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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EQT | EQT Corp | Options Chain | 0.75 | 0.95 | 0.41 | 1.00 | 0.41 | 0.26 | 1 | 0 | -0.29 | -0.02 | 54.08 | 52.00 | 10/2/2026 | No | 14 | 69 | None | |
| ORCL | Oracle Corp | Options Chain | 7.05 | 8.80 | 1.83 | 5.00 | 0.37 | 0.67 | 13 | 2 | -0.30 | -0.14 | 156.22 | 140.00 | 10/2/2026 | Yes | 7 | 61 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.70 | 3.40 | 0.87 | 2.50 | 0.35 | 0.26 | 1 | 0 | -0.29 | -0.05 | 158.61 | 152.50 | 10/2/2026 | No | 13 | 73 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.15 | 12.30 | 1.35 | 5.00 | 0.27 | 0.38 | 18 | 1 | -0.29 | -0.23 | 430.49 | 400.00 | 10/2/2026 | No | 20 | 61 |
Dividend Stock List |
|
| WMT | Walmart Inc | Options Chain | 2.12 | 2.60 | 0.24 | 1.00 | 0.24 | 0.28 | 10 | 0 | -0.29 | -0.06 | 115.72 | 110.00 | 10/2/2026 | Yes | 10 | 59 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.79 | 2.30 | 1.08 | 5.00 | 0.22 | 0.29 | 13 | 6 | -0.27 | -0.06 | 113.34 | 105.00 | 10/2/2026 | Yes | 11 | 62 | None | |
| KO | Coca-Cola Company | Options Chain | 0.75 | 1.04 | 0.18 | 1.00 | 0.18 | 0.19 | 0 | 1 | -0.25 | -0.02 | 87.42 | 84.00 | 10/2/2026 | No | 9 | 61 | None |