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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DELL | Dell Technologies Inc - Class C | Options Chain | 26.20 | 27.60 | 3.50 | 10.00 | 0.35 | 0.70 | 44 | 70 | -0.28 | -0.47 | 501.96 | 450.00 | 12/18/2026 | Yes | 14 | 59 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 8.00 | 10.90 | 3.40 | 10.00 | 0.34 | 0.53 | 238 | 9 | -0.27 | -0.17 | 246.30 | 230.00 | 12/18/2026 | Yes | 11 | 67 | None | |
| NVT | nVent Electric plc | Options Chain | 3.90 | 6.90 | 1.70 | 5.00 | 0.34 | 0.59 | 3 | 0 | -0.26 | -0.10 | 134.53 | 120.00 | 12/18/2026 | Yes | 8 | 58 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 16.90 | 18.10 | 3.30 | 10.00 | 0.33 | 0.52 | 136 | 9 | -0.29 | -0.29 | 435.98 | 400.00 | 12/18/2026 | Yes | 13 | 70 | None | |
| TEL | TE Connectivity plc | Options Chain | 5.80 | 8.20 | 3.27 | 10.00 | 0.33 | 0.41 | 756 | 4 | -0.29 | -0.11 | 214.00 | 210.00 | 12/18/2026 | Yes | 9 | 60 | None | |
| AEP | American Electric Power Company Inc | Options Chain | 1.55 | 3.50 | 1.58 | 5.00 | 0.32 | 0.24 | 31 | 13 | -0.30 | -0.03 | 130.30 | 125.00 | 12/18/2026 | Yes | 7 | 74 | None | |
| OKE | Oneok Inc | Options Chain | 2.00 | 2.25 | 0.78 | 2.50 | 0.31 | 0.31 | 4 | 12 | -0.30 | -0.03 | 96.01 | 90.00 | 12/18/2026 | Yes | 11 | 63 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 3.35 | 3.45 | 1.53 | 5.00 | 0.31 | 0.69 | 113 | 89 | -0.30 | -0.06 | 60.84 | 55.00 | 12/18/2026 | Yes | 12 | 59 | None | |
| TRV | Travelers Companies Inc | Options Chain | 5.90 | 7.80 | 3.00 | 10.00 | 0.30 | 0.24 | 0 | 1 | -0.28 | -0.13 | 397.03 | 380.00 | 12/18/2026 | No | 15 | 72 | None | |
| ORCL | Oracle Corp | Options Chain | 5.40 | 5.55 | 1.48 | 5.00 | 0.30 | 0.65 | 935 | 181 | -0.25 | -0.11 | 126.50 | 115.00 | 12/18/2026 | Yes | 12 | 73 | None | |
| GILD | Gilead Sciences Inc | Options Chain | 3.60 | 5.20 | 1.48 | 5.00 | 0.30 | 0.35 | 11 | 3 | -0.30 | -0.06 | 159.08 | 150.00 | 12/18/2026 | Yes | 9 | 63 | None | |
| AMAT | Applied Materials Inc | Options Chain | 13.80 | 18.35 | 2.95 | 10.00 | 0.30 | 0.56 | 13 | 24 | -0.28 | -0.30 | 395.93 | 360.00 | 12/18/2026 | Yes | 14 | 63 |
Dividend Stock List |
|
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.95 | 2.40 | 0.73 | 2.50 | 0.29 | 0.43 | 1 | 18 | -0.29 | -0.03 | 67.43 | 62.50 | 12/18/2026 | Yes | 9 | 62 | None | |
| VST | Vistra Corp | Options Chain | 5.05 | 5.50 | 1.45 | 5.00 | 0.29 | 0.49 | 12 | 82 | -0.28 | -0.10 | 146.66 | 135.00 | 12/18/2026 | Yes | 8 | 54 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.80 | 6.25 | 1.45 | 5.00 | 0.29 | 0.33 | 53 | 51 | -0.29 | -0.10 | 252.50 | 235.00 | 12/18/2026 | No | 13 | 74 | None | |
| GLW | Corning Inc | Options Chain | 4.85 | 5.40 | 1.43 | 5.00 | 0.29 | 0.55 | 244 | 196 | -0.28 | -0.09 | 126.30 | 115.00 | 12/18/2026 | Yes | 10 | 54 | None | |
| QCOM | Qualcomm Inc | Options Chain | 6.80 | 8.05 | 1.40 | 5.00 | 0.28 | 0.51 | 67 | 25 | -0.30 | -0.12 | 184.17 | 170.00 | 12/18/2026 | Yes | 12 | 70 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.35 | 2.85 | 0.70 | 2.50 | 0.28 | 0.46 | 29 | 98 | -0.28 | -0.05 | 78.21 | 72.50 | 12/18/2026 | Yes | 8 | 55 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.28 | 1.62 | 0.70 | 2.50 | 0.28 | 0.38 | 3 | 80 | -0.28 | -0.02 | 51.23 | 47.50 | 12/18/2026 | Yes | 10 | 56 | None | |
| CRM | Salesforce Inc | Options Chain | 8.05 | 8.45 | 2.75 | 10.00 | 0.28 | 0.50 | 61 | 47 | -0.27 | -0.16 | 240.89 | 220.00 | 12/18/2026 | Yes | 14 | 70 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.65 | 11.15 | 2.70 | 10.00 | 0.27 | 0.35 | 74 | 955 | -0.28 | -0.21 | 436.87 | 410.00 | 12/18/2026 | No | 23 | 68 |
Dividend Stock List |
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| JPM | JPMorgan Chase & Company | Options Chain | 5.75 | 6.20 | 1.33 | 5.00 | 0.27 | 0.23 | 30 | 39 | -0.30 | -0.13 | 334.40 | 325.00 | 12/18/2026 | No | 9 | 78 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.90 | 9.25 | 2.65 | 10.00 | 0.27 | 0.30 | 74 | 53 | -0.30 | -0.16 | 409.02 | 390.00 | 12/18/2026 | No | 13 | 64 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.80 | 11.50 | 1.32 | 5.00 | 0.26 | 0.32 | 5 | 13 | -0.28 | -0.27 | 531.33 | 505.00 | 12/4/2026 | Yes | 11 | 66 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.70 | 4.00 | 1.32 | 5.00 | 0.26 | 0.30 | 101 | 84 | -0.29 | -0.07 | 184.42 | 170.00 | 12/18/2026 | Yes | 12 | 71 | None | |
| AVGO | Broadcom Inc | Options Chain | 9.75 | 10.00 | 2.55 | 10.00 | 0.26 | 0.47 | 1239 | 701 | -0.25 | -0.21 | 342.33 | 310.00 | 12/18/2026 | Yes | 10 | 65 | None | |
| V | Visa Inc - Class A | Options Chain | 6.15 | 6.75 | 1.27 | 5.00 | 0.25 | 0.23 | 125 | 130 | -0.29 | -0.13 | 401.86 | 385.00 | 12/18/2026 | Yes | 10 | 69 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.55 | 2.00 | 1.25 | 5.00 | 0.25 | 0.40 | 34 | 39 | -0.29 | -0.03 | 59.00 | 55.00 | 12/18/2026 | Yes | 15 | 68 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.53 | 0.60 | 0.25 | 1.00 | 0.25 | 0.26 | 13 | 103 | -0.27 | -0.01 | 33.85 | 32.00 | 12/18/2026 | No | 9 | 59 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.60 | 2.90 | 0.62 | 2.50 | 0.25 | 0.50 | 29 | 2 | -0.26 | -0.04 | 66.22 | 60.00 | 12/18/2026 | Yes | 15 | 71 | None | |
| NUE | Nucor Corp | Options Chain | 5.80 | 7.10 | 2.45 | 10.00 | 0.25 | 0.38 | 6 | 13 | -0.26 | -0.14 | 270.79 | 250.00 | 12/18/2026 | Yes | 12 | 63 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.06 | 2.22 | 0.61 | 2.50 | 0.24 | 0.41 | 182 | 1299 | -0.26 | -0.04 | 81.45 | 75.00 | 12/18/2026 | No | 10 | 58 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.65 | 1.83 | 0.61 | 2.50 | 0.24 | 0.27 | 15 | 12 | -0.28 | -0.03 | 89.74 | 85.00 | 12/18/2026 | No | 15 | 72 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.75 | 1.95 | 0.60 | 2.50 | 0.24 | 0.34 | 612 | 468 | -0.27 | -0.04 | 82.60 | 77.50 | 12/18/2026 | Yes | 11 | 27 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.63 | 0.82 | 0.24 | 1.00 | 0.24 | 0.25 | 207 | 160 | -0.28 | -0.02 | 43.23 | 42.00 | 12/18/2026 | Yes | 8 | 64 | None | |
| T | AT&T Inc | Options Chain | 0.37 | 0.50 | 0.24 | 1.00 | 0.24 | 0.27 | 165 | 76 | -0.29 | -0.01 | 20.86 | 20.00 | 12/18/2026 | No | 10 | 60 | None | |
| GM | General Motors Company | Options Chain | 1.52 | 1.63 | 0.59 | 2.50 | 0.24 | 0.33 | 98 | 534 | -0.25 | -0.04 | 80.54 | 75.00 | 12/18/2026 | No | 10 | 59 | None | |
| HAS | Hasbro Inc | Options Chain | 2.30 | 2.80 | 1.17 | 5.00 | 0.23 | 0.33 | 23 | 262 | -0.27 | -0.04 | 118.33 | 110.00 | 12/18/2026 | No | 7 | 59 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.45 | 1.80 | 0.58 | 2.50 | 0.23 | 0.32 | 1 | 2 | -0.24 | -0.04 | 85.74 | 80.00 | 12/18/2026 | No | 14 | 73 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.85 | 0.91 | 0.23 | 1.00 | 0.23 | 0.26 | 156 | 131 | -0.27 | -0.02 | 50.68 | 48.00 | 12/18/2026 | No | 12 | 74 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.15 | 1.40 | 0.23 | 1.00 | 0.23 | 0.46 | 1 | 0 | -0.27 | -0.02 | 40.27 | 38.00 | 12/18/2026 | Yes | 19 | 67 | None | |
| AZN | Astrazeneca plc | Options Chain | 3.00 | 3.40 | 1.15 | 5.00 | 0.23 | 0.30 | 706 | 32 | -0.25 | -0.08 | 170.08 | 160.00 | 12/18/2026 | Yes | 13 | 68 | None | |
| AJG | Arthur J. Gallagher & Company | Options Chain | 5.20 | 6.30 | 2.25 | 10.00 | 0.23 | 0.36 | 1 | 1 | -0.26 | -0.11 | 259.01 | 240.00 | 12/18/2026 | Yes | 8 | 63 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.11 | 1.29 | 0.55 | 2.50 | 0.22 | 0.32 | 28 | 44 | -0.26 | -0.03 | 61.55 | 57.50 | 12/18/2026 | Yes | 16 | 70 | None | |
| EQT | EQT Corp | Options Chain | 1.03 | 1.23 | 0.54 | 2.50 | 0.22 | 0.31 | 319 | 146 | -0.28 | -0.02 | 54.93 | 52.50 | 12/18/2026 | Yes | 10 | 60 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.66 | 1.80 | 1.06 | 5.00 | 0.21 | 0.44 | 225 | 824 | -0.24 | -0.04 | 65.95 | 60.00 | 12/18/2026 | Yes | 10 | 58 | None | |
| XYL | Xylem Inc | Options Chain | 1.00 | 2.35 | 1.05 | 5.00 | 0.21 | 0.31 | 25 | 7 | -0.21 | -0.04 | 92.86 | 85.00 | 12/18/2026 | Yes | 12 | 56 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.75 | 2.00 | 1.05 | 5.00 | 0.21 | 0.45 | 27 | 18 | -0.23 | -0.04 | 78.23 | 70.00 | 12/18/2026 | Yes | 11 | 55 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.30 | 0.40 | 0.21 | 1.00 | 0.21 | 0.33 | 52 | 926 | -0.21 | -0.01 | 21.84 | 20.00 | 12/18/2026 | No | 16 | 70 | None | |
| PCG | PG&E Corp | Options Chain | 0.39 | 0.46 | 0.21 | 1.00 | 0.21 | 0.45 | 52 | 1218 | -0.28 | -0.01 | 12.96 | 12.00 | 12/18/2026 | No | 9 | 54 | None | |
| KO | Coca-Cola Company | Options Chain | 1.13 | 1.24 | 0.52 | 2.50 | 0.21 | 0.20 | 168 | 859 | -0.28 | -0.02 | 91.18 | 87.50 | 12/18/2026 | Yes | 9 | 61 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.09 | 1.24 | 0.50 | 2.50 | 0.20 | 0.35 | 224 | 20 | -0.23 | -0.03 | 62.73 | 57.50 | 12/18/2026 | Yes | 10 | 62 | None | |
| BCS | Barclays plc | Options Chain | 0.45 | 0.55 | 0.20 | 1.00 | 0.20 | 0.34 | 2 | 0 | -0.26 | -0.01 | 22.46 | 21.00 | 12/18/2026 | No | 18 | 69 | None | |
| C | Citigroup Inc | Options Chain | 2.13 | 2.27 | 0.99 | 5.00 | 0.20 | 0.29 | 425 | 53 | -0.26 | -0.04 | 122.69 | 115.00 | 12/18/2026 | No | 14 | 70 | None | |
| WM | Waste Management Inc | Options Chain | 2.10 | 3.50 | 1.92 | 10.00 | 0.19 | 0.25 | 20 | 19 | -0.22 | -0.07 | 235.81 | 220.00 | 12/18/2026 | Yes | 9 | 68 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.31 | 2.59 | 0.48 | 2.50 | 0.19 | 0.43 | 59 | 6 | -0.22 | -0.06 | 111.38 | 100.00 | 12/18/2026 | Yes | 8 | 62 | None | |
| DOW | Dow Inc | Options Chain | 0.51 | 0.74 | 0.43 | 2.50 | 0.17 | 0.40 | 116 | 241 | -0.19 | -0.01 | 33.78 | 30.00 | 12/18/2026 | No | 7 | 51 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.55 | 0.75 | 0.17 | 1.00 | 0.17 | 0.30 | 2 | 4 | -0.25 | -0.01 | 38.72 | 36.00 | 12/18/2026 | No | 11 | 69 | None | |
| EQNR | Equinor ASA | Options Chain | 1.10 | 1.80 | 0.17 | 1.00 | 0.17 | 0.43 | 251 | 51 | -0.27 | -0.02 | 48.30 | 43.00 | 12/18/2026 | Yes | 10 | 52 | None | |
| MKC | McCormick & Co. Inc (Non Voting) | Options Chain | 0.90 | 1.15 | 0.83 | 5.00 | 0.17 | 0.30 | 41 | 3 | -0.29 | -0.02 | 47.48 | 45.00 | 12/18/2026 | No | 10 | 63 | None | |
| WMT | Walmart Inc | Options Chain | 1.59 | 1.66 | 0.82 | 5.00 | 0.16 | 0.29 | 163 | 153 | -0.23 | -0.05 | 120.19 | 110.00 | 12/18/2026 | Yes | 9 | 57 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.43 | 0.58 | 0.39 | 2.50 | 0.16 | 0.33 | 256 | 93 | -0.25 | -0.01 | 24.06 | 22.50 | 12/18/2026 | Yes | 7 | 60 | None | |
| NVO | Novo Nordisk | Options Chain | 0.59 | 0.63 | 0.38 | 2.50 | 0.15 | 0.36 | 93 | 2 | -0.21 | -0.02 | 39.10 | 35.00 | 12/18/2026 | Yes | 14 | 59 | None | |
| AA | Alcoa Corp | Options Chain | 0.62 | 0.82 | 0.30 | 2.00 | 0.15 | 0.44 | 92 | 19 | -0.18 | -0.02 | 39.93 | 35.00 | 12/18/2026 | No | 18 | 47 | None | |
| KEY | Keycorp | Options Chain | 0.25 | 0.45 | 0.15 | 1.00 | 0.15 | 0.25 | 0 | 13 | -0.28 | -0.01 | 21.15 | 20.00 | 12/18/2026 | No | 10 | 58 | None | |
| ITUB | Itau Unibanco Holding S.A. | Options Chain | 0.15 | 0.25 | 0.15 | 1.00 | 0.15 | 0.42 | 30 | 0 | -0.29 | 0.00 | 7.67 | 7.00 | 12/18/2026 | Yes | 13 | 48 | None |