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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ORCL | Oracle Corp | Options Chain | 8.90 | 9.45 | 1.65 | 5.00 | 0.33 | 0.61 | 5037 | 40 | -0.29 | -0.15 | 192.08 | 175.00 | 7/17/2026 | Yes | 7 | 61 | None | |
| QCOM | Qualcomm Inc | Options Chain | 11.85 | 13.60 | 3.25 | 10.00 | 0.33 | 0.77 | 46 | 142 | -0.27 | -0.21 | 238.16 | 210.00 | 7/17/2026 | No | 14 | 67 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 13.95 | 14.45 | 3.10 | 10.00 | 0.31 | 0.46 | 8455 | 106 | -0.28 | -0.25 | 404.52 | 380.00 | 7/17/2026 | Yes | 20 | 62 |
Dividend Stock List |
|
| HPQ | HP Inc | Options Chain | 0.95 | 1.05 | 0.31 | 1.00 | 0.31 | 0.58 | 9 | 2 | -0.28 | -0.02 | 25.24 | 22.00 | 7/17/2026 | Yes | 13 | 57 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.66 | 0.80 | 0.31 | 1.00 | 0.31 | 0.25 | 0 | 15 | -0.28 | -0.01 | 33.79 | 32.00 | 7/17/2026 | Yes | 10 | 60 | None | |
| VST | Vistra Corp | Options Chain | 6.30 | 6.60 | 1.52 | 5.00 | 0.30 | 0.54 | 44 | 421 | -0.26 | -0.11 | 156.27 | 150.00 | 7/17/2026 | No | 8 | 56 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 11.10 | 12.20 | 3.00 | 10.00 | 0.30 | 0.50 | 0 | 1 | -0.28 | -0.21 | 316.47 | 300.00 | 7/17/2026 | No | 11 | 65 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.60 | 7.10 | 1.42 | 5.00 | 0.28 | 0.39 | 158 | 106 | -0.26 | -0.13 | 252.12 | 230.00 | 7/17/2026 | No | 14 | 72 | None | |
| NTAP | Netapp Inc | Options Chain | 3.60 | 4.90 | 1.37 | 5.00 | 0.27 | 0.50 | 7 | 26 | -0.24 | -0.07 | 139.36 | 125.00 | 7/17/2026 | Yes | 13 | 65 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.27 | 0.92 | 0.26 | 1.00 | 0.26 | 0.18 | 2 | 0 | -0.29 | -0.01 | 39.56 | 38.00 | 7/17/2026 | No | 9 | 59 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.60 | 1.15 | 0.25 | 1.00 | 0.25 | 0.43 | 50 | 2 | -0.24 | -0.01 | 30.21 | 27.00 | 7/17/2026 | No | 15 | 66 | None | |
| F | Ford Motor Company | Options Chain | 0.40 | 0.41 | 0.23 | 1.00 | 0.23 | 0.42 | 96 | 112 | -0.27 | -0.01 | 14.90 | 14.00 | 7/17/2026 | No | 8 | 47 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.03 | 1.13 | 0.53 | 2.50 | 0.21 | 0.40 | 6 | 2 | -0.24 | -0.02 | 47.22 | 42.50 | 7/17/2026 | No | 7 | 51 | None | |
| TD | Toronto Dominion Bank | Options Chain | 0.00 | 3.30 | 1.00 | 5.00 | 0.20 | 0.23 | 0 | 8 | -0.24 | -0.03 | 111.87 | 105.00 | 7/17/2026 | Yes | 17 | 77 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.20 | 6.40 | 1.90 | 10.00 | 0.19 | 0.31 | 114 | 153 | -0.23 | -0.13 | 388.47 | 350.00 | 7/17/2026 | No | 11 | 64 | None | |
| GM | General Motors Company | Options Chain | 1.42 | 1.60 | 0.47 | 2.50 | 0.19 | 0.38 | 11 | 18 | -0.23 | -0.03 | 78.79 | 72.50 | 7/17/2026 | No | 9 | 66 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.30 | 0.40 | 0.17 | 1.00 | 0.17 | 0.34 | 1 | 0 | -0.23 | 0.00 | 15.92 | 15.00 | 7/17/2026 | No | 9 | 58 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.30 | 1.40 | 0.83 | 5.00 | 0.17 | 0.53 | 9 | 10 | -0.18 | -0.03 | 61.93 | 55.00 | 7/17/2026 | No | 9 | 58 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.75 | 0.90 | 0.40 | 2.50 | 0.16 | 0.32 | 10 | 18 | -0.22 | -0.02 | 48.38 | 45.00 | 7/17/2026 | Yes | 15 | 73 | None | |
| T | AT&T Inc | Options Chain | 0.31 | 0.34 | 0.15 | 1.00 | 0.15 | 0.28 | 187 | 7 | -0.21 | -0.01 | 25.26 | 23.00 | 7/17/2026 | No | 9 | 58 | None | |
| INFY | Infosys Ltd | Options Chain | 0.25 | 0.80 | 0.15 | 1.00 | 0.15 | 0.49 | 2 | 10 | -0.24 | 0.00 | 12.80 | 11.00 | 7/17/2026 | No | 16 | 51 | None |