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.

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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
NVO Novo Nordisk Options Chain 0.67 2.19 0.48 1.00 0.48 0.40 1 20 -0.30 -0.03 46.40 44.00 6/26/2026 No 17 63 None
SCHW Charles Schwab Corp Options Chain 1.36 2.42 0.42 1.00 0.42 0.33 0 2 -0.28 -0.05 88.63 83.00 6/26/2026 No 10 61 None
ORCL Oracle Corp Options Chain 9.40 10.60 1.02 2.50 0.41 0.66 1 18 -0.30 -0.18 193.84 177.50 6/26/2026 Yes 7 61 None
TSCO Tractor Supply Company Options Chain 0.70 1.50 0.40 1.00 0.40 0.51 41 1 -0.28 -0.02 30.25 28.00 6/26/2026 No 7 48 None
DELL Dell Technologies Inc - Class C Options Chain 12.85 15.80 1.93 5.00 0.39 0.73 2 1 -0.30 -0.25 260.46 225.00 6/26/2026 Yes 14 59 None
QCOM Qualcomm Inc Options Chain 13.55 16.25 1.87 5.00 0.37 0.78 0 14 -0.30 -0.24 221.10 215.00 6/26/2026 No 11 64 None
VST Vistra Corp Options Chain 5.20 6.40 1.80 5.00 0.36 0.53 11 6 -0.29 -0.11 152.05 140.00 6/26/2026 Yes 9 63 None
APA APA Corporation Options Chain 1.12 1.52 0.35 1.00 0.35 0.50 2 0 -0.29 -0.03 35.50 34.00 6/26/2026 No 9 55 None
PG Procter & Gamble Company Options Chain 1.73 2.33 0.35 1.00 0.35 0.21 9 0 -0.29 -0.04 143.36 138.00 6/26/2026 No 9 65 None
WFC Wells Fargo & Company Options Chain 1.60 1.94 0.35 1.00 0.35 0.33 68 5 -0.30 -0.04 75.58 70.00 6/26/2026 No 13 73 None
TSM Taiwan Semiconductor Manufacturing Options Chain 10.90 13.45 1.73 5.00 0.35 0.45 16 57 -0.28 -0.26 404.54 375.00 6/26/2026 No 20 61
Dividend Stock List
WMT Walmart Inc Options Chain 2.29 3.15 0.32 1.00 0.32 0.31 6 26 -0.29 -0.06 127.59 121.00 6/26/2026 Yes 8 56 None
OXY Occidental Petroleum Corp Options Chain 1.23 1.68 0.32 1.00 0.32 0.37 7 13 -0.30 -0.03 52.90 52.00 6/26/2026 No 7 50 None
GE General Electric Company Options Chain 6.00 9.25 1.53 5.00 0.31 0.40 2 0 -0.27 -0.17 297.15 280.00 6/26/2026 No 9 60 None
C Citigroup Inc Options Chain 2.73 3.50 0.30 1.00 0.30 0.33 3 1 -0.30 -0.07 125.83 120.00 6/26/2026 No 12 69 None
HD Home Depot Inc Options Chain 5.40 7.15 1.45 5.00 0.29 0.34 105 0 -0.27 -0.13 317.45 290.00 6/26/2026 Yes 6 60 None
IVZ Invesco Ltd Options Chain 0.50 0.75 0.28 1.00 0.28 0.38 1 10 -0.26 -0.01 27.54 26.00 6/18/2026 No 8 56 None
MSFT Microsoft Corporation Options Chain 7.20 7.55 1.40 5.00 0.28 0.28 303 1601 -0.29 -0.18 415.10 395.00 6/18/2026 No 15 72 None
GLW Corning Inc Options Chain 11.00 13.15 0.70 2.50 0.28 0.78 3 0 -0.29 -0.22 186.94 185.00 6/26/2026 No 8 52 None
AVGO Broadcom Inc Options Chain 12.55 13.15 2.75 10.00 0.28 0.54 188 363 -0.26 -0.36 429.64 390.00 6/18/2026 Yes 10 64 None
AEM Agnico Eagle Mines Ltd Options Chain 4.30 6.50 1.35 5.00 0.27 0.46 6 1 -0.26 -0.12 193.49 180.00 6/26/2026 No 14 64 None
CEG Constellation Energy Corporation Options Chain 9.00 11.60 1.35 5.00 0.27 0.51 2 6 -0.28 -0.21 307.36 275.00 6/26/2026 Yes 6 63 None
VZ Verizon Communications Inc Options Chain 0.28 0.77 0.27 1.00 0.27 0.21 1 3 -0.24 -0.01 47.23 45.00 6/26/2026 No 10 64 None
MO Altria Group Inc Options Chain 0.89 1.27 0.27 1.00 0.27 0.26 4 17 -0.28 -0.02 68.61 65.00 6/26/2026 No 12 67 None
UNH Unitedhealth Group Inc Options Chain 7.15 8.25 1.32 5.00 0.26 0.29 1 13 -0.29 -0.14 379.25 365.00 6/26/2026 No 11 64 None
TGT Target Corp Options Chain 3.35 3.80 1.30 5.00 0.26 0.42 2 11 -0.29 -0.06 118.44 110.00 6/26/2026 Yes 10 55 None
V Visa Inc - Class A Options Chain 4.40 5.55 1.28 5.00 0.26 0.24 1 13 -0.29 -0.11 318.60 310.00 6/26/2026 No 11 71 None
COST Costco Wholesale Corp Options Chain 16.30 19.75 1.28 5.00 0.26 0.25 3 0 -0.30 -0.38 1,008.79 960.00 6/26/2026 Yes 13 58 None
FAST Fastenal Company Options Chain 0.60 1.00 0.32 1.25 0.26 0.31 331 11 -0.29 -0.02 44.17 41.25 6/18/2026 No 16 56 None
XOM Exxon Mobil Corp Options Chain 2.37 3.25 1.26 5.00 0.25 0.31 30 11 -0.26 -0.05 149.68 140.00 6/26/2026 No 9 64 None
BMY Bristol-Myers Squibb Company Options Chain 0.94 1.09 0.25 1.00 0.25 0.29 1 6 -0.28 -0.03 56.14 53.00 6/26/2026 No 11 53 None
BCS Barclays plc Options Chain 0.65 0.75 0.25 1.00 0.25 0.42 2 4 -0.30 -0.01 23.40 22.00 6/18/2026 No 18 68 None
MET Metlife Inc Options Chain 0.65 2.00 0.60 2.50 0.24 0.27 67 117 -0.20 -0.02 77.98 72.50 6/18/2026 No 13 71 None
BHP BHP Group Ltd Options Chain 1.75 1.95 0.60 2.50 0.24 0.37 2 49 -0.27 -0.05 84.18 82.50 6/18/2026 No 10 58 None
NXPI NXP Semiconductors NV Options Chain 6.90 7.60 2.35 10.00 0.24 0.47 12 16 -0.25 -0.21 305.99 280.00 6/18/2026 No 10 64 None
ALLY Ally Financial Inc Options Chain 0.65 0.80 0.23 1.00 0.23 0.34 360 1 -0.25 -0.02 44.38 40.00 6/18/2026 No 10 65 None
CLX Clorox Company Options Chain 1.80 2.00 1.15 5.00 0.23 0.33 178 114 -0.30 -0.05 92.45 85.00 6/18/2026 No 10 47 None
RTX RTX Corp Options Chain 3.40 3.95 1.10 5.00 0.22 0.29 6 2 -0.30 -0.07 178.61 170.00 6/26/2026 No 14 67 None
EQNR Equinor ASA Options Chain 0.60 1.00 0.22 1.00 0.22 0.42 1 11 -0.24 -0.02 36.69 35.00 6/18/2026 No 10 58 None
F Ford Motor Company Options Chain 0.18 0.20 0.11 0.50 0.22 0.34 42 0 -0.20 0.00 12.32 11.00 6/26/2026 No 8 50 None
IBM International Business Machines Corp Options Chain 4.30 5.00 1.07 5.00 0.21 0.34 6 9 -0.25 -0.10 229.76 210.00 6/26/2026 No 14 72 None
TJX TJX Companies Inc Options Chain 2.05 3.10 1.05 5.00 0.21 0.29 2 11 -0.27 -0.05 148.91 140.00 6/26/2026 Yes 13 60 None
KO Coca-Cola Company Options Chain 0.79 1.35 0.21 1.00 0.21 0.19 4 9 -0.30 -0.02 78.66 76.00 6/26/2026 No 9 63 None
APH Amphenol Corp - Class A Options Chain 2.85 3.00 1.03 5.00 0.21 0.51 151 88 -0.23 -0.09 128.98 110.00 6/18/2026 No 9 58 None
SPG Simon Property Group Inc Options Chain 3.00 3.40 1.02 5.00 0.20 0.29 42 21 -0.26 -0.06 201.00 190.00 6/18/2026 Yes 14 75 None
MCD McDonald`s Corp Options Chain 2.43 3.10 1.01 5.00 0.20 0.21 8 13 -0.22 -0.06 274.60 260.00 6/26/2026 No 9 61 None
RIO Rio Tinto plc Options Chain 1.70 1.85 0.50 2.50 0.20 0.36 114 12 -0.22 -0.05 107.90 100.00 6/18/2026 No 8 64 None
GPN Global Payments Inc Options Chain 1.10 1.45 0.48 2.50 0.19 0.43 4 8 -0.23 -0.04 69.19 62.50 6/18/2026 No 10 62 None
FCX Freeport-McMoRan Inc Options Chain 1.87 2.99 0.19 1.00 0.19 0.50 4 5 -0.30 -0.05 61.65 60.00 6/26/2026 No 10 57 None
NTAP Netapp Inc Options Chain 2.20 2.65 0.93 5.00 0.19 0.49 10 12 -0.22 -0.08 117.73 105.00 6/18/2026 Yes 14 69 None
MKC McCormick & Co. Inc (Non Voting) Options Chain 0.95 1.20 0.93 5.00 0.19 0.34 80 58 -0.30 -0.03 47.07 45.00 6/18/2026 No 12 63 None
JPM JPMorgan Chase & Company Options Chain 4.10 5.20 0.92 5.00 0.18 0.27 1 9 -0.26 -0.13 302.16 285.00 6/26/2026 No 12 79 None
FITB Fifth Third Bancorp Options Chain 0.55 0.90 0.18 1.00 0.18 0.30 1 27 -0.26 -0.03 49.33 46.00 6/18/2026 No 10 68 None
CVE Cenovus Energy Inc Options Chain 0.60 0.75 0.18 1.00 0.18 0.42 8 47 -0.27 -0.02 28.40 27.00 6/18/2026 No 14 66 None
KMI Kinder Morgan Inc - Class P Options Chain 0.36 0.64 0.18 1.00 0.18 0.23 10 0 -0.29 -0.01 32.25 31.00 6/26/2026 No 13 67 None
HPQ HP Inc Options Chain 0.64 0.98 0.09 0.50 0.18 0.57 0 1 -0.28 -0.01 22.68 19.50 6/26/2026 Yes 13 50 None
ING ING Groep N.V. Options Chain 0.40 0.50 0.17 1.00 0.17 0.34 3 0 -0.22 -0.01 30.12 28.00 6/18/2026 No 12 64 None
EXC Exelon Corp Options Chain 0.40 0.60 0.17 1.00 0.17 0.23 4 2 -0.25 -0.01 43.91 42.00 6/18/2026 No 11 65 None
PPL PPL Corp Options Chain 0.40 0.60 0.17 1.00 0.17 0.22 11 0 -0.30 -0.01 36.24 35.00 6/18/2026 Yes 7 59 None
ZTS Zoetis Inc - Class A Options Chain 1.40 1.55 0.85 5.00 0.17 0.44 246 195 -0.22 -0.05 76.67 70.00 6/18/2026 No 10 54 None
BK Bank Of New York Mellon Corp Options Chain 1.80 2.00 0.77 5.00 0.15 0.30 3769 2 -0.25 -0.06 131.78 125.00 6/18/2026 No 16 74 None
RF Regions Financial Corp Options Chain 0.30 0.50 0.15 1.00 0.15 0.31 252 3 -0.25 -0.01 26.83 25.00 6/18/2026 No 16 70 None
HBAN Huntington Bancshares Inc Options Chain 0.25 0.30 0.15 1.00 0.15 0.33 23 1 -0.26 -0.01 16.12 15.00 6/18/2026 No 9 57 None
KEY Keycorp Options Chain 0.30 0.40 0.15 1.00 0.15 0.30 67 0 -0.26 -0.01 21.60 20.00 6/18/2026 No 14 68 None
BAC Bank Of America Corp Options Chain 0.82 1.12 0.15 1.00 0.15 0.29 14 8 -0.29 -0.02 51.41 48.00 6/26/2026 No 10 65 None