 | -0.27 | -0.01 | 21.08 | 20.00 | 12/18/2026 | No | 15 | 67 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 6.90 | 9.00 | 2.65 | 10.00 | 0.27 | 0.52 | 1 | 37 | -0.24 | -0.15 | 234.92 | 220.00 | 12/18/2026 | No | 14 | 74 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.80 | 10.95 | 2.58 | 10.00 | 0.26 | 0.36 | 6134 | 370 | -0.28 | -0.21 | 417.49 | 400.00 | 12/18/2026 | No | 23 | 68 |
Dividend Stock List |
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| FCX | Freeport-McMoRan Inc | Options Chain | 2.02 | 2.25 | 1.28 | 5.00 | 0.26 | 0.46 | 221 | 930 | -0.27 | -0.04 | 65.18 | 60.00 | 12/18/2026 | No | 10 | 58 | None | |
| CVX | Chevron Corp | Options Chain | 5.05 | 5.35 | 2.55 | 10.00 | 0.26 | 0.29 | 135 | 166 | -0.29 | -0.08 | 233.21 | 220.00 | 12/18/2026 | No | 13 | 76 | None | |
| AZN | Astrazeneca plc | Options Chain | 3.60 | 4.00 | 1.27 | 5.00 | 0.25 | 0.33 | 300 | 12 | -0.26 | -0.08 | 171.49 | 160.00 | 12/18/2026 | Yes | 13 | 68 | None | |
| AA | Alcoa Corp | Options Chain | 1.03 | 1.15 | 0.50 | 2.00 | 0.25 | 0.45 | 407 | 78 | -0.26 | -0.02 | 37.91 | 35.00 | 12/18/2026 | No | 20 | 49 | None | |
| VTRS | Viatris Inc | Options Chain | 0.40 | 0.60 | 0.25 | 1.00 | 0.25 | 0.38 | 0 | 123 | -0.28 | -0.01 | 18.00 | 17.00 | 12/18/2026 | No | 6 | 52 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.75 | 0.80 | 0.25 | 1.00 | 0.25 | 0.26 | 126 | 540 | -0.28 | -0.02 | 44.66 | 41.00 | 12/18/2026 | No | 10 | 73 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.14 | 1.20 | 0.61 | 2.50 | 0.24 | 0.42 | 118 | 141 | -0.29 | -0.02 | 37.30 | 35.00 | 12/18/2026 | No | 13 | 58 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.57 | 1.75 | 0.61 | 2.50 | 0.24 | 0.35 | 33 | 231 | -0.30 | -0.03 | 64.12 | 60.00 | 12/18/2026 | No | 12 | 70 | None | |
| TGT | Target Corp | Options Chain | 3.40 | 3.70 | 1.21 | 5.00 | 0.24 | 0.40 | 56 | 10 | -0.25 | -0.07 | 152.90 | 135.00 | 12/18/2026 | No | 15 | 72 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.70 | 5.80 | 1.20 | 5.00 | 0.24 | 0.23 | 107 | 37 | -0.26 | -0.12 | 331.58 | 320.00 | 12/18/2026 | No | 10 | 78 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.72 | 2.87 | 0.60 | 2.50 | 0.24 | 0.43 | 100 | 26 | -0.24 | -0.06 | 106.50 | 100.00 | 12/18/2026 | No | 10 | 67 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.32 | 1.37 | 0.60 | 2.50 | 0.24 | 0.33 | 15 | 13 | -0.26 | -0.03 | 61.48 | 57.50 | 12/18/2026 | Yes | 16 | 70 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.03 | 2.17 | 0.60 | 2.50 | 0.24 | 0.42 | 11 | 54 | -0.26 | -0.04 | 76.78 | 72.50 | 12/18/2026 | No | 12 | 66 | None | |
| C | Citigroup Inc | Options Chain | 2.64 | 2.82 | 1.19 | 5.00 | 0.24 | 0.30 | 30 | 381 | -0.30 | -0.05 | 120.62 | 115.00 | 12/18/2026 | No | 17 | 79 | None | |
| GLW | Corning Inc | Options Chain | 5.30 | 5.65 | 1.18 | 5.00 | 0.24 | 0.57 | 198 | 113 | -0.27 | -0.09 | 123.69 | 115.00 | 12/18/2026 | No | 8 | 52 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.98 | 1.32 | 0.59 | 2.50 | 0.24 | 0.24 | 12 | 13 | -0.29 | -0.02 | 59.34 | 57.50 | 12/18/2026 | No | 15 | 74 | None | |
| CRM | Salesforce Inc | Options Chain | 7.05 | 7.25 | 2.35 | 10.00 | 0.24 | 0.49 | 59 | 19 | -0.24 | -0.15 | 248.57 | 220.00 | 12/18/2026 | No | 15 | 70 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.25 | 1.31 | 0.58 | 2.50 | 0.23 | 0.39 | 41 | 48 | -0.27 | -0.03 | 51.39 | 47.50 | 12/18/2026 | No | 13 | 65 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.54 | 1.81 | 0.58 | 2.50 | 0.23 | 0.28 | 44 | 3 | -0.27 | -0.03 | 90.50 | 85.00 | 12/18/2026 | No | 16 | 71 | None | |
| FAST | Fastenal Company | Options Chain | 0.40 | 1.35 | 0.58 | 2.50 | 0.23 | 0.26 | 1 | 1 | -0.29 | -0.02 | 51.91 | 50.00 | 12/18/2026 | No | 13 | 53 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.89 | 0.93 | 0.23 | 1.00 | 0.23 | 0.26 | 312 | 73 | -0.27 | -0.02 | 50.56 | 48.00 | 12/18/2026 | No | 12 | 74 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.00 | 7.30 | 2.27 | 10.00 | 0.23 | 0.30 | 79 | 54 | -0.24 | -0.15 | 418.62 | 380.00 | 12/18/2026 | No | 10 | 58 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.50 | 0.90 | 0.22 | 1.00 | 0.22 | 0.25 | 1 | 0 | -0.26 | -0.01 | 44.26 | 42.00 | 12/18/2026 | No | 16 | 68 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.50 | 0.61 | 0.22 | 1.00 | 0.22 | 0.26 | 42 | 84 | -0.26 | -0.01 | 34.43 | 32.00 | 12/18/2026 | No | 10 | 59 | None | |
| BCS | Barclays plc | Options Chain | 0.50 | 0.60 | 0.22 | 1.00 | 0.22 | 0.33 | 5 | 2 | -0.27 | -0.01 | 21.74 | 21.00 | 12/18/2026 | No | 18 | 58 | None | |
| HAS | Hasbro Inc | Options Chain | 0.65 | 4.00 | 1.08 | 5.00 | 0.22 | 0.32 | 1 | 2 | -0.28 | -0.04 | 117.44 | 110.00 | 12/18/2026 | No | 7 | 60 | None | |
| WCN | Waste Connections Inc | Options Chain | 2.75 | 3.20 | 1.05 | 5.00 | 0.21 | 0.22 | 1 | 2 | -0.30 | -0.06 | 186.60 | 180.00 | 12/18/2026 | No | 8 | 65 | None | |
| PG | Procter & Gamble Company | Options Chain | 2.09 | 2.28 | 1.03 | 5.00 | 0.21 | 0.19 | 197 | 322 | -0.29 | -0.05 | 160.91 | 155.00 | 12/18/2026 | No | 8 | 67 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.35 | 1.40 | 0.51 | 2.50 | 0.20 | 0.28 | 410 | 254 | -0.24 | -0.02 | 82.39 | 77.50 | 12/18/2026 | No | 15 | 74 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.80 | 2.91 | 1.01 | 5.00 | 0.20 | 0.30 | 417 | 90 | -0.23 | -0.06 | 183.21 | 170.00 | 12/18/2026 | No | 13 | 71 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.65 | 0.75 | 0.20 | 1.00 | 0.20 | 0.31 | 4 | 1 | -0.25 | -0.01 | 39.06 | 36.00 | 12/18/2026 | No | 15 | 78 | None | |
| RRC | Range Resources Corp | Options Chain | 1.05 | 1.35 | 0.20 | 1.00 | 0.20 | 0.32 | 17 | 1 | -0.29 | -0.02 | 45.05 | 50.00 | 12/18/2026 | No | 11 | 56 | None | |
| KO | Coca-Cola Company | Options Chain | 0.97 | 1.17 | 0.49 | 2.50 | 0.20 | 0.22 | 147 | 169 | -0.25 | -0.03 | 92.71 | 87.50 | 12/18/2026 | No | 9 | 61 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.65 | 3.95 | 1.94 | 10.00 | 0.19 | 0.26 | 210 | 100 | -0.25 | -0.08 | 263.81 | 250.00 | 12/18/2026 | No | 9 | 66 | None | |
| DUK | Duke Energy Corp | Options Chain | 1.65 | 1.80 | 0.95 | 5.00 | 0.19 | 0.19 | 9 | 9 | -0.30 | -0.03 | 124.98 | 120.00 | 12/18/2026 | No | 10 | 75 | None | |
| EQT | EQT Corp | Options Chain | 0.90 | 0.96 | 0.47 | 2.50 | 0.19 | 0.33 | 73 | 21 | -0.22 | -0.02 | 55.63 | 50.00 | 12/18/2026 | No | 11 | 60 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.20 | 1.60 | 0.47 | 2.50 | 0.19 | 0.32 | 143 | 37 | -0.23 | -0.04 | 83.49 | 77.50 | 12/18/2026 | No | 14 | 74 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.40 | 0.47 | 0.18 | 1.00 | 0.18 | 0.19 | 10 | 1 | -0.19 | 0.00 | 37.08 | 35.00 | 12/18/2026 | No | 12 | 68 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.35 | 0.36 | 0.18 | 1.00 | 0.18 | 0.35 | 27 | 41 | -0.22 | -0.01 | 22.80 | 20.00 | 12/18/2026 | No | 15 | 68 | None | |
| BRO | Brown & Brown Inc | Options Chain | 1.10 | 1.65 | 0.85 | 5.00 | 0.17 | 0.36 | 1 | 0 | -0.24 | -0.03 | 72.97 | 65.00 | 12/18/2026 | No | 11 | 66 | None | |
| TD | Toronto Dominion Bank | Options Chain | 1.75 | 1.95 | 0.82 | 5.00 | 0.16 | 0.23 | 35 | 2 | -0.27 | -0.05 | 124.61 | 120.00 | 12/18/2026 | No | 14 | 75 | None | |
| WMT | Walmart Inc | Options Chain | 1.60 | 1.69 | 0.81 | 5.00 | 0.16 | 0.30 | 297 | 145 | -0.21 | -0.04 | 119.89 | 110.00 | 12/18/2026 | No | 9 | 57 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 0.90 | 1.00 | 0.47 | 3.00 | 0.16 | 0.39 | 23 | 0 | -0.20 | -0.02 | 55.86 | 50.00 | 12/18/2026 | Yes | 14 | 68 | None | |
| MKC | McCormick & Co. Inc (Non Voting) | Options Chain | 0.90 | 1.05 | 0.78 | 5.00 | 0.16 | 0.32 | 11 | 0 | -0.25 | -0.02 | 48.19 | 45.00 | 12/18/2026 | No | 8 | 54 | None | |
| NVO | Novo Nordisk | Options Chain | 0.56 | 0.66 | 0.38 | 2.50 | 0.15 | 0.37 | 38 | 41 | -0.19 | -0.02 | 39.05 | 35.00 | 12/18/2026 | No | 14 | 59 | None |