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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AVGO | Broadcom Inc | Options Chain | 16.55 | 17.00 | 3.35 | 10.00 | 0.34 | 0.54 | 540 | 115 | -0.30 | -0.29 | 385.98 | 350.00 | 12/19/2025 | Yes | 9 | 67 | None | |
| ORCL | Oracle Corp | Options Chain | 11.65 | 11.90 | 3.20 | 10.00 | 0.32 | 0.58 | 1129 | 1000 | -0.30 | -0.22 | 275.30 | 240.00 | 12/19/2025 | Yes | 8 | 62 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.05 | 1.45 | 0.32 | 1.00 | 0.32 | 0.35 | 0 | 7 | -0.30 | -0.02 | 48.32 | 46.00 | 12/19/2025 | No | 14 | 65 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 20.10 | 21.95 | 2.78 | 10.00 | 0.28 | 0.35 | 18 | 26 | -0.30 | -0.42 | 813.53 | 800.00 | 12/19/2025 | Yes | 11 | 65 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.55 | 1.75 | 0.67 | 2.50 | 0.27 | 0.36 | 0 | 5 | -0.30 | -0.03 | 60.52 | 57.50 | 12/19/2025 | Yes | 11 | 52 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.30 | 8.45 | 1.33 | 5.00 | 0.27 | 0.23 | 272 | 528 | -0.28 | -0.18 | 541.55 | 505.00 | 12/19/2025 | Yes | 13 | 68 | None | |
| C | Citigroup Inc | Options Chain | 2.30 | 2.40 | 0.65 | 2.50 | 0.26 | 0.32 | 22 | 167 | -0.28 | -0.04 | 99.12 | 95.00 | 12/19/2025 | No | 16 | 82 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.06 | 1.15 | 0.26 | 1.00 | 0.26 | 0.45 | 19 | 41 | -0.26 | -0.03 | 42.19 | 38.00 | 12/19/2025 | No | 12 | 60 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.61 | 0.65 | 0.26 | 1.00 | 0.26 | 0.20 | 940 | 201 | -0.29 | -0.01 | 40.21 | 38.00 | 12/19/2025 | Yes | 14 | 65 | None | |
| NEM | Newmont Corp | Options Chain | 2.17 | 2.26 | 0.64 | 2.50 | 0.26 | 0.44 | 59 | 20 | -0.26 | -0.04 | 79.67 | 75.00 | 12/19/2025 | No | 17 | 71 | None | |
| DOW | Dow Inc | Options Chain | 0.89 | 0.94 | 0.64 | 2.50 | 0.26 | 0.46 | 68 | 26 | -0.30 | -0.01 | 24.86 | 22.50 | 12/19/2025 | No | 11 | 49 | None | |
| STM | ST Microelectronics | Options Chain | 0.70 | 0.80 | 0.25 | 1.00 | 0.25 | 0.42 | 1 | 30 | -0.28 | -0.01 | 24.68 | 23.00 | 12/19/2025 | No | 13 | 47 | None | |
| TGT | Target Corp | Options Chain | 2.65 | 2.80 | 1.24 | 5.00 | 0.25 | 0.45 | 13 | 45 | -0.25 | -0.04 | 94.12 | 85.00 | 12/19/2025 | Yes | 13 | 66 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.64 | 1.74 | 0.62 | 2.50 | 0.25 | 0.42 | 180 | 59 | -0.25 | -0.03 | 65.35 | 60.00 | 12/19/2025 | Yes | 8 | 55 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.86 | 1.95 | 0.62 | 2.50 | 0.25 | 0.30 | 4 | 13 | -0.29 | -0.03 | 86.00 | 82.50 | 12/19/2025 | No | 11 | 74 | None | |
| WMT | Walmart Inc | Options Chain | 1.89 | 1.97 | 0.60 | 2.50 | 0.24 | 0.28 | 216 | 110 | -0.26 | -0.04 | 102.46 | 97.50 | 12/19/2025 | Yes | 9 | 59 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.05 | 4.35 | 1.19 | 5.00 | 0.24 | 0.39 | 33 | 253 | -0.25 | -0.08 | 178.67 | 165.00 | 12/19/2025 | Yes | 15 | 71 | None | |
| LVS | Las Vegas Sands Corp | Options Chain | 1.38 | 1.48 | 0.59 | 2.50 | 0.24 | 0.37 | 3 | 50 | -0.28 | -0.03 | 58.78 | 55.00 | 12/19/2025 | No | 11 | 62 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.10 | 7.40 | 2.35 | 10.00 | 0.24 | 0.36 | 253 | 409 | -0.26 | -0.15 | 355.26 | 320.00 | 12/19/2025 | No | 12 | 65 | None | |
| NVO | Novo Nordisk | Options Chain | 1.71 | 1.76 | 1.17 | 5.00 | 0.23 | 0.56 | 593 | 38 | -0.25 | -0.04 | 51.37 | 45.00 | 12/19/2025 | Yes | 16 | 65 | None | |
| COP | Conoco Phillips | Options Chain | 1.73 | 1.81 | 0.58 | 2.50 | 0.23 | 0.32 | 14 | 57 | -0.25 | -0.03 | 88.08 | 82.50 | 12/19/2025 | Yes | 11 | 76 | None | |
| RF | Regions Financial Corp | Options Chain | 0.50 | 0.65 | 0.23 | 1.00 | 0.23 | 0.31 | 4 | 4 | -0.30 | -0.01 | 24.07 | 23.00 | 12/19/2025 | No | 13 | 69 | None | |
| V | Visa Inc - Class A | Options Chain | 5.35 | 5.55 | 1.15 | 5.00 | 0.23 | 0.25 | 45 | 14 | -0.26 | -0.12 | 341.28 | 330.00 | 12/19/2025 | No | 9 | 69 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.47 | 1.60 | 0.57 | 2.50 | 0.23 | 0.28 | 3 | 6 | -0.28 | -0.03 | 81.76 | 77.50 | 12/19/2025 | No | 8 | 62 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.20 | 1.30 | 0.57 | 2.50 | 0.23 | 0.28 | 0 | 16 | -0.30 | -0.03 | 57.96 | 55.00 | 12/19/2025 | No | 13 | 62 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 7.60 | 8.00 | 2.27 | 10.00 | 0.23 | 0.42 | 77 | 1075 | -0.27 | -0.16 | 305.09 | 280.00 | 12/19/2025 | No | 22 | 74 |
Dividend Stock List |
|
| EBAY | EBay Inc | Options Chain | 1.63 | 1.82 | 0.56 | 2.50 | 0.22 | 0.33 | 81 | 19 | -0.28 | -0.04 | 99.54 | 80.00 | 12/19/2025 | Yes | 11 | 63 | None | |
| JCI | Johnson Controls International plc | Options Chain | 1.55 | 2.50 | 1.10 | 5.00 | 0.22 | 0.35 | 0 | 1 | -0.21 | -0.05 | 113.34 | 105.00 | 12/19/2025 | Yes | 8 | 62 | None | |
| RTX | RTX Corp | Options Chain | 2.69 | 2.83 | 1.10 | 5.00 | 0.22 | 0.24 | 13 | 13 | -0.28 | -0.05 | 176.36 | 170.00 | 12/19/2025 | No | 13 | 64 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.37 | 0.57 | 0.22 | 1.00 | 0.22 | 0.18 | 1 | 11 | -0.24 | 0.00 | 31.12 | 30.00 | 12/19/2025 | No | 13 | 68 | None | |
| RSG | Republic Services Inc | Options Chain | 3.00 | 3.70 | 1.07 | 5.00 | 0.21 | 0.26 | 1 | 0 | -0.25 | -0.09 | 210.50 | 200.00 | 12/19/2025 | No | 13 | 67 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.85 | 5.15 | 1.07 | 5.00 | 0.21 | 0.26 | 426 | 96 | -0.26 | -0.12 | 305.51 | 295.00 | 12/19/2025 | No | 11 | 79 | None | |
| CARR | Carrier Global Corp | Options Chain | 1.20 | 1.45 | 0.53 | 2.50 | 0.21 | 0.37 | 32 | 23 | -0.26 | -0.03 | 60.75 | 55.00 | 12/19/2025 | No | 10 | 61 | None | |
| ARE | Alexandria Real Estate Equities Inc | Options Chain | 1.30 | 1.65 | 0.53 | 2.50 | 0.21 | 0.43 | 13 | 9 | -0.27 | -0.03 | 58.76 | 52.50 | 12/19/2025 | No | 10 | 71 | None | |
| GIS | General Mills Inc | Options Chain | 0.90 | 1.05 | 0.53 | 2.50 | 0.21 | 0.28 | 8 | 39 | -0.30 | -0.02 | 46.57 | 45.00 | 12/19/2025 | Yes | 13 | 63 | None | |
| AON | Aon plc. - Class A | Options Chain | 5.20 | 8.00 | 2.10 | 10.00 | 0.21 | 0.30 | 120 | 0 | -0.27 | -0.15 | 326.07 | 310.00 | 12/19/2025 | Yes | 10 | 68 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.56 | 0.59 | 0.21 | 1.00 | 0.21 | 0.46 | 5 | 25 | -0.22 | -0.01 | 24.27 | 22.00 | 12/19/2025 | Yes | 13 | 59 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.91 | 0.94 | 0.21 | 1.00 | 0.21 | 0.29 | 33 | 36 | -0.26 | -0.02 | 52.58 | 50.00 | 12/19/2025 | No | 11 | 74 | None | |
| GM | General Motors Company | Options Chain | 1.30 | 1.40 | 0.51 | 2.50 | 0.20 | 0.31 | 51 | 25 | -0.28 | -0.03 | 69.13 | 65.00 | 12/19/2025 | No | 12 | 74 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.93 | 2.03 | 1.01 | 5.00 | 0.20 | 0.19 | 145 | 37 | -0.28 | -0.05 | 148.77 | 145.00 | 12/19/2025 | No | 12 | 64 | None | |
| CHRW | C.H. Robinson Worldwide Inc | Options Chain | 2.15 | 2.65 | 1.00 | 5.00 | 0.20 | 0.28 | 1 | 2 | -0.25 | -0.05 | 129.38 | 145.00 | 12/19/2025 | Yes | 12 | 65 | None | |
| EXC | Exelon Corp | Options Chain | 0.70 | 0.85 | 0.20 | 1.00 | 0.20 | 0.25 | 0 | 1 | -0.29 | -0.01 | 47.20 | 45.00 | 12/19/2025 | Yes | 11 | 68 | None | |
| MO | Altria Group Inc | Options Chain | 0.73 | 0.90 | 0.48 | 2.50 | 0.19 | 0.23 | 185 | 93 | -0.25 | -0.02 | 61.97 | 55.00 | 12/19/2025 | Yes | 11 | 66 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.80 | 0.90 | 0.48 | 2.50 | 0.19 | 0.41 | 39 | 34 | -0.28 | -0.02 | 32.05 | 30.00 | 12/19/2025 | Yes | 10 | 66 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.84 | 0.91 | 0.48 | 2.50 | 0.19 | 0.26 | 3 | 0 | -0.28 | -0.02 | 46.64 | 45.00 | 12/19/2025 | No | 15 | 65 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.25 | 1.55 | 0.47 | 2.50 | 0.19 | 0.34 | 17 | 1 | -0.25 | -0.03 | 71.69 | 67.50 | 12/19/2025 | Yes | 18 | 64 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.75 | 1.84 | 0.93 | 5.00 | 0.19 | 0.24 | 151 | 100 | -0.26 | -0.03 | 116.45 | 110.00 | 12/19/2025 | Yes | 11 | 75 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.05 | 1.09 | 0.45 | 2.50 | 0.18 | 0.30 | 76 | 52 | -0.22 | -0.03 | 71.33 | 67.50 | 12/19/2025 | Yes | 11 | 66 | None | |
| TSN | Tyson Foods Inc - Class A | Options Chain | 0.75 | 0.85 | 0.45 | 2.50 | 0.18 | 0.29 | 0 | 1 | -0.23 | -0.01 | 50.72 | 47.50 | 12/19/2025 | Yes | 13 | 65 | None | |
| KDP | Keurig Dr Pepper Inc | Options Chain | 0.35 | 0.45 | 0.17 | 1.00 | 0.17 | 0.27 | 578 | 218 | -0.24 | -0.01 | 27.15 | 26.00 | 12/19/2025 | No | 10 | 61 | None | |
| AES | AES Corp | Options Chain | 0.15 | 0.45 | 0.17 | 1.00 | 0.17 | 0.44 | 2 | 0 | -0.28 | -0.01 | 14.37 | 13.00 | 12/19/2025 | Yes | 14 | 55 | None | |
| YUM | Yum Brands Inc | Options Chain | 1.60 | 2.20 | 0.85 | 5.00 | 0.17 | 0.27 | 3 | 2 | -0.23 | -0.05 | 139.19 | 130.00 | 12/19/2025 | Yes | 10 | 62 | None | |
| PFE | Pfizer Inc | Options Chain | 0.32 | 0.35 | 0.25 | 1.50 | 0.17 | 0.27 | 143 | 13 | -0.18 | 0.00 | 24.29 | 22.50 | 12/19/2025 | Yes | 14 | 63 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.00 | 1.05 | 0.40 | 2.50 | 0.16 | 0.28 | 4 | 23 | -0.23 | -0.03 | 72.58 | 67.50 | 12/19/2025 | No | 13 | 74 | None | |
| HPQ | HP Inc | Options Chain | 0.57 | 0.65 | 0.16 | 1.00 | 0.16 | 0.41 | 0 | 1 | -0.24 | -0.01 | 27.70 | 25.00 | 12/19/2025 | Yes | 13 | 50 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.64 | 0.70 | 0.38 | 2.50 | 0.15 | 0.35 | 197 | 69 | -0.22 | -0.02 | 40.58 | 37.50 | 12/19/2025 | Yes | 7 | 64 | None | |
| F | Ford Motor Company | Options Chain | 0.18 | 0.20 | 0.05 | 0.33 | 0.15 | 0.32 | 110 | 32 | -0.20 | 0.00 | 13.24 | 12.00 | 12/19/2025 | No | 16 | 54 | None | |
| AEP | American Electric Power Company Inc | Options Chain | 1.15 | 1.45 | 0.75 | 5.00 | 0.15 | 0.21 | 16 | 28 | -0.22 | -0.02 | 122.11 | 115.00 | 12/19/2025 | Yes | 13 | 74 | None | |
| BCS | Barclays plc | Options Chain | 0.40 | 0.45 | 0.15 | 1.00 | 0.15 | 0.33 | 1543 | 0 | -0.25 | -0.01 | 21.36 | 20.00 | 12/19/2025 | No | 17 | 55 | None |