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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAAS | Pan American Silver Corp | Options Chain | 1.25 | 1.55 | 0.45 | 1.00 | 0.45 | 0.48 | 9 | 24 | -0.28 | -0.03 | 46.01 | 41.00 | 11/20/2026 | Yes | 19 | 67 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.85 | 1.35 | 0.35 | 1.00 | 0.35 | 0.31 | 3 | 1 | -0.29 | -0.03 | 51.10 | 48.00 | 11/20/2026 | Yes | 7 | 65 | None | |
| CNP | Centerpoint Energy Inc | Options Chain | 0.20 | 0.90 | 0.35 | 1.00 | 0.35 | 0.22 | 1 | 1 | -0.30 | -0.01 | 37.83 | 37.00 | 11/20/2026 | Yes | 7 | 57 | None | |
| TXN | Texas Instruments Inc | Options Chain | 7.20 | 9.10 | 1.70 | 5.00 | 0.34 | 0.46 | 13 | 61 | -0.27 | -0.17 | 297.25 | 265.00 | 11/20/2026 | Yes | 11 | 65 | None | |
| GLW | Corning Inc | Options Chain | 6.70 | 7.15 | 1.70 | 5.00 | 0.34 | 0.59 | 54 | 66 | -0.29 | -0.14 | 168.71 | 150.00 | 11/20/2026 | Yes | 8 | 52 | None | |
| INTU | Intuit Inc | Options Chain | 9.10 | 10.50 | 3.30 | 10.00 | 0.33 | 0.53 | 24 | 24 | -0.27 | -0.21 | 289.72 | 270.00 | 11/20/2026 | Yes | 13 | 67 | None | |
| VST | Vistra Corp | Options Chain | 5.70 | 6.25 | 1.65 | 5.00 | 0.33 | 0.50 | 487 | 212 | -0.30 | -0.13 | 160.74 | 155.00 | 11/20/2026 | Yes | 7 | 54 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 15.70 | 17.40 | 3.20 | 10.00 | 0.32 | 0.52 | 55 | 87 | -0.30 | -0.33 | 433.85 | 410.00 | 11/20/2026 | Yes | 15 | 70 | None | |
| QCOM | Qualcomm Inc | Options Chain | 6.10 | 6.40 | 1.55 | 5.00 | 0.31 | 0.49 | 191 | 252 | -0.30 | -0.14 | 180.91 | 165.00 | 11/20/2026 | Yes | 10 | 63 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.30 | 5.85 | 1.50 | 5.00 | 0.30 | 0.40 | 39 | 496 | -0.28 | -0.11 | 221.75 | 205.00 | 11/20/2026 | Yes | 12 | 74 | None | |
| CVS | CVS Health Corp | Options Chain | 2.17 | 2.42 | 0.70 | 2.50 | 0.28 | 0.38 | 62 | 1052 | -0.29 | -0.04 | 86.59 | 82.50 | 11/20/2026 | Yes | 13 | 69 | None | |
| ORCL | Oracle Corp | Options Chain | 4.20 | 4.40 | 1.36 | 5.00 | 0.27 | 0.51 | 412 | 414 | -0.25 | -0.09 | 145.13 | 130.00 | 11/20/2026 | No | 7 | 62 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.62 | 2.83 | 1.36 | 5.00 | 0.27 | 0.61 | 173 | 297 | -0.26 | -0.06 | 71.40 | 65.00 | 11/20/2026 | No | 12 | 57 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.35 | 10.60 | 1.35 | 5.00 | 0.27 | 0.32 | 2 | 10 | -0.28 | -0.30 | 529.63 | 505.00 | 11/13/2026 | Yes | 13 | 72 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 3.10 | 3.30 | 1.34 | 5.00 | 0.27 | 0.42 | 123 | 212 | -0.27 | -0.07 | 118.22 | 110.00 | 11/20/2026 | Yes | 10 | 64 | None | |
| MS | Morgan Stanley | Options Chain | 3.95 | 4.55 | 1.34 | 5.00 | 0.27 | 0.32 | 161 | 42 | -0.30 | -0.08 | 191.57 | 180.00 | 11/20/2026 | Yes | 9 | 67 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.01 | 2.26 | 0.67 | 2.50 | 0.27 | 0.40 | 6 | 195 | -0.28 | -0.05 | 83.60 | 77.50 | 11/20/2026 | Yes | 13 | 67 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.60 | 11.10 | 2.67 | 10.00 | 0.27 | 0.33 | 343 | 499 | -0.30 | -0.25 | 483.96 | 450.00 | 11/20/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| UNH | Unitedhealth Group Inc | Options Chain | 8.40 | 9.00 | 2.65 | 10.00 | 0.27 | 0.39 | 112 | 99 | -0.26 | -0.21 | 376.18 | 350.00 | 11/20/2026 | Yes | 10 | 58 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.31 | 0.61 | 0.26 | 1.00 | 0.26 | 0.23 | 6 | 4 | -0.24 | -0.01 | 37.45 | 35.00 | 11/20/2026 | Yes | 9 | 59 | None | |
| CVX | Chevron Corp | Options Chain | 3.70 | 4.05 | 1.29 | 5.00 | 0.26 | 0.29 | 65 | 53 | -0.29 | -0.08 | 207.74 | 195.00 | 11/20/2026 | Yes | 13 | 77 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.55 | 1.80 | 0.63 | 2.50 | 0.25 | 0.34 | 10 | 33 | -0.26 | -0.04 | 87.00 | 80.00 | 11/20/2026 | Yes | 8 | 59 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.95 | 3.10 | 1.25 | 5.00 | 0.25 | 0.30 | 101 | 131 | -0.27 | -0.06 | 164.48 | 155.00 | 11/20/2026 | Yes | 11 | 66 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.75 | 0.90 | 0.25 | 1.00 | 0.25 | 0.34 | 14 | 21 | -0.28 | -0.01 | 37.91 | 35.00 | 11/20/2026 | Yes | 15 | 80 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.59 | 1.92 | 0.62 | 2.50 | 0.25 | 0.47 | 203 | 173 | -0.25 | -0.05 | 72.65 | 65.00 | 11/20/2026 | Yes | 10 | 59 | None | |
| COST | Costco Wholesale Corp | Options Chain | 11.65 | 13.90 | 1.23 | 5.00 | 0.25 | 0.20 | 31 | 15 | -0.30 | -0.31 | 935.18 | 915.00 | 11/20/2026 | No | 14 | 59 | None | |
| CRM | Salesforce Inc | Options Chain | 5.25 | 5.45 | 2.40 | 10.00 | 0.24 | 0.38 | 208 | 257 | -0.27 | -0.13 | 225.00 | 210.00 | 11/20/2026 | No | 15 | 70 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.00 | 5.50 | 1.20 | 5.00 | 0.24 | 0.26 | 30 | 148 | -0.27 | -0.14 | 331.75 | 315.00 | 11/20/2026 | Yes | 8 | 71 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.88 | 0.94 | 0.60 | 2.50 | 0.24 | 0.38 | 1677 | 326 | -0.30 | -0.02 | 34.66 | 32.50 | 11/20/2026 | No | 13 | 60 | None | |
| GIS | General Mills Inc | Options Chain | 0.75 | 0.80 | 0.58 | 2.50 | 0.23 | 0.32 | 284 | 54 | -0.25 | -0.01 | 32.23 | 30.00 | 11/20/2026 | No | 6 | 53 | None | |
| UNM | Unum Group | Options Chain | 1.20 | 2.45 | 0.58 | 2.50 | 0.23 | 0.37 | 1 | 0 | -0.26 | -0.05 | 91.83 | 85.00 | 11/20/2026 | Yes | 9 | 70 | None | |
| APA | APA Corporation | Options Chain | 0.88 | 1.33 | 0.55 | 2.50 | 0.22 | 0.44 | 14 | 5 | -0.26 | -0.02 | 44.06 | 40.00 | 11/20/2026 | Yes | 10 | 61 | None | |
| C | Citigroup Inc | Options Chain | 2.28 | 2.50 | 1.09 | 5.00 | 0.22 | 0.31 | 126 | 312 | -0.27 | -0.05 | 128.75 | 120.00 | 11/20/2026 | Yes | 14 | 69 | None | |
| SLB | SLB | Options Chain | 1.02 | 1.13 | 0.54 | 2.50 | 0.22 | 0.37 | 58 | 38 | -0.27 | -0.03 | 49.76 | 45.00 | 11/20/2026 | Yes | 7 | 56 | None | |
| NTAP | Netapp Inc | Options Chain | 5.20 | 5.90 | 2.15 | 10.00 | 0.21 | 0.49 | 32 | 78 | -0.22 | -0.12 | 229.30 | 210.00 | 11/20/2026 | No | 9 | 58 | None | |
| AVGO | Broadcom Inc | Options Chain | 7.25 | 8.55 | 1.07 | 5.00 | 0.21 | 0.36 | 38 | 47 | -0.28 | -0.23 | 375.81 | 355.00 | 11/13/2026 | No | 10 | 65 | None | |
| EIX | Edison International | Options Chain | 0.95 | 1.10 | 0.53 | 2.50 | 0.21 | 0.38 | 53 | 4 | -0.22 | -0.03 | 54.35 | 50.00 | 11/20/2026 | Yes | 10 | 53 | None | |
| STZ | Constellation Brands Inc - Class A | Options Chain | 1.70 | 2.15 | 1.05 | 5.00 | 0.21 | 0.31 | 87 | 338 | -0.24 | -0.04 | 110.50 | 110.00 | 11/20/2026 | Yes | 14 | 70 | None | |
| KO | Coca-Cola Company | Options Chain | 1.02 | 1.13 | 0.52 | 2.50 | 0.21 | 0.22 | 93 | 80 | -0.27 | -0.03 | 86.43 | 82.50 | 11/20/2026 | Yes | 9 | 61 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.08 | 1.21 | 0.52 | 2.50 | 0.21 | 0.37 | 24 | 16 | -0.28 | -0.03 | 48.18 | 45.00 | 11/20/2026 | Yes | 13 | 64 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.82 | 3.00 | 1.03 | 5.00 | 0.21 | 0.24 | 158 | 42 | -0.24 | -0.09 | 232.85 | 220.00 | 11/20/2026 | Yes | 12 | 60 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.96 | 1.12 | 0.51 | 2.50 | 0.20 | 0.35 | 76 | 48 | -0.23 | -0.03 | 59.59 | 55.00 | 11/20/2026 | Yes | 16 | 63 | None | |
| T | AT&T Inc | Options Chain | 0.35 | 0.45 | 0.20 | 1.00 | 0.20 | 0.28 | 101 | 66 | -0.25 | -0.01 | 24.46 | 23.00 | 11/20/2026 | Yes | 10 | 60 | None | |
| BBD | Banco Bradesco S.A. | Options Chain | 0.15 | 0.20 | 0.10 | 0.50 | 0.20 | 0.51 | 56 | 0 | -0.30 | 0.00 | 4.51 | 4.00 | 11/20/2026 | Yes | 16 | 51 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.21 | 1.30 | 0.49 | 2.50 | 0.20 | 0.30 | 484 | 72 | -0.24 | -0.03 | 81.74 | 75.00 | 11/20/2026 | Yes | 16 | 74 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.61 | 1.99 | 0.96 | 5.00 | 0.19 | 0.24 | 204 | 142 | -0.25 | -0.04 | 149.15 | 140.00 | 11/20/2026 | Yes | 8 | 65 | None | |
| BCS | Barclays plc | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.39 | 0 | 1 | -0.22 | -0.01 | 23.67 | 21.00 | 11/20/2026 | Yes | 15 | 58 | None | |
| KEY | Keycorp | Options Chain | 0.25 | 0.40 | 0.18 | 1.00 | 0.18 | 0.26 | 3 | 0 | -0.28 | -0.01 | 20.26 | 19.00 | 11/20/2026 | Yes | 10 | 59 | None | |
| TIGO | Millicom International Cellular S.A. | Options Chain | 0.65 | 4.00 | 0.88 | 5.00 | 0.18 | 0.52 | 15 | 15 | -0.22 | -0.05 | 90.46 | 80.00 | 11/20/2026 | Yes | 9 | 47 | None | |
| NVO | Novo Nordisk | Options Chain | 0.67 | 0.71 | 0.44 | 2.50 | 0.18 | 0.39 | 260 | 17 | -0.22 | -0.02 | 37.54 | 35.00 | 11/20/2026 | Yes | 14 | 59 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.29 | 0.35 | 0.17 | 1.00 | 0.17 | 0.38 | 40 | 5042 | -0.19 | -0.01 | 21.59 | 19.00 | 11/20/2026 | Yes | 12 | 61 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.45 | 0.75 | 0.17 | 1.00 | 0.17 | 0.37 | 0 | 13 | -0.25 | -0.01 | 30.66 | 28.00 | 11/20/2026 | Yes | 7 | 58 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.61 | 0.69 | 0.16 | 1.00 | 0.16 | 0.28 | 355 | 23 | -0.22 | -0.03 | 54.09 | 50.00 | 11/20/2026 | Yes | 14 | 74 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.62 | 0.70 | 0.16 | 1.00 | 0.16 | 0.25 | 29 | 19 | -0.23 | -0.01 | 45.98 | 43.00 | 11/20/2026 | Yes | 9 | 73 | None | |
| F | Ford Motor Company | Options Chain | 0.22 | 0.24 | 0.15 | 1.00 | 0.15 | 0.40 | 453 | 135 | -0.23 | -0.01 | 12.29 | 11.00 | 11/20/2026 | Yes | 9 | 51 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.41 | 0.52 | 0.15 | 1.00 | 0.15 | 0.26 | 14 | 0 | -0.26 | -0.01 | 32.15 | 30.00 | 11/20/2026 | Yes | 10 | 59 | None |