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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GLW | Corning Inc | Options Chain | 6.75 | 7.10 | 1.60 | 5.00 | 0.32 | 0.65 | 80 | 69 | -0.27 | -0.12 | 140.46 | 130.00 | 4/17/2026 | No | 9 | 57 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 5.65 | 6.30 | 1.60 | 5.00 | 0.32 | 0.60 | 9 | 6 | -0.30 | -0.10 | 122.27 | 110.00 | 4/17/2026 | Yes | 17 | 63 | None | |
| ORCL | Oracle Corp | Options Chain | 7.70 | 7.90 | 1.57 | 5.00 | 0.31 | 0.71 | 168 | 176 | -0.30 | -0.13 | 148.08 | 125.00 | 4/17/2026 | Yes | 10 | 66 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.57 | 2.91 | 1.50 | 5.00 | 0.30 | 0.51 | 21 | 150 | -0.30 | -0.04 | 64.34 | 60.00 | 4/17/2026 | No | 11 | 57 | None | |
| ALLY | Ally Financial Inc | Options Chain | 1.05 | 1.40 | 0.28 | 1.00 | 0.28 | 0.40 | 48 | 32 | -0.28 | -0.02 | 42.12 | 37.00 | 4/17/2026 | Yes | 11 | 68 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.05 | 2.60 | 0.68 | 2.50 | 0.27 | 0.35 | 6 | 11 | -0.30 | -0.02 | 76.82 | 72.50 | 4/17/2026 | No | 9 | 56 | None | |
| CHRW | C.H. Robinson Worldwide Inc | Options Chain | 5.60 | 6.20 | 1.35 | 5.00 | 0.27 | 0.43 | 34 | 2 | -0.28 | -0.09 | 190.06 | 165.00 | 4/17/2026 | No | 9 | 57 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.90 | 12.50 | 2.62 | 10.00 | 0.26 | 0.45 | 143 | 204 | -0.29 | -0.22 | 370.54 | 340.00 | 4/17/2026 | Yes | 20 | 62 |
Dividend Stock List |
|
| V | Visa Inc - Class A | Options Chain | 7.25 | 7.85 | 1.30 | 5.00 | 0.26 | 0.28 | 358 | 118 | -0.28 | -0.13 | 321.00 | 295.00 | 4/17/2026 | No | 10 | 65 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.45 | 2.60 | 0.65 | 2.50 | 0.26 | 0.33 | 0 | 10 | -0.27 | -0.02 | 97.09 | 90.00 | 4/17/2026 | No | 9 | 63 | None | |
| KDP | Keurig Dr Pepper Inc | Options Chain | 0.60 | 0.75 | 0.25 | 1.00 | 0.25 | 0.31 | 11 | 1 | -0.29 | -0.01 | 29.59 | 28.00 | 4/17/2026 | Yes | 10 | 58 | None | |
| EL | Estee Lauder Cos. Inc - Class A | Options Chain | 3.25 | 3.45 | 1.24 | 5.00 | 0.25 | 0.40 | 97 | 1 | -0.30 | -0.06 | 112.00 | 105.00 | 4/17/2026 | No | 5 | 49 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 3.60 | 5.50 | 1.22 | 5.00 | 0.24 | 0.39 | 2 | 1 | -0.25 | -0.08 | 176.01 | 160.00 | 4/17/2026 | Yes | 11 | 70 | None | |
| GPN | Global Payments Inc | Options Chain | 2.15 | 2.45 | 1.20 | 5.00 | 0.24 | 0.38 | 6 | 4 | -0.29 | -0.05 | 82.30 | 75.00 | 4/17/2026 | No | 12 | 70 | None | |
| CLX | Clorox Company | Options Chain | 2.20 | 2.70 | 1.20 | 5.00 | 0.24 | 0.26 | 9 | 24 | -0.30 | -0.05 | 123.60 | 120.00 | 4/17/2026 | No | 12 | 51 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.85 | 1.95 | 0.60 | 2.50 | 0.24 | 0.43 | 280 | 44 | -0.28 | -0.03 | 65.03 | 57.50 | 4/17/2026 | No | 15 | 71 | None | |
| DOW | Dow Inc | Options Chain | 0.92 | 1.09 | 0.58 | 2.50 | 0.23 | 0.47 | 37 | 74 | -0.27 | -0.02 | 30.52 | 27.50 | 4/17/2026 | No | 7 | 50 | None | |
| SLB | SLB | Options Chain | 1.28 | 1.33 | 0.58 | 2.50 | 0.23 | 0.38 | 27 | 37 | -0.27 | -0.03 | 50.85 | 47.50 | 4/17/2026 | No | 8 | 65 | None | |
| EQNR | Equinor ASA | Options Chain | 0.50 | 0.65 | 0.23 | 1.00 | 0.23 | 0.32 | 11 | 1 | -0.24 | -0.01 | 28.74 | 27.00 | 4/17/2026 | No | 8 | 52 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.35 | 0.60 | 0.23 | 1.00 | 0.23 | 0.45 | 0 | 1 | -0.26 | -0.01 | 18.05 | 16.00 | 4/17/2026 | Yes | 11 | 66 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.35 | 0.60 | 0.23 | 1.00 | 0.23 | 0.36 | 125 | 178 | -0.30 | -0.01 | 18.01 | 16.00 | 4/17/2026 | No | 7 | 57 | None | |
| MS | Morgan Stanley | Options Chain | 4.50 | 4.80 | 1.15 | 5.00 | 0.23 | 0.41 | 8 | 91 | -0.27 | -0.09 | 175.41 | 155.00 | 4/17/2026 | Yes | 10 | 67 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.14 | 1.25 | 0.57 | 2.50 | 0.23 | 0.27 | 19 | 16 | -0.28 | -0.02 | 60.66 | 57.50 | 4/17/2026 | No | 15 | 60 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.90 | 2.35 | 1.13 | 5.00 | 0.23 | 0.63 | 50 | 39 | -0.22 | -0.04 | 64.61 | 55.00 | 4/17/2026 | Yes | 18 | 60 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 7.40 | 7.70 | 1.12 | 5.00 | 0.22 | 0.34 | 124 | 238 | -0.30 | -0.13 | 310.25 | 280.00 | 4/17/2026 | Yes | 8 | 79 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.65 | 6.95 | 2.20 | 10.00 | 0.22 | 0.38 | 71 | 136 | -0.27 | -0.12 | 290.00 | 260.00 | 4/17/2026 | Yes | 10 | 65 | None | |
| CFG | Citizens Financial Group Inc | Options Chain | 1.45 | 1.55 | 0.55 | 2.50 | 0.22 | 0.38 | 40 | 13 | -0.25 | -0.03 | 65.30 | 57.50 | 4/17/2026 | Yes | 14 | 76 | None | |
| GIS | General Mills Inc | Options Chain | 0.95 | 1.05 | 0.55 | 2.50 | 0.22 | 0.31 | 27 | 5 | -0.30 | -0.02 | 44.62 | 42.50 | 4/17/2026 | Yes | 11 | 63 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.72 | 0.77 | 0.22 | 1.00 | 0.22 | 0.24 | 113 | 122 | -0.25 | -0.01 | 49.25 | 47.00 | 4/17/2026 | No | 10 | 73 | None | |
| USB | U.S. Bancorp. | Options Chain | 1.28 | 1.44 | 0.54 | 2.50 | 0.22 | 0.34 | 106 | 55 | -0.30 | -0.02 | 58.66 | 52.50 | 4/17/2026 | Yes | 12 | 65 | None | |
| HPQ | HP Inc | Options Chain | 0.56 | 0.70 | 0.21 | 1.00 | 0.21 | 0.55 | 92 | 167 | -0.25 | -0.01 | 18.59 | 16.00 | 4/17/2026 | Yes | 11 | 51 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.47 | 0.70 | 0.21 | 1.00 | 0.21 | 0.22 | 6 | 7 | -0.30 | -0.02 | 36.35 | 35.00 | 4/17/2026 | No | 8 | 58 | None | |
| AXP | American Express Company | Options Chain | 6.80 | 7.30 | 2.02 | 10.00 | 0.20 | 0.39 | 47 | 26 | -0.24 | -0.15 | 346.18 | 290.00 | 4/17/2026 | No | 11 | 69 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.58 | 2.81 | 1.00 | 5.00 | 0.20 | 0.31 | 123 | 80 | -0.24 | -0.06 | 147.28 | 140.00 | 4/17/2026 | No | 11 | 73 | None | |
| BCS | Barclays plc | Options Chain | 0.55 | 0.65 | 0.20 | 1.00 | 0.20 | 0.39 | 7 | 10 | -0.24 | -0.01 | 25.99 | 23.00 | 4/17/2026 | No | 15 | 47 | None | |
| ING | ING Groep N.V. | Options Chain | 0.60 | 0.65 | 0.20 | 1.00 | 0.20 | 0.34 | 16 | 3 | -0.25 | -0.01 | 29.80 | 27.00 | 4/17/2026 | No | 8 | 49 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.50 | 0.54 | 0.20 | 1.00 | 0.20 | 0.26 | 50 | 10 | -0.26 | -0.01 | 32.73 | 31.00 | 4/17/2026 | Yes | 12 | 67 | None | |
| T | AT&T Inc | Options Chain | 0.45 | 0.47 | 0.20 | 1.00 | 0.20 | 0.26 | 578 | 94 | -0.29 | -0.01 | 28.00 | 27.00 | 4/17/2026 | No | 10 | 66 | None | |
| F | Ford Motor Company | Options Chain | 0.32 | 0.33 | 0.20 | 1.00 | 0.20 | 0.30 | 144 | 80 | -0.30 | -0.01 | 14.01 | 13.00 | 4/17/2026 | No | 7 | 44 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.75 | 1.90 | 0.48 | 2.50 | 0.19 | 0.38 | 19 | 270 | -0.24 | -0.04 | 88.70 | 77.50 | 4/17/2026 | Yes | 13 | 75 | None | |
| PRU | Prudential Financial Inc | Options Chain | 1.85 | 2.35 | 0.95 | 5.00 | 0.19 | 0.30 | 12 | 9 | -0.29 | -0.04 | 103.67 | 95.00 | 4/17/2026 | No | 14 | 62 | None | |
| HAL | Halliburton Company | Options Chain | 0.81 | 0.95 | 0.19 | 1.00 | 0.19 | 0.41 | 9 | 21 | -0.26 | -0.02 | 35.11 | 32.00 | 4/17/2026 | No | 9 | 48 | None | |
| C | Citigroup Inc | Options Chain | 2.50 | 2.64 | 0.94 | 5.00 | 0.19 | 0.41 | 61 | 73 | -0.24 | -0.06 | 116.00 | 100.00 | 4/17/2026 | Yes | 14 | 77 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.28 | 1.37 | 0.47 | 2.50 | 0.19 | 0.28 | 1204 | 86 | -0.26 | -0.03 | 79.20 | 72.50 | 4/17/2026 | No | 9 | 65 | None | |
| APA | APA Corporation | Options Chain | 0.75 | 0.78 | 0.45 | 2.50 | 0.18 | 0.52 | 27 | 11 | -0.21 | -0.02 | 29.06 | 25.00 | 4/17/2026 | Yes | 12 | 62 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.94 | 1.03 | 0.45 | 2.50 | 0.18 | 0.36 | 165 | 20 | -0.22 | -0.02 | 51.84 | 47.50 | 4/17/2026 | Yes | 7 | 54 | None | |
| SHEL | Shell Plc ADR (Representing - ) | Options Chain | 1.10 | 1.15 | 0.45 | 2.50 | 0.18 | 0.26 | 31 | 82 | -0.23 | -0.03 | 79.96 | 75.00 | 4/17/2026 | No | 15 | 64 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.40 | 1.60 | 0.45 | 2.50 | 0.18 | 0.48 | 45 | 1 | -0.24 | -0.03 | 56.67 | 50.00 | 4/17/2026 | No | 8 | 55 | None | |
| KEY | Keycorp | Options Chain | 0.45 | 0.51 | 0.18 | 1.00 | 0.18 | 0.39 | 14 | 187 | -0.25 | -0.01 | 22.21 | 19.00 | 4/17/2026 | Yes | 10 | 59 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.40 | 0.65 | 0.18 | 1.00 | 0.18 | 0.23 | 0 | 2 | -0.27 | -0.01 | 36.68 | 34.00 | 4/17/2026 | No | 13 | 67 | None | |
| TOL | Toll Brothers Inc | Options Chain | 3.00 | 3.80 | 0.87 | 5.00 | 0.17 | 0.37 | 2 | 2 | -0.23 | -0.08 | 162.00 | 145.00 | 4/17/2026 | Yes | 13 | 68 | None | |
| MRK | Merck & Co Inc | Options Chain | 2.03 | 2.31 | 0.85 | 5.00 | 0.17 | 0.30 | 16 | 32 | -0.26 | -0.04 | 122.26 | 115.00 | 4/17/2026 | No | 10 | 67 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.20 | 3.45 | 1.66 | 10.00 | 0.17 | 0.25 | 453 | 135 | -0.25 | -0.07 | 242.49 | 230.00 | 4/17/2026 | Yes | 14 | 73 | None | |
| NVO | Novo Nordisk | Options Chain | 1.11 | 1.17 | 0.82 | 5.00 | 0.16 | 0.50 | 1392 | 155 | -0.22 | -0.01 | 48.45 | 35.00 | 4/17/2026 | No | 11 | 50 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.75 | 1.89 | 0.80 | 5.00 | 0.16 | 0.35 | 83 | 15 | -0.24 | -0.04 | 93.87 | 85.00 | 4/17/2026 | Yes | 8 | 63 | None | |
| TROW | T. Rowe Price Group Inc | Options Chain | 1.45 | 1.80 | 0.80 | 5.00 | 0.16 | 0.32 | 6 | 15 | -0.24 | -0.03 | 95.45 | 85.00 | 4/17/2026 | No | 19 | 58 |
Dividend Stock List |
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| MDT | Medtronic Plc | Options Chain | 0.97 | 1.09 | 0.40 | 2.50 | 0.16 | 0.22 | 31 | 4 | -0.24 | -0.02 | 96.86 | 92.50 | 4/17/2026 | No | 12 | 70 | None | |
| OKE | Oneok Inc | Options Chain | 1.45 | 1.55 | 0.75 | 5.00 | 0.15 | 0.34 | 151 | 49 | -0.24 | -0.04 | 87.25 | 80.00 | 4/17/2026 | Yes | 11 | 66 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.20 | 0.25 | 0.15 | 1.00 | 0.15 | 0.38 | 1 | 0 | -0.22 | 0.00 | 11.33 | 10.00 | 4/17/2026 | Yes | 22 | 65 |
Growth Stock List |
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| AES | AES Corp | Options Chain | 0.30 | 0.36 | 0.15 | 1.00 | 0.15 | 0.38 | 6 | 12 | -0.24 | -0.01 | 16.51 | 15.00 | 4/17/2026 | Yes | 10 | 49 | None | |
| EXC | Exelon Corp | Options Chain | 0.65 | 0.90 | 0.15 | 1.00 | 0.15 | 0.21 | 1 | 0 | -0.30 | -0.01 | 47.79 | 46.00 | 4/17/2026 | No | 10 | 69 | None |