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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WMT | Walmart Inc | Options Chain | 2.12 | 2.71 | 0.39 | 1.00 | 0.39 | 0.29 | 1 | 10 | -0.28 | -0.07 | 121.63 | 115.00 | 12/4/2026 | Yes | 9 | 57 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.95 | 10.90 | 1.68 | 5.00 | 0.34 | 0.34 | 23 | 3 | -0.30 | -0.24 | 412.35 | 400.00 | 12/4/2026 | No | 23 | 68 |
Dividend Stock List |
|
| ORCL | Oracle Corp | Options Chain | 4.75 | 4.90 | 0.30 | 1.00 | 0.30 | 0.58 | 6 | 8 | -0.29 | -0.11 | 125.54 | 116.00 | 12/4/2026 | No | 12 | 73 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.74 | 0.99 | 0.29 | 1.00 | 0.29 | 0.37 | 8 | 17 | -0.26 | -0.02 | 38.32 | 35.00 | 12/4/2026 | No | 12 | 58 | None | |
| T | AT&T Inc | Options Chain | 0.32 | 0.46 | 0.12 | 0.50 | 0.24 | 0.32 | 0 | 12 | -0.26 | -0.01 | 21.91 | 20.50 | 12/4/2026 | No | 9 | 60 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.34 | 3.45 | 1.13 | 5.00 | 0.23 | 0.30 | 2 | 0 | -0.24 | -0.06 | 178.23 | 170.00 | 12/4/2026 | Yes | 11 | 64 | None | |
| DOW | Dow Inc | Options Chain | 0.44 | 0.74 | 0.22 | 1.00 | 0.22 | 0.39 | 1 | 0 | -0.23 | -0.02 | 31.79 | 29.00 | 12/4/2026 | No | 8 | 54 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.54 | 0.82 | 0.22 | 1.00 | 0.22 | 0.39 | 5 | 0 | -0.25 | -0.02 | 45.20 | 42.00 | 12/4/2026 | Yes | 9 | 73 | None | |
| F | Ford Motor Company | Options Chain | 0.20 | 0.22 | 0.10 | 0.50 | 0.20 | 0.39 | 47 | 2 | -0.22 | -0.01 | 11.94 | 10.50 | 12/4/2026 | No | 9 | 51 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.59 | 0.73 | 0.19 | 1.00 | 0.19 | 0.26 | 2 | 1 | -0.25 | -0.02 | 51.08 | 48.00 | 12/4/2026 | No | 12 | 74 | None | |
| GE | General Electric Company | Options Chain | 4.35 | 5.25 | 0.85 | 5.00 | 0.17 | 0.34 | 1 | 1 | -0.26 | -0.14 | 292.82 | 265.00 | 12/4/2026 | No | 8 | 60 | None |