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 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
GFI | Gold Fields Ltd | Options Chain | 1.75 | 1.85 | 0.35 | 1.00 | 0.35 | 0.57 | 12 | 16 | -0.30 | -0.04 | 42.04 | 40.00 | 11/21/2025 | Yes | 13 | 60 | None | |
BWXT | BWX Technologies Inc | Options Chain | 5.90 | 7.10 | 1.70 | 5.00 | 0.34 | 0.45 | 1 | 10 | -0.30 | -0.13 | 192.65 | 185.00 | 11/21/2025 | Yes | 10 | 57 | None | |
STM | ST Microelectronics | Options Chain | 1.00 | 1.15 | 0.33 | 1.00 | 0.33 | 0.50 | 1 | 5 | -0.30 | -0.02 | 28.65 | 27.00 | 11/21/2025 | Yes | 12 | 45 | None | |
PAAS | Pan American Silver Corp | Options Chain | 1.40 | 1.50 | 0.32 | 1.00 | 0.32 | 0.49 | 14 | 5 | -0.29 | -0.03 | 39.55 | 37.00 | 11/21/2025 | Yes | 17 | 59 | None | |
UNH | Unitedhealth Group Inc | Options Chain | 11.10 | 11.35 | 3.13 | 10.00 | 0.31 | 0.41 | 386 | 529 | -0.30 | -0.24 | 364.37 | 350.00 | 11/21/2025 | Yes | 12 | 66 | None | |
FCX | Freeport-McMoRan Inc | Options Chain | 1.33 | 1.38 | 0.31 | 1.00 | 0.31 | 0.45 | 315 | 220 | -0.29 | -0.03 | 41.06 | 40.00 | 11/21/2025 | Yes | 12 | 60 | None | |
CAT | Caterpillar Inc | Options Chain | 11.40 | 12.80 | 2.95 | 10.00 | 0.30 | 0.38 | 318 | 396 | -0.28 | -0.26 | 487.23 | 470.00 | 11/21/2025 | Yes | 10 | 69 | None | |
DELL | Dell Technologies Inc - Class C | Options Chain | 5.00 | 5.20 | 1.47 | 5.00 | 0.29 | 0.50 | 489 | 329 | -0.26 | -0.11 | 150.84 | 150.00 | 11/21/2025 | No | 15 | 59 | None | |
SYY | Sysco Corp | Options Chain | 1.00 | 1.25 | 0.73 | 2.50 | 0.29 | 0.25 | 59 | 43 | -0.26 | -0.03 | 79.94 | 75.00 | 11/21/2025 | Yes | 10 | 64 | None | |
NEM | Newmont Corp | Options Chain | 2.48 | 2.57 | 0.72 | 2.50 | 0.29 | 0.43 | 190 | 690 | -0.28 | -0.06 | 87.26 | 82.50 | 11/21/2025 | Yes | 17 | 69 | None | |
NVO | Novo Nordisk | Options Chain | 2.52 | 2.57 | 1.43 | 5.00 | 0.29 | 0.58 | 253 | 709 | -0.30 | -0.05 | 58.90 | 55.00 | 11/21/2025 | Yes | 15 | 73 | None | |
HPE | Hewlett Packard Enterprise Company | Options Chain | 0.80 | 0.83 | 0.28 | 1.00 | 0.28 | 0.49 | 72 | 18 | -0.27 | -0.02 | 25.07 | 24.00 | 11/21/2025 | No | 13 | 59 | None | |
BKR | Baker Hughes Co - Class A | Options Chain | 1.05 | 1.20 | 0.28 | 1.00 | 0.28 | 0.36 | 10 | 0 | -0.29 | -0.02 | 48.58 | 45.00 | 11/21/2025 | Yes | 14 | 65 | None | |
AMAT | Applied Materials Inc | Options Chain | 6.20 | 6.35 | 1.38 | 5.00 | 0.28 | 0.47 | 142 | 31 | -0.27 | -0.15 | 212.17 | 200.00 | 11/21/2025 | Yes | 16 | 69 | None | |
TOL | Toll Brothers Inc | Options Chain | 3.40 | 3.60 | 1.37 | 5.00 | 0.27 | 0.37 | 53 | 177 | -0.30 | -0.07 | 132.90 | 125.00 | 11/21/2025 | No | 12 | 68 | None | |
CVS | CVS Health Corp | Options Chain | 1.94 | 1.99 | 0.68 | 2.50 | 0.27 | 0.36 | 24 | 72 | -0.30 | -0.03 | 77.25 | 72.50 | 11/21/2025 | Yes | 11 | 64 | None | |
HD | Home Depot Inc | Options Chain | 7.15 | 7.45 | 1.35 | 5.00 | 0.27 | 0.27 | 46 | 49 | -0.30 | -0.17 | 386.80 | 370.00 | 11/21/2025 | Yes | 8 | 65 | None | |
HPQ | HP Inc | Options Chain | 0.38 | 0.50 | 0.27 | 1.00 | 0.27 | 0.34 | 7 | 4 | -0.22 | -0.01 | 26.66 | 25.00 | 11/21/2025 | No | 13 | 51 | None | |
AVGO | Broadcom Inc | Options Chain | 10.85 | 11.05 | 2.67 | 10.00 | 0.27 | 0.48 | 240 | 741 | -0.28 | -0.24 | 337.50 | 320.00 | 11/21/2025 | No | 9 | 67 | None | |
LRCX | Lam Research Corp | Options Chain | 4.30 | 4.45 | 1.33 | 5.00 | 0.27 | 0.51 | 22 | 18 | -0.26 | -0.10 | 140.85 | 130.00 | 11/21/2025 | Yes | 14 | 64 | None | |
DAL | Delta Air Lines Inc | Options Chain | 1.82 | 1.90 | 0.66 | 2.50 | 0.26 | 0.50 | 740 | 1752 | -0.28 | -0.04 | 56.66 | 52.50 | 11/21/2025 | Yes | 13 | 65 | None | |
EBAY | EBay Inc | Options Chain | 2.17 | 2.28 | 0.65 | 2.50 | 0.26 | 0.42 | 4 | 52 | -0.26 | -0.06 | 92.90 | 85.00 | 11/21/2025 | Yes | 11 | 64 | None | |
CF | CF Industries Holdings Inc | Options Chain | 2.20 | 2.35 | 0.65 | 2.50 | 0.26 | 0.38 | 1 | 2 | -0.29 | -0.05 | 91.97 | 85.00 | 11/21/2025 | Yes | 13 | 69 | None | |
NEE | NextEra Energy Inc | Options Chain | 1.62 | 1.73 | 0.64 | 2.50 | 0.26 | 0.30 | 262 | 1018 | -0.29 | -0.04 | 83.45 | 80.00 | 11/21/2025 | Yes | 7 | 62 | None | |
ORCL | Oracle Corp | Options Chain | 7.80 | 8.05 | 2.53 | 10.00 | 0.25 | 0.51 | 687 | 381 | -0.24 | -0.20 | 282.44 | 260.00 | 11/21/2025 | No | 8 | 62 | None | |
TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.30 | 8.45 | 2.50 | 10.00 | 0.25 | 0.46 | 878 | 1238 | -0.27 | -0.22 | 295.90 | 280.00 | 11/21/2025 | Yes | 22 | 74 |
Dividend Stock List |
|
MSFT | Microsoft Corporation | Options Chain | 8.90 | 9.05 | 1.25 | 5.00 | 0.25 | 0.28 | 205 | 73 | -0.28 | -0.23 | 523.42 | 500.00 | 11/21/2025 | Yes | 13 | 68 | None | |
AES | AES Corp | Options Chain | 0.30 | 0.40 | 0.25 | 1.00 | 0.25 | 0.50 | 12 | 6 | -0.22 | -0.01 | 14.46 | 13.00 | 11/21/2025 | Yes | 14 | 55 | None | |
NTR | Nutrien Ltd | Options Chain | 1.40 | 1.50 | 0.62 | 2.50 | 0.25 | 0.34 | 1 | 6 | -0.30 | -0.03 | 60.50 | 57.50 | 11/21/2025 | Yes | 13 | 63 | None | |
AU | AngloGold Ashanti Plc. | Options Chain | 2.40 | 2.60 | 1.22 | 5.00 | 0.24 | 0.55 | 24 | 36 | -0.26 | -0.06 | 74.97 | 70.00 | 11/21/2025 | Yes | 17 | 65 | None | |
EQT | EQT Corp | Options Chain | 1.31 | 1.38 | 0.61 | 2.50 | 0.24 | 0.39 | 1000 | 920 | -0.27 | -0.03 | 56.95 | 52.50 | 11/21/2025 | Yes | 8 | 68 | None | |
JPM | JPMorgan Chase & Company | Options Chain | 5.50 | 5.65 | 1.20 | 5.00 | 0.24 | 0.29 | 129 | 50 | -0.27 | -0.14 | 307.62 | 290.00 | 11/21/2025 | Yes | 11 | 78 | None | |
MCHP | Microchip Technology Inc | Options Chain | 1.85 | 2.00 | 0.60 | 2.50 | 0.24 | 0.53 | 26 | 2 | -0.24 | -0.05 | 65.25 | 60.00 | 11/21/2025 | Yes | 3 | 52 | None | |
MOS | Mosaic Company | Options Chain | 0.99 | 1.10 | 0.60 | 2.50 | 0.24 | 0.44 | 5 | 6 | -0.29 | -0.02 | 35.50 | 32.50 | 11/21/2025 | Yes | 16 | 66 | None | |
QCOM | Qualcomm Inc | Options Chain | 3.45 | 3.60 | 1.16 | 5.00 | 0.23 | 0.39 | 509 | 121 | -0.24 | -0.10 | 166.10 | 155.00 | 11/21/2025 | Yes | 15 | 64 | None | |
HAL | Halliburton Company | Options Chain | 0.54 | 0.57 | 0.23 | 1.00 | 0.23 | 0.42 | 249 | 145 | -0.25 | -0.01 | 23.86 | 22.00 | 11/21/2025 | Yes | 12 | 66 | None | |
BAC | Bank Of America Corp | Options Chain | 0.90 | 0.93 | 0.23 | 1.00 | 0.23 | 0.31 | 94 | 19597 | -0.26 | -0.02 | 50.20 | 47.00 | 11/21/2025 | Yes | 12 | 74 | None | |
ADM | Archer Daniels Midland Company | Options Chain | 1.15 | 1.25 | 0.57 | 2.50 | 0.23 | 0.36 | 9 | 19 | -0.25 | -0.03 | 62.51 | 57.50 | 11/21/2025 | Yes | 10 | 59 | None | |
GIS | General Mills Inc | Options Chain | 0.90 | 1.00 | 0.57 | 2.50 | 0.23 | 0.26 | 216 | 53 | -0.30 | -0.01 | 51.04 | 47.50 | 11/21/2025 | No | 13 | 64 | None | |
ALB | Albemarle Corp | Options Chain | 2.76 | 2.95 | 1.13 | 5.00 | 0.23 | 0.62 | 31 | 18 | -0.23 | -0.08 | 90.61 | 80.00 | 11/21/2025 | Yes | 8 | 53 | None | |
V | Visa Inc - Class A | Options Chain | 5.50 | 5.70 | 1.12 | 5.00 | 0.22 | 0.26 | 46 | 36 | -0.27 | -0.14 | 352.03 | 335.00 | 11/21/2025 | Yes | 9 | 69 | None | |
COP | Conoco Phillips | Options Chain | 1.73 | 1.80 | 0.56 | 2.50 | 0.22 | 0.33 | 4 | 129 | -0.26 | -0.04 | 95.00 | 87.50 | 11/21/2025 | Yes | 11 | 76 | None | |
APH | Amphenol Corp - Class A | Options Chain | 2.90 | 3.10 | 1.10 | 5.00 | 0.22 | 0.44 | 47 | 17 | -0.24 | -0.08 | 124.54 | 115.00 | 11/21/2025 | Yes | 11 | 59 | None | |
C | Citigroup Inc | Options Chain | 1.78 | 1.83 | 0.55 | 2.50 | 0.22 | 0.34 | 57 | 965 | -0.25 | -0.04 | 97.70 | 90.00 | 11/21/2025 | Yes | 16 | 81 | None | |
GM | General Motors Company | Options Chain | 1.27 | 1.32 | 0.55 | 2.50 | 0.22 | 0.39 | 34 | 223 | -0.26 | -0.03 | 57.20 | 52.50 | 11/21/2025 | Yes | 11 | 67 | None | |
EIX | Edison International | Options Chain | 1.10 | 1.20 | 0.55 | 2.50 | 0.22 | 0.37 | 67 | 93 | -0.26 | -0.03 | 53.90 | 50.00 | 11/21/2025 | Yes | 12 | 66 | None | |
WFC | Wells Fargo & Company | Options Chain | 1.54 | 1.60 | 0.55 | 2.50 | 0.22 | 0.32 | 295 | 17 | -0.27 | -0.03 | 81.16 | 75.00 | 11/21/2025 | Yes | 12 | 74 | None | |
RIO | Rio Tinto plc | Options Chain | 1.10 | 1.20 | 0.55 | 2.50 | 0.22 | 0.26 | 39 | 16 | -0.29 | -0.03 | 66.50 | 65.00 | 11/21/2025 | Yes | 14 | 74 | None | |
KDP | Keurig Dr Pepper Inc | Options Chain | 0.50 | 0.60 | 0.22 | 1.00 | 0.22 | 0.35 | 101 | 61 | -0.27 | -0.01 | 25.33 | 24.00 | 11/21/2025 | Yes | 10 | 61 | None | |
JEF | Jefferies Financial Group Inc | Options Chain | 1.35 | 1.80 | 0.53 | 2.50 | 0.21 | 0.49 | 2773 | 45 | -0.25 | -0.04 | 59.10 | 50.00 | 11/21/2025 | No | 13 | 64 | None | |
NKE | Nike Inc - Class B | Options Chain | 1.21 | 1.25 | 0.53 | 2.50 | 0.21 | 0.32 | 891 | 100 | -0.26 | -0.04 | 69.05 | 65.00 | 11/21/2025 | No | 8 | 54 | None | |
VZ | Verizon Communications Inc | Options Chain | 0.54 | 0.58 | 0.21 | 1.00 | 0.21 | 0.23 | 325 | 419 | -0.21 | -0.01 | 41.49 | 39.00 | 11/21/2025 | Yes | 14 | 65 | None | |
SCHW | Charles Schwab Corp | Options Chain | 1.58 | 1.66 | 0.52 | 2.50 | 0.21 | 0.33 | 2 | 22 | -0.24 | -0.04 | 94.10 | 87.50 | 11/21/2025 | Yes | 13 | 68 | None | |
GILD | Gilead Sciences Inc | Options Chain | 2.32 | 2.46 | 1.03 | 5.00 | 0.21 | 0.37 | 582 | 228 | -0.25 | -0.06 | 116.75 | 110.00 | 11/21/2025 | Yes | 11 | 72 | None | |
EL | Estee Lauder Cos. Inc - Class A | Options Chain | 2.37 | 2.53 | 1.02 | 5.00 | 0.20 | 0.53 | 64 | 64 | -0.22 | -0.07 | 92.75 | 85.00 | 11/21/2025 | Yes | 5 | 48 | None | |
WMT | Walmart Inc | Options Chain | 1.58 | 1.64 | 0.51 | 2.50 | 0.20 | 0.28 | 109 | 198 | -0.26 | -0.05 | 103.14 | 97.50 | 11/21/2025 | Yes | 9 | 59 | None | |
OXY | Occidental Petroleum Corp | Options Chain | 0.89 | 0.92 | 0.51 | 2.50 | 0.20 | 0.33 | 573 | 60 | -0.28 | -0.02 | 45.27 | 42.50 | 11/21/2025 | Yes | 7 | 62 | None | |
CTVA | Corteva Inc | Options Chain | 1.45 | 1.65 | 1.00 | 5.00 | 0.20 | 0.35 | 45 | 62 | -0.29 | -0.03 | 65.64 | 60.00 | 11/21/2025 | Yes | 14 | 65 | None | |
HBAN | Huntington Bancshares Inc | Options Chain | 0.20 | 0.40 | 0.20 | 1.00 | 0.20 | 0.34 | 36 | 0 | -0.21 | -0.01 | 16.78 | 15.00 | 11/21/2025 | Yes | 12 | 66 | None | |
EXC | Exelon Corp | Options Chain | 0.50 | 0.60 | 0.20 | 1.00 | 0.20 | 0.25 | 20 | 17 | -0.24 | -0.01 | 46.80 | 44.00 | 11/21/2025 | Yes | 11 | 68 | None | |
FITB | Fifth Third Bancorp | Options Chain | 0.70 | 0.80 | 0.20 | 1.00 | 0.20 | 0.31 | 5 | 2 | -0.25 | -0.02 | 43.75 | 41.00 | 11/21/2025 | Yes | 12 | 72 | None | |
IVZ | Invesco Ltd | Options Chain | 0.50 | 0.60 | 0.20 | 1.00 | 0.20 | 0.41 | 13 | 14 | -0.26 | -0.01 | 24.14 | 22.00 | 11/21/2025 | Yes | 14 | 63 | None | |
CNP | Centerpoint Energy Inc | Options Chain | 0.55 | 0.65 | 0.20 | 1.00 | 0.20 | 0.23 | 17 | 1 | -0.29 | -0.01 | 39.43 | 38.00 | 11/21/2025 | Yes | 7 | 62 | None | |
MS | Morgan Stanley | Options Chain | 2.70 | 2.78 | 0.98 | 5.00 | 0.20 | 0.33 | 107 | 66 | -0.25 | -0.06 | 155.96 | 145.00 | 11/21/2025 | Yes | 14 | 74 | None | |
TGT | Target Corp | Options Chain | 2.01 | 2.13 | 0.96 | 5.00 | 0.19 | 0.48 | 256 | 232 | -0.22 | -0.04 | 89.28 | 80.00 | 11/21/2025 | Yes | 13 | 66 | None | |
MO | Altria Group Inc | Options Chain | 0.92 | 0.98 | 0.48 | 2.50 | 0.19 | 0.25 | 60 | 9 | -0.26 | -0.03 | 66.65 | 62.50 | 11/21/2025 | Yes | 11 | 66 | None | |
DVN | Devon Energy Corp | Options Chain | 0.78 | 0.82 | 0.48 | 2.50 | 0.19 | 0.39 | 135 | 90 | -0.26 | -0.02 | 34.97 | 32.50 | 11/21/2025 | Yes | 10 | 64 | None | |
LEN | Lennar Corp - Class A | Options Chain | 2.25 | 2.35 | 0.95 | 5.00 | 0.19 | 0.39 | 19 | 14 | -0.24 | -0.06 | 122.37 | 110.00 | 11/21/2025 | No | 13 | 70 | None | |
CVX | Chevron Corp | Options Chain | 2.02 | 2.10 | 0.94 | 5.00 | 0.19 | 0.26 | 61 | 55 | -0.24 | -0.05 | 154.90 | 145.00 | 11/21/2025 | Yes | 11 | 74 | None | |
AZN | Astrazeneca plc | Options Chain | 1.15 | 1.24 | 0.45 | 2.50 | 0.18 | 0.29 | 6 | 0 | -0.23 | -0.04 | 85.96 | 80.00 | 11/21/2025 | Yes | 10 | 67 | None | |
FHN | First Horizon Corporation | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.40 | 4 | 10 | -0.22 | -0.01 | 22.98 | 21.00 | 11/21/2025 | Yes | 16 | 68 | None | |
KEY | Keycorp | Options Chain | 0.31 | 0.38 | 0.18 | 1.00 | 0.18 | 0.33 | 5 | 0 | -0.27 | -0.01 | 18.41 | 17.00 | 11/21/2025 | Yes | 7 | 50 | None | |
DUK | Duke Energy Corp | Options Chain | 1.25 | 1.35 | 0.82 | 5.00 | 0.16 | 0.19 | 147 | 11 | -0.26 | -0.03 | 125.76 | 120.00 | 11/21/2025 | Yes | 11 | 74 | None | |
MDT | Medtronic Plc | Options Chain | 1.02 | 1.13 | 0.41 | 2.50 | 0.16 | 0.24 | 14 | 8 | -0.23 | -0.04 | 98.50 | 92.50 | 11/21/2025 | Yes | 14 | 68 | None | |
MRK | Merck & Co Inc | Options Chain | 1.26 | 1.31 | 0.80 | 5.00 | 0.16 | 0.33 | 88 | 32 | -0.23 | -0.04 | 87.69 | 80.00 | 11/21/2025 | Yes | 14 | 73 | None | |
CSCO | Cisco Systems Inc | Options Chain | 0.98 | 1.04 | 0.40 | 2.50 | 0.16 | 0.33 | 3369 | 103 | -0.22 | -0.03 | 68.83 | 65.00 | 11/21/2025 | Yes | 11 | 66 | None | |
BHP | BHP Group Ltd | Options Chain | 0.75 | 0.85 | 0.40 | 2.50 | 0.16 | 0.29 | 44 | 103 | -0.24 | -0.03 | 55.20 | 52.50 | 11/21/2025 | Yes | 13 | 62 | None | |
EPD | Enterprise Products Partners L P | Options Chain | 0.23 | 0.30 | 0.16 | 1.00 | 0.16 | 0.17 | 17 | 1 | -0.18 | 0.00 | 31.60 | 30.00 | 11/21/2025 | Yes | 13 | 68 | None | |
T | AT&T Inc | Options Chain | 0.30 | 0.33 | 0.15 | 1.00 | 0.15 | 0.30 | 18 | 52 | -0.19 | -0.01 | 26.12 | 24.00 | 11/21/2025 | Yes | 11 | 66 | None | |
BCS | Barclays plc | Options Chain | 0.35 | 0.40 | 0.15 | 1.00 | 0.15 | 0.36 | 5 | 2 | -0.25 | -0.01 | 20.63 | 19.00 | 11/21/2025 | Yes | 19 | 55 | None |