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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| INTU | Intuit Inc | Options Chain | 17.90 | 19.30 | 3.40 | 10.00 | 0.34 | 0.58 | 47 | 21 | -0.30 | -0.37 | 487.50 | 400.00 | 3/20/2026 | Yes | 10 | 63 | None | |
| STLD | Steel Dynamics Inc | Options Chain | 4.10 | 5.50 | 1.70 | 5.00 | 0.34 | 0.39 | 22 | 30 | -0.26 | -0.11 | 186.55 | 180.00 | 3/20/2026 | No | 10 | 60 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 28.15 | 31.00 | 3.38 | 10.00 | 0.34 | 0.43 | 32 | 59 | -0.29 | -0.63 | 1,049.00 | 940.00 | 3/20/2026 | Yes | 14 | 65 | None | |
| EBAY | EBay Inc | Options Chain | 2.39 | 2.88 | 0.83 | 2.50 | 0.33 | 0.45 | 7 | 1 | -0.26 | -0.05 | 93.38 | 85.00 | 3/20/2026 | Yes | 7 | 58 | None | |
| NEM | Newmont Corp | Options Chain | 3.90 | 4.80 | 1.58 | 5.00 | 0.32 | 0.60 | 36 | 100 | -0.27 | -0.08 | 114.86 | 105.00 | 3/20/2026 | Yes | 13 | 63 | None | |
| ORCL | Oracle Corp | Options Chain | 7.60 | 7.80 | 1.55 | 5.00 | 0.31 | 0.69 | 1300 | 293 | -0.30 | -0.15 | 159.49 | 140.00 | 3/20/2026 | Yes | 10 | 66 | None | |
| COST | Costco Wholesale Corp | Options Chain | 17.50 | 18.85 | 1.48 | 5.00 | 0.30 | 0.26 | 123 | 5 | -0.30 | -0.42 | 968.36 | 940.00 | 3/20/2026 | Yes | 15 | 62 | None | |
| AMGN | AMGEN Inc | Options Chain | 5.05 | 6.10 | 1.45 | 5.00 | 0.29 | 0.28 | 12 | 11 | -0.26 | -0.12 | 344.68 | 320.00 | 3/20/2026 | Yes | 10 | 71 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 4.30 | 6.90 | 1.45 | 5.00 | 0.29 | 0.43 | 14 | 46 | -0.30 | -0.11 | 219.85 | 200.00 | 3/20/2026 | Yes | 9 | 66 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.85 | 2.10 | 0.68 | 2.50 | 0.27 | 0.38 | 17 | 75 | -0.24 | -0.03 | 93.18 | 87.50 | 3/20/2026 | Yes | 10 | 63 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.19 | 2.53 | 1.35 | 5.00 | 0.27 | 0.50 | 287 | 2822 | -0.30 | -0.05 | 61.79 | 60.00 | 3/20/2026 | No | 11 | 55 | None | |
| EXC | Exelon Corp | Options Chain | 0.50 | 0.80 | 0.27 | 1.00 | 0.27 | 0.23 | 1 | 0 | -0.28 | -0.01 | 43.91 | 42.00 | 3/20/2026 | Yes | 11 | 69 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.85 | 2.05 | 0.65 | 2.50 | 0.26 | 0.39 | 198 | 179 | -0.29 | -0.03 | 69.39 | 67.50 | 3/20/2026 | Yes | 9 | 56 | None | |
| HAL | Halliburton Company | Options Chain | 0.65 | 0.95 | 0.26 | 1.00 | 0.26 | 0.42 | 0 | 19 | -0.25 | -0.02 | 32.80 | 31.00 | 3/20/2026 | No | 7 | 56 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 3.90 | 4.60 | 1.27 | 5.00 | 0.25 | 0.47 | 14 | 1719 | -0.27 | -0.10 | 144.93 | 135.00 | 3/20/2026 | No | 11 | 60 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.00 | 6.35 | 2.53 | 10.00 | 0.25 | 0.31 | 275 | 745 | -0.30 | -0.12 | 285.59 | 270.00 | 3/20/2026 | No | 10 | 58 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 3.70 | 4.30 | 1.26 | 5.00 | 0.25 | 0.58 | 103 | 79 | -0.25 | -0.10 | 119.16 | 105.00 | 3/20/2026 | Yes | 17 | 63 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.90 | 4.15 | 1.22 | 5.00 | 0.24 | 0.44 | 294 | 451 | -0.30 | -0.09 | 153.18 | 135.00 | 3/20/2026 | Yes | 10 | 64 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.41 | 0.65 | 0.24 | 1.00 | 0.24 | 0.21 | 1562 | 17908 | -0.23 | -0.02 | 44.61 | 44.00 | 3/20/2026 | Yes | 15 | 73 | None | |
| TGT | Target Corp | Options Chain | 2.78 | 2.97 | 1.19 | 5.00 | 0.24 | 0.47 | 270 | 376 | -0.24 | -0.06 | 109.90 | 100.00 | 3/20/2026 | Yes | 9 | 57 | None | |
| CLX | Clorox Company | Options Chain | 2.20 | 2.65 | 1.18 | 5.00 | 0.24 | 0.30 | 41 | 56 | -0.30 | -0.06 | 113.29 | 110.00 | 3/20/2026 | Yes | 13 | 50 | None | |
| GLW | Corning Inc | Options Chain | 2.73 | 3.10 | 0.59 | 2.50 | 0.24 | 0.52 | 193 | 17 | -0.22 | -0.07 | 113.00 | 100.00 | 3/20/2026 | No | 10 | 57 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 7.50 | 8.55 | 2.35 | 10.00 | 0.24 | 0.41 | 370 | 308 | -0.26 | -0.18 | 341.36 | 310.00 | 3/20/2026 | No | 22 | 67 |
Dividend Stock List |
|
| JPM | JPMorgan Chase & Company | Options Chain | 4.75 | 5.25 | 1.17 | 5.00 | 0.23 | 0.26 | 617 | 133 | -0.30 | -0.13 | 308.14 | 300.00 | 3/20/2026 | No | 8 | 79 | None | |
| MRK | Merck & Co Inc | Options Chain | 2.02 | 2.21 | 1.15 | 5.00 | 0.23 | 0.29 | 708 | 180 | -0.28 | -0.05 | 113.37 | 110.00 | 3/20/2026 | Yes | 11 | 67 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.40 | 6.05 | 1.13 | 5.00 | 0.23 | 0.34 | 212 | 98 | -0.26 | -0.12 | 315.40 | 275.00 | 3/20/2026 | No | 9 | 63 | None | |
| RTX | RTX Corp | Options Chain | 3.15 | 3.45 | 1.12 | 5.00 | 0.22 | 0.30 | 47 | 44 | -0.24 | -0.08 | 201.09 | 190.00 | 3/20/2026 | No | 11 | 60 | None | |
| COP | Conoco Phillips | Options Chain | 1.83 | 1.96 | 0.56 | 2.50 | 0.22 | 0.33 | 628 | 364 | -0.25 | -0.04 | 101.79 | 97.50 | 3/20/2026 | Yes | 9 | 69 | None | |
| GM | General Motors Company | Options Chain | 1.57 | 1.70 | 0.56 | 2.50 | 0.22 | 0.34 | 272 | 46 | -0.26 | -0.04 | 84.27 | 80.00 | 3/20/2026 | No | 10 | 60 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 3.40 | 4.00 | 1.10 | 5.00 | 0.22 | 0.39 | 129 | 36 | -0.26 | -0.08 | 159.48 | 150.00 | 3/20/2026 | Yes | 13 | 78 | None | |
| UNP | Union Pacific Corp | Options Chain | 3.10 | 3.90 | 1.10 | 5.00 | 0.22 | 0.24 | 11 | 10 | -0.28 | -0.08 | 235.23 | 230.00 | 3/20/2026 | No | 12 | 74 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.45 | 1.95 | 0.55 | 2.50 | 0.22 | 0.43 | 44 | 178 | -0.24 | -0.04 | 82.91 | 67.50 | 3/20/2026 | Yes | 14 | 62 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.66 | 1.73 | 0.55 | 2.50 | 0.22 | 0.29 | 89 | 96 | -0.28 | -0.03 | 92.36 | 87.50 | 3/20/2026 | No | 11 | 66 | None | |
| EL | Estee Lauder Cos. Inc - Class A | Options Chain | 2.43 | 3.35 | 1.06 | 5.00 | 0.21 | 0.47 | 0 | 27 | -0.24 | -0.07 | 119.20 | 105.00 | 3/20/2026 | Yes | 4 | 49 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.45 | 1.58 | 0.53 | 2.50 | 0.21 | 0.34 | 457 | 285 | -0.25 | -0.04 | 80.64 | 77.50 | 3/20/2026 | Yes | 8 | 59 | None | |
| JCI | Johnson Controls International plc | Options Chain | 2.00 | 2.65 | 1.05 | 5.00 | 0.21 | 0.36 | 14 | 455 | -0.23 | -0.06 | 123.00 | 115.00 | 3/20/2026 | Yes | 9 | 60 | None | |
| AVGO | Broadcom Inc | Options Chain | 12.25 | 13.50 | 1.05 | 5.00 | 0.21 | 0.61 | 10 | 25 | -0.29 | -0.30 | 332.80 | 295.00 | 3/13/2026 | Yes | 13 | 67 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.55 | 3.90 | 1.04 | 5.00 | 0.21 | 0.22 | 135 | 94 | -0.25 | -0.09 | 318.65 | 305.00 | 3/20/2026 | Yes | 8 | 59 | None | |
| CFG | Citizens Financial Group Inc | Options Chain | 0.95 | 1.40 | 0.50 | 2.50 | 0.20 | 0.28 | 0 | 1 | -0.29 | -0.02 | 64.86 | 62.50 | 3/20/2026 | No | 12 | 68 | None | |
| BCS | Barclays plc | Options Chain | 0.45 | 0.60 | 0.20 | 1.00 | 0.20 | 0.38 | 10 | 0 | -0.22 | -0.01 | 27.51 | 25.00 | 3/20/2026 | Yes | 13 | 47 | None | |
| AES | AES Corp | Options Chain | 0.25 | 0.41 | 0.20 | 1.00 | 0.20 | 0.35 | 559 | 102 | -0.25 | -0.01 | 14.73 | 15.00 | 3/20/2026 | Yes | 16 | 59 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.75 | 1.05 | 0.20 | 1.00 | 0.20 | 0.37 | 1 | 0 | -0.25 | -0.02 | 42.16 | 39.00 | 3/20/2026 | No | 13 | 76 | None | |
| HPQ | HP Inc | Options Chain | 0.56 | 0.60 | 0.20 | 1.00 | 0.20 | 0.52 | 276 | 44 | -0.25 | -0.01 | 19.86 | 17.00 | 3/20/2026 | Yes | 9 | 39 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.40 | 0.60 | 0.20 | 1.00 | 0.20 | 0.33 | 0 | 2 | -0.27 | -0.01 | 24.82 | 24.00 | 3/20/2026 | No | 15 | 68 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.64 | 1.87 | 0.49 | 2.50 | 0.20 | 0.42 | 97 | 46 | -0.26 | -0.04 | 69.08 | 65.00 | 3/20/2026 | No | 11 | 57 | None | |
| WMT | Walmart Inc | Options Chain | 2.21 | 2.31 | 0.97 | 5.00 | 0.19 | 0.31 | 8428 | 2742 | -0.25 | -0.06 | 123.98 | 120.00 | 3/20/2026 | Yes | 9 | 57 | None | |
| PNR | Pentair plc | Options Chain | 1.45 | 2.15 | 0.97 | 5.00 | 0.19 | 0.32 | 6 | 0 | -0.26 | -0.05 | 105.51 | 90.00 | 3/20/2026 | Yes | 12 | 65 | None | |
| NUE | Nucor Corp | Options Chain | 3.50 | 4.50 | 0.97 | 5.00 | 0.19 | 0.36 | 54 | 27 | -0.27 | -0.09 | 181.00 | 175.00 | 3/20/2026 | No | 11 | 61 | None | |
| ICE | Intercontinental Exchange Inc | Options Chain | 2.60 | 3.20 | 0.97 | 5.00 | 0.19 | 0.28 | 20 | 38 | -0.29 | -0.07 | 171.13 | 155.00 | 3/20/2026 | Yes | 8 | 69 | None | |
| ABT | Abbott Laboratories | Options Chain | 1.50 | 1.75 | 0.95 | 5.00 | 0.19 | 0.23 | 85 | 108 | -0.28 | -0.04 | 109.41 | 105.00 | 3/20/2026 | No | 12 | 69 | None | |
| C | Citigroup Inc | Options Chain | 2.14 | 2.26 | 0.92 | 5.00 | 0.18 | 0.33 | 599 | 445 | -0.27 | -0.06 | 116.23 | 110.00 | 3/20/2026 | No | 15 | 77 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.69 | 0.86 | 0.46 | 2.50 | 0.18 | 0.39 | 113 | 130 | -0.23 | -0.02 | 40.08 | 37.50 | 3/20/2026 | Yes | 9 | 64 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.90 | 2.28 | 0.91 | 5.00 | 0.18 | 0.27 | 2406 | 1519 | -0.25 | -0.05 | 138.40 | 135.00 | 3/20/2026 | Yes | 11 | 73 | None | |
| V | Visa Inc - Class A | Options Chain | 4.60 | 5.25 | 0.90 | 5.00 | 0.18 | 0.24 | 120 | 106 | -0.28 | -0.12 | 333.84 | 315.00 | 3/20/2026 | No | 11 | 70 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.68 | 1.99 | 0.90 | 5.00 | 0.18 | 0.20 | 881 | 86 | -0.30 | -0.06 | 153.03 | 150.00 | 3/20/2026 | No | 8 | 64 | None | |
| MET | Metlife Inc | Options Chain | 1.10 | 1.60 | 0.45 | 2.50 | 0.18 | 0.31 | 11 | 1 | -0.24 | -0.04 | 79.88 | 72.50 | 3/20/2026 | Yes | 17 | 71 | None | |
| PPL | PPL Corp | Options Chain | 0.45 | 0.60 | 0.18 | 1.00 | 0.18 | 0.23 | 3 | 0 | -0.20 | -0.01 | 35.82 | 34.00 | 3/20/2026 | Yes | 9 | 67 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.40 | 0.42 | 0.18 | 1.00 | 0.18 | 0.23 | 118 | 130 | -0.27 | -0.01 | 29.65 | 29.00 | 3/20/2026 | No | 11 | 65 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.50 | 0.92 | 0.43 | 2.50 | 0.17 | 0.28 | 535 | 22 | -0.19 | -0.01 | 52.66 | 50.00 | 3/20/2026 | No | 14 | 75 | None | |
| NDAQ | Nasdaq Inc - 144A | Options Chain | 1.20 | 1.85 | 0.43 | 2.50 | 0.17 | 0.30 | 16 | 37 | -0.23 | -0.04 | 97.10 | 82.50 | 3/20/2026 | No | 8 | 63 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 0.85 | 1.10 | 0.43 | 2.50 | 0.17 | 0.30 | 55 | 20 | -0.24 | -0.02 | 68.08 | 62.50 | 3/20/2026 | Yes | 13 | 54 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.45 | 0.65 | 0.17 | 1.00 | 0.17 | 0.41 | 2 | 1 | -0.25 | -0.01 | 27.42 | 24.00 | 3/20/2026 | No | 7 | 49 | None | |
| RF | Regions Financial Corp | Options Chain | 0.35 | 0.55 | 0.17 | 1.00 | 0.17 | 0.27 | 4 | 2 | -0.27 | -0.01 | 28.92 | 28.00 | 3/20/2026 | No | 15 | 70 | None | |
| INFY | Infosys Ltd | Options Chain | 0.05 | 0.75 | 0.17 | 1.00 | 0.17 | 0.36 | 19 | 56 | -0.28 | -0.01 | 18.35 | 16.00 | 3/20/2026 | No | 11 | 52 | None | |
| TROW | T. Rowe Price Group Inc | Options Chain | 1.55 | 2.30 | 0.85 | 5.00 | 0.17 | 0.34 | 35 | 228 | -0.25 | -0.04 | 106.65 | 95.00 | 3/20/2026 | Yes | 19 | 69 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 2.85 | 3.40 | 0.85 | 5.00 | 0.17 | 0.36 | 5 | 108 | -0.28 | -0.09 | 176.91 | 170.00 | 3/20/2026 | Yes | 9 | 63 | None | |
| NVO | Novo Nordisk | Options Chain | 1.11 | 1.23 | 0.81 | 5.00 | 0.16 | 0.48 | 2079 | 4334 | -0.21 | -0.03 | 58.93 | 45.00 | 3/20/2026 | Yes | 11 | 52 | None | |
| CCI | Crown Castle Inc | Options Chain | 0.90 | 1.40 | 0.40 | 2.50 | 0.16 | 0.31 | 1 | 1 | -0.22 | -0.03 | 84.96 | 77.50 | 3/20/2026 | Yes | 6 | 55 | None | |
| NEE | NextEra Energy Inc | Options Chain | 0.91 | 1.16 | 0.40 | 2.50 | 0.16 | 0.27 | 33 | 28 | -0.23 | -0.03 | 87.25 | 82.50 | 3/20/2026 | No | 6 | 70 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.75 | 0.95 | 0.40 | 2.50 | 0.16 | 0.29 | 108 | 21 | -0.24 | -0.02 | 55.89 | 52.50 | 3/20/2026 | Yes | 10 | 54 | None | |
| DOW | Dow Inc | Options Chain | 0.62 | 0.79 | 0.40 | 2.50 | 0.16 | 0.44 | 205 | 1638 | -0.25 | -0.02 | 28.92 | 27.50 | 3/20/2026 | No | 10 | 51 | None | |
| BAH | Booz Allen Hamilton Holding Corp - Class A | Options Chain | 1.65 | 1.90 | 0.78 | 5.00 | 0.16 | 0.42 | 18 | 0 | -0.24 | -0.04 | 87.50 | 75.00 | 3/20/2026 | No | 16 | 53 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.71 | 0.95 | 0.39 | 2.50 | 0.16 | 0.29 | 424 | 154 | -0.25 | -0.03 | 57.36 | 55.00 | 3/20/2026 | No | 13 | 65 | None | |
| SLB | SLB | Options Chain | 0.70 | 0.75 | 0.38 | 2.50 | 0.15 | 0.36 | 154 | 61 | -0.21 | -0.02 | 48.05 | 45.00 | 3/20/2026 | No | 9 | 57 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.40 | 0.70 | 0.15 | 1.00 | 0.15 | 0.25 | 3 | 100 | -0.26 | -0.01 | 38.39 | 36.00 | 3/20/2026 | Yes | 14 | 62 | None |