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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USB | U.S. Bancorp. | Options Chain | 0.50 | 1.38 | 0.38 | 1.00 | 0.38 | 0.25 | 0 | 3 | -0.27 | -0.02 | 64.12 | 61.00 | 9/25/2026 | No | 13 | 65 | None | |
| GLW | Corning Inc | Options Chain | 7.20 | 9.20 | 1.87 | 5.00 | 0.37 | 0.74 | 11 | 7 | -0.27 | -0.17 | 161.24 | 145.00 | 9/25/2026 | No | 9 | 54 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.60 | 1.30 | 0.37 | 1.00 | 0.37 | 0.31 | 0 | 1 | -0.30 | -0.02 | 44.06 | 42.00 | 9/18/2026 | No | 15 | 78 | None | |
| WMT | Walmart Inc | Options Chain | 1.60 | 3.40 | 0.36 | 1.00 | 0.36 | 0.31 | 0 | 3 | -0.30 | -0.04 | 111.92 | 106.00 | 9/25/2026 | Yes | 10 | 59 | None | |
| PCG | PG&E Corp | Options Chain | 0.62 | 0.79 | 0.17 | 0.50 | 0.34 | 0.49 | 0 | 6 | -0.30 | -0.02 | 17.46 | 16.50 | 9/25/2026 | No | 9 | 50 | None | |
| EQT | EQT Corp | Options Chain | 0.65 | 0.84 | 0.33 | 1.00 | 0.33 | 0.25 | 5 | 0 | -0.28 | -0.02 | 51.69 | 50.00 | 9/25/2026 | No | 15 | 69 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.10 | 12.40 | 1.57 | 5.00 | 0.31 | 0.41 | 11 | 3 | -0.29 | -0.26 | 420.04 | 395.00 | 9/25/2026 | No | 23 | 65 |
Dividend Stock List |
|
| QCOM | Qualcomm Inc | Options Chain | 5.15 | 5.80 | 1.53 | 5.00 | 0.31 | 0.52 | 21 | 9 | -0.26 | -0.11 | 168.18 | 150.00 | 9/25/2026 | No | 12 | 71 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.64 | 1.00 | 0.30 | 1.00 | 0.30 | 0.25 | 0 | 2 | -0.30 | -0.02 | 46.96 | 45.00 | 9/25/2026 | No | 10 | 73 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.84 | 1.37 | 0.29 | 1.00 | 0.29 | 0.36 | 7 | 6 | -0.29 | -0.02 | 41.70 | 39.00 | 9/25/2026 | No | 13 | 59 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.10 | 2.25 | 0.65 | 2.50 | 0.26 | 0.42 | 1 | 0 | -0.25 | -0.04 | 90.41 | 82.50 | 9/18/2026 | Yes | 9 | 57 | None | |
| MO | Altria Group Inc | Options Chain | 0.95 | 1.55 | 0.24 | 1.00 | 0.24 | 0.25 | 2 | 0 | -0.29 | -0.02 | 68.35 | 64.00 | 9/25/2026 | No | 8 | 57 | None | |
| KDP | Keurig Dr Pepper Inc | Options Chain | 0.45 | 0.55 | 0.22 | 1.00 | 0.22 | 0.27 | 15 | 2 | -0.28 | -0.01 | 30.06 | 28.00 | 9/18/2026 | Yes | 9 | 51 | None | |
| VST | Vistra Corp | Options Chain | 2.97 | 4.80 | 1.09 | 5.00 | 0.22 | 0.47 | 0 | 16 | -0.26 | -0.09 | 140.59 | 130.00 | 9/25/2026 | Yes | 6 | 56 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.80 | 1.05 | 0.50 | 2.50 | 0.20 | 0.25 | 8 | 0 | -0.30 | -0.01 | 52.35 | 50.00 | 9/18/2026 | No | 11 | 66 | None | |
| KO | Coca-Cola Company | Options Chain | 0.78 | 1.03 | 0.20 | 1.00 | 0.20 | 0.20 | 1 | 1 | -0.26 | -0.02 | 87.16 | 83.00 | 9/25/2026 | No | 9 | 61 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.60 | 0.75 | 0.20 | 1.00 | 0.20 | 0.33 | 1 | 0 | -0.27 | -0.01 | 32.17 | 30.00 | 9/18/2026 | No | 8 | 59 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.52 | 0.63 | 0.10 | 0.50 | 0.20 | 0.26 | 10 | 0 | -0.25 | -0.01 | 25.32 | 23.50 | 9/25/2026 | No | 8 | 58 | None | |
| OKE | Oneok Inc | Options Chain | 1.50 | 1.70 | 0.97 | 5.00 | 0.19 | 0.27 | 5 | 7 | -0.30 | -0.04 | 87.00 | 85.00 | 9/18/2026 | No | 13 | 74 | None | |
| GIS | General Mills Inc | Options Chain | 0.60 | 0.65 | 0.45 | 2.50 | 0.18 | 0.31 | 311 | 49 | -0.27 | -0.02 | 36.89 | 35.00 | 9/18/2026 | Yes | 5 | 53 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.32 | 0.65 | 0.18 | 1.00 | 0.18 | 0.23 | 0 | 1 | -0.29 | -0.01 | 30.85 | 30.00 | 9/25/2026 | No | 13 | 67 | None | |
| CVX | Chevron Corp | Options Chain | 2.45 | 3.15 | 0.80 | 5.00 | 0.16 | 0.27 | 6 | 4 | -0.24 | -0.04 | 186.56 | 180.00 | 9/25/2026 | No | 11 | 69 | None | |
| MKC | McCormick & Co. Inc (Non Voting) | Options Chain | 0.95 | 1.05 | 0.75 | 5.00 | 0.15 | 0.34 | 1177 | 51 | -0.26 | -0.03 | 52.96 | 50.00 | 9/18/2026 | No | 8 | 55 | None | |
| INFY | Infosys Ltd | Options Chain | 0.20 | 0.30 | 0.15 | 1.00 | 0.15 | 0.57 | 5 | 0 | -0.21 | -0.01 | 12.53 | 11.00 | 9/18/2026 | No | 15 | 50 | None |