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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DELL | Dell Technologies Inc - Class C | Options Chain | 33.80 | 35.05 | 4.15 | 10.00 | 0.42 | 0.91 | 3 | 9 | -0.30 | -0.51 | 437.50 | 380.00 | 9/18/2026 | Yes | 14 | 57 | None | |
| AVGO | Broadcom Inc | Options Chain | 14.10 | 16.10 | 2.05 | 5.00 | 0.41 | 0.61 | 29 | 0 | -0.28 | -0.34 | 381.47 | 350.00 | 9/4/2026 | Yes | 13 | 64 | None | |
| GLW | Corning Inc | Options Chain | 8.90 | 9.50 | 1.82 | 5.00 | 0.36 | 0.84 | 88 | 137 | -0.27 | -0.15 | 145.08 | 125.00 | 9/18/2026 | Yes | 10 | 54 | None | |
| TEL | TE Connectivity plc | Options Chain | 5.90 | 7.30 | 1.75 | 5.00 | 0.35 | 0.46 | 1 | 1 | -0.27 | -0.12 | 202.20 | 190.00 | 9/18/2026 | No | 10 | 60 | None | |
| MSFT | Microsoft Corporation | Options Chain | 11.65 | 12.05 | 1.67 | 5.00 | 0.33 | 0.39 | 354 | 358 | -0.30 | -0.20 | 381.40 | 365.00 | 9/18/2026 | Yes | 15 | 72 | None | |
| COST | Costco Wholesale Corp | Options Chain | 15.45 | 17.00 | 1.63 | 5.00 | 0.33 | 0.22 | 29 | 5 | -0.30 | -0.34 | 935.03 | 920.00 | 9/18/2026 | No | 15 | 58 | None | |
| AA | Alcoa Corp | Options Chain | 1.62 | 1.96 | 0.65 | 2.00 | 0.33 | 0.56 | 6 | 28 | -0.28 | -0.03 | 44.35 | 40.00 | 9/18/2026 | No | 18 | 45 | None | |
| CRM | Salesforce Inc | Options Chain | 6.90 | 7.10 | 1.62 | 5.00 | 0.32 | 0.51 | 635 | 234 | -0.30 | -0.11 | 163.66 | 160.00 | 9/18/2026 | Yes | 14 | 71 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 6.30 | 7.30 | 1.60 | 5.00 | 0.32 | 0.60 | 18 | 9 | -0.28 | -0.11 | 152.75 | 135.00 | 9/18/2026 | Yes | 8 | 58 | None | |
| ORCL | Oracle Corp | Options Chain | 6.30 | 6.60 | 1.57 | 5.00 | 0.31 | 0.75 | 1076 | 591 | -0.26 | -0.11 | 119.90 | 105.00 | 9/18/2026 | Yes | 7 | 63 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.70 | 7.10 | 1.57 | 5.00 | 0.31 | 0.43 | 150 | 59 | -0.29 | -0.11 | 212.98 | 200.00 | 9/18/2026 | No | 13 | 74 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 14.90 | 16.00 | 3.12 | 10.00 | 0.31 | 0.49 | 415 | 1262 | -0.30 | -0.27 | 399.09 | 370.00 | 9/18/2026 | No | 23 | 65 |
Dividend Stock List |
|
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.65 | 2.30 | 0.78 | 2.50 | 0.31 | 0.58 | 23 | 301 | -0.28 | -0.03 | 45.45 | 42.50 | 9/18/2026 | Yes | 16 | 66 | None | |
| MDT | Medtronic Plc | Options Chain | 1.80 | 2.25 | 0.77 | 2.50 | 0.31 | 0.31 | 31 | 61 | -0.30 | -0.04 | 84.22 | 80.00 | 9/18/2026 | Yes | 12 | 65 | None | |
| QCOM | Qualcomm Inc | Options Chain | 7.15 | 7.75 | 1.52 | 5.00 | 0.30 | 0.64 | 375 | 46 | -0.27 | -0.13 | 170.04 | 150.00 | 9/18/2026 | Yes | 11 | 64 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.63 | 0.84 | 0.30 | 1.00 | 0.30 | 0.21 | 101 | 0 | -0.27 | -0.01 | 38.96 | 37.00 | 9/18/2026 | Yes | 9 | 58 | None | |
| KGC | Kinross Gold Corp | Options Chain | 0.79 | 1.10 | 0.29 | 1.00 | 0.29 | 0.52 | 609 | 2 | -0.29 | -0.02 | 24.07 | 22.00 | 9/18/2026 | Yes | 19 | 52 | None | |
| GPN | Global Payments Inc | Options Chain | 3.10 | 3.50 | 0.72 | 2.50 | 0.29 | 0.49 | 11 | 0 | -0.30 | -0.05 | 80.92 | 77.50 | 9/18/2026 | Yes | 7 | 54 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.80 | 0.95 | 0.28 | 1.00 | 0.28 | 0.44 | 0 | 23 | -0.28 | -0.02 | 29.72 | 26.00 | 9/18/2026 | Yes | 13 | 65 | None | |
| NUE | Nucor Corp | Options Chain | 6.40 | 8.10 | 2.80 | 10.00 | 0.28 | 0.40 | 3 | 23 | -0.29 | -0.14 | 247.86 | 230.00 | 9/18/2026 | Yes | 16 | 67 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.45 | 2.65 | 0.70 | 2.50 | 0.28 | 0.41 | 0 | 1 | -0.29 | -0.03 | 83.72 | 77.50 | 9/18/2026 | Yes | 9 | 57 | None | |
| V | Visa Inc - Class A | Options Chain | 6.60 | 6.80 | 1.37 | 5.00 | 0.27 | 0.27 | 21 | 106 | -0.28 | -0.14 | 362.53 | 345.00 | 9/18/2026 | Yes | 11 | 69 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 3.75 | 3.95 | 1.34 | 5.00 | 0.27 | 0.48 | 123 | 85 | -0.27 | -0.07 | 113.91 | 105.00 | 9/18/2026 | Yes | 9 | 62 | None | |
| MMM | 3M Company | Options Chain | 3.55 | 3.95 | 1.30 | 5.00 | 0.26 | 0.27 | 32 | 14 | -0.30 | -0.06 | 172.62 | 170.00 | 9/18/2026 | No | 9 | 62 | None | |
| CINF | Cincinnati Financial Corp | Options Chain | 2.85 | 4.20 | 1.28 | 5.00 | 0.26 | 0.28 | 2 | 0 | -0.28 | -0.08 | 182.81 | 175.00 | 9/18/2026 | Yes | 14 | 57 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.24 | 1.30 | 0.63 | 2.50 | 0.25 | 0.41 | 115 | 6 | -0.28 | -0.02 | 45.16 | 40.00 | 9/18/2026 | Yes | 7 | 51 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.20 | 3.40 | 1.25 | 5.00 | 0.25 | 0.31 | 1348 | 777 | -0.27 | -0.05 | 156.88 | 145.00 | 9/18/2026 | Yes | 9 | 64 | None | |
| HAL | Halliburton Company | Options Chain | 0.87 | 1.03 | 0.25 | 1.00 | 0.25 | 0.39 | 1472 | 84 | -0.28 | -0.01 | 33.26 | 30.00 | 9/18/2026 | No | 10 | 48 | None | |
| RF | Regions Financial Corp | Options Chain | 0.55 | 0.80 | 0.25 | 1.00 | 0.25 | 0.30 | 1 | 0 | -0.29 | -0.01 | 30.84 | 29.00 | 9/18/2026 | No | 17 | 70 | None | |
| NVO | Novo Nordisk | Options Chain | 1.33 | 1.39 | 0.61 | 2.50 | 0.24 | 0.44 | 51 | 49 | -0.25 | -0.02 | 49.67 | 45.00 | 9/18/2026 | Yes | 13 | 51 | None | |
| AZN | Astrazeneca plc | Options Chain | 2.90 | 3.70 | 1.20 | 5.00 | 0.24 | 0.29 | 0 | 3 | -0.28 | -0.06 | 168.01 | 160.00 | 9/18/2026 | Yes | 10 | 62 | None | |
| CLX | Clorox Company | Options Chain | 2.25 | 2.70 | 1.18 | 5.00 | 0.24 | 0.36 | 64 | 83 | -0.28 | -0.04 | 95.55 | 90.00 | 9/18/2026 | Yes | 14 | 54 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.46 | 1.73 | 0.59 | 2.50 | 0.24 | 0.24 | 97 | 806 | -0.30 | -0.03 | 88.83 | 85.00 | 9/18/2026 | Yes | 11 | 72 | None | |
| CHRW | C.H. Robinson Worldwide Inc | Options Chain | 3.80 | 5.40 | 1.17 | 5.00 | 0.23 | 0.41 | 2 | 1 | -0.26 | -0.09 | 186.50 | 160.00 | 9/18/2026 | Yes | 12 | 60 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.45 | 5.80 | 1.15 | 5.00 | 0.23 | 0.24 | 87 | 673 | -0.27 | -0.13 | 353.21 | 340.00 | 9/18/2026 | No | 13 | 80 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.70 | 8.35 | 2.28 | 10.00 | 0.23 | 0.30 | 387 | 105 | -0.27 | -0.16 | 420.30 | 390.00 | 9/18/2026 | No | 12 | 63 | None | |
| C | Citigroup Inc | Options Chain | 2.97 | 3.15 | 1.14 | 5.00 | 0.23 | 0.32 | 127 | 319 | -0.29 | -0.05 | 132.06 | 125.00 | 9/18/2026 | No | 17 | 78 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.22 | 2.58 | 0.57 | 2.50 | 0.23 | 0.41 | 594 | 15 | -0.26 | -0.05 | 85.06 | 80.00 | 9/18/2026 | No | 14 | 67 | None | |
| LVS | Las Vegas Sands Corp | Options Chain | 1.20 | 1.39 | 0.57 | 2.50 | 0.23 | 0.35 | 164 | 305 | -0.30 | -0.02 | 47.76 | 45.00 | 9/18/2026 | No | 9 | 53 | None | |
| GM | General Motors Company | Options Chain | 1.81 | 1.99 | 0.56 | 2.50 | 0.22 | 0.37 | 1739 | 64 | -0.25 | -0.04 | 82.10 | 80.00 | 9/18/2026 | No | 10 | 63 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.59 | 1.69 | 0.56 | 2.50 | 0.22 | 0.27 | 59 | 238 | -0.28 | -0.03 | 86.69 | 82.50 | 9/18/2026 | No | 14 | 74 | None | |
| BRO | Brown & Brown Inc | Options Chain | 0.55 | 2.80 | 1.08 | 5.00 | 0.22 | 0.51 | 1 | 0 | -0.19 | -0.03 | 67.66 | 60.00 | 9/18/2026 | Yes | 10 | 66 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.85 | 4.40 | 1.08 | 5.00 | 0.22 | 0.26 | 105 | 35 | -0.26 | -0.08 | 264.75 | 255.00 | 9/18/2026 | Yes | 9 | 60 | None | |
| WMT | Walmart Inc | Options Chain | 2.04 | 2.10 | 1.07 | 5.00 | 0.21 | 0.29 | 258 | 330 | -0.26 | -0.05 | 109.47 | 105.00 | 9/18/2026 | Yes | 10 | 55 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.80 | 1.90 | 1.04 | 5.00 | 0.21 | 0.54 | 228 | 2342 | -0.22 | -0.04 | 62.58 | 55.00 | 9/18/2026 | No | 10 | 58 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 2.00 | 2.20 | 1.02 | 5.00 | 0.20 | 0.43 | 577 | 970 | -0.26 | -0.04 | 76.92 | 70.00 | 9/18/2026 | Yes | 15 | 65 | None | |
| KO | Coca-Cola Company | Options Chain | 1.15 | 1.27 | 0.50 | 2.50 | 0.20 | 0.23 | 428 | 314 | -0.27 | -0.03 | 84.07 | 80.00 | 9/18/2026 | Yes | 9 | 63 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.67 | 0.74 | 0.20 | 1.00 | 0.20 | 0.24 | 752 | 112 | -0.24 | -0.02 | 47.32 | 45.00 | 9/18/2026 | Yes | 12 | 73 | None | |
| VTRS | Viatris Inc | Options Chain | 0.35 | 0.55 | 0.20 | 1.00 | 0.20 | 0.42 | 0 | 1 | -0.25 | -0.01 | 17.64 | 16.00 | 9/18/2026 | Yes | 6 | 50 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.45 | 0.55 | 0.20 | 1.00 | 0.20 | 0.25 | 118 | 6 | -0.26 | -0.01 | 31.75 | 30.00 | 9/18/2026 | No | 10 | 59 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.40 | 0.44 | 0.19 | 1.00 | 0.19 | 0.34 | 205 | 67 | -0.22 | -0.01 | 22.30 | 21.00 | 9/18/2026 | No | 15 | 70 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.87 | 0.96 | 0.47 | 2.50 | 0.19 | 0.31 | 243 | 256 | -0.21 | -0.03 | 61.80 | 57.50 | 9/18/2026 | Yes | 11 | 53 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.80 | 4.10 | 1.83 | 10.00 | 0.18 | 0.26 | 131 | 156 | -0.25 | -0.08 | 263.25 | 250.00 | 9/18/2026 | No | 11 | 72 | None | |
| TGT | Target Corp | Options Chain | 2.59 | 2.76 | 0.91 | 5.00 | 0.18 | 0.38 | 6 | 46 | -0.23 | -0.05 | 140.34 | 125.00 | 9/18/2026 | Yes | 9 | 62 | None | |
| FAST | Fastenal Company | Options Chain | 0.75 | 1.15 | 0.45 | 2.50 | 0.18 | 0.28 | 1 | 1 | -0.29 | -0.02 | 47.11 | 45.00 | 9/18/2026 | No | 12 | 52 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.43 | 1 | 0 | -0.21 | -0.01 | 20.25 | 18.00 | 9/18/2026 | Yes | 7 | 53 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.15 | 0.30 | 0.18 | 1.00 | 0.18 | 0.36 | 10 | 0 | -0.24 | 0.00 | 9.28 | 9.00 | 9/18/2026 | No | 15 | 51 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.72 | 0.81 | 0.43 | 2.50 | 0.17 | 0.38 | 317 | 80 | -0.21 | -0.01 | 41.64 | 37.50 | 9/18/2026 | No | 15 | 59 | None | |
| PCG | PG&E Corp | Options Chain | 0.36 | 0.51 | 0.17 | 1.00 | 0.17 | 0.43 | 249 | 7 | -0.24 | -0.01 | 17.85 | 16.00 | 9/18/2026 | No | 9 | 52 | None | |
| PPL | PPL Corp | Options Chain | 0.35 | 0.65 | 0.17 | 1.00 | 0.17 | 0.24 | 1 | 0 | -0.25 | -0.01 | 36.25 | 34.00 | 9/18/2026 | Yes | 9 | 67 | None | |
| EXC | Exelon Corp | Options Chain | 0.60 | 1.00 | 0.17 | 1.00 | 0.17 | 0.24 | 10 | 0 | -0.30 | -0.02 | 47.52 | 45.00 | 9/18/2026 | Yes | 8 | 57 | None | |
| TRV | Travelers Companies Inc | Options Chain | 5.30 | 6.10 | 1.70 | 10.00 | 0.17 | 0.24 | 13 | 5 | -0.26 | -0.13 | 390.35 | 370.00 | 9/18/2026 | No | 12 | 64 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.85 | 0.97 | 0.42 | 2.50 | 0.17 | 0.25 | 10 | 2 | -0.24 | -0.02 | 63.97 | 60.00 | 9/18/2026 | No | 12 | 65 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.93 | 2.13 | 0.83 | 5.00 | 0.17 | 0.26 | 125 | 65 | -0.23 | -0.06 | 148.63 | 140.00 | 9/18/2026 | Yes | 12 | 72 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.05 | 1.35 | 0.75 | 5.00 | 0.15 | 0.38 | 3 | 300 | -0.22 | -0.03 | 60.08 | 55.00 | 9/18/2026 | No | 11 | 72 | None | |
| F | Ford Motor Company | Options Chain | 0.28 | 0.30 | 0.15 | 1.00 | 0.15 | 0.41 | 253 | 1105 | -0.23 | -0.01 | 14.35 | 13.00 | 9/18/2026 | Yes | 9 | 47 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.25 | 0.35 | 0.15 | 1.00 | 0.15 | 0.32 | 1 | 2 | -0.25 | -0.01 | 17.36 | 16.00 | 9/18/2026 | No | 10 | 66 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.40 | 0.15 | 1.00 | 0.15 | 0.27 | 0 | 4 | -0.25 | -0.01 | 22.51 | 21.00 | 9/18/2026 | No | 15 | 68 | None | |
| T | AT&T Inc | Options Chain | 0.35 | 0.39 | 0.15 | 1.00 | 0.15 | 0.26 | 1020 | 596 | -0.26 | -0.01 | 24.42 | 23.00 | 9/18/2026 | No | 14 | 68 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.80 | 1.00 | 0.15 | 1.00 | 0.15 | 0.31 | 5 | 40 | -0.28 | -0.02 | 43.07 | 41.00 | 9/18/2026 | No | 10 | 62 | None |