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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NVO | Novo Nordisk | Options Chain | 1.17 | 2.05 | 0.57 | 1.00 | 0.57 | 0.47 | 0 | 5 | -0.27 | -0.02 | 50.56 | 47.00 | 8/28/2026 | Yes | 13 | 52 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.80 | 3.10 | 0.92 | 2.50 | 0.37 | 0.39 | 0 | 7 | -0.27 | -0.05 | 84.60 | 80.00 | 8/21/2026 | Yes | 11 | 25 | None | |
| GLW | Corning Inc | Options Chain | 8.60 | 10.90 | 1.82 | 5.00 | 0.36 | 0.92 | 12 | 0 | -0.27 | -0.20 | 174.41 | 140.00 | 8/28/2026 | Yes | 9 | 54 | None | |
| F | Ford Motor Company | Options Chain | 0.32 | 0.39 | 0.16 | 0.50 | 0.32 | 0.42 | 232 | 0 | -0.26 | -0.01 | 14.18 | 13.00 | 8/28/2026 | Yes | 9 | 47 | None | |
| HPQ | HP Inc | Options Chain | 0.72 | 1.05 | 0.16 | 0.50 | 0.32 | 0.49 | 3 | 0 | -0.28 | -0.02 | 23.75 | 22.00 | 8/28/2026 | Yes | 12 | 45 | None | |
| DOW | Dow Inc | Options Chain | 0.36 | 1.20 | 0.30 | 1.00 | 0.30 | 0.48 | 1 | 0 | -0.25 | -0.02 | 29.70 | 27.00 | 8/28/2026 | Yes | 6 | 52 | None | |
| ORCL | Oracle Corp | Options Chain | 4.85 | 5.30 | 1.48 | 5.00 | 0.30 | 0.63 | 35 | 24 | -0.27 | -0.12 | 132.49 | 115.00 | 8/28/2026 | No | 10 | 70 | None | |
| QCOM | Qualcomm Inc | Options Chain | 7.35 | 8.45 | 1.45 | 5.00 | 0.29 | 0.69 | 22 | 6 | -0.28 | -0.17 | 177.98 | 155.00 | 8/28/2026 | Yes | 11 | 64 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.60 | 6.25 | 1.38 | 5.00 | 0.28 | 0.50 | 35 | 4 | -0.29 | -0.14 | 211.20 | 190.00 | 8/28/2026 | Yes | 10 | 65 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 14.70 | 15.55 | 1.33 | 5.00 | 0.27 | 0.51 | 2 | 46 | -0.30 | -0.33 | 419.48 | 385.00 | 8/28/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| BAC | Bank Of America Corp | Options Chain | 0.85 | 1.00 | 0.25 | 1.00 | 0.25 | 0.23 | 4 | 0 | -0.27 | -0.02 | 61.60 | 59.00 | 8/28/2026 | No | 13 | 74 | None | |
| SYK | Stryker Corp | Options Chain | 5.50 | 7.40 | 2.45 | 10.00 | 0.25 | 0.38 | 2 | 13 | -0.24 | -0.18 | 316.44 | 310.00 | 8/21/2026 | Yes | 14 | 67 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.75 | 8.70 | 1.18 | 5.00 | 0.24 | 0.30 | 1 | 11 | -0.28 | -0.20 | 418.52 | 415.00 | 8/28/2026 | Yes | 10 | 58 | None | |
| ING | ING Groep N.V. | Options Chain | 0.60 | 0.65 | 0.23 | 1.00 | 0.23 | 0.31 | 1 | 1 | -0.29 | -0.01 | 33.31 | 31.00 | 8/21/2026 | Yes | 9 | 54 | None | |
| ROL | Rollins Inc | Options Chain | 0.85 | 1.05 | 0.52 | 2.50 | 0.21 | 0.37 | 7 | 62 | -0.28 | -0.02 | 44.29 | 42.50 | 8/21/2026 | Yes | 9 | 58 | None | |
| KO | Coca-Cola Company | Options Chain | 0.98 | 1.20 | 0.19 | 1.00 | 0.19 | 0.23 | 0 | 5 | -0.26 | -0.03 | 82.45 | 81.00 | 8/28/2026 | Yes | 9 | 63 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.51 | 0.72 | 0.18 | 1.00 | 0.18 | 0.30 | 0 | 12 | -0.24 | -0.02 | 42.47 | 41.00 | 8/28/2026 | Yes | 13 | 73 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.28 | 0 | 11 | -0.29 | -0.01 | 25.08 | 24.00 | 8/21/2026 | Yes | 13 | 59 | None | |
| T | AT&T Inc | Options Chain | 0.32 | 0.37 | 0.09 | 0.50 | 0.18 | 0.34 | 1 | 0 | -0.26 | -0.01 | 21.28 | 20.50 | 8/28/2026 | Yes | 13 | 70 | None | |
| QSR | Restaurant Brands International Inc | Options Chain | 0.75 | 1.20 | 0.40 | 2.50 | 0.16 | 0.30 | 1 | 0 | -0.23 | -0.03 | 74.18 | 72.50 | 8/21/2026 | Yes | 8 | 61 | None |