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 | 2.55 | 3.20 | 0.53 | 1.00 | 0.53 | 0.74 | 3 | 11 | -0.29 | -0.06 | 53.39 | 47.00 | 11/20/2026 | Yes | 13 | 54 | None | |
| CNP | Centerpoint Energy Inc | Options Chain | 0.40 | 0.90 | 0.45 | 1.00 | 0.45 | 0.25 | 1 | 1 | -0.28 | -0.01 | 38.56 | 37.00 | 11/20/2026 | Yes | 7 | 57 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.25 | 1.60 | 0.40 | 1.00 | 0.40 | 0.49 | 6 | 10 | -0.27 | -0.03 | 45.92 | 41.00 | 11/20/2026 | Yes | 19 | 67 | None | |
| QCOM | Qualcomm Inc | Options Chain | 6.15 | 6.50 | 1.63 | 5.00 | 0.33 | 0.49 | 155 | 173 | -0.30 | -0.13 | 181.03 | 165.00 | 11/20/2026 | Yes | 10 | 63 | None | |
| GLW | Corning Inc | Options Chain | 6.45 | 6.70 | 1.55 | 5.00 | 0.31 | 0.60 | 14 | 34 | -0.28 | -0.14 | 168.97 | 150.00 | 11/20/2026 | Yes | 8 | 52 | None | |
| HPQ | HP Inc | Options Chain | 1.00 | 1.06 | 0.31 | 1.00 | 0.31 | 0.46 | 3 | 3543 | -0.29 | -0.02 | 31.73 | 30.00 | 11/20/2026 | No | 10 | 46 | None | |
| STM | ST Microelectronics | Options Chain | 2.15 | 2.30 | 0.30 | 1.00 | 0.30 | 0.63 | 28 | 0 | -0.26 | -0.05 | 58.72 | 50.00 | 11/20/2026 | Yes | 12 | 53 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.40 | 10.70 | 2.92 | 10.00 | 0.29 | 0.33 | 252 | 451 | -0.29 | -0.25 | 482.30 | 450.00 | 11/20/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| VZ | Verizon Communications Inc | Options Chain | 0.89 | 0.91 | 0.29 | 1.00 | 0.29 | 0.25 | 27 | 3 | -0.27 | -0.01 | 45.98 | 44.00 | 11/20/2026 | Yes | 9 | 73 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.30 | 5.75 | 1.38 | 5.00 | 0.28 | 0.25 | 12 | 73 | -0.29 | -0.13 | 331.28 | 315.00 | 11/20/2026 | Yes | 8 | 71 | None | |
| VST | Vistra Corp | Options Chain | 4.65 | 4.95 | 1.37 | 5.00 | 0.27 | 0.50 | 124 | 104 | -0.26 | -0.12 | 160.50 | 150.00 | 11/20/2026 | Yes | 7 | 54 | None | |
| ORCL | Oracle Corp | Options Chain | 4.25 | 4.35 | 1.36 | 5.00 | 0.27 | 0.52 | 255 | 339 | -0.24 | -0.09 | 144.77 | 130.00 | 11/20/2026 | No | 7 | 62 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.55 | 2.68 | 1.28 | 5.00 | 0.26 | 0.61 | 84 | 223 | -0.25 | -0.06 | 70.48 | 65.00 | 11/20/2026 | No | 12 | 57 | None | |
| CVS | CVS Health Corp | Options Chain | 1.90 | 2.02 | 0.64 | 2.50 | 0.26 | 0.38 | 36 | 1029 | -0.26 | -0.04 | 86.43 | 82.50 | 11/20/2026 | Yes | 13 | 69 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.00 | 1.02 | 0.64 | 2.50 | 0.26 | 0.38 | 892 | 186 | -0.30 | -0.02 | 34.61 | 32.50 | 11/20/2026 | No | 13 | 60 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.18 | 1.27 | 0.63 | 2.50 | 0.25 | 0.37 | 10 | 15 | -0.27 | -0.03 | 48.02 | 45.00 | 11/20/2026 | Yes | 13 | 66 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.95 | 3.15 | 1.25 | 5.00 | 0.25 | 0.41 | 54 | 154 | -0.28 | -0.07 | 117.94 | 110.00 | 11/20/2026 | Yes | 10 | 64 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.80 | 0.85 | 0.25 | 1.00 | 0.25 | 0.33 | 13 | 21 | -0.28 | -0.01 | 37.62 | 35.00 | 11/20/2026 | Yes | 15 | 80 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.97 | 3.10 | 1.24 | 5.00 | 0.25 | 0.30 | 88 | 95 | -0.28 | -0.06 | 164.48 | 155.00 | 11/20/2026 | Yes | 11 | 66 | None | |
| SLB | SLB | Options Chain | 1.12 | 1.20 | 0.62 | 2.50 | 0.25 | 0.37 | 40 | 17 | -0.27 | -0.03 | 50.00 | 45.00 | 11/20/2026 | Yes | 7 | 57 | None | |
| C | Citigroup Inc | Options Chain | 2.57 | 2.71 | 1.21 | 5.00 | 0.24 | 0.31 | 93 | 293 | -0.30 | -0.05 | 128.52 | 120.00 | 11/20/2026 | Yes | 14 | 69 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.60 | 1.75 | 0.60 | 2.50 | 0.24 | 0.33 | 9 | 33 | -0.26 | -0.04 | 87.00 | 80.00 | 11/20/2026 | Yes | 8 | 59 | None | |
| APA | APA Corporation | Options Chain | 1.21 | 1.27 | 0.59 | 2.50 | 0.24 | 0.47 | 2 | 4 | -0.28 | -0.03 | 44.10 | 40.00 | 11/20/2026 | Yes | 10 | 61 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.85 | 1.10 | 0.23 | 1.00 | 0.23 | 0.29 | 3 | 1 | -0.28 | -0.03 | 51.00 | 48.00 | 11/20/2026 | Yes | 7 | 65 | None | |
| PEP | PepsiCo Inc | Options Chain | 1.88 | 2.03 | 1.12 | 5.00 | 0.22 | 0.24 | 19 | 86 | -0.30 | -0.05 | 125.71 | 120.00 | 11/20/2026 | Yes | 9 | 57 | None | |
| GIS | General Mills Inc | Options Chain | 0.70 | 0.75 | 0.53 | 2.50 | 0.21 | 0.32 | 100 | 33 | -0.26 | -0.01 | 32.18 | 30.00 | 11/20/2026 | No | 6 | 53 | None | |
| MS | Morgan Stanley | Options Chain | 3.10 | 3.30 | 1.05 | 5.00 | 0.21 | 0.33 | 13 | 30 | -0.25 | -0.07 | 191.02 | 175.00 | 11/20/2026 | Yes | 9 | 67 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.49 | 0.53 | 0.21 | 1.00 | 0.21 | 0.26 | 12 | 0 | -0.27 | -0.01 | 32.16 | 30.00 | 11/20/2026 | Yes | 10 | 59 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.26 | 1.33 | 0.51 | 2.50 | 0.20 | 0.30 | 349 | 41 | -0.25 | -0.03 | 81.51 | 75.00 | 11/20/2026 | Yes | 16 | 74 | None | |
| EIX | Edison International | Options Chain | 1.00 | 1.10 | 0.50 | 2.50 | 0.20 | 0.39 | 38 | 3 | -0.22 | -0.03 | 54.25 | 50.00 | 11/20/2026 | Yes | 10 | 53 | None | |
| EXC | Exelon Corp | Options Chain | 0.50 | 0.60 | 0.20 | 1.00 | 0.20 | 0.23 | 12 | 1 | -0.28 | -0.01 | 41.74 | 40.00 | 11/20/2026 | Yes | 11 | 69 | None | |
| LUV | Southwest Airlines Company | Options Chain | 0.70 | 0.79 | 0.49 | 2.50 | 0.20 | 0.44 | 2 | 0 | -0.20 | -0.02 | 42.44 | 37.50 | 11/20/2026 | Yes | 10 | 54 | None | |
| T | AT&T Inc | Options Chain | 0.36 | 0.41 | 0.19 | 1.00 | 0.19 | 0.29 | 49 | 12 | -0.22 | -0.01 | 24.43 | 23.00 | 11/20/2026 | Yes | 10 | 60 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.66 | 0.79 | 0.46 | 2.50 | 0.18 | 0.28 | 3 | 0 | -0.22 | -0.02 | 57.29 | 52.50 | 11/20/2026 | Yes | 13 | 66 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.97 | 1.03 | 0.46 | 2.50 | 0.18 | 0.35 | 5 | 3 | -0.23 | -0.03 | 59.59 | 55.00 | 11/20/2026 | Yes | 11 | 54 | None | |
| PPL | PPL Corp | Options Chain | 0.20 | 0.55 | 0.18 | 1.00 | 0.18 | 0.21 | 1 | 0 | -0.23 | -0.01 | 33.81 | 32.00 | 11/20/2026 | Yes | 9 | 69 | None | |
| BCS | Barclays plc | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.39 | 0 | 1 | -0.23 | -0.01 | 23.67 | 21.00 | 11/20/2026 | Yes | 18 | 67 | None | |
| KO | Coca-Cola Company | Options Chain | 0.91 | 0.97 | 0.44 | 2.50 | 0.18 | 0.22 | 14 | 24 | -0.23 | -0.03 | 86.17 | 82.50 | 11/20/2026 | Yes | 9 | 61 | None | |
| NVO | Novo Nordisk | Options Chain | 0.67 | 0.69 | 0.43 | 2.50 | 0.17 | 0.39 | 229 | 6 | -0.22 | -0.02 | 37.53 | 35.00 | 11/20/2026 | Yes | 14 | 59 | None | |
| NEE | NextEra Energy Inc | Options Chain | 0.90 | 0.99 | 0.43 | 2.50 | 0.17 | 0.26 | 4 | 27 | -0.23 | -0.03 | 77.88 | 72.50 | 11/20/2026 | Yes | 7 | 63 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.61 | 0.66 | 0.17 | 1.00 | 0.17 | 0.28 | 315 | 12 | -0.21 | -0.02 | 54.09 | 50.00 | 11/20/2026 | Yes | 14 | 74 | None | |
| F | Ford Motor Company | Options Chain | 0.24 | 0.25 | 0.17 | 1.00 | 0.17 | 0.40 | 103 | 38 | -0.24 | -0.01 | 12.28 | 11.00 | 11/20/2026 | Yes | 9 | 51 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.55 | 0.75 | 0.17 | 1.00 | 0.17 | 0.37 | 0 | 8 | -0.26 | -0.01 | 30.38 | 28.00 | 11/20/2026 | Yes | 7 | 58 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.70 | 0.80 | 0.40 | 2.50 | 0.16 | 0.31 | 9 | 1 | -0.26 | -0.02 | 46.25 | 42.50 | 11/20/2026 | Yes | 15 | 79 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.32 | 0.35 | 0.16 | 1.00 | 0.16 | 0.38 | 36 | 5013 | -0.19 | -0.01 | 21.56 | 19.00 | 11/20/2026 | Yes | 12 | 61 | None | |
| DOW | Dow Inc | Options Chain | 0.51 | 0.63 | 0.39 | 2.50 | 0.16 | 0.45 | 3 | 0 | -0.19 | -0.02 | 28.16 | 25.00 | 11/20/2026 | Yes | 8 | 53 | None |