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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMKR | AMKOR Technology Inc | Options Chain | 3.00 | 3.30 | 0.40 | 1.00 | 0.40 | 0.73 | 16 | 0 | -0.30 | -0.06 | 54.63 | 50.00 | 11/20/2026 | Yes | 13 | 54 | None | |
| HPQ | HP Inc | Options Chain | 1.07 | 1.15 | 0.32 | 1.00 | 0.32 | 0.47 | 18 | 99 | -0.30 | -0.02 | 31.47 | 30.00 | 11/20/2026 | No | 10 | 46 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.31 | 2.48 | 0.78 | 2.50 | 0.31 | 0.47 | 16 | 73 | -0.30 | -0.05 | 72.60 | 67.50 | 11/20/2026 | Yes | 10 | 59 | None | |
| GLW | Corning Inc | Options Chain | 5.90 | 6.20 | 1.50 | 5.00 | 0.30 | 0.60 | 217 | 202 | -0.26 | -0.14 | 159.37 | 150.00 | 11/20/2026 | Yes | 9 | 52 | None | |
| VST | Vistra Corp | Options Chain | 5.25 | 5.60 | 1.50 | 5.00 | 0.30 | 0.49 | 86 | 411 | -0.28 | -0.12 | 140.02 | 150.00 | 11/20/2026 | Yes | 6 | 54 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 3.10 | 3.20 | 1.50 | 5.00 | 0.30 | 0.61 | 251 | 289 | -0.30 | -0.06 | 68.36 | 65.00 | 11/20/2026 | No | 12 | 57 | None | |
| HAL | Halliburton Company | Options Chain | 0.87 | 0.92 | 0.30 | 1.00 | 0.30 | 0.37 | 12 | 1 | -0.30 | -0.02 | 32.78 | 31.00 | 11/20/2026 | Yes | 10 | 48 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.45 | 2.60 | 0.73 | 2.50 | 0.29 | 0.46 | 35 | 61 | -0.26 | -0.06 | 87.27 | 82.50 | 11/20/2026 | Yes | 11 | 57 | None | |
| CEG | Constellation Energy Corporation | Options Chain | 9.10 | 10.20 | 2.90 | 10.00 | 0.29 | 0.50 | 62 | 102 | -0.30 | -0.22 | 267.62 | 280.00 | 11/20/2026 | Yes | 5 | 61 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.70 | 11.00 | 2.75 | 10.00 | 0.28 | 0.33 | 181 | 279 | -0.28 | -0.24 | 485.80 | 460.00 | 11/20/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| LUV | Southwest Airlines Company | Options Chain | 1.33 | 1.51 | 0.68 | 2.50 | 0.27 | 0.44 | 77 | 25 | -0.30 | -0.03 | 41.85 | 40.00 | 11/20/2026 | Yes | 10 | 54 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.20 | 5.40 | 1.35 | 5.00 | 0.27 | 0.49 | 108 | 39 | -0.26 | -0.12 | 180.79 | 165.00 | 11/20/2026 | Yes | 10 | 63 | None | |
| SLB | SLB | Options Chain | 1.30 | 1.38 | 0.66 | 2.50 | 0.26 | 0.37 | 13 | 29 | -0.30 | -0.03 | 50.28 | 47.50 | 11/20/2026 | Yes | 7 | 57 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.88 | 2.05 | 0.65 | 2.50 | 0.26 | 0.41 | 12 | 37 | -0.25 | -0.05 | 83.08 | 77.50 | 11/20/2026 | Yes | 13 | 67 | None | |
| EIX | Edison International | Options Chain | 1.30 | 1.45 | 0.65 | 2.50 | 0.26 | 0.38 | 11 | 3 | -0.27 | -0.02 | 54.24 | 50.00 | 11/20/2026 | Yes | 10 | 53 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.14 | 1.30 | 0.65 | 2.50 | 0.26 | 0.38 | 4 | 24 | -0.28 | -0.03 | 47.98 | 45.00 | 11/20/2026 | Yes | 13 | 66 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.90 | 2.10 | 0.65 | 2.50 | 0.26 | 0.34 | 1 | 1 | -0.30 | -0.05 | 86.83 | 82.50 | 11/20/2026 | Yes | 10 | 59 | None | |
| MS | Morgan Stanley | Options Chain | 3.95 | 4.10 | 1.29 | 5.00 | 0.26 | 0.33 | 101 | 348 | -0.28 | -0.08 | 190.19 | 180.00 | 11/20/2026 | Yes | 9 | 67 | None | |
| STM | ST Microelectronics | Options Chain | 1.50 | 1.60 | 0.25 | 1.00 | 0.25 | 0.63 | 49 | 1 | -0.20 | -0.05 | 57.68 | 50.00 | 11/20/2026 | Yes | 12 | 53 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.77 | 0.81 | 0.25 | 1.00 | 0.25 | 0.25 | 56 | 174 | -0.26 | -0.01 | 45.85 | 43.00 | 11/20/2026 | Yes | 10 | 73 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.70 | 0.80 | 0.25 | 1.00 | 0.25 | 0.40 | 1 | 0 | -0.26 | -0.02 | 31.47 | 29.00 | 11/20/2026 | Yes | 14 | 68 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.30 | 1.45 | 0.25 | 1.00 | 0.25 | 0.50 | 3 | 11 | -0.27 | -0.03 | 45.32 | 42.00 | 11/20/2026 | Yes | 19 | 67 | None | |
| ORCL | Oracle Corp | Options Chain | 3.75 | 3.85 | 1.20 | 5.00 | 0.24 | 0.51 | 299 | 558 | -0.24 | -0.09 | 142.86 | 130.00 | 11/20/2026 | No | 8 | 62 | None | |
| T | AT&T Inc | Options Chain | 0.47 | 0.52 | 0.24 | 1.00 | 0.24 | 0.28 | 129 | 91 | -0.29 | -0.01 | 24.24 | 23.00 | 11/20/2026 | Yes | 11 | 60 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.55 | 0.70 | 0.23 | 1.00 | 0.23 | 0.38 | 1 | 1 | -0.23 | -0.01 | 30.50 | 28.00 | 11/20/2026 | Yes | 7 | 58 | None | |
| MET | Metlife Inc | Options Chain | 1.50 | 2.10 | 0.57 | 2.50 | 0.23 | 0.28 | 12 | 21 | -0.26 | -0.04 | 96.88 | 92.50 | 11/20/2026 | Yes | 16 | 69 | None | |
| NVO | Novo Nordisk | Options Chain | 0.89 | 0.92 | 0.57 | 2.50 | 0.23 | 0.37 | 220 | 43 | -0.27 | -0.02 | 37.54 | 35.00 | 11/20/2026 | Yes | 14 | 59 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.88 | 0.89 | 0.57 | 2.50 | 0.23 | 0.38 | 432 | 606 | -0.30 | -0.02 | 33.90 | 32.50 | 11/20/2026 | No | 13 | 60 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.65 | 0.75 | 0.22 | 1.00 | 0.22 | 0.37 | 12 | 14 | -0.26 | -0.02 | 37.63 | 35.00 | 11/20/2026 | Yes | 15 | 80 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.55 | 0.65 | 0.22 | 1.00 | 0.22 | 0.41 | 1 | 4 | -0.30 | -0.01 | 22.23 | 21.00 | 11/20/2026 | Yes | 13 | 68 | None | |
| GM | General Motors Company | Options Chain | 1.63 | 1.75 | 0.53 | 2.50 | 0.21 | 0.40 | 9 | 5 | -0.24 | -0.05 | 80.23 | 75.00 | 11/20/2026 | Yes | 9 | 59 | None | |
| ING | ING Groep N.V. | Options Chain | 0.65 | 0.75 | 0.20 | 1.00 | 0.20 | 0.33 | 1 | 2 | -0.27 | -0.02 | 34.77 | 33.00 | 11/20/2026 | Yes | 7 | 54 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.17 | 2.28 | 0.99 | 5.00 | 0.20 | 0.40 | 157 | 82 | -0.23 | -0.07 | 112.82 | 105.00 | 11/20/2026 | Yes | 11 | 64 | None | |
| GIS | General Mills Inc | Options Chain | 0.65 | 0.70 | 0.48 | 2.50 | 0.19 | 0.31 | 147 | 6 | -0.20 | -0.01 | 31.75 | 30.00 | 11/20/2026 | No | 6 | 53 | None | |
| APA | APA Corporation | Options Chain | 1.10 | 1.17 | 0.48 | 2.50 | 0.19 | 0.47 | 9 | 0 | -0.26 | -0.03 | 43.85 | 40.00 | 11/20/2026 | Yes | 10 | 61 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.25 | 0.39 | 0.19 | 1.00 | 0.19 | 0.18 | 5 | 0 | -0.21 | -0.01 | 36.80 | 35.00 | 11/20/2026 | Yes | 9 | 58 | None | |
| WMT | Walmart Inc | Options Chain | 1.59 | 1.62 | 0.91 | 5.00 | 0.18 | 0.30 | 212 | 236 | -0.24 | -0.05 | 104.26 | 100.00 | 11/20/2026 | Yes | 9 | 59 | None | |
| CSX | CSX Corp | Options Chain | 0.70 | 0.80 | 0.45 | 2.50 | 0.18 | 0.29 | 4 | 0 | -0.26 | -0.02 | 47.42 | 45.00 | 11/20/2026 | Yes | 8 | 60 | None | |
| PCG | PG&E Corp | Options Chain | 0.25 | 0.31 | 0.17 | 1.00 | 0.17 | 0.48 | 19 | 0 | -0.21 | -0.01 | 12.35 | 11.00 | 11/20/2026 | Yes | 9 | 54 | None | |
| F | Ford Motor Company | Options Chain | 0.24 | 0.25 | 0.17 | 1.00 | 0.17 | 0.41 | 257 | 2 | -0.23 | -0.01 | 12.15 | 11.00 | 11/20/2026 | Yes | 9 | 51 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.04 | 1.10 | 0.42 | 2.50 | 0.17 | 0.30 | 76 | 46 | -0.22 | -0.03 | 80.45 | 75.00 | 11/20/2026 | Yes | 16 | 75 | None | |
| TSCO | Tractor Supply Company | Options Chain | 0.90 | 1.05 | 0.83 | 5.00 | 0.17 | 0.45 | 48 | 0 | -0.30 | -0.02 | 31.09 | 30.00 | 11/20/2026 | Yes | 8 | 58 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.55 | 1.76 | 0.78 | 5.00 | 0.16 | 0.23 | 119 | 49 | -0.23 | -0.04 | 145.94 | 140.00 | 11/20/2026 | Yes | 8 | 65 | None | |
| KO | Coca-Cola Company | Options Chain | 0.78 | 0.85 | 0.39 | 2.50 | 0.16 | 0.22 | 145 | 74 | -0.20 | -0.03 | 86.51 | 82.50 | 11/20/2026 | Yes | 9 | 61 | None | |
| PEP | PepsiCo Inc | Options Chain | 1.29 | 1.36 | 0.77 | 5.00 | 0.15 | 0.23 | 101 | 132 | -0.22 | -0.05 | 125.65 | 120.00 | 11/20/2026 | Yes | 9 | 57 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.56 | 0.58 | 0.15 | 1.00 | 0.15 | 0.28 | 209 | 80 | -0.18 | -0.02 | 54.00 | 50.00 | 11/20/2026 | Yes | 10 | 65 | None | |
| VTRS | Viatris Inc | Options Chain | 0.25 | 0.40 | 0.15 | 1.00 | 0.15 | 0.40 | 0 | 1 | -0.21 | -0.01 | 17.62 | 16.00 | 11/20/2026 | Yes | 6 | 51 | None | |
| BCS | Barclays plc | Options Chain | 0.40 | 0.50 | 0.15 | 1.00 | 0.15 | 0.37 | 10 | 0 | -0.24 | -0.01 | 23.59 | 22.00 | 11/20/2026 | Yes | 18 | 68 | None | |
| KEY | Keycorp | Options Chain | 0.25 | 0.35 | 0.15 | 1.00 | 0.15 | 0.29 | 1 | 0 | -0.24 | -0.01 | 20.18 | 19.00 | 11/20/2026 | Yes | 10 | 59 | None |