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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| QCOM | Qualcomm Inc | Options Chain | 7.30 | 7.75 | 1.70 | 5.00 | 0.34 | 0.53 | 40 | 872 | -0.29 | -0.14 | 187.48 | 170.00 | 11/20/2026 | Yes | 10 | 63 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.55 | 1.90 | 0.33 | 1.00 | 0.33 | 0.51 | 0 | 21 | -0.28 | -0.03 | 45.77 | 42.00 | 11/20/2026 | Yes | 17 | 64 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.90 | 1.15 | 0.33 | 1.00 | 0.33 | 0.29 | 4 | 0 | -0.28 | -0.02 | 51.57 | 48.00 | 11/20/2026 | Yes | 10 | 73 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.47 | 2.57 | 0.82 | 2.50 | 0.33 | 0.48 | 313 | 4 | -0.29 | -0.04 | 71.96 | 65.00 | 11/20/2026 | Yes | 10 | 58 | None | |
| ORCL | Oracle Corp | Options Chain | 5.05 | 5.20 | 1.53 | 5.00 | 0.31 | 0.53 | 547 | 2065 | -0.28 | -0.09 | 132.60 | 125.00 | 11/20/2026 | No | 8 | 62 | None | |
| GLW | Corning Inc | Options Chain | 6.10 | 6.45 | 1.50 | 5.00 | 0.30 | 0.61 | 25 | 44 | -0.26 | -0.12 | 151.59 | 140.00 | 11/20/2026 | Yes | 10 | 54 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.75 | 3.00 | 0.75 | 2.50 | 0.30 | 0.47 | 24 | 61 | -0.27 | -0.05 | 84.62 | 77.50 | 11/20/2026 | Yes | 9 | 55 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.90 | 1.05 | 0.30 | 1.00 | 0.30 | 0.42 | 0 | 10 | -0.28 | -0.02 | 31.10 | 29.00 | 11/20/2026 | Yes | 14 | 68 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.90 | 2.25 | 0.73 | 2.50 | 0.29 | 0.35 | 2 | 9 | -0.30 | -0.04 | 80.38 | 75.00 | 11/20/2026 | Yes | 14 | 45 | None | |
| VST | Vistra Corp | Options Chain | 4.55 | 4.85 | 1.45 | 5.00 | 0.29 | 0.46 | 195 | 102 | -0.29 | -0.09 | 138.95 | 130.00 | 11/20/2026 | Yes | 7 | 61 | None | |
| HPQ | HP Inc | Options Chain | 0.93 | 1.00 | 0.29 | 1.00 | 0.29 | 0.48 | 4 | 52 | -0.25 | -0.02 | 31.32 | 28.00 | 11/20/2026 | No | 10 | 46 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.44 | 2.63 | 0.72 | 2.50 | 0.29 | 0.43 | 45 | 43 | -0.28 | -0.05 | 84.03 | 77.50 | 11/20/2026 | Yes | 10 | 58 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 10.15 | 10.45 | 2.85 | 10.00 | 0.29 | 0.37 | 74 | 45 | -0.28 | -0.20 | 377.83 | 350.00 | 11/20/2026 | Yes | 13 | 65 | None | |
| RF | Regions Financial Corp | Options Chain | 0.55 | 0.60 | 0.28 | 1.00 | 0.28 | 0.34 | 2857 | 0 | -0.24 | -0.01 | 27.26 | 25.00 | 11/20/2026 | Yes | 14 | 59 | None | |
| CDW | CDW Corp | Options Chain | 4.40 | 5.40 | 1.40 | 5.00 | 0.28 | 0.50 | 1 | 1 | -0.29 | -0.11 | 130.33 | 120.00 | 11/20/2026 | Yes | 14 | 60 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.61 | 2.77 | 1.37 | 5.00 | 0.27 | 0.62 | 119 | 293 | -0.27 | -0.05 | 62.63 | 55.00 | 11/20/2026 | No | 12 | 59 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.55 | 10.75 | 2.72 | 10.00 | 0.27 | 0.35 | 257 | 147 | -0.28 | -0.23 | 452.88 | 430.00 | 11/20/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| BWXT | BWX Technologies Inc | Options Chain | 4.00 | 5.00 | 1.35 | 5.00 | 0.27 | 0.48 | 4 | 4 | -0.27 | -0.09 | 134.35 | 125.00 | 11/20/2026 | Yes | 10 | 56 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 4.20 | 4.60 | 1.35 | 5.00 | 0.27 | 0.35 | 1 | 7 | -0.29 | -0.09 | 166.45 | 155.00 | 11/20/2026 | Yes | 12 | 75 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.05 | 2.20 | 0.65 | 2.50 | 0.26 | 0.34 | 16 | 4 | -0.29 | -0.04 | 84.58 | 80.00 | 11/20/2026 | Yes | 11 | 25 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.61 | 0.63 | 0.26 | 1.00 | 0.26 | 0.38 | 114 | 31 | -0.29 | -0.01 | 21.79 | 20.00 | 11/20/2026 | Yes | 11 | 62 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.50 | 0.68 | 0.26 | 1.00 | 0.26 | 0.20 | 18 | 11 | -0.30 | -0.01 | 36.65 | 35.00 | 11/20/2026 | Yes | 12 | 67 | None | |
| MDT | Medtronic Plc | Options Chain | 1.64 | 1.83 | 0.64 | 2.50 | 0.26 | 0.29 | 873 | 60 | -0.26 | -0.04 | 89.50 | 82.50 | 11/20/2026 | Yes | 12 | 64 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.55 | 3.75 | 1.25 | 5.00 | 0.25 | 0.23 | 115 | 285 | -0.27 | -0.09 | 233.60 | 225.00 | 11/20/2026 | Yes | 9 | 52 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.70 | 7.10 | 1.25 | 5.00 | 0.25 | 0.27 | 90 | 49 | -0.30 | -0.12 | 336.59 | 320.00 | 11/20/2026 | Yes | 12 | 80 | None | |
| EXC | Exelon Corp | Options Chain | 0.45 | 0.60 | 0.25 | 1.00 | 0.25 | 0.24 | 11 | 0 | -0.24 | -0.01 | 40.32 | 38.00 | 11/20/2026 | Yes | 8 | 55 | None | |
| EQNR | Equinor ASA | Options Chain | 1.00 | 1.10 | 0.25 | 1.00 | 0.25 | 0.42 | 14 | 0 | -0.26 | -0.02 | 42.27 | 38.00 | 11/20/2026 | Yes | 12 | 59 | None | |
| ING | ING Groep N.V. | Options Chain | 0.75 | 0.85 | 0.25 | 1.00 | 0.25 | 0.31 | 3 | 6 | -0.28 | -0.02 | 36.38 | 34.00 | 11/20/2026 | Yes | 7 | 54 | None | |
| AZN | Astrazeneca plc | Options Chain | 3.10 | 3.40 | 1.20 | 5.00 | 0.24 | 0.31 | 0 | 7 | -0.27 | -0.07 | 166.15 | 155.00 | 11/20/2026 | Yes | 11 | 61 | None | |
| PCAR | Paccar Inc | Options Chain | 2.25 | 2.60 | 1.18 | 5.00 | 0.24 | 0.32 | 5 | 11 | -0.28 | -0.05 | 111.65 | 105.00 | 11/20/2026 | Yes | 12 | 68 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.94 | 3.05 | 1.16 | 5.00 | 0.23 | 0.31 | 193 | 50 | -0.25 | -0.06 | 162.52 | 150.00 | 11/20/2026 | Yes | 11 | 66 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.01 | 1.07 | 0.58 | 2.50 | 0.23 | 0.46 | 107 | 183 | -0.25 | -0.02 | 36.39 | 32.50 | 11/20/2026 | Yes | 11 | 53 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.75 | 0.90 | 0.23 | 1.00 | 0.23 | 0.34 | 8 | 0 | -0.27 | -0.01 | 38.19 | 35.00 | 11/20/2026 | Yes | 15 | 79 | None | |
| QSR | Restaurant Brands International Inc | Options Chain | 1.10 | 1.40 | 0.57 | 2.50 | 0.23 | 0.28 | 4 | 1 | -0.26 | -0.03 | 71.43 | 67.50 | 11/20/2026 | Yes | 8 | 62 | None | |
| EIX | Edison International | Options Chain | 1.10 | 1.20 | 0.55 | 2.50 | 0.22 | 0.38 | 4 | 5 | -0.22 | -0.01 | 51.47 | 47.50 | 11/20/2026 | Yes | 10 | 56 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.40 | 1.55 | 0.55 | 2.50 | 0.22 | 0.45 | 4 | 28 | -0.24 | -0.03 | 58.27 | 52.50 | 11/20/2026 | Yes | 9 | 55 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.86 | 1.95 | 0.55 | 2.50 | 0.22 | 0.31 | 4 | 61 | -0.27 | -0.04 | 98.30 | 92.50 | 11/20/2026 | Yes | 17 | 71 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.09 | 1.12 | 0.55 | 2.50 | 0.22 | 0.28 | 1422 | 333 | -0.28 | -0.02 | 55.47 | 52.50 | 11/20/2026 | Yes | 14 | 74 | None | |
| USB | U.S. Bancorp. | Options Chain | 1.13 | 1.29 | 0.55 | 2.50 | 0.22 | 0.28 | 12 | 5 | -0.29 | -0.02 | 58.78 | 55.00 | 11/20/2026 | Yes | 12 | 65 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.65 | 0.73 | 0.22 | 1.00 | 0.22 | 0.26 | 20 | 363 | -0.23 | -0.01 | 46.68 | 43.00 | 11/20/2026 | Yes | 10 | 73 | None | |
| T | AT&T Inc | Options Chain | 0.48 | 0.50 | 0.22 | 1.00 | 0.22 | 0.30 | 31 | 6 | -0.26 | -0.01 | 24.90 | 23.00 | 11/20/2026 | Yes | 15 | 67 | None | |
| PCG | PG&E Corp | Options Chain | 0.38 | 0.41 | 0.22 | 1.00 | 0.22 | 0.47 | 4608 | 13 | -0.28 | -0.01 | 11.95 | 11.00 | 11/20/2026 | Yes | 13 | 60 | None | |
| APA | APA Corporation | Options Chain | 1.13 | 1.23 | 0.54 | 2.50 | 0.22 | 0.48 | 25 | 1 | -0.24 | -0.02 | 42.33 | 37.50 | 11/20/2026 | Yes | 14 | 70 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.46 | 1.55 | 0.54 | 2.50 | 0.22 | 0.32 | 312 | 103 | -0.25 | -0.03 | 80.81 | 75.00 | 11/20/2026 | Yes | 12 | 65 | None | |
| BG | Bunge Global SA | Options Chain | 2.30 | 3.10 | 1.05 | 5.00 | 0.21 | 0.39 | 1 | 0 | -0.27 | -0.06 | 109.06 | 100.00 | 11/20/2026 | Yes | 12 | 71 | None | |
| CFG | Citizens Financial Group Inc | Options Chain | 1.30 | 1.60 | 0.52 | 2.50 | 0.21 | 0.32 | 5 | 1 | -0.29 | -0.03 | 64.80 | 60.00 | 11/20/2026 | Yes | 15 | 77 | None | |
| WMT | Walmart Inc | Options Chain | 1.87 | 1.94 | 1.00 | 5.00 | 0.20 | 0.30 | 424 | 269 | -0.26 | -0.05 | 108.73 | 100.00 | 11/20/2026 | No | 8 | 55 | None | |
| LUV | Southwest Airlines Company | Options Chain | 0.93 | 1.10 | 0.50 | 2.50 | 0.20 | 0.45 | 26 | 1 | -0.24 | -0.03 | 42.28 | 37.50 | 11/20/2026 | Yes | 10 | 54 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.45 | 0.20 | 1.00 | 0.20 | 0.29 | 4 | 12 | -0.26 | -0.01 | 20.40 | 19.00 | 11/20/2026 | Yes | 10 | 59 | None | |
| ALL | Allstate Corp (The) | Options Chain | 3.80 | 4.30 | 1.92 | 10.00 | 0.19 | 0.31 | 2 | 3 | -0.24 | -0.10 | 227.55 | 210.00 | 11/20/2026 | Yes | 14 | 66 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.92 | 0.99 | 0.48 | 2.50 | 0.19 | 0.39 | 21 | 1 | -0.23 | -0.02 | 46.73 | 42.50 | 11/20/2026 | Yes | 13 | 66 | None | |
| ROL | Rollins Inc | Options Chain | 0.70 | 0.75 | 0.48 | 2.50 | 0.19 | 0.40 | 43 | 0 | -0.23 | -0.01 | 30.35 | 27.50 | 11/20/2026 | Yes | 10 | 53 | None | |
| MKC | McCormick & Co. Inc (Non Voting) | Options Chain | 1.30 | 1.35 | 0.95 | 5.00 | 0.19 | 0.36 | 33 | 1 | -0.29 | -0.02 | 48.46 | 45.00 | 11/20/2026 | Yes | 10 | 64 | None | |
| EQT | EQT Corp | Options Chain | 0.78 | 0.80 | 0.47 | 2.50 | 0.19 | 0.32 | 90 | 40 | -0.22 | -0.02 | 49.87 | 45.00 | 11/20/2026 | Yes | 11 | 59 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.99 | 2.10 | 0.91 | 5.00 | 0.18 | 0.41 | 150 | 9 | -0.21 | -0.05 | 106.74 | 95.00 | 11/20/2026 | Yes | 11 | 67 | None | |
| NVO | Novo Nordisk | Options Chain | 0.76 | 0.78 | 0.45 | 2.50 | 0.18 | 0.37 | 188 | 5 | -0.24 | -0.02 | 38.71 | 35.00 | 11/20/2026 | Yes | 11 | 50 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.88 | 0.96 | 0.44 | 2.50 | 0.18 | 0.36 | 21 | 3 | -0.21 | -0.03 | 56.10 | 50.00 | 11/20/2026 | Yes | 10 | 55 | None | |
| SLB | SLB | Options Chain | 0.84 | 0.92 | 0.43 | 2.50 | 0.17 | 0.38 | 78 | 15 | -0.20 | -0.02 | 51.49 | 45.00 | 11/20/2026 | Yes | 7 | 57 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.75 | 0.80 | 0.43 | 2.50 | 0.17 | 0.33 | 2523 | 14 | -0.22 | -0.01 | 47.09 | 42.50 | 11/20/2026 | Yes | 11 | 69 | None | |
| KO | Coca-Cola Company | Options Chain | 0.95 | 1.01 | 0.43 | 2.50 | 0.17 | 0.22 | 233 | 147 | -0.24 | -0.03 | 87.18 | 82.50 | 11/20/2026 | Yes | 11 | 67 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.50 | 0.17 | 1.00 | 0.17 | 0.43 | 97 | 0 | -0.21 | -0.01 | 21.30 | 19.00 | 11/20/2026 | Yes | 10 | 60 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.88 | 1.01 | 0.42 | 2.50 | 0.17 | 0.33 | 44 | 83 | -0.19 | -0.02 | 63.88 | 57.50 | 11/20/2026 | Yes | 16 | 70 | None | |
| DOW | Dow Inc | Options Chain | 0.60 | 0.65 | 0.42 | 2.50 | 0.17 | 0.42 | 4 | 4 | -0.23 | -0.02 | 27.89 | 25.00 | 11/20/2026 | Yes | 8 | 54 | None | |
| C | Citigroup Inc | Options Chain | 2.08 | 2.17 | 0.82 | 5.00 | 0.16 | 0.33 | 108 | 16 | -0.22 | -0.05 | 131.31 | 120.00 | 11/20/2026 | Yes | 17 | 78 | None | |
| CM | Canadian Imperial Bank Of Commerce | Options Chain | 1.25 | 1.60 | 0.80 | 5.00 | 0.16 | 0.25 | 48 | 0 | -0.24 | -0.04 | 112.15 | 105.00 | 11/20/2026 | No | 14 | 66 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.40 | 0.44 | 0.16 | 1.00 | 0.16 | 0.28 | 60 | 0 | -0.22 | -0.01 | 30.63 | 28.00 | 11/20/2026 | Yes | 9 | 59 | None | |
| F | Ford Motor Company | Options Chain | 0.24 | 0.25 | 0.16 | 1.00 | 0.16 | 0.39 | 111 | 8 | -0.22 | 0.00 | 12.38 | 11.00 | 11/20/2026 | Yes | 9 | 51 | None | |
| ITUB | Itau Unibanco Holding S.A. | Options Chain | 0.15 | 0.20 | 0.15 | 1.00 | 0.15 | 0.48 | 1 | 0 | -0.23 | 0.00 | 7.99 | 7.00 | 11/20/2026 | Yes | 13 | 48 | None | |
| EC | Ecopetrol SA | Options Chain | 0.35 | 0.45 | 0.15 | 1.00 | 0.15 | 0.44 | 0 | 1 | -0.26 | -0.01 | 16.70 | 15.00 | 11/20/2026 | Yes | 15 | 55 | None |