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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STM | ST Microelectronics | Options Chain | 2.25 | 2.40 | 0.35 | 1.00 | 0.35 | 0.60 | 0 | 41 | -0.28 | -0.04 | 53.24 | 48.00 | 11/20/2026 | Yes | 12 | 53 | None | |
| HPQ | HP Inc | Options Chain | 1.19 | 1.23 | 0.34 | 1.00 | 0.34 | 0.51 | 30 | 6 | -0.30 | -0.02 | 30.73 | 29.00 | 11/20/2026 | No | 10 | 46 | None | |
| QCOM | Qualcomm Inc | Options Chain | 7.40 | 7.65 | 1.68 | 5.00 | 0.34 | 0.52 | 22 | 151 | -0.30 | -0.13 | 184.10 | 170.00 | 11/20/2026 | Yes | 12 | 70 | None | |
| GLW | Corning Inc | Options Chain | 6.80 | 7.15 | 1.65 | 5.00 | 0.33 | 0.61 | 475 | 60 | -0.29 | -0.13 | 158.71 | 140.00 | 11/20/2026 | Yes | 9 | 54 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.75 | 7.20 | 1.53 | 5.00 | 0.31 | 0.41 | 11 | 71 | -0.30 | -0.12 | 219.99 | 205.00 | 11/20/2026 | Yes | 12 | 74 | None | |
| ACN | Accenture plc - Class A | Options Chain | 5.50 | 6.10 | 1.50 | 5.00 | 0.30 | 0.48 | 22 | 15 | -0.26 | -0.10 | 177.12 | 165.00 | 11/20/2026 | Yes | 17 | 69 | None | |
| ORCL | Oracle Corp | Options Chain | 4.85 | 4.95 | 1.50 | 5.00 | 0.30 | 0.52 | 215 | 1824 | -0.27 | -0.09 | 137.79 | 125.00 | 11/20/2026 | No | 8 | 62 | None | |
| EIX | Edison International | Options Chain | 1.50 | 1.65 | 0.73 | 2.50 | 0.29 | 0.37 | 34 | 22 | -0.29 | -0.02 | 53.56 | 50.00 | 11/20/2026 | Yes | 10 | 56 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.39 | 2.52 | 0.72 | 2.50 | 0.29 | 0.49 | 100 | 5 | -0.27 | -0.04 | 70.79 | 65.00 | 11/20/2026 | Yes | 11 | 58 | None | |
| TGT | Target Corp | Options Chain | 4.10 | 4.60 | 1.40 | 5.00 | 0.28 | 0.39 | 7 | 10 | -0.28 | -0.07 | 156.43 | 145.00 | 11/20/2026 | Yes | 14 | 72 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.35 | 1.80 | 0.70 | 2.50 | 0.28 | 0.46 | 0 | 4 | -0.24 | -0.03 | 58.18 | 52.50 | 11/20/2026 | Yes | 9 | 55 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.65 | 10.90 | 2.78 | 10.00 | 0.28 | 0.34 | 763 | 82 | -0.26 | -0.22 | 456.94 | 430.00 | 11/20/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| AZN | Astrazeneca plc | Options Chain | 3.50 | 4.00 | 1.35 | 5.00 | 0.27 | 0.31 | 6 | 14 | -0.29 | -0.08 | 164.21 | 155.00 | 11/20/2026 | Yes | 11 | 62 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.40 | 1.48 | 0.66 | 2.50 | 0.26 | 0.35 | 9 | 39 | -0.29 | -0.03 | 54.94 | 52.50 | 11/20/2026 | Yes | 10 | 55 | None | |
| VST | Vistra Corp | Options Chain | 3.70 | 4.05 | 1.29 | 5.00 | 0.26 | 0.47 | 186 | 598 | -0.23 | -0.09 | 140.83 | 125.00 | 11/20/2026 | Yes | 9 | 61 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 3.00 | 3.15 | 1.29 | 5.00 | 0.26 | 0.41 | 27 | 32 | -0.28 | -0.06 | 106.94 | 100.00 | 11/20/2026 | Yes | 10 | 67 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.80 | 6.15 | 1.28 | 5.00 | 0.26 | 0.27 | 13 | 875 | -0.27 | -0.11 | 334.98 | 315.00 | 11/20/2026 | Yes | 12 | 80 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.50 | 3.65 | 1.28 | 5.00 | 0.26 | 0.31 | 37 | 81 | -0.30 | -0.07 | 161.35 | 155.00 | 11/20/2026 | Yes | 13 | 73 | None | |
| WMT | Walmart Inc | Options Chain | 2.39 | 2.44 | 1.26 | 5.00 | 0.25 | 0.30 | 709 | 359 | -0.28 | -0.05 | 106.80 | 100.00 | 11/20/2026 | Yes | 8 | 55 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.75 | 2.00 | 0.63 | 2.50 | 0.25 | 0.35 | 1 | 1 | -0.28 | -0.04 | 79.40 | 75.00 | 11/20/2026 | Yes | 16 | 52 | None | |
| MET | Metlife Inc | Options Chain | 1.95 | 2.10 | 0.63 | 2.50 | 0.25 | 0.29 | 32 | 0 | -0.30 | -0.04 | 95.20 | 90.00 | 11/20/2026 | Yes | 16 | 68 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.90 | 1.05 | 0.25 | 1.00 | 0.25 | 0.35 | 3 | 20 | -0.30 | -0.02 | 37.81 | 35.00 | 11/20/2026 | Yes | 15 | 79 | None | |
| VTRS | Viatris Inc | Options Chain | 0.50 | 0.60 | 0.25 | 1.00 | 0.25 | 0.36 | 1 | 0 | -0.30 | -0.01 | 18.12 | 17.00 | 11/20/2026 | Yes | 6 | 51 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.90 | 2.10 | 0.62 | 2.50 | 0.25 | 0.35 | 11 | 1 | -0.27 | -0.04 | 84.82 | 80.00 | 11/20/2026 | Yes | 10 | 58 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.22 | 1.25 | 0.62 | 2.50 | 0.25 | 0.28 | 190 | 179 | -0.30 | -0.02 | 54.96 | 52.50 | 11/20/2026 | Yes | 10 | 65 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.10 | 8.50 | 2.45 | 10.00 | 0.25 | 0.37 | 70 | 89 | -0.24 | -0.19 | 374.94 | 340.00 | 11/20/2026 | Yes | 13 | 65 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.07 | 1.10 | 0.61 | 2.50 | 0.24 | 0.46 | 63 | 237 | -0.27 | -0.02 | 35.84 | 32.50 | 11/20/2026 | Yes | 14 | 61 | None | |
| FNV | Franco-Nevada Corporation | Options Chain | 4.50 | 6.40 | 2.32 | 10.00 | 0.23 | 0.40 | 63 | 4 | -0.26 | -0.12 | 247.94 | 220.00 | 11/20/2026 | Yes | 14 | 67 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.29 | 1.39 | 0.58 | 2.50 | 0.23 | 0.26 | 41 | 1388 | -0.27 | -0.03 | 75.89 | 72.50 | 11/20/2026 | Yes | 11 | 64 | None | |
| USB | U.S. Bancorp. | Options Chain | 1.12 | 1.23 | 0.58 | 2.50 | 0.23 | 0.28 | 6 | 42 | -0.28 | -0.03 | 58.14 | 55.00 | 11/20/2026 | Yes | 16 | 75 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.70 | 0.77 | 0.23 | 1.00 | 0.23 | 0.26 | 60 | 85 | -0.24 | -0.01 | 45.98 | 43.00 | 11/20/2026 | Yes | 8 | 64 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.47 | 0.54 | 0.23 | 1.00 | 0.23 | 0.37 | 34 | 50 | -0.24 | -0.01 | 21.60 | 20.00 | 11/20/2026 | Yes | 11 | 62 | None | |
| PCG | PG&E Corp | Options Chain | 0.31 | 0.42 | 0.23 | 1.00 | 0.23 | 0.49 | 1 | 1 | -0.25 | -0.01 | 12.18 | 11.00 | 11/20/2026 | Yes | 13 | 60 | None | |
| MS | Morgan Stanley | Options Chain | 3.60 | 3.85 | 1.14 | 5.00 | 0.23 | 0.34 | 36 | 52 | -0.25 | -0.07 | 192.76 | 175.00 | 11/20/2026 | Yes | 11 | 67 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.52 | 1.64 | 0.57 | 2.50 | 0.23 | 0.31 | 135 | 67 | -0.27 | -0.03 | 80.65 | 75.00 | 11/20/2026 | Yes | 12 | 65 | None | |
| T | AT&T Inc | Options Chain | 0.48 | 0.51 | 0.22 | 1.00 | 0.22 | 0.29 | 44 | 108 | -0.27 | -0.01 | 24.48 | 23.00 | 11/20/2026 | Yes | 11 | 58 | None | |
| CRM | Salesforce Inc | Options Chain | 5.15 | 5.45 | 2.17 | 10.00 | 0.22 | 0.40 | 90 | 89 | -0.24 | -0.12 | 225.31 | 210.00 | 11/20/2026 | No | 10 | 63 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.50 | 1.80 | 1.07 | 5.00 | 0.21 | 0.39 | 4 | 0 | -0.28 | -0.04 | 58.83 | 55.00 | 11/20/2026 | Yes | 14 | 73 | None | |
| SYF | Synchrony Financial | Options Chain | 1.35 | 1.60 | 0.53 | 2.50 | 0.21 | 0.36 | 3 | 0 | -0.24 | -0.03 | 71.72 | 65.00 | 11/20/2026 | Yes | 12 | 66 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.81 | 1.96 | 1.04 | 5.00 | 0.21 | 0.63 | 476 | 119 | -0.19 | -0.05 | 61.49 | 55.00 | 11/20/2026 | No | 12 | 59 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.85 | 3.00 | 1.04 | 5.00 | 0.21 | 0.23 | 143 | 18 | -0.23 | -0.08 | 233.98 | 220.00 | 11/20/2026 | Yes | 9 | 52 | None | |
| ITW | Illinois Tool Works Inc | Options Chain | 3.90 | 4.50 | 2.05 | 10.00 | 0.20 | 0.24 | 1 | 0 | -0.28 | -0.11 | 267.07 | 250.00 | 11/20/2026 | Yes | 11 | 65 | None | |
| C | Citigroup Inc | Options Chain | 2.27 | 2.39 | 1.00 | 5.00 | 0.20 | 0.33 | 218 | 27 | -0.23 | -0.05 | 130.80 | 120.00 | 11/20/2026 | Yes | 14 | 69 | None | |
| APA | APA Corporation | Options Chain | 1.00 | 1.05 | 0.50 | 2.50 | 0.20 | 0.48 | 1 | 30 | -0.22 | -0.02 | 42.19 | 37.50 | 11/20/2026 | Yes | 10 | 61 | None | |
| SLB | SLB | Options Chain | 0.97 | 1.03 | 0.50 | 2.50 | 0.20 | 0.37 | 1327 | 37 | -0.23 | -0.02 | 49.87 | 45.00 | 11/20/2026 | Yes | 6 | 56 | None | |
| CARR | Carrier Global Corp | Options Chain | 1.20 | 1.30 | 0.50 | 2.50 | 0.20 | 0.41 | 14 | 0 | -0.24 | -0.03 | 55.38 | 50.00 | 11/20/2026 | Yes | 7 | 58 | None | |
| ING | ING Groep N.V. | Options Chain | 0.55 | 0.65 | 0.20 | 1.00 | 0.20 | 0.32 | 0 | 10 | -0.23 | -0.02 | 36.08 | 33.00 | 11/20/2026 | Yes | 8 | 54 | None | |
| KEY | Keycorp | Options Chain | 0.35 | 0.45 | 0.20 | 1.00 | 0.20 | 0.31 | 69 | 0 | -0.27 | -0.01 | 20.12 | 19.00 | 11/20/2026 | Yes | 10 | 59 | None | |
| F | Ford Motor Company | Options Chain | 0.30 | 0.31 | 0.20 | 1.00 | 0.20 | 0.40 | 474 | 26 | -0.27 | -0.01 | 12.30 | 11.00 | 11/20/2026 | Yes | 9 | 51 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.60 | 0.70 | 0.20 | 1.00 | 0.20 | 0.41 | 3 | 0 | -0.30 | -0.01 | 21.20 | 20.00 | 11/20/2026 | Yes | 13 | 69 | None | |
| LUV | Southwest Airlines Company | Options Chain | 0.96 | 1.09 | 0.49 | 2.50 | 0.20 | 0.46 | 6 | 20 | -0.23 | -0.03 | 42.08 | 37.50 | 11/20/2026 | Yes | 10 | 54 | None | |
| NVO | Novo Nordisk | Options Chain | 0.76 | 0.79 | 0.48 | 2.50 | 0.19 | 0.38 | 13 | 6 | -0.23 | -0.02 | 38.31 | 35.00 | 11/20/2026 | Yes | 11 | 50 | None | |
| KO | Coca-Cola Company | Options Chain | 1.06 | 1.11 | 0.48 | 2.50 | 0.19 | 0.22 | 81 | 66 | -0.23 | -0.03 | 87.05 | 82.50 | 11/20/2026 | Yes | 11 | 67 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.89 | 0.97 | 0.47 | 2.50 | 0.19 | 0.38 | 4 | 0 | -0.23 | -0.02 | 46.60 | 42.50 | 11/20/2026 | Yes | 13 | 66 | None | |
| DOW | Dow Inc | Options Chain | 0.58 | 0.75 | 0.46 | 2.50 | 0.18 | 0.44 | 40 | 32 | -0.23 | -0.02 | 27.61 | 25.00 | 11/20/2026 | Yes | 8 | 54 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.32 | 0.50 | 0.18 | 1.00 | 0.18 | 0.21 | 3 | 60 | -0.24 | -0.01 | 36.02 | 34.00 | 11/20/2026 | Yes | 12 | 67 | None | |
| EXC | Exelon Corp | Options Chain | 0.35 | 0.70 | 0.18 | 1.00 | 0.18 | 0.22 | 0 | 3 | -0.28 | -0.01 | 40.65 | 39.00 | 11/20/2026 | Yes | 8 | 55 | None | |
| GM | General Motors Company | Options Chain | 1.55 | 1.60 | 0.88 | 5.00 | 0.18 | 0.40 | 18 | 4 | -0.22 | -0.04 | 80.47 | 70.00 | 11/20/2026 | Yes | 9 | 59 | None | |
| EQT | EQT Corp | Options Chain | 0.70 | 0.78 | 0.44 | 2.50 | 0.18 | 0.32 | 1353 | 52 | -0.22 | -0.02 | 48.88 | 45.00 | 11/20/2026 | Yes | 11 | 59 | None | |
| GIS | General Mills Inc | Options Chain | 0.55 | 0.65 | 0.42 | 2.50 | 0.17 | 0.33 | 55 | 17 | -0.21 | -0.01 | 33.82 | 30.00 | 11/20/2026 | No | 6 | 51 | None |