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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RBA | RB Global Inc | Options Chain | 1.60 | 3.90 | 1.05 | 2.50 | 0.42 | 0.47 | 0 | 25 | -0.25 | -0.05 | 89.69 | 85.00 | 12/18/2026 | Yes | 9 | 64 | None | |
| HAL | Halliburton Company | Options Chain | 0.94 | 1.16 | 0.36 | 1.00 | 0.36 | 0.39 | 5 | 4 | -0.30 | -0.02 | 36.17 | 33.00 | 12/18/2026 | No | 9 | 48 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 23.30 | 24.65 | 3.43 | 10.00 | 0.34 | 0.81 | 177 | 101 | -0.29 | -0.45 | 424.30 | 350.00 | 12/18/2026 | Yes | 13 | 59 | None | |
| KGC | Kinross Gold Corp | Options Chain | 0.55 | 0.89 | 0.33 | 1.00 | 0.33 | 0.50 | 3 | 0 | -0.28 | -0.01 | 20.13 | 19.00 | 12/18/2026 | No | 16 | 53 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 3.05 | 3.30 | 0.33 | 1.00 | 0.33 | 0.79 | 14 | 191 | -0.30 | -0.06 | 55.09 | 46.00 | 12/18/2026 | Yes | 9 | 53 | None | |
| QCOM | Qualcomm Inc | Options Chain | 6.75 | 6.90 | 1.63 | 5.00 | 0.33 | 0.55 | 72 | 194 | -0.28 | -0.12 | 164.79 | 150.00 | 12/18/2026 | Yes | 12 | 71 | None | |
| HPQ | HP Inc | Options Chain | 0.94 | 1.09 | 0.32 | 1.00 | 0.32 | 0.62 | 25 | 2 | -0.25 | -0.02 | 28.78 | 25.00 | 12/18/2026 | Yes | 12 | 54 | None | |
| HD | Home Depot Inc | Options Chain | 6.95 | 7.85 | 1.57 | 5.00 | 0.31 | 0.34 | 25 | 32 | -0.28 | -0.14 | 329.20 | 320.00 | 12/18/2026 | Yes | 10 | 70 | None | |
| VST | Vistra Corp | Options Chain | 5.20 | 5.60 | 1.55 | 5.00 | 0.31 | 0.54 | 52 | 179 | -0.30 | -0.11 | 138.88 | 125.00 | 12/18/2026 | Yes | 8 | 61 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.70 | 3.20 | 0.75 | 2.50 | 0.30 | 0.46 | 89 | 43 | -0.30 | -0.06 | 79.48 | 75.00 | 12/18/2026 | No | 8 | 55 | None | |
| EQNR | Equinor ASA | Options Chain | 1.30 | 1.55 | 0.30 | 1.00 | 0.30 | 0.45 | 3 | 0 | -0.25 | -0.02 | 48.75 | 43.00 | 12/18/2026 | Yes | 11 | 63 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 4.10 | 5.90 | 1.47 | 5.00 | 0.29 | 0.40 | 30 | 30 | -0.26 | -0.10 | 212.08 | 185.00 | 12/18/2026 | Yes | 10 | 68 | None | |
| NRG | NRG Energy Inc | Options Chain | 4.00 | 4.50 | 1.47 | 5.00 | 0.29 | 0.66 | 73 | 30 | -0.27 | -0.09 | 96.06 | 85.00 | 12/18/2026 | Yes | 7 | 58 | None | |
| ORCL | Oracle Corp | Options Chain | 5.20 | 5.25 | 1.40 | 5.00 | 0.28 | 0.70 | 13276 | 1224 | -0.26 | -0.11 | 130.67 | 105.00 | 12/18/2026 | Yes | 9 | 62 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.28 | 2.46 | 0.70 | 2.50 | 0.28 | 0.43 | 156 | 200 | -0.27 | -0.05 | 80.15 | 77.50 | 12/18/2026 | No | 12 | 66 | None | |
| GE | General Electric Company | Options Chain | 7.95 | 8.95 | 2.77 | 10.00 | 0.28 | 0.36 | 87 | 82 | -0.30 | -0.18 | 302.45 | 300.00 | 12/18/2026 | No | 8 | 59 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.20 | 1.65 | 0.83 | 3.00 | 0.28 | 0.37 | 6 | 5 | -0.26 | -0.03 | 55.25 | 50.00 | 12/18/2026 | No | 11 | 65 | None | |
| SYK | Stryker Corp | Options Chain | 6.80 | 7.50 | 2.75 | 10.00 | 0.28 | 0.34 | 40 | 33 | -0.30 | -0.16 | 291.86 | 290.00 | 12/18/2026 | No | 13 | 69 | None | |
| AME | Ametek Inc | Options Chain | 3.40 | 7.70 | 2.70 | 10.00 | 0.27 | 0.32 | 25 | 15 | -0.29 | -0.11 | 242.00 | 230.00 | 12/18/2026 | Yes | 10 | 61 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.89 | 2.18 | 0.67 | 2.50 | 0.27 | 0.52 | 563 | 162 | -0.26 | -0.05 | 62.69 | 57.50 | 12/18/2026 | No | 9 | 58 | None | |
| V | Visa Inc - Class A | Options Chain | 6.90 | 7.10 | 1.32 | 5.00 | 0.26 | 0.23 | 48 | 281 | -0.29 | -0.15 | 414.05 | 410.00 | 12/18/2026 | No | 9 | 65 | None | |
| GLW | Corning Inc | Options Chain | 4.75 | 5.05 | 1.30 | 5.00 | 0.26 | 0.63 | 172 | 77 | -0.26 | -0.10 | 123.31 | 110.00 | 12/18/2026 | No | 8 | 52 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.80 | 4.00 | 1.29 | 5.00 | 0.26 | 0.33 | 326 | 371 | -0.28 | -0.07 | 187.00 | 170.00 | 12/18/2026 | Yes | 11 | 64 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.45 | 6.15 | 1.25 | 5.00 | 0.25 | 0.37 | 61 | 86 | -0.27 | -0.12 | 257.81 | 235.00 | 12/18/2026 | No | 12 | 74 | None | |
| COST | Costco Wholesale Corp | Options Chain | 16.55 | 18.20 | 1.25 | 5.00 | 0.25 | 0.25 | 40 | 39 | -0.29 | -0.43 | 1,012.28 | 1,000.00 | 12/18/2026 | Yes | 14 | 60 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.60 | 2.20 | 0.62 | 2.50 | 0.25 | 0.39 | 0 | 3 | -0.30 | -0.03 | 68.64 | 62.50 | 12/18/2026 | Yes | 9 | 62 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.10 | 10.60 | 2.45 | 10.00 | 0.25 | 0.42 | 143 | 166 | -0.26 | -0.23 | 406.13 | 370.00 | 12/18/2026 | No | 20 | 62 |
Dividend Stock List |
|
| ALL | Allstate Corp (The) | Options Chain | 5.50 | 6.50 | 2.40 | 10.00 | 0.24 | 0.33 | 20 | 13 | -0.30 | -0.11 | 259.65 | 250.00 | 12/18/2026 | Yes | 14 | 67 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.83 | 3.20 | 0.60 | 2.50 | 0.24 | 0.49 | 120 | 123 | -0.26 | -0.07 | 104.51 | 92.50 | 12/18/2026 | Yes | 10 | 67 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.90 | 0.95 | 0.24 | 1.00 | 0.24 | 0.29 | 524 | 402 | -0.27 | -0.02 | 50.05 | 47.00 | 12/18/2026 | No | 11 | 74 | None | |
| F | Ford Motor Company | Options Chain | 0.28 | 0.31 | 0.16 | 0.67 | 0.24 | 0.36 | 1501 | 484 | -0.26 | 0.00 | 12.25 | 11.67 | 12/18/2026 | No | 8 | 51 | None | |
| MMM | 3M Company | Options Chain | 2.94 | 3.45 | 1.18 | 5.00 | 0.24 | 0.27 | 34 | 16 | -0.30 | -0.07 | 174.34 | 170.00 | 12/18/2026 | No | 10 | 65 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.35 | 11.50 | 1.18 | 5.00 | 0.24 | 0.31 | 22 | 35 | -0.30 | -0.25 | 521.91 | 485.00 | 12/11/2026 | No | 11 | 66 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.16 | 1.29 | 0.59 | 2.50 | 0.24 | 0.41 | 61 | 54 | -0.27 | -0.03 | 52.15 | 45.00 | 12/18/2026 | Yes | 13 | 65 | None | |
| KO | Coca-Cola Company | Options Chain | 1.39 | 1.48 | 0.59 | 2.50 | 0.24 | 0.21 | 513 | 1166 | -0.30 | -0.03 | 94.08 | 92.50 | 12/18/2026 | No | 9 | 61 | None | |
| MS | Morgan Stanley | Options Chain | 3.85 | 4.15 | 1.17 | 5.00 | 0.23 | 0.34 | 77 | 197 | -0.27 | -0.10 | 184.30 | 175.00 | 12/18/2026 | No | 14 | 76 | None | |
| WMT | Walmart Inc | Options Chain | 2.55 | 2.65 | 1.17 | 5.00 | 0.23 | 0.33 | 387 | 838 | -0.28 | -0.06 | 123.50 | 120.00 | 12/18/2026 | Yes | 8 | 55 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.95 | 2.25 | 1.15 | 5.00 | 0.23 | 0.45 | 53 | 74 | -0.25 | -0.05 | 79.50 | 75.00 | 12/18/2026 | Yes | 11 | 55 | None | |
| NVO | Novo Nordisk | Options Chain | 0.94 | 0.97 | 0.57 | 2.50 | 0.23 | 0.40 | 280 | 196 | -0.26 | -0.02 | 39.97 | 37.50 | 12/18/2026 | Yes | 14 | 59 | None | |
| NUE | Nucor Corp | Options Chain | 6.30 | 7.50 | 2.25 | 10.00 | 0.23 | 0.39 | 23 | 20 | -0.27 | -0.17 | 273.87 | 260.00 | 12/18/2026 | No | 12 | 62 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 5.10 | 7.50 | 2.20 | 10.00 | 0.22 | 0.48 | 19 | 5 | -0.23 | -0.15 | 259.61 | 230.00 | 12/18/2026 | No | 13 | 68 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.50 | 7.95 | 2.20 | 10.00 | 0.22 | 0.36 | 196 | 159 | -0.25 | -0.18 | 406.00 | 370.00 | 12/18/2026 | No | 13 | 65 | None | |
| FAST | Fastenal Company | Options Chain | 0.85 | 1.15 | 0.55 | 2.50 | 0.22 | 0.30 | 22 | 11 | -0.29 | -0.02 | 51.91 | 50.00 | 12/18/2026 | No | 13 | 53 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.66 | 0.71 | 0.22 | 1.00 | 0.22 | 0.26 | 109 | 55 | -0.26 | -0.02 | 44.82 | 43.00 | 12/18/2026 | No | 7 | 64 | None | |
| GM | General Motors Company | Options Chain | 1.59 | 1.80 | 0.54 | 2.50 | 0.22 | 0.36 | 45 | 1358 | -0.24 | -0.04 | 85.50 | 82.50 | 12/18/2026 | No | 10 | 60 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.30 | 3.65 | 1.07 | 5.00 | 0.21 | 0.25 | 408 | 113 | -0.23 | -0.07 | 258.12 | 250.00 | 12/18/2026 | Yes | 9 | 59 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.70 | 5.20 | 1.07 | 5.00 | 0.21 | 0.25 | 179 | 326 | -0.26 | -0.13 | 337.04 | 325.00 | 12/18/2026 | No | 9 | 78 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.47 | 0.52 | 0.21 | 1.00 | 0.21 | 0.27 | 10 | 40 | -0.24 | -0.01 | 33.89 | 31.00 | 12/18/2026 | No | 10 | 59 | None | |
| AEP | American Electric Power Company Inc | Options Chain | 1.70 | 2.10 | 1.02 | 5.00 | 0.20 | 0.22 | 24 | 6 | -0.29 | -0.03 | 130.85 | 125.00 | 12/18/2026 | No | 7 | 67 | None | |
| XYL | Xylem Inc | Options Chain | 1.50 | 2.15 | 1.00 | 5.00 | 0.20 | 0.34 | 15 | 12 | -0.25 | -0.04 | 92.45 | 90.00 | 12/18/2026 | No | 13 | 56 | None | |
| TROW | T. Rowe Price Group Inc | Options Chain | 1.95 | 2.40 | 1.00 | 5.00 | 0.20 | 0.32 | 55 | 12 | -0.29 | -0.05 | 103.86 | 100.00 | 12/18/2026 | No | 17 | 60 |
Dividend Stock List |
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| PR | Permian Resources Corp - Class A | Options Chain | 0.50 | 0.60 | 0.20 | 1.00 | 0.20 | 0.46 | 3 | 2 | -0.22 | -0.01 | 26.02 | 22.00 | 12/18/2026 | Yes | 12 | 65 | None | |
| VTRS | Viatris Inc | Options Chain | 0.35 | 0.45 | 0.20 | 1.00 | 0.20 | 0.42 | 3 | 2 | -0.23 | -0.01 | 18.91 | 17.00 | 12/18/2026 | Yes | 6 | 42 | None | |
| PCG | PG&E Corp | Options Chain | 0.30 | 0.36 | 0.20 | 1.00 | 0.20 | 0.46 | 18 | 842 | -0.24 | -0.01 | 13.23 | 12.00 | 12/18/2026 | No | 11 | 63 | None | |
| LUV | Southwest Airlines Company | Options Chain | 0.88 | 1.12 | 0.47 | 2.50 | 0.19 | 0.43 | 66 | 14 | -0.24 | -0.03 | 42.43 | 40.00 | 12/18/2026 | No | 10 | 54 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.24 | 1.29 | 0.47 | 2.50 | 0.19 | 0.28 | 38 | 451 | -0.24 | -0.03 | 83.30 | 80.00 | 12/18/2026 | No | 14 | 74 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 0.75 | 1.95 | 0.47 | 2.50 | 0.19 | 0.34 | 45 | 30 | -0.25 | -0.03 | 77.43 | 70.00 | 12/18/2026 | Yes | 17 | 52 | None | |
| C | Citigroup Inc | Options Chain | 2.03 | 2.22 | 0.92 | 5.00 | 0.18 | 0.32 | 192 | 981 | -0.24 | -0.06 | 122.54 | 115.00 | 12/18/2026 | No | 17 | 79 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.96 | 1.09 | 0.46 | 2.50 | 0.18 | 0.38 | 133 | 356 | -0.21 | -0.03 | 64.00 | 55.00 | 12/18/2026 | Yes | 10 | 62 | None | |
| APO | Apollo Global Management Inc | Options Chain | 2.20 | 3.50 | 0.90 | 5.00 | 0.18 | 0.44 | 319 | 885 | -0.26 | -0.07 | 115.92 | 110.00 | 12/18/2026 | Yes | 13 | 65 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.79 | 0.87 | 0.45 | 2.50 | 0.18 | 0.44 | 595 | 176 | -0.22 | -0.02 | 38.67 | 35.00 | 12/18/2026 | Yes | 13 | 58 | None | |
| GIS | General Mills Inc | Options Chain | 0.65 | 0.80 | 0.45 | 2.50 | 0.18 | 0.35 | 162 | 571 | -0.27 | -0.02 | 34.29 | 32.50 | 12/18/2026 | Yes | 6 | 51 | None | |
| BCS | Barclays plc | Options Chain | 0.40 | 0.45 | 0.18 | 1.00 | 0.18 | 0.34 | 7 | 4 | -0.23 | -0.01 | 22.33 | 21.00 | 12/18/2026 | No | 19 | 69 | None | |
| NEE | NextEra Energy Inc | Options Chain | 0.96 | 1.06 | 0.43 | 2.50 | 0.17 | 0.24 | 465 | 126 | -0.23 | -0.02 | 83.71 | 80.00 | 12/18/2026 | No | 7 | 65 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.55 | 0.75 | 0.17 | 1.00 | 0.17 | 0.32 | 4 | 1 | -0.24 | -0.02 | 38.37 | 36.00 | 12/18/2026 | No | 15 | 79 | None | |
| CVX | Chevron Corp | Options Chain | 3.35 | 3.65 | 1.65 | 10.00 | 0.16 | 0.32 | 888 | 56 | -0.23 | -0.08 | 235.52 | 210.00 | 12/18/2026 | Yes | 11 | 69 | None | |
| DD | DuPont de Nemours Inc | Options Chain | 0.90 | 3.60 | 0.82 | 5.00 | 0.16 | 0.33 | 0 | 11 | -0.22 | -0.06 | 140.05 | 130.00 | 12/18/2026 | Yes | 14 | 68 | None | |
| SYF | Synchrony Financial | Options Chain | 1.00 | 1.25 | 0.40 | 2.50 | 0.16 | 0.34 | 8 | 1 | -0.22 | -0.03 | 75.35 | 70.00 | 12/18/2026 | No | 10 | 66 | None | |
| AA | Alcoa Corp | Options Chain | 0.60 | 0.74 | 0.31 | 2.00 | 0.15 | 0.46 | 124 | 64 | -0.17 | -0.02 | 39.15 | 35.00 | 12/18/2026 | No | 17 | 47 | None | |
| KEY | Keycorp | Options Chain | 0.20 | 0.40 | 0.15 | 1.00 | 0.15 | 0.28 | 14 | 1 | -0.22 | -0.01 | 21.12 | 20.00 | 12/18/2026 | No | 10 | 58 | None | |
| T | AT&T Inc | Options Chain | 0.30 | 0.31 | 0.15 | 1.00 | 0.15 | 0.30 | 120 | 92 | -0.22 | -0.01 | 21.45 | 20.00 | 12/18/2026 | No | 9 | 60 | None |