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.

Download as spreadsheet Download

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 9.75 12.35 1.40 2.50 0.56 0.76 5 40 -0.29 -0.21 198.24 177.50 6/26/2026 No 8 52 None
DOW Dow Inc Options Chain 0.96 1.68 0.43 1.00 0.43 0.51 1 0 -0.27 -0.02 38.76 36.00 6/26/2026 No 6 49 None
QCOM Qualcomm Inc Options Chain 10.80 11.80 1.05 2.50 0.42 0.71 17 1 -0.30 -0.20 210.31 190.00 6/26/2026 No 14 71 None
SCHW Charles Schwab Corp Options Chain 1.57 2.52 0.42 1.00 0.42 0.32 1 0 -0.29 -0.04 90.18 86.00 6/26/2026 No 15 69 None
NVO Novo Nordisk Options Chain 0.92 1.67 0.39 1.00 0.39 0.39 8 2 -0.29 -0.02 46.37 44.00 6/26/2026 No 13 54 None
LUV Southwest Airlines Company Options Chain 1.07 1.50 0.38 1.00 0.38 0.50 0 1 -0.27 -0.02 39.48 36.00 6/26/2026 No 12 62 None
CMCSA Comcast Corp - Class A Options Chain 0.30 1.00 0.38 1.00 0.38 0.34 2 8 -0.30 -0.02 24.90 24.00 6/26/2026 No 15 61 None
WFC Wells Fargo & Company Options Chain 1.22 1.97 0.37 1.00 0.37 0.34 4 26 -0.28 -0.04 75.18 71.00 6/26/2026 No 13 73 None
HAL Halliburton Company Options Chain 0.91 1.37 0.37 1.00 0.37 0.39 0 1 -0.29 -0.02 41.70 39.00 6/26/2026 No 10 56 None
DELL Dell Technologies Inc - Class C Options Chain 11.05 13.55 1.82 5.00 0.36 0.71 3 15 -0.29 -0.24 247.04 215.00 6/26/2026 Yes 15 59 None
ORCL Oracle Corp Options Chain 8.80 9.80 0.87 2.50 0.35 0.66 27 9 -0.30 -0.17 193.50 170.00 6/26/2026 Yes 9 66 None
OXY Occidental Petroleum Corp Options Chain 1.26 1.65 0.34 1.00 0.34 0.37 1 7 -0.30 -0.03 56.27 53.00 6/26/2026 No 7 50 None
HPQ HP Inc Options Chain 0.64 0.90 0.17 0.50 0.34 0.56 1 0 -0.27 -0.01 21.08 19.00 6/26/2026 Yes 13 50 None
ABT Abbott Laboratories Options Chain 1.20 2.15 0.33 1.00 0.33 0.31 20 0 -0.28 -0.05 84.35 80.00 6/26/2026 No 11 64 None
BMY Bristol-Myers Squibb Company Options Chain 0.71 1.23 0.32 1.00 0.32 0.26 1 1 -0.29 -0.02 56.45 54.00 6/26/2026 No 15 61 None
AVGO Broadcom Inc Options Chain 13.85 16.25 1.55 5.00 0.31 0.52 186 7 -0.28 -0.31 419.30 385.00 6/26/2026 Yes 9 62 None
CSCO Cisco Systems Inc Options Chain 2.00 3.05 0.31 1.00 0.31 0.40 8 2 -0.28 -0.05 99.42 92.00 6/26/2026 Yes 9 64 None
TSM Taiwan Semiconductor Manufacturing Options Chain 10.35 12.30 1.53 5.00 0.31 0.43 29 64 -0.29 -0.25 397.28 370.00 6/26/2026 No 20 61
Dividend Stock List
EXC Exelon Corp Options Chain 0.40 0.85 0.30 1.00 0.30 0.24 11 2 -0.27 -0.01 44.73 43.00 6/18/2026 No 11 65 None
TGT Target Corp Options Chain 3.05 4.30 0.30 1.00 0.30 0.43 0 2 -0.29 -0.06 121.80 113.00 6/26/2026 Yes 9 55 None
IBM International Business Machines Corp Options Chain 3.45 5.00 1.47 5.00 0.29 0.34 10 10 -0.25 -0.11 219.22 205.00 6/26/2026 No 14 72 None
APH Amphenol Corp - Class A Options Chain 4.00 4.40 1.47 5.00 0.29 0.49 126 161 -0.30 -0.10 127.87 120.00 6/18/2026 No 8 58 None
SYF Synchrony Financial Options Chain 1.35 1.70 0.73 2.50 0.29 0.34 4 17 -0.29 -0.04 70.84 67.50 6/18/2026 No 15 73 None
DVN Devon Energy Corp Options Chain 1.06 1.30 0.29 1.00 0.29 0.36 0 5 -0.30 -0.02 46.77 44.00 6/26/2026 No 10 60 None
MCD McDonald`s Corp Options Chain 3.30 4.00 1.42 5.00 0.28 0.20 29 13 -0.29 -0.07 274.79 265.00 6/26/2026 No 12 68 None
MO Altria Group Inc Options Chain 0.69 1.30 0.28 1.00 0.28 0.25 1 0 -0.25 -0.02 69.89 66.00 6/26/2026 No 12 67 None
VZ Verizon Communications Inc Options Chain 0.40 0.75 0.28 1.00 0.28 0.21 6 34 -0.26 -0.02 47.93 46.00 6/26/2026 No 13 73 None
EPD Enterprise Products Partners L P Options Chain 0.31 0.79 0.28 1.00 0.28 0.21 0 320 -0.28 -0.01 38.16 37.00 6/26/2026 No 9 59 None
PR Permian Resources Corp - Class A Options Chain 0.40 0.65 0.28 1.00 0.28 0.41 300 1 -0.30 -0.01 20.39 19.00 6/18/2026 Yes 8 58 None
UNH Unitedhealth Group Inc Options Chain 7.30 9.10 1.35 5.00 0.27 0.31 61 18 -0.29 -0.15 396.39 375.00 6/26/2026 No 11 64 None
WMT Walmart Inc Options Chain 2.29 3.10 0.26 1.00 0.26 0.30 5 3 -0.29 -0.06 130.35 124.00 6/26/2026 Yes 8 58 None
CVE Cenovus Energy Inc Options Chain 0.65 0.85 0.25 1.00 0.25 0.42 10 1 -0.30 -0.02 29.13 28.00 6/18/2026 No 14 65 None
NXPI NXP Semiconductors NV Options Chain 6.40 6.90 2.35 10.00 0.24 0.44 48 41 -0.25 -0.17 294.23 270.00 6/18/2026 No 10 63 None
BWA BorgWarner Inc Options Chain 1.20 1.65 0.58 2.50 0.23 0.39 1881 1 -0.27 -0.04 63.74 60.00 6/18/2026 No 12 60 None
BAC Bank Of America Corp Options Chain 0.70 1.06 0.23 1.00 0.23 0.28 2 21 -0.27 -0.02 50.78 48.00 6/26/2026 No 13 74 None
MFC Manulife Financial Corp Options Chain 0.15 0.90 0.23 1.00 0.23 0.24 3 2 -0.27 -0.01 39.97 38.00 6/18/2026 Yes 14 75 None
FITB Fifth Third Bancorp Options Chain 0.70 0.95 0.23 1.00 0.23 0.31 3 0 -0.27 -0.02 48.63 46.00 6/18/2026 No 10 68 None
CLX Clorox Company Options Chain 1.70 1.90 1.10 5.00 0.22 0.33 143 138 -0.29 -0.05 89.11 85.00 6/18/2026 No 14 56 None
JPM JPMorgan Chase & Company Options Chain 4.30 5.40 1.05 5.00 0.21 0.27 2 36 -0.27 -0.13 304.88 290.00 6/26/2026 No 12 79 None
KMI Kinder Morgan Inc - Class P Options Chain 0.36 0.49 0.21 1.00 0.21 0.23 1 0 -0.27 -0.01 32.45 31.00 6/26/2026 No 11 67 None
BHP BHP Group Ltd Options Chain 1.40 1.85 0.50 2.50 0.20 0.36 158 18 -0.26 -0.05 88.32 82.50 6/18/2026 No 9 58 None
T AT&T Inc Options Chain 0.27 0.35 0.20 1.00 0.20 0.24 17 1 -0.25 -0.01 25.23 24.00 6/26/2026 No 9 58 None
EQNR Equinor ASA Options Chain 0.75 1.15 0.20 1.00 0.20 0.40 14 24 -0.29 -0.02 38.52 36.00 6/18/2026 No 10 58 None
F Ford Motor Company Options Chain 0.16 0.20 0.10 0.50 0.20 0.34 104 227 -0.20 0.00 11.99 11.00 6/26/2026 No 9 50 None
PCG PG&E Corp Options Chain 0.13 0.54 0.10 0.50 0.20 0.30 6 0 -0.29 -0.01 16.81 16.00 6/26/2026 No 13 59 None
XOM Exxon Mobil Corp Options Chain 1.89 2.45 0.98 5.00 0.20 0.29 733 702 -0.24 -0.05 150.63 140.00 6/26/2026 No 10 71 None
AZN Astrazeneca plc Options Chain 2.45 3.10 0.98 5.00 0.20 0.29 19 0 -0.25 -0.09 184.54 175.00 6/18/2026 No 13 67 None
KO Coca-Cola Company Options Chain 0.90 1.08 0.19 1.00 0.19 0.20 3 17 -0.28 -0.02 78.73 77.00 6/26/2026 No 9 63 None
ALLY Ally Financial Inc Options Chain 0.60 0.85 0.18 1.00 0.18 0.35 19 1 -0.25 -0.02 42.84 40.00 6/18/2026 No 11 68 None
BCS Barclays plc Options Chain 0.40 0.55 0.18 1.00 0.18 0.41 27 0 -0.25 -0.01 22.73 21.00 6/18/2026 No 15 61 None
ARMK Aramark Options Chain 0.40 0.75 0.18 1.00 0.18 0.25 0 10 -0.25 -0.02 48.41 46.00 6/18/2026 Yes 10 51 None
HBAN Huntington Bancshares Inc Options Chain 0.20 0.35 0.18 1.00 0.18 0.30 20 6 -0.29 -0.01 15.84 15.00 6/18/2026 No 9 58 None
KEY Keycorp Options Chain 0.30 0.40 0.17 1.00 0.17 0.30 284 8 -0.26 -0.01 21.28 20.00 6/18/2026 No 10 59 None
EC Ecopetrol SA Options Chain 0.25 0.35 0.17 1.00 0.17 0.42 12 2 -0.27 -0.01 13.08 12.00 6/18/2026 Yes 13 58 None
C Citigroup Inc Options Chain 2.57 3.35 0.17 1.00 0.17 0.34 28 24 -0.29 -0.07 126.44 120.00 6/26/2026 No 12 69 None
ZTS Zoetis Inc - Class A Options Chain 1.45 1.50 0.85 5.00 0.17 0.44 215 115 -0.22 -0.05 76.94 70.00 6/18/2026 No 14 63 None
RIO Rio Tinto plc Options Chain 1.20 1.85 0.38 2.50 0.15 0.37 107 4 -0.21 -0.06 109.50 100.00 6/18/2026 No 8 64 None
TJX TJX Companies Inc Options Chain 1.50 1.80 0.75 5.00 0.15 0.26 2 3 -0.21 -0.04 150.26 140.00 6/26/2026 Yes 13 60 None
GFI Gold Fields Ltd Options Chain 0.75 1.35 0.75 5.00 0.15 0.55 76 2 -0.22 -0.03 45.32 40.00 6/18/2026 No 11 56 None
CGNX Cognex Corp Options Chain 1.15 1.55 0.75 5.00 0.15 0.44 12 1 -0.24 -0.04 65.68 60.00 6/18/2026 No 13 57 None
INFY Infosys Ltd Options Chain 0.10 0.45 0.15 1.00 0.15 0.40 1 2 -0.21 0.00 12.05 11.00 6/18/2026 No 13 43 None
IVZ Invesco Ltd Options Chain 0.40 0.65 0.15 1.00 0.15 0.40 0 2 -0.22 -0.01 28.38 26.00 6/18/2026 No 7 56 None