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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EQNR | Equinor ASA | Options Chain | 0.85 | 1.10 | 0.40 | 1.00 | 0.40 | 0.39 | 45 | 15 | -0.30 | -0.02 | 31.58 | 30.00 | 4/17/2026 | No | 10 | 61 | None | |
| AMAT | Applied Materials Inc | Options Chain | 14.50 | 16.70 | 1.65 | 5.00 | 0.33 | 0.61 | 1 | 1 | -0.29 | -0.29 | 357.76 | 310.00 | 4/24/2026 | No | 12 | 63 | None | |
| GLW | Corning Inc | Options Chain | 5.85 | 6.30 | 1.53 | 5.00 | 0.31 | 0.70 | 261 | 98 | -0.28 | -0.14 | 144.84 | 120.00 | 4/17/2026 | No | 9 | 57 | None | |
| EL | Estee Lauder Cos. Inc - Class A | Options Chain | 3.20 | 3.40 | 1.36 | 5.00 | 0.27 | 0.46 | 62 | 2 | -0.30 | -0.07 | 99.21 | 90.00 | 4/17/2026 | No | 5 | 48 | None | |
| GS | Goldman Sachs Group Inc | Options Chain | 21.55 | 25.10 | 1.33 | 5.00 | 0.27 | 0.42 | 9 | 38 | -0.30 | -0.55 | 867.25 | 775.00 | 4/17/2026 | Yes | 10 | 68 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.80 | 2.15 | 0.63 | 2.50 | 0.25 | 0.50 | 69 | 5 | -0.24 | -0.05 | 61.92 | 60.00 | 4/17/2026 | No | 7 | 53 | None | |
| ORCL | Oracle Corp | Options Chain | 4.95 | 8.75 | 1.25 | 5.00 | 0.25 | 0.71 | 2 | 0 | -0.27 | -0.13 | 152.37 | 135.00 | 4/24/2026 | Yes | 7 | 60 | None | |
| ALLY | Ally Financial Inc | Options Chain | 1.10 | 1.30 | 0.25 | 1.00 | 0.25 | 0.44 | 4 | 1 | -0.27 | -0.03 | 40.41 | 37.00 | 4/17/2026 | Yes | 11 | 68 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 5.60 | 9.95 | 1.20 | 5.00 | 0.24 | 0.40 | 2 | 5 | -0.30 | -0.14 | 291.96 | 270.00 | 4/24/2026 | Yes | 11 | 65 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 24.60 | 29.10 | 2.32 | 10.00 | 0.23 | 0.40 | 61 | 29 | -0.30 | -0.62 | 1,003.57 | 920.00 | 4/17/2026 | No | 12 | 65 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.10 | 2.25 | 0.58 | 2.50 | 0.23 | 0.37 | 24 | 7 | -0.22 | -0.02 | 96.25 | 85.00 | 4/17/2026 | No | 10 | 71 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 4.00 | 4.50 | 1.15 | 5.00 | 0.23 | 0.40 | 45 | 14 | -0.22 | -0.12 | 220.77 | 200.00 | 4/17/2026 | No | 12 | 64 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.70 | 10.20 | 1.15 | 5.00 | 0.23 | 0.45 | 0 | 1 | -0.30 | -0.16 | 250.06 | 240.00 | 4/24/2026 | Yes | 14 | 73 | None | |
| UL | Unilever plc | Options Chain | 1.10 | 1.20 | 0.55 | 2.50 | 0.22 | 0.24 | 278 | 427 | -0.30 | -0.03 | 69.07 | 65.00 | 4/17/2026 | No | 8 | 59 | None | |
| AMKR | AMKOR Technology Inc | Options Chain | 1.95 | 2.15 | 0.22 | 1.00 | 0.22 | 0.71 | 3 | 312 | -0.28 | -0.05 | 45.77 | 39.00 | 4/17/2026 | No | 19 | 47 | None | |
| RF | Regions Financial Corp | Options Chain | 0.55 | 0.75 | 0.22 | 1.00 | 0.22 | 0.37 | 1 | 0 | -0.28 | -0.02 | 27.83 | 26.00 | 4/17/2026 | Yes | 15 | 69 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.10 | 6.10 | 1.08 | 5.00 | 0.22 | 0.29 | 5 | 0 | -0.28 | -0.09 | 245.30 | 225.00 | 4/24/2026 | Yes | 13 | 73 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.50 | 1.65 | 0.50 | 2.50 | 0.20 | 0.40 | 8 | 103 | -0.21 | -0.02 | 79.00 | 67.50 | 4/17/2026 | No | 9 | 56 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.35 | 1.55 | 0.50 | 2.50 | 0.20 | 0.44 | 231 | 8 | -0.23 | -0.04 | 65.12 | 60.00 | 4/17/2026 | No | 16 | 71 | None | |
| BCS | Barclays plc | Options Chain | 0.45 | 0.60 | 0.20 | 1.00 | 0.20 | 0.47 | 5 | 0 | -0.21 | -0.01 | 23.34 | 20.00 | 4/17/2026 | No | 17 | 56 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.50 | 0.70 | 0.20 | 1.00 | 0.20 | 0.50 | 15 | 0 | -0.24 | -0.02 | 25.43 | 22.00 | 4/17/2026 | No | 6 | 58 | None | |
| BBD | Banco Bradesco S.A. | Options Chain | 0.10 | 0.15 | 0.10 | 0.50 | 0.20 | 0.45 | 1 | 0 | -0.29 | 0.00 | 3.91 | 3.50 | 4/17/2026 | No | 16 | 47 | None | |
| BTI | British American Tobacco Plc | Options Chain | 0.95 | 1.15 | 0.80 | 5.00 | 0.16 | 0.28 | 701 | 19 | -0.26 | -0.02 | 61.01 | 55.00 | 4/17/2026 | No | 9 | 61 | None | |
| F | Ford Motor Company | Options Chain | 0.12 | 0.40 | 0.08 | 0.50 | 0.16 | 0.30 | 13 | 0 | -0.28 | -0.01 | 12.82 | 11.50 | 4/24/2026 | No | 8 | 47 | None | |
| RTX | RTX Corp | Options Chain | 3.60 | 6.20 | 0.77 | 5.00 | 0.15 | 0.35 | 0 | 10 | -0.29 | -0.11 | 208.82 | 190.00 | 4/24/2026 | Yes | 12 | 62 | None | |
| OKE | Oneok Inc | Options Chain | 1.35 | 1.60 | 0.75 | 5.00 | 0.15 | 0.34 | 153 | 44 | -0.25 | -0.04 | 84.78 | 80.00 | 4/17/2026 | No | 10 | 66 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.20 | 0.25 | 0.15 | 1.00 | 0.15 | 0.43 | 3 | 0 | -0.21 | 0.00 | 11.41 | 10.00 | 4/17/2026 | No | 22 | 65 |
Growth Stock List |
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| VTRS | Viatris Inc | Options Chain | 0.20 | 0.35 | 0.15 | 1.00 | 0.15 | 0.47 | 30 | 0 | -0.22 | -0.01 | 14.71 | 13.00 | 4/17/2026 | No | 6 | 49 | None | |
| INFY | Infosys Ltd | Options Chain | 0.35 | 0.45 | 0.15 | 1.00 | 0.15 | 0.50 | 13 | 25 | -0.27 | -0.01 | 14.33 | 13.00 | 4/17/2026 | Yes | 11 | 43 | None | |
| KEY | Keycorp | Options Chain | 0.44 | 0.48 | 0.15 | 1.00 | 0.15 | 0.39 | 94 | 90 | -0.29 | -0.01 | 20.71 | 19.00 | 4/17/2026 | Yes | 10 | 59 | None |