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.
if (Model.CanViewPremiumContent)
{
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 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
MO | Altria Group Inc | Options Chain | 0.85 | 1.15 | 0.58 | 1.00 | 0.58 | 0.20 | 58 | 0 | -0.28 | -0.01 | 59.31 | 57.00 | 7/25/2025 | No | 12 | 68 | None | |
ORCL | Oracle Corp | Options Chain | 4.80 | 5.50 | 1.32 | 2.50 | 0.53 | 0.43 | 1 | 0 | -0.30 | -0.10 | 168.10 | 160.00 | 7/25/2025 | Yes | 10 | 63 | None | |
VZ | Verizon Communications Inc | Options Chain | 0.71 | 0.76 | 0.44 | 1.00 | 0.44 | 0.23 | 6 | 0 | -0.29 | -0.01 | 43.24 | 41.00 | 7/25/2025 | Yes | 14 | 72 | None | |
AAPL | Apple Inc | Options Chain | 4.90 | 6.15 | 1.96 | 5.00 | 0.39 | 0.31 | 4 | 2 | -0.30 | -0.10 | 202.82 | 195.00 | 7/25/2025 | No | 10 | 64 | None | |
AU | AngloGold Ashanti Plc. | Options Chain | 1.25 | 1.40 | 0.33 | 1.00 | 0.33 | 0.46 | 4 | 1 | -0.28 | -0.03 | 46.13 | 43.00 | 7/18/2025 | No | 17 | 65 | None | |
MSFT | Microsoft Corporation | Options Chain | 5.90 | 8.05 | 1.55 | 5.00 | 0.31 | 0.22 | 14 | 0 | -0.27 | -0.17 | 463.87 | 450.00 | 7/25/2025 | No | 13 | 68 | None | |
UNH | Unitedhealth Group Inc | Options Chain | 7.50 | 9.35 | 1.40 | 5.00 | 0.28 | 0.34 | 11 | 0 | -0.28 | -0.12 | 300.38 | 280.00 | 7/25/2025 | Yes | 14 | 69 | None | |
QCOM | Qualcomm Inc | Options Chain | 2.89 | 3.60 | 1.37 | 5.00 | 0.27 | 0.35 | 2 | 0 | -0.28 | -0.09 | 149.05 | 140.00 | 7/25/2025 | No | 14 | 67 | None | |
JCI | Johnson Controls International plc | Options Chain | 1.55 | 1.75 | 0.63 | 2.50 | 0.25 | 0.26 | 0 | 5 | -0.29 | -0.04 | 102.33 | 97.50 | 7/18/2025 | No | 10 | 63 | None | |
HPE | Hewlett Packard Enterprise Company | Options Chain | 0.34 | 0.53 | 0.12 | 0.50 | 0.24 | 0.39 | 5 | 0 | -0.27 | -0.01 | 17.84 | 16.50 | 7/25/2025 | No | 18 | 67 | None | |
CG | Carlyle Group Inc (The) | Options Chain | 1.10 | 1.20 | 0.55 | 2.50 | 0.22 | 0.40 | 17 | 5 | -0.29 | -0.03 | 45.09 | 42.50 | 7/18/2025 | No | 14 | 58 | None | |
BAC | Bank Of America Corp | Options Chain | 0.74 | 0.93 | 0.22 | 1.00 | 0.22 | 0.29 | 1 | 0 | -0.29 | -0.01 | 44.36 | 42.00 | 7/25/2025 | Yes | 12 | 71 | None | |
RIO | Rio Tinto plc | Options Chain | 1.05 | 1.20 | 0.53 | 2.50 | 0.21 | 0.26 | 36 | 12 | -0.30 | -0.03 | 58.55 | 57.50 | 7/18/2025 | No | 15 | 76 | None | |
FITB | Fifth Third Bancorp | Options Chain | 0.70 | 0.80 | 0.20 | 1.00 | 0.20 | 0.31 | 0 | 5 | -0.29 | -0.02 | 38.45 | 36.00 | 7/18/2025 | Yes | 10 | 65 | None | |
JPM | JPMorgan Chase & Company | Options Chain | 2.83 | 5.00 | 0.98 | 5.00 | 0.20 | 0.27 | 1 | 0 | -0.29 | -0.09 | 264.22 | 250.00 | 7/25/2025 | Yes | 14 | 78 | None | |
HAL | Halliburton Company | Options Chain | 0.34 | 0.44 | 0.19 | 1.00 | 0.19 | 1.23 | 0 | 1 | -0.24 | -0.01 | 20.01 | 18.00 | 7/25/2025 | No | 12 | 57 | None | |
CVX | Chevron Corp | Options Chain | 0.37 | 3.85 | 0.93 | 5.00 | 0.19 | 0.26 | 0 | 4 | -0.25 | -0.06 | 137.37 | 130.00 | 7/25/2025 | No | 12 | 77 | None | |
GFI | Gold Fields Ltd | Options Chain | 0.50 | 0.60 | 0.18 | 1.00 | 0.18 | 0.46 | 31 | 22 | -0.23 | -0.02 | 25.04 | 23.00 | 7/18/2025 | No | 13 | 58 | None | |
TD | Toronto Dominion Bank | Options Chain | 0.80 | 0.90 | 0.43 | 2.50 | 0.17 | 0.19 | 21 | 0 | -0.30 | -0.02 | 69.58 | 67.50 | 7/18/2025 | No | 13 | 83 | None | |
BHP | BHP Group Ltd | Options Chain | 0.75 | 0.80 | 0.38 | 2.50 | 0.15 | 0.28 | 35 | 5 | -0.26 | -0.02 | 49.10 | 47.50 | 7/18/2025 | No | 14 | 25 | None | |
VTRS | Viatris Inc | Options Chain | 0.15 | 0.25 | 0.15 | 1.00 | 0.15 | 0.41 | 33 | 0 | -0.25 | -0.01 | 8.59 | 8.00 | 7/18/2025 | No | 7 | 50 | None | |
RF | Regions Financial Corp | Options Chain | 0.30 | 0.40 | 0.15 | 1.00 | 0.15 | 0.33 | 0 | 3 | -0.25 | -0.01 | 21.30 | 20.00 | 7/18/2025 | Yes | 14 | 71 | None |
Premium Content Limit Reached
Hey, I am so glad you are enjoying my site! But I'm sorry, you have reached the limit of premium content you can access. Please subscribe below for free unlimited access for 30 days!
Subscribe now with a 30-day free trial!
Join Tim's Stock Lists and gain exclusive access to:
- Unlimited access to comprehensive stock and options lists and reports updated frequently
- Stock List spreadsheets delivered to your email inbox 2-3 times per week
- Real-time text alerts on options opportunities
- No more ads!
- In-depth stock fundamentals and technicals data
- Do your own slicing and dicing with the ability to download all lists and reports as spreadsheets
- Proprietary stock rating and safety algorithm engines to make more informed investments
- Extensive dividend metrics and analysis that can cost up to 10X more on other sites