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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KHC | Kraft Heinz Company | Options Chain | 0.30 | 0.67 | 0.30 | 0.50 | 0.60 | 0.32 | 1 | 3 | -0.25 | -0.01 | 23.40 | 22.00 | 6/26/2026 | No | 8 | 58 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.19 | 1.68 | 0.56 | 1.00 | 0.56 | 0.32 | 3 | 0 | -0.28 | -0.04 | 74.37 | 71.00 | 6/26/2026 | No | 13 | 73 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.21 | 2.44 | 0.51 | 1.00 | 0.51 | 0.29 | 11 | 1 | -0.30 | -0.03 | 89.04 | 86.00 | 6/26/2026 | No | 10 | 70 | None | |
| PCG | PG&E Corp | Options Chain | 0.30 | 0.65 | 0.23 | 0.50 | 0.46 | 0.42 | 0 | 10 | -0.30 | -0.01 | 15.83 | 15.50 | 6/26/2026 | No | 13 | 52 | None | |
| ORCL | Oracle Corp | Options Chain | 7.85 | 9.35 | 1.02 | 2.50 | 0.41 | 0.67 | 0 | 54 | -0.30 | -0.19 | 186.72 | 167.50 | 6/26/2026 | Yes | 7 | 61 | None | |
| QCOM | Qualcomm Inc | Options Chain | 7.55 | 9.80 | 1.00 | 2.50 | 0.40 | 0.68 | 0 | 6 | -0.29 | -0.20 | 203.75 | 177.50 | 6/26/2026 | No | 11 | 64 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.23 | 2.87 | 0.38 | 1.00 | 0.38 | 0.35 | 42 | 0 | -0.29 | -0.07 | 118.90 | 110.00 | 6/26/2026 | No | 10 | 62 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.06 | 1.57 | 0.19 | 0.50 | 0.38 | 0.61 | 7 | 2 | -0.30 | -0.03 | 33.00 | 30.00 | 6/26/2026 | Yes | 7 | 54 | None | |
| KO | Coca-Cola Company | Options Chain | 0.80 | 1.08 | 0.36 | 1.00 | 0.36 | 0.20 | 22 | 65 | -0.27 | -0.02 | 81.25 | 79.00 | 6/26/2026 | No | 9 | 63 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 10.45 | 12.55 | 1.75 | 5.00 | 0.35 | 0.71 | 2 | 22 | -0.30 | -0.27 | 238.03 | 215.00 | 6/26/2026 | Yes | 14 | 59 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.15 | 12.55 | 1.72 | 5.00 | 0.34 | 0.43 | 41 | 26 | -0.30 | -0.26 | 396.52 | 370.00 | 6/26/2026 | No | 20 | 61 |
Dividend Stock List |
|
| LOW | Lowe`s Cos. Inc | Options Chain | 3.20 | 5.00 | 1.52 | 5.00 | 0.30 | 0.35 | 1 | 10 | -0.25 | -0.13 | 218.94 | 205.00 | 6/26/2026 | Yes | 7 | 63 | None | |
| GLW | Corning Inc | Options Chain | 8.00 | 8.80 | 0.75 | 2.50 | 0.30 | 0.71 | 25 | 1 | -0.29 | -0.19 | 178.55 | 160.00 | 6/26/2026 | No | 8 | 52 | None | |
| DOW | Dow Inc | Options Chain | 0.99 | 1.16 | 0.30 | 1.00 | 0.30 | 0.45 | 4 | 4 | -0.29 | -0.02 | 38.90 | 35.00 | 6/26/2026 | No | 6 | 49 | None | |
| C | Citigroup Inc | Options Chain | 2.13 | 2.79 | 0.30 | 1.00 | 0.30 | 0.31 | 9 | 1 | -0.30 | -0.07 | 122.60 | 115.00 | 6/26/2026 | No | 15 | 79 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.57 | 2.43 | 0.29 | 1.00 | 0.29 | 0.50 | 8 | 12 | -0.30 | -0.05 | 60.75 | 55.00 | 6/26/2026 | No | 11 | 58 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.50 | 0.78 | 0.28 | 1.00 | 0.28 | 0.23 | 14 | 11 | -0.29 | -0.02 | 46.90 | 46.00 | 6/26/2026 | No | 10 | 64 | None | |
| V | Visa Inc - Class A | Options Chain | 4.35 | 5.55 | 1.35 | 5.00 | 0.27 | 0.23 | 11 | 6 | -0.29 | -0.14 | 332.93 | 320.00 | 6/26/2026 | No | 11 | 71 | None | |
| MO | Altria Group Inc | Options Chain | 0.99 | 1.12 | 0.27 | 1.00 | 0.27 | 0.22 | 6 | 2 | -0.28 | -0.02 | 73.75 | 71.00 | 6/26/2026 | No | 8 | 59 | None | |
| AVGO | Broadcom Inc | Options Chain | 13.50 | 14.50 | 1.30 | 5.00 | 0.26 | 0.53 | 34 | 17 | -0.29 | -0.33 | 420.71 | 380.00 | 6/26/2026 | Yes | 9 | 62 | None | |
| WMT | Walmart Inc | Options Chain | 2.29 | 2.79 | 0.25 | 1.00 | 0.25 | 0.31 | 4 | 5 | -0.28 | -0.07 | 133.34 | 128.00 | 6/26/2026 | Yes | 8 | 56 | None | |
| TJX | TJX Companies Inc | Options Chain | 1.75 | 3.10 | 1.20 | 5.00 | 0.24 | 0.26 | 1 | 1 | -0.29 | -0.06 | 150.52 | 145.00 | 6/26/2026 | Yes | 12 | 55 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.76 | 2.35 | 0.24 | 1.00 | 0.24 | 0.45 | 3 | 10 | -0.30 | -0.05 | 70.33 | 64.00 | 6/26/2026 | No | 12 | 57 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.69 | 1.31 | 0.23 | 1.00 | 0.23 | 0.27 | 2 | 4 | -0.30 | -0.03 | 57.44 | 56.00 | 6/26/2026 | No | 15 | 61 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.32 | 3.65 | 1.14 | 5.00 | 0.23 | 0.30 | 26 | 81 | -0.29 | -0.08 | 160.49 | 155.00 | 6/26/2026 | No | 9 | 64 | None | |
| HD | Home Depot Inc | Options Chain | 4.20 | 5.30 | 1.12 | 5.00 | 0.22 | 0.29 | 6 | 15 | -0.26 | -0.11 | 300.75 | 285.00 | 6/26/2026 | Yes | 6 | 60 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.25 | 0.53 | 0.22 | 1.00 | 0.22 | 0.37 | 5 | 1 | -0.19 | -0.01 | 25.00 | 23.00 | 6/26/2026 | No | 15 | 61 | None | |
| HAL | Halliburton Company | Options Chain | 0.59 | 1.04 | 0.22 | 1.00 | 0.22 | 0.37 | 1 | 2 | -0.26 | -0.02 | 42.78 | 40.00 | 6/26/2026 | No | 10 | 56 | None | |
| EQT | EQT Corp | Options Chain | 0.82 | 1.35 | 0.22 | 1.00 | 0.22 | 0.34 | 0 | 18 | -0.27 | -0.03 | 57.45 | 56.00 | 6/26/2026 | No | 17 | 72 | None | |
| F | Ford Motor Company | Options Chain | 0.17 | 0.26 | 0.11 | 0.50 | 0.22 | 0.37 | 176 | 10 | -0.20 | -0.01 | 13.08 | 12.00 | 6/26/2026 | No | 8 | 48 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.38 | 0.48 | 0.21 | 1.00 | 0.21 | 0.23 | 1 | 1 | -0.27 | -0.02 | 33.85 | 33.00 | 6/26/2026 | No | 13 | 67 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.65 | 3.50 | 1.01 | 5.00 | 0.20 | 0.21 | 45 | 47 | -0.27 | -0.08 | 282.47 | 270.00 | 6/26/2026 | No | 9 | 61 | None | |
| IBM | International Business Machines Corp | Options Chain | 3.35 | 4.35 | 1.00 | 5.00 | 0.20 | 0.33 | 1 | 0 | -0.26 | -0.13 | 222.61 | 210.00 | 6/26/2026 | No | 13 | 72 | None | |
| NVO | Novo Nordisk | Options Chain | 0.76 | 1.25 | 0.20 | 1.00 | 0.20 | 0.36 | 21 | 3 | -0.29 | -0.03 | 44.26 | 42.00 | 6/26/2026 | No | 13 | 54 | None | |
| HPQ | HP Inc | Options Chain | 0.58 | 0.80 | 0.10 | 0.50 | 0.20 | 0.55 | 1 | 0 | -0.27 | -0.01 | 20.92 | 19.00 | 6/26/2026 | Yes | 10 | 41 | None | |
| SONY | Sony Group Corporation | Options Chain | 0.40 | 0.50 | 0.10 | 0.50 | 0.20 | 0.35 | 5 | 0 | -0.27 | -0.01 | 22.71 | 21.50 | 6/26/2026 | No | 14 | 38 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 5.10 | 7.00 | 0.97 | 5.00 | 0.19 | 0.29 | 8 | 1 | -0.28 | -0.19 | 390.23 | 370.00 | 6/26/2026 | No | 9 | 58 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 3.30 | 5.00 | 0.90 | 5.00 | 0.18 | 0.24 | 11 | 15 | -0.28 | -0.14 | 300.85 | 285.00 | 6/26/2026 | No | 9 | 70 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.65 | 0.88 | 0.18 | 1.00 | 0.18 | 0.28 | 29 | 26 | -0.26 | -0.02 | 50.69 | 48.00 | 6/26/2026 | No | 13 | 74 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.30 | 3.05 | 0.86 | 5.00 | 0.17 | 0.22 | 4 | 6 | -0.26 | -0.06 | 228.83 | 220.00 | 6/26/2026 | No | 13 | 72 | None | |
| BKNG | Booking Holdings Inc | Options Chain | 3.10 | 4.20 | 0.82 | 5.00 | 0.16 | 0.39 | 6 | 26 | -0.28 | -0.09 | 155.13 | 145.00 | 6/26/2026 | No | 14 | 63 | None |