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
ORCL Oracle Corp Options Chain 9.15 10.80 1.33 2.50 0.53 0.66 0 10 -0.29 -0.18 194.59 177.50 6/26/2026 Yes 7 61 None
NVO Novo Nordisk Options Chain 1.07 2.00 0.44 1.00 0.44 0.43 0 2 -0.29 -0.02 45.80 43.00 6/26/2026 No 17 63 None
QCOM Qualcomm Inc Options Chain 9.55 13.40 1.00 2.50 0.40 0.68 0 132 -0.30 -0.20 202.55 197.50 6/26/2026 No 11 63 None
GLW Corning Inc Options Chain 9.45 12.45 0.92 2.50 0.37 0.71 7 3 -0.30 -0.19 182.40 170.00 6/26/2026 No 8 52 None
TSM Taiwan Semiconductor Manufacturing Options Chain 12.15 14.75 1.82 5.00 0.36 0.46 34 35 -0.29 -0.26 414.15 380.00 6/26/2026 No 20 61
Dividend Stock List
DELL Dell Technologies Inc - Class C Options Chain 13.85 17.65 1.80 5.00 0.36 0.74 0 10 -0.30 -0.25 230.27 235.00 6/26/2026 Yes 15 59 None
EPD Enterprise Products Partners L P Options Chain 0.41 0.82 0.33 1.00 0.33 0.23 10 0 -0.27 -0.01 37.73 36.00 6/26/2026 No 12 68 None
VST Vistra Corp Options Chain 4.80 5.80 1.65 5.00 0.33 0.52 1 20 -0.28 -0.10 153.95 135.00 6/26/2026 Yes 9 63 None
JPM JPMorgan Chase & Company Options Chain 4.80 6.85 1.65 5.00 0.33 0.26 38 0 -0.29 -0.13 306.27 290.00 6/26/2026 No 12 79 None
AVGO Broadcom Inc Options Chain 16.10 16.75 3.23 10.00 0.32 0.53 712 360 -0.30 -0.36 412.80 400.00 6/18/2026 Yes 9 62 None
AU AngloGold Ashanti Plc. Options Chain 2.55 3.50 1.58 5.00 0.32 0.52 13 5 -0.23 -0.06 100.23 95.00 6/18/2026 Yes 16 61
Dividend Stock List
WMT Walmart Inc Options Chain 2.19 3.40 0.29 1.00 0.29 0.29 6 1 -0.30 -0.06 130.20 125.00 6/26/2026 Yes 8 56 None
GPN Global Payments Inc Options Chain 1.70 2.00 0.72 2.50 0.29 0.40 22 46 -0.29 -0.04 70.13 65.00 6/18/2026 No 7 58 None
KHC Kraft Heinz Company Options Chain 0.37 0.58 0.14 0.50 0.28 0.28 1 0 -0.26 -0.01 23.64 22.50 6/26/2026 No 6 57 None
MSFT Microsoft Corporation Options Chain 6.75 6.95 1.35 5.00 0.27 0.28 321 2613 -0.27 -0.16 420.77 395.00 6/18/2026 No 15 72 None
OXY Occidental Petroleum Corp Options Chain 1.10 1.53 0.26 1.00 0.26 0.36 72 0 -0.30 -0.03 54.75 50.00 6/26/2026 No 7 50 None
EXC Exelon Corp Options Chain 0.65 1.00 0.25 1.00 0.25 0.25 2 9 -0.28 -0.01 44.41 43.00 6/18/2026 No 8 57 None
ALLY Ally Financial Inc Options Chain 0.85 1.05 0.25 1.00 0.25 0.33 0 2 -0.28 -0.02 43.79 42.00 6/18/2026 No 15 72 None
MO Altria Group Inc Options Chain 0.97 1.30 0.25 1.00 0.25 0.23 0 25 -0.29 -0.02 69.04 65.00 6/26/2026 No 12 67 None
APH Amphenol Corp - Class A Options Chain 3.00 3.40 1.20 5.00 0.24 0.51 77 201 -0.23 -0.09 136.23 115.00 6/18/2026 No 9 58 None
WFC Wells Fargo & Company Options Chain 1.12 2.16 0.24 1.00 0.24 0.32 0 1 -0.28 -0.04 79.16 72.00 6/26/2026 No 13 74 None
DOW Dow Inc Options Chain 1.17 1.45 0.24 1.00 0.24 0.47 3 0 -0.30 -0.02 37.32 34.00 6/26/2026 No 6 49 None
MCD McDonald`s Corp Options Chain 3.45 4.05 1.16 5.00 0.23 0.21 11 0 -0.28 -0.07 283.70 265.00 6/26/2026 No 9 61 None
BWA BorgWarner Inc Options Chain 0.80 2.10 0.55 2.50 0.22 0.36 40 5 -0.28 -0.03 58.18 57.50 6/18/2026 No 11 56 None
F Ford Motor Company Options Chain 0.05 0.40 0.11 0.50 0.22 0.33 3 12 -0.26 0.00 12.15 11.50 6/26/2026 No 8 50 None
JNJ Johnson & Johnson Options Chain 0.65 4.40 1.02 5.00 0.20 0.21 4 0 -0.25 -0.06 222.51 210.00 6/26/2026 No 8 66 None
KO Coca-Cola Company Options Chain 0.75 1.15 0.20 1.00 0.20 0.20 14 0 -0.25 -0.02 78.43 75.00 6/26/2026 No 9 63 None
BCS Barclays plc Options Chain 0.50 0.60 0.20 1.00 0.20 0.41 15 0 -0.26 -0.01 23.61 22.00 6/18/2026 No 18 68 None
BKR Baker Hughes Co - Class A Options Chain 1.30 1.55 0.98 5.00 0.20 0.36 138 6 -0.28 -0.04 64.22 60.00 6/18/2026 No 15 63 None
CMCSA Comcast Corp - Class A Options Chain 0.42 0.50 0.19 1.00 0.19 0.30 2 12 -0.25 -0.01 26.24 24.00 6/26/2026 No 11 53 None
KMI Kinder Morgan Inc - Class P Options Chain 0.37 0.56 0.19 1.00 0.19 0.24 4 4 -0.27 -0.01 31.52 30.00 6/26/2026 No 13 67 None
VZ Verizon Communications Inc Options Chain 0.38 0.77 0.18 1.00 0.18 0.22 1 1 -0.23 -0.02 47.09 45.00 6/26/2026 No 10 64 None
VTRS Viatris Inc Options Chain 0.25 0.40 0.18 1.00 0.18 0.33 10 15 -0.27 -0.01 17.39 16.00 6/18/2026 No 6 51 None
CG Carlyle Group Inc (The) Options Chain 0.90 1.15 0.43 2.50 0.17 0.46 7 1 -0.21 -0.02 49.01 45.00 6/18/2026 No 10 61 None
PR Permian Resources Corp - Class A Options Chain 0.25 0.45 0.17 1.00 0.17 0.39 822 5 -0.23 -0.01 20.08 18.00 6/18/2026 Yes 8 58 None
HST Host Hotels & Resorts Inc Options Chain 0.30 0.50 0.17 1.00 0.17 0.31 0 6 -0.27 -0.01 21.50 21.00 6/18/2026 No 11 52 None
XOM Exxon Mobil Corp Options Chain 1.89 2.98 0.84 5.00 0.17 0.29 3 0 -0.26 -0.05 146.58 135.00 6/26/2026 No 9 64 None
GIS General Mills Inc Options Chain 0.50 0.55 0.38 2.50 0.15 0.32 286 36 -0.23 -0.02 35.66 32.50 6/18/2026 No 10 61 None
ZTS Zoetis Inc - Class A Options Chain 1.15 1.60 0.75 5.00 0.15 0.42 672 73 -0.20 -0.05 87.31 75.00 6/18/2026 No 10 54 None
KEY Keycorp Options Chain 0.25 0.30 0.15 1.00 0.15 0.30 101 1 -0.22 -0.01 21.69 20.00 6/18/2026 No 14 68 None
FHN First Horizon Corporation Options Chain 0.30 0.45 0.15 1.00 0.15 0.31 1 0 -0.24 -0.01 24.47 23.00 6/18/2026 No 18 68 None
C Citigroup Inc Options Chain 2.57 3.75 0.15 1.00 0.15 0.33 0 1 -0.30 -0.06 129.09 120.00 6/26/2026 No 14 77 None