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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| INTU | Intuit Inc | Options Chain | 14.40 | 19.40 | 3.60 | 10.00 | 0.36 | 0.57 | 46 | 36 | -0.29 | -0.30 | 381.23 | 360.00 | 4/17/2026 | Yes | 10 | 54 | None | |
| GLW | Corning Inc | Options Chain | 6.75 | 7.40 | 1.58 | 5.00 | 0.32 | 0.64 | 33 | 83 | -0.27 | -0.13 | 160.43 | 135.00 | 4/17/2026 | No | 9 | 57 | None | |
| ORCL | Oracle Corp | Options Chain | 8.10 | 8.25 | 1.50 | 5.00 | 0.30 | 0.70 | 255 | 89 | -0.29 | -0.14 | 147.89 | 135.00 | 4/17/2026 | Yes | 7 | 60 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 4.80 | 5.05 | 1.48 | 5.00 | 0.30 | 0.58 | 128 | 672 | -0.27 | -0.09 | 124.20 | 110.00 | 4/17/2026 | Yes | 17 | 63 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.51 | 2.91 | 0.71 | 2.50 | 0.28 | 0.52 | 33 | 25 | -0.28 | -0.05 | 69.47 | 65.00 | 4/17/2026 | Yes | 11 | 58 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.00 | 2.20 | 0.67 | 2.50 | 0.27 | 0.36 | 9 | 23 | -0.27 | -0.02 | 82.35 | 75.00 | 4/17/2026 | No | 10 | 56 | None | |
| VST | Vistra Corp | Options Chain | 5.95 | 6.70 | 1.33 | 5.00 | 0.27 | 0.54 | 461 | 1342 | -0.28 | -0.13 | 175.36 | 160.00 | 4/17/2026 | Yes | 7 | 56 | None | |
| TD | Toronto Dominion Bank | Options Chain | 1.45 | 1.85 | 0.65 | 2.50 | 0.26 | 0.22 | 221 | 5 | -0.30 | -0.03 | 95.09 | 95.00 | 4/17/2026 | Yes | 12 | 67 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.15 | 13.15 | 2.57 | 10.00 | 0.26 | 0.46 | 146 | 425 | -0.30 | -0.24 | 387.73 | 350.00 | 4/17/2026 | Yes | 22 | 66 |
Dividend Stock List |
|
| DOW | Dow Inc | Options Chain | 0.90 | 1.06 | 0.64 | 2.50 | 0.26 | 0.45 | 684 | 142 | -0.29 | -0.01 | 30.02 | 27.50 | 4/17/2026 | No | 8 | 50 | None | |
| TGT | Target Corp | Options Chain | 3.00 | 3.40 | 1.26 | 5.00 | 0.25 | 0.45 | 8 | 38 | -0.25 | -0.07 | 115.92 | 105.00 | 4/17/2026 | Yes | 9 | 57 | None | |
| ETN | Eaton Corporation plc | Options Chain | 8.60 | 9.20 | 2.50 | 10.00 | 0.25 | 0.35 | 2 | 28 | -0.30 | -0.18 | 373.57 | 350.00 | 4/17/2026 | No | 12 | 69 | None | |
| ACN | Accenture plc - Class A | Options Chain | 7.50 | 7.90 | 1.25 | 5.00 | 0.25 | 0.51 | 12 | 46 | -0.29 | -0.14 | 191.50 | 190.00 | 4/17/2026 | Yes | 16 | 68 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.90 | 1.20 | 0.25 | 1.00 | 0.25 | 0.37 | 5 | 17 | -0.27 | -0.02 | 41.49 | 39.00 | 4/17/2026 | Yes | 14 | 76 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.70 | 0.85 | 0.25 | 1.00 | 0.25 | 0.42 | 1 | 5 | -0.28 | -0.02 | 26.78 | 25.00 | 4/17/2026 | No | 7 | 58 | None | |
| AA | Alcoa Corp | Options Chain | 2.42 | 2.59 | 1.22 | 5.00 | 0.24 | 0.67 | 60 | 67 | -0.23 | -0.05 | 64.90 | 55.00 | 4/17/2026 | Yes | 12 | 51 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 3.70 | 4.40 | 1.22 | 5.00 | 0.24 | 0.38 | 6 | 4 | -0.27 | -0.08 | 167.98 | 155.00 | 4/17/2026 | No | 9 | 70 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.90 | 6.20 | 1.20 | 5.00 | 0.24 | 0.39 | 102 | 102 | -0.26 | -0.13 | 237.54 | 225.00 | 4/17/2026 | No | 14 | 73 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.55 | 0.69 | 0.23 | 1.00 | 0.23 | 0.24 | 145 | 90 | -0.24 | -0.01 | 49.86 | 46.00 | 4/17/2026 | No | 10 | 73 | None | |
| INFY | Infosys Ltd | Options Chain | 0.40 | 0.55 | 0.23 | 1.00 | 0.23 | 0.51 | 5 | 4 | -0.25 | -0.01 | 14.24 | 13.00 | 4/17/2026 | Yes | 11 | 44 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.76 | 3.20 | 1.15 | 5.00 | 0.23 | 0.32 | 206 | 41 | -0.26 | -0.07 | 149.06 | 140.00 | 4/17/2026 | No | 9 | 66 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.25 | 6.55 | 1.15 | 5.00 | 0.23 | 0.30 | 73 | 66 | -0.29 | -0.12 | 303.30 | 290.00 | 4/17/2026 | Yes | 10 | 79 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.52 | 1.95 | 0.57 | 2.50 | 0.23 | 0.28 | 18 | 21 | -0.27 | -0.03 | 95.11 | 87.50 | 4/17/2026 | No | 6 | 62 | None | |
| UNP | Union Pacific Corp | Options Chain | 3.80 | 4.40 | 1.12 | 5.00 | 0.22 | 0.27 | 44 | 16 | -0.26 | -0.09 | 266.98 | 250.00 | 4/17/2026 | No | 10 | 66 | None | |
| OMC | Omnicom Group Inc | Options Chain | 1.50 | 2.10 | 0.55 | 2.50 | 0.22 | 0.37 | 0 | 10 | -0.24 | -0.03 | 82.71 | 77.50 | 4/17/2026 | No | 9 | 62 | None | |
| PRU | Prudential Financial Inc | Options Chain | 1.90 | 2.20 | 0.55 | 2.50 | 0.22 | 0.28 | 6 | 11 | -0.30 | -0.04 | 100.86 | 97.50 | 4/17/2026 | No | 17 | 72 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.52 | 0.67 | 0.22 | 1.00 | 0.22 | 0.55 | 6 | 0 | -0.22 | -0.01 | 20.63 | 18.00 | 4/17/2026 | Yes | 8 | 54 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.03 | 1.20 | 0.54 | 2.50 | 0.22 | 0.36 | 133 | 40 | -0.30 | -0.02 | 42.61 | 40.00 | 4/17/2026 | No | 9 | 64 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.14 | 1.22 | 0.53 | 2.50 | 0.21 | 0.37 | 114 | 72 | -0.27 | -0.02 | 50.90 | 47.50 | 4/17/2026 | Yes | 7 | 54 | None | |
| HPQ | HP Inc | Options Chain | 0.49 | 0.60 | 0.21 | 1.00 | 0.21 | 0.46 | 23 | 3 | -0.27 | -0.01 | 18.20 | 17.00 | 4/17/2026 | No | 9 | 42 | None | |
| OKE | Oneok Inc | Options Chain | 1.75 | 1.80 | 1.03 | 5.00 | 0.21 | 0.30 | 445 | 25 | -0.29 | -0.04 | 82.28 | 80.00 | 4/17/2026 | No | 13 | 75 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 5.10 | 5.60 | 2.05 | 10.00 | 0.20 | 0.42 | 2 | 1 | -0.24 | -0.11 | 235.07 | 210.00 | 4/17/2026 | No | 9 | 65 | None | |
| JEF | Jefferies Financial Group Inc | Options Chain | 1.45 | 1.65 | 0.50 | 2.50 | 0.20 | 0.57 | 1182 | 18 | -0.24 | -0.03 | 50.69 | 42.50 | 4/17/2026 | Yes | 13 | 73 | None | |
| EQNR | Equinor ASA | Options Chain | 0.50 | 0.60 | 0.20 | 1.00 | 0.20 | 0.32 | 61 | 0 | -0.24 | -0.01 | 29.20 | 27.00 | 4/17/2026 | No | 10 | 63 | None | |
| T | AT&T Inc | Options Chain | 0.46 | 0.48 | 0.20 | 1.00 | 0.20 | 0.26 | 798 | 385 | -0.28 | -0.01 | 27.87 | 26.00 | 4/17/2026 | No | 12 | 66 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.10 | 6.60 | 1.97 | 10.00 | 0.20 | 0.41 | 116 | 172 | -0.24 | -0.12 | 284.20 | 260.00 | 4/17/2026 | Yes | 10 | 58 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.72 | 1.85 | 0.49 | 2.50 | 0.20 | 0.35 | 1543 | 70 | -0.25 | -0.04 | 86.76 | 80.00 | 4/17/2026 | Yes | 12 | 75 | None | |
| KO | Coca-Cola Company | Options Chain | 1.11 | 1.15 | 0.48 | 2.50 | 0.19 | 0.20 | 169 | 170 | -0.30 | -0.02 | 80.47 | 77.50 | 4/17/2026 | No | 8 | 62 | None | |
| NTAP | Netapp Inc | Options Chain | 2.15 | 2.85 | 0.95 | 5.00 | 0.19 | 0.47 | 1 | 2 | -0.24 | -0.06 | 101.88 | 90.00 | 4/17/2026 | Yes | 15 | 67 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.64 | 1.85 | 0.94 | 5.00 | 0.19 | 0.51 | 398 | 114 | -0.22 | -0.04 | 68.82 | 60.00 | 4/17/2026 | No | 11 | 57 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 3.25 | 3.60 | 0.93 | 5.00 | 0.19 | 0.29 | 3 | 2 | -0.25 | -0.07 | 218.66 | 200.00 | 4/17/2026 | No | 8 | 66 | None | |
| VTRS | Viatris Inc | Options Chain | 0.25 | 0.40 | 0.18 | 1.00 | 0.18 | 0.37 | 2 | 0 | -0.25 | -0.01 | 16.08 | 14.00 | 4/17/2026 | Yes | 5 | 51 | None | |
| HON | Honeywell International Inc | Options Chain | 3.60 | 3.80 | 1.75 | 10.00 | 0.17 | 0.24 | 49 | 120 | -0.28 | -0.07 | 242.77 | 230.00 | 4/17/2026 | No | 7 | 63 | None | |
| SAN | Banco Santander S.A. | Options Chain | 0.25 | 0.35 | 0.17 | 1.00 | 0.17 | 0.38 | 3491 | 0 | -0.25 | -0.01 | 12.51 | 12.00 | 4/17/2026 | No | 13 | 51 | None | |
| KEY | Keycorp | Options Chain | 0.40 | 0.50 | 0.17 | 1.00 | 0.17 | 0.36 | 21 | 0 | -0.25 | -0.01 | 21.47 | 20.00 | 4/17/2026 | Yes | 9 | 59 | None | |
| TROW | T. Rowe Price Group Inc | Options Chain | 1.60 | 2.00 | 0.85 | 5.00 | 0.17 | 0.29 | 4 | 10 | -0.25 | -0.02 | 94.80 | 90.00 | 4/17/2026 | No | 16 | 49 |
Dividend Stock List |
|
| EL | Estee Lauder Cos. Inc - Class A | Options Chain | 1.98 | 2.15 | 0.84 | 5.00 | 0.17 | 0.41 | 2 | 0 | -0.21 | -0.05 | 115.29 | 100.00 | 4/17/2026 | No | 5 | 49 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.45 | 1.54 | 0.42 | 2.50 | 0.17 | 0.31 | 66 | 103 | -0.25 | -0.05 | 95.35 | 90.00 | 4/17/2026 | Yes | 11 | 70 | None | |
| UL | Unilever plc | Options Chain | 0.80 | 0.90 | 0.42 | 2.50 | 0.17 | 0.20 | 16 | 0 | -0.27 | -0.02 | 73.20 | 70.00 | 4/17/2026 | No | 8 | 59 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.15 | 3.70 | 1.64 | 10.00 | 0.16 | 0.25 | 209 | 100 | -0.25 | -0.09 | 245.17 | 230.00 | 4/17/2026 | Yes | 14 | 73 | None | |
| NDAQ | Nasdaq Inc - 144A | Options Chain | 1.10 | 1.85 | 0.40 | 2.50 | 0.16 | 0.30 | 0 | 3 | -0.25 | -0.03 | 84.20 | 82.50 | 4/17/2026 | No | 10 | 67 | None | |
| C | Citigroup Inc | Options Chain | 2.09 | 2.21 | 0.78 | 5.00 | 0.16 | 0.39 | 1108 | 472 | -0.23 | -0.07 | 113.95 | 105.00 | 4/17/2026 | Yes | 15 | 77 | None | |
| JCI | Johnson Controls International plc | Options Chain | 2.40 | 2.70 | 0.77 | 5.00 | 0.15 | 0.30 | 142 | 0 | -0.26 | -0.05 | 144.49 | 135.00 | 4/17/2026 | No | 10 | 62 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.76 | 0.95 | 0.38 | 2.50 | 0.15 | 0.33 | 18 | 20 | -0.23 | -0.02 | 50.11 | 47.50 | 4/17/2026 | Yes | 11 | 67 | None | |
| A | Agilent Technologies Inc | Options Chain | 1.40 | 2.35 | 0.75 | 5.00 | 0.15 | 0.33 | 48 | 1 | -0.24 | -0.05 | 124.72 | 110.00 | 4/17/2026 | No | 12 | 60 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.30 | 0.40 | 0.15 | 1.00 | 0.15 | 0.41 | 2 | 0 | -0.20 | -0.01 | 17.79 | 16.00 | 4/17/2026 | Yes | 8 | 66 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.40 | 0.45 | 0.15 | 1.00 | 0.15 | 0.26 | 1 | 0 | -0.23 | -0.01 | 32.77 | 31.00 | 4/17/2026 | Yes | 10 | 67 | None | |
| PPL | PPL Corp | Options Chain | 0.40 | 0.65 | 0.15 | 1.00 | 0.15 | 0.21 | 33 | 0 | -0.27 | -0.01 | 38.28 | 37.00 | 4/17/2026 | No | 7 | 65 | None |