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.

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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
GLW Corning Inc Options Chain 9.55 10.30 1.68 5.00 0.34 0.74 28 89 -0.27 -0.17 171.60 155.00 6/18/2026 Yes 8 55 None
EQNR Equinor ASA Options Chain 1.15 1.50 0.33 1.00 0.33 0.43 2 12 -0.30 -0.02 38.61 35.00 6/18/2026 Yes 8 49 None
DELL Dell Technologies Inc - Class C Options Chain 10.35 11.00 1.58 5.00 0.32 0.63 85 155 -0.29 -0.17 212.14 195.00 6/18/2026 Yes 12 53 None
VST Vistra Corp Options Chain 7.65 8.15 1.57 5.00 0.31 0.58 22 44 -0.30 -0.13 157.50 150.00 6/18/2026 Yes 6 54 None
TSM Taiwan Semiconductor Manufacturing Options Chain 13.90 14.75 3.03 10.00 0.30 0.48 1002 430 -0.28 -0.25 382.66 370.00 6/18/2026 No 20 62
Dividend Stock List
ROK Rockwell Automation Inc Options Chain 11.30 13.20 3.00 10.00 0.30 0.42 0 3 -0.28 -0.21 408.91 370.00 6/18/2026 Yes 10 61 None
ORCL Oracle Corp Options Chain 7.75 7.95 1.50 5.00 0.30 0.62 320 438 -0.27 -0.14 176.28 155.00 6/18/2026 Yes 7 61 None
MSFT Microsoft Corporation Options Chain 11.70 12.05 1.50 5.00 0.30 0.35 276 305 -0.30 -0.20 415.75 400.00 6/18/2026 Yes 15 71 None
QCOM Qualcomm Inc Options Chain 4.80 5.30 1.47 5.00 0.29 0.49 2263 569 -0.28 -0.09 133.95 135.00 6/18/2026 Yes 9 66 None
HPQ HP Inc Options Chain 0.76 0.82 0.29 1.00 0.29 0.52 181 6 -0.30 -0.01 20.14 18.00 6/18/2026 Yes 13 52 None
NEM Newmont Corp Options Chain 4.10 4.35 1.41 5.00 0.28 0.48 53 173 -0.28 -0.07 111.06 110.00 6/18/2026 No 12 65 None
SLB SLB Options Chain 1.72 1.81 0.69 2.50 0.28 0.39 83 162 -0.30 -0.03 54.74 52.50 6/18/2026 Yes 9 66 None
IBM International Business Machines Corp Options Chain 5.35 6.00 1.35 5.00 0.27 0.35 68 76 -0.27 -0.08 231.08 215.00 6/18/2026 No 15 74 None
KEY Keycorp Options Chain 0.30 0.70 0.27 1.00 0.27 0.29 5 29 -0.24 -0.01 22.01 20.00 6/18/2026 No 10 59 None
CVE Cenovus Energy Inc Options Chain 0.60 1.00 0.27 1.00 0.27 0.45 9 16 -0.28 -0.02 26.45 24.00 6/18/2026 Yes 13 64 None
XOM Exxon Mobil Corp Options Chain 3.45 3.75 1.34 5.00 0.27 0.32 541 190 -0.30 -0.06 150.41 140.00 6/18/2026 Yes 11 73 None
RTX RTX Corp Options Chain 3.65 4.10 1.29 5.00 0.26 0.30 106 386 -0.29 -0.07 179.30 165.00 6/18/2026 No 13 67 None
RRC Range Resources Corp Options Chain 0.95 1.10 0.25 1.00 0.25 0.38 0 1 -0.26 -0.02 42.64 39.00 6/18/2026 Yes 16 63 None
ALLY Ally Financial Inc Options Chain 0.90 1.10 0.25 1.00 0.25 0.34 8 0 -0.26 -0.02 45.02 41.00 6/18/2026 No 9 66 None
DAL Delta Air Lines Inc Options Chain 2.12 2.44 0.62 2.50 0.25 0.47 97 177 -0.27 -0.04 68.37 62.50 6/18/2026 No 17 66 None
OXY Occidental Petroleum Corp Options Chain 1.53 1.57 0.61 2.50 0.24 0.40 240 133 -0.27 -0.03 57.83 52.50 6/18/2026 Yes 7 51 None
DOW Dow Inc Options Chain 1.34 1.42 0.61 2.50 0.24 0.49 2385 60 -0.28 -0.02 38.65 35.00 6/18/2026 No 6 49 None
EQT EQT Corp Options Chain 1.46 1.55 0.61 2.50 0.24 0.36 98 16 -0.29 -0.03 58.93 55.00 6/18/2026 Yes 17 71 None
WFC Wells Fargo & Company Options Chain 1.78 1.86 0.61 2.50 0.24 0.30 109 246 -0.29 -0.03 80.28 75.00 6/18/2026 No 13 74 None
PAAS Pan American Silver Corp Options Chain 2.20 2.40 1.20 5.00 0.24 0.59 18 5 -0.27 -0.04 55.12 50.00 6/18/2026 Yes 14 55 None
JPM JPMorgan Chase & Company Options Chain 5.80 6.10 1.20 5.00 0.24 0.26 191 173 -0.29 -0.11 311.69 295.00 6/18/2026 No 11 79 None
C Citigroup Inc Options Chain 3.15 3.40 1.18 5.00 0.24 0.34 807 737 -0.29 -0.05 128.02 120.00 6/18/2026 No 14 77 None
EPD Enterprise Products Partners L P Options Chain 0.39 0.71 0.23 1.00 0.23 0.21 8 57 -0.24 -0.01 37.84 36.00 6/18/2026 Yes 8 58 None
VZ Verizon Communications Inc Options Chain 0.79 0.86 0.23 1.00 0.23 0.27 108 60 -0.27 -0.02 46.38 44.00 6/18/2026 Yes 9 73 None
SAN Banco Santander S.A. Options Chain 0.30 0.45 0.23 1.00 0.23 0.41 1 1 -0.29 -0.01 11.89 11.00 6/18/2026 Yes 12 55 None
AVGO Broadcom Inc Options Chain 13.70 16.55 1.15 5.00 0.23 0.53 60 33 -0.29 -0.35 422.00 390.00 6/5/2026 Yes 10 64 None
GE General Electric Company Options Chain 6.20 6.80 2.22 10.00 0.22 0.39 126 75 -0.24 -0.14 282.34 260.00 6/18/2026 No 8 60 None
DPZ Dominos Pizza Inc Options Chain 7.40 9.60 2.20 10.00 0.22 0.36 1 2 -0.26 -0.17 372.39 340.00 6/18/2026 Yes 9 55 None
CSCO Cisco Systems Inc Options Chain 1.94 2.04 0.55 2.50 0.22 0.35 439 90 -0.26 -0.04 88.59 82.50 6/18/2026 Yes 9 65 None
NEE NextEra Energy Inc Options Chain 1.72 1.82 0.55 2.50 0.22 0.28 590 104 -0.27 -0.03 96.25 90.00 6/18/2026 No 6 69 None
FCX Freeport-McMoRan Inc Options Chain 1.80 1.91 1.06 5.00 0.21 0.48 553 401 -0.26 -0.04 61.48 55.00 6/18/2026 No 11 55 None
RIO Rio Tinto plc Options Chain 2.15 2.50 0.53 2.50 0.21 0.35 136 21 -0.26 -0.04 98.85 92.50 6/18/2026 No 10 70 None
KR Kroger Company Options Chain 1.00 1.29 0.51 2.50 0.20 0.29 2 49 -0.24 -0.02 69.10 62.50 6/18/2026 Yes 8 52 None
SCHW Charles Schwab Corp Options Chain 1.60 1.71 0.51 2.50 0.20 0.30 11 63 -0.25 -0.03 88.92 82.50 6/18/2026 No 15 69 None
CL Colgate-Palmolive Company Options Chain 1.25 1.50 0.50 2.50 0.20 0.26 7 32 -0.26 -0.03 83.94 80.00 6/18/2026 Yes 8 57 None
PRU Prudential Financial Inc Options Chain 1.75 2.15 0.50 2.50 0.20 0.32 32 10 -0.28 -0.03 94.35 87.50 6/18/2026 Yes 14 63 None
KDP Keurig Dr Pepper Inc Options Chain 0.25 0.55 0.20 1.00 0.20 0.26 53 260 -0.26 -0.01 28.53 27.00 6/18/2026 No 10 53 None
T AT&T Inc Options Chain 0.43 0.48 0.20 1.00 0.20 0.25 69 26 -0.27 -0.01 26.61 25.00 6/18/2026 No 8 57 None
FITB Fifth Third Bancorp Options Chain 0.90 1.20 0.20 1.00 0.20 0.29 0 2 -0.28 -0.02 50.89 47.00 6/18/2026 No 11 69 None
UNH Unitedhealth Group Inc Options Chain 6.05 6.55 1.95 10.00 0.20 0.30 136 281 -0.25 -0.13 354.56 330.00 6/18/2026 No 10 64 None
WMT Walmart Inc Options Chain 2.08 2.27 0.97 5.00 0.19 0.31 736 372 -0.23 -0.05 129.92 120.00 6/18/2026 Yes 8 58 None
CMCSA Comcast Corp - Class A Options Chain 0.60 0.66 0.19 1.00 0.19 0.35 481 291 -0.24 -0.01 31.64 26.00 6/18/2026 No 14 69 None
KMI Kinder Morgan Inc - Class P Options Chain 0.49 0.61 0.19 1.00 0.19 0.25 22 30 -0.27 -0.01 31.73 30.00 6/18/2026 No 14 67 None
CG Carlyle Group Inc (The) Options Chain 1.15 1.55 0.47 2.50 0.19 0.49 2 0 -0.24 -0.02 49.03 42.50 6/18/2026 Yes 11 68 None
CLX Clorox Company Options Chain 1.60 1.85 0.88 5.00 0.18 0.34 17 7 -0.21 -0.04 97.66 90.00 6/18/2026 Yes 9 46 None
APA APA Corporation Options Chain 0.95 1.00 0.43 2.50 0.17 0.54 3 1 -0.20 -0.02 38.55 32.50 6/18/2026 Yes 12 62 None
IVZ Invesco Ltd Options Chain 0.50 0.80 0.17 1.00 0.17 0.42 1 0 -0.25 -0.01 25.37 23.00 6/18/2026 Yes 8 58 None
KO Coca-Cola Company Options Chain 0.95 1.02 0.42 2.50 0.17 0.23 278 259 -0.24 -0.02 76.28 72.50 6/18/2026 Yes 10 69 None
PG Procter & Gamble Company Options Chain 1.75 1.89 0.77 5.00 0.15 0.23 651 338 -0.23 -0.05 145.71 140.00 6/18/2026 Yes 8 65 None
INFY Infosys Ltd Options Chain 0.20 0.45 0.15 1.00 0.15 0.46 485 20 -0.16 0.00 12.94 11.00 6/18/2026 No 11 42 None
F Ford Motor Company Options Chain 0.23 0.24 0.15 1.00 0.15 0.39 214 13 -0.20 0.00 12.48 11.00 6/18/2026 Yes 8 48 None