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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DELL | Dell Technologies Inc - Class C | Options Chain | 17.95 | 19.65 | 3.67 | 10.00 | 0.37 | 0.74 | 90 | 130 | -0.29 | -0.33 | 317.50 | 290.00 | 7/17/2026 | Yes | 14 | 58 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.82 | 1.89 | 0.36 | 1.00 | 0.36 | 0.64 | 58 | 1 | -0.30 | -0.03 | 37.72 | 34.00 | 7/17/2026 | Yes | 6 | 51 | None | |
| ORCL | Oracle Corp | Options Chain | 10.05 | 10.25 | 1.77 | 5.00 | 0.35 | 0.63 | 126 | 108 | -0.30 | -0.17 | 190.96 | 185.00 | 7/17/2026 | Yes | 7 | 61 | None | |
| GLW | Corning Inc | Options Chain | 9.40 | 10.25 | 1.58 | 5.00 | 0.32 | 0.72 | 47 | 89 | -0.28 | -0.18 | 190.89 | 165.00 | 7/17/2026 | No | 8 | 52 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 13.75 | 14.45 | 3.12 | 10.00 | 0.31 | 0.47 | 89 | 238 | -0.27 | -0.27 | 421.53 | 390.00 | 7/17/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| APH | Amphenol Corp - Class A | Options Chain | 5.50 | 6.20 | 1.55 | 5.00 | 0.31 | 0.53 | 30 | 26 | -0.28 | -0.11 | 140.24 | 135.00 | 7/17/2026 | No | 10 | 62 | None | |
| NTAP | Netapp Inc | Options Chain | 4.90 | 6.10 | 1.55 | 5.00 | 0.31 | 0.51 | 0 | 5 | -0.30 | -0.10 | 138.95 | 130.00 | 7/17/2026 | Yes | 13 | 65 | None | |
| IBM | International Business Machines Corp | Options Chain | 7.10 | 7.45 | 1.53 | 5.00 | 0.31 | 0.40 | 65 | 201 | -0.28 | -0.15 | 255.20 | 245.00 | 7/17/2026 | No | 13 | 72 | None | |
| QCOM | Qualcomm Inc | Options Chain | 11.30 | 12.25 | 3.00 | 10.00 | 0.30 | 0.79 | 539 | 66 | -0.26 | -0.23 | 230.50 | 210.00 | 7/17/2026 | No | 10 | 61 | None | |
| HD | Home Depot Inc | Options Chain | 5.90 | 6.80 | 1.47 | 5.00 | 0.29 | 0.30 | 43 | 52 | -0.27 | -0.11 | 317.85 | 300.00 | 7/17/2026 | No | 6 | 60 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 25.10 | 27.85 | 2.75 | 10.00 | 0.28 | 0.35 | 23 | 34 | -0.28 | -0.57 | 1,082.92 | 1,060.00 | 7/17/2026 | No | 9 | 65 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.46 | 2.55 | 1.36 | 5.00 | 0.27 | 0.52 | 127 | 216 | -0.29 | -0.05 | 63.63 | 60.00 | 7/17/2026 | No | 11 | 58 | None | |
| BWA | BorgWarner Inc | Options Chain | 2.20 | 2.45 | 0.68 | 2.50 | 0.27 | 0.51 | 43 | 14 | -0.25 | -0.05 | 70.83 | 65.00 | 7/17/2026 | No | 13 | 61 | None | |
| BBY | Best Buy Co. Inc | Options Chain | 1.80 | 2.00 | 0.67 | 2.50 | 0.27 | 0.39 | 249 | 123 | -0.25 | -0.03 | 64.54 | 70.00 | 7/17/2026 | Yes | 18 | 57 | None | |
| COST | Costco Wholesale Corp | Options Chain | 17.25 | 18.10 | 1.30 | 5.00 | 0.26 | 0.24 | 14 | 16 | -0.29 | -0.35 | 1,005.73 | 960.00 | 7/17/2026 | Yes | 14 | 59 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.55 | 2.70 | 0.65 | 2.50 | 0.26 | 0.48 | 24 | 9 | -0.27 | -0.05 | 81.92 | 75.00 | 7/17/2026 | Yes | 16 | 66 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.88 | 1.96 | 0.65 | 2.50 | 0.26 | 0.33 | 28 | 36 | -0.30 | -0.04 | 76.11 | 72.50 | 7/17/2026 | Yes | 13 | 74 | None | |
| D | Dominion Energy Inc | Options Chain | 1.00 | 1.45 | 0.63 | 2.50 | 0.25 | 0.24 | 1 | 1 | -0.29 | -0.02 | 67.20 | 65.00 | 7/17/2026 | No | 10 | 70 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.85 | 1.10 | 0.25 | 1.00 | 0.25 | 0.44 | 1 | 1 | -0.25 | -0.02 | 42.94 | 39.00 | 7/17/2026 | Yes | 16 | 77 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.45 | 5.65 | 1.22 | 5.00 | 0.24 | 0.29 | 87 | 73 | -0.27 | -0.11 | 299.00 | 280.00 | 7/17/2026 | Yes | 9 | 70 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.97 | 3.15 | 1.22 | 5.00 | 0.24 | 0.30 | 72 | 74 | -0.27 | -0.07 | 149.81 | 140.00 | 7/17/2026 | No | 9 | 64 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.99 | 1.04 | 0.24 | 1.00 | 0.24 | 0.29 | 23 | 49 | -0.28 | -0.02 | 51.10 | 48.00 | 7/17/2026 | Yes | 13 | 74 | None | |
| F | Ford Motor Company | Options Chain | 0.44 | 0.45 | 0.23 | 1.00 | 0.23 | 0.44 | 1036 | 586 | -0.26 | -0.01 | 15.88 | 15.00 | 7/17/2026 | No | 9 | 48 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.70 | 0.95 | 0.23 | 1.00 | 0.23 | 0.40 | 0 | 1 | -0.29 | -0.02 | 27.61 | 26.00 | 7/17/2026 | No | 7 | 56 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.40 | 0.45 | 0.23 | 1.00 | 0.23 | 0.45 | 9 | 0 | -0.30 | -0.01 | 13.04 | 12.00 | 7/17/2026 | Yes | 19 | 59 | None | |
| RTX | RTX Corp | Options Chain | 3.00 | 3.35 | 1.10 | 5.00 | 0.22 | 0.28 | 19 | 58 | -0.26 | -0.08 | 176.59 | 170.00 | 7/17/2026 | No | 13 | 68 | None | |
| GPN | Global Payments Inc | Options Chain | 1.55 | 1.85 | 0.55 | 2.50 | 0.22 | 0.40 | 1 | 0 | -0.25 | -0.04 | 73.46 | 67.50 | 7/17/2026 | No | 10 | 62 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.45 | 6.95 | 2.12 | 10.00 | 0.21 | 0.29 | 11 | 27 | -0.25 | -0.13 | 376.86 | 360.00 | 7/17/2026 | No | 11 | 64 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.55 | 1.80 | 1.05 | 5.00 | 0.21 | 0.39 | 20 | 13 | -0.27 | -0.04 | 63.20 | 60.00 | 7/17/2026 | No | 15 | 63 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.62 | 0.67 | 0.21 | 1.00 | 0.21 | 0.26 | 154 | 204 | -0.24 | -0.01 | 48.49 | 45.00 | 7/17/2026 | No | 9 | 64 | None | |
| APA | APA Corporation | Options Chain | 0.91 | 0.97 | 0.52 | 2.50 | 0.21 | 0.48 | 4 | 604 | -0.22 | -0.02 | 36.62 | 32.50 | 7/17/2026 | No | 15 | 62 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.29 | 2.46 | 1.03 | 5.00 | 0.21 | 0.35 | 128 | 144 | -0.25 | -0.05 | 119.67 | 110.00 | 7/17/2026 | No | 10 | 62 | None | |
| HPQ | HP Inc | Options Chain | 0.61 | 0.62 | 0.20 | 1.00 | 0.20 | 0.46 | 933 | 71 | -0.22 | -0.01 | 25.49 | 22.00 | 7/17/2026 | Yes | 13 | 57 | None | |
| KEY | Keycorp | Options Chain | 0.35 | 0.50 | 0.20 | 1.00 | 0.20 | 0.29 | 2 | 0 | -0.28 | -0.01 | 21.50 | 20.00 | 7/17/2026 | No | 10 | 59 | None | |
| RF | Regions Financial Corp | Options Chain | 0.50 | 0.70 | 0.20 | 1.00 | 0.20 | 0.31 | 0 | 1 | -0.29 | -0.01 | 28.25 | 26.00 | 7/17/2026 | Yes | 18 | 70 | None | |
| KO | Coca-Cola Company | Options Chain | 0.99 | 1.11 | 0.49 | 2.50 | 0.20 | 0.19 | 156 | 99 | -0.29 | -0.02 | 81.62 | 77.50 | 7/17/2026 | No | 9 | 63 | None | |
| C | Citigroup Inc | Options Chain | 2.28 | 2.46 | 0.96 | 5.00 | 0.19 | 0.34 | 79 | 85 | -0.24 | -0.06 | 125.39 | 115.00 | 7/17/2026 | Yes | 14 | 77 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.30 | 1.75 | 0.95 | 5.00 | 0.19 | 0.47 | 3 | 1 | -0.21 | -0.03 | 67.67 | 60.00 | 7/17/2026 | No | 7 | 52 | None | |
| CLX | Clorox Company | Options Chain | 1.65 | 1.85 | 0.92 | 5.00 | 0.18 | 0.33 | 21 | 43 | -0.23 | -0.05 | 97.11 | 90.00 | 7/17/2026 | No | 15 | 55 | None | |
| DUK | Duke Energy Corp | Options Chain | 1.45 | 1.90 | 0.90 | 5.00 | 0.18 | 0.20 | 322 | 29 | -0.27 | -0.04 | 125.35 | 120.00 | 7/17/2026 | No | 10 | 75 | None | |
| A | Agilent Technologies Inc | Options Chain | 2.00 | 2.85 | 0.88 | 5.00 | 0.18 | 0.36 | 7 | 1 | -0.24 | -0.06 | 115.84 | 125.00 | 7/17/2026 | Yes | 11 | 61 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.81 | 0.91 | 0.44 | 2.50 | 0.18 | 0.39 | 27 | 508 | -0.23 | -0.02 | 44.27 | 40.00 | 7/17/2026 | No | 7 | 51 | None | |
| WMB | Williams Cos Inc | Options Chain | 1.10 | 1.50 | 0.87 | 5.00 | 0.17 | 0.26 | 5 | 7 | -0.27 | -0.02 | 74.37 | 70.00 | 7/17/2026 | No | 9 | 63 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.76 | 0.82 | 0.41 | 2.50 | 0.16 | 0.29 | 59 | 36 | -0.22 | -0.02 | 58.04 | 52.50 | 7/17/2026 | No | 15 | 61 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.34 | 0.41 | 0.15 | 1.00 | 0.15 | 0.25 | 53 | 2 | -0.21 | -0.01 | 32.22 | 30.00 | 7/17/2026 | Yes | 13 | 67 | None | |
| BCS | Barclays plc | Options Chain | 0.45 | 0.50 | 0.15 | 1.00 | 0.15 | 0.41 | 52 | 0 | -0.22 | -0.01 | 24.56 | 22.00 | 7/17/2026 | No | 15 | 59 | None |