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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RIO | Rio Tinto plc | Options Chain | 2.25 | 3.20 | 0.85 | 2.50 | 0.34 | 0.38 | 120 | 6 | -0.30 | -0.03 | 95.13 | 85.00 | 3/20/2026 | Yes | 10 | 63 | None | |
| ORCL | Oracle Corp | Options Chain | 8.15 | 8.65 | 1.65 | 5.00 | 0.33 | 0.65 | 502 | 259 | -0.30 | -0.15 | 169.01 | 150.00 | 3/20/2026 | Yes | 10 | 66 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 4.55 | 4.85 | 1.50 | 5.00 | 0.30 | 0.55 | 73 | 139 | -0.29 | -0.09 | 118.49 | 105.00 | 3/20/2026 | Yes | 13 | 55 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 4.80 | 5.10 | 1.45 | 5.00 | 0.29 | 0.44 | 1054 | 19 | -0.30 | -0.09 | 144.08 | 135.00 | 3/20/2026 | No | 9 | 58 | None | |
| NEM | Newmont Corp | Options Chain | 3.95 | 4.55 | 0.72 | 2.50 | 0.29 | 0.60 | 329 | 8 | -0.25 | -0.08 | 126.93 | 100.00 | 3/20/2026 | Yes | 13 | 63 | None | |
| VALE | Vale S.A. | Options Chain | 0.44 | 0.53 | 0.28 | 1.00 | 0.28 | 0.37 | 436 | 79 | -0.30 | -0.01 | 16.94 | 15.00 | 3/20/2026 | Yes | 10 | 67 | None | |
| AVGO | Broadcom Inc | Options Chain | 12.35 | 12.80 | 2.78 | 10.00 | 0.28 | 0.56 | 249 | 239 | -0.27 | -0.24 | 331.30 | 300.00 | 3/20/2026 | Yes | 13 | 67 | None | |
| HAL | Halliburton Company | Options Chain | 0.77 | 0.92 | 0.27 | 1.00 | 0.27 | 0.39 | 7 | 44 | -0.27 | -0.02 | 33.39 | 31.00 | 3/20/2026 | No | 7 | 56 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.30 | 6.10 | 1.30 | 5.00 | 0.26 | 0.25 | 110 | 219 | -0.30 | -0.12 | 306.42 | 295.00 | 3/20/2026 | No | 8 | 79 | None | |
| AU | AngloGold Ashanti Plc. | Options Chain | 3.40 | 4.10 | 1.27 | 5.00 | 0.25 | 0.69 | 22 | 16 | -0.24 | -0.07 | 108.00 | 80.00 | 3/20/2026 | Yes | 18 | 66 | None | |
| AA | Alcoa Corp | Options Chain | 1.81 | 1.99 | 0.25 | 1.00 | 0.25 | 0.59 | 88 | 2 | -0.23 | -0.04 | 56.81 | 50.00 | 3/20/2026 | No | 13 | 64 | None | |
| STM | ST Microelectronics | Options Chain | 0.75 | 0.85 | 0.25 | 1.00 | 0.25 | 0.41 | 1 | 66 | -0.28 | -0.02 | 28.62 | 26.00 | 3/20/2026 | No | 12 | 47 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.85 | 3.95 | 1.24 | 5.00 | 0.25 | 0.40 | 123 | 3789 | -0.27 | -0.07 | 152.25 | 140.00 | 3/20/2026 | Yes | 10 | 64 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.90 | 2.08 | 1.23 | 5.00 | 0.25 | 0.50 | 734 | 537 | -0.26 | -0.04 | 65.13 | 55.00 | 3/20/2026 | No | 11 | 55 | None | |
| V | Visa Inc - Class A | Options Chain | 5.05 | 5.70 | 1.23 | 5.00 | 0.25 | 0.23 | 86 | 326 | -0.30 | -0.11 | 331.80 | 310.00 | 3/20/2026 | No | 11 | 70 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 6.40 | 7.50 | 2.45 | 10.00 | 0.25 | 0.44 | 7 | 6 | -0.29 | -0.14 | 233.50 | 210.00 | 3/20/2026 | Yes | 9 | 66 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.20 | 9.10 | 2.45 | 10.00 | 0.25 | 0.38 | 181 | 119 | -0.29 | -0.18 | 339.55 | 310.00 | 3/20/2026 | No | 22 | 67 |
Dividend Stock List |
|
| MSFT | Microsoft Corporation | Options Chain | 7.50 | 7.70 | 1.22 | 5.00 | 0.24 | 0.27 | 1290 | 559 | -0.28 | -0.17 | 433.50 | 410.00 | 3/20/2026 | No | 15 | 71 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 5.40 | 5.65 | 2.38 | 10.00 | 0.24 | 0.31 | 358 | 260 | -0.27 | -0.11 | 292.29 | 270.00 | 3/20/2026 | No | 10 | 58 | None | |
| OKE | Oneok Inc | Options Chain | 1.80 | 2.15 | 1.18 | 5.00 | 0.24 | 0.30 | 11 | 47 | -0.30 | -0.02 | 78.56 | 75.00 | 3/20/2026 | Yes | 14 | 76 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.96 | 1.23 | 0.59 | 2.50 | 0.24 | 0.28 | 34 | 74 | -0.29 | -0.02 | 55.05 | 52.50 | 3/20/2026 | Yes | 10 | 56 | None | |
| TGT | Target Corp | Options Chain | 2.68 | 2.88 | 1.16 | 5.00 | 0.23 | 0.44 | 88 | 145 | -0.25 | -0.05 | 102.84 | 95.00 | 3/20/2026 | Yes | 9 | 57 | None | |
| NVO | Novo Nordisk | Options Chain | 1.84 | 2.13 | 1.16 | 5.00 | 0.23 | 0.47 | 303 | 1652 | -0.29 | -0.04 | 59.33 | 55.00 | 3/20/2026 | Yes | 11 | 52 | None | |
| COP | Conoco Phillips | Options Chain | 1.97 | 2.08 | 0.58 | 2.50 | 0.23 | 0.31 | 7 | 11 | -0.27 | -0.04 | 103.10 | 97.50 | 3/20/2026 | Yes | 9 | 69 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 2.30 | 3.30 | 1.12 | 5.00 | 0.22 | 0.39 | 11 | 12 | -0.24 | -0.07 | 121.72 | 115.00 | 3/20/2026 | Yes | 14 | 64 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.03 | 1.10 | 0.56 | 2.50 | 0.22 | 0.35 | 289 | 115 | -0.29 | -0.02 | 45.42 | 42.50 | 3/20/2026 | Yes | 7 | 53 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.48 | 2.76 | 1.11 | 5.00 | 0.22 | 0.26 | 303 | 160 | -0.30 | -0.05 | 140.51 | 135.00 | 3/20/2026 | Yes | 11 | 73 | None | |
| SYF | Synchrony Financial | Options Chain | 1.40 | 1.60 | 0.55 | 2.50 | 0.22 | 0.34 | 4 | 1 | -0.26 | -0.03 | 73.37 | 67.50 | 3/20/2026 | No | 14 | 73 | None | |
| SLB | SLB | Options Chain | 0.98 | 1.03 | 0.55 | 2.50 | 0.22 | 0.34 | 169 | 101 | -0.27 | -0.02 | 48.45 | 45.00 | 3/20/2026 | No | 9 | 57 | None | |
| A | Agilent Technologies Inc | Options Chain | 2.30 | 3.40 | 1.07 | 5.00 | 0.21 | 0.34 | 25 | 0 | -0.26 | -0.06 | 133.85 | 125.00 | 3/20/2026 | Yes | 12 | 57 | None | |
| GPN | Global Payments Inc | Options Chain | 1.80 | 2.05 | 1.05 | 5.00 | 0.21 | 0.46 | 4 | 0 | -0.25 | -0.04 | 71.35 | 65.00 | 3/20/2026 | Yes | 12 | 62 | None | |
| HPQ | HP Inc | Options Chain | 0.45 | 0.55 | 0.21 | 1.00 | 0.21 | 0.50 | 13 | 73 | -0.21 | -0.01 | 19.39 | 17.00 | 3/20/2026 | Yes | 9 | 39 | None | |
| CARR | Carrier Global Corp | Options Chain | 1.20 | 1.50 | 0.52 | 2.50 | 0.21 | 0.38 | 1 | 6 | -0.25 | -0.03 | 59.58 | 55.00 | 3/20/2026 | Yes | 9 | 58 | None | |
| TROW | T. Rowe Price Group Inc | Options Chain | 1.95 | 2.50 | 1.03 | 5.00 | 0.21 | 0.30 | 28 | 15 | -0.30 | -0.04 | 104.82 | 100.00 | 3/20/2026 | Yes | 19 | 69 | None | |
| GM | General Motors Company | Options Chain | 1.38 | 1.48 | 0.50 | 2.50 | 0.20 | 0.33 | 277 | 103 | -0.23 | -0.03 | 86.26 | 77.50 | 3/20/2026 | No | 10 | 60 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.10 | 1.35 | 0.50 | 2.50 | 0.20 | 0.31 | 5 | 2 | -0.24 | -0.02 | 66.92 | 62.50 | 3/20/2026 | Yes | 13 | 54 | None | |
| EQT | EQT Corp | Options Chain | 1.17 | 1.28 | 0.50 | 2.50 | 0.20 | 0.39 | 238 | 62 | -0.24 | -0.03 | 56.33 | 52.50 | 3/20/2026 | Yes | 9 | 60 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.45 | 1.75 | 0.50 | 2.50 | 0.20 | 0.40 | 39 | 3 | -0.25 | -0.03 | 68.73 | 62.50 | 3/20/2026 | Yes | 11 | 64 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.70 | 0.90 | 0.20 | 1.00 | 0.20 | 0.34 | 6 | 1 | -0.25 | -0.02 | 42.28 | 39.00 | 3/20/2026 | No | 13 | 76 | None | |
| RF | Regions Financial Corp | Options Chain | 0.40 | 0.65 | 0.20 | 1.00 | 0.20 | 0.27 | 1 | 0 | -0.28 | -0.01 | 28.46 | 27.00 | 3/20/2026 | No | 15 | 70 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 2.70 | 3.30 | 0.20 | 1.00 | 0.20 | 0.72 | 1 | 11 | -0.29 | -0.05 | 63.29 | 49.00 | 3/20/2026 | Yes | 14 | 55 | None | |
| CNP | Centerpoint Energy Inc | Options Chain | 0.55 | 0.60 | 0.20 | 1.00 | 0.20 | 0.21 | 1 | 58 | -0.30 | -0.01 | 39.59 | 38.00 | 3/20/2026 | Yes | 7 | 57 | None | |
| CLX | Clorox Company | Options Chain | 1.55 | 2.45 | 0.95 | 5.00 | 0.19 | 0.33 | 33 | 39 | -0.23 | -0.05 | 109.70 | 105.00 | 3/20/2026 | Yes | 9 | 45 | None | |
| ICE | Intercontinental Exchange Inc | Options Chain | 2.35 | 2.85 | 0.95 | 5.00 | 0.19 | 0.25 | 5 | 3 | -0.26 | -0.06 | 175.10 | 165.00 | 3/20/2026 | Yes | 8 | 69 | None | |
| F | Ford Motor Company | Options Chain | 0.31 | 0.34 | 0.19 | 1.00 | 0.19 | 0.33 | 265 | 16 | -0.30 | -0.01 | 14.00 | 13.00 | 3/20/2026 | Yes | 12 | 49 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.41 | 1.64 | 0.47 | 2.50 | 0.19 | 0.41 | 66 | 27 | -0.24 | -0.03 | 66.54 | 60.00 | 3/20/2026 | No | 15 | 66 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.41 | 1.46 | 0.47 | 2.50 | 0.19 | 0.28 | 105 | 149 | -0.26 | -0.03 | 90.64 | 85.00 | 3/20/2026 | No | 11 | 66 | None | |
| NDAQ | Nasdaq Inc - 144A | Options Chain | 1.20 | 1.50 | 0.47 | 2.50 | 0.19 | 0.22 | 1 | 6 | -0.28 | -0.03 | 98.09 | 92.50 | 3/20/2026 | No | 8 | 63 | None | |
| ABT | Abbott Laboratories | Options Chain | 1.55 | 1.62 | 0.91 | 5.00 | 0.18 | 0.22 | 242 | 362 | -0.28 | -0.04 | 105.77 | 105.00 | 3/20/2026 | No | 10 | 63 | None | |
| DOW | Dow Inc | Options Chain | 0.70 | 0.80 | 0.45 | 2.50 | 0.18 | 0.44 | 29 | 100 | -0.26 | -0.01 | 27.16 | 25.00 | 3/20/2026 | No | 10 | 50 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.71 | 0.75 | 0.18 | 1.00 | 0.18 | 0.26 | 808 | 142 | -0.23 | -0.01 | 53.08 | 50.00 | 3/20/2026 | No | 12 | 74 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.40 | 95 | 0 | -0.24 | -0.01 | 20.39 | 18.00 | 3/20/2026 | Yes | 15 | 64 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.65 | 1.10 | 0.18 | 1.00 | 0.18 | 0.32 | 25 | 30 | -0.25 | -0.02 | 49.79 | 47.00 | 3/20/2026 | No | 9 | 63 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.50 | 0.75 | 0.18 | 1.00 | 0.18 | 0.39 | 3 | 0 | -0.26 | -0.01 | 27.72 | 25.00 | 3/20/2026 | No | 7 | 49 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.56 | 0.62 | 0.18 | 1.00 | 0.18 | 0.20 | 540 | 3172 | -0.28 | -0.01 | 39.81 | 43.00 | 3/20/2026 | Yes | 15 | 73 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.18 | 1.24 | 0.44 | 2.50 | 0.18 | 0.32 | 256 | 52 | -0.22 | -0.04 | 78.43 | 72.50 | 3/20/2026 | Yes | 8 | 59 | None | |
| SAN | Banco Santander S.A. | Options Chain | 0.20 | 0.40 | 0.17 | 1.00 | 0.17 | 0.32 | 11 | 0 | -0.28 | -0.01 | 12.76 | 12.00 | 3/20/2026 | Yes | 13 | 51 | None | |
| EXC | Exelon Corp | Options Chain | 0.60 | 0.80 | 0.17 | 1.00 | 0.17 | 0.20 | 7 | 2 | -0.30 | -0.01 | 44.41 | 43.00 | 3/20/2026 | Yes | 11 | 69 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.36 | 1.44 | 0.42 | 2.50 | 0.17 | 0.26 | 46 | 97 | -0.24 | -0.03 | 103.47 | 97.50 | 3/20/2026 | No | 12 | 71 | None | |
| PRU | Prudential Financial Inc | Options Chain | 1.65 | 2.25 | 0.80 | 5.00 | 0.16 | 0.24 | 8 | 8 | -0.26 | -0.02 | 109.87 | 105.00 | 3/20/2026 | Yes | 14 | 62 | None | |
| KEY | Keycorp | Options Chain | 0.28 | 0.39 | 0.16 | 1.00 | 0.16 | 0.31 | 0 | 18 | -0.24 | -0.01 | 21.63 | 20.00 | 3/20/2026 | No | 9 | 59 | None | |
| MO | Altria Group Inc | Options Chain | 0.73 | 0.77 | 0.39 | 2.50 | 0.16 | 0.18 | 660 | 54 | -0.28 | -0.02 | 59.76 | 60.00 | 3/20/2026 | No | 9 | 60 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 4.65 | 4.85 | 0.77 | 5.00 | 0.15 | 0.34 | 56 | 107 | -0.29 | -0.09 | 189.28 | 185.00 | 3/20/2026 | Yes | 12 | 75 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.44 | 0.54 | 0.38 | 2.50 | 0.15 | 0.28 | 41 | 42 | -0.30 | -0.01 | 23.14 | 22.50 | 3/20/2026 | Yes | 6 | 57 | None | |
| AME | Ametek Inc | Options Chain | 2.55 | 3.50 | 1.50 | 10.00 | 0.15 | 0.26 | 1 | 0 | -0.25 | -0.08 | 226.62 | 210.00 | 3/20/2026 | Yes | 12 | 61 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.35 | 0.55 | 0.15 | 1.00 | 0.15 | 0.30 | 0 | 2 | -0.29 | -0.01 | 24.42 | 23.00 | 3/20/2026 | No | 11 | 59 | None |