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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GE | General Electric Company | Options Chain | 4.90 | 7.30 | 1.99 | 5.00 | 0.40 | 0.34 | 0 | 4 | -0.28 | -0.14 | 295.88 | 275.00 | 12/4/2026 | Yes | 11 | 64 | None | |
| KLAC | KLA Corp | Options Chain | 5.10 | 8.10 | 1.95 | 5.00 | 0.39 | 0.59 | 11 | 1 | -0.25 | -0.15 | 163.43 | 135.00 | 12/4/2026 | Yes | 11 | 60 | None | |
| CRM | Salesforce Inc | Options Chain | 6.40 | 8.55 | 1.68 | 5.00 | 0.34 | 0.50 | 2 | 1 | -0.27 | -0.17 | 242.21 | 230.00 | 12/4/2026 | Yes | 15 | 70 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.84 | 2.52 | 0.84 | 2.50 | 0.34 | 0.20 | 2 | 5 | -0.28 | -0.04 | 156.84 | 160.00 | 12/4/2026 | Yes | 10 | 74 | None | |
| QCOM | Qualcomm Inc | Options Chain | 6.20 | 7.30 | 1.52 | 5.00 | 0.30 | 0.54 | 0 | 2 | -0.30 | -0.14 | 177.96 | 160.00 | 12/4/2026 | Yes | 12 | 71 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 20.85 | 23.25 | 1.45 | 5.00 | 0.29 | 0.73 | 14 | 11 | -0.29 | -0.54 | 485.88 | 410.00 | 11/27/2026 | Yes | 13 | 59 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.29 | 0.89 | 0.28 | 1.00 | 0.28 | 0.20 | 6 | 6 | -0.24 | 0.00 | 36.59 | 35.00 | 12/4/2026 | Yes | 9 | 58 | None | |
| VST | Vistra Corp | Options Chain | 4.45 | 5.00 | 1.38 | 5.00 | 0.28 | 0.54 | 97 | 49 | -0.29 | -0.12 | 156.14 | 130.00 | 11/27/2026 | Yes | 7 | 54 | None | |
| IBM | International Business Machines Corp | Options Chain | 3.00 | 6.70 | 1.35 | 5.00 | 0.27 | 0.33 | 5 | 7 | -0.28 | -0.09 | 251.46 | 235.00 | 12/4/2026 | Yes | 9 | 67 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.41 | 0.79 | 0.27 | 1.00 | 0.27 | 0.28 | 0 | 5 | -0.27 | -0.01 | 34.68 | 32.00 | 12/4/2026 | Yes | 10 | 59 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.95 | 7.60 | 1.33 | 5.00 | 0.27 | 0.28 | 0 | 1 | -0.26 | -0.18 | 417.00 | 405.00 | 12/4/2026 | No | 13 | 64 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.70 | 10.40 | 1.32 | 5.00 | 0.26 | 0.35 | 42 | 39 | -0.29 | -0.24 | 431.89 | 390.00 | 12/4/2026 | No | 20 | 61 |
Dividend Stock List |
|
| NVO | Novo Nordisk | Options Chain | 0.77 | 0.93 | 0.26 | 1.00 | 0.26 | 0.37 | 2 | 5 | -0.27 | -0.02 | 39.00 | 37.00 | 12/4/2026 | Yes | 14 | 59 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.40 | 4.50 | 1.25 | 5.00 | 0.25 | 0.26 | 10 | 2 | -0.26 | -0.09 | 258.06 | 255.00 | 12/4/2026 | No | 9 | 66 | None | |
| GLW | Corning Inc | Options Chain | 3.70 | 5.05 | 1.22 | 5.00 | 0.24 | 0.62 | 7 | 47 | -0.25 | -0.11 | 134.92 | 110.00 | 12/4/2026 | Yes | 10 | 54 | None | |
| ACN | Accenture plc - Class A | Options Chain | 4.90 | 7.40 | 1.20 | 5.00 | 0.24 | 0.41 | 1 | 0 | -0.28 | -0.14 | 240.26 | 235.00 | 12/4/2026 | No | 18 | 66 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.57 | 0.70 | 0.24 | 1.00 | 0.24 | 0.26 | 5 | 0 | -0.25 | -0.02 | 50.78 | 48.00 | 12/4/2026 | No | 12 | 74 | None | |
| KO | Coca-Cola Company | Options Chain | 0.91 | 1.33 | 0.24 | 1.00 | 0.24 | 0.22 | 1 | 0 | -0.27 | -0.02 | 92.68 | 91.00 | 12/4/2026 | Yes | 9 | 61 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.82 | 1.08 | 0.24 | 1.00 | 0.24 | 0.38 | 0 | 2 | -0.29 | -0.02 | 37.53 | 36.00 | 12/4/2026 | No | 12 | 58 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.25 | 3.70 | 1.18 | 5.00 | 0.24 | 0.25 | 3 | 8 | -0.27 | -0.08 | 246.25 | 240.00 | 12/4/2026 | Yes | 9 | 59 | None | |
| ORCL | Oracle Corp | Options Chain | 3.25 | 3.35 | 1.06 | 5.00 | 0.21 | 0.60 | 143 | 463 | -0.23 | -0.11 | 129.13 | 110.00 | 11/27/2026 | No | 7 | 65 | None | |
| TGT | Target Corp | Options Chain | 2.53 | 3.75 | 0.99 | 5.00 | 0.20 | 0.42 | 5 | 0 | -0.23 | -0.07 | 152.38 | 140.00 | 12/4/2026 | Yes | 11 | 64 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.19 | 3.10 | 0.98 | 5.00 | 0.20 | 0.30 | 17 | 3 | -0.23 | -0.05 | 178.09 | 165.00 | 12/4/2026 | Yes | 11 | 64 | None | |
| HD | Home Depot Inc | Options Chain | 3.95 | 7.30 | 0.93 | 5.00 | 0.19 | 0.32 | 3 | 0 | -0.26 | -0.13 | 313.80 | 305.00 | 12/4/2026 | Yes | 9 | 61 | None | |
| DOW | Dow Inc | Options Chain | 0.56 | 0.77 | 0.18 | 1.00 | 0.18 | 0.36 | 3 | 2 | -0.28 | -0.01 | 30.38 | 29.00 | 12/4/2026 | Yes | 8 | 54 | None |