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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DELL | Dell Technologies Inc - Class C | Options Chain | 22.90 | 25.75 | 2.33 | 5.00 | 0.47 | 0.70 | 3 | 0 | -0.30 | -0.54 | 489.03 | 450.00 | 11/27/2026 | Yes | 13 | 59 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.04 | 2.94 | 0.40 | 1.00 | 0.40 | 0.68 | 10 | 13 | -0.28 | -0.07 | 59.14 | 53.00 | 11/27/2026 | No | 12 | 59 | None | |
| ORCL | Oracle Corp | Options Chain | 4.75 | 4.95 | 0.37 | 1.00 | 0.37 | 0.56 | 15 | 68 | -0.30 | -0.12 | 133.02 | 121.00 | 11/27/2026 | No | 8 | 65 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.60 | 3.60 | 0.31 | 1.00 | 0.31 | 0.44 | 0 | 1 | -0.30 | -0.08 | 107.15 | 101.00 | 11/27/2026 | Yes | 10 | 67 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.30 | 6.60 | 1.50 | 5.00 | 0.30 | 0.52 | 0 | 3 | -0.30 | -0.15 | 173.53 | 165.00 | 11/27/2026 | Yes | 12 | 71 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.55 | 8.95 | 1.47 | 5.00 | 0.29 | 0.32 | 35 | 24 | -0.29 | -0.24 | 425.08 | 410.00 | 11/27/2026 | No | 20 | 61 |
Dividend Stock List |
|
| DOW | Dow Inc | Options Chain | 0.58 | 1.15 | 0.28 | 1.00 | 0.28 | 0.37 | 1 | 0 | -0.23 | -0.02 | 30.69 | 28.00 | 11/27/2026 | Yes | 8 | 54 | None | |
| WMT | Walmart Inc | Options Chain | 2.01 | 2.14 | 0.28 | 1.00 | 0.28 | 0.29 | 5 | 21 | -0.29 | -0.06 | 117.85 | 113.00 | 11/27/2026 | Yes | 8 | 55 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.50 | 5.45 | 1.33 | 5.00 | 0.27 | 0.42 | 9 | 3 | -0.25 | -0.13 | 241.12 | 225.00 | 11/27/2026 | Yes | 9 | 66 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.66 | 0.77 | 0.25 | 1.00 | 0.25 | 0.37 | 6 | 7 | -0.25 | -0.02 | 37.88 | 35.00 | 11/27/2026 | No | 12 | 58 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.37 | 0.53 | 0.22 | 1.00 | 0.22 | 0.27 | 1 | 4 | -0.24 | -0.01 | 33.57 | 32.00 | 11/27/2026 | Yes | 8 | 59 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.47 | 0.66 | 0.22 | 1.00 | 0.22 | 0.27 | 3 | 3 | -0.25 | -0.02 | 44.54 | 41.00 | 11/27/2026 | Yes | 10 | 73 | None | |
| T | AT&T Inc | Options Chain | 0.28 | 0.40 | 0.11 | 0.50 | 0.22 | 0.27 | 63 | 1 | -0.29 | -0.01 | 23.42 | 21.00 | 11/27/2026 | Yes | 11 | 60 | None | |
| NEE | NextEra Energy Inc | Options Chain | 0.90 | 1.35 | 0.21 | 1.00 | 0.21 | 0.24 | 2 | 2 | -0.27 | -0.03 | 78.86 | 75.00 | 11/27/2026 | Yes | 7 | 63 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.30 | 0.56 | 0.21 | 1.00 | 0.21 | 0.57 | 0 | 1 | -0.28 | -0.02 | 22.36 | 20.00 | 11/27/2026 | Yes | 11 | 61 | None | |
| RTX | RTX Corp | Options Chain | 1.94 | 2.89 | 0.94 | 5.00 | 0.19 | 0.28 | 0 | 9 | -0.24 | -0.08 | 193.34 | 180.00 | 11/27/2026 | Yes | 12 | 66 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.59 | 0.70 | 0.18 | 1.00 | 0.18 | 0.24 | 10 | 5 | -0.28 | -0.02 | 50.64 | 49.00 | 11/27/2026 | No | 9 | 65 | None | |
| F | Ford Motor Company | Options Chain | 0.16 | 0.27 | 0.08 | 0.50 | 0.16 | 0.37 | 12 | 18 | -0.25 | -0.01 | 12.15 | 11.00 | 11/27/2026 | Yes | 9 | 51 | None |