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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| QCOM | Qualcomm Inc | Options Chain | 4.00 | 6.60 | 2.23 | 5.00 | 0.45 | 0.40 | 1 | 0 | -0.28 | -0.10 | 180.84 | 170.00 | 2/27/2026 | Yes | 12 | 68 | None | |
| LRCX | Lam Research Corp | Options Chain | 7.60 | 10.30 | 2.15 | 5.00 | 0.43 | 0.57 | 0 | 3 | -0.30 | -0.15 | 202.47 | 185.00 | 2/27/2026 | Yes | 11 | 58 | None | |
| AMKR | AMKOR Technology Inc | Options Chain | 2.40 | 3.20 | 0.37 | 1.00 | 0.37 | 0.75 | 15 | 38 | -0.29 | -0.05 | 52.72 | 46.00 | 2/20/2026 | Yes | 16 | 54 | None | |
| STX | Seagate Technology Holdings Plc | Options Chain | 13.90 | 17.40 | 1.70 | 5.00 | 0.34 | 0.72 | 4 | 11 | -0.29 | -0.27 | 330.42 | 255.00 | 2/27/2026 | Yes | 13 | 57 | None | |
| MSFT | Microsoft Corporation | Options Chain | 7.30 | 11.20 | 1.70 | 5.00 | 0.34 | 0.28 | 13 | 2 | -0.29 | -0.21 | 483.80 | 455.00 | 2/27/2026 | Yes | 14 | 70 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.44 | 2.69 | 0.33 | 1.00 | 0.33 | 0.29 | 0 | 24 | -0.30 | -0.04 | 94.29 | 91.00 | 2/27/2026 | Yes | 11 | 74 | None | |
| F | Ford Motor Company | Options Chain | 0.30 | 0.45 | 0.16 | 0.50 | 0.32 | 0.34 | 61 | 21 | -0.30 | 0.00 | 13.78 | 13.50 | 2/27/2026 | Yes | 11 | 50 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.36 | 1.95 | 0.30 | 1.00 | 0.30 | 0.44 | 1 | 2 | -0.29 | -0.03 | 55.79 | 50.00 | 2/27/2026 | Yes | 11 | 61 | None | |
| STLD | Steel Dynamics Inc | Options Chain | 4.40 | 5.30 | 1.47 | 5.00 | 0.29 | 0.44 | 13 | 17 | -0.27 | -0.11 | 167.83 | 160.00 | 2/20/2026 | Yes | 12 | 66 | None | |
| AVGO | Broadcom Inc | Options Chain | 9.95 | 11.75 | 1.47 | 5.00 | 0.29 | 0.44 | 15 | 1 | -0.29 | -0.21 | 343.50 | 310.00 | 2/27/2026 | No | 11 | 67 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 6.15 | 9.25 | 1.45 | 5.00 | 0.29 | 0.38 | 1 | 2 | -0.27 | -0.17 | 318.68 | 295.00 | 2/27/2026 | Yes | 20 | 63 |
Dividend Stock List |
|
| LLY | Lilly(Eli) & Company | Options Chain | 24.85 | 26.80 | 2.80 | 10.00 | 0.28 | 0.38 | 4 | 91 | -0.30 | -0.62 | 1,107.73 | 1,010.00 | 2/20/2026 | Yes | 10 | 63 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.85 | 1.15 | 0.27 | 1.00 | 0.27 | 0.36 | 6 | 7 | -0.28 | -0.02 | 46.55 | 43.00 | 2/20/2026 | Yes | 9 | 70 | None | |
| NUE | Nucor Corp | Options Chain | 4.10 | 4.40 | 1.30 | 5.00 | 0.26 | 0.35 | 17 | 59 | -0.29 | -0.10 | 164.81 | 160.00 | 2/20/2026 | Yes | 14 | 67 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 3.70 | 4.10 | 1.20 | 5.00 | 0.24 | 0.48 | 172 | 34 | -0.26 | -0.09 | 138.91 | 125.00 | 2/20/2026 | Yes | 9 | 58 | None | |
| JCI | Johnson Controls International plc | Options Chain | 2.00 | 2.90 | 1.20 | 5.00 | 0.24 | 0.35 | 1005 | 19 | -0.27 | -0.06 | 111.96 | 105.00 | 2/20/2026 | Yes | 9 | 59 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.50 | 2.15 | 0.60 | 2.50 | 0.24 | 0.34 | 422 | 428 | -0.26 | -0.05 | 84.53 | 80.00 | 2/20/2026 | Yes | 12 | 72 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 2.90 | 3.20 | 1.17 | 5.00 | 0.23 | 0.32 | 35 | 289 | -0.28 | -0.08 | 141.24 | 140.00 | 2/20/2026 | No | 11 | 72 | None | |
| JEF | Jefferies Financial Group Inc | Options Chain | 1.55 | 1.65 | 0.57 | 2.50 | 0.23 | 0.39 | 32 | 25 | -0.30 | -0.03 | 62.71 | 57.50 | 2/20/2026 | Yes | 11 | 60 | None | |
| VST | Vistra Corp | Options Chain | 4.45 | 7.15 | 1.13 | 5.00 | 0.23 | 0.51 | 8 | 1 | -0.29 | -0.12 | 154.60 | 140.00 | 2/27/2026 | Yes | 7 | 56 | None | |
| ORCL | Oracle Corp | Options Chain | 4.10 | 8.20 | 1.12 | 5.00 | 0.22 | 0.46 | 3 | 0 | -0.28 | -0.11 | 192.52 | 175.00 | 2/27/2026 | No | 10 | 65 | None | |
| AZN | Astrazeneca plc | Options Chain | 0.58 | 1.90 | 0.55 | 2.50 | 0.22 | 0.28 | 0 | 18 | -0.24 | -0.03 | 95.16 | 87.50 | 2/20/2026 | Yes | 11 | 67 | None | |
| CARR | Carrier Global Corp | Options Chain | 1.25 | 1.40 | 0.53 | 2.50 | 0.21 | 0.40 | 11 | 9 | -0.27 | -0.02 | 52.94 | 50.00 | 2/20/2026 | Yes | 13 | 63 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.10 | 1.20 | 0.52 | 2.50 | 0.21 | 0.28 | 238 | 130 | -0.30 | -0.03 | 63.87 | 60.00 | 2/20/2026 | Yes | 9 | 54 | None | |
| VLO | Valero Energy Corp | Options Chain | 2.85 | 5.80 | 1.03 | 5.00 | 0.21 | 0.38 | 0 | 3 | -0.24 | -0.07 | 183.86 | 175.00 | 2/27/2026 | Yes | 11 | 69 | None | |
| COST | Costco Wholesale Corp | Options Chain | 10.35 | 17.25 | 1.00 | 5.00 | 0.20 | 0.21 | 0 | 1 | -0.29 | -0.31 | 892.00 | 885.00 | 2/27/2026 | Yes | 15 | 62 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 0.95 | 1.45 | 0.50 | 2.50 | 0.20 | 0.31 | 35 | 15 | -0.29 | -0.02 | 58.52 | 57.50 | 2/20/2026 | Yes | 11 | 48 | None | |
| TOL | Toll Brothers Inc | Options Chain | 2.40 | 2.85 | 0.98 | 5.00 | 0.20 | 0.38 | 23 | 5 | -0.24 | -0.07 | 136.09 | 125.00 | 2/20/2026 | Yes | 10 | 69 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 1.93 | 5.60 | 0.95 | 5.00 | 0.19 | 0.31 | 0 | 3 | -0.26 | -0.08 | 197.29 | 185.00 | 2/27/2026 | Yes | 10 | 67 | None | |
| RF | Regions Financial Corp | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.30 | 23 | 24 | -0.24 | -0.01 | 28.30 | 27.00 | 2/20/2026 | Yes | 13 | 70 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.60 | 0.85 | 0.18 | 1.00 | 0.18 | 0.28 | 63 | 5 | -0.25 | -0.02 | 49.12 | 47.00 | 2/20/2026 | Yes | 8 | 63 | None | |
| ARMK | Aramark | Options Chain | 0.45 | 0.75 | 0.17 | 1.00 | 0.17 | 0.32 | 0 | 10 | -0.24 | -0.02 | 38.38 | 36.00 | 2/20/2026 | Yes | 10 | 51 | None | |
| CLX | Clorox Company | Options Chain | 1.70 | 1.80 | 0.85 | 5.00 | 0.17 | 0.35 | 338 | 60 | -0.21 | -0.03 | 101.90 | 95.00 | 2/20/2026 | Yes | 12 | 54 | None | |
| BWA | BorgWarner Inc | Options Chain | 0.70 | 1.20 | 0.40 | 2.50 | 0.16 | 0.33 | 11 | 0 | -0.27 | -0.02 | 47.45 | 45.00 | 2/20/2026 | Yes | 10 | 53 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.15 | 0.35 | 0.15 | 1.00 | 0.15 | 0.36 | 17 | 8 | -0.22 | -0.01 | 13.64 | 13.00 | 2/20/2026 | No | 11 | 64 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.45 | 0.65 | 0.15 | 1.00 | 0.15 | 0.37 | 16 | 0 | -0.25 | -0.01 | 27.69 | 26.00 | 2/20/2026 | Yes | 16 | 62 | None |