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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RCI | Rogers Communications Inc - Class B | Options Chain | 0.05 | 2.20 | 1.10 | 2.50 | 0.44 | 0.53 | 176 | 0 | -0.01 | 0.00 | 30.72 | 25.00 | 11/20/2026 | Yes | 12 | 58 | None | |
| VST | Vistra Corp | Options Chain | 5.40 | 5.75 | 1.70 | 5.00 | 0.34 | 0.48 | 210 | 31 | -0.30 | -0.10 | 139.75 | 130.00 | 11/20/2026 | Yes | 6 | 54 | None | |
| ORCL | Oracle Corp | Options Chain | 5.35 | 5.65 | 1.65 | 5.00 | 0.33 | 0.52 | 116 | 124 | -0.28 | -0.10 | 138.07 | 130.00 | 11/20/2026 | No | 8 | 62 | None | |
| STM | ST Microelectronics | Options Chain | 2.15 | 2.35 | 0.32 | 1.00 | 0.32 | 0.62 | 3 | 1 | -0.25 | -0.04 | 53.50 | 50.00 | 11/20/2026 | Yes | 12 | 53 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.42 | 1.83 | 0.78 | 2.50 | 0.31 | 0.36 | 1 | 0 | -0.30 | -0.03 | 61.67 | 57.50 | 11/20/2026 | Yes | 11 | 54 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.95 | 6.55 | 1.50 | 5.00 | 0.30 | 0.52 | 44 | 22 | -0.26 | -0.13 | 182.09 | 170.00 | 11/20/2026 | Yes | 10 | 63 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.95 | 1.15 | 0.30 | 1.00 | 0.30 | 0.33 | 10 | 2 | -0.29 | -0.01 | 37.65 | 36.00 | 11/20/2026 | Yes | 11 | 70 | None | |
| ACN | Accenture plc - Class A | Options Chain | 5.10 | 5.60 | 1.40 | 5.00 | 0.28 | 0.39 | 20 | 37 | -0.25 | -0.08 | 212.30 | 185.00 | 11/20/2026 | Yes | 16 | 69 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.70 | 2.15 | 0.70 | 2.50 | 0.28 | 0.35 | 46 | 4 | -0.28 | -0.03 | 79.52 | 75.00 | 11/20/2026 | Yes | 14 | 45 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.20 | 0.77 | 0.27 | 1.00 | 0.27 | 0.21 | 1 | 0 | -0.21 | 0.00 | 35.67 | 34.00 | 11/20/2026 | Yes | 12 | 67 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.35 | 1.85 | 0.27 | 1.00 | 0.27 | 0.50 | 2 | 0 | -0.27 | -0.03 | 44.98 | 42.00 | 11/20/2026 | Yes | 13 | 58 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.50 | 2.70 | 0.67 | 2.50 | 0.27 | 0.46 | 10 | 28 | -0.27 | -0.05 | 85.67 | 80.00 | 11/20/2026 | Yes | 8 | 55 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.30 | 3.60 | 1.29 | 5.00 | 0.26 | 0.30 | 17 | 45 | -0.30 | -0.06 | 163.82 | 155.00 | 11/20/2026 | Yes | 13 | 73 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.90 | 2.15 | 0.63 | 2.50 | 0.25 | 0.35 | 2 | 0 | -0.28 | -0.04 | 84.65 | 80.00 | 11/20/2026 | Yes | 8 | 58 | None | |
| EIX | Edison International | Options Chain | 1.30 | 1.50 | 0.62 | 2.50 | 0.25 | 0.36 | 3 | 1 | -0.27 | -0.02 | 53.80 | 50.00 | 11/20/2026 | Yes | 15 | 65 | None | |
| SBAC | SBA Communications Corp - Class A | Options Chain | 2.35 | 4.50 | 1.23 | 5.00 | 0.25 | 0.34 | 31 | 0 | -0.26 | -0.07 | 158.02 | 150.00 | 11/20/2026 | Yes | 13 | 62 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.00 | 9.20 | 2.45 | 10.00 | 0.25 | 0.33 | 104 | 124 | -0.26 | -0.23 | 459.20 | 440.00 | 11/20/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.41 | 2.56 | 1.22 | 5.00 | 0.24 | 0.64 | 170 | 1440 | -0.25 | -0.06 | 64.85 | 60.00 | 11/20/2026 | No | 9 | 54 | None | |
| USB | U.S. Bancorp. | Options Chain | 1.17 | 1.34 | 0.61 | 2.50 | 0.24 | 0.28 | 4 | 0 | -0.29 | -0.02 | 57.36 | 55.00 | 11/20/2026 | Yes | 12 | 66 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.55 | 6.00 | 1.20 | 5.00 | 0.24 | 0.26 | 89 | 5 | -0.28 | -0.12 | 333.18 | 315.00 | 11/20/2026 | Yes | 12 | 80 | None | |
| HAL | Halliburton Company | Options Chain | 0.73 | 0.86 | 0.24 | 1.00 | 0.24 | 0.38 | 0 | 3 | -0.30 | -0.02 | 31.88 | 30.00 | 11/20/2026 | Yes | 12 | 58 | None | |
| C | Citigroup Inc | Options Chain | 2.67 | 2.84 | 1.18 | 5.00 | 0.24 | 0.32 | 9 | 33 | -0.30 | -0.05 | 130.08 | 120.00 | 11/20/2026 | Yes | 17 | 78 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.53 | 1.56 | 0.58 | 2.50 | 0.23 | 0.31 | 93 | 66 | -0.25 | -0.03 | 80.25 | 75.00 | 11/20/2026 | Yes | 16 | 74 | None | |
| NVO | Novo Nordisk | Options Chain | 0.95 | 0.99 | 0.58 | 2.50 | 0.23 | 0.38 | 52 | 0 | -0.28 | -0.02 | 37.42 | 35.00 | 11/20/2026 | Yes | 11 | 50 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.69 | 0.75 | 0.23 | 1.00 | 0.23 | 0.25 | 9 | 7 | -0.22 | -0.01 | 45.98 | 43.00 | 11/20/2026 | Yes | 10 | 73 | None | |
| KO | Coca-Cola Company | Options Chain | 1.21 | 1.24 | 0.56 | 2.50 | 0.22 | 0.21 | 47 | 95 | -0.26 | -0.03 | 86.10 | 82.50 | 11/20/2026 | Yes | 12 | 67 | None | |
| GIS | General Mills Inc | Options Chain | 0.75 | 0.85 | 0.55 | 2.50 | 0.22 | 0.32 | 50 | 4 | -0.28 | -0.01 | 31.67 | 30.00 | 11/20/2026 | No | 6 | 53 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.78 | 0.81 | 0.20 | 1.00 | 0.20 | 0.29 | 482 | 148 | -0.22 | -0.02 | 53.73 | 50.00 | 11/20/2026 | Yes | 9 | 65 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 5.10 | 7.20 | 1.85 | 10.00 | 0.18 | 0.47 | 0 | 5 | -0.24 | -0.16 | 240.40 | 220.00 | 11/20/2026 | Yes | 14 | 75 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.43 | 0.51 | 0.18 | 1.00 | 0.18 | 0.27 | 20 | 0 | -0.25 | -0.01 | 30.53 | 29.00 | 11/20/2026 | Yes | 10 | 59 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.98 | 1.01 | 0.43 | 2.50 | 0.17 | 0.36 | 90 | 7 | -0.22 | -0.02 | 57.80 | 52.50 | 11/20/2026 | Yes | 10 | 55 | None | |
| F | Ford Motor Company | Options Chain | 0.25 | 0.26 | 0.17 | 1.00 | 0.17 | 0.39 | 17 | 0 | -0.25 | -0.01 | 12.26 | 11.00 | 11/20/2026 | Yes | 9 | 51 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.80 | 1.00 | 0.17 | 1.00 | 0.17 | 0.29 | 4 | 0 | -0.27 | -0.02 | 50.31 | 48.00 | 11/20/2026 | Yes | 7 | 65 | None | |
| APO | Apollo Global Management Inc | Options Chain | 2.35 | 3.10 | 0.85 | 5.00 | 0.17 | 0.42 | 5 | 1 | -0.23 | -0.07 | 114.34 | 105.00 | 11/20/2026 | Yes | 13 | 66 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.57 | 0.60 | 0.40 | 2.50 | 0.16 | 0.38 | 3069 | 164 | -0.20 | -0.02 | 32.09 | 30.00 | 11/20/2026 | Yes | 14 | 61 | None | |
| QSR | Restaurant Brands International Inc | Options Chain | 0.65 | 1.10 | 0.40 | 2.50 | 0.16 | 0.27 | 0 | 1 | -0.22 | -0.03 | 69.76 | 65.00 | 11/20/2026 | Yes | 8 | 62 | None |