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.

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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 33.80 35.05 4.15 10.00 0.42 0.91 3 9 -0.30 -0.51 435.38 380.00 9/18/2026 Yes 14 57 None
AVGO Broadcom Inc Options Chain 14.10 16.10 2.05 5.00 0.41 0.61 29 0 -0.28 -0.34 381.47 350.00 9/4/2026 Yes 13 64 None
GLW Corning Inc Options Chain 8.90 9.50 1.82 5.00 0.36 0.84 88 137 -0.27 -0.15 145.08 125.00 9/18/2026 Yes 10 54 None
TEL TE Connectivity plc Options Chain 5.90 7.30 1.75 5.00 0.35 0.46 1 1 -0.27 -0.12 202.20 190.00 9/18/2026 No 10 60 None
MSFT Microsoft Corporation Options Chain 11.65 12.05 1.67 5.00 0.33 0.39 354 358 -0.30 -0.20 381.40 365.00 9/18/2026 Yes 15 72 None
COST Costco Wholesale Corp Options Chain 15.45 17.00 1.63 5.00 0.33 0.22 29 5 -0.30 -0.34 934.00 920.00 9/18/2026 No 16 60 None
AA Alcoa Corp Options Chain 1.62 1.96 0.65 2.00 0.33 0.56 6 28 -0.28 -0.03 44.35 40.00 9/18/2026 No 18 45 None
CRM Salesforce Inc Options Chain 6.90 7.10 1.62 5.00 0.32 0.51 635 234 -0.30 -0.11 163.14 160.00 9/18/2026 Yes 14 71 None
APH Amphenol Corp - Class A Options Chain 6.30 7.30 1.60 5.00 0.32 0.60 18 9 -0.28 -0.11 152.75 135.00 9/18/2026 Yes 8 58 None
ORCL Oracle Corp Options Chain 6.30 6.60 1.57 5.00 0.31 0.75 1076 591 -0.26 -0.11 114.85 105.00 9/18/2026 Yes 7 63 None
IBM International Business Machines Corp Options Chain 6.70 7.10 1.57 5.00 0.31 0.43 150 59 -0.29 -0.11 212.98 200.00 9/18/2026 No 13 74 None
TSM Taiwan Semiconductor Manufacturing Options Chain 14.90 16.00 3.12 10.00 0.31 0.49 415 1262 -0.30 -0.27 402.20 370.00 9/18/2026 No 23 65
Dividend Stock List
CTSH Cognizant Technology Solutions Corp - Class A Options Chain 1.65 2.30 0.78 2.50 0.31 0.58 23 301 -0.28 -0.03 44.88 42.50 9/18/2026 Yes 14 57 None
MDT Medtronic Plc Options Chain 1.80 2.25 0.77 2.50 0.31 0.31 31 61 -0.30 -0.04 83.50 80.00 9/18/2026 Yes 12 65 None
QCOM Qualcomm Inc Options Chain 7.15 7.75 1.52 5.00 0.30 0.64 375 46 -0.27 -0.13 167.22 150.00 9/18/2026 Yes 11 64 None
EPD Enterprise Products Partners L P Options Chain 0.63 0.84 0.30 1.00 0.30 0.21 101 0 -0.27 -0.01 38.96 37.00 9/18/2026 Yes 9 58 None
KGC Kinross Gold Corp Options Chain 0.79 1.10 0.29 1.00 0.29 0.52 609 2 -0.29 -0.02 24.07 22.00 9/18/2026 Yes 19 52 None
GPN Global Payments Inc Options Chain 3.10 3.50 0.72 2.50 0.29 0.49 11 0 -0.30 -0.05 80.92 77.50 9/18/2026 Yes 7 54 None
CVE Cenovus Energy Inc Options Chain 0.80 0.95 0.28 1.00 0.28 0.44 0 23 -0.28 -0.02 29.72 26.00 9/18/2026 Yes 13 65 None
NUE Nucor Corp Options Chain 6.40 8.10 2.80 10.00 0.28 0.40 3 23 -0.29 -0.14 248.25 230.00 9/18/2026 Yes 16 67 None
BHP BHP Group Ltd Options Chain 2.45 2.65 0.70 2.50 0.28 0.41 0 1 -0.29 -0.03 83.72 77.50 9/18/2026 Yes 9 57 None
V Visa Inc - Class A Options Chain 6.60 6.80 1.37 5.00 0.27 0.27 21 106 -0.28 -0.14 355.58 345.00 9/18/2026 Yes 11 69 None
CSCO Cisco Systems Inc Options Chain 3.75 3.95 1.34 5.00 0.27 0.48 123 85 -0.27 -0.07 113.91 105.00 9/18/2026 Yes 9 62 None
MMM 3M Company Options Chain 3.55 3.95 1.30 5.00 0.26 0.27 32 14 -0.30 -0.06 172.62 170.00 9/18/2026 No 9 62 None
CINF Cincinnati Financial Corp Options Chain 2.85 4.20 1.28 5.00 0.26 0.28 2 0 -0.28 -0.08 182.81 175.00 9/18/2026 Yes 14 57 None
DVN Devon Energy Corp Options Chain 1.24 1.30 0.63 2.50 0.25 0.41 115 6 -0.28 -0.02 45.16 40.00 9/18/2026 Yes 7 51 None
XOM Exxon Mobil Corp Options Chain 3.20 3.40 1.25 5.00 0.25 0.31 1348 777 -0.27 -0.05 156.88 145.00 9/18/2026 Yes 9 64 None
HAL Halliburton Company Options Chain 0.87 1.03 0.25 1.00 0.25 0.39 1472 84 -0.28 -0.01 33.26 30.00 9/18/2026 No 10 48 None
RF Regions Financial Corp Options Chain 0.55 0.80 0.25 1.00 0.25 0.30 1 0 -0.29 -0.01 30.84 29.00 9/18/2026 No 17 70 None
NVO Novo Nordisk Options Chain 1.33 1.39 0.61 2.50 0.24 0.44 51 49 -0.25 -0.02 48.99 45.00 9/18/2026 Yes 13 51 None
AZN Astrazeneca plc Options Chain 2.90 3.70 1.20 5.00 0.24 0.29 0 3 -0.28 -0.06 168.01 160.00 9/18/2026 Yes 10 62 None
CLX Clorox Company Options Chain 2.25 2.70 1.18 5.00 0.24 0.36 64 83 -0.28 -0.04 95.60 90.00 9/18/2026 Yes 14 54 None
NEE NextEra Energy Inc Options Chain 1.46 1.73 0.59 2.50 0.24 0.24 97 806 -0.30 -0.03 89.37 85.00 9/18/2026 Yes 11 72 None
CHRW C.H. Robinson Worldwide Inc Options Chain 3.80 5.40 1.17 5.00 0.23 0.41 2 1 -0.26 -0.09 186.50 160.00 9/18/2026 Yes 12 58 None
JPM JPMorgan Chase & Company Options Chain 5.45 5.80 1.15 5.00 0.23 0.24 87 673 -0.27 -0.13 353.21 340.00 9/18/2026 No 13 80 None
UNH Unitedhealth Group Inc Options Chain 7.70 8.35 2.28 10.00 0.23 0.30 387 105 -0.27 -0.16 420.30 390.00 9/18/2026 No 12 63 None
C Citigroup Inc Options Chain 2.97 3.15 1.14 5.00 0.23 0.32 127 319 -0.29 -0.05 132.06 125.00 9/18/2026 No 17 78 None
DAL Delta Air Lines Inc Options Chain 2.22 2.58 0.57 2.50 0.23 0.41 594 15 -0.26 -0.05 85.14 80.00 9/18/2026 No 14 67 None
LVS Las Vegas Sands Corp Options Chain 1.20 1.39 0.57 2.50 0.23 0.35 164 305 -0.30 -0.02 46.08 45.00 9/18/2026 No 9 46 None
GM General Motors Company Options Chain 1.81 1.99 0.56 2.50 0.22 0.37 1739 64 -0.25 -0.04 82.10 80.00 9/18/2026 No 10 63 None
WFC Wells Fargo & Company Options Chain 1.59 1.69 0.56 2.50 0.22 0.27 59 238 -0.28 -0.03 86.69 82.50 9/18/2026 No 14 74 None
BRO Brown & Brown Inc Options Chain 0.55 2.80 1.08 5.00 0.22 0.51 1 0 -0.19 -0.03 67.66 60.00 9/18/2026 Yes 10 66 None
MCD McDonald`s Corp Options Chain 3.85 4.40 1.08 5.00 0.22 0.26 105 35 -0.26 -0.08 264.75 255.00 9/18/2026 Yes 9 60 None
WMT Walmart Inc Options Chain 2.04 2.10 1.07 5.00 0.21 0.29 258 330 -0.26 -0.05 109.47 105.00 9/18/2026 Yes 10 55 None
FCX Freeport-McMoRan Inc Options Chain 1.80 1.90 1.04 5.00 0.21 0.54 228 2342 -0.22 -0.04 62.58 55.00 9/18/2026 No 10 58 None
ZTS Zoetis Inc - Class A Options Chain 2.00 2.20 1.02 5.00 0.20 0.43 577 970 -0.26 -0.04 75.35 70.00 9/18/2026 Yes 15 65 None
KO Coca-Cola Company Options Chain 1.15 1.27 0.50 2.50 0.20 0.23 428 314 -0.27 -0.03 82.25 80.00 9/18/2026 Yes 9 63 None
VZ Verizon Communications Inc Options Chain 0.67 0.74 0.20 1.00 0.20 0.24 752 112 -0.24 -0.02 46.28 45.00 9/18/2026 Yes 12 73 None
VTRS Viatris Inc Options Chain 0.35 0.55 0.20 1.00 0.20 0.42 0 1 -0.25 -0.01 17.28 16.00 9/18/2026 Yes 6 50 None
KMI Kinder Morgan Inc - Class P Options Chain 0.45 0.55 0.20 1.00 0.20 0.25 118 6 -0.26 -0.01 33.15 30.00 9/18/2026 No 10 59 None
CMCSA Comcast Corp - Class A Options Chain 0.40 0.44 0.19 1.00 0.19 0.34 205 67 -0.22 -0.01 22.36 21.00 9/18/2026 No 16 68 None
BMY Bristol-Myers Squibb Company Options Chain 0.87 0.96 0.47 2.50 0.19 0.31 243 256 -0.21 -0.03 61.80 57.50 9/18/2026 Yes 11 53 None
JNJ Johnson & Johnson Options Chain 3.80 4.10 1.83 10.00 0.18 0.26 131 156 -0.25 -0.08 263.25 250.00 9/18/2026 No 11 72 None
TGT Target Corp Options Chain 2.59 2.76 0.91 5.00 0.18 0.38 6 46 -0.23 -0.05 136.91 125.00 9/18/2026 Yes 9 62 None
FAST Fastenal Company Options Chain 0.75 1.15 0.45 2.50 0.18 0.28 1 1 -0.29 -0.02 47.11 45.00 9/18/2026 No 12 52 None
PR Permian Resources Corp - Class A Options Chain 0.35 0.50 0.18 1.00 0.18 0.43 1 0 -0.21 -0.01 21.30 18.00 9/18/2026 Yes 7 53 None
ERIC Telefonaktiebolaget L M Ericsson Options Chain 0.15 0.30 0.18 1.00 0.18 0.36 10 0 -0.24 0.00 9.28 9.00 9/18/2026 No 15 51 None
NKE Nike Inc - Class B Options Chain 0.72 0.81 0.43 2.50 0.17 0.38 317 80 -0.21 -0.01 41.64 37.50 9/18/2026 No 15 59 None
PCG PG&E Corp Options Chain 0.36 0.51 0.17 1.00 0.17 0.43 249 7 -0.24 -0.01 17.85 16.00 9/18/2026 No 9 52 None
PPL PPL Corp Options Chain 0.35 0.65 0.17 1.00 0.17 0.24 1 0 -0.25 -0.01 36.25 34.00 9/18/2026 Yes 9 67 None
EXC Exelon Corp Options Chain 0.60 1.00 0.17 1.00 0.17 0.24 10 0 -0.30 -0.02 47.52 45.00 9/18/2026 Yes 8 57 None
TRV Travelers Companies Inc Options Chain 5.30 6.10 1.70 10.00 0.17 0.24 13 5 -0.26 -0.13 387.26 370.00 9/18/2026 No 12 65 None
USB U.S. Bancorp. Options Chain 0.85 0.97 0.42 2.50 0.17 0.25 10 2 -0.24 -0.02 63.97 60.00 9/18/2026 No 12 65 None
PG Procter & Gamble Company Options Chain 1.93 2.13 0.83 5.00 0.17 0.26 125 65 -0.23 -0.06 147.29 140.00 9/18/2026 Yes 12 72 None
OVV Ovintiv Inc Options Chain 1.05 1.35 0.75 5.00 0.15 0.38 3 300 -0.22 -0.03 63.90 55.00 9/18/2026 No 11 71 None
F Ford Motor Company Options Chain 0.28 0.30 0.15 1.00 0.15 0.41 253 1105 -0.23 -0.01 14.35 13.00 9/18/2026 Yes 9 47 None
HBAN Huntington Bancshares Inc Options Chain 0.25 0.35 0.15 1.00 0.15 0.32 1 2 -0.25 -0.01 17.36 16.00 9/18/2026 No 10 66 None
KEY Keycorp Options Chain 0.30 0.40 0.15 1.00 0.15 0.27 0 4 -0.25 -0.01 22.57 21.00 9/18/2026 No 15 68 None
T AT&T Inc Options Chain 0.35 0.39 0.15 1.00 0.15 0.26 1020 596 -0.26 -0.01 24.05 23.00 9/18/2026 No 14 68 None
ALLY Ally Financial Inc Options Chain 0.80 1.00 0.15 1.00 0.15 0.31 5 40 -0.28 -0.02 43.07 41.00 9/18/2026 No 10 62 None