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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STX | Seagate Technology Holdings Plc | Options Chain | 25.80 | 27.60 | 4.05 | 10.00 | 0.40 | 0.76 | 21 | 11 | -0.29 | -0.45 | 442.93 | 400.00 | 3/20/2026 | No | 9 | 53 | None | |
| INTU | Intuit Inc | Options Chain | 16.10 | 17.70 | 3.60 | 10.00 | 0.36 | 0.45 | 29 | 42 | -0.29 | -0.30 | 538.70 | 460.00 | 3/20/2026 | Yes | 13 | 67 | None | |
| AU | AngloGold Ashanti Plc. | Options Chain | 4.80 | 6.00 | 1.70 | 5.00 | 0.34 | 0.66 | 51 | 63 | -0.30 | -0.09 | 115.72 | 95.00 | 3/20/2026 | Yes | 18 | 66 | None | |
| ORCL | Oracle Corp | Options Chain | 8.30 | 8.55 | 1.63 | 5.00 | 0.33 | 0.64 | 2290 | 169 | -0.29 | -0.15 | 172.80 | 150.00 | 3/20/2026 | Yes | 7 | 61 | None | |
| NEM | Newmont Corp | Options Chain | 5.50 | 6.00 | 1.57 | 5.00 | 0.31 | 0.60 | 96 | 179 | -0.29 | -0.10 | 131.95 | 115.00 | 3/20/2026 | Yes | 13 | 63 | None | |
| NUE | Nucor Corp | Options Chain | 4.50 | 5.50 | 1.55 | 5.00 | 0.31 | 0.36 | 18 | 69 | -0.30 | -0.09 | 173.18 | 170.00 | 3/20/2026 | No | 10 | 60 | None | |
| A | Agilent Technologies Inc | Options Chain | 2.30 | 4.10 | 1.50 | 5.00 | 0.30 | 0.35 | 18 | 1 | -0.27 | -0.07 | 133.87 | 125.00 | 3/20/2026 | Yes | 11 | 57 | None | |
| AES | AES Corp | Options Chain | 0.48 | 0.55 | 0.30 | 1.00 | 0.30 | 0.42 | 59 | 5 | -0.30 | -0.01 | 15.19 | 14.00 | 3/20/2026 | Yes | 11 | 51 | None | |
| TGT | Target Corp | Options Chain | 3.40 | 3.55 | 1.48 | 5.00 | 0.30 | 0.44 | 380 | 193 | -0.30 | -0.05 | 101.74 | 95.00 | 3/20/2026 | Yes | 12 | 66 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.95 | 7.60 | 1.43 | 5.00 | 0.29 | 0.31 | 200 | 56 | -0.30 | -0.13 | 294.16 | 290.00 | 3/20/2026 | Yes | 11 | 68 | None | |
| GLW | Corning Inc | Options Chain | 3.25 | 3.45 | 0.71 | 2.50 | 0.28 | 0.45 | 49 | 26 | -0.29 | -0.06 | 104.44 | 95.00 | 3/20/2026 | Yes | 11 | 57 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.40 | 2.60 | 1.40 | 5.00 | 0.28 | 0.50 | 400 | 840 | -0.29 | -0.05 | 63.63 | 60.00 | 3/20/2026 | No | 11 | 55 | None | |
| HUM | Humana Inc | Options Chain | 6.80 | 7.90 | 1.35 | 5.00 | 0.27 | 0.53 | 62 | 21 | -0.29 | -0.14 | 194.01 | 180.00 | 3/20/2026 | Yes | 14 | 61 | None | |
| NVO | Novo Nordisk | Options Chain | 2.22 | 2.35 | 1.33 | 5.00 | 0.27 | 0.49 | 185 | 224 | -0.30 | -0.04 | 60.33 | 55.00 | 3/20/2026 | Yes | 14 | 60 | None | |
| DOW | Dow Inc | Options Chain | 0.96 | 1.05 | 0.66 | 2.50 | 0.26 | 0.47 | 182 | 329 | -0.27 | -0.01 | 27.78 | 25.00 | 3/20/2026 | Yes | 10 | 48 | None | |
| CAT | Caterpillar Inc | Options Chain | 13.40 | 14.05 | 2.55 | 10.00 | 0.26 | 0.33 | 56 | 22 | -0.27 | -0.32 | 644.76 | 620.00 | 3/20/2026 | Yes | 9 | 61 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.80 | 4.00 | 1.25 | 5.00 | 0.25 | 0.40 | 129 | 34 | -0.27 | -0.08 | 152.70 | 140.00 | 3/20/2026 | Yes | 10 | 64 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 4.00 | 5.00 | 1.25 | 5.00 | 0.25 | 0.37 | 2 | 12 | -0.30 | -0.08 | 160.27 | 155.00 | 3/20/2026 | Yes | 11 | 71 | None | |
| STM | ST Microelectronics | Options Chain | 0.70 | 0.80 | 0.25 | 1.00 | 0.25 | 0.44 | 32 | 41 | -0.25 | -0.02 | 30.33 | 26.00 | 3/20/2026 | Yes | 12 | 48 | None | |
| BCS | Barclays plc | Options Chain | 0.65 | 0.80 | 0.25 | 1.00 | 0.25 | 0.36 | 25 | 0 | -0.30 | -0.01 | 26.55 | 25.00 | 3/20/2026 | Yes | 15 | 56 | None | |
| COP | Conoco Phillips | Options Chain | 1.97 | 2.09 | 0.60 | 2.50 | 0.24 | 0.31 | 85 | 53 | -0.26 | -0.03 | 101.45 | 97.50 | 3/20/2026 | Yes | 9 | 69 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.25 | 2.35 | 0.60 | 2.50 | 0.24 | 0.35 | 7 | 11 | -0.26 | -0.03 | 93.37 | 87.50 | 3/20/2026 | Yes | 12 | 72 | None | |
| FAST | Fastenal Company | Options Chain | 0.65 | 0.85 | 0.30 | 1.25 | 0.24 | 0.27 | 2 | 10 | -0.28 | -0.02 | 43.62 | 41.25 | 3/20/2026 | No | 15 | 54 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.95 | 1.10 | 0.23 | 1.00 | 0.23 | 0.33 | 2 | 4 | -0.29 | -0.02 | 42.30 | 40.00 | 3/20/2026 | No | 10 | 64 | None | |
| CHRW | C.H. Robinson Worldwide Inc | Options Chain | 2.55 | 3.50 | 1.13 | 5.00 | 0.23 | 0.30 | 2 | 5 | -0.23 | -0.06 | 197.00 | 180.00 | 3/20/2026 | Yes | 11 | 61 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 7.00 | 8.00 | 2.25 | 10.00 | 0.23 | 0.39 | 166 | 365 | -0.25 | -0.18 | 342.30 | 310.00 | 3/20/2026 | No | 20 | 62 |
Dividend Stock List |
|
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.70 | 1.95 | 0.55 | 2.50 | 0.22 | 0.31 | 2 | 6 | -0.29 | -0.03 | 82.73 | 77.50 | 3/20/2026 | Yes | 13 | 59 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.44 | 0.48 | 0.22 | 1.00 | 0.22 | 0.14 | 43 | 140 | -0.26 | 0.00 | 33.46 | 33.00 | 3/20/2026 | Yes | 9 | 58 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.60 | 0.22 | 1.00 | 0.22 | 0.41 | 4 | 43 | -0.30 | -0.01 | 15.54 | 15.00 | 3/20/2026 | Yes | 8 | 57 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.05 | 1.30 | 0.53 | 2.50 | 0.21 | 0.30 | 0 | 2 | -0.26 | -0.02 | 67.40 | 62.50 | 3/20/2026 | Yes | 14 | 54 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.76 | 1.26 | 0.53 | 2.50 | 0.21 | 0.40 | 358 | 87 | -0.27 | -0.02 | 39.90 | 37.50 | 3/20/2026 | Yes | 9 | 64 | None | |
| GM | General Motors Company | Options Chain | 1.54 | 1.69 | 0.52 | 2.50 | 0.21 | 0.33 | 193 | 71 | -0.23 | -0.03 | 84.90 | 80.00 | 3/20/2026 | No | 10 | 60 | None | |
| CARR | Carrier Global Corp | Options Chain | 1.30 | 1.60 | 0.52 | 2.50 | 0.21 | 0.39 | 13 | 0 | -0.26 | -0.03 | 57.45 | 55.00 | 3/20/2026 | Yes | 13 | 62 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 4.45 | 4.65 | 2.04 | 10.00 | 0.20 | 0.31 | 471 | 504 | -0.23 | -0.11 | 294.02 | 270.00 | 3/20/2026 | No | 12 | 67 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.01 | 1.05 | 0.51 | 2.50 | 0.20 | 0.35 | 296 | 1205 | -0.27 | -0.02 | 44.83 | 42.50 | 3/20/2026 | Yes | 7 | 53 | None | |
| V | Visa Inc - Class A | Options Chain | 4.45 | 5.85 | 1.00 | 5.00 | 0.20 | 0.26 | 40 | 72 | -0.26 | -0.11 | 326.98 | 315.00 | 3/20/2026 | Yes | 9 | 69 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.45 | 1.60 | 0.50 | 2.50 | 0.20 | 0.39 | 78 | 88 | -0.22 | -0.02 | 70.43 | 65.00 | 3/20/2026 | Yes | 10 | 64 | None | |
| HPQ | HP Inc | Options Chain | 0.48 | 0.52 | 0.20 | 1.00 | 0.20 | 0.50 | 66 | 371 | -0.22 | -0.01 | 19.05 | 17.00 | 3/20/2026 | Yes | 9 | 39 | None | |
| HAL | Halliburton Company | Options Chain | 0.66 | 0.85 | 0.20 | 1.00 | 0.20 | 0.39 | 14 | 86 | -0.24 | -0.02 | 33.36 | 31.00 | 3/20/2026 | No | 7 | 56 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.84 | 0.87 | 0.20 | 1.00 | 0.20 | 0.26 | 204 | 3098 | -0.27 | -0.02 | 51.68 | 50.00 | 3/20/2026 | No | 12 | 74 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.54 | 0.59 | 0.30 | 1.50 | 0.20 | 0.32 | 65 | 27 | -0.25 | -0.01 | 28.41 | 27.50 | 3/20/2026 | Yes | 13 | 68 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.43 | 1.48 | 0.48 | 2.50 | 0.19 | 0.27 | 323 | 222 | -0.28 | -0.03 | 88.03 | 85.00 | 3/20/2026 | No | 12 | 75 | None | |
| JCI | Johnson Controls International plc | Options Chain | 1.75 | 2.35 | 0.95 | 5.00 | 0.19 | 0.35 | 1 | 7 | -0.22 | -0.05 | 116.74 | 110.00 | 3/20/2026 | Yes | 9 | 59 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.20 | 4.35 | 0.95 | 5.00 | 0.19 | 0.25 | 69 | 2265 | -0.26 | -0.11 | 300.77 | 290.00 | 3/20/2026 | No | 9 | 79 | None | |
| SYK | Stryker Corp | Options Chain | 4.00 | 5.90 | 1.87 | 10.00 | 0.19 | 0.28 | 22 | 0 | -0.23 | -0.13 | 357.83 | 330.00 | 3/20/2026 | Yes | 8 | 64 | None | |
| WMT | Walmart Inc | Options Chain | 1.91 | 1.98 | 0.92 | 5.00 | 0.18 | 0.29 | 347 | 24 | -0.25 | -0.05 | 116.57 | 110.00 | 3/20/2026 | Yes | 9 | 57 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.40 | 1.61 | 0.46 | 2.50 | 0.18 | 0.40 | 74 | 33 | -0.24 | -0.03 | 66.00 | 60.00 | 3/20/2026 | No | 11 | 57 | None | |
| MS | Morgan Stanley | Options Chain | 2.91 | 3.05 | 0.91 | 5.00 | 0.18 | 0.29 | 29 | 26 | -0.25 | -0.06 | 182.34 | 170.00 | 3/20/2026 | No | 12 | 75 | None | |
| ICE | Intercontinental Exchange Inc | Options Chain | 2.30 | 2.60 | 0.90 | 5.00 | 0.18 | 0.24 | 2 | 0 | -0.27 | -0.06 | 172.44 | 165.00 | 3/20/2026 | Yes | 8 | 64 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.20 | 1.27 | 0.45 | 2.50 | 0.18 | 0.31 | 93 | 18 | -0.22 | -0.03 | 78.69 | 72.50 | 3/20/2026 | Yes | 10 | 65 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.50 | 0.63 | 0.18 | 1.00 | 0.18 | 0.24 | 59 | 142 | -0.25 | -0.01 | 39.32 | 38.00 | 3/20/2026 | Yes | 15 | 73 | None | |
| EQNR | Equinor ASA | Options Chain | 0.45 | 0.60 | 0.18 | 1.00 | 0.18 | 0.32 | 5 | 1 | -0.26 | -0.01 | 26.24 | 25.00 | 3/20/2026 | Yes | 11 | 54 | None | |
| T | AT&T Inc | Options Chain | 0.35 | 0.41 | 0.18 | 1.00 | 0.18 | 0.22 | 857 | 14891 | -0.29 | -0.01 | 24.07 | 24.00 | 3/20/2026 | Yes | 10 | 60 | None | |
| LVS | Las Vegas Sands Corp | Options Chain | 0.96 | 1.09 | 0.44 | 2.50 | 0.18 | 0.38 | 44 | 62 | -0.23 | -0.02 | 61.26 | 47.50 | 3/20/2026 | Yes | 8 | 57 | None | |
| MO | Altria Group Inc | Options Chain | 0.73 | 0.81 | 0.44 | 2.50 | 0.18 | 0.20 | 602 | 52 | -0.26 | -0.02 | 63.13 | 57.50 | 3/20/2026 | Yes | 9 | 60 | None | |
| SLB | SLB | Options Chain | 1.00 | 1.03 | 0.43 | 2.50 | 0.17 | 0.34 | 130 | 271 | -0.25 | -0.02 | 48.87 | 45.00 | 3/20/2026 | No | 9 | 57 | None | |
| F | Ford Motor Company | Options Chain | 0.30 | 0.31 | 0.17 | 1.00 | 0.17 | 0.35 | 406 | 21 | -0.26 | 0.00 | 13.82 | 13.00 | 3/20/2026 | Yes | 12 | 49 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.45 | 0.55 | 0.17 | 1.00 | 0.17 | 0.39 | 0 | 18 | -0.28 | -0.01 | 19.81 | 19.00 | 3/20/2026 | Yes | 11 | 55 | None | |
| NDAQ | Nasdaq Inc - 144A | Options Chain | 1.00 | 1.40 | 0.42 | 2.50 | 0.17 | 0.21 | 0 | 20 | -0.25 | -0.03 | 98.71 | 92.50 | 3/20/2026 | Yes | 9 | 66 | None | |
| C | Citigroup Inc | Options Chain | 1.79 | 1.89 | 0.82 | 5.00 | 0.16 | 0.32 | 53 | 34 | -0.22 | -0.04 | 114.18 | 105.00 | 3/20/2026 | No | 14 | 77 | None | |
| EXC | Exelon Corp | Options Chain | 0.45 | 0.55 | 0.15 | 1.00 | 0.15 | 0.22 | 1 | 0 | -0.24 | -0.01 | 44.76 | 42.00 | 3/20/2026 | Yes | 9 | 61 | None |