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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMKR | AMKOR Technology Inc | Options Chain | 2.10 | 2.55 | 0.38 | 1.00 | 0.38 | 0.77 | 2 | 1 | -0.28 | -0.05 | 46.00 | 39.00 | 3/20/2026 | Yes | 13 | 51 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 25.60 | 29.90 | 3.72 | 10.00 | 0.37 | 0.35 | 44 | 220 | -0.30 | -0.55 | 1,107.12 | 1,050.00 | 3/20/2026 | Yes | 10 | 63 | None | |
| INFY | Infosys Ltd | Options Chain | 0.20 | 0.90 | 0.37 | 1.00 | 0.37 | 0.39 | 56 | 50 | -0.23 | -0.01 | 17.38 | 15.00 | 3/20/2026 | No | 14 | 57 | None | |
| AMAT | Applied Materials Inc | Options Chain | 12.05 | 13.05 | 3.17 | 10.00 | 0.32 | 0.62 | 367 | 113 | -0.28 | -0.25 | 317.50 | 270.00 | 3/20/2026 | Yes | 13 | 66 | None | |
| ORCL | Oracle Corp | Options Chain | 6.60 | 6.85 | 1.53 | 5.00 | 0.31 | 0.72 | 2186 | 313 | -0.27 | -0.15 | 154.67 | 130.00 | 3/20/2026 | Yes | 7 | 60 | None | |
| INTU | Intuit Inc | Options Chain | 18.00 | 18.80 | 3.05 | 10.00 | 0.30 | 0.58 | 239 | 30 | -0.29 | -0.40 | 445.64 | 410.00 | 3/20/2026 | Yes | 10 | 63 | None | |
| EL | Estee Lauder Cos. Inc - Class A | Options Chain | 3.55 | 4.85 | 1.51 | 5.00 | 0.30 | 0.52 | 79 | 7 | -0.28 | -0.08 | 116.27 | 110.00 | 3/20/2026 | Yes | 4 | 47 | None | |
| HAL | Halliburton Company | Options Chain | 0.82 | 1.06 | 0.30 | 1.00 | 0.30 | 0.42 | 87 | 0 | -0.30 | -0.02 | 33.87 | 32.00 | 3/20/2026 | No | 7 | 56 | None | |
| VST | Vistra Corp | Options Chain | 5.60 | 6.25 | 1.48 | 5.00 | 0.30 | 0.60 | 53 | 118 | -0.29 | -0.12 | 142.52 | 130.00 | 3/20/2026 | Yes | 8 | 58 | None | |
| COST | Costco Wholesale Corp | Options Chain | 17.90 | 19.05 | 1.45 | 5.00 | 0.29 | 0.27 | 42 | 17 | -0.30 | -0.44 | 977.92 | 940.00 | 3/20/2026 | Yes | 14 | 62 | None | |
| AVGO | Broadcom Inc | Options Chain | 12.90 | 13.25 | 2.88 | 10.00 | 0.29 | 0.62 | 1313 | 470 | -0.28 | -0.27 | 317.10 | 280.00 | 3/20/2026 | Yes | 9 | 65 | None | |
| EBAY | EBay Inc | Options Chain | 2.76 | 3.10 | 0.72 | 2.50 | 0.29 | 0.53 | 93 | 13 | -0.25 | -0.06 | 92.38 | 80.00 | 3/20/2026 | Yes | 9 | 66 | None | |
| NEM | Newmont Corp | Options Chain | 3.95 | 4.65 | 1.40 | 5.00 | 0.28 | 0.59 | 92 | 1766 | -0.27 | -0.09 | 118.70 | 105.00 | 3/20/2026 | Yes | 18 | 71 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.98 | 1.29 | 0.68 | 2.50 | 0.27 | 0.28 | 545 | 359 | -0.28 | -0.03 | 56.15 | 55.00 | 3/20/2026 | Yes | 10 | 54 | None | |
| NVT | nVent Electric plc | Options Chain | 3.20 | 5.80 | 1.35 | 5.00 | 0.27 | 0.60 | 1 | 5 | -0.27 | -0.09 | 119.43 | 105.00 | 3/20/2026 | Yes | 8 | 59 | None | |
| TGT | Target Corp | Options Chain | 3.45 | 3.65 | 1.35 | 5.00 | 0.27 | 0.46 | 57 | 74 | -0.28 | -0.06 | 111.31 | 105.00 | 3/20/2026 | Yes | 9 | 57 | None | |
| NUE | Nucor Corp | Options Chain | 4.40 | 5.40 | 1.35 | 5.00 | 0.27 | 0.37 | 2 | 56 | -0.29 | -0.11 | 186.00 | 180.00 | 3/20/2026 | No | 11 | 61 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 4.30 | 5.00 | 1.32 | 5.00 | 0.26 | 0.60 | 58 | 73 | -0.26 | -0.10 | 117.15 | 110.00 | 3/20/2026 | Yes | 13 | 55 | None | |
| MSFT | Microsoft Corporation | Options Chain | 7.70 | 7.85 | 1.30 | 5.00 | 0.26 | 0.29 | 1312 | 2962 | -0.29 | -0.18 | 412.10 | 395.00 | 3/20/2026 | No | 11 | 65 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 4.80 | 5.30 | 1.30 | 5.00 | 0.26 | 0.36 | 7 | 767 | -0.30 | -0.10 | 195.92 | 185.00 | 3/20/2026 | Yes | 12 | 71 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.45 | 3.00 | 0.65 | 2.50 | 0.26 | 0.38 | 55 | 4 | -0.29 | -0.04 | 96.37 | 90.00 | 3/20/2026 | Yes | 10 | 63 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 3.90 | 4.50 | 1.27 | 5.00 | 0.25 | 0.48 | 73 | 17 | -0.29 | -0.09 | 146.95 | 120.00 | 3/20/2026 | No | 11 | 60 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.70 | 6.00 | 1.25 | 5.00 | 0.25 | 0.27 | 88 | 197 | -0.29 | -0.14 | 314.65 | 305.00 | 3/20/2026 | No | 8 | 79 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.65 | 0.85 | 0.25 | 1.00 | 0.25 | 0.41 | 0 | 1 | -0.29 | -0.01 | 26.53 | 25.00 | 3/20/2026 | No | 7 | 58 | None | |
| MET | Metlife Inc | Options Chain | 1.45 | 1.95 | 0.62 | 2.50 | 0.25 | 0.30 | 13 | 5 | -0.30 | -0.04 | 77.20 | 75.00 | 3/20/2026 | Yes | 15 | 62 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.00 | 1.25 | 0.60 | 2.50 | 0.24 | 0.43 | 100 | 167 | -0.26 | -0.02 | 41.11 | 40.00 | 3/20/2026 | Yes | 9 | 64 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.68 | 0.79 | 0.24 | 1.00 | 0.24 | 0.53 | 12 | 73 | -0.26 | -0.02 | 21.92 | 21.00 | 3/20/2026 | Yes | 8 | 52 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 7.50 | 8.45 | 2.38 | 10.00 | 0.24 | 0.43 | 321 | 465 | -0.25 | -0.20 | 334.98 | 300.00 | 3/20/2026 | No | 22 | 67 |
Dividend Stock List |
|
| UNH | Unitedhealth Group Inc | Options Chain | 5.65 | 6.15 | 2.37 | 10.00 | 0.24 | 0.33 | 1037 | 1068 | -0.29 | -0.12 | 275.92 | 260.00 | 3/20/2026 | No | 10 | 58 | None | |
| COP | Conoco Phillips | Options Chain | 1.89 | 2.11 | 0.59 | 2.50 | 0.24 | 0.33 | 344 | 479 | -0.25 | -0.04 | 101.99 | 100.00 | 3/20/2026 | Yes | 7 | 60 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.40 | 3.65 | 1.17 | 5.00 | 0.23 | 0.45 | 8534 | 385 | -0.24 | -0.08 | 147.18 | 135.00 | 3/20/2026 | Yes | 12 | 69 | None | |
| RTX | RTX Corp | Options Chain | 3.25 | 3.90 | 1.17 | 5.00 | 0.23 | 0.32 | 62 | 115 | -0.26 | -0.09 | 203.50 | 185.00 | 3/20/2026 | No | 11 | 60 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.75 | 6.15 | 1.17 | 5.00 | 0.23 | 0.34 | 258 | 86 | -0.27 | -0.13 | 294.60 | 270.00 | 3/20/2026 | No | 12 | 71 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.90 | 1.15 | 0.23 | 1.00 | 0.23 | 0.35 | 1 | 6 | -0.29 | -0.02 | 42.15 | 41.00 | 3/20/2026 | No | 10 | 68 | None | |
| RF | Regions Financial Corp | Options Chain | 0.50 | 0.75 | 0.23 | 1.00 | 0.23 | 0.29 | 1338 | 1274 | -0.30 | -0.01 | 29.83 | 29.00 | 3/20/2026 | No | 15 | 69 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 5.50 | 6.40 | 2.30 | 10.00 | 0.23 | 0.42 | 26 | 42 | -0.28 | -0.13 | 218.99 | 210.00 | 3/20/2026 | No | 11 | 72 | None | |
| MCD | McDonald`s Corp | Options Chain | 4.35 | 4.75 | 1.15 | 5.00 | 0.23 | 0.23 | 36 | 22 | -0.28 | -0.10 | 320.14 | 310.00 | 3/20/2026 | Yes | 10 | 65 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 3.40 | 4.20 | 1.12 | 5.00 | 0.22 | 0.40 | 18 | 5 | -0.25 | -0.08 | 162.88 | 155.00 | 3/20/2026 | Yes | 11 | 69 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.45 | 2.67 | 1.12 | 5.00 | 0.22 | 0.27 | 1231 | 721 | -0.28 | -0.05 | 143.79 | 140.00 | 3/20/2026 | Yes | 11 | 73 | None | |
| FAST | Fastenal Company | Options Chain | 0.60 | 0.75 | 0.28 | 1.25 | 0.22 | 0.24 | 4 | 0 | -0.26 | -0.02 | 46.34 | 46.25 | 3/20/2026 | No | 15 | 53 | None | |
| SHEL | Shell Plc ADR (Representing - ) | Options Chain | 1.15 | 1.25 | 0.55 | 2.50 | 0.22 | 0.24 | 71 | 2 | -0.27 | -0.02 | 77.63 | 75.00 | 3/20/2026 | Yes | 16 | 72 | None | |
| PRU | Prudential Financial Inc | Options Chain | 1.80 | 2.30 | 0.55 | 2.50 | 0.22 | 0.28 | 47 | 95 | -0.30 | -0.03 | 106.00 | 97.50 | 3/20/2026 | No | 16 | 71 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.46 | 0.50 | 0.22 | 1.00 | 0.22 | 0.24 | 133 | 233 | -0.30 | -0.01 | 30.06 | 29.00 | 3/20/2026 | No | 9 | 59 | None | |
| GM | General Motors Company | Options Chain | 1.61 | 1.73 | 0.54 | 2.50 | 0.22 | 0.36 | 140 | 50 | -0.25 | -0.05 | 85.71 | 80.00 | 3/20/2026 | No | 11 | 66 | None | |
| MMM | 3M Company | Options Chain | 2.50 | 2.83 | 1.06 | 5.00 | 0.21 | 0.28 | 34 | 67 | -0.28 | -0.07 | 163.79 | 155.00 | 3/20/2026 | No | 8 | 63 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.65 | 2.00 | 0.52 | 2.50 | 0.21 | 0.44 | 62 | 92 | -0.26 | -0.04 | 70.44 | 65.00 | 3/20/2026 | No | 15 | 67 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.22 | 1.46 | 0.50 | 2.50 | 0.20 | 0.27 | 82 | 36 | -0.28 | -0.03 | 88.82 | 85.00 | 3/20/2026 | No | 6 | 70 | None | |
| CARR | Carrier Global Corp | Options Chain | 1.65 | 2.00 | 0.50 | 2.50 | 0.20 | 0.40 | 36 | 40 | -0.30 | -0.04 | 61.20 | 60.00 | 3/20/2026 | Yes | 11 | 62 | None | |
| EQNR | Equinor ASA | Options Chain | 0.45 | 0.60 | 0.20 | 1.00 | 0.20 | 0.32 | 4 | 66 | -0.26 | -0.01 | 26.34 | 25.00 | 3/20/2026 | Yes | 9 | 45 | None | |
| HPQ | HP Inc | Options Chain | 0.50 | 0.75 | 0.20 | 1.00 | 0.20 | 0.51 | 205 | 199 | -0.29 | -0.01 | 19.10 | 18.00 | 3/20/2026 | Yes | 12 | 51 | None | |
| F | Ford Motor Company | Options Chain | 0.33 | 0.35 | 0.20 | 1.00 | 0.20 | 0.35 | 143 | 872 | -0.30 | -0.01 | 13.73 | 13.00 | 3/20/2026 | Yes | 12 | 49 | None | |
| C | Citigroup Inc | Options Chain | 2.15 | 2.31 | 0.98 | 5.00 | 0.20 | 0.34 | 219 | 220 | -0.25 | -0.06 | 117.71 | 110.00 | 3/20/2026 | No | 14 | 69 | None | |
| WMT | Walmart Inc | Options Chain | 2.22 | 2.27 | 0.98 | 5.00 | 0.20 | 0.32 | 4765 | 924 | -0.25 | -0.06 | 128.40 | 120.00 | 3/20/2026 | Yes | 9 | 57 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.18 | 1.32 | 0.49 | 2.50 | 0.20 | 0.33 | 173 | 42 | -0.23 | -0.04 | 83.49 | 75.00 | 3/20/2026 | Yes | 9 | 64 | None | |
| SLB | SLB | Options Chain | 1.02 | 1.08 | 0.49 | 2.50 | 0.20 | 0.37 | 177 | 227 | -0.26 | -0.02 | 51.35 | 47.50 | 3/20/2026 | No | 9 | 65 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.46 | 1.57 | 0.49 | 2.50 | 0.20 | 0.29 | 84 | 36 | -0.27 | -0.04 | 93.14 | 87.50 | 3/20/2026 | No | 11 | 66 | None | |
| UL | Unilever plc | Options Chain | 0.90 | 1.05 | 0.48 | 2.50 | 0.19 | 0.23 | 219 | 219 | -0.28 | -0.02 | 67.95 | 67.50 | 3/20/2026 | Yes | 9 | 65 | None | |
| VALE | Vale S.A. | Options Chain | 0.22 | 0.46 | 0.19 | 1.00 | 0.19 | 0.47 | 50 | 1 | -0.16 | 0.00 | 17.03 | 15.00 | 3/20/2026 | Yes | 10 | 67 | None | |
| EQT | EQT Corp | Options Chain | 1.00 | 1.08 | 0.46 | 2.50 | 0.18 | 0.42 | 20 | 1 | -0.21 | -0.03 | 55.60 | 50.00 | 3/20/2026 | Yes | 12 | 68 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.80 | 0.98 | 0.46 | 2.50 | 0.18 | 0.25 | 62 | 43 | -0.28 | -0.01 | 53.55 | 52.50 | 3/20/2026 | No | 14 | 75 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.38 | 1.51 | 0.91 | 5.00 | 0.18 | 0.50 | 2571 | 682 | -0.21 | -0.04 | 64.67 | 55.00 | 3/20/2026 | No | 11 | 57 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.53 | 0.60 | 0.27 | 1.50 | 0.18 | 0.30 | 51 | 3042 | -0.29 | -0.02 | 29.93 | 29.00 | 3/20/2026 | No | 14 | 66 | None | |
| BCS | Barclays plc | Options Chain | 0.35 | 0.60 | 0.18 | 1.00 | 0.18 | 0.38 | 1 | 1 | -0.22 | -0.01 | 27.99 | 24.00 | 3/20/2026 | Yes | 13 | 47 | None | |
| AXP | American Express Company | Options Chain | 5.20 | 5.60 | 1.77 | 10.00 | 0.18 | 0.31 | 51 | 14 | -0.23 | -0.17 | 349.29 | 330.00 | 3/20/2026 | No | 12 | 62 | None | |
| CLX | Clorox Company | Options Chain | 1.25 | 1.80 | 0.88 | 5.00 | 0.18 | 0.28 | 1531 | 26 | -0.20 | -0.06 | 114.98 | 110.00 | 3/20/2026 | No | 12 | 50 | None | |
| AMGN | AMGEN Inc | Options Chain | 5.00 | 6.25 | 0.88 | 5.00 | 0.18 | 0.24 | 44 | 10 | -0.28 | -0.10 | 341.77 | 350.00 | 3/20/2026 | No | 9 | 66 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.89 | 0.94 | 0.43 | 2.50 | 0.17 | 0.28 | 5411 | 393 | -0.27 | -0.02 | 54.42 | 52.50 | 3/20/2026 | No | 12 | 74 | None | |
| T | AT&T Inc | Options Chain | 0.34 | 0.36 | 0.17 | 1.00 | 0.17 | 0.24 | 6686 | 1310 | -0.27 | -0.01 | 26.77 | 26.00 | 3/20/2026 | No | 10 | 58 | None | |
| NDAQ | Nasdaq Inc - 144A | Options Chain | 1.10 | 1.60 | 0.42 | 2.50 | 0.17 | 0.32 | 1 | 22 | -0.22 | -0.04 | 87.71 | 82.50 | 3/20/2026 | No | 11 | 67 | None | |
| TROW | T. Rowe Price Group Inc | Options Chain | 1.45 | 1.80 | 0.80 | 5.00 | 0.16 | 0.36 | 5213 | 123 | -0.21 | -0.05 | 97.02 | 90.00 | 3/20/2026 | Yes | 19 | 66 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.20 | 1.40 | 0.40 | 2.50 | 0.16 | 0.39 | 8 | 12 | -0.22 | -0.02 | 72.79 | 65.00 | 3/20/2026 | Yes | 9 | 56 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.52 | 0.60 | 0.16 | 1.00 | 0.16 | 0.22 | 3241 | 378 | -0.24 | -0.02 | 47.01 | 45.00 | 3/20/2026 | Yes | 15 | 73 | None | |
| JCI | Johnson Controls International plc | Options Chain | 1.40 | 1.85 | 0.78 | 5.00 | 0.16 | 0.30 | 6 | 1 | -0.21 | -0.05 | 123.89 | 120.00 | 3/20/2026 | Yes | 11 | 62 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.80 | 0.87 | 0.39 | 2.50 | 0.16 | 0.38 | 393 | 290 | -0.23 | -0.02 | 45.26 | 42.50 | 3/20/2026 | Yes | 7 | 53 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 0.75 | 1.40 | 0.38 | 2.50 | 0.15 | 0.31 | 1500 | 7 | -0.24 | -0.03 | 74.50 | 70.00 | 3/20/2026 | Yes | 14 | 62 | None | |
| BAH | Booz Allen Hamilton Holding Corp - Class A | Options Chain | 1.25 | 1.80 | 0.75 | 5.00 | 0.15 | 0.46 | 1 | 0 | -0.19 | -0.04 | 84.00 | 75.00 | 3/20/2026 | No | 16 | 53 | None | |
| PPL | PPL Corp | Options Chain | 0.30 | 0.50 | 0.15 | 1.00 | 0.15 | 0.25 | 0 | 1 | -0.24 | -0.01 | 35.52 | 33.00 | 3/20/2026 | Yes | 7 | 60 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.30 | 0.39 | 0.15 | 1.00 | 0.15 | 0.18 | 224 | 12 | -0.25 | -0.01 | 34.62 | 34.00 | 3/20/2026 | No | 9 | 67 | None |