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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.35 | 3.20 | 1.00 | 2.50 | 0.40 | 0.45 | 0 | 62 | -0.29 | -0.04 | 62.23 | 60.00 | 10/16/2026 | No | 12 | 62 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.45 | 1.05 | 0.35 | 1.00 | 0.35 | 0.40 | 4 | 14 | -0.25 | -0.01 | 31.27 | 29.00 | 10/16/2026 | No | 15 | 68 | None | |
| GLW | Corning Inc | Options Chain | 7.40 | 7.80 | 1.72 | 5.00 | 0.34 | 0.61 | 76 | 44 | -0.30 | -0.13 | 157.50 | 140.00 | 10/16/2026 | No | 8 | 52 | None | |
| ORCL | Oracle Corp | Options Chain | 6.45 | 6.85 | 1.55 | 5.00 | 0.31 | 0.64 | 222 | 500 | -0.27 | -0.12 | 148.87 | 135.00 | 10/16/2026 | Yes | 9 | 67 | None | |
| HPQ | HP Inc | Options Chain | 0.79 | 1.00 | 0.31 | 1.00 | 0.31 | 0.43 | 178 | 607 | -0.27 | -0.01 | 27.77 | 27.00 | 10/16/2026 | Yes | 12 | 45 | None | |
| AVGO | Broadcom Inc | Options Chain | 8.95 | 12.00 | 1.45 | 5.00 | 0.29 | 0.47 | 10 | 6 | -0.27 | -0.25 | 362.13 | 340.00 | 10/9/2026 | Yes | 12 | 64 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.75 | 11.20 | 2.88 | 10.00 | 0.29 | 0.36 | 201 | 80 | -0.29 | -0.21 | 417.69 | 400.00 | 10/16/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| TXN | Texas Instruments Inc | Options Chain | 7.80 | 8.20 | 2.85 | 10.00 | 0.29 | 0.39 | 36 | 32 | -0.30 | -0.15 | 261.77 | 250.00 | 10/16/2026 | No | 13 | 68 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.60 | 7.25 | 1.40 | 5.00 | 0.28 | 0.26 | 51 | 23 | -0.30 | -0.12 | 356.50 | 340.00 | 10/16/2026 | Yes | 12 | 80 | None | |
| HAL | Halliburton Company | Options Chain | 0.68 | 0.88 | 0.27 | 1.00 | 0.27 | 0.35 | 4 | 5 | -0.27 | -0.02 | 34.33 | 33.00 | 10/16/2026 | No | 12 | 56 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.47 | 2.85 | 0.67 | 2.50 | 0.27 | 0.47 | 11 | 483 | -0.29 | -0.05 | 79.22 | 72.50 | 10/16/2026 | No | 11 | 59 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.20 | 3.40 | 1.33 | 5.00 | 0.27 | 0.28 | 503 | 442 | -0.29 | -0.07 | 160.00 | 150.00 | 10/16/2026 | No | 11 | 66 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.15 | 4.35 | 1.31 | 5.00 | 0.26 | 0.43 | 50 | 128 | -0.25 | -0.08 | 163.72 | 150.00 | 10/16/2026 | No | 12 | 71 | None | |
| SYK | Stryker Corp | Options Chain | 6.30 | 7.80 | 2.60 | 10.00 | 0.26 | 0.28 | 1 | 2 | -0.30 | -0.13 | 329.67 | 310.00 | 10/16/2026 | No | 12 | 68 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.00 | 5.85 | 1.30 | 5.00 | 0.26 | 0.33 | 43 | 2218 | -0.27 | -0.12 | 231.28 | 225.00 | 10/16/2026 | No | 9 | 66 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.06 | 1.26 | 0.65 | 2.50 | 0.26 | 0.33 | 184 | 10 | -0.25 | -0.02 | 58.62 | 55.00 | 10/16/2026 | No | 10 | 55 | None | |
| BBY | Best Buy Co. Inc | Options Chain | 1.50 | 2.25 | 0.65 | 2.50 | 0.26 | 0.35 | 32 | 192 | -0.27 | -0.03 | 87.44 | 77.50 | 10/16/2026 | Yes | 18 | 62 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.60 | 3.90 | 1.26 | 5.00 | 0.25 | 0.21 | 457 | 191 | -0.29 | -0.07 | 266.93 | 250.00 | 10/16/2026 | No | 9 | 59 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.50 | 1.85 | 0.63 | 2.50 | 0.25 | 0.32 | 3 | 57 | -0.28 | -0.04 | 80.09 | 75.00 | 10/16/2026 | No | 17 | 52 | None | |
| ROK | Rockwell Automation Inc | Options Chain | 7.10 | 10.00 | 2.45 | 10.00 | 0.25 | 0.30 | 1 | 1 | -0.27 | -0.19 | 431.75 | 410.00 | 10/16/2026 | No | 8 | 58 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.04 | 1.08 | 0.61 | 2.50 | 0.24 | 0.43 | 855 | 575 | -0.26 | -0.02 | 38.59 | 35.00 | 10/16/2026 | Yes | 14 | 59 | None | |
| COST | Costco Wholesale Corp | Options Chain | 13.30 | 15.70 | 1.12 | 5.00 | 0.22 | 0.22 | 108 | 29 | -0.29 | -0.35 | 955.00 | 900.00 | 10/16/2026 | Yes | 15 | 60 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.15 | 1.28 | 0.56 | 2.50 | 0.22 | 0.21 | 61 | 311 | -0.29 | -0.02 | 84.22 | 80.00 | 10/16/2026 | No | 7 | 65 | None | |
| CVX | Chevron Corp | Options Chain | 2.91 | 3.30 | 1.10 | 5.00 | 0.22 | 0.25 | 127 | 105 | -0.25 | -0.08 | 200.21 | 190.00 | 10/16/2026 | No | 13 | 77 | None | |
| CRM | Salesforce Inc | Options Chain | 5.60 | 5.95 | 2.18 | 10.00 | 0.22 | 0.41 | 645 | 497 | -0.25 | -0.13 | 232.32 | 230.00 | 10/16/2026 | Yes | 15 | 70 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.50 | 1.60 | 1.07 | 5.00 | 0.21 | 0.34 | 255 | 19 | -0.25 | -0.04 | 77.52 | 70.00 | 10/16/2026 | No | 15 | 65 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.09 | 2.26 | 1.07 | 5.00 | 0.21 | 0.31 | 170 | 220 | -0.27 | -0.04 | 112.30 | 105.00 | 10/16/2026 | No | 8 | 58 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.35 | 1.46 | 0.53 | 2.50 | 0.21 | 0.28 | 120 | 228 | -0.25 | -0.04 | 84.79 | 80.00 | 10/16/2026 | Yes | 16 | 74 | None | |
| MSFT | Microsoft Corporation | Options Chain | 7.00 | 10.00 | 1.05 | 5.00 | 0.21 | 0.26 | 10 | 12 | -0.28 | -0.22 | 496.37 | 485.00 | 10/9/2026 | No | 14 | 72 | None | |
| OKE | Oneok Inc | Options Chain | 1.50 | 1.90 | 1.02 | 5.00 | 0.20 | 0.27 | 246 | 3 | -0.28 | -0.04 | 94.90 | 90.00 | 10/16/2026 | No | 11 | 64 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.67 | 0.81 | 0.20 | 1.00 | 0.20 | 0.24 | 222 | 171 | -0.26 | -0.01 | 50.15 | 47.00 | 10/16/2026 | No | 8 | 65 | None | |
| T | AT&T Inc | Options Chain | 0.39 | 0.42 | 0.20 | 1.00 | 0.20 | 0.26 | 69 | 74 | -0.27 | -0.01 | 25.87 | 24.00 | 10/16/2026 | No | 14 | 67 | None | |
| KR | Kroger Company | Options Chain | 0.74 | 1.05 | 0.48 | 2.50 | 0.19 | 0.32 | 19 | 13 | -0.22 | -0.03 | 58.51 | 52.50 | 10/16/2026 | Yes | 10 | 50 | None | |
| WMB | Williams Cos Inc | Options Chain | 1.30 | 1.45 | 0.93 | 5.00 | 0.19 | 0.29 | 68 | 13 | -0.27 | -0.02 | 74.41 | 70.00 | 10/16/2026 | No | 10 | 69 | None | |
| NVO | Novo Nordisk | Options Chain | 0.82 | 0.87 | 0.46 | 2.50 | 0.18 | 0.35 | 1557 | 510 | -0.23 | -0.02 | 47.19 | 42.50 | 10/16/2026 | No | 14 | 58 | None | |
| DOW | Dow Inc | Options Chain | 0.63 | 0.77 | 0.46 | 2.50 | 0.18 | 0.39 | 35 | 3 | -0.24 | -0.01 | 30.33 | 27.50 | 10/16/2026 | No | 8 | 56 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.45 | 0.18 | 1.00 | 0.18 | 0.23 | 2 | 1 | -0.29 | -0.01 | 22.09 | 21.00 | 10/16/2026 | Yes | 14 | 68 | None | |
| PCG | PG&E Corp | Options Chain | 0.29 | 0.34 | 0.17 | 1.00 | 0.17 | 0.38 | 231 | 59 | -0.18 | -0.01 | 18.22 | 16.00 | 10/16/2026 | No | 9 | 52 | None | |
| F | Ford Motor Company | Options Chain | 0.24 | 0.27 | 0.17 | 1.00 | 0.17 | 0.33 | 857 | 66 | -0.24 | -0.01 | 13.90 | 13.00 | 10/16/2026 | No | 9 | 48 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.60 | 0.70 | 0.17 | 1.00 | 0.17 | 0.32 | 6 | 1 | -0.27 | -0.02 | 32.98 | 31.00 | 10/16/2026 | No | 7 | 58 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.20 | 1.65 | 0.84 | 5.00 | 0.17 | 0.65 | 347 | 1 | -0.19 | -0.03 | 56.49 | 45.00 | 10/16/2026 | Yes | 9 | 54 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.85 | 0.90 | 0.42 | 2.50 | 0.17 | 0.26 | 562 | 563 | -0.25 | -0.02 | 62.17 | 57.50 | 10/16/2026 | Yes | 12 | 74 | None | |
| SRE | Sempra | Options Chain | 1.40 | 1.65 | 0.83 | 5.00 | 0.17 | 0.28 | 9 | 6 | -0.28 | -0.03 | 84.03 | 80.00 | 10/16/2026 | No | 9 | 73 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.20 | 1.55 | 0.80 | 5.00 | 0.16 | 0.37 | 41 | 2 | -0.25 | -0.03 | 64.52 | 60.00 | 10/16/2026 | No | 13 | 72 | None | |
| SLB | SLB | Options Chain | 0.75 | 0.85 | 0.40 | 2.50 | 0.16 | 0.35 | 49 | 17 | -0.20 | -0.02 | 53.60 | 50.00 | 10/16/2026 | Yes | 8 | 63 | None | |
| EIX | Edison International | Options Chain | 1.20 | 1.60 | 0.40 | 2.50 | 0.16 | 0.36 | 13 | 7906 | -0.24 | -0.03 | 74.50 | 67.50 | 10/16/2026 | No | 10 | 63 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.28 | 0.50 | 0.16 | 1.00 | 0.16 | 0.33 | 128 | 44 | -0.21 | -0.01 | 27.20 | 24.00 | 10/16/2026 | No | 13 | 62 | None | |
| KO | Coca-Cola Company | Options Chain | 0.86 | 1.00 | 0.38 | 2.50 | 0.15 | 0.19 | 449 | 183 | -0.25 | -0.02 | 90.08 | 85.00 | 10/16/2026 | No | 9 | 61 | None | |
| TD | Toronto Dominion Bank | Options Chain | 1.45 | 1.65 | 0.75 | 5.00 | 0.15 | 0.23 | 193 | 11 | -0.27 | -0.04 | 119.50 | 115.00 | 10/16/2026 | Yes | 12 | 76 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.15 | 0.30 | 0.15 | 1.00 | 0.15 | 0.42 | 2 | 0 | -0.21 | 0.00 | 10.06 | 9.00 | 10/16/2026 | Yes | 19 | 61 | None | |
| EXC | Exelon Corp | Options Chain | 0.45 | 0.75 | 0.15 | 1.00 | 0.15 | 0.20 | 12 | 0 | -0.28 | -0.01 | 44.24 | 42.00 | 10/16/2026 | No | 11 | 64 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.75 | 1.00 | 0.15 | 1.00 | 0.15 | 0.27 | 0 | 100 | -0.29 | -0.02 | 42.50 | 41.00 | 10/16/2026 | Yes | 15 | 77 | None |