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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| T | AT&T Inc | Options Chain | 0.08 | 0.72 | 0.20 | 0.50 | 0.40 | 0.31 | 0 | 2 | -0.28 | -0.02 | 21.75 | 20.00 | 12/24/2026 | No | 9 | 60 | None | |
| WMT | Walmart Inc | Options Chain | 2.31 | 2.90 | 0.34 | 1.00 | 0.34 | 0.35 | 1 | 1 | -0.29 | -0.05 | 127.72 | 118.00 | 12/24/2026 | Yes | 8 | 57 | None | |
| ORCL | Oracle Corp | Options Chain | 6.50 | 7.05 | 1.68 | 5.00 | 0.34 | 0.73 | 2 | 1 | -0.27 | -0.12 | 116.05 | 105.00 | 12/24/2026 | Yes | 9 | 65 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.65 | 0.95 | 0.32 | 1.00 | 0.32 | 0.26 | 1 | 0 | -0.26 | -0.02 | 43.99 | 41.00 | 12/18/2026 | Yes | 16 | 69 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.66 | 1.15 | 0.30 | 1.00 | 0.30 | 0.27 | 6 | 6 | -0.28 | -0.02 | 46.03 | 44.00 | 12/24/2026 | No | 7 | 64 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.85 | 15.00 | 1.28 | 5.00 | 0.26 | 0.46 | 9 | 1 | -0.28 | -0.24 | 360.50 | 350.00 | 12/24/2026 | No | 23 | 68 |
Dividend Stock List |
|
| NKE | Nike Inc - Class B | Options Chain | 0.95 | 1.14 | 0.24 | 1.00 | 0.24 | 0.48 | 20 | 1 | -0.26 | -0.02 | 39.18 | 35.00 | 12/24/2026 | Yes | 12 | 58 | None | |
| BCS | Barclays plc | Options Chain | 0.45 | 0.50 | 0.23 | 1.00 | 0.23 | 0.37 | 0 | 1 | -0.25 | -0.01 | 22.87 | 21.00 | 12/18/2026 | No | 19 | 67 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.55 | 1.85 | 0.57 | 2.50 | 0.23 | 0.36 | 1 | 0 | -0.28 | -0.05 | 79.01 | 75.00 | 12/18/2026 | Yes | 9 | 59 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.70 | 4.10 | 1.10 | 5.00 | 0.22 | 0.34 | 2 | 2 | -0.27 | -0.06 | 165.56 | 155.00 | 12/24/2026 | No | 11 | 64 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 1.85 | 2.05 | 0.55 | 2.50 | 0.22 | 0.51 | 24 | 77 | -0.25 | -0.05 | 72.90 | 67.50 | 12/18/2026 | No | 8 | 55 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.15 | 1.40 | 0.63 | 3.00 | 0.21 | 0.41 | 6 | 0 | -0.30 | -0.03 | 46.20 | 45.00 | 12/18/2026 | No | 12 | 66 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.30 | 6.05 | 1.03 | 5.00 | 0.21 | 0.54 | 0 | 2 | -0.26 | -0.11 | 156.75 | 145.00 | 12/24/2026 | Yes | 10 | 63 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.45 | 0.60 | 0.20 | 1.00 | 0.20 | 0.40 | 10 | 0 | -0.28 | -0.01 | 21.34 | 20.00 | 12/18/2026 | Yes | 13 | 68 | None | |
| KEY | Keycorp | Options Chain | 0.35 | 0.65 | 0.20 | 1.00 | 0.20 | 0.29 | 36 | 0 | -0.30 | -0.01 | 20.96 | 20.00 | 12/18/2026 | No | 10 | 58 | None | |
| GIS | General Mills Inc | Options Chain | 0.60 | 0.75 | 0.43 | 2.50 | 0.17 | 0.38 | 20 | 1 | -0.18 | -0.02 | 35.66 | 32.50 | 12/18/2026 | Yes | 5 | 52 | None | |
| EXC | Exelon Corp | Options Chain | 0.25 | 0.90 | 0.15 | 1.00 | 0.15 | 0.21 | 1 | 1 | -0.22 | -0.01 | 46.53 | 44.00 | 12/18/2026 | No | 8 | 59 | None |