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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| V | Visa Inc - Class A | Options Chain | 4.95 | 5.30 | 1.96 | 5.00 | 0.39 | 0.24 | 258 | 55 | -0.27 | -0.12 | 351.29 | 335.00 | 9/19/2025 | Yes | 11 | 68 | None | |
| EA | Electronic Arts Inc | Options Chain | 2.35 | 4.40 | 1.73 | 5.00 | 0.35 | 0.27 | 8 | 5 | -0.27 | -0.06 | 147.79 | 140.00 | 9/19/2025 | Yes | 14 | 61 | None | |
| STX | Seagate Technology Holdings Plc | Options Chain | 4.10 | 4.30 | 1.67 | 5.00 | 0.33 | 0.43 | 38 | 25 | -0.25 | -0.09 | 152.68 | 140.00 | 9/19/2025 | Yes | 15 | 63 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 21.70 | 24.10 | 3.22 | 10.00 | 0.32 | 0.42 | 25 | 150 | -0.28 | -0.46 | 762.95 | 710.00 | 9/19/2025 | Yes | 11 | 65 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 4.90 | 5.10 | 1.57 | 5.00 | 0.31 | 0.46 | 113 | 1136 | -0.30 | -0.09 | 133.51 | 125.00 | 9/19/2025 | Yes | 14 | 63 | None | |
| SYY | Sysco Corp | Options Chain | 0.55 | 1.80 | 0.78 | 2.50 | 0.31 | 0.18 | 10 | 8 | -0.23 | -0.03 | 78.38 | 75.00 | 9/19/2025 | Yes | 14 | 61 | None | |
| HUM | Humana Inc | Options Chain | 7.60 | 7.90 | 1.55 | 5.00 | 0.31 | 0.46 | 2 | 1 | -0.28 | -0.15 | 232.62 | 215.00 | 9/19/2025 | Yes | 15 | 65 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.24 | 1.28 | 0.31 | 1.00 | 0.31 | 0.36 | 138 | 416 | -0.30 | -0.02 | 43.23 | 41.00 | 9/19/2025 | No | 11 | 60 | None | |
| GFI | Gold Fields Ltd | Options Chain | 0.75 | 0.95 | 0.27 | 1.00 | 0.27 | 0.52 | 11 | 3 | -0.28 | -0.01 | 25.32 | 23.00 | 9/19/2025 | Yes | 13 | 57 | None | |
| STM | ST Microelectronics | Options Chain | 0.75 | 0.85 | 0.27 | 1.00 | 0.27 | 0.39 | 0 | 4 | -0.30 | -0.01 | 26.54 | 25.00 | 9/19/2025 | No | 13 | 44 | None | |
| COST | Costco Wholesale Corp | Options Chain | 14.10 | 15.70 | 1.32 | 5.00 | 0.26 | 0.21 | 11 | 73 | -0.30 | -0.32 | 934.57 | 905.00 | 9/19/2025 | No | 15 | 61 | None | |
| TER | Teradyne Inc | Options Chain | 1.10 | 4.00 | 1.30 | 5.00 | 0.26 | 0.45 | 328 | 9 | -0.21 | -0.06 | 90.55 | 80.00 | 9/19/2025 | Yes | 18 | 58 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.75 | 1.79 | 0.65 | 2.50 | 0.26 | 0.28 | 1161 | 97 | -0.30 | -0.03 | 78.33 | 75.00 | 9/19/2025 | No | 9 | 52 | None | |
| C | Citigroup Inc | Options Chain | 1.84 | 1.96 | 0.63 | 2.50 | 0.25 | 0.27 | 125 | 34 | -0.29 | -0.03 | 94.48 | 90.00 | 9/19/2025 | No | 18 | 83 | None | |
| ORCL | Oracle Corp | Options Chain | 7.65 | 7.85 | 2.50 | 10.00 | 0.25 | 0.45 | 222 | 168 | -0.27 | -0.16 | 249.98 | 230.00 | 9/19/2025 | Yes | 9 | 61 | None | |
| AMAT | Applied Materials Inc | Options Chain | 4.50 | 4.65 | 1.25 | 5.00 | 0.25 | 0.37 | 78 | 14 | -0.26 | -0.09 | 188.41 | 175.00 | 9/19/2025 | Yes | 16 | 70 | None | |
| INTC | Intel Corp | Options Chain | 0.53 | 0.55 | 0.25 | 1.00 | 0.25 | 0.39 | 3948 | 354 | -0.27 | -0.01 | 20.41 | 19.00 | 9/19/2025 | No | 6 | 46 | None | |
| TGT | Target Corp | Options Chain | 2.98 | 3.10 | 1.23 | 5.00 | 0.25 | 0.43 | 62 | 116 | -0.27 | -0.05 | 104.18 | 95.00 | 9/19/2025 | Yes | 14 | 66 | None | |
| NEM | Newmont Corp | Options Chain | 1.31 | 1.36 | 0.61 | 2.50 | 0.24 | 0.32 | 1136 | 868 | -0.27 | -0.03 | 63.99 | 60.00 | 9/19/2025 | No | 16 | 72 | None | |
| EQT | EQT Corp | Options Chain | 1.41 | 1.48 | 0.73 | 3.00 | 0.24 | 0.36 | 47 | 6 | -0.29 | -0.03 | 53.10 | 50.00 | 9/19/2025 | No | 9 | 69 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 5.50 | 5.65 | 2.40 | 10.00 | 0.24 | 0.37 | 1504 | 2903 | -0.25 | -0.12 | 261.07 | 240.00 | 9/19/2025 | Yes | 14 | 69 | None | |
| MCD | McDonald`s Corp | Options Chain | 4.45 | 4.60 | 1.20 | 5.00 | 0.24 | 0.22 | 21 | 11 | -0.29 | -0.09 | 302.67 | 290.00 | 9/19/2025 | Yes | 8 | 66 | None | |
| NVO | Novo Nordisk | Options Chain | 1.59 | 1.77 | 1.20 | 5.00 | 0.24 | 0.43 | 4147 | 23439 | -0.30 | -0.03 | 53.94 | 50.00 | 9/19/2025 | Yes | 15 | 71 | None | |
| GM | General Motors Company | Options Chain | 0.94 | 0.99 | 0.24 | 1.00 | 0.24 | 0.30 | 228 | 364 | -0.26 | -0.02 | 52.11 | 49.00 | 9/19/2025 | No | 12 | 67 | None | |
| AVGO | Broadcom Inc | Options Chain | 7.80 | 8.00 | 2.25 | 10.00 | 0.23 | 0.45 | 379 | 431 | -0.24 | -0.17 | 297.42 | 270.00 | 9/19/2025 | Yes | 8 | 66 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.15 | 2.35 | 1.10 | 5.00 | 0.22 | 0.30 | 11 | 67 | -0.29 | -0.05 | 105.31 | 100.00 | 9/19/2025 | No | 12 | 59 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.20 | 9.35 | 1.10 | 5.00 | 0.22 | 0.23 | 34 | 221 | -0.30 | -0.18 | 512.57 | 495.00 | 9/19/2025 | Yes | 14 | 68 | None | |
| BG | Bunge Global SA | Options Chain | 1.25 | 1.55 | 0.55 | 2.50 | 0.22 | 0.34 | 201 | 0 | -0.23 | -0.03 | 76.34 | 70.00 | 9/19/2025 | Yes | 13 | 64 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.28 | 1.33 | 0.55 | 2.50 | 0.22 | 0.26 | 108 | 99 | -0.29 | -0.03 | 67.96 | 65.00 | 9/19/2025 | Yes | 10 | 67 | None | |
| BP | BP plc | Options Chain | 0.52 | 0.59 | 0.22 | 1.00 | 0.22 | 0.26 | 5 | 35 | -0.26 | -0.01 | 32.96 | 31.00 | 9/19/2025 | Yes | 8 | 55 | None | |
| OVV | Ovintiv Inc | Options Chain | 0.90 | 1.00 | 0.22 | 1.00 | 0.22 | 0.34 | 2 | 0 | -0.27 | -0.02 | 42.90 | 40.00 | 9/19/2025 | No | 9 | 74 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.77 | 0.79 | 0.22 | 1.00 | 0.22 | 0.23 | 1002 | 165 | -0.29 | -0.01 | 47.95 | 46.00 | 9/19/2025 | No | 13 | 73 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.70 | 3.90 | 1.07 | 5.00 | 0.21 | 0.37 | 352 | 147 | -0.26 | -0.07 | 162.08 | 150.00 | 9/19/2025 | Yes | 13 | 64 | None | |
| GRMN | Garmin Ltd | Options Chain | 4.30 | 6.20 | 2.10 | 10.00 | 0.21 | 0.37 | 1 | 24 | -0.25 | -0.11 | 239.30 | 220.00 | 9/19/2025 | Yes | 17 | 60 |
Dividend Stock List |
|
| ZBH | Zimmer Biomet Holdings Inc | Options Chain | 1.75 | 2.30 | 1.05 | 5.00 | 0.21 | 0.30 | 5 | 5 | -0.28 | -0.04 | 94.95 | 90.00 | 9/19/2025 | Yes | 13 | 61 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.04 | 1.09 | 0.52 | 2.50 | 0.21 | 0.34 | 23 | 18053 | -0.28 | -0.02 | 45.46 | 42.50 | 9/19/2025 | Yes | 12 | 66 | None | |
| SBUX | Starbucks Corp | Options Chain | 1.90 | 1.98 | 1.02 | 5.00 | 0.20 | 0.37 | 8567 | 2162 | -0.24 | -0.04 | 92.96 | 85.00 | 9/19/2025 | Yes | 10 | 55 | None | |
| PM | Philip Morris International Inc | Options Chain | 2.40 | 2.55 | 1.00 | 5.00 | 0.20 | 0.24 | 58 | 37 | -0.25 | -0.06 | 162.75 | 155.00 | 9/19/2025 | No | 10 | 70 | None | |
| WMT | Walmart Inc | Options Chain | 1.41 | 1.53 | 0.50 | 2.50 | 0.20 | 0.26 | 248 | 167 | -0.24 | -0.03 | 98.33 | 92.50 | 9/19/2025 | Yes | 11 | 56 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 0.65 | 0.80 | 0.20 | 1.00 | 0.20 | 0.27 | 2 | 1 | -0.26 | -0.02 | 45.75 | 43.00 | 9/19/2025 | No | 14 | 67 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.30 | 0.45 | 0.20 | 1.00 | 0.20 | 0.39 | 0 | 150 | -0.27 | -0.01 | 15.17 | 14.00 | 9/19/2025 | Yes | 14 | 71 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.35 | 0.50 | 0.20 | 1.00 | 0.20 | 0.30 | 2 | 0 | -0.28 | -0.01 | 22.31 | 21.00 | 9/19/2025 | No | 15 | 67 | None | |
| RF | Regions Financial Corp | Options Chain | 0.40 | 0.50 | 0.20 | 1.00 | 0.20 | 0.24 | 41 | 0 | -0.30 | -0.01 | 26.19 | 25.00 | 9/19/2025 | No | 11 | 69 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.20 | 4.35 | 0.98 | 5.00 | 0.20 | 0.22 | 65 | 159 | -0.26 | -0.11 | 297.04 | 285.00 | 9/19/2025 | No | 12 | 79 | None | |
| AEM | Agnico Eagle Mines Ltd | Options Chain | 2.15 | 2.35 | 0.97 | 5.00 | 0.19 | 0.36 | 123 | 7 | -0.22 | -0.05 | 126.30 | 115.00 | 9/19/2025 | Yes | 15 | 70 | None | |
| AON | Aon plc. - Class A | Options Chain | 4.10 | 6.50 | 1.92 | 10.00 | 0.19 | 0.22 | 6 | 3 | -0.28 | -0.12 | 354.03 | 340.00 | 9/19/2025 | No | 10 | 67 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.09 | 1.15 | 0.48 | 2.50 | 0.19 | 0.27 | 129 | 35 | -0.26 | -0.02 | 71.95 | 67.50 | 9/19/2025 | No | 9 | 65 | None | |
| GIS | General Mills Inc | Options Chain | 0.85 | 1.00 | 0.48 | 2.50 | 0.19 | 0.29 | 118 | 18 | -0.27 | -0.02 | 50.02 | 47.50 | 9/19/2025 | Yes | 11 | 63 | None | |
| SHEL | Shell Plc ADR (Representing - ) | Options Chain | 0.95 | 1.10 | 0.48 | 2.50 | 0.19 | 0.20 | 1 | 0 | -0.28 | -0.02 | 73.11 | 70.00 | 9/19/2025 | Yes | 14 | 70 | None | |
| HIG | Hartford Financial Services Group Inc | Options Chain | 1.55 | 2.10 | 0.95 | 5.00 | 0.19 | 0.21 | 9 | 11 | -0.30 | -0.04 | 124.64 | 120.00 | 9/19/2025 | No | 16 | 72 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.35 | 0.40 | 0.19 | 1.00 | 0.19 | 0.17 | 69 | 64 | -0.22 | 0.00 | 31.43 | 30.00 | 9/19/2025 | Yes | 12 | 67 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.45 | 0.48 | 0.19 | 1.00 | 0.19 | 0.40 | 19 | 1 | -0.24 | -0.01 | 20.85 | 19.00 | 9/19/2025 | Yes | 15 | 63 | None | |
| BXP | Boston Properties Inc | Options Chain | 0.95 | 1.45 | 0.47 | 2.50 | 0.19 | 0.32 | 1 | 1 | -0.20 | -0.03 | 70.43 | 65.00 | 9/19/2025 | Yes | 6 | 60 | None | |
| CVS | CVS Health Corp | Options Chain | 1.13 | 1.18 | 0.47 | 2.50 | 0.19 | 0.36 | 548 | 59 | -0.23 | -0.03 | 60.00 | 55.00 | 9/19/2025 | Yes | 16 | 73 | None | |
| SYK | Stryker Corp | Options Chain | 5.10 | 5.50 | 1.80 | 10.00 | 0.18 | 0.24 | 4 | 1 | -0.24 | -0.15 | 400.57 | 380.00 | 9/19/2025 | Yes | 8 | 63 | None | |
| MMC | Marsh & McLennan Cos. Inc | Options Chain | 2.60 | 3.00 | 0.90 | 5.00 | 0.18 | 0.21 | 2 | 12 | -0.26 | -0.07 | 202.92 | 195.00 | 9/19/2025 | No | 12 | 70 | None | |
| KR | Kroger Company | Options Chain | 0.95 | 1.10 | 0.44 | 2.50 | 0.18 | 0.26 | 67 | 3 | -0.25 | -0.02 | 69.30 | 65.00 | 9/19/2025 | Yes | 12 | 63 | None | |
| CARR | Carrier Global Corp | Options Chain | 0.90 | 1.15 | 0.43 | 2.50 | 0.17 | 0.26 | 156 | 103 | -0.23 | -0.03 | 71.67 | 67.50 | 9/19/2025 | Yes | 10 | 58 | None | |
| MET | Metlife Inc | Options Chain | 1.20 | 1.35 | 0.43 | 2.50 | 0.17 | 0.29 | 19 | 1 | -0.25 | -0.02 | 77.68 | 72.50 | 9/19/2025 | Yes | 20 | 73 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.39 | 0.42 | 0.17 | 1.00 | 0.17 | 0.18 | 53 | 56 | -0.24 | -0.01 | 42.71 | 41.00 | 9/19/2025 | No | 13 | 72 | None | |
| AEP | American Electric Power Company Inc | Options Chain | 1.45 | 1.75 | 0.85 | 5.00 | 0.17 | 0.20 | 23 | 36 | -0.30 | -0.03 | 109.22 | 105.00 | 9/19/2025 | Yes | 11 | 72 | None | |
| MS | Morgan Stanley | Options Chain | 2.01 | 2.08 | 0.83 | 5.00 | 0.17 | 0.25 | 97 | 113 | -0.27 | -0.05 | 143.56 | 135.00 | 9/19/2025 | No | 14 | 75 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.17 | 1.21 | 0.41 | 2.50 | 0.16 | 0.23 | 83 | 16 | -0.23 | -0.03 | 97.91 | 92.50 | 9/19/2025 | No | 14 | 67 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 3.90 | 4.05 | 1.61 | 10.00 | 0.16 | 0.35 | 80 | 253 | -0.22 | -0.11 | 241.33 | 220.00 | 9/19/2025 | No | 23 | 75 |
Dividend Stock List |
|
| JCI | Johnson Controls International plc | Options Chain | 1.15 | 1.25 | 0.40 | 2.50 | 0.16 | 0.24 | 26 | 16 | -0.22 | -0.04 | 103.24 | 97.50 | 9/19/2025 | Yes | 9 | 63 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.09 | 1.11 | 0.40 | 2.50 | 0.16 | 0.25 | 128 | 48 | -0.24 | -0.02 | 82.65 | 77.50 | 9/19/2025 | No | 12 | 74 | None | |
| HPQ | HP Inc | Options Chain | 0.48 | 0.52 | 0.16 | 1.00 | 0.16 | 0.40 | 18 | 6 | -0.22 | -0.01 | 25.67 | 23.00 | 9/19/2025 | Yes | 11 | 52 | None | |
| MKC | McCormick & Co. Inc (Non Voting) | Options Chain | 1.10 | 1.20 | 0.77 | 5.00 | 0.15 | 0.23 | 6 | 0 | -0.28 | -0.03 | 72.81 | 70.00 | 9/19/2025 | No | 10 | 59 | None | |
| T | AT&T Inc | Options Chain | 0.34 | 0.36 | 0.15 | 1.00 | 0.15 | 0.23 | 67 | 20 | -0.24 | -0.01 | 27.41 | 26.00 | 9/19/2025 | No | 10 | 65 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.25 | 0.35 | 0.15 | 1.00 | 0.15 | 0.41 | 49 | 2 | -0.24 | -0.01 | 14.42 | 13.00 | 9/19/2025 | Yes | 15 | 69 | None |