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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MDT | Medtronic Plc | Options Chain | 1.64 | 2.24 | 0.89 | 2.50 | 0.36 | 0.31 | 874 | 76 | -0.28 | -0.04 | 89.50 | 82.50 | 11/20/2026 | Yes | 15 | 71 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.50 | 1.90 | 0.35 | 1.00 | 0.35 | 0.51 | 0 | 21 | -0.28 | -0.03 | 45.77 | 42.00 | 11/20/2026 | Yes | 18 | 64 | None | |
| STM | ST Microelectronics | Options Chain | 2.35 | 2.50 | 0.35 | 1.00 | 0.35 | 0.62 | 58 | 9 | -0.28 | -0.04 | 53.24 | 48.00 | 11/20/2026 | Yes | 12 | 53 | None | |
| QCOM | Qualcomm Inc | Options Chain | 7.45 | 8.00 | 1.68 | 5.00 | 0.34 | 0.53 | 47 | 900 | -0.29 | -0.14 | 187.48 | 170.00 | 11/20/2026 | Yes | 12 | 70 | None | |
| CDW | CDW Corp | Options Chain | 3.90 | 6.60 | 1.65 | 5.00 | 0.33 | 0.53 | 1 | 1 | -0.28 | -0.10 | 130.33 | 120.00 | 11/20/2026 | Yes | 14 | 60 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.65 | 7.20 | 1.65 | 5.00 | 0.33 | 0.42 | 14 | 124 | -0.30 | -0.11 | 219.99 | 205.00 | 11/20/2026 | Yes | 13 | 74 | None | |
| GLW | Corning Inc | Options Chain | 7.40 | 8.05 | 1.63 | 5.00 | 0.33 | 0.61 | 15 | 29 | -0.30 | -0.13 | 158.71 | 145.00 | 11/20/2026 | Yes | 10 | 54 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.31 | 0.56 | 0.31 | 1.00 | 0.31 | 0.22 | 18 | 0 | -0.20 | 0.00 | 36.02 | 34.00 | 11/20/2026 | Yes | 12 | 67 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 2.00 | 2.30 | 0.77 | 2.50 | 0.31 | 0.36 | 4 | 9 | -0.29 | -0.03 | 79.40 | 75.00 | 11/20/2026 | Yes | 17 | 52 | None | |
| ORCL | Oracle Corp | Options Chain | 4.95 | 5.15 | 1.52 | 5.00 | 0.30 | 0.53 | 696 | 2142 | -0.27 | -0.09 | 132.60 | 125.00 | 11/20/2026 | No | 8 | 62 | None | |
| VST | Vistra Corp | Options Chain | 4.55 | 5.05 | 1.50 | 5.00 | 0.30 | 0.47 | 201 | 105 | -0.28 | -0.09 | 140.83 | 130.00 | 11/20/2026 | Yes | 7 | 61 | None | |
| MSFT | Microsoft Corporation | Options Chain | 11.75 | 12.35 | 1.50 | 5.00 | 0.30 | 0.33 | 206 | 338 | -0.29 | -0.24 | 508.96 | 480.00 | 11/20/2026 | Yes | 14 | 72 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.65 | 0.75 | 0.30 | 1.00 | 0.30 | 0.42 | 10 | 0 | -0.25 | -0.02 | 30.96 | 28.00 | 11/20/2026 | Yes | 14 | 68 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.85 | 1.15 | 0.30 | 1.00 | 0.30 | 0.29 | 4 | 0 | -0.27 | -0.02 | 50.97 | 48.00 | 11/20/2026 | Yes | 10 | 73 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.48 | 0.77 | 0.30 | 1.00 | 0.30 | 0.26 | 0 | 66 | -0.30 | -0.01 | 30.68 | 29.00 | 11/20/2026 | Yes | 9 | 59 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.70 | 3.00 | 0.72 | 2.50 | 0.29 | 0.47 | 27 | 62 | -0.27 | -0.05 | 84.34 | 77.50 | 11/20/2026 | Yes | 10 | 57 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.65 | 2.75 | 1.42 | 5.00 | 0.28 | 0.63 | 133 | 328 | -0.27 | -0.05 | 61.49 | 55.00 | 11/20/2026 | No | 12 | 59 | None | |
| HPQ | HP Inc | Options Chain | 0.92 | 1.03 | 0.28 | 1.00 | 0.28 | 0.47 | 5 | 58 | -0.27 | -0.02 | 30.73 | 28.00 | 11/20/2026 | No | 10 | 46 | None | |
| FAST | Fastenal Company | Options Chain | 0.80 | 1.70 | 0.70 | 2.50 | 0.28 | 0.33 | 7 | 25 | -0.28 | -0.03 | 49.96 | 47.50 | 11/20/2026 | Yes | 13 | 54 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.00 | 11.65 | 2.78 | 10.00 | 0.28 | 0.35 | 281 | 181 | -0.28 | -0.23 | 452.40 | 430.00 | 11/20/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| UNH | Unitedhealth Group Inc | Options Chain | 9.30 | 10.00 | 2.75 | 10.00 | 0.28 | 0.38 | 78 | 65 | -0.27 | -0.20 | 374.94 | 350.00 | 11/20/2026 | Yes | 13 | 65 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 3.20 | 3.40 | 1.36 | 5.00 | 0.27 | 0.40 | 74 | 164 | -0.30 | -0.06 | 106.94 | 100.00 | 11/20/2026 | Yes | 11 | 67 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.56 | 0.63 | 0.27 | 1.00 | 0.27 | 0.36 | 132 | 53 | -0.27 | -0.01 | 21.60 | 20.00 | 11/20/2026 | Yes | 11 | 62 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.70 | 4.00 | 1.31 | 5.00 | 0.26 | 0.23 | 138 | 308 | -0.29 | -0.09 | 233.98 | 225.00 | 11/20/2026 | Yes | 9 | 52 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.05 | 2.20 | 0.65 | 2.50 | 0.26 | 0.34 | 17 | 4 | -0.29 | -0.04 | 84.82 | 80.00 | 11/20/2026 | Yes | 9 | 58 | None | |
| CRM | Salesforce Inc | Options Chain | 6.45 | 6.70 | 2.58 | 10.00 | 0.26 | 0.41 | 69 | 140 | -0.27 | -0.13 | 227.99 | 210.00 | 11/20/2026 | No | 11 | 63 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.80 | 7.30 | 1.27 | 5.00 | 0.25 | 0.27 | 93 | 101 | -0.30 | -0.12 | 337.21 | 320.00 | 11/20/2026 | Yes | 12 | 80 | None | |
| RF | Regions Financial Corp | Options Chain | 0.55 | 0.65 | 0.25 | 1.00 | 0.25 | 0.36 | 5655 | 0 | -0.24 | -0.01 | 27.26 | 25.00 | 11/20/2026 | Yes | 14 | 59 | None | |
| EQNR | Equinor ASA | Options Chain | 0.60 | 1.25 | 0.25 | 1.00 | 0.25 | 0.37 | 14 | 0 | -0.27 | -0.02 | 41.34 | 38.00 | 11/20/2026 | Yes | 12 | 59 | None | |
| BWXT | BWX Technologies Inc | Options Chain | 3.50 | 4.60 | 1.22 | 5.00 | 0.24 | 0.47 | 4 | 4 | -0.26 | -0.08 | 138.01 | 125.00 | 11/20/2026 | Yes | 13 | 60 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.12 | 1.47 | 0.60 | 2.50 | 0.24 | 0.35 | 47 | 84 | -0.22 | -0.02 | 62.86 | 57.50 | 11/20/2026 | Yes | 11 | 61 | None | |
| T | AT&T Inc | Options Chain | 0.50 | 0.53 | 0.24 | 1.00 | 0.24 | 0.30 | 40 | 7 | -0.28 | -0.01 | 24.95 | 23.00 | 11/20/2026 | Yes | 15 | 67 | None | |
| AZN | Astrazeneca plc | Options Chain | 3.20 | 3.60 | 1.17 | 5.00 | 0.23 | 0.31 | 0 | 7 | -0.26 | -0.07 | 164.21 | 155.00 | 11/20/2026 | Yes | 11 | 62 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.91 | 1.03 | 0.58 | 2.50 | 0.23 | 0.39 | 21 | 1 | -0.22 | -0.02 | 46.68 | 42.50 | 11/20/2026 | Yes | 13 | 66 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.01 | 1.04 | 0.58 | 2.50 | 0.23 | 0.46 | 116 | 241 | -0.25 | -0.02 | 36.39 | 32.50 | 11/20/2026 | Yes | 14 | 61 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.68 | 0.79 | 0.23 | 1.00 | 0.23 | 0.26 | 25 | 366 | -0.23 | -0.01 | 45.98 | 43.00 | 11/20/2026 | Yes | 10 | 73 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.65 | 0.90 | 0.23 | 1.00 | 0.23 | 0.33 | 8 | 0 | -0.25 | -0.01 | 37.81 | 35.00 | 11/20/2026 | Yes | 15 | 79 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.45 | 0.23 | 1.00 | 0.23 | 0.29 | 5 | 12 | -0.26 | -0.01 | 20.61 | 19.00 | 11/20/2026 | Yes | 10 | 59 | None | |
| XYL | Xylem Inc | Options Chain | 2.20 | 2.70 | 1.15 | 5.00 | 0.23 | 0.35 | 44 | 602 | -0.28 | -0.05 | 102.00 | 95.00 | 11/20/2026 | Yes | 12 | 55 | None | |
| PCAR | Paccar Inc | Options Chain | 1.85 | 2.95 | 1.12 | 5.00 | 0.22 | 0.32 | 17 | 11 | -0.27 | -0.05 | 111.65 | 105.00 | 11/20/2026 | Yes | 10 | 61 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.10 | 1.16 | 0.56 | 2.50 | 0.22 | 0.28 | 1530 | 343 | -0.28 | -0.02 | 55.56 | 52.50 | 11/20/2026 | Yes | 10 | 65 | None | |
| CVX | Chevron Corp | Options Chain | 3.20 | 3.55 | 1.11 | 5.00 | 0.22 | 0.30 | 65 | 275 | -0.24 | -0.08 | 204.38 | 190.00 | 11/20/2026 | Yes | 13 | 77 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 2.90 | 3.40 | 1.10 | 5.00 | 0.22 | 0.35 | 7 | 11 | -0.23 | -0.08 | 166.50 | 150.00 | 11/20/2026 | Yes | 12 | 75 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.30 | 1.55 | 0.55 | 2.50 | 0.22 | 0.44 | 4 | 32 | -0.24 | -0.03 | 58.18 | 52.50 | 11/20/2026 | Yes | 9 | 55 | None | |
| EIX | Edison International | Options Chain | 1.25 | 1.80 | 0.55 | 2.50 | 0.22 | 0.35 | 1108 | 5 | -0.30 | -0.02 | 53.56 | 50.00 | 11/20/2026 | Yes | 10 | 56 | None | |
| PCG | PG&E Corp | Options Chain | 0.27 | 0.48 | 0.22 | 1.00 | 0.22 | 0.49 | 4609 | 13 | -0.25 | -0.01 | 11.95 | 11.00 | 11/20/2026 | Yes | 13 | 60 | None | |
| BG | Bunge Global SA | Options Chain | 2.35 | 3.10 | 1.08 | 5.00 | 0.22 | 0.40 | 1 | 0 | -0.26 | -0.06 | 108.14 | 100.00 | 11/20/2026 | Yes | 12 | 70 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.30 | 1.43 | 0.54 | 2.50 | 0.22 | 0.26 | 120 | 1261 | -0.29 | -0.03 | 75.49 | 72.50 | 11/20/2026 | Yes | 10 | 64 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.81 | 1.98 | 0.52 | 2.50 | 0.21 | 0.31 | 4 | 61 | -0.26 | -0.04 | 98.50 | 92.50 | 11/20/2026 | Yes | 12 | 63 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.69 | 2.89 | 1.03 | 5.00 | 0.21 | 0.31 | 200 | 59 | -0.24 | -0.06 | 161.35 | 150.00 | 11/20/2026 | Yes | 11 | 66 | None | |
| C | Citigroup Inc | Options Chain | 2.18 | 2.27 | 1.01 | 5.00 | 0.20 | 0.34 | 152 | 60 | -0.22 | -0.05 | 131.31 | 120.00 | 11/20/2026 | Yes | 14 | 69 | None | |
| VTRS | Viatris Inc | Options Chain | 0.30 | 0.55 | 0.20 | 1.00 | 0.20 | 0.34 | 43 | 0 | -0.28 | -0.01 | 18.12 | 17.00 | 11/20/2026 | Yes | 6 | 51 | None | |
| EXC | Exelon Corp | Options Chain | 0.50 | 0.80 | 0.20 | 1.00 | 0.20 | 0.23 | 3 | 11 | -0.30 | -0.01 | 40.34 | 39.00 | 11/20/2026 | Yes | 8 | 55 | None | |
| DUK | Duke Energy Corp | Options Chain | 1.65 | 2.00 | 0.98 | 5.00 | 0.20 | 0.21 | 146 | 15 | -0.30 | -0.03 | 114.21 | 110.00 | 11/20/2026 | Yes | 8 | 67 | None | |
| WMT | Walmart Inc | Options Chain | 1.80 | 1.92 | 0.97 | 5.00 | 0.19 | 0.30 | 439 | 291 | -0.25 | -0.05 | 108.73 | 100.00 | 11/20/2026 | No | 8 | 55 | None | |
| QSR | Restaurant Brands International Inc | Options Chain | 1.10 | 1.35 | 0.48 | 2.50 | 0.19 | 0.28 | 4 | 1 | -0.26 | -0.03 | 71.43 | 67.50 | 11/20/2026 | Yes | 8 | 62 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.99 | 1.29 | 0.48 | 2.50 | 0.19 | 0.28 | 12 | 5 | -0.29 | -0.02 | 59.12 | 55.00 | 11/20/2026 | Yes | 12 | 65 | None | |
| EQT | EQT Corp | Options Chain | 0.58 | 0.90 | 0.47 | 2.50 | 0.19 | 0.32 | 90 | 40 | -0.21 | -0.02 | 48.88 | 45.00 | 11/20/2026 | Yes | 11 | 59 | None | |
| KO | Coca-Cola Company | Options Chain | 0.98 | 1.04 | 0.47 | 2.50 | 0.19 | 0.22 | 244 | 188 | -0.23 | -0.03 | 86.84 | 82.50 | 11/20/2026 | Yes | 11 | 67 | None | |
| NVO | Novo Nordisk | Options Chain | 0.74 | 0.78 | 0.46 | 2.50 | 0.18 | 0.37 | 589 | 6 | -0.23 | -0.02 | 38.71 | 35.00 | 11/20/2026 | Yes | 11 | 50 | None | |
| APA | APA Corporation | Options Chain | 0.97 | 1.23 | 0.46 | 2.50 | 0.18 | 0.48 | 25 | 1 | -0.24 | -0.02 | 42.33 | 37.50 | 11/20/2026 | Yes | 10 | 61 | None | |
| DOW | Dow Inc | Options Chain | 0.61 | 0.70 | 0.45 | 2.50 | 0.18 | 0.42 | 52 | 4 | -0.24 | -0.01 | 27.61 | 25.00 | 11/20/2026 | Yes | 8 | 54 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.41 | 97 | 0 | -0.21 | -0.01 | 21.30 | 19.00 | 11/20/2026 | Yes | 13 | 69 | None | |
| EC | Ecopetrol SA | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.42 | 1 | 1 | -0.28 | -0.01 | 16.52 | 15.00 | 11/20/2026 | Yes | 15 | 54 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.86 | 0.95 | 0.44 | 2.50 | 0.18 | 0.35 | 51 | 10 | -0.21 | -0.03 | 56.10 | 50.00 | 11/20/2026 | Yes | 10 | 55 | None | |
| ALL | Allstate Corp (The) | Options Chain | 3.50 | 4.20 | 1.72 | 10.00 | 0.17 | 0.31 | 2 | 3 | -0.24 | -0.09 | 225.42 | 210.00 | 11/20/2026 | Yes | 14 | 67 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.46 | 1.55 | 0.43 | 2.50 | 0.17 | 0.32 | 387 | 103 | -0.25 | -0.03 | 80.48 | 75.00 | 11/20/2026 | Yes | 12 | 65 | None | |
| MKC | McCormick & Co. Inc (Non Voting) | Options Chain | 1.15 | 1.30 | 0.85 | 5.00 | 0.17 | 0.37 | 42 | 1 | -0.28 | -0.02 | 48.40 | 45.00 | 11/20/2026 | Yes | 7 | 55 | None | |
| ITUB | Itau Unibanco Holding S.A. | Options Chain | 0.15 | 0.20 | 0.15 | 1.00 | 0.15 | 0.49 | 1 | 0 | -0.20 | 0.00 | 8.09 | 7.00 | 11/20/2026 | Yes | 13 | 48 | None | |
| F | Ford Motor Company | Options Chain | 0.22 | 0.24 | 0.15 | 1.00 | 0.15 | 0.40 | 128 | 18 | -0.21 | 0.00 | 12.38 | 11.00 | 11/20/2026 | Yes | 9 | 51 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.35 | 0.45 | 0.15 | 1.00 | 0.15 | 0.26 | 1 | 0 | -0.28 | -0.01 | 23.10 | 22.00 | 11/20/2026 | Yes | 12 | 59 | None |