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 | 3.50 | 3.80 | 0.40 | 1.00 | 0.40 | 0.91 | 48 | 11 | -0.30 | -0.06 | 49.30 | 45.00 | 9/18/2026 | No | 14 | 51 | None | |
| COST | Costco Wholesale Corp | Options Chain | 15.20 | 16.20 | 1.90 | 5.00 | 0.38 | 0.24 | 17 | 16 | -0.29 | -0.37 | 951.74 | 920.00 | 9/18/2026 | No | 14 | 58 | None | |
| AVGO | Broadcom Inc | Options Chain | 14.80 | 16.55 | 1.80 | 5.00 | 0.36 | 0.56 | 13 | 10 | -0.30 | -0.36 | 387.45 | 365.00 | 9/11/2026 | Yes | 13 | 64 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.65 | 1.90 | 0.35 | 1.00 | 0.35 | 0.56 | 33 | 1 | -0.29 | -0.03 | 42.98 | 40.00 | 9/18/2026 | Yes | 13 | 55 | None | |
| GLW | Corning Inc | Options Chain | 8.15 | 8.70 | 1.68 | 5.00 | 0.34 | 0.80 | 51 | 74 | -0.28 | -0.16 | 138.25 | 130.00 | 9/18/2026 | No | 10 | 54 | None | |
| ORCL | Oracle Corp | Options Chain | 7.25 | 7.75 | 1.65 | 5.00 | 0.33 | 0.78 | 595 | 3384 | -0.27 | -0.15 | 129.17 | 125.00 | 9/18/2026 | Yes | 10 | 71 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 5.60 | 6.30 | 1.55 | 5.00 | 0.31 | 0.52 | 15 | 41 | -0.29 | -0.12 | 159.38 | 150.00 | 9/18/2026 | No | 8 | 58 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.34 | 1.58 | 0.74 | 2.50 | 0.30 | 0.31 | 150 | 465 | -0.30 | -0.03 | 65.31 | 62.50 | 9/18/2026 | No | 11 | 60 | None | |
| CRM | Salesforce Inc | Options Chain | 5.90 | 6.45 | 1.45 | 5.00 | 0.29 | 0.51 | 147 | 75 | -0.27 | -0.13 | 183.44 | 170.00 | 9/18/2026 | Yes | 15 | 70 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.95 | 5.50 | 1.43 | 5.00 | 0.29 | 0.58 | 98 | 548 | -0.25 | -0.11 | 147.28 | 135.00 | 9/18/2026 | No | 11 | 64 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.05 | 6.70 | 1.43 | 5.00 | 0.29 | 0.42 | 122 | 146 | -0.29 | -0.12 | 222.70 | 210.00 | 9/18/2026 | No | 9 | 66 | None | |
| MSFT | Microsoft Corporation | Options Chain | 10.90 | 11.40 | 1.42 | 5.00 | 0.28 | 0.31 | 1114 | 1769 | -0.30 | -0.21 | 487.65 | 465.00 | 9/18/2026 | No | 11 | 66 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.17 | 2.44 | 0.71 | 2.50 | 0.28 | 0.40 | 107 | 132 | -0.27 | -0.05 | 87.00 | 85.00 | 9/18/2026 | No | 13 | 67 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 3.30 | 3.65 | 0.28 | 1.00 | 0.28 | 0.86 | 30 | 13 | -0.30 | -0.06 | 47.56 | 45.00 | 9/18/2026 | Yes | 8 | 51 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.20 | 2.50 | 0.70 | 2.50 | 0.28 | 0.31 | 47 | 44 | -0.28 | -0.02 | 95.90 | 90.00 | 9/18/2026 | No | 8 | 61 | None | |
| GM | General Motors Company | Options Chain | 1.96 | 2.16 | 0.69 | 2.50 | 0.28 | 0.35 | 900 | 79 | -0.28 | -0.04 | 88.59 | 82.50 | 9/18/2026 | No | 9 | 59 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.25 | 12.10 | 2.70 | 10.00 | 0.27 | 0.48 | 140 | 1538 | -0.26 | -0.27 | 406.11 | 370.00 | 9/18/2026 | No | 20 | 61 |
Dividend Stock List |
|
| VST | Vistra Corp | Options Chain | 5.00 | 5.40 | 1.32 | 5.00 | 0.26 | 0.56 | 60 | 1014 | -0.25 | -0.13 | 148.30 | 140.00 | 9/18/2026 | Yes | 7 | 56 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.55 | 2.20 | 0.65 | 2.50 | 0.26 | 0.53 | 24 | 27 | -0.27 | -0.03 | 54.32 | 50.00 | 9/18/2026 | No | 12 | 53 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.12 | 1.21 | 0.65 | 2.50 | 0.26 | 0.38 | 88191 | 212 | -0.30 | -0.02 | 42.64 | 40.00 | 9/18/2026 | No | 15 | 59 | None | |
| PCG | PG&E Corp | Options Chain | 0.58 | 0.81 | 0.26 | 1.00 | 0.26 | 0.55 | 49 | 2 | -0.29 | -0.01 | 17.43 | 16.00 | 9/18/2026 | No | 13 | 59 | None | |
| AA | Alcoa Corp | Options Chain | 1.24 | 1.49 | 0.51 | 2.00 | 0.26 | 0.54 | 34 | 38 | -0.24 | -0.03 | 45.17 | 40.00 | 9/18/2026 | No | 18 | 52 | None | |
| CLX | Clorox Company | Options Chain | 2.00 | 2.45 | 1.25 | 5.00 | 0.25 | 0.38 | 62 | 137 | -0.25 | -0.04 | 95.63 | 90.00 | 9/18/2026 | Yes | 8 | 47 | None | |
| BCS | Barclays plc | Options Chain | 0.60 | 0.70 | 0.25 | 1.00 | 0.25 | 0.35 | 25 | 20 | -0.29 | -0.01 | 27.44 | 26.00 | 9/18/2026 | No | 15 | 53 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.65 | 4.85 | 1.23 | 5.00 | 0.25 | 0.27 | 229 | 237 | -0.25 | -0.09 | 271.10 | 250.00 | 9/18/2026 | Yes | 12 | 69 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.20 | 5.50 | 1.20 | 5.00 | 0.24 | 0.22 | 44 | 99 | -0.29 | -0.12 | 350.15 | 340.00 | 9/18/2026 | No | 13 | 80 | None | |
| NTR | Nutrien Ltd | Options Chain | 1.35 | 1.60 | 0.60 | 2.50 | 0.24 | 0.33 | 34 | 22 | -0.29 | -0.03 | 69.15 | 62.50 | 9/18/2026 | Yes | 11 | 63 | None | |
| DOW | Dow Inc | Options Chain | 0.81 | 0.98 | 0.59 | 2.50 | 0.24 | 0.44 | 73 | 12 | -0.28 | -0.01 | 30.29 | 27.50 | 9/18/2026 | No | 8 | 56 | None | |
| TRV | Travelers Companies Inc | Options Chain | 5.70 | 6.60 | 2.35 | 10.00 | 0.24 | 0.23 | 0 | 2 | -0.30 | -0.12 | 373.82 | 360.00 | 9/18/2026 | No | 16 | 74 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.60 | 2.78 | 1.17 | 5.00 | 0.23 | 0.30 | 517 | 484 | -0.25 | -0.05 | 155.06 | 145.00 | 9/18/2026 | Yes | 9 | 64 | None | |
| WMT | Walmart Inc | Options Chain | 2.23 | 2.35 | 1.17 | 5.00 | 0.23 | 0.31 | 319 | 343 | -0.29 | -0.05 | 110.71 | 105.00 | 9/18/2026 | Yes | 10 | 59 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.60 | 1.85 | 0.58 | 2.50 | 0.23 | 0.47 | 1038 | 160 | -0.26 | -0.03 | 62.76 | 55.00 | 9/18/2026 | No | 7 | 53 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.10 | 7.50 | 2.25 | 10.00 | 0.23 | 0.31 | 71 | 75 | -0.26 | -0.16 | 414.29 | 390.00 | 9/18/2026 | No | 10 | 58 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.92 | 3.35 | 1.12 | 5.00 | 0.22 | 0.48 | 26 | 111 | -0.24 | -0.07 | 116.40 | 105.00 | 9/18/2026 | Yes | 8 | 58 | None | |
| INFY | Infosys Ltd | Options Chain | 0.20 | 0.60 | 0.22 | 1.00 | 0.22 | 0.52 | 1 | 27 | -0.26 | -0.01 | 12.03 | 11.00 | 9/18/2026 | No | 13 | 43 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.39 | 0.50 | 0.22 | 1.00 | 0.22 | 0.24 | 20 | 28 | -0.26 | -0.01 | 32.26 | 30.00 | 9/18/2026 | No | 13 | 66 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.67 | 0.74 | 0.22 | 1.00 | 0.22 | 0.26 | 3166 | 75 | -0.27 | -0.02 | 47.36 | 45.00 | 9/18/2026 | No | 9 | 64 | None | |
| TGT | Target Corp | Options Chain | 3.00 | 3.15 | 1.08 | 5.00 | 0.22 | 0.41 | 30 | 79 | -0.23 | -0.06 | 149.35 | 135.00 | 9/18/2026 | Yes | 12 | 72 | None | |
| CAT | Caterpillar Inc | Options Chain | 27.75 | 31.25 | 2.12 | 10.00 | 0.21 | 0.50 | 875 | 42 | -0.29 | -0.60 | 814.21 | 770.00 | 9/18/2026 | Yes | 10 | 63 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.20 | 1.31 | 0.52 | 2.50 | 0.21 | 0.23 | 72 | 62 | -0.28 | -0.03 | 86.55 | 82.50 | 9/18/2026 | No | 10 | 73 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.95 | 1.00 | 0.52 | 2.50 | 0.21 | 0.23 | 656 | 3647 | -0.30 | -0.02 | 61.95 | 60.00 | 9/18/2026 | No | 13 | 74 | None | |
| PG | Procter & Gamble Company | Options Chain | 2.07 | 2.37 | 1.03 | 5.00 | 0.21 | 0.23 | 99 | 240 | -0.30 | -0.06 | 144.97 | 140.00 | 9/18/2026 | No | 12 | 71 | None | |
| NVO | Novo Nordisk | Options Chain | 0.93 | 1.05 | 0.51 | 2.50 | 0.20 | 0.43 | 56 | 707 | -0.23 | -0.02 | 47.09 | 42.50 | 9/18/2026 | Yes | 17 | 60 | None | |
| UNM | Unum Group | Options Chain | 1.45 | 1.75 | 0.50 | 2.50 | 0.20 | 0.31 | 3 | 1 | -0.27 | -0.05 | 90.11 | 85.00 | 9/18/2026 | No | 10 | 63 | None | |
| EIX | Edison International | Options Chain | 1.35 | 1.85 | 0.50 | 2.50 | 0.20 | 0.34 | 613 | 53 | -0.29 | -0.04 | 74.72 | 67.50 | 9/18/2026 | No | 9 | 64 | None | |
| KGC | Kinross Gold Corp | Options Chain | 0.50 | 0.68 | 0.20 | 1.00 | 0.20 | 0.48 | 0 | 2 | -0.24 | -0.01 | 23.10 | 21.00 | 9/18/2026 | No | 18 | 52 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.60 | 0.20 | 1.00 | 0.20 | 0.43 | 0 | 2 | -0.26 | -0.01 | 20.90 | 19.00 | 9/18/2026 | Yes | 7 | 53 | None | |
| KO | Coca-Cola Company | Options Chain | 0.92 | 1.05 | 0.49 | 2.50 | 0.20 | 0.22 | 293 | 239 | -0.25 | -0.03 | 87.65 | 82.50 | 9/18/2026 | No | 12 | 67 | None | |
| MET | Metlife Inc | Options Chain | 1.25 | 1.65 | 0.47 | 2.50 | 0.19 | 0.29 | 0 | 4 | -0.24 | -0.03 | 96.13 | 90.00 | 9/18/2026 | Yes | 16 | 69 | None | |
| AZN | Astrazeneca plc | Options Chain | 2.10 | 2.65 | 0.90 | 5.00 | 0.18 | 0.33 | 88 | 181 | -0.22 | -0.06 | 169.64 | 145.00 | 9/18/2026 | No | 13 | 68 | None | |
| TTE | TotalEnergies SE | Options Chain | 0.90 | 1.15 | 0.45 | 2.50 | 0.18 | 0.24 | 2 | 0 | -0.23 | -0.03 | 87.20 | 82.50 | 9/18/2026 | No | 15 | 59 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.12 | 1.22 | 0.45 | 2.50 | 0.18 | 0.26 | 71 | 117 | -0.24 | -0.03 | 87.89 | 82.50 | 9/18/2026 | No | 16 | 74 | None | |
| EQT | EQT Corp | Options Chain | 0.63 | 0.70 | 0.44 | 2.50 | 0.18 | 0.27 | 31 | 2 | -0.22 | -0.02 | 53.67 | 50.00 | 9/18/2026 | No | 11 | 60 | None | |
| C | Citigroup Inc | Options Chain | 2.05 | 2.23 | 0.87 | 5.00 | 0.17 | 0.30 | 870 | 587 | -0.25 | -0.06 | 132.91 | 125.00 | 9/18/2026 | No | 14 | 69 | None | |
| AME | Ametek Inc | Options Chain | 3.30 | 6.00 | 1.72 | 10.00 | 0.17 | 0.31 | 0 | 3 | -0.28 | -0.12 | 241.71 | 230.00 | 9/18/2026 | Yes | 10 | 61 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.50 | 0.90 | 0.17 | 1.00 | 0.17 | 0.26 | 23 | 1 | -0.26 | -0.01 | 44.25 | 42.00 | 9/18/2026 | Yes | 15 | 59 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.75 | 0.95 | 0.17 | 1.00 | 0.17 | 0.29 | 13 | 7 | -0.29 | -0.02 | 43.47 | 42.00 | 9/18/2026 | No | 11 | 62 | None | |
| JCI | Johnson Controls International plc | Options Chain | 2.20 | 2.75 | 0.85 | 5.00 | 0.17 | 0.34 | 0 | 4 | -0.23 | -0.07 | 143.88 | 135.00 | 9/18/2026 | No | 8 | 58 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.70 | 2.15 | 0.85 | 5.00 | 0.17 | 0.46 | 79 | 59 | -0.25 | -0.05 | 77.10 | 70.00 | 9/18/2026 | Yes | 12 | 56 | None | |
| KR | Kroger Company | Options Chain | 0.72 | 0.95 | 0.41 | 2.50 | 0.16 | 0.35 | 47 | 0 | -0.20 | -0.02 | 57.74 | 52.50 | 9/18/2026 | Yes | 11 | 55 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.71 | 0.85 | 0.41 | 2.50 | 0.16 | 0.40 | 300 | 4 | -0.21 | -0.02 | 45.50 | 40.00 | 9/18/2026 | Yes | 7 | 51 | None | |
| APA | APA Corporation | Options Chain | 0.69 | 0.80 | 0.40 | 2.50 | 0.16 | 0.48 | 50 | 0 | -0.20 | -0.02 | 37.89 | 32.50 | 9/18/2026 | Yes | 15 | 62 | None | |
| JEF | Jefferies Financial Group Inc | Options Chain | 0.90 | 1.20 | 0.40 | 2.50 | 0.16 | 0.41 | 2118 | 0 | -0.22 | -0.02 | 54.60 | 50.00 | 9/18/2026 | No | 11 | 58 | None | |
| T | AT&T Inc | Options Chain | 0.30 | 0.34 | 0.16 | 1.00 | 0.16 | 0.29 | 279 | 98 | -0.21 | -0.01 | 23.59 | 22.00 | 9/18/2026 | No | 11 | 60 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.20 | 1.35 | 0.75 | 5.00 | 0.15 | 0.52 | 2249 | 1294 | -0.18 | -0.04 | 62.33 | 55.00 | 9/18/2026 | No | 10 | 63 | None |