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 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
AU | AngloGold Ashanti Plc. | Options Chain | 1.65 | 2.00 | 0.40 | 1.00 | 0.40 | 0.49 | 0 | 1 | -0.30 | -0.03 | 49.51 | 46.00 | 9/19/2025 | Yes | 17 | 64 | None | |
LLY | Lilly(Eli) & Company | Options Chain | 26.05 | 26.55 | 3.30 | 10.00 | 0.33 | 0.43 | 24 | 21 | -0.30 | -0.46 | 808.11 | 720.00 | 9/19/2025 | Yes | 11 | 65 | None | |
DELL | Dell Technologies Inc - Class C | Options Chain | 4.70 | 4.90 | 1.52 | 5.00 | 0.30 | 0.45 | 109 | 586 | -0.30 | -0.09 | 133.86 | 125.00 | 9/19/2025 | Yes | 14 | 63 | None | |
TPR | Tapestry Inc | Options Chain | 3.30 | 3.60 | 1.42 | 5.00 | 0.28 | 0.43 | 3 | 2 | -0.29 | -0.06 | 110.42 | 100.00 | 9/19/2025 | Yes | 9 | 63 | None | |
OVV | Ovintiv Inc | Options Chain | 0.95 | 1.10 | 0.28 | 1.00 | 0.28 | 0.34 | 2 | 0 | -0.27 | -0.02 | 42.91 | 40.00 | 9/19/2025 | No | 9 | 74 | None | |
MCHP | Microchip Technology Inc | Options Chain | 2.40 | 2.50 | 0.70 | 2.50 | 0.28 | 0.46 | 2 | 1 | -0.29 | -0.04 | 70.53 | 65.00 | 9/19/2025 | Yes | 3 | 50 | None | |
MSFT | Microsoft Corporation | Options Chain | 9.15 | 9.30 | 1.35 | 5.00 | 0.27 | 0.23 | 31 | 188 | -0.29 | -0.18 | 512.50 | 495.00 | 9/19/2025 | Yes | 14 | 68 | None | |
ORCL | Oracle Corp | Options Chain | 8.10 | 8.30 | 2.67 | 10.00 | 0.27 | 0.45 | 72 | 104 | -0.28 | -0.15 | 247.71 | 230.00 | 9/19/2025 | Yes | 9 | 61 | None | |
NEM | Newmont Corp | Options Chain | 1.44 | 1.47 | 0.66 | 2.50 | 0.26 | 0.32 | 99 | 829 | -0.29 | -0.03 | 63.66 | 60.00 | 9/19/2025 | No | 16 | 72 | None | |
UNH | Unitedhealth Group Inc | Options Chain | 6.40 | 6.55 | 2.60 | 10.00 | 0.26 | 0.37 | 1432 | 1155 | -0.29 | -0.13 | 282.12 | 250.00 | 9/19/2025 | Yes | 14 | 69 | None | |
HPQ | HP Inc | Options Chain | 0.72 | 0.75 | 0.26 | 1.00 | 0.26 | 0.38 | 43 | 11 | -0.29 | -0.01 | 25.85 | 24.00 | 9/19/2025 | Yes | 11 | 52 | None | |
LRCX | Lam Research Corp | Options Chain | 2.57 | 2.63 | 0.51 | 2.00 | 0.26 | 0.38 | 31 | 19 | -0.27 | -0.05 | 98.62 | 92.00 | 9/19/2025 | Yes | 11 | 63 | None | |
FCX | Freeport-McMoRan Inc | Options Chain | 0.95 | 0.98 | 0.25 | 1.00 | 0.25 | 0.36 | 327 | 3 | -0.25 | -0.02 | 43.79 | 40.00 | 9/19/2025 | No | 11 | 60 | None | |
GM | General Motors Company | Options Chain | 1.01 | 1.04 | 0.25 | 1.00 | 0.25 | 0.29 | 83 | 168 | -0.27 | -0.02 | 53.45 | 50.00 | 9/19/2025 | No | 12 | 67 | None | |
PAAS | Pan American Silver Corp | Options Chain | 0.70 | 0.80 | 0.25 | 1.00 | 0.25 | 0.40 | 10 | 11 | -0.27 | -0.01 | 28.51 | 26.00 | 9/19/2025 | Yes | 15 | 56 | None | |
CVE | Cenovus Energy Inc | Options Chain | 0.35 | 0.45 | 0.25 | 1.00 | 0.25 | 0.38 | 0 | 14 | -0.29 | -0.01 | 15.02 | 14.00 | 9/19/2025 | Yes | 14 | 71 | None | |
BP | BP plc | Options Chain | 0.63 | 0.67 | 0.25 | 1.00 | 0.25 | 0.25 | 5 | 31 | -0.30 | -0.01 | 32.67 | 31.00 | 9/19/2025 | Yes | 8 | 55 | None | |
STM | ST Microelectronics | Options Chain | 0.75 | 0.85 | 0.25 | 1.00 | 0.25 | 0.39 | 0 | 2 | -0.30 | -0.01 | 26.69 | 25.00 | 9/19/2025 | No | 13 | 44 | None | |
SU | Suncor Energy Inc | Options Chain | 0.70 | 0.80 | 0.25 | 1.00 | 0.25 | 0.25 | 7 | 1 | -0.30 | -0.01 | 39.96 | 38.00 | 9/19/2025 | No | 15 | 75 | None | |
TGT | Target Corp | Options Chain | 2.87 | 2.95 | 1.21 | 5.00 | 0.24 | 0.43 | 40 | 78 | -0.27 | -0.05 | 106.43 | 95.00 | 9/19/2025 | Yes | 14 | 66 | None | |
JCI | Johnson Controls International plc | Options Chain | 1.80 | 1.95 | 0.60 | 2.50 | 0.24 | 0.24 | 93 | 2 | -0.29 | -0.04 | 111.52 | 100.00 | 9/19/2025 | Yes | 9 | 63 | None | |
INTC | Intel Corp | Options Chain | 0.50 | 0.52 | 0.23 | 1.00 | 0.23 | 0.38 | 2131 | 265 | -0.25 | -0.01 | 20.68 | 19.00 | 9/19/2025 | No | 6 | 46 | None | |
AMAT | Applied Materials Inc | Options Chain | 4.15 | 4.25 | 1.15 | 5.00 | 0.23 | 0.37 | 32 | 12 | -0.26 | -0.09 | 190.27 | 175.00 | 9/19/2025 | Yes | 16 | 70 | None | |
V | Visa Inc - Class A | Options Chain | 5.50 | 5.70 | 1.15 | 5.00 | 0.23 | 0.23 | 37 | 36 | -0.29 | -0.13 | 355.47 | 340.00 | 9/19/2025 | Yes | 11 | 68 | None | |
EQT | EQT Corp | Options Chain | 1.34 | 1.39 | 0.69 | 3.00 | 0.23 | 0.36 | 44 | 5 | -0.29 | -0.03 | 51.91 | 50.00 | 9/19/2025 | No | 9 | 69 | None | |
CF | CF Industries Holdings Inc | Options Chain | 1.75 | 1.95 | 0.57 | 2.50 | 0.23 | 0.31 | 2 | 2 | -0.27 | -0.04 | 92.53 | 87.50 | 9/19/2025 | Yes | 13 | 64 | None | |
SCHW | Charles Schwab Corp | Options Chain | 1.60 | 1.63 | 0.57 | 2.50 | 0.23 | 0.22 | 127 | 83 | -0.30 | -0.03 | 97.91 | 95.00 | 9/19/2025 | No | 14 | 67 | None | |
AVGO | Broadcom Inc | Options Chain | 7.45 | 7.60 | 2.20 | 10.00 | 0.22 | 0.44 | 295 | 329 | -0.24 | -0.17 | 294.30 | 270.00 | 9/19/2025 | Yes | 8 | 66 | None | |
PM | Philip Morris International Inc | Options Chain | 2.65 | 2.80 | 1.10 | 5.00 | 0.22 | 0.24 | 29 | 19 | -0.30 | -0.06 | 157.77 | 155.00 | 9/19/2025 | No | 10 | 69 | None | |
EIX | Edison International | Options Chain | 1.25 | 1.40 | 0.55 | 2.50 | 0.22 | 0.43 | 7 | 4 | -0.24 | -0.03 | 52.27 | 47.50 | 9/19/2025 | No | 12 | 68 | None | |
C | Citigroup Inc | Options Chain | 1.67 | 1.70 | 0.55 | 2.50 | 0.22 | 0.26 | 64 | 18 | -0.28 | -0.03 | 95.55 | 90.00 | 9/19/2025 | No | 18 | 83 | None | |
QCOM | Qualcomm Inc | Options Chain | 3.35 | 3.45 | 1.08 | 5.00 | 0.22 | 0.36 | 175 | 141 | -0.25 | -0.07 | 161.05 | 150.00 | 9/19/2025 | Yes | 13 | 64 | None | |
APH | Amphenol Corp - Class A | Options Chain | 2.10 | 2.25 | 1.08 | 5.00 | 0.22 | 0.30 | 10 | 48 | -0.28 | -0.05 | 106.70 | 100.00 | 9/19/2025 | No | 12 | 59 | None | |
TER | Teradyne Inc | Options Chain | 2.35 | 2.55 | 1.07 | 5.00 | 0.21 | 0.49 | 4 | 5 | -0.23 | -0.06 | 91.14 | 80.00 | 9/19/2025 | Yes | 18 | 58 | None | |
AEM | Agnico Eagle Mines Ltd | Options Chain | 2.25 | 2.45 | 1.05 | 5.00 | 0.21 | 0.35 | 50 | 2 | -0.23 | -0.05 | 123.74 | 115.00 | 9/19/2025 | Yes | 15 | 71 | None | |
HPE | Hewlett Packard Enterprise Company | Options Chain | 0.46 | 0.49 | 0.21 | 1.00 | 0.21 | 0.39 | 14 | 1 | -0.25 | -0.01 | 20.88 | 19.00 | 9/19/2025 | Yes | 15 | 63 | None | |
HAL | Halliburton Company | Options Chain | 0.49 | 0.53 | 0.21 | 1.00 | 0.21 | 0.37 | 3 | 4 | -0.26 | -0.01 | 22.84 | 21.00 | 9/19/2025 | No | 12 | 64 | None | |
CG | Carlyle Group Inc (The) | Options Chain | 1.35 | 1.55 | 0.52 | 2.50 | 0.21 | 0.38 | 1 | 0 | -0.23 | -0.02 | 62.95 | 57.50 | 9/19/2025 | No | 12 | 66 | None | |
COP | Conoco Phillips | Options Chain | 1.59 | 1.72 | 0.52 | 2.50 | 0.21 | 0.30 | 4 | 4 | -0.24 | -0.03 | 97.02 | 90.00 | 9/19/2025 | Yes | 12 | 76 | None | |
ZBH | Zimmer Biomet Holdings Inc | Options Chain | 1.70 | 2.15 | 1.03 | 5.00 | 0.21 | 0.30 | 5 | 4 | -0.26 | -0.05 | 95.98 | 90.00 | 9/19/2025 | Yes | 13 | 61 | None | |
ZTS | Zoetis Inc - Class A | Options Chain | 2.65 | 2.75 | 1.00 | 5.00 | 0.20 | 0.32 | 11 | 3 | -0.24 | -0.07 | 150.75 | 140.00 | 9/19/2025 | Yes | 12 | 59 | None | |
PR | Permian Resources Corp - Class A | Options Chain | 0.30 | 0.40 | 0.20 | 1.00 | 0.20 | 0.41 | 46 | 2 | -0.26 | -0.01 | 14.33 | 13.00 | 9/19/2025 | Yes | 15 | 69 | None | |
BAC | Bank Of America Corp | Options Chain | 0.71 | 0.73 | 0.20 | 1.00 | 0.20 | 0.23 | 107 | 150 | -0.28 | -0.01 | 48.23 | 46.00 | 9/19/2025 | No | 13 | 73 | None | |
ACI | Albertsons Companies Inc - Class A | Options Chain | 0.30 | 0.40 | 0.20 | 1.00 | 0.20 | 0.24 | 2 | 1 | -0.30 | -0.01 | 19.69 | 19.00 | 9/19/2025 | No | 11 | 53 | None | |
EBAY | EBay Inc | Options Chain | 1.30 | 1.38 | 0.49 | 2.50 | 0.20 | 0.32 | 0 | 4 | -0.24 | -0.03 | 79.00 | 72.50 | 9/19/2025 | Yes | 11 | 65 | None | |
MCD | McDonald`s Corp | Options Chain | 3.50 | 3.70 | 0.96 | 5.00 | 0.19 | 0.22 | 9 | 17 | -0.24 | -0.08 | 299.22 | 285.00 | 9/19/2025 | Yes | 8 | 66 | None | |
JPM | JPMorgan Chase & Company | Options Chain | 3.85 | 3.95 | 0.94 | 5.00 | 0.19 | 0.21 | 28 | 29 | -0.25 | -0.10 | 298.28 | 285.00 | 9/19/2025 | No | 12 | 79 | None | |
CVS | CVS Health Corp | Options Chain | 1.12 | 1.15 | 0.47 | 2.50 | 0.19 | 0.37 | 30 | 18 | -0.22 | -0.03 | 59.64 | 55.00 | 9/19/2025 | Yes | 16 | 73 | None | |
CSCO | Cisco Systems Inc | Options Chain | 1.08 | 1.10 | 0.47 | 2.50 | 0.19 | 0.26 | 99 | 23 | -0.26 | -0.03 | 67.92 | 65.00 | 9/19/2025 | Yes | 10 | 67 | None | |
DHI | D.R. Horton Inc | Options Chain | 2.30 | 2.45 | 0.93 | 5.00 | 0.19 | 0.32 | 3 | 12 | -0.23 | -0.06 | 146.20 | 135.00 | 9/19/2025 | No | 12 | 71 | None | |
AON | Aon plc. - Class A | Options Chain | 4.00 | 5.00 | 1.85 | 10.00 | 0.18 | 0.21 | 6 | 1 | -0.26 | -0.11 | 369.16 | 340.00 | 9/19/2025 | No | 10 | 66 | None | |
NEE | NextEra Energy Inc | Options Chain | 1.06 | 1.12 | 0.46 | 2.50 | 0.18 | 0.26 | 31 | 29 | -0.26 | -0.02 | 71.34 | 67.50 | 9/19/2025 | No | 9 | 65 | None | |
SBUX | Starbucks Corp | Options Chain | 1.80 | 1.84 | 0.90 | 5.00 | 0.18 | 0.36 | 246 | 1631 | -0.24 | -0.04 | 93.67 | 85.00 | 9/19/2025 | Yes | 10 | 55 | None | |
SYF | Synchrony Financial | Options Chain | 1.15 | 1.25 | 0.45 | 2.50 | 0.18 | 0.29 | 2 | 2 | -0.25 | -0.03 | 72.87 | 67.50 | 9/19/2025 | No | 16 | 72 | None | |
EPD | Enterprise Products Partners L P | Options Chain | 0.32 | 0.38 | 0.18 | 1.00 | 0.18 | 0.17 | 69 | 60 | -0.16 | 0.00 | 31.15 | 30.00 | 9/19/2025 | Yes | 12 | 67 | None | |
RTX | RTX Corp | Options Chain | 1.90 | 1.97 | 0.89 | 5.00 | 0.18 | 0.21 | 56 | 11 | -0.26 | -0.04 | 156.07 | 150.00 | 9/19/2025 | No | 13 | 67 | None | |
NKE | Nike Inc - Class B | Options Chain | 1.14 | 1.18 | 0.44 | 2.50 | 0.18 | 0.29 | 58 | 28 | -0.22 | -0.03 | 79.24 | 72.50 | 9/19/2025 | No | 9 | 54 | None | |
WMT | Walmart Inc | Options Chain | 1.34 | 1.38 | 0.44 | 2.50 | 0.18 | 0.26 | 83 | 111 | -0.24 | -0.03 | 97.61 | 92.50 | 9/19/2025 | Yes | 11 | 56 | None | |
VZ | Verizon Communications Inc | Options Chain | 0.39 | 0.41 | 0.17 | 1.00 | 0.17 | 0.18 | 46 | 43 | -0.24 | -0.01 | 42.36 | 41.00 | 9/19/2025 | No | 13 | 72 | None | |
BKR | Baker Hughes Co - Class A | Options Chain | 0.65 | 0.75 | 0.17 | 1.00 | 0.17 | 0.26 | 2 | 1 | -0.27 | -0.02 | 46.55 | 43.00 | 9/19/2025 | No | 14 | 67 | None | |
TJX | TJX Companies Inc | Options Chain | 1.77 | 1.80 | 0.85 | 5.00 | 0.17 | 0.24 | 24 | 1 | -0.25 | -0.04 | 125.39 | 120.00 | 9/19/2025 | Yes | 11 | 61 | None | |
TSM | Taiwan Semiconductor Manufacturing | Options Chain | 4.00 | 4.10 | 1.69 | 10.00 | 0.17 | 0.34 | 60 | 96 | -0.22 | -0.11 | 242.75 | 220.00 | 9/19/2025 | No | 23 | 75 |
Dividend Stock List |
|
BXP | Boston Properties Inc | Options Chain | 1.10 | 1.30 | 0.42 | 2.50 | 0.17 | 0.31 | 0 | 1 | -0.25 | -0.03 | 69.60 | 65.00 | 9/19/2025 | Yes | 6 | 59 | None | |
KR | Kroger Company | Options Chain | 0.86 | 0.94 | 0.41 | 2.50 | 0.16 | 0.27 | 4 | 3 | -0.23 | -0.02 | 69.32 | 65.00 | 9/19/2025 | Yes | 12 | 63 | None | |
AZN | Astrazeneca plc | Options Chain | 0.89 | 0.99 | 0.41 | 2.50 | 0.16 | 0.24 | 62 | 3 | -0.25 | -0.02 | 71.83 | 70.00 | 9/19/2025 | Yes | 13 | 68 | None | |
TFC | Truist Financial Corporation | Options Chain | 0.65 | 0.74 | 0.41 | 2.50 | 0.16 | 0.23 | 4 | 4 | -0.26 | -0.01 | 45.09 | 42.50 | 9/19/2025 | No | 18 | 72 | None | |
MET | Metlife Inc | Options Chain | 1.10 | 1.25 | 0.40 | 2.50 | 0.16 | 0.28 | 0 | 1 | -0.24 | -0.02 | 77.66 | 72.50 | 9/19/2025 | Yes | 20 | 73 | None | |
CARR | Carrier Global Corp | Options Chain | 1.00 | 1.10 | 0.40 | 2.50 | 0.16 | 0.26 | 72 | 91 | -0.25 | -0.03 | 80.18 | 67.50 | 9/19/2025 | Yes | 10 | 58 | None | |
XOM | Exxon Mobil Corp | Options Chain | 1.37 | 1.41 | 0.79 | 5.00 | 0.16 | 0.23 | 48 | 26 | -0.22 | -0.02 | 111.44 | 105.00 | 9/19/2025 | Yes | 12 | 76 | None | |
WFC | Wells Fargo & Company | Options Chain | 1.06 | 1.08 | 0.39 | 2.50 | 0.16 | 0.25 | 112 | 43 | -0.24 | -0.02 | 84.32 | 77.50 | 9/19/2025 | No | 12 | 74 | None | |
SLB | SLB | Options Chain | 0.61 | 0.64 | 0.38 | 2.50 | 0.15 | 0.32 | 35 | 23 | -0.22 | -0.01 | 36.00 | 32.50 | 9/19/2025 | No | 11 | 69 | None | |
HIG | Hartford Financial Services Group Inc | Options Chain | 1.40 | 1.60 | 0.75 | 5.00 | 0.15 | 0.21 | 1 | 1 | -0.25 | -0.04 | 121.24 | 120.00 | 9/19/2025 | No | 16 | 71 | None | |
KEY | Keycorp | Options Chain | 0.24 | 0.27 | 0.15 | 1.00 | 0.15 | 0.28 | 16 | 4 | -0.22 | 0.00 | 18.44 | 17.00 | 9/19/2025 | No | 4 | 50 | None | |
FHN | First Horizon Corporation | Options Chain | 0.35 | 0.45 | 0.15 | 1.00 | 0.15 | 0.29 | 1 | 0 | -0.29 | -0.01 | 22.52 | 21.00 | 9/19/2025 | No | 15 | 67 | None |