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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FCX | Freeport-McMoRan Inc | Options Chain | 1.70 | 2.70 | 0.62 | 1.00 | 0.62 | 0.50 | 5 | 0 | -0.28 | -0.04 | 61.65 | 59.00 | 6/26/2026 | No | 10 | 57 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.80 | 2.11 | 0.47 | 1.00 | 0.47 | 0.36 | 4 | 23 | -0.30 | -0.05 | 75.64 | 71.00 | 6/26/2026 | No | 13 | 73 | None | |
| ORCL | Oracle Corp | Options Chain | 9.05 | 11.80 | 1.03 | 2.50 | 0.41 | 0.68 | 1 | 18 | -0.30 | -0.19 | 195.95 | 177.50 | 6/26/2026 | Yes | 7 | 61 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 12.00 | 15.25 | 1.93 | 5.00 | 0.39 | 0.72 | 0 | 1 | -0.30 | -0.24 | 262.69 | 225.00 | 6/26/2026 | Yes | 15 | 59 | None | |
| GE | General Electric Company | Options Chain | 7.25 | 10.25 | 1.77 | 5.00 | 0.35 | 0.39 | 3 | 2 | -0.30 | -0.17 | 297.15 | 285.00 | 6/26/2026 | No | 9 | 60 | None | |
| NVO | Novo Nordisk | Options Chain | 1.29 | 1.65 | 0.35 | 1.00 | 0.35 | 0.39 | 1 | 18 | -0.29 | -0.03 | 45.85 | 44.00 | 6/26/2026 | No | 17 | 63 | None | |
| C | Citigroup Inc | Options Chain | 2.95 | 3.60 | 0.33 | 1.00 | 0.33 | 0.33 | 0 | 3 | -0.30 | -0.07 | 129.09 | 121.00 | 6/26/2026 | No | 14 | 77 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.80 | 13.40 | 1.62 | 5.00 | 0.32 | 0.45 | 14 | 41 | -0.29 | -0.25 | 411.68 | 375.00 | 6/26/2026 | No | 20 | 61 |
Dividend Stock List |
|
| GLW | Corning Inc | Options Chain | 11.00 | 14.00 | 0.80 | 2.50 | 0.32 | 0.79 | 1 | 0 | -0.30 | -0.21 | 186.94 | 185.00 | 6/26/2026 | No | 8 | 52 | None | |
| KO | Coca-Cola Company | Options Chain | 0.78 | 1.24 | 0.32 | 1.00 | 0.32 | 0.19 | 7 | 0 | -0.27 | -0.03 | 78.44 | 75.00 | 6/26/2026 | No | 9 | 63 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.15 | 1.66 | 0.32 | 1.00 | 0.32 | 0.35 | 3 | 3 | -0.30 | -0.03 | 52.90 | 52.00 | 6/26/2026 | No | 7 | 50 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 2.65 | 2.85 | 1.55 | 5.00 | 0.31 | 0.43 | 190 | 117 | -0.29 | -0.06 | 82.83 | 75.00 | 6/18/2026 | No | 10 | 54 | None | |
| MO | Altria Group Inc | Options Chain | 0.90 | 1.16 | 0.31 | 1.00 | 0.31 | 0.24 | 1 | 17 | -0.26 | -0.01 | 68.11 | 65.00 | 6/26/2026 | No | 12 | 67 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 9.00 | 9.80 | 3.00 | 10.00 | 0.30 | 0.47 | 6 | 6 | -0.30 | -0.23 | 294.75 | 280.00 | 6/18/2026 | No | 10 | 63 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.85 | 1.05 | 0.30 | 1.00 | 0.30 | 0.34 | 10 | 258 | -0.27 | -0.03 | 44.24 | 41.00 | 6/18/2026 | No | 15 | 74 | None | |
| EQNR | Equinor ASA | Options Chain | 0.85 | 1.00 | 0.28 | 1.00 | 0.28 | 0.42 | 0 | 9 | -0.27 | -0.02 | 36.63 | 35.00 | 6/18/2026 | No | 8 | 49 | None | |
| CEG | Constellation Energy Corporation | Options Chain | 9.00 | 11.60 | 1.40 | 5.00 | 0.28 | 0.50 | 2 | 5 | -0.30 | -0.20 | 307.36 | 275.00 | 6/26/2026 | Yes | 5 | 61 | None | |
| NTAP | Netapp Inc | Options Chain | 3.30 | 3.80 | 1.30 | 5.00 | 0.26 | 0.50 | 10 | 6 | -0.28 | -0.10 | 118.00 | 110.00 | 6/18/2026 | Yes | 14 | 69 | None | |
| SLB | SLB | Options Chain | 0.86 | 1.49 | 0.26 | 1.00 | 0.26 | 0.37 | 4 | 0 | -0.26 | -0.02 | 53.27 | 50.00 | 6/26/2026 | No | 6 | 57 | None | |
| BCS | Barclays plc | Options Chain | 0.60 | 0.65 | 0.25 | 1.00 | 0.25 | 0.40 | 2 | 1 | -0.28 | -0.02 | 23.40 | 22.00 | 6/18/2026 | No | 18 | 68 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.45 | 0.60 | 0.25 | 1.00 | 0.25 | 0.26 | 1 | 0 | -0.30 | -0.01 | 24.69 | 23.00 | 6/18/2026 | No | 18 | 70 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.60 | 0.25 | 1.00 | 0.25 | 0.39 | 1 | 0 | -0.30 | -0.01 | 19.72 | 19.00 | 6/18/2026 | Yes | 8 | 57 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 3.50 | 3.70 | 1.22 | 5.00 | 0.24 | 0.51 | 29 | 34 | -0.24 | -0.10 | 128.03 | 115.00 | 6/18/2026 | No | 9 | 58 | None | |
| IBM | International Business Machines Corp | Options Chain | 3.80 | 4.80 | 1.22 | 5.00 | 0.24 | 0.33 | 0 | 2 | -0.24 | -0.12 | 229.59 | 210.00 | 6/26/2026 | No | 14 | 72 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.75 | 1.90 | 0.60 | 2.50 | 0.24 | 0.36 | 2 | 26 | -0.28 | -0.05 | 84.72 | 82.50 | 6/18/2026 | No | 12 | 26 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.53 | 3.15 | 1.19 | 5.00 | 0.24 | 0.28 | 2 | 3 | -0.29 | -0.04 | 144.57 | 140.00 | 6/26/2026 | No | 9 | 64 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.55 | 1.80 | 1.10 | 5.00 | 0.22 | 0.43 | 6 | 3 | -0.30 | -0.04 | 57.29 | 55.00 | 6/18/2026 | Yes | 10 | 73 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.65 | 0.85 | 0.22 | 1.00 | 0.22 | 0.42 | 2 | 0 | -0.28 | -0.02 | 28.40 | 27.00 | 6/18/2026 | No | 10 | 56 | None | |
| PPL | PPL Corp | Options Chain | 0.40 | 0.60 | 0.22 | 1.00 | 0.22 | 0.19 | 10 | 0 | -0.30 | -0.01 | 36.02 | 35.00 | 6/18/2026 | Yes | 7 | 59 | None | |
| F | Ford Motor Company | Options Chain | 0.16 | 0.21 | 0.11 | 0.50 | 0.22 | 0.33 | 39 | 0 | -0.21 | 0.00 | 12.35 | 11.00 | 6/26/2026 | No | 8 | 50 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.20 | 5.05 | 1.03 | 5.00 | 0.21 | 0.26 | 1 | 4 | -0.25 | -0.13 | 302.16 | 285.00 | 6/26/2026 | No | 12 | 79 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.80 | 0.90 | 0.20 | 1.00 | 0.20 | 0.31 | 1 | 7 | -0.26 | -0.03 | 49.33 | 46.00 | 6/18/2026 | No | 10 | 68 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.55 | 0.70 | 0.20 | 1.00 | 0.20 | 0.37 | 0 | 10 | -0.27 | -0.01 | 27.59 | 26.00 | 6/18/2026 | No | 8 | 56 | None | |
| RF | Regions Financial Corp | Options Chain | 0.40 | 0.75 | 0.20 | 1.00 | 0.20 | 0.32 | 1 | 1 | -0.29 | -0.01 | 27.63 | 26.00 | 6/18/2026 | No | 16 | 70 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.58 | 3.20 | 0.98 | 5.00 | 0.20 | 0.21 | 7 | 2 | -0.24 | -0.07 | 275.75 | 260.00 | 6/26/2026 | No | 9 | 61 | None | |
| CLX | Clorox Company | Options Chain | 1.40 | 1.55 | 0.93 | 5.00 | 0.19 | 0.33 | 102 | 69 | -0.25 | -0.05 | 92.45 | 85.00 | 6/18/2026 | No | 14 | 56 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.70 | 2.05 | 0.45 | 2.50 | 0.18 | 0.36 | 66 | 11 | -0.25 | -0.06 | 105.00 | 100.00 | 6/18/2026 | No | 8 | 64 | None | |
| HST | Host Hotels & Resorts Inc | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.31 | 2 | 18 | -0.28 | -0.01 | 22.22 | 21.00 | 6/18/2026 | No | 11 | 52 | None | |
| ING | ING Groep N.V. | Options Chain | 0.40 | 0.50 | 0.17 | 1.00 | 0.17 | 0.35 | 3 | 0 | -0.22 | -0.02 | 30.12 | 28.00 | 6/18/2026 | No | 9 | 55 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.40 | 0.17 | 1.00 | 0.17 | 0.31 | 56 | 0 | -0.26 | -0.01 | 21.60 | 20.00 | 6/18/2026 | No | 14 | 68 | None | |
| TJX | TJX Companies Inc | Options Chain | 0.25 | 3.50 | 0.78 | 5.00 | 0.16 | 0.27 | 2 | 0 | -0.21 | -0.07 | 154.48 | 140.00 | 6/26/2026 | Yes | 13 | 61 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.25 | 0.30 | 0.15 | 1.00 | 0.15 | 0.32 | 14 | 1 | -0.28 | -0.01 | 16.18 | 15.00 | 6/18/2026 | No | 9 | 57 | None |