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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.96 | 2.22 | 0.43 | 1.00 | 0.43 | 0.68 | 69 | 4 | -0.30 | -0.03 | 38.06 | 34.00 | 7/17/2026 | Yes | 6 | 51 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.55 | 0.80 | 0.40 | 1.00 | 0.40 | 0.22 | 78 | 1 | -0.29 | -0.01 | 38.40 | 37.00 | 7/17/2026 | No | 9 | 59 | None | |
| QCOM | Qualcomm Inc | Options Chain | 11.40 | 12.95 | 1.90 | 5.00 | 0.38 | 0.80 | 1886 | 98 | -0.25 | -0.22 | 248.82 | 200.00 | 7/17/2026 | No | 11 | 61 | None | |
| AVGO | Broadcom Inc | Options Chain | 16.95 | 17.95 | 3.57 | 10.00 | 0.36 | 0.52 | 75 | 86 | -0.30 | -0.29 | 423.95 | 390.00 | 7/17/2026 | Yes | 12 | 64 | None | |
| GLW | Corning Inc | Options Chain | 10.65 | 10.95 | 1.77 | 5.00 | 0.35 | 0.74 | 54 | 146 | -0.28 | -0.18 | 196.17 | 170.00 | 7/17/2026 | No | 8 | 52 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 15.55 | 16.95 | 3.50 | 10.00 | 0.35 | 0.74 | 9 | 69 | -0.27 | -0.30 | 309.86 | 270.00 | 7/17/2026 | Yes | 14 | 58 | None | |
| ORCL | Oracle Corp | Options Chain | 7.60 | 7.90 | 1.62 | 5.00 | 0.32 | 0.61 | 74 | 368 | -0.26 | -0.14 | 193.06 | 170.00 | 7/17/2026 | Yes | 7 | 61 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 26.35 | 28.45 | 3.22 | 10.00 | 0.32 | 0.33 | 13 | 5 | -0.30 | -0.53 | 1,064.74 | 1,030.00 | 7/17/2026 | No | 10 | 65 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 14.45 | 15.15 | 3.20 | 10.00 | 0.32 | 0.48 | 5915 | 508 | -0.28 | -0.26 | 422.73 | 390.00 | 7/17/2026 | Yes | 20 | 62 |
Dividend Stock List |
|
| SQM | Sociedad Quimica Y Minera de Chile S.A. | Options Chain | 3.70 | 4.30 | 0.80 | 2.50 | 0.32 | 0.58 | 0 | 5 | -0.30 | -0.06 | 83.94 | 77.50 | 7/17/2026 | Yes | 11 | 62 | None | |
| BWA | BorgWarner Inc | Options Chain | 2.60 | 3.20 | 0.77 | 2.50 | 0.31 | 0.53 | 382 | 192 | -0.29 | -0.05 | 68.70 | 65.00 | 7/17/2026 | No | 12 | 61 | None | |
| COST | Costco Wholesale Corp | Options Chain | 18.25 | 19.60 | 1.53 | 5.00 | 0.31 | 0.25 | 3 | 11 | -0.29 | -0.40 | 1,003.40 | 965.00 | 7/17/2026 | Yes | 13 | 59 | None | |
| NTAP | Netapp Inc | Options Chain | 4.20 | 5.60 | 1.52 | 5.00 | 0.30 | 0.51 | 1 | 4 | -0.27 | -0.10 | 138.95 | 130.00 | 7/17/2026 | Yes | 13 | 65 | None | |
| VST | Vistra Corp | Options Chain | 5.45 | 5.85 | 1.50 | 5.00 | 0.30 | 0.53 | 1012 | 76 | -0.26 | -0.11 | 160.15 | 145.00 | 7/17/2026 | No | 8 | 56 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.80 | 9.20 | 1.50 | 5.00 | 0.30 | 0.28 | 283 | 237 | -0.30 | -0.18 | 416.03 | 395.00 | 7/17/2026 | No | 15 | 72 | None | |
| EC | Ecopetrol SA | Options Chain | 0.45 | 0.75 | 0.30 | 1.00 | 0.30 | 0.63 | 3 | 1 | -0.28 | -0.01 | 14.86 | 13.00 | 7/17/2026 | Yes | 14 | 58 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.50 | 7.25 | 1.45 | 5.00 | 0.29 | 0.37 | 49 | 184 | -0.28 | -0.14 | 250.69 | 240.00 | 7/17/2026 | No | 14 | 72 | None | |
| HPQ | HP Inc | Options Chain | 0.99 | 1.09 | 0.29 | 1.00 | 0.29 | 0.55 | 17 | 1684 | -0.28 | -0.02 | 24.43 | 23.00 | 7/17/2026 | Yes | 13 | 57 | None | |
| HAL | Halliburton Company | Options Chain | 1.08 | 1.15 | 0.29 | 1.00 | 0.29 | 0.38 | 52 | 96 | -0.29 | -0.02 | 41.08 | 37.00 | 7/17/2026 | No | 10 | 56 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.59 | 0.71 | 0.29 | 1.00 | 0.29 | 0.26 | 7 | 137 | -0.30 | -0.01 | 32.87 | 31.00 | 7/17/2026 | Yes | 13 | 67 | None | |
| HD | Home Depot Inc | Options Chain | 6.50 | 6.95 | 1.43 | 5.00 | 0.29 | 0.30 | 28 | 30 | -0.28 | -0.11 | 310.54 | 300.00 | 7/17/2026 | No | 6 | 60 | None | |
| LUV | Southwest Airlines Company | Options Chain | 1.54 | 1.84 | 0.71 | 2.50 | 0.28 | 0.51 | 54 | 6 | -0.30 | -0.03 | 42.28 | 40.00 | 7/17/2026 | No | 12 | 61 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.20 | 6.55 | 1.40 | 5.00 | 0.28 | 0.29 | 163 | 150 | -0.30 | -0.11 | 306.74 | 285.00 | 7/17/2026 | Yes | 10 | 70 | None | |
| EQNR | Equinor ASA | Options Chain | 0.85 | 1.15 | 0.27 | 1.00 | 0.27 | 0.40 | 61 | 11 | -0.27 | -0.02 | 37.74 | 34.00 | 7/17/2026 | No | 11 | 58 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.83 | 0.88 | 0.27 | 1.00 | 0.27 | 0.24 | 61 | 149 | -0.29 | -0.01 | 48.39 | 46.00 | 7/17/2026 | No | 13 | 73 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.71 | 2.87 | 0.65 | 2.50 | 0.26 | 0.48 | 124 | 70 | -0.27 | -0.05 | 79.40 | 75.00 | 7/17/2026 | Yes | 16 | 66 | None | |
| DKS | Dicks Sporting Goods Inc | Options Chain | 4.20 | 5.20 | 1.25 | 5.00 | 0.25 | 0.38 | 54 | 6 | -0.25 | -0.09 | 233.13 | 200.00 | 7/17/2026 | Yes | 7 | 64 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.00 | 3.20 | 1.24 | 5.00 | 0.25 | 0.30 | 124 | 322 | -0.27 | -0.06 | 147.90 | 140.00 | 7/17/2026 | No | 11 | 70 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 6.40 | 6.60 | 2.45 | 10.00 | 0.25 | 0.39 | 14 | 22 | -0.27 | -0.14 | 248.05 | 230.00 | 7/17/2026 | No | 14 | 71 | None | |
| TOL | Toll Brothers Inc | Options Chain | 3.20 | 3.80 | 1.17 | 5.00 | 0.23 | 0.38 | 5 | 0 | -0.27 | -0.07 | 138.29 | 130.00 | 7/17/2026 | No | 12 | 69 | None | |
| RF | Regions Financial Corp | Options Chain | 0.40 | 0.75 | 0.23 | 1.00 | 0.23 | 0.33 | 0 | 1 | -0.26 | -0.01 | 28.25 | 26.00 | 7/17/2026 | Yes | 17 | 70 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.97 | 1.03 | 0.23 | 1.00 | 0.23 | 0.30 | 106 | 309 | -0.27 | -0.02 | 51.17 | 48.00 | 7/17/2026 | Yes | 13 | 74 | None | |
| CDW | CDW Corp | Options Chain | 2.75 | 3.60 | 1.15 | 5.00 | 0.23 | 0.43 | 0 | 3 | -0.27 | -0.07 | 107.00 | 105.00 | 7/17/2026 | No | 14 | 57 | None | |
| PEP | PepsiCo Inc | Options Chain | 2.59 | 2.75 | 1.15 | 5.00 | 0.23 | 0.26 | 54 | 72 | -0.28 | -0.04 | 145.68 | 140.00 | 7/17/2026 | Yes | 12 | 61 | None | |
| BBY | Best Buy Co. Inc | Options Chain | 1.45 | 1.65 | 0.57 | 2.50 | 0.23 | 0.44 | 52 | 12 | -0.24 | -0.03 | 65.31 | 57.50 | 7/17/2026 | Yes | 18 | 57 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.47 | 2.68 | 1.13 | 5.00 | 0.23 | 0.37 | 165 | 63 | -0.24 | -0.05 | 118.19 | 110.00 | 7/17/2026 | No | 10 | 62 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.70 | 7.25 | 2.20 | 10.00 | 0.22 | 0.29 | 25 | 101 | -0.26 | -0.12 | 376.70 | 360.00 | 7/17/2026 | No | 11 | 64 | None | |
| GM | General Motors Company | Options Chain | 1.83 | 2.03 | 0.55 | 2.50 | 0.22 | 0.38 | 16 | 856 | -0.25 | -0.04 | 79.79 | 77.50 | 7/17/2026 | No | 8 | 60 | None | |
| INFY | Infosys Ltd | Options Chain | 0.25 | 0.65 | 0.22 | 1.00 | 0.22 | 0.48 | 10 | 0 | -0.12 | 0.00 | 12.10 | 11.00 | 7/17/2026 | No | 13 | 43 | None | |
| EXC | Exelon Corp | Options Chain | 0.55 | 0.75 | 0.22 | 1.00 | 0.22 | 0.22 | 0 | 3 | -0.27 | -0.01 | 46.03 | 44.00 | 7/17/2026 | No | 11 | 65 | None | |
| TGT | Target Corp | Options Chain | 2.46 | 2.64 | 1.09 | 5.00 | 0.22 | 0.33 | 68 | 83 | -0.25 | -0.06 | 128.33 | 120.00 | 7/17/2026 | No | 9 | 54 | None | |
| BCS | Barclays plc | Options Chain | 0.65 | 0.75 | 0.20 | 1.00 | 0.20 | 0.39 | 2 | 0 | -0.29 | -0.01 | 24.60 | 23.00 | 7/17/2026 | No | 14 | 59 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.55 | 0.20 | 1.00 | 0.20 | 0.37 | 5 | 1 | -0.29 | -0.01 | 19.63 | 18.00 | 7/17/2026 | No | 7 | 53 | None | |
| MMM | 3M Company | Options Chain | 2.57 | 2.77 | 0.99 | 5.00 | 0.20 | 0.31 | 21 | 11 | -0.24 | -0.07 | 154.03 | 145.00 | 7/17/2026 | No | 6 | 59 | None | |
| GFI | Gold Fields Ltd | Options Chain | 1.15 | 1.40 | 0.98 | 5.00 | 0.20 | 0.56 | 289 | 1 | -0.23 | -0.03 | 41.15 | 35.00 | 7/17/2026 | No | 11 | 56 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.27 | 1.36 | 0.47 | 2.50 | 0.19 | 0.34 | 68 | 118 | -0.23 | -0.03 | 77.40 | 70.00 | 7/17/2026 | Yes | 13 | 74 | None | |
| CLX | Clorox Company | Options Chain | 1.65 | 1.80 | 0.93 | 5.00 | 0.19 | 0.32 | 43 | 27 | -0.24 | -0.04 | 96.23 | 90.00 | 7/17/2026 | No | 14 | 55 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.86 | 0.92 | 0.46 | 2.50 | 0.18 | 0.39 | 61 | 33 | -0.23 | -0.02 | 45.14 | 40.00 | 7/17/2026 | No | 7 | 51 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.40 | 1.51 | 0.87 | 5.00 | 0.17 | 0.52 | 305 | 40 | -0.21 | -0.04 | 64.36 | 55.00 | 7/17/2026 | No | 9 | 58 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.36 | 1.53 | 0.86 | 5.00 | 0.17 | 0.30 | 475 | 235 | -0.26 | -0.04 | 89.40 | 80.00 | 7/17/2026 | Yes | 16 | 69 | None | |
| F | Ford Motor Company | Options Chain | 0.30 | 0.36 | 0.17 | 1.00 | 0.17 | 0.46 | 6392 | 273 | -0.20 | -0.01 | 15.32 | 14.00 | 7/17/2026 | No | 8 | 48 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.65 | 1.95 | 0.85 | 5.00 | 0.17 | 0.38 | 2 | 1 | -0.24 | -0.04 | 87.80 | 80.00 | 7/17/2026 | No | 9 | 57 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.79 | 1.98 | 0.83 | 5.00 | 0.17 | 0.23 | 193 | 73 | -0.24 | -0.05 | 142.96 | 140.00 | 7/17/2026 | No | 12 | 72 | None | |
| C | Citigroup Inc | Options Chain | 1.99 | 2.29 | 0.80 | 5.00 | 0.16 | 0.34 | 137 | 28 | -0.23 | -0.06 | 126.86 | 115.00 | 7/17/2026 | Yes | 14 | 77 | None | |
| KO | Coca-Cola Company | Options Chain | 0.78 | 0.86 | 0.40 | 2.50 | 0.16 | 0.19 | 84 | 101 | -0.23 | -0.02 | 80.46 | 77.50 | 7/17/2026 | No | 9 | 63 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.75 | 0.90 | 0.40 | 2.50 | 0.16 | 0.32 | 12 | 55 | -0.23 | -0.02 | 48.65 | 45.00 | 7/17/2026 | Yes | 15 | 75 | None | |
| VICI | VICI Properties Inc | Options Chain | 0.40 | 0.60 | 0.40 | 2.50 | 0.16 | 0.22 | 40 | 0 | -0.30 | -0.01 | 28.63 | 27.50 | 7/17/2026 | No | 9 | 67 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.40 | 1.75 | 0.78 | 5.00 | 0.16 | 0.45 | 40 | 2 | -0.23 | -0.03 | 69.01 | 60.00 | 7/17/2026 | No | 7 | 59 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.60 | 0.68 | 0.38 | 2.50 | 0.15 | 0.28 | 249 | 43 | -0.18 | -0.01 | 58.04 | 52.50 | 7/17/2026 | No | 15 | 61 | None | |
| T | AT&T Inc | Options Chain | 0.27 | 0.33 | 0.15 | 1.00 | 0.15 | 0.27 | 212 | 283 | -0.21 | -0.01 | 25.04 | 23.00 | 7/17/2026 | No | 9 | 58 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.50 | 0.15 | 1.00 | 0.15 | 0.30 | 27 | 0 | -0.25 | -0.01 | 21.77 | 20.00 | 7/17/2026 | No | 10 | 59 | None |