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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CSCO | Cisco Systems Inc | Options Chain | 2.85 | 4.00 | 0.80 | 1.00 | 0.80 | 0.43 | 0 | 2 | -0.30 | -0.07 | 113.64 | 103.00 | 11/27/2026 | Yes | 10 | 64 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.19 | 3.15 | 0.45 | 1.00 | 0.45 | 0.61 | 1 | 0 | -0.29 | -0.05 | 63.11 | 54.00 | 11/27/2026 | No | 12 | 58 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.14 | 1.75 | 0.39 | 1.00 | 0.39 | 0.33 | 0 | 1 | -0.29 | -0.03 | 59.28 | 58.00 | 11/27/2026 | Yes | 11 | 54 | None | |
| PEP | PepsiCo Inc | Options Chain | 1.73 | 2.27 | 0.38 | 1.00 | 0.38 | 0.21 | 3 | 1 | -0.30 | -0.05 | 129.27 | 127.00 | 11/27/2026 | No | 12 | 65 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.58 | 2.04 | 0.37 | 1.00 | 0.37 | 0.22 | 3 | 3 | -0.24 | -0.04 | 156.53 | 150.00 | 11/27/2026 | Yes | 8 | 67 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.65 | 1.98 | 0.37 | 1.00 | 0.37 | 0.27 | 3 | 0 | -0.27 | -0.03 | 96.80 | 90.00 | 11/27/2026 | Yes | 16 | 71 | None | |
| JNJ | Johnson & Johnson | Options Chain | 4.40 | 5.65 | 1.83 | 5.00 | 0.37 | 0.25 | 21 | 24 | -0.30 | -0.10 | 253.91 | 245.00 | 11/27/2026 | No | 9 | 66 | None | |
| GLW | Corning Inc | Options Chain | 5.75 | 6.65 | 1.82 | 5.00 | 0.36 | 0.61 | 12 | 2 | -0.30 | -0.12 | 140.89 | 125.00 | 11/27/2026 | Yes | 8 | 52 | None | |
| V | Visa Inc - Class A | Options Chain | 5.40 | 7.60 | 1.82 | 5.00 | 0.36 | 0.24 | 0 | 1 | -0.30 | -0.13 | 396.06 | 385.00 | 11/27/2026 | Yes | 10 | 64 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.60 | 2.40 | 0.36 | 1.00 | 0.36 | 0.37 | 0 | 3 | -0.30 | -0.04 | 76.65 | 73.00 | 11/27/2026 | No | 12 | 66 | None | |
| PBF | PBF Energy Inc - Class A | Options Chain | 3.70 | 4.50 | 0.85 | 2.50 | 0.34 | 0.77 | 0 | 6 | -0.28 | -0.10 | 89.51 | 77.50 | 11/20/2026 | Yes | 13 | 60 | None | |
| CRM | Salesforce Inc | Options Chain | 6.15 | 7.00 | 1.60 | 5.00 | 0.32 | 0.40 | 11 | 3 | -0.29 | -0.15 | 235.95 | 230.00 | 11/27/2026 | No | 15 | 70 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.73 | 2.38 | 0.32 | 1.00 | 0.32 | 0.47 | 3 | 9 | -0.28 | -0.04 | 69.62 | 64.00 | 11/27/2026 | Yes | 10 | 58 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.00 | 8.60 | 1.55 | 5.00 | 0.31 | 0.28 | 2 | 10 | -0.30 | -0.20 | 395.62 | 395.00 | 11/27/2026 | No | 13 | 65 | None | |
| NVO | Novo Nordisk | Options Chain | 0.67 | 1.24 | 0.31 | 1.00 | 0.31 | 0.39 | 0 | 20 | -0.27 | -0.02 | 38.12 | 37.00 | 11/27/2026 | Yes | 11 | 50 | None | |
| ORCL | Oracle Corp | Options Chain | 4.85 | 5.15 | 0.30 | 1.00 | 0.30 | 0.55 | 0 | 1 | -0.29 | -0.11 | 127.35 | 123.00 | 11/27/2026 | No | 7 | 62 | None | |
| AZN | Astrazeneca plc | Options Chain | 3.50 | 4.00 | 1.42 | 5.00 | 0.28 | 0.34 | 37 | 44 | -0.30 | -0.10 | 162.03 | 160.00 | 11/20/2026 | Yes | 14 | 72 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.65 | 9.05 | 1.42 | 5.00 | 0.28 | 0.32 | 206 | 25 | -0.30 | -0.22 | 430.00 | 400.00 | 11/27/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| MCD | McDonald`s Corp | Options Chain | 3.80 | 4.20 | 1.41 | 5.00 | 0.28 | 0.23 | 6 | 48 | -0.30 | -0.10 | 238.70 | 235.00 | 11/27/2026 | Yes | 9 | 52 | None | |
| LUV | Southwest Airlines Company | Options Chain | 0.76 | 1.14 | 0.28 | 1.00 | 0.28 | 0.44 | 0 | 5 | -0.26 | -0.02 | 39.34 | 37.00 | 11/27/2026 | Yes | 12 | 61 | None | |
| EQNR | Equinor ASA | Options Chain | 0.85 | 1.00 | 0.28 | 1.00 | 0.28 | 0.38 | 10 | 24 | -0.27 | -0.02 | 45.29 | 42.00 | 11/20/2026 | Yes | 10 | 52 | None | |
| HD | Home Depot Inc | Options Chain | 5.40 | 6.00 | 1.40 | 5.00 | 0.28 | 0.31 | 7 | 3 | -0.27 | -0.15 | 295.40 | 290.00 | 11/27/2026 | Yes | 8 | 61 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.00 | 2.15 | 0.68 | 2.50 | 0.27 | 0.46 | 43 | 15 | -0.25 | -0.06 | 82.69 | 75.00 | 11/20/2026 | Yes | 9 | 57 | None | |
| LOW | Lowe`s Cos. Inc | Options Chain | 4.40 | 5.00 | 1.35 | 5.00 | 0.27 | 0.34 | 6 | 2 | -0.30 | -0.08 | 188.31 | 185.00 | 11/27/2026 | Yes | 10 | 65 | None | |
| TGT | Target Corp | Options Chain | 3.55 | 4.40 | 1.31 | 5.00 | 0.26 | 0.42 | 1 | 1 | -0.28 | -0.08 | 155.31 | 145.00 | 11/27/2026 | Yes | 15 | 72 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.50 | 3.10 | 1.30 | 5.00 | 0.26 | 0.28 | 8 | 8 | -0.27 | -0.07 | 172.15 | 165.00 | 11/27/2026 | Yes | 12 | 71 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.78 | 0.92 | 0.26 | 1.00 | 0.26 | 0.28 | 0 | 5 | -0.29 | -0.02 | 43.53 | 43.00 | 11/27/2026 | Yes | 8 | 64 | None | |
| WMT | Walmart Inc | Options Chain | 2.39 | 2.67 | 0.26 | 1.00 | 0.26 | 0.30 | 6 | 17 | -0.30 | -0.06 | 112.28 | 114.00 | 11/27/2026 | Yes | 8 | 55 | None | |
| F | Ford Motor Company | Options Chain | 0.28 | 0.33 | 0.13 | 0.50 | 0.26 | 0.38 | 3 | 2 | -0.29 | 0.00 | 12.05 | 11.50 | 11/27/2026 | Yes | 9 | 51 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.50 | 5.65 | 1.25 | 5.00 | 0.25 | 0.50 | 11 | 4 | -0.25 | -0.14 | 169.29 | 160.00 | 11/27/2026 | Yes | 10 | 63 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.78 | 0.95 | 0.25 | 1.00 | 0.25 | 0.24 | 13 | 4 | -0.29 | -0.02 | 51.39 | 50.00 | 11/27/2026 | Yes | 13 | 74 | None | |
| WMB | Williams Cos Inc | Options Chain | 1.35 | 1.65 | 0.25 | 1.00 | 0.25 | 0.32 | 0 | 1 | -0.30 | -0.03 | 74.57 | 67.00 | 11/27/2026 | Yes | 8 | 69 | None | |
| HAS | Hasbro Inc | Options Chain | 1.95 | 2.55 | 0.62 | 2.50 | 0.25 | 0.41 | 0 | 502 | -0.28 | -0.06 | 95.46 | 92.50 | 11/20/2026 | Yes | 11 | 67 | None | |
| JCI | Johnson Controls International plc | Options Chain | 2.85 | 3.30 | 1.20 | 5.00 | 0.24 | 0.41 | 13 | 0 | -0.26 | -0.09 | 152.44 | 135.00 | 11/20/2026 | Yes | 8 | 59 | None | |
| COKE | Coca-Cola Consolidated Inc | Options Chain | 4.20 | 5.70 | 1.20 | 5.00 | 0.24 | 0.44 | 3 | 2 | -0.26 | -0.15 | 200.00 | 195.00 | 11/20/2026 | Yes | 9 | 44 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.80 | 0.88 | 0.24 | 1.00 | 0.24 | 0.37 | 36 | 18 | -0.28 | -0.02 | 35.30 | 35.00 | 11/27/2026 | No | 14 | 60 | None | |
| T | AT&T Inc | Options Chain | 0.42 | 0.48 | 0.12 | 0.50 | 0.24 | 0.29 | 2 | 3 | -0.28 | -0.01 | 23.05 | 22.50 | 11/27/2026 | Yes | 11 | 60 | None | |
| EIX | Edison International | Options Chain | 1.30 | 1.45 | 0.58 | 2.50 | 0.23 | 0.41 | 35 | 369 | -0.30 | -0.04 | 55.44 | 52.50 | 11/20/2026 | Yes | 15 | 69 | None | |
| TSCO | Tractor Supply Company | Options Chain | 0.75 | 1.00 | 0.23 | 1.00 | 0.23 | 0.47 | 0 | 1 | -0.26 | -0.02 | 32.74 | 30.00 | 11/27/2026 | Yes | 8 | 58 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.95 | 5.95 | 1.15 | 5.00 | 0.23 | 0.40 | 1 | 1 | -0.27 | -0.11 | 227.88 | 215.00 | 11/27/2026 | Yes | 9 | 66 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.25 | 1.35 | 0.52 | 2.50 | 0.21 | 0.43 | 26 | 230 | -0.24 | -0.04 | 61.17 | 57.50 | 11/20/2026 | Yes | 9 | 55 | None | |
| MS | Morgan Stanley | Options Chain | 3.10 | 3.45 | 1.03 | 5.00 | 0.21 | 0.30 | 0 | 3 | -0.28 | -0.07 | 181.51 | 170.00 | 11/27/2026 | Yes | 11 | 67 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.25 | 1.40 | 0.50 | 2.50 | 0.20 | 0.33 | 8 | 12 | -0.25 | -0.04 | 83.26 | 77.50 | 11/20/2026 | Yes | 8 | 59 | None | |
| INFY | Infosys Ltd | Options Chain | 0.25 | 0.40 | 0.20 | 1.00 | 0.20 | 0.44 | 149 | 124 | -0.21 | 0.00 | 11.48 | 11.00 | 11/20/2026 | Yes | 13 | 44 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.39 | 0.49 | 0.20 | 1.00 | 0.20 | 0.39 | 2 | 3 | -0.24 | -0.01 | 21.05 | 20.00 | 11/27/2026 | Yes | 12 | 61 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.45 | 0.55 | 0.20 | 1.00 | 0.20 | 0.42 | 5 | 0 | -0.25 | -0.02 | 24.06 | 22.00 | 11/20/2026 | Yes | 12 | 67 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.70 | 1.10 | 0.20 | 1.00 | 0.20 | 0.31 | 16 | 0 | -0.28 | -0.02 | 49.64 | 48.00 | 11/20/2026 | Yes | 7 | 64 | None | |
| C | Citigroup Inc | Options Chain | 1.71 | 2.37 | 0.20 | 1.00 | 0.20 | 0.28 | 0 | 4 | -0.28 | -0.04 | 122.27 | 116.00 | 11/27/2026 | No | 17 | 78 | None | |
| RF | Regions Financial Corp | Options Chain | 0.45 | 0.55 | 0.20 | 1.00 | 0.20 | 0.31 | 6 | 269 | -0.29 | -0.01 | 26.89 | 26.00 | 11/20/2026 | Yes | 18 | 69 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.77 | 1.03 | 0.20 | 1.00 | 0.20 | 0.26 | 17 | 0 | -0.29 | -0.03 | 56.26 | 55.00 | 11/27/2026 | Yes | 16 | 75 | None | |
| CVX | Chevron Corp | Options Chain | 2.58 | 3.20 | 0.99 | 5.00 | 0.20 | 0.29 | 2 | 3 | -0.23 | -0.08 | 222.04 | 205.00 | 11/27/2026 | Yes | 12 | 76 | None | |
| BNY | Bank Of New York Mellon Corp | Options Chain | 1.70 | 2.05 | 0.98 | 5.00 | 0.20 | 0.26 | 64 | 21 | -0.26 | -0.05 | 137.64 | 135.00 | 11/20/2026 | Yes | 12 | 74 | None | |
| CFG | Citizens Financial Group Inc | Options Chain | 1.05 | 1.20 | 0.48 | 2.50 | 0.19 | 0.32 | 10 | 3 | -0.27 | -0.03 | 62.57 | 60.00 | 11/20/2026 | Yes | 16 | 77 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 3.40 | 4.85 | 0.93 | 5.00 | 0.19 | 0.23 | 21 | 3 | -0.25 | -0.14 | 335.28 | 320.00 | 11/27/2026 | No | 10 | 80 | None | |
| NYT | New York Times Co. - Class A | Options Chain | 1.25 | 1.50 | 0.45 | 2.50 | 0.18 | 0.45 | 7 | 12 | -0.25 | -0.04 | 67.15 | 62.50 | 11/20/2026 | Yes | 14 | 60 | None | |
| UL | Unilever plc | Options Chain | 0.90 | 1.00 | 0.45 | 2.50 | 0.18 | 0.25 | 14 | 12 | -0.29 | -0.02 | 63.86 | 62.50 | 11/20/2026 | No | 12 | 66 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.45 | 0.60 | 0.18 | 1.00 | 0.18 | 0.39 | 0 | 2 | -0.24 | -0.01 | 27.93 | 26.00 | 11/20/2026 | Yes | 7 | 56 | None | |
| VTRS | Viatris Inc | Options Chain | 0.35 | 0.40 | 0.18 | 1.00 | 0.18 | 0.38 | 2 | 0 | -0.28 | -0.01 | 17.44 | 17.00 | 11/20/2026 | Yes | 6 | 52 | None | |
| SHW | Sherwin-Williams Company | Options Chain | 3.60 | 4.80 | 1.72 | 10.00 | 0.17 | 0.34 | 10 | 12 | -0.22 | -0.15 | 325.90 | 310.00 | 11/20/2026 | Yes | 11 | 64 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.55 | 0.75 | 0.17 | 1.00 | 0.17 | 0.36 | 3 | 6 | -0.23 | -0.01 | 36.74 | 35.00 | 11/20/2026 | Yes | 11 | 71 | None | |
| KO | Coca-Cola Company | Options Chain | 1.11 | 1.41 | 0.17 | 1.00 | 0.17 | 0.22 | 4 | 25 | -0.26 | -0.04 | 91.78 | 89.00 | 11/27/2026 | Yes | 9 | 61 | None | |
| APA | APA Corporation | Options Chain | 1.23 | 1.55 | 0.17 | 1.00 | 0.17 | 0.45 | 6 | 0 | -0.30 | -0.03 | 48.05 | 44.00 | 11/27/2026 | Yes | 10 | 63 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.25 | 1.45 | 0.82 | 5.00 | 0.16 | 0.47 | 145 | 224 | -0.20 | -0.04 | 74.30 | 70.00 | 11/20/2026 | Yes | 15 | 64 | None | |
| DUK | Duke Energy Corp | Options Chain | 1.20 | 1.40 | 0.80 | 5.00 | 0.16 | 0.21 | 58 | 22 | -0.28 | -0.03 | 120.00 | 115.00 | 11/20/2026 | Yes | 8 | 67 | None | |
| QSR | Restaurant Brands International Inc | Options Chain | 0.70 | 1.05 | 0.38 | 2.50 | 0.15 | 0.27 | 0 | 3 | -0.23 | -0.04 | 70.97 | 70.00 | 11/20/2026 | Yes | 8 | 62 | None | |
| PPL | PPL Corp | Options Chain | 0.25 | 0.40 | 0.15 | 1.00 | 0.15 | 0.22 | 1 | 0 | -0.22 | -0.01 | 34.75 | 33.00 | 11/20/2026 | Yes | 9 | 68 | None | |
| KEY | Keycorp | Options Chain | 0.25 | 0.35 | 0.15 | 1.00 | 0.15 | 0.29 | 6 | 3 | -0.26 | -0.01 | 19.79 | 19.00 | 11/20/2026 | Yes | 10 | 58 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.15 | 0.20 | 0.15 | 1.00 | 0.15 | 0.30 | 166 | 21 | -0.27 | 0.00 | 9.58 | 10.00 | 11/20/2026 | Yes | 15 | 50 | None | |
| EXC | Exelon Corp | Options Chain | 0.35 | 0.55 | 0.15 | 1.00 | 0.15 | 0.21 | 1 | 17 | -0.27 | -0.02 | 42.60 | 41.00 | 11/20/2026 | Yes | 11 | 69 | None |