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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NTAP | Netapp Inc | Options Chain | 9.90 | 11.50 | 2.75 | 5.00 | 0.55 | 0.56 | 4 | 6 | -0.29 | -0.15 | 162.50 | 175.00 | 7/17/2026 | Yes | 13 | 68 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.71 | 3.05 | 0.44 | 1.00 | 0.44 | 0.80 | 1 | 87 | -0.30 | -0.04 | 38.21 | 39.00 | 7/17/2026 | Yes | 6 | 51 | None | |
| QCOM | Qualcomm Inc | Options Chain | 19.00 | 20.15 | 4.38 | 10.00 | 0.44 | 0.82 | 168 | 12 | -0.30 | -0.27 | 243.29 | 230.00 | 7/17/2026 | No | 11 | 64 | None | |
| IBM | International Business Machines Corp | Options Chain | 10.50 | 11.30 | 1.85 | 5.00 | 0.37 | 0.50 | 97 | 67 | -0.29 | -0.19 | 264.22 | 270.00 | 7/17/2026 | No | 13 | 72 | None | |
| GLW | Corning Inc | Options Chain | 9.75 | 10.25 | 1.85 | 5.00 | 0.37 | 0.70 | 102 | 58 | -0.30 | -0.17 | 182.97 | 160.00 | 7/17/2026 | No | 8 | 52 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.50 | 0.60 | 0.35 | 1.00 | 0.35 | 0.37 | 34 | 0 | -0.30 | -0.01 | 19.32 | 18.00 | 7/17/2026 | No | 9 | 60 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 20.30 | 21.80 | 3.37 | 10.00 | 0.34 | 0.72 | 131 | 324 | -0.27 | -0.39 | 317.05 | 360.00 | 7/17/2026 | Yes | 13 | 58 | None | |
| ORCL | Oracle Corp | Options Chain | 9.75 | 10.40 | 1.65 | 5.00 | 0.33 | 0.66 | 75 | 117 | -0.29 | -0.19 | 210.79 | 195.00 | 7/17/2026 | Yes | 9 | 66 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 14.05 | 14.50 | 3.10 | 10.00 | 0.31 | 0.46 | 91 | 96 | -0.29 | -0.27 | 424.86 | 390.00 | 7/17/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| COST | Costco Wholesale Corp | Options Chain | 16.05 | 17.45 | 1.55 | 5.00 | 0.31 | 0.23 | 39 | 37 | -0.30 | -0.35 | 995.98 | 915.00 | 7/17/2026 | Yes | 14 | 59 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 5.50 | 5.80 | 1.50 | 5.00 | 0.30 | 0.53 | 12 | 10 | -0.28 | -0.10 | 148.72 | 135.00 | 7/17/2026 | No | 8 | 58 | None | |
| UNP | Union Pacific Corp | Options Chain | 5.00 | 5.20 | 1.45 | 5.00 | 0.29 | 0.27 | 8 | 3 | -0.30 | -0.11 | 267.00 | 250.00 | 7/17/2026 | No | 11 | 73 | None | |
| F | Ford Motor Company | Options Chain | 0.53 | 0.54 | 0.27 | 1.00 | 0.27 | 0.47 | 933 | 2859 | -0.27 | -0.01 | 16.70 | 16.00 | 7/17/2026 | No | 9 | 48 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.33 | 2.45 | 1.32 | 5.00 | 0.26 | 0.52 | 91 | 174 | -0.28 | -0.05 | 65.87 | 60.00 | 7/17/2026 | No | 10 | 58 | None | |
| C | Citigroup Inc | Options Chain | 3.10 | 3.25 | 1.27 | 5.00 | 0.25 | 0.34 | 34 | 504 | -0.30 | -0.07 | 124.68 | 120.00 | 7/17/2026 | Yes | 12 | 69 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.35 | 0.45 | 0.25 | 1.00 | 0.25 | 0.45 | 1 | 0 | -0.27 | -0.01 | 12.74 | 12.00 | 7/17/2026 | Yes | 19 | 59 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.10 | 2.30 | 0.60 | 2.50 | 0.24 | 0.38 | 0 | 3 | -0.27 | -0.05 | 87.80 | 82.50 | 7/17/2026 | No | 11 | 24 | None | |
| HPQ | HP Inc | Options Chain | 0.72 | 0.82 | 0.23 | 1.00 | 0.23 | 0.51 | 64 | 41 | -0.24 | -0.01 | 25.01 | 24.00 | 7/17/2026 | Yes | 13 | 57 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.89 | 0.93 | 0.22 | 1.00 | 0.22 | 0.30 | 1414 | 110 | -0.25 | -0.02 | 50.77 | 48.00 | 7/17/2026 | Yes | 10 | 65 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.85 | 1.25 | 0.22 | 1.00 | 0.22 | 0.40 | 0 | 3 | -0.27 | -0.02 | 42.80 | 40.00 | 7/17/2026 | Yes | 10 | 68 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.45 | 0.58 | 0.22 | 1.00 | 0.22 | 0.23 | 100 | 1 | -0.27 | -0.01 | 31.91 | 30.00 | 7/17/2026 | Yes | 13 | 67 | None | |
| OKE | Oneok Inc | Options Chain | 1.80 | 1.90 | 1.05 | 5.00 | 0.21 | 0.32 | 48 | 319 | -0.24 | -0.04 | 87.02 | 80.00 | 7/17/2026 | No | 13 | 74 | None | |
| WMT | Walmart Inc | Options Chain | 1.95 | 2.01 | 1.03 | 5.00 | 0.21 | 0.25 | 588 | 228 | -0.28 | -0.05 | 118.52 | 110.00 | 7/17/2026 | No | 10 | 57 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.55 | 0.70 | 0.20 | 1.00 | 0.20 | 0.42 | 201 | 0 | -0.22 | -0.01 | 28.19 | 25.00 | 7/17/2026 | No | 15 | 65 | None | |
| KEY | Keycorp | Options Chain | 0.35 | 0.50 | 0.20 | 1.00 | 0.20 | 0.29 | 1 | 0 | -0.28 | -0.01 | 21.34 | 20.00 | 7/17/2026 | No | 10 | 59 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.20 | 2.37 | 0.98 | 5.00 | 0.20 | 0.36 | 16 | 43 | -0.24 | -0.05 | 119.83 | 110.00 | 7/17/2026 | No | 9 | 62 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.85 | 0.94 | 0.48 | 2.50 | 0.19 | 0.38 | 5 | 2 | -0.24 | -0.02 | 44.11 | 40.00 | 7/17/2026 | No | 7 | 51 | None | |
| APA | APA Corporation | Options Chain | 0.92 | 0.98 | 0.47 | 2.50 | 0.19 | 0.49 | 29 | 3 | -0.23 | -0.02 | 36.53 | 32.50 | 7/17/2026 | No | 15 | 62 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.35 | 1.60 | 0.93 | 5.00 | 0.19 | 0.39 | 2 | 0 | -0.27 | -0.04 | 64.71 | 60.00 | 7/17/2026 | No | 11 | 55 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.97 | 2.07 | 0.88 | 5.00 | 0.18 | 0.30 | 106 | 54 | -0.21 | -0.06 | 147.90 | 135.00 | 7/17/2026 | No | 10 | 71 | None | |
| CLX | Clorox Company | Options Chain | 1.40 | 1.50 | 0.82 | 5.00 | 0.16 | 0.33 | 110 | 137 | -0.22 | -0.04 | 96.20 | 85.00 | 7/17/2026 | No | 14 | 55 | None | |
| NTR | Nutrien Ltd | Options Chain | 0.75 | 1.00 | 0.38 | 2.50 | 0.15 | 0.33 | 1 | 0 | -0.20 | -0.02 | 69.25 | 62.50 | 7/17/2026 | No | 11 | 62 | None |