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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| QCOM | Qualcomm Inc | Options Chain | 14.30 | 16.75 | 2.45 | 5.00 | 0.49 | 0.78 | 2 | 6 | -0.30 | -0.24 | 217.77 | 190.00 | 7/24/2026 | No | 11 | 64 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 15.30 | 18.10 | 2.10 | 5.00 | 0.42 | 0.48 | 4 | 20 | -0.29 | -0.31 | 426.80 | 400.00 | 7/24/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| ORCL | Oracle Corp | Options Chain | 11.25 | 13.55 | 2.07 | 5.00 | 0.41 | 0.71 | 2 | 3 | -0.28 | -0.22 | 211.82 | 195.00 | 7/24/2026 | Yes | 9 | 65 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.76 | 1.18 | 0.34 | 1.00 | 0.34 | 0.28 | 6 | 0 | -0.30 | -0.01 | 45.37 | 43.00 | 7/24/2026 | Yes | 10 | 64 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.30 | 1.20 | 0.32 | 1.00 | 0.32 | 0.42 | 0 | 1 | -0.25 | -0.01 | 27.55 | 26.00 | 7/17/2026 | No | 7 | 56 | None | |
| EQNR | Equinor ASA | Options Chain | 0.90 | 1.15 | 0.30 | 1.00 | 0.30 | 0.40 | 17 | 0 | -0.26 | -0.02 | 37.60 | 35.00 | 7/17/2026 | No | 9 | 50 | None | |
| PPL | PPL Corp | Options Chain | 0.25 | 0.90 | 0.30 | 1.00 | 0.30 | 0.24 | 2 | 0 | -0.29 | -0.01 | 35.35 | 34.00 | 7/17/2026 | No | 8 | 60 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.30 | 12.75 | 1.30 | 5.00 | 0.26 | 0.35 | 1 | 2 | -0.29 | -0.19 | 399.47 | 385.00 | 7/24/2026 | No | 9 | 58 | None | |
| T | AT&T Inc | Options Chain | 0.35 | 0.69 | 0.22 | 1.00 | 0.22 | 0.33 | 2 | 20 | -0.23 | -0.01 | 22.50 | 21.00 | 7/24/2026 | Yes | 9 | 61 | None | |
| F | Ford Motor Company | Options Chain | 0.30 | 0.39 | 0.11 | 0.50 | 0.22 | 0.42 | 1 | 0 | -0.28 | -0.01 | 15.00 | 14.00 | 7/24/2026 | No | 9 | 47 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.34 | 2.85 | 1.00 | 5.00 | 0.20 | 0.31 | 2 | 26 | -0.26 | -0.08 | 149.92 | 140.00 | 7/24/2026 | No | 11 | 70 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.45 | 0.15 | 1.00 | 0.15 | 0.32 | 25 | 0 | -0.27 | -0.01 | 21.79 | 21.00 | 7/17/2026 | No | 10 | 59 | None |