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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CMCSA | Comcast Corp - Class A | Options Chain | 0.07 | 1.50 | 0.51 | 1.00 | 0.51 | 0.36 | 22 | 2 | -0.29 | -0.01 | 25.11 | 24.00 | 9/25/2026 | No | 11 | 57 | None | |
| WMT | Walmart Inc | Options Chain | 2.20 | 2.57 | 0.49 | 1.00 | 0.49 | 0.30 | 0 | 1 | -0.30 | -0.05 | 112.07 | 106.00 | 9/25/2026 | Yes | 10 | 59 | None | |
| GLW | Corning Inc | Options Chain | 8.50 | 11.35 | 2.15 | 5.00 | 0.43 | 0.76 | 0 | 6 | -0.30 | -0.18 | 157.18 | 150.00 | 9/25/2026 | No | 9 | 54 | None | |
| NTAP | Netapp Inc | Options Chain | 7.60 | 9.20 | 1.95 | 5.00 | 0.39 | 0.62 | 1 | 1 | -0.30 | -0.17 | 191.48 | 175.00 | 9/18/2026 | Yes | 11 | 64 | None | |
| CRM | Salesforce Inc | Options Chain | 4.85 | 7.35 | 1.92 | 5.00 | 0.38 | 0.48 | 0 | 1 | -0.27 | -0.11 | 189.01 | 175.00 | 9/25/2026 | Yes | 11 | 63 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.59 | 3.60 | 0.33 | 1.00 | 0.33 | 0.29 | 2 | 0 | -0.29 | -0.05 | 154.84 | 145.00 | 9/25/2026 | No | 13 | 72 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.62 | 1.00 | 0.32 | 1.00 | 0.32 | 0.26 | 1 | 32 | -0.27 | -0.02 | 46.99 | 45.00 | 9/25/2026 | No | 10 | 73 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.82 | 1.26 | 0.32 | 1.00 | 0.32 | 0.39 | 6 | 0 | -0.27 | -0.03 | 42.00 | 39.00 | 9/25/2026 | No | 13 | 59 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.31 | 2.70 | 0.31 | 1.00 | 0.31 | 0.34 | 6 | 1 | -0.30 | -0.05 | 91.98 | 87.00 | 9/25/2026 | No | 13 | 67 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.30 | 12.35 | 1.53 | 5.00 | 0.31 | 0.40 | 8 | 3 | -0.28 | -0.23 | 418.20 | 390.00 | 9/25/2026 | No | 23 | 65 |
Dividend Stock List |
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| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.60 | 0.30 | 1.00 | 0.30 | 0.36 | 1 | 1 | -0.27 | -0.01 | 20.28 | 19.00 | 9/18/2026 | No | 7 | 53 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.85 | 9.40 | 1.43 | 5.00 | 0.29 | 0.30 | 3 | 1 | -0.28 | -0.16 | 403.97 | 385.00 | 9/25/2026 | No | 11 | 63 | None | |
| LVS | Las Vegas Sands Corp | Options Chain | 0.76 | 1.12 | 0.28 | 1.00 | 0.28 | 0.34 | 0 | 22 | -0.26 | -0.02 | 46.11 | 43.00 | 9/25/2026 | No | 9 | 55 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 4.70 | 5.00 | 1.40 | 5.00 | 0.28 | 0.47 | 10 | 5 | -0.27 | -0.12 | 170.61 | 155.00 | 9/18/2026 | No | 8 | 58 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.70 | 6.30 | 1.30 | 5.00 | 0.26 | 0.22 | 3 | 0 | -0.30 | -0.12 | 356.30 | 345.00 | 9/25/2026 | No | 12 | 80 | None | |
| F | Ford Motor Company | Options Chain | 0.12 | 0.36 | 0.13 | 0.50 | 0.26 | 0.34 | 4 | 1 | -0.25 | 0.00 | 13.81 | 13.00 | 9/25/2026 | No | 9 | 48 | None | |
| RF | Regions Financial Corp | Options Chain | 0.30 | 0.70 | 0.25 | 1.00 | 0.25 | 0.25 | 3 | 0 | -0.25 | -0.01 | 31.39 | 30.00 | 9/18/2026 | No | 17 | 69 | None | |
| EQNR | Equinor ASA | Options Chain | 0.95 | 1.10 | 0.25 | 1.00 | 0.25 | 0.36 | 4 | 0 | -0.30 | -0.02 | 39.30 | 37.00 | 9/18/2026 | No | 13 | 59 | None | |
| VST | Vistra Corp | Options Chain | 4.15 | 5.30 | 1.20 | 5.00 | 0.24 | 0.47 | 3 | 3 | -0.29 | -0.09 | 141.38 | 130.00 | 9/25/2026 | Yes | 6 | 56 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.95 | 2.25 | 0.60 | 2.50 | 0.24 | 0.41 | 10 | 31 | -0.24 | -0.03 | 87.90 | 82.50 | 9/18/2026 | Yes | 9 | 57 | None | |
| KO | Coca-Cola Company | Options Chain | 1.04 | 1.35 | 0.23 | 1.00 | 0.23 | 0.19 | 12 | 0 | -0.30 | -0.02 | 86.85 | 84.00 | 9/25/2026 | No | 9 | 61 | None | |
| CVX | Chevron Corp | Options Chain | 2.49 | 3.25 | 1.12 | 5.00 | 0.22 | 0.28 | 3 | 3 | -0.26 | -0.06 | 189.30 | 175.00 | 9/25/2026 | No | 11 | 69 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.50 | 0.60 | 0.22 | 1.00 | 0.22 | 0.39 | 14 | 0 | -0.23 | -0.01 | 28.31 | 26.00 | 9/18/2026 | No | 12 | 58 | None | |
| EXC | Exelon Corp | Options Chain | 0.60 | 0.70 | 0.22 | 1.00 | 0.22 | 0.21 | 22 | 10 | -0.30 | -0.01 | 45.32 | 44.00 | 9/18/2026 | No | 11 | 64 | None | |
| AU | AngloGold Ashanti Plc. | Options Chain | 2.10 | 2.40 | 1.07 | 5.00 | 0.21 | 0.51 | 36 | 915 | -0.22 | -0.05 | 87.59 | 85.00 | 9/18/2026 | Yes | 21 | 74 |
Dividend Stock List |
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| EIX | Edison International | Options Chain | 1.75 | 1.95 | 1.05 | 5.00 | 0.21 | 0.38 | 7413 | 101 | -0.29 | -0.04 | 67.23 | 65.00 | 9/18/2026 | No | 9 | 66 | None | |
| FOXA | Fox Corporation - Class A | Options Chain | 1.05 | 1.65 | 1.00 | 5.00 | 0.20 | 0.31 | 247 | 8 | -0.29 | -0.02 | 62.00 | 60.00 | 9/18/2026 | Yes | 14 | 62 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.15 | 1.35 | 0.50 | 2.50 | 0.20 | 0.29 | 6 | 6 | -0.26 | -0.03 | 77.51 | 72.50 | 9/18/2026 | No | 15 | 50 | None | |
| GIS | General Mills Inc | Options Chain | 0.70 | 0.80 | 0.50 | 2.50 | 0.20 | 0.31 | 4027 | 37 | -0.30 | -0.02 | 36.03 | 35.00 | 9/18/2026 | Yes | 5 | 53 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.56 | 1.10 | 0.20 | 1.00 | 0.20 | 0.37 | 6 | 0 | -0.28 | -0.02 | 43.06 | 40.00 | 9/25/2026 | No | 10 | 60 | None | |
| NVT | nVent Electric plc | Options Chain | 5.80 | 6.80 | 0.90 | 5.00 | 0.18 | 0.60 | 3 | 2 | -0.28 | -0.16 | 163.30 | 150.00 | 9/18/2026 | No | 12 | 20 | None | |
| PPL | PPL Corp | Options Chain | 0.35 | 0.65 | 0.17 | 1.00 | 0.17 | 0.21 | 7 | 0 | -0.30 | -0.01 | 34.62 | 34.00 | 9/18/2026 | Yes | 7 | 60 | None | |
| DUK | Duke Energy Corp | Options Chain | 1.25 | 1.60 | 0.85 | 5.00 | 0.17 | 0.19 | 90 | 10 | -0.27 | -0.03 | 123.60 | 120.00 | 9/18/2026 | No | 8 | 67 | None | |
| AEP | American Electric Power Company Inc | Options Chain | 1.25 | 1.70 | 0.80 | 5.00 | 0.16 | 0.21 | 13 | 1 | -0.25 | -0.03 | 125.26 | 120.00 | 9/18/2026 | No | 7 | 67 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.20 | 5.90 | 0.80 | 5.00 | 0.16 | 0.52 | 1 | 26 | -0.26 | -0.10 | 160.39 | 150.00 | 9/25/2026 | No | 12 | 71 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.50 | 8.20 | 0.80 | 5.00 | 0.16 | 0.38 | 0 | 2 | -0.29 | -0.10 | 233.43 | 220.00 | 9/25/2026 | No | 9 | 66 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.71 | 0.97 | 0.16 | 1.00 | 0.16 | 0.22 | 6 | 0 | -0.26 | -0.02 | 63.00 | 60.00 | 9/25/2026 | No | 12 | 74 | None | |
| MKC | McCormick & Co. Inc (Non Voting) | Options Chain | 1.00 | 1.10 | 0.77 | 5.00 | 0.15 | 0.33 | 1074 | 44 | -0.27 | -0.03 | 52.28 | 50.00 | 9/18/2026 | No | 8 | 55 | None | |
| BCS | Barclays plc | Options Chain | 0.40 | 0.50 | 0.15 | 1.00 | 0.15 | 0.33 | 17 | 0 | -0.24 | -0.01 | 28.18 | 26.00 | 9/18/2026 | No | 15 | 53 | None |