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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FRO | Frontline Plc | Options Chain | 1.40 | 2.65 | 0.70 | 1.00 | 0.70 | 0.45 | 1 | 14 | -0.25 | -0.01 | 46.80 | 44.00 | 10/16/2026 | No | 7 | 56 | None | |
| ORCL | Oracle Corp | Options Chain | 7.55 | 8.70 | 0.55 | 1.00 | 0.55 | 0.66 | 0 | 16 | -0.30 | -0.15 | 161.63 | 148.00 | 10/23/2026 | Yes | 11 | 67 | None | |
| PCG | PG&E Corp | Options Chain | 0.23 | 0.77 | 0.27 | 0.50 | 0.54 | 0.56 | 1 | 1 | -0.27 | -0.01 | 14.83 | 13.00 | 10/23/2026 | Yes | 9 | 41 | None | |
| COST | Costco Wholesale Corp | Options Chain | 13.80 | 17.30 | 2.07 | 5.00 | 0.41 | 0.25 | 22 | 22 | -0.29 | -0.36 | 910.18 | 870.00 | 10/23/2026 | Yes | 14 | 59 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.20 | 1.55 | 0.39 | 1.00 | 0.39 | 0.34 | 1 | 2 | -0.29 | -0.03 | 61.30 | 58.00 | 10/23/2026 | No | 10 | 62 | None | |
| CRM | Salesforce Inc | Options Chain | 6.55 | 8.00 | 1.85 | 5.00 | 0.37 | 0.41 | 37 | 21 | -0.30 | -0.15 | 249.12 | 230.00 | 10/23/2026 | No | 15 | 70 | None | |
| GLW | Corning Inc | Options Chain | 6.25 | 9.00 | 1.83 | 5.00 | 0.37 | 0.61 | 1 | 16 | -0.30 | -0.15 | 164.89 | 155.00 | 10/23/2026 | No | 9 | 52 | None | |
| KO | Coca-Cola Company | Options Chain | 1.03 | 1.36 | 0.35 | 1.00 | 0.35 | 0.21 | 12 | 3 | -0.28 | -0.02 | 88.40 | 84.00 | 10/23/2026 | Yes | 11 | 67 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.41 | 1.43 | 0.34 | 1.00 | 0.34 | 0.27 | 5 | 25 | -0.26 | -0.01 | 49.74 | 47.00 | 10/23/2026 | Yes | 10 | 73 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.56 | 1.88 | 0.34 | 1.00 | 0.34 | 0.31 | 8 | 7 | -0.28 | -0.04 | 89.67 | 85.00 | 10/23/2026 | Yes | 15 | 74 | None | |
| T | AT&T Inc | Options Chain | 0.18 | 0.74 | 0.17 | 0.50 | 0.34 | 0.32 | 0 | 18 | -0.26 | -0.01 | 25.15 | 23.50 | 10/23/2026 | Yes | 15 | 67 | None | |
| VST | Vistra Corp | Options Chain | 4.20 | 4.60 | 1.66 | 5.00 | 0.33 | 0.45 | 13 | 674 | -0.28 | -0.09 | 152.16 | 140.00 | 10/23/2026 | No | 7 | 61 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.07 | 1.18 | 0.33 | 1.00 | 0.33 | 0.44 | 123 | 230 | -0.29 | -0.03 | 38.04 | 35.00 | 10/23/2026 | Yes | 13 | 59 | None | |
| C | Citigroup Inc | Options Chain | 2.67 | 3.10 | 0.32 | 1.00 | 0.32 | 0.32 | 0 | 13 | -0.29 | -0.07 | 136.74 | 131.00 | 10/23/2026 | Yes | 14 | 69 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.90 | 6.70 | 1.52 | 5.00 | 0.30 | 0.26 | 4 | 215 | -0.30 | -0.13 | 353.80 | 340.00 | 10/23/2026 | Yes | 12 | 80 | None | |
| IBM | International Business Machines Corp | Options Chain | 7.00 | 8.60 | 1.50 | 5.00 | 0.30 | 0.45 | 2 | 7 | -0.30 | -0.17 | 231.99 | 225.00 | 10/23/2026 | No | 13 | 73 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.15 | 3.65 | 0.75 | 2.50 | 0.30 | 0.30 | 69 | 5 | -0.26 | -0.08 | 164.23 | 155.00 | 10/23/2026 | No | 11 | 66 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.95 | 1.25 | 0.30 | 1.00 | 0.30 | 0.34 | 2 | 2 | -0.29 | -0.02 | 48.40 | 46.00 | 10/23/2026 | No | 13 | 66 | None | |
| WMT | Walmart Inc | Options Chain | 1.37 | 2.04 | 0.29 | 1.00 | 0.29 | 0.24 | 4 | 15 | -0.29 | -0.04 | 106.05 | 102.00 | 10/23/2026 | No | 9 | 59 | None | |
| GM | General Motors Company | Options Chain | 1.67 | 3.00 | 0.29 | 1.00 | 0.29 | 0.39 | 404 | 0 | -0.30 | -0.06 | 85.97 | 80.00 | 10/23/2026 | Yes | 10 | 63 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.02 | 2.61 | 0.28 | 1.00 | 0.28 | 0.31 | 0 | 1 | -0.30 | -0.05 | 109.17 | 104.00 | 10/23/2026 | No | 11 | 67 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.20 | 8.95 | 1.40 | 5.00 | 0.28 | 0.27 | 16 | 27 | -0.28 | -0.23 | 491.65 | 470.00 | 10/23/2026 | No | 14 | 72 | None | |
| CVX | Chevron Corp | Options Chain | 3.70 | 4.05 | 1.39 | 5.00 | 0.28 | 0.27 | 43 | 38 | -0.29 | -0.09 | 209.80 | 205.00 | 10/23/2026 | No | 13 | 77 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.45 | 11.15 | 1.30 | 5.00 | 0.26 | 0.36 | 12 | 15 | -0.29 | -0.24 | 435.36 | 410.00 | 10/23/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| TGT | Target Corp | Options Chain | 2.67 | 3.35 | 0.26 | 1.00 | 0.26 | 0.31 | 1 | 0 | -0.27 | -0.08 | 157.52 | 150.00 | 10/23/2026 | No | 15 | 72 | None | |
| PEP | PepsiCo Inc | Options Chain | 1.84 | 2.53 | 0.26 | 1.00 | 0.26 | 0.24 | 1 | 2 | -0.29 | -0.06 | 138.45 | 132.00 | 10/23/2026 | Yes | 13 | 63 | None | |
| AVGO | Broadcom Inc | Options Chain | 7.10 | 7.50 | 2.57 | 10.00 | 0.26 | 0.38 | 999 | 973 | -0.26 | -0.22 | 366.46 | 340.00 | 10/16/2026 | No | 10 | 65 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.70 | 6.85 | 1.28 | 5.00 | 0.26 | 0.45 | 11 | 36 | -0.30 | -0.12 | 176.40 | 165.00 | 10/23/2026 | No | 12 | 71 | None | |
| GIS | General Mills Inc | Options Chain | 0.85 | 1.00 | 0.63 | 2.50 | 0.25 | 0.37 | 645 | 121 | -0.30 | -0.02 | 37.76 | 35.00 | 10/16/2026 | Yes | 5 | 52 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.60 | 0.80 | 0.25 | 1.00 | 0.25 | 0.40 | 34 | 1 | -0.25 | -0.02 | 33.30 | 31.00 | 10/16/2026 | No | 10 | 59 | None | |
| EQNR | Equinor ASA | Options Chain | 0.70 | 1.00 | 0.25 | 1.00 | 0.25 | 0.36 | 28 | 12 | -0.26 | -0.03 | 43.39 | 42.00 | 10/16/2026 | No | 13 | 59 | None | |
| STM | ST Microelectronics | Options Chain | 1.55 | 1.95 | 0.25 | 1.00 | 0.25 | 0.54 | 10 | 3 | -0.27 | -0.04 | 51.86 | 47.00 | 10/23/2026 | Yes | 12 | 53 | None | |
| SLB | SLB | Options Chain | 1.16 | 1.63 | 0.25 | 1.00 | 0.25 | 0.37 | 0 | 2 | -0.28 | -0.04 | 57.05 | 54.00 | 10/23/2026 | Yes | 7 | 65 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.60 | 0.85 | 0.25 | 1.00 | 0.25 | 0.30 | 1 | 6 | -0.28 | -0.02 | 42.74 | 40.00 | 10/16/2026 | Yes | 15 | 77 | None | |
| UNM | Unum Group | Options Chain | 1.50 | 2.05 | 0.60 | 2.50 | 0.24 | 0.29 | 0 | 41 | -0.30 | -0.05 | 94.07 | 90.00 | 10/16/2026 | No | 9 | 62 | None | |
| F | Ford Motor Company | Options Chain | 0.19 | 0.34 | 0.12 | 0.50 | 0.24 | 0.37 | 19 | 86 | -0.24 | -0.01 | 14.02 | 12.50 | 10/23/2026 | Yes | 9 | 48 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 1.65 | 1.90 | 0.58 | 2.50 | 0.23 | 0.43 | 1353 | 86 | -0.25 | -0.05 | 83.50 | 75.00 | 10/16/2026 | No | 11 | 57 | None | |
| NVO | Novo Nordisk | Options Chain | 0.77 | 1.05 | 0.23 | 1.00 | 0.23 | 0.34 | 3 | 7 | -0.27 | -0.03 | 44.56 | 42.00 | 10/23/2026 | No | 14 | 57 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.05 | 4.00 | 1.15 | 5.00 | 0.23 | 0.22 | 16 | 31 | -0.29 | -0.10 | 256.28 | 245.00 | 10/23/2026 | No | 9 | 59 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.15 | 10.00 | 1.13 | 5.00 | 0.23 | 0.34 | 11 | 10 | -0.29 | -0.17 | 400.51 | 370.00 | 10/23/2026 | No | 10 | 58 | None | |
| DOW | Dow Inc | Options Chain | 0.63 | 1.00 | 0.22 | 1.00 | 0.22 | 0.46 | 60 | 0 | -0.26 | -0.02 | 29.57 | 27.00 | 10/23/2026 | Yes | 8 | 54 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.01 | 1.13 | 0.21 | 1.00 | 0.21 | 0.27 | 2 | 5 | -0.29 | -0.03 | 62.39 | 60.00 | 10/23/2026 | Yes | 13 | 74 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.88 | 3.00 | 0.21 | 1.00 | 0.21 | 0.46 | 2 | 7 | -0.30 | -0.06 | 77.03 | 71.00 | 10/23/2026 | Yes | 9 | 59 | None | |
| IP | International Paper Company | Options Chain | 0.85 | 1.20 | 0.20 | 1.00 | 0.20 | 0.43 | 0 | 8 | -0.27 | -0.02 | 37.13 | 33.00 | 10/23/2026 | No | 6 | 60 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.20 | 4.85 | 0.98 | 5.00 | 0.20 | 0.26 | 5 | 11 | -0.27 | -0.11 | 269.20 | 255.00 | 10/23/2026 | Yes | 9 | 66 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.30 | 0.54 | 0.19 | 1.00 | 0.19 | 0.17 | 2 | 0 | -0.29 | -0.01 | 38.83 | 38.00 | 10/23/2026 | No | 9 | 59 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.10 | 1.40 | 0.47 | 2.50 | 0.19 | 0.33 | 81 | 26 | -0.24 | -0.04 | 84.50 | 80.00 | 10/16/2026 | No | 14 | 50 | None | |
| FAST | Fastenal Company | Options Chain | 0.45 | 0.85 | 0.45 | 2.50 | 0.18 | 0.35 | 3 | 1 | -0.21 | -0.02 | 49.76 | 45.00 | 10/16/2026 | Yes | 13 | 54 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.89 | 2.69 | 0.17 | 1.00 | 0.17 | 0.23 | 2 | 4 | -0.30 | -0.06 | 142.64 | 138.00 | 10/23/2026 | Yes | 12 | 72 | None | |
| SYF | Synchrony Financial | Options Chain | 1.00 | 1.30 | 0.42 | 2.50 | 0.17 | 0.33 | 1 | 2 | -0.23 | -0.05 | 77.35 | 72.50 | 10/16/2026 | No | 14 | 75 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 0.95 | 1.35 | 0.82 | 5.00 | 0.16 | 0.34 | 138 | 11 | -0.25 | -0.04 | 64.50 | 60.00 | 10/16/2026 | No | 14 | 64 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.05 | 1.30 | 0.80 | 5.00 | 0.16 | 0.36 | 158 | 43 | -0.26 | -0.03 | 64.11 | 60.00 | 10/16/2026 | No | 13 | 72 | None | |
| INFY | Infosys Ltd | Options Chain | 0.20 | 0.25 | 0.15 | 1.00 | 0.15 | 0.43 | 34 | 0 | -0.21 | -0.01 | 11.17 | 10.00 | 10/16/2026 | Yes | 13 | 42 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.20 | 0.40 | 0.15 | 1.00 | 0.15 | 0.28 | 2 | 0 | -0.23 | -0.01 | 24.67 | 23.00 | 10/16/2026 | No | 16 | 70 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.30 | 0.45 | 0.15 | 1.00 | 0.15 | 0.35 | 52 | 0 | -0.24 | -0.01 | 23.62 | 22.00 | 10/16/2026 | No | 11 | 68 | None | |
| BCS | Barclays plc | Options Chain | 0.30 | 0.50 | 0.15 | 1.00 | 0.15 | 0.30 | 18 | 2 | -0.27 | -0.02 | 26.76 | 25.00 | 10/16/2026 | No | 15 | 53 | None |