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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ADM | Archer Daniels Midland Company | Options Chain | 1.45 | 2.05 | 0.47 | 1.00 | 0.47 | 0.38 | 4 | 0 | -0.30 | -0.03 | 61.10 | 58.00 | 11/28/2025 | Yes | 11 | 52 | None | |
| NVO | Novo Nordisk | Options Chain | 1.93 | 2.72 | 0.46 | 1.00 | 0.46 | 0.55 | 3 | 6 | -0.29 | -0.05 | 57.50 | 53.00 | 11/28/2025 | Yes | 15 | 71 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.61 | 0.85 | 0.43 | 1.00 | 0.43 | 0.35 | 4 | 10 | -0.29 | -0.02 | 29.46 | 28.00 | 11/28/2025 | Yes | 15 | 64 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.85 | 4.65 | 1.67 | 5.00 | 0.33 | 0.41 | 6 | 6 | -0.28 | -0.09 | 161.78 | 150.00 | 11/28/2025 | Yes | 15 | 65 | None | |
| AVGO | Broadcom Inc | Options Chain | 11.80 | 12.55 | 1.63 | 5.00 | 0.33 | 0.49 | 23 | 26 | -0.28 | -0.25 | 326.60 | 330.00 | 11/28/2025 | No | 9 | 67 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.47 | 1.73 | 0.32 | 1.00 | 0.32 | 0.43 | 0 | 2 | -0.27 | -0.03 | 57.48 | 54.00 | 11/28/2025 | No | 13 | 65 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.75 | 10.20 | 1.58 | 5.00 | 0.32 | 0.40 | 5 | 16 | -0.28 | -0.22 | 358.66 | 335.00 | 11/28/2025 | Yes | 12 | 67 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.17 | 1.56 | 0.31 | 1.00 | 0.31 | 0.34 | 4 | 1 | -0.27 | -0.03 | 67.38 | 63.00 | 11/28/2025 | No | 8 | 55 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.21 | 1.66 | 0.31 | 1.00 | 0.31 | 0.32 | 2 | 1 | -0.28 | -0.04 | 67.94 | 64.00 | 11/28/2025 | Yes | 11 | 66 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 5.65 | 6.35 | 1.50 | 5.00 | 0.30 | 0.56 | 10 | 3 | -0.29 | -0.12 | 150.57 | 140.00 | 11/28/2025 | Yes | 15 | 59 | None | |
| HPQ | HP Inc | Options Chain | 0.28 | 1.03 | 0.30 | 1.00 | 0.30 | 0.45 | 6 | 0 | -0.26 | -0.02 | 25.55 | 25.00 | 11/28/2025 | Yes | 13 | 50 | None | |
| MRK | Merck & Co Inc | Options Chain | 1.62 | 1.96 | 0.30 | 1.00 | 0.30 | 0.32 | 3 | 7 | -0.27 | -0.04 | 85.70 | 81.00 | 11/28/2025 | Yes | 14 | 73 | None | |
| TGT | Target Corp | Options Chain | 2.76 | 3.05 | 0.30 | 1.00 | 0.30 | 0.47 | 4 | 1 | -0.28 | -0.04 | 87.34 | 80.00 | 11/28/2025 | Yes | 13 | 66 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.35 | 9.40 | 1.45 | 5.00 | 0.29 | 0.46 | 27 | 1 | -0.27 | -0.21 | 302.89 | 280.00 | 11/28/2025 | Yes | 22 | 74 |
Dividend Stock List |
|
| ORCL | Oracle Corp | Options Chain | 10.85 | 12.85 | 1.37 | 5.00 | 0.27 | 0.52 | 17 | 10 | -0.29 | -0.25 | 308.01 | 285.00 | 11/28/2025 | No | 8 | 62 | None | |
| DPZ | Dominos Pizza Inc | Options Chain | 6.20 | 7.90 | 2.60 | 10.00 | 0.26 | 0.36 | 63 | 145 | -0.24 | -0.25 | 406.37 | 380.00 | 11/21/2025 | Yes | 12 | 54 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.79 | 0.98 | 0.26 | 1.00 | 0.26 | 0.33 | 4 | 17 | -0.27 | -0.02 | 42.42 | 40.00 | 11/28/2025 | Yes | 7 | 63 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.65 | 6.10 | 1.28 | 5.00 | 0.26 | 0.28 | 7 | 29 | -0.29 | -0.14 | 307.97 | 295.00 | 11/28/2025 | Yes | 11 | 79 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 3.30 | 3.60 | 1.27 | 5.00 | 0.25 | 0.46 | 579 | 17 | -0.27 | -0.09 | 122.62 | 115.00 | 11/21/2025 | Yes | 12 | 59 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.20 | 9.80 | 1.27 | 5.00 | 0.25 | 0.28 | 13 | 21 | -0.28 | -0.21 | 514.05 | 490.00 | 11/28/2025 | Yes | 13 | 68 | None | |
| AMAT | Applied Materials Inc | Options Chain | 5.85 | 7.55 | 1.25 | 5.00 | 0.25 | 0.49 | 3 | 0 | -0.27 | -0.14 | 210.44 | 200.00 | 11/28/2025 | Yes | 16 | 69 | None | |
| KDP | Keurig Dr Pepper Inc | Options Chain | 0.55 | 0.65 | 0.25 | 1.00 | 0.25 | 0.36 | 308 | 129 | -0.29 | -0.02 | 26.42 | 25.00 | 11/21/2025 | Yes | 10 | 61 | None | |
| EXC | Exelon Corp | Options Chain | 0.65 | 0.80 | 0.25 | 1.00 | 0.25 | 0.24 | 0 | 2 | -0.30 | -0.02 | 47.07 | 45.00 | 11/21/2025 | Yes | 11 | 68 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.75 | 1.00 | 0.25 | 1.00 | 0.25 | 0.33 | 10 | 1 | -0.30 | -0.02 | 41.47 | 40.00 | 11/21/2025 | Yes | 12 | 71 | None | |
| C | Citigroup Inc | Options Chain | 1.77 | 2.23 | 0.24 | 1.00 | 0.24 | 0.33 | 87 | 214 | -0.28 | -0.04 | 93.75 | 90.00 | 11/28/2025 | Yes | 17 | 83 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.81 | 0.93 | 0.22 | 1.00 | 0.22 | 0.31 | 2 | 1 | -0.25 | -0.02 | 48.65 | 46.00 | 11/28/2025 | Yes | 12 | 73 | None | |
| KO | Coca-Cola Company | Options Chain | 0.59 | 0.90 | 0.22 | 1.00 | 0.22 | 0.21 | 0 | 5 | -0.25 | -0.02 | 66.80 | 64.00 | 11/28/2025 | Yes | 11 | 70 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.46 | 0.59 | 0.22 | 1.00 | 0.22 | 0.23 | 41 | 20 | -0.26 | -0.02 | 39.75 | 38.00 | 11/28/2025 | Yes | 15 | 65 | None | |
| WM | Waste Management Inc | Options Chain | 3.50 | 3.60 | 2.05 | 10.00 | 0.20 | 0.25 | 2176 | 88 | -0.30 | -0.10 | 217.09 | 210.00 | 11/21/2025 | Yes | 13 | 64 | None | |
| JEF | Jefferies Financial Group Inc | Options Chain | 0.95 | 1.65 | 0.50 | 2.50 | 0.20 | 0.55 | 182 | 661 | -0.23 | -0.04 | 53.73 | 47.50 | 11/21/2025 | No | 14 | 66 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.10 | 1.20 | 0.50 | 2.50 | 0.20 | 0.29 | 46 | 5022 | -0.28 | -0.03 | 68.16 | 65.00 | 11/21/2025 | Yes | 14 | 74 | None | |
| STM | ST Microelectronics | Options Chain | 0.70 | 0.80 | 0.20 | 1.00 | 0.20 | 0.52 | 0 | 6 | -0.24 | -0.02 | 28.80 | 26.00 | 11/21/2025 | Yes | 12 | 44 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.70 | 2.21 | 0.95 | 5.00 | 0.19 | 0.24 | 14 | 1 | -0.26 | -0.05 | 147.49 | 140.00 | 11/28/2025 | Yes | 11 | 64 | None | |
| EIX | Edison International | Options Chain | 0.85 | 1.05 | 0.45 | 2.50 | 0.18 | 0.35 | 17 | 4 | -0.25 | -0.03 | 52.12 | 50.00 | 11/21/2025 | Yes | 12 | 66 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.40 | 0.55 | 0.18 | 1.00 | 0.18 | 0.45 | 1 | 1 | -0.23 | -0.01 | 23.29 | 21.00 | 11/21/2025 | Yes | 14 | 63 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.40 | 0.50 | 0.17 | 1.00 | 0.17 | 0.31 | 1 | 0 | -0.24 | -0.01 | 32.11 | 30.00 | 11/21/2025 | Yes | 17 | 70 | None | |
| T | AT&T Inc | Options Chain | 0.32 | 0.42 | 0.17 | 1.00 | 0.17 | 0.27 | 15 | 53 | -0.25 | -0.01 | 25.59 | 24.00 | 11/28/2025 | Yes | 11 | 66 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.45 | 0.55 | 0.17 | 1.00 | 0.17 | 0.39 | 2 | 31 | -0.27 | -0.01 | 22.26 | 21.00 | 11/21/2025 | Yes | 16 | 68 | None | |
| OKE | Oneok Inc | Options Chain | 1.35 | 1.60 | 0.85 | 5.00 | 0.17 | 0.35 | 722 | 10 | -0.27 | -0.02 | 69.57 | 65.00 | 11/21/2025 | Yes | 14 | 75 | None | |
| BHP | BHP Group Ltd | Options Chain | 0.85 | 0.95 | 0.42 | 2.50 | 0.17 | 0.31 | 3 | 10 | -0.26 | -0.03 | 53.45 | 52.50 | 11/21/2025 | Yes | 13 | 63 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.66 | 0.75 | 0.38 | 2.50 | 0.15 | 0.33 | 26 | 0 | -0.25 | -0.02 | 42.95 | 40.00 | 11/21/2025 | Yes | 19 | 72 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.30 | 0.35 | 0.15 | 1.00 | 0.15 | 0.35 | 146 | 119 | -0.28 | -0.01 | 15.60 | 15.00 | 11/21/2025 | Yes | 12 | 66 | None | |
| BCS | Barclays plc | Options Chain | 0.40 | 0.50 | 0.15 | 1.00 | 0.15 | 0.36 | 63 | 95 | -0.29 | -0.01 | 19.70 | 19.00 | 11/21/2025 | Yes | 19 | 54 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.36 | 1.55 | 0.15 | 1.00 | 0.15 | 0.46 | 0 | 1 | -0.30 | -0.03 | 40.88 | 40.00 | 11/28/2025 | Yes | 12 | 60 | None |