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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COST | Costco Wholesale Corp | Options Chain | 17.15 | 18.95 | 2.02 | 5.00 | 0.40 | 0.23 | 4 | 47 | -0.30 | -0.35 | 934.20 | 915.00 | 10/16/2026 | Yes | 14 | 59 | None | |
| HPQ | HP Inc | Options Chain | 1.07 | 1.21 | 0.39 | 1.00 | 0.39 | 0.51 | 6 | 3 | -0.28 | -0.02 | 29.47 | 27.00 | 10/16/2026 | Yes | 14 | 54 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 25.50 | 27.55 | 3.60 | 10.00 | 0.36 | 0.75 | 80 | 38 | -0.28 | -0.41 | 442.08 | 390.00 | 10/16/2026 | Yes | 11 | 52 | None | |
| AU | AngloGold Ashanti Plc. | Options Chain | 3.90 | 7.00 | 1.72 | 5.00 | 0.34 | 0.56 | 12 | 10 | -0.29 | -0.10 | 121.22 | 110.00 | 10/16/2026 | No | 22 | 73 |
Dividend Stock List |
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| GLW | Corning Inc | Options Chain | 7.20 | 7.65 | 1.70 | 5.00 | 0.34 | 0.62 | 428 | 55 | -0.29 | -0.12 | 151.65 | 135.00 | 10/16/2026 | No | 9 | 54 | None | |
| CRM | Salesforce Inc | Options Chain | 6.25 | 7.10 | 1.68 | 5.00 | 0.34 | 0.47 | 31 | 40 | -0.26 | -0.12 | 209.17 | 190.00 | 10/16/2026 | Yes | 15 | 70 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.79 | 0.95 | 0.33 | 1.00 | 0.33 | 0.24 | 130 | 75 | -0.30 | -0.01 | 49.19 | 47.00 | 10/16/2026 | No | 9 | 73 | None | |
| ORCL | Oracle Corp | Options Chain | 6.65 | 7.40 | 1.65 | 5.00 | 0.33 | 0.65 | 188 | 182 | -0.27 | -0.11 | 142.07 | 130.00 | 10/16/2026 | Yes | 7 | 60 | None | |
| AVGO | Broadcom Inc | Options Chain | 13.35 | 13.75 | 3.15 | 10.00 | 0.32 | 0.47 | 87 | 167 | -0.29 | -0.22 | 368.45 | 340.00 | 10/16/2026 | Yes | 12 | 64 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 4.20 | 6.30 | 1.55 | 5.00 | 0.31 | 0.44 | 13 | 24 | -0.28 | -0.09 | 157.01 | 145.00 | 10/16/2026 | No | 8 | 59 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 3.00 | 3.35 | 1.51 | 5.00 | 0.30 | 0.52 | 1297 | 2887 | -0.29 | -0.05 | 71.46 | 70.00 | 10/16/2026 | No | 11 | 63 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.75 | 10.55 | 1.50 | 5.00 | 0.30 | 0.28 | 266 | 2930 | -0.28 | -0.19 | 481.15 | 460.00 | 10/16/2026 | No | 14 | 72 | None | |
| CP | Canadian Pacific Kansas City Ltd | Options Chain | 0.90 | 2.00 | 0.75 | 2.50 | 0.30 | 0.21 | 0 | 2 | -0.28 | -0.03 | 96.69 | 92.50 | 10/16/2026 | No | 8 | 67 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.48 | 0.73 | 0.30 | 1.00 | 0.30 | 0.19 | 46 | 0 | -0.30 | -0.01 | 38.01 | 37.00 | 10/16/2026 | No | 9 | 59 | None | |
| VST | Vistra Corp | Options Chain | 4.05 | 4.30 | 1.47 | 5.00 | 0.29 | 0.44 | 102 | 455 | -0.27 | -0.08 | 138.94 | 125.00 | 10/16/2026 | No | 7 | 54 | None | |
| GM | General Motors Company | Options Chain | 2.03 | 2.20 | 0.72 | 2.50 | 0.29 | 0.33 | 8 | 17 | -0.28 | -0.04 | 87.93 | 82.50 | 10/16/2026 | No | 9 | 63 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.80 | 3.00 | 0.72 | 2.50 | 0.29 | 0.35 | 6 | 1 | -0.30 | -0.03 | 93.94 | 90.00 | 10/16/2026 | No | 11 | 57 | None | |
| NEM | Newmont Corp | Options Chain | 3.95 | 4.20 | 1.43 | 5.00 | 0.29 | 0.46 | 197 | 190 | -0.26 | -0.08 | 131.58 | 120.00 | 10/16/2026 | No | 18 | 73 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.75 | 8.05 | 2.80 | 10.00 | 0.28 | 0.32 | 47 | 100 | -0.24 | -0.13 | 390.11 | 360.00 | 10/16/2026 | No | 10 | 58 | None | |
| DKS | Dicks Sporting Goods Inc | Options Chain | 5.60 | 6.50 | 1.40 | 5.00 | 0.28 | 0.46 | 2 | 1 | -0.28 | -0.09 | 183.23 | 165.00 | 10/16/2026 | Yes | 11 | 66 | None | |
| TTE | TotalEnergies SE | Options Chain | 1.50 | 1.75 | 0.70 | 2.50 | 0.28 | 0.26 | 2 | 0 | -0.28 | -0.02 | 89.89 | 85.00 | 10/16/2026 | No | 14 | 51 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.66 | 1.90 | 0.70 | 2.50 | 0.28 | 0.28 | 326 | 278 | -0.29 | -0.03 | 83.70 | 80.00 | 10/16/2026 | Yes | 16 | 74 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.85 | 11.80 | 2.73 | 10.00 | 0.27 | 0.37 | 51 | 40 | -0.28 | -0.20 | 416.00 | 390.00 | 10/16/2026 | Yes | 20 | 61 |
Dividend Stock List |
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| MO | Altria Group Inc | Options Chain | 1.12 | 1.26 | 0.68 | 2.50 | 0.27 | 0.24 | 34 | 34 | -0.26 | -0.01 | 66.09 | 62.50 | 10/16/2026 | No | 9 | 66 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.15 | 6.00 | 1.35 | 5.00 | 0.27 | 0.34 | 33 | 94 | -0.27 | -0.11 | 235.68 | 220.00 | 10/16/2026 | No | 9 | 66 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.30 | 1.39 | 0.67 | 2.50 | 0.27 | 0.43 | 192 | 187 | -0.29 | -0.02 | 40.21 | 37.50 | 10/16/2026 | Yes | 13 | 59 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.75 | 4.70 | 1.32 | 5.00 | 0.26 | 0.43 | 43 | 42 | -0.25 | -0.07 | 160.75 | 145.00 | 10/16/2026 | No | 10 | 63 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.36 | 2.78 | 1.31 | 5.00 | 0.26 | 0.30 | 141 | 71 | -0.29 | -0.04 | 111.04 | 105.00 | 10/16/2026 | No | 8 | 58 | None | |
| SHEL | Shell Plc ADR (Representing - ) | Options Chain | 1.65 | 1.80 | 0.65 | 2.50 | 0.26 | 0.23 | 57 | 133 | -0.30 | -0.03 | 93.65 | 90.00 | 10/16/2026 | No | 18 | 69 | None | |
| CVX | Chevron Corp | Options Chain | 3.35 | 3.85 | 1.27 | 5.00 | 0.25 | 0.26 | 54 | 130 | -0.26 | -0.07 | 205.27 | 195.00 | 10/16/2026 | No | 13 | 77 | None | |
| C | Citigroup Inc | Options Chain | 3.05 | 3.35 | 1.26 | 5.00 | 0.25 | 0.31 | 51 | 37 | -0.29 | -0.06 | 130.00 | 125.00 | 10/16/2026 | Yes | 14 | 69 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.55 | 0.75 | 0.25 | 1.00 | 0.25 | 0.37 | 5 | 10 | -0.29 | -0.01 | 23.75 | 22.00 | 10/16/2026 | No | 9 | 59 | None | |
| EXC | Exelon Corp | Options Chain | 0.35 | 1.00 | 0.25 | 1.00 | 0.25 | 0.20 | 7 | 2 | -0.30 | -0.01 | 43.78 | 42.00 | 10/16/2026 | No | 11 | 64 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.33 | 1.48 | 0.61 | 2.50 | 0.24 | 0.32 | 90 | 15 | -0.29 | -0.02 | 61.30 | 57.50 | 10/16/2026 | No | 12 | 70 | None | |
| EQT | EQT Corp | Options Chain | 0.79 | 1.13 | 0.60 | 2.50 | 0.24 | 0.31 | 6 | 0 | -0.23 | -0.02 | 53.72 | 50.00 | 10/16/2026 | No | 10 | 60 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.51 | 0.57 | 0.24 | 1.00 | 0.24 | 0.30 | 48 | 482 | -0.27 | -0.01 | 26.85 | 25.00 | 10/16/2026 | No | 14 | 62 | None | |
| STLD | Steel Dynamics Inc | Options Chain | 4.60 | 8.20 | 2.37 | 10.00 | 0.24 | 0.40 | 0 | 1 | -0.28 | -0.11 | 228.68 | 210.00 | 10/16/2026 | No | 14 | 67 | None | |
| V | Visa Inc - Class A | Options Chain | 4.80 | 5.85 | 1.18 | 5.00 | 0.24 | 0.22 | 43 | 46 | -0.26 | -0.12 | 371.04 | 355.00 | 10/16/2026 | No | 10 | 64 | None | |
| WMT | Walmart Inc | Options Chain | 1.88 | 2.01 | 1.17 | 5.00 | 0.23 | 0.23 | 2798 | 1228 | -0.30 | -0.04 | 103.70 | 100.00 | 10/16/2026 | No | 9 | 60 | None | |
| TGT | Target Corp | Options Chain | 3.15 | 3.30 | 1.16 | 5.00 | 0.23 | 0.30 | 113 | 126 | -0.26 | -0.07 | 158.25 | 155.00 | 10/16/2026 | No | 14 | 73 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.03 | 1.40 | 0.58 | 2.50 | 0.23 | 0.30 | 22 | 22 | -0.25 | -0.02 | 67.01 | 62.50 | 10/16/2026 | No | 16 | 70 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.70 | 0.85 | 0.23 | 1.00 | 0.23 | 0.34 | 4 | 11 | -0.28 | -0.01 | 31.36 | 30.00 | 10/16/2026 | No | 7 | 58 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.87 | 2.10 | 1.15 | 5.00 | 0.23 | 0.69 | 54 | 0 | -0.21 | -0.04 | 53.45 | 45.00 | 10/16/2026 | Yes | 8 | 52 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.40 | 1.70 | 0.57 | 2.50 | 0.23 | 0.31 | 6 | 3 | -0.24 | -0.03 | 80.30 | 75.00 | 10/16/2026 | No | 17 | 52 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.88 | 3.10 | 1.12 | 5.00 | 0.22 | 0.29 | 206 | 106 | -0.25 | -0.07 | 165.11 | 155.00 | 10/16/2026 | No | 13 | 73 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.60 | 6.80 | 1.12 | 5.00 | 0.22 | 0.24 | 92 | 48 | -0.28 | -0.11 | 351.58 | 335.00 | 10/16/2026 | Yes | 13 | 80 | None | |
| SLB | SLB | Options Chain | 1.11 | 1.28 | 0.56 | 2.50 | 0.22 | 0.31 | 21 | 5 | -0.29 | -0.02 | 53.55 | 50.00 | 10/16/2026 | No | 7 | 63 | None | |
| SWK | Stanley Black & Decker Inc | Options Chain | 1.95 | 2.35 | 0.55 | 2.50 | 0.22 | 0.33 | 0 | 5 | -0.26 | -0.04 | 98.85 | 92.50 | 10/16/2026 | No | 11 | 57 | None | |
| APA | APA Corporation | Options Chain | 1.03 | 1.53 | 0.55 | 2.50 | 0.22 | 0.42 | 6 | 130 | -0.27 | -0.02 | 44.46 | 40.00 | 10/16/2026 | No | 14 | 70 | None | |
| GIS | General Mills Inc | Options Chain | 0.85 | 1.10 | 0.55 | 2.50 | 0.22 | 0.32 | 4873 | 67 | -0.29 | -0.01 | 39.97 | 37.50 | 10/16/2026 | Yes | 5 | 52 | None | |
| PCG | PG&E Corp | Options Chain | 0.53 | 0.60 | 0.22 | 1.00 | 0.22 | 0.47 | 140 | 114 | -0.27 | -0.01 | 18.05 | 16.00 | 10/16/2026 | No | 13 | 61 | None | |
| T | AT&T Inc | Options Chain | 0.44 | 0.55 | 0.22 | 1.00 | 0.22 | 0.26 | 126 | 246 | -0.29 | -0.01 | 25.29 | 24.00 | 10/16/2026 | No | 14 | 67 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.12 | 1.52 | 0.54 | 2.50 | 0.22 | 0.22 | 76 | 5 | -0.30 | -0.02 | 83.65 | 80.00 | 10/16/2026 | No | 11 | 73 | None | |
| TJX | TJX Companies Inc | Options Chain | 2.00 | 2.30 | 1.05 | 5.00 | 0.21 | 0.21 | 34 | 459 | -0.28 | -0.05 | 140.69 | 135.00 | 10/16/2026 | No | 12 | 55 | None | |
| KO | Coca-Cola Company | Options Chain | 1.10 | 1.39 | 0.52 | 2.50 | 0.21 | 0.19 | 167 | 132 | -0.30 | -0.02 | 91.10 | 87.50 | 10/16/2026 | No | 9 | 61 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.92 | 2.07 | 1.03 | 5.00 | 0.21 | 0.40 | 269 | 127 | -0.26 | -0.05 | 82.41 | 75.00 | 10/16/2026 | Yes | 13 | 67 | None | |
| EQNR | Equinor ASA | Options Chain | 1.10 | 1.20 | 0.20 | 1.00 | 0.20 | 0.37 | 2 | 0 | -0.28 | -0.02 | 42.86 | 40.00 | 10/16/2026 | No | 13 | 58 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.86 | 1.00 | 0.49 | 2.50 | 0.20 | 0.34 | 25 | 5 | -0.24 | -0.02 | 49.14 | 45.00 | 10/16/2026 | No | 13 | 64 | None | |
| SJM | J.M. Smucker Company | Options Chain | 2.00 | 2.40 | 0.97 | 5.00 | 0.19 | 0.31 | 1 | 10 | -0.24 | -0.05 | 124.32 | 115.00 | 10/16/2026 | Yes | 7 | 57 | None | |
| ROL | Rollins Inc | Options Chain | 0.60 | 0.90 | 0.47 | 2.50 | 0.19 | 0.28 | 18 | 30 | -0.27 | -0.02 | 36.91 | 35.00 | 10/16/2026 | No | 10 | 58 | None | |
| BEN | Franklin Templeton Inc | Options Chain | 0.60 | 0.80 | 0.17 | 1.00 | 0.17 | 0.30 | 3 | 0 | -0.28 | -0.01 | 33.97 | 32.00 | 10/16/2026 | No | 11 | 61 | None | |
| AA | Alcoa Corp | Options Chain | 1.23 | 1.37 | 0.85 | 5.00 | 0.17 | 0.51 | 100 | 26 | -0.20 | -0.03 | 51.85 | 45.00 | 10/16/2026 | Yes | 16 | 52 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.25 | 1.50 | 0.85 | 5.00 | 0.17 | 0.37 | 75 | 18 | -0.20 | -0.04 | 77.73 | 70.00 | 10/16/2026 | No | 15 | 65 | None | |
| GFI | Gold Fields Ltd | Options Chain | 1.20 | 1.65 | 0.80 | 5.00 | 0.16 | 0.61 | 23 | 461 | -0.20 | -0.02 | 47.81 | 40.00 | 10/16/2026 | No | 12 | 57 | None | |
| NVO | Novo Nordisk | Options Chain | 0.71 | 0.76 | 0.40 | 2.50 | 0.16 | 0.33 | 172 | 2062 | -0.20 | -0.02 | 46.74 | 42.50 | 10/16/2026 | No | 14 | 58 | None | |
| CFG | Citizens Financial Group Inc | Options Chain | 0.95 | 1.20 | 0.40 | 2.50 | 0.16 | 0.29 | 17 | 0 | -0.23 | -0.03 | 69.86 | 65.00 | 10/16/2026 | Yes | 14 | 77 | None | |
| BWA | BorgWarner Inc | Options Chain | 0.90 | 2.50 | 0.40 | 2.50 | 0.16 | 0.37 | 0 | 1 | -0.28 | -0.03 | 65.40 | 62.50 | 10/16/2026 | No | 14 | 61 | None | |
| KR | Kroger Company | Options Chain | 0.73 | 1.08 | 0.39 | 2.50 | 0.16 | 0.34 | 4 | 6 | -0.20 | -0.02 | 57.90 | 52.50 | 10/16/2026 | Yes | 9 | 55 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.23 | 1.60 | 0.77 | 5.00 | 0.15 | 0.25 | 151 | 17 | -0.20 | -0.04 | 112.30 | 105.00 | 10/16/2026 | Yes | 12 | 64 | None | |
| TROW | T. Rowe Price Group Inc | Options Chain | 0.85 | 2.95 | 0.77 | 5.00 | 0.15 | 0.25 | 17 | 1 | -0.27 | -0.03 | 111.51 | 105.00 | 10/16/2026 | No | 21 | 68 |
Dividend Stock List |
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| BAC | Bank Of America Corp | Options Chain | 0.76 | 0.83 | 0.38 | 2.50 | 0.15 | 0.25 | 425 | 167 | -0.22 | -0.02 | 62.00 | 57.50 | 10/16/2026 | Yes | 9 | 65 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.68 | 0.91 | 0.38 | 2.50 | 0.15 | 0.26 | 7 | 2 | -0.22 | -0.02 | 61.78 | 57.50 | 10/16/2026 | Yes | 15 | 74 | None | |
| EIX | Edison International | Options Chain | 1.35 | 1.50 | 0.38 | 2.50 | 0.15 | 0.35 | 118 | 17 | -0.24 | -0.03 | 71.59 | 65.00 | 10/16/2026 | No | 10 | 63 | None | |
| KEY | Keycorp | Options Chain | 0.20 | 0.40 | 0.15 | 1.00 | 0.15 | 0.29 | 107 | 0 | -0.20 | -0.01 | 21.87 | 20.00 | 10/16/2026 | No | 10 | 59 | None | |
| BCS | Barclays plc | Options Chain | 0.45 | 0.55 | 0.15 | 1.00 | 0.15 | 0.31 | 34 | 10 | -0.25 | -0.01 | 26.83 | 25.00 | 10/16/2026 | No | 14 | 53 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.50 | 0.95 | 0.15 | 1.00 | 0.15 | 0.29 | 1 | 2 | -0.25 | -0.02 | 42.35 | 40.00 | 10/16/2026 | Yes | 15 | 77 | None |