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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AVGO | Broadcom Inc | Options Chain | 13.30 | 14.25 | 1.70 | 5.00 | 0.34 | 0.62 | 20 | 24 | -0.28 | -0.29 | 341.35 | 300.00 | 3/27/2026 | Yes | 12 | 67 | None | |
| COF | Capital One Financial Corp | Options Chain | 4.30 | 7.50 | 1.45 | 5.00 | 0.29 | 0.37 | 0 | 8 | -0.30 | -0.10 | 214.39 | 195.00 | 4/2/2026 | No | 9 | 67 | None | |
| MMM | 3M Company | Options Chain | 1.45 | 5.00 | 1.43 | 5.00 | 0.29 | 0.30 | 1 | 0 | -0.26 | -0.08 | 174.61 | 165.00 | 4/2/2026 | No | 6 | 57 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.80 | 12.45 | 1.40 | 5.00 | 0.28 | 0.45 | 1 | 0 | -0.28 | -0.24 | 376.20 | 340.00 | 4/2/2026 | No | 22 | 67 |
Dividend Stock List |
|
| AMGN | AMGEN Inc | Options Chain | 5.15 | 9.00 | 1.38 | 5.00 | 0.28 | 0.26 | 2 | 0 | -0.30 | -0.13 | 366.67 | 350.00 | 4/2/2026 | No | 13 | 71 | None | |
| INTU | Intuit Inc | Options Chain | 15.10 | 23.30 | 2.60 | 10.00 | 0.26 | 0.64 | 0 | 1 | -0.29 | -0.34 | 397.33 | 360.00 | 4/2/2026 | Yes | 13 | 67 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 3.30 | 5.95 | 1.30 | 5.00 | 0.26 | 0.30 | 2 | 1 | -0.30 | -0.10 | 209.62 | 205.00 | 4/2/2026 | Yes | 10 | 67 | None | |
| MS | Morgan Stanley | Options Chain | 2.53 | 5.50 | 1.28 | 5.00 | 0.26 | 0.40 | 7 | 0 | -0.25 | -0.10 | 177.00 | 155.00 | 4/2/2026 | No | 10 | 67 | None | |
| MSFT | Microsoft Corporation | Options Chain | 7.85 | 8.15 | 1.25 | 5.00 | 0.25 | 0.32 | 64 | 90 | -0.28 | -0.19 | 404.62 | 380.00 | 3/27/2026 | No | 15 | 72 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 0.97 | 1.55 | 0.23 | 1.00 | 0.23 | 0.29 | 1 | 9 | -0.27 | -0.03 | 79.07 | 71.00 | 3/27/2026 | Yes | 7 | 59 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.00 | 7.50 | 1.10 | 5.00 | 0.22 | 0.31 | 11 | 11 | -0.26 | -0.15 | 311.40 | 285.00 | 4/2/2026 | No | 8 | 78 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.70 | 9.05 | 1.05 | 5.00 | 0.21 | 0.38 | 0 | 3 | -0.30 | -0.15 | 273.87 | 245.00 | 4/2/2026 | No | 11 | 71 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.20 | 0.55 | 0.17 | 1.00 | 0.17 | 0.24 | 3 | 3 | -0.22 | -0.01 | 31.51 | 30.00 | 4/2/2026 | No | 12 | 67 | None |