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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GE | General Electric Company | Options Chain | 4.90 | 7.30 | 1.99 | 5.00 | 0.40 | 0.35 | 0 | 4 | -0.26 | -0.14 | 295.60 | 275.00 | 12/4/2026 | Yes | 11 | 64 | None | |
| KLAC | KLA Corp | Options Chain | 5.10 | 8.10 | 1.95 | 5.00 | 0.39 | 0.65 | 11 | 1 | -0.28 | -0.15 | 158.67 | 135.00 | 12/4/2026 | Yes | 11 | 60 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 21.65 | 24.80 | 1.75 | 5.00 | 0.35 | 0.74 | 26 | 14 | -0.30 | -0.54 | 476.16 | 415.00 | 11/27/2026 | Yes | 13 | 59 | None | |
| CRM | Salesforce Inc | Options Chain | 8.05 | 10.25 | 1.67 | 5.00 | 0.33 | 0.49 | 18 | 2 | -0.30 | -0.20 | 242.21 | 235.00 | 12/4/2026 | Yes | 15 | 70 | None | |
| HD | Home Depot Inc | Options Chain | 5.55 | 8.95 | 1.62 | 5.00 | 0.32 | 0.33 | 1 | 3 | -0.30 | -0.15 | 313.80 | 310.00 | 12/4/2026 | Yes | 9 | 61 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 7.70 | 11.25 | 1.60 | 5.00 | 0.32 | 0.35 | 42 | 40 | -0.28 | -0.22 | 426.76 | 390.00 | 12/4/2026 | No | 20 | 61 |
Dividend Stock List |
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| TXN | Texas Instruments Inc | Options Chain | 5.80 | 9.30 | 1.45 | 5.00 | 0.29 | 0.42 | 0 | 2 | -0.28 | -0.16 | 288.10 | 260.00 | 12/4/2026 | Yes | 10 | 64 | None | |
| AVGO | Broadcom Inc | Options Chain | 7.90 | 8.80 | 1.42 | 5.00 | 0.28 | 0.42 | 844 | 694 | -0.29 | -0.23 | 333.40 | 305.00 | 11/27/2026 | No | 10 | 65 | None | |
| NVO | Novo Nordisk | Options Chain | 0.77 | 0.98 | 0.28 | 1.00 | 0.28 | 0.37 | 2 | 6 | -0.27 | -0.02 | 39.00 | 37.00 | 12/4/2026 | Yes | 14 | 59 | None | |
| ACN | Accenture plc - Class A | Options Chain | 4.40 | 8.00 | 1.40 | 5.00 | 0.28 | 0.40 | 4 | 1 | -0.26 | -0.15 | 237.62 | 240.00 | 12/4/2026 | No | 18 | 66 | None | |
| IBM | International Business Machines Corp | Options Chain | 3.00 | 6.70 | 1.35 | 5.00 | 0.27 | 0.34 | 5 | 7 | -0.27 | -0.10 | 239.81 | 235.00 | 12/4/2026 | Yes | 9 | 66 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.57 | 0.78 | 0.27 | 1.00 | 0.27 | 0.27 | 5 | 0 | -0.24 | -0.02 | 50.78 | 48.00 | 12/4/2026 | No | 12 | 74 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.41 | 0.79 | 0.27 | 1.00 | 0.27 | 0.28 | 0 | 5 | -0.28 | -0.01 | 34.68 | 32.00 | 12/4/2026 | Yes | 10 | 59 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.90 | 1.18 | 0.27 | 1.00 | 0.27 | 0.39 | 0 | 12 | -0.30 | -0.02 | 37.38 | 36.00 | 12/4/2026 | No | 12 | 58 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.86 | 2.41 | 0.67 | 2.50 | 0.27 | 0.19 | 2 | 5 | -0.30 | -0.04 | 158.20 | 160.00 | 12/4/2026 | Yes | 10 | 74 | None | |
| TGT | Target Corp | Options Chain | 3.15 | 4.45 | 1.33 | 5.00 | 0.27 | 0.40 | 0 | 6 | -0.26 | -0.06 | 152.38 | 145.00 | 12/4/2026 | Yes | 11 | 64 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.05 | 8.15 | 1.30 | 5.00 | 0.26 | 0.28 | 0 | 1 | -0.28 | -0.20 | 417.15 | 405.00 | 12/4/2026 | No | 13 | 64 | None | |
| DOW | Dow Inc | Options Chain | 0.56 | 0.77 | 0.26 | 1.00 | 0.26 | 0.36 | 3 | 2 | -0.24 | -0.01 | 30.00 | 29.00 | 12/4/2026 | Yes | 8 | 54 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.40 | 4.50 | 1.25 | 5.00 | 0.25 | 0.26 | 10 | 2 | -0.25 | -0.10 | 258.06 | 255.00 | 12/4/2026 | No | 9 | 66 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.70 | 11.75 | 1.25 | 5.00 | 0.25 | 0.31 | 11 | 2 | -0.29 | -0.25 | 530.30 | 495.00 | 12/4/2026 | Yes | 11 | 66 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.29 | 0.86 | 0.25 | 1.00 | 0.25 | 0.20 | 6 | 6 | -0.25 | 0.00 | 36.59 | 35.00 | 12/4/2026 | Yes | 9 | 58 | None | |
| GLW | Corning Inc | Options Chain | 3.70 | 5.05 | 1.22 | 5.00 | 0.24 | 0.62 | 7 | 47 | -0.25 | -0.10 | 134.92 | 110.00 | 12/4/2026 | Yes | 10 | 54 | None | |
| VST | Vistra Corp | Options Chain | 3.65 | 4.95 | 1.21 | 5.00 | 0.24 | 0.51 | 98 | 49 | -0.28 | -0.11 | 156.14 | 130.00 | 11/27/2026 | Yes | 7 | 54 | None | |
| KO | Coca-Cola Company | Options Chain | 0.91 | 1.33 | 0.24 | 1.00 | 0.24 | 0.20 | 1 | 0 | -0.28 | -0.02 | 92.82 | 91.00 | 12/4/2026 | Yes | 9 | 61 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.30 | 6.95 | 1.18 | 5.00 | 0.24 | 0.53 | 3 | 2 | -0.25 | -0.12 | 176.14 | 155.00 | 12/4/2026 | Yes | 12 | 71 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.25 | 3.70 | 1.18 | 5.00 | 0.24 | 0.25 | 3 | 8 | -0.27 | -0.08 | 246.26 | 240.00 | 12/4/2026 | Yes | 9 | 59 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.99 | 3.30 | 1.05 | 5.00 | 0.21 | 0.31 | 17 | 3 | -0.22 | -0.06 | 178.59 | 165.00 | 12/4/2026 | Yes | 11 | 64 | None | |
| LUV | Southwest Airlines Company | Options Chain | 0.92 | 1.40 | 0.21 | 1.00 | 0.21 | 0.41 | 1 | 0 | -0.28 | -0.02 | 39.61 | 39.00 | 12/4/2026 | Yes | 10 | 54 | None | |
| RTX | RTX Corp | Options Chain | 1.73 | 4.50 | 0.91 | 5.00 | 0.18 | 0.27 | 0 | 2 | -0.28 | -0.08 | 191.02 | 185.00 | 12/4/2026 | Yes | 12 | 66 | None |