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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| APA | APA Corporation | Options Chain | 1.07 | 2.01 | 0.63 | 1.00 | 0.63 | 0.53 | 4 | 0 | -0.28 | -0.03 | 43.55 | 40.00 | 10/23/2026 | No | 10 | 61 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.93 | 1.74 | 0.58 | 1.00 | 0.58 | 0.31 | 0 | 2 | -0.27 | -0.02 | 66.82 | 61.00 | 10/23/2026 | No | 16 | 70 | None | |
| STM | ST Microelectronics | Options Chain | 1.80 | 2.95 | 0.50 | 1.00 | 0.50 | 0.60 | 1 | 0 | -0.30 | -0.04 | 51.97 | 48.00 | 10/23/2026 | Yes | 12 | 53 | None | |
| HPQ | HP Inc | Options Chain | 0.78 | 1.26 | 0.22 | 0.50 | 0.44 | 0.48 | 1 | 8 | -0.28 | -0.02 | 32.65 | 28.50 | 10/23/2026 | No | 10 | 46 | None | |
| T | AT&T Inc | Options Chain | 0.40 | 0.73 | 0.20 | 0.50 | 0.40 | 0.33 | 60 | 1 | -0.27 | -0.01 | 25.60 | 24.00 | 10/23/2026 | Yes | 14 | 67 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.15 | 5.50 | 1.88 | 5.00 | 0.38 | 0.45 | 50 | 50 | -0.26 | -0.11 | 174.09 | 160.00 | 10/23/2026 | No | 12 | 71 | None | |
| DOW | Dow Inc | Options Chain | 0.59 | 1.29 | 0.37 | 1.00 | 0.37 | 0.51 | 44 | 5 | -0.25 | -0.02 | 29.57 | 27.00 | 10/23/2026 | Yes | 8 | 54 | None | |
| EQNR | Equinor ASA | Options Chain | 0.95 | 1.15 | 0.37 | 1.00 | 0.37 | 0.38 | 0 | 1 | -0.29 | -0.02 | 43.39 | 41.00 | 10/16/2026 | No | 10 | 50 | None | |
| ORCL | Oracle Corp | Options Chain | 7.85 | 8.25 | 0.37 | 1.00 | 0.37 | 0.66 | 1 | 6 | -0.30 | -0.15 | 159.70 | 148.00 | 10/23/2026 | Yes | 11 | 67 | None | |
| C | Citigroup Inc | Options Chain | 2.85 | 3.55 | 0.36 | 1.00 | 0.36 | 0.32 | 1 | 34 | -0.30 | -0.08 | 137.72 | 131.00 | 10/23/2026 | Yes | 17 | 78 | None | |
| GLW | Corning Inc | Options Chain | 6.45 | 8.45 | 1.77 | 5.00 | 0.35 | 0.66 | 14 | 13 | -0.27 | -0.16 | 154.11 | 150.00 | 10/23/2026 | No | 9 | 52 | None | |
| TSCO | Tractor Supply Company | Options Chain | 0.25 | 1.80 | 0.35 | 1.00 | 0.35 | 0.41 | 0 | 2 | -0.28 | -0.02 | 34.74 | 33.00 | 10/23/2026 | Yes | 8 | 58 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.15 | 12.20 | 1.73 | 5.00 | 0.35 | 0.36 | 10 | 52 | -0.30 | -0.24 | 439.00 | 415.00 | 10/23/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| AMGN | AMGEN Inc | Options Chain | 7.80 | 11.60 | 1.67 | 5.00 | 0.33 | 0.32 | 7 | 4 | -0.29 | -0.19 | 393.17 | 380.00 | 10/23/2026 | No | 10 | 65 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.55 | 0.75 | 0.32 | 1.00 | 0.32 | 0.31 | 6 | 2 | -0.23 | -0.02 | 42.28 | 40.00 | 10/16/2026 | Yes | 15 | 77 | None | |
| RF | Regions Financial Corp | Options Chain | 0.40 | 0.80 | 0.32 | 1.00 | 0.32 | 0.31 | 1 | 4 | -0.27 | -0.02 | 30.07 | 29.00 | 10/16/2026 | Yes | 15 | 61 | None | |
| PCG | PG&E Corp | Options Chain | 0.35 | 0.97 | 0.16 | 0.50 | 0.32 | 0.61 | 3 | 0 | -0.29 | -0.01 | 14.82 | 13.50 | 10/23/2026 | Yes | 9 | 41 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.85 | 6.90 | 1.55 | 5.00 | 0.31 | 0.44 | 1 | 6 | -0.26 | -0.16 | 232.09 | 215.00 | 10/23/2026 | No | 13 | 73 | None | |
| STT | State Street Corp | Options Chain | 3.30 | 5.00 | 1.55 | 5.00 | 0.31 | 0.38 | 2 | 34 | -0.27 | -0.10 | 191.88 | 180.00 | 10/16/2026 | Yes | 12 | 73 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.35 | 10.05 | 1.52 | 5.00 | 0.30 | 0.27 | 31 | 66 | -0.30 | -0.23 | 493.95 | 475.00 | 10/23/2026 | No | 14 | 72 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.04 | 1.09 | 0.30 | 1.00 | 0.30 | 0.27 | 27 | 42 | -0.29 | -0.01 | 26.33 | 25.00 | 10/23/2026 | No | 10 | 53 | None | |
| VST | Vistra Corp | Options Chain | 4.30 | 4.60 | 1.49 | 5.00 | 0.30 | 0.47 | 35 | 72 | -0.26 | -0.11 | 151.72 | 140.00 | 10/23/2026 | No | 7 | 61 | None | |
| NTAP | Netapp Inc | Options Chain | 4.90 | 5.70 | 1.45 | 5.00 | 0.29 | 0.47 | 5 | 106 | -0.28 | -0.13 | 184.93 | 175.00 | 10/16/2026 | No | 15 | 64 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 9.10 | 10.70 | 1.45 | 5.00 | 0.29 | 0.37 | 5 | 5 | -0.29 | -0.19 | 400.84 | 375.00 | 10/23/2026 | No | 10 | 58 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.58 | 1.95 | 0.29 | 1.00 | 0.29 | 0.30 | 2 | 0 | -0.29 | -0.04 | 87.96 | 84.00 | 10/23/2026 | Yes | 15 | 74 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.74 | 1.14 | 0.29 | 1.00 | 0.29 | 0.25 | 17 | 7 | -0.30 | -0.01 | 50.66 | 48.00 | 10/23/2026 | Yes | 10 | 74 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.38 | 0.59 | 0.29 | 1.00 | 0.29 | 0.17 | 30 | 1 | -0.30 | -0.01 | 38.83 | 38.00 | 10/23/2026 | No | 12 | 68 | None | |
| COST | Costco Wholesale Corp | Options Chain | 11.85 | 18.05 | 1.42 | 5.00 | 0.28 | 0.25 | 18 | 6 | -0.28 | -0.37 | 910.18 | 875.00 | 10/23/2026 | Yes | 15 | 61 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.38 | 3.85 | 0.68 | 2.50 | 0.27 | 0.30 | 7 | 9 | -0.28 | -0.08 | 163.13 | 152.50 | 10/23/2026 | No | 11 | 66 | None | |
| FRO | Frontline Plc | Options Chain | 1.25 | 2.75 | 0.27 | 1.00 | 0.27 | 0.44 | 8 | 11 | -0.21 | -0.01 | 46.62 | 43.00 | 10/16/2026 | No | 7 | 56 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.93 | 1.00 | 0.27 | 1.00 | 0.27 | 0.44 | 50 | 121 | -0.25 | -0.02 | 38.10 | 35.00 | 10/23/2026 | Yes | 13 | 59 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.06 | 1.45 | 0.27 | 1.00 | 0.27 | 0.33 | 4 | 17 | -0.27 | -0.03 | 60.65 | 57.00 | 10/23/2026 | No | 10 | 62 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.11 | 1.33 | 0.27 | 1.00 | 0.27 | 0.27 | 6 | 22 | -0.30 | -0.03 | 62.68 | 60.00 | 10/23/2026 | Yes | 13 | 74 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 1.85 | 2.00 | 0.65 | 2.50 | 0.26 | 0.46 | 237 | 535 | -0.25 | -0.06 | 82.40 | 75.00 | 10/16/2026 | No | 9 | 55 | None | |
| AA | Alcoa Corp | Options Chain | 1.63 | 2.26 | 0.26 | 1.00 | 0.26 | 0.53 | 2 | 4 | -0.29 | -0.04 | 51.74 | 48.00 | 10/23/2026 | No | 15 | 52 | None | |
| NVO | Novo Nordisk | Options Chain | 0.97 | 1.20 | 0.26 | 1.00 | 0.26 | 0.34 | 10 | 10 | -0.30 | -0.03 | 45.16 | 43.00 | 10/23/2026 | No | 14 | 57 | None | |
| MO | Altria Group Inc | Options Chain | 1.02 | 1.28 | 0.25 | 1.00 | 0.25 | 0.23 | 13 | 13 | -0.27 | -0.01 | 68.17 | 65.00 | 10/23/2026 | No | 9 | 66 | None | |
| KO | Coca-Cola Company | Options Chain | 1.12 | 1.31 | 0.25 | 1.00 | 0.25 | 0.21 | 10 | 8 | -0.29 | -0.02 | 88.36 | 85.00 | 10/23/2026 | Yes | 11 | 67 | None | |
| FAST | Fastenal Company | Options Chain | 0.70 | 1.45 | 0.60 | 2.50 | 0.24 | 0.33 | 5 | 2 | -0.30 | -0.04 | 49.38 | 47.50 | 10/16/2026 | Yes | 13 | 54 | None | |
| EQT | EQT Corp | Options Chain | 0.29 | 1.73 | 0.24 | 1.00 | 0.24 | 0.26 | 7 | 0 | -0.30 | -0.03 | 55.05 | 53.00 | 10/23/2026 | Yes | 10 | 60 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.20 | 3.05 | 0.23 | 1.00 | 0.23 | 0.49 | 0 | 7 | -0.29 | -0.06 | 72.72 | 71.00 | 10/23/2026 | Yes | 9 | 59 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.50 | 1.70 | 0.57 | 2.50 | 0.23 | 0.34 | 144 | 30 | -0.27 | -0.05 | 84.50 | 80.00 | 10/16/2026 | No | 16 | 57 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.20 | 4.50 | 1.10 | 5.00 | 0.22 | 0.26 | 11 | 14 | -0.25 | -0.12 | 269.12 | 255.00 | 10/23/2026 | Yes | 9 | 66 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.45 | 0.85 | 0.22 | 1.00 | 0.22 | 0.41 | 13 | 0 | -0.22 | -0.02 | 33.35 | 30.00 | 10/16/2026 | No | 7 | 58 | None | |
| CVX | Chevron Corp | Options Chain | 2.91 | 3.65 | 1.09 | 5.00 | 0.22 | 0.26 | 34 | 3 | -0.27 | -0.09 | 208.74 | 200.00 | 10/23/2026 | No | 13 | 77 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.58 | 3.05 | 1.08 | 5.00 | 0.22 | 0.21 | 34 | 9 | -0.24 | -0.10 | 255.81 | 245.00 | 10/23/2026 | No | 9 | 59 | None | |
| V | Visa Inc - Class A | Options Chain | 4.35 | 5.50 | 1.08 | 5.00 | 0.22 | 0.22 | 2 | 1 | -0.27 | -0.14 | 368.64 | 355.00 | 10/23/2026 | No | 10 | 64 | None | |
| GIS | General Mills Inc | Options Chain | 0.70 | 0.85 | 0.53 | 2.50 | 0.21 | 0.38 | 576 | 360 | -0.26 | -0.02 | 37.69 | 35.00 | 10/16/2026 | Yes | 5 | 52 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.08 | 2.65 | 0.21 | 1.00 | 0.21 | 0.59 | 2 | 17 | -0.29 | -0.04 | 52.11 | 51.00 | 10/23/2026 | No | 8 | 52 | None | |
| MDT | Medtronic Plc | Options Chain | 1.18 | 1.80 | 0.21 | 1.00 | 0.21 | 0.26 | 0 | 8 | -0.30 | -0.03 | 92.39 | 88.00 | 10/23/2026 | No | 15 | 71 | None | |
| LNG | Cheniere Energy Inc | Options Chain | 4.00 | 7.00 | 1.02 | 5.00 | 0.20 | 0.32 | 5 | 0 | -0.27 | -0.13 | 279.93 | 260.00 | 10/23/2026 | No | 15 | 73 | None | |
| CRM | Salesforce Inc | Options Chain | 4.90 | 7.15 | 1.00 | 5.00 | 0.20 | 0.41 | 36 | 17 | -0.26 | -0.14 | 249.12 | 230.00 | 10/23/2026 | No | 15 | 70 | None | |
| EXC | Exelon Corp | Options Chain | 0.35 | 0.50 | 0.20 | 1.00 | 0.20 | 0.22 | 3 | 1 | -0.22 | -0.02 | 43.95 | 42.00 | 10/16/2026 | No | 11 | 64 | None | |
| WMT | Walmart Inc | Options Chain | 1.45 | 1.95 | 0.20 | 1.00 | 0.20 | 0.25 | 4 | 26 | -0.28 | -0.04 | 106.05 | 102.00 | 10/23/2026 | No | 9 | 59 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.65 | 0.85 | 0.20 | 1.00 | 0.20 | 0.38 | 1207 | 10 | -0.28 | -0.02 | 33.19 | 31.00 | 10/16/2026 | No | 13 | 68 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.15 | 1.55 | 0.92 | 5.00 | 0.18 | 0.37 | 278 | 31 | -0.27 | -0.03 | 64.10 | 60.00 | 10/16/2026 | No | 13 | 72 | None | |
| AZN | Astrazeneca plc | Options Chain | 1.75 | 2.75 | 0.90 | 5.00 | 0.18 | 0.31 | 25 | 15 | -0.23 | -0.08 | 160.04 | 150.00 | 10/16/2026 | No | 10 | 62 | None | |
| BCS | Barclays plc | Options Chain | 0.30 | 0.40 | 0.17 | 1.00 | 0.17 | 0.31 | 9 | 2 | -0.22 | -0.01 | 26.80 | 25.00 | 10/16/2026 | No | 18 | 62 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.30 | 0.60 | 0.17 | 1.00 | 0.17 | 0.36 | 47 | 5 | -0.26 | -0.01 | 23.65 | 22.00 | 10/16/2026 | No | 11 | 68 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.40 | 0.17 | 1.00 | 0.17 | 0.26 | 114 | 1 | -0.28 | -0.01 | 22.18 | 21.00 | 10/16/2026 | Yes | 14 | 68 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.80 | 1.00 | 0.16 | 1.00 | 0.16 | 0.33 | 8 | 7 | -0.26 | -0.02 | 48.11 | 45.00 | 10/23/2026 | No | 13 | 66 | None | |
| OKE | Oneok Inc | Options Chain | 0.80 | 1.35 | 0.78 | 5.00 | 0.16 | 0.30 | 299 | 27 | -0.20 | -0.03 | 97.51 | 90.00 | 10/16/2026 | No | 11 | 63 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 0.95 | 1.35 | 0.77 | 5.00 | 0.15 | 0.35 | 20 | 9 | -0.25 | -0.04 | 63.45 | 60.00 | 10/16/2026 | No | 14 | 64 | None | |
| SPG | Simon Property Group Inc | Options Chain | 1.80 | 2.35 | 0.75 | 5.00 | 0.15 | 0.22 | 145 | 7 | -0.20 | -0.04 | 211.88 | 200.00 | 10/16/2026 | No | 12 | 72 | None |