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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| T | AT&T Inc | Options Chain | 0.51 | 0.81 | 0.23 | 0.50 | 0.46 | 0.31 | 3 | 7 | -0.30 | -0.01 | 26.06 | 25.50 | 10/30/2026 | No | 9 | 58 | None | |
| STM | ST Microelectronics | Options Chain | 1.90 | 2.40 | 0.40 | 1.00 | 0.40 | 0.62 | 1 | 0 | -0.29 | -0.05 | 47.78 | 44.00 | 10/30/2026 | No | 12 | 52 | None | |
| QCOM | Qualcomm Inc | Options Chain | 6.45 | 7.50 | 1.73 | 5.00 | 0.35 | 0.49 | 0 | 41 | -0.30 | -0.14 | 180.15 | 175.00 | 10/30/2026 | No | 10 | 63 | None | |
| CRM | Salesforce Inc | Options Chain | 8.35 | 9.25 | 1.70 | 5.00 | 0.34 | 0.44 | 4 | 18 | -0.30 | -0.17 | 259.43 | 245.00 | 10/30/2026 | No | 15 | 70 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.02 | 2.49 | 0.33 | 1.00 | 0.33 | 0.59 | 1 | 23 | -0.28 | -0.05 | 55.41 | 51.00 | 10/30/2026 | No | 9 | 54 | None | |
| TSCO | Tractor Supply Company | Options Chain | 1.05 | 1.30 | 0.33 | 1.00 | 0.33 | 0.46 | 0 | 5 | -0.30 | -0.02 | 33.83 | 31.00 | 10/30/2026 | No | 5 | 50 | None | |
| GLW | Corning Inc | Options Chain | 6.10 | 6.70 | 1.62 | 5.00 | 0.32 | 0.65 | 11 | 18 | -0.28 | -0.14 | 166.40 | 130.00 | 10/30/2026 | No | 9 | 52 | None | |
| ICE | Intercontinental Exchange Inc | Options Chain | 2.50 | 3.80 | 0.32 | 1.00 | 0.32 | 0.29 | 0 | 1 | -0.29 | -0.07 | 157.75 | 149.00 | 10/30/2026 | No | 9 | 66 | None | |
| JNJ | Johnson & Johnson | Options Chain | 4.55 | 5.75 | 1.57 | 5.00 | 0.31 | 0.27 | 1 | 18 | -0.30 | -0.11 | 266.92 | 255.00 | 10/30/2026 | No | 12 | 71 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.05 | 9.50 | 1.53 | 5.00 | 0.31 | 0.34 | 19 | 15 | -0.29 | -0.21 | 418.01 | 390.00 | 10/30/2026 | No | 20 | 61 |
Dividend Stock List |
|
| IBM | International Business Machines Corp | Options Chain | 7.70 | 8.20 | 1.52 | 5.00 | 0.30 | 0.44 | 5 | 2 | -0.30 | -0.17 | 249.09 | 235.00 | 10/30/2026 | No | 12 | 74 | None | |
| HPQ | HP Inc | Options Chain | 1.01 | 1.33 | 0.15 | 0.50 | 0.30 | 0.51 | 0 | 1 | -0.28 | -0.03 | 34.02 | 31.50 | 10/30/2026 | No | 12 | 55 | None | |
| MS | Morgan Stanley | Options Chain | 4.05 | 5.50 | 1.45 | 5.00 | 0.29 | 0.35 | 3 | 3 | -0.29 | -0.09 | 206.58 | 190.00 | 10/30/2026 | No | 11 | 67 | None | |
| SLB | SLB | Options Chain | 1.22 | 1.57 | 0.29 | 1.00 | 0.29 | 0.38 | 0 | 1 | -0.29 | -0.03 | 53.32 | 51.00 | 10/30/2026 | No | 8 | 63 | None | |
| ORCL | Oracle Corp | Options Chain | 4.50 | 4.80 | 1.42 | 5.00 | 0.28 | 0.52 | 50 | 136 | -0.27 | -0.10 | 144.79 | 130.00 | 10/30/2026 | No | 8 | 60 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.85 | 1.07 | 0.28 | 1.00 | 0.28 | 0.26 | 9 | 3 | -0.27 | -0.01 | 51.29 | 49.00 | 10/30/2026 | No | 7 | 65 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.37 | 2.67 | 0.28 | 1.00 | 0.28 | 0.31 | 1 | 0 | -0.30 | -0.05 | 110.06 | 105.00 | 10/30/2026 | No | 11 | 64 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.29 | 0.50 | 0.14 | 0.50 | 0.28 | 0.30 | 8 | 15 | -0.26 | -0.01 | 24.27 | 23.00 | 10/30/2026 | No | 7 | 57 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.55 | 0.76 | 0.27 | 1.00 | 0.27 | 0.36 | 3 | 25 | -0.28 | -0.01 | 24.88 | 23.00 | 10/30/2026 | No | 15 | 67 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.20 | 3.65 | 0.66 | 2.50 | 0.26 | 0.32 | 23 | 27 | -0.28 | -0.08 | 165.08 | 160.00 | 10/30/2026 | No | 13 | 71 | None | |
| WMT | Walmart Inc | Options Chain | 1.39 | 1.83 | 0.26 | 1.00 | 0.26 | 0.24 | 0 | 2 | -0.27 | -0.04 | 109.08 | 104.00 | 10/30/2026 | No | 8 | 55 | None | |
| PCG | PG&E Corp | Options Chain | 0.34 | 0.44 | 0.13 | 0.50 | 0.26 | 0.51 | 12 | 0 | -0.24 | -0.01 | 13.60 | 12.00 | 10/30/2026 | No | 14 | 58 | None | |
| CVX | Chevron Corp | Options Chain | 3.40 | 4.05 | 1.22 | 5.00 | 0.24 | 0.29 | 10 | 22 | -0.27 | -0.09 | 212.17 | 205.00 | 10/30/2026 | No | 11 | 69 | None | |
| DOW | Dow Inc | Options Chain | 0.66 | 0.81 | 0.24 | 1.00 | 0.24 | 0.45 | 20 | 0 | -0.23 | -0.01 | 28.90 | 27.00 | 10/30/2026 | No | 8 | 54 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.76 | 1.03 | 0.24 | 1.00 | 0.24 | 0.28 | 13 | 43 | -0.26 | -0.03 | 59.47 | 56.00 | 10/30/2026 | No | 9 | 64 | None | |
| EQT | EQT Corp | Options Chain | 0.65 | 1.06 | 0.24 | 1.00 | 0.24 | 0.30 | 2 | 0 | -0.28 | -0.03 | 53.21 | 50.00 | 10/30/2026 | No | 15 | 69 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.99 | 1.05 | 0.23 | 1.00 | 0.23 | 0.43 | 5 | 6 | -0.29 | -0.03 | 37.05 | 34.00 | 10/30/2026 | No | 10 | 51 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.55 | 6.30 | 1.15 | 5.00 | 0.23 | 0.28 | 15 | 6 | -0.26 | -0.13 | 350.13 | 325.00 | 10/30/2026 | No | 12 | 80 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.36 | 1.71 | 0.22 | 1.00 | 0.22 | 0.34 | 8 | 0 | -0.29 | -0.03 | 61.78 | 60.00 | 10/30/2026 | No | 12 | 70 | None | |
| NVO | Novo Nordisk | Options Chain | 0.71 | 1.01 | 0.21 | 1.00 | 0.21 | 0.35 | 5 | 7 | -0.27 | -0.03 | 43.45 | 40.00 | 10/30/2026 | No | 11 | 48 | None | |
| APA | APA Corporation | Options Chain | 1.02 | 1.47 | 0.21 | 1.00 | 0.21 | 0.44 | 12 | 14 | -0.28 | -0.02 | 45.03 | 43.00 | 10/30/2026 | No | 14 | 70 | None | |
| KO | Coca-Cola Company | Options Chain | 1.05 | 1.29 | 0.20 | 1.00 | 0.20 | 0.22 | 6 | 1 | -0.27 | -0.03 | 89.35 | 85.00 | 10/30/2026 | No | 9 | 61 | None | |
| F | Ford Motor Company | Options Chain | 0.25 | 0.29 | 0.10 | 0.50 | 0.20 | 0.39 | 13 | 2 | -0.24 | -0.01 | 13.86 | 12.50 | 10/30/2026 | No | 9 | 48 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.38 | 0.53 | 0.17 | 1.00 | 0.17 | 0.28 | 5 | 0 | -0.25 | -0.01 | 30.96 | 29.00 | 10/30/2026 | No | 9 | 59 | None |