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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| C | Citigroup Inc | Options Chain | 2.16 | 3.90 | 0.69 | 1.00 | 0.69 | 0.34 | 0 | 10 | -0.30 | -0.06 | 119.35 | 116.00 | 12/24/2026 | No | 17 | 79 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.29 | 3.35 | 0.63 | 1.00 | 0.63 | 0.43 | 0 | 1 | -0.30 | -0.06 | 87.04 | 86.00 | 12/24/2026 | No | 12 | 66 | None | |
| GLW | Corning Inc | Options Chain | 5.05 | 7.00 | 1.83 | 5.00 | 0.37 | 0.70 | 32 | 22 | -0.29 | -0.11 | 106.60 | 105.00 | 12/24/2026 | No | 10 | 55 | None | |
| TGT | Target Corp | Options Chain | 4.65 | 6.35 | 1.82 | 5.00 | 0.36 | 0.45 | 16 | 11 | -0.30 | -0.10 | 158.50 | 155.00 | 12/24/2026 | Yes | 11 | 64 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.87 | 2.67 | 0.33 | 1.00 | 0.33 | 0.50 | 0 | 20 | -0.29 | -0.05 | 59.75 | 58.00 | 12/24/2026 | No | 14 | 65 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.10 | 1.67 | 0.32 | 1.00 | 0.32 | 0.33 | 2 | 0 | -0.28 | -0.03 | 62.14 | 59.00 | 12/24/2026 | No | 14 | 70 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.30 | 1.53 | 0.32 | 1.00 | 0.32 | 0.48 | 7 | 2 | -0.30 | -0.02 | 38.68 | 37.00 | 12/24/2026 | Yes | 13 | 59 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.22 | 3.90 | 0.31 | 1.00 | 0.31 | 0.82 | 0 | 2 | -0.30 | -0.05 | 45.04 | 43.00 | 12/24/2026 | Yes | 10 | 52 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 21.95 | 24.80 | 1.53 | 5.00 | 0.31 | 0.86 | 4 | 113 | -0.30 | -0.42 | 331.73 | 310.00 | 12/24/2026 | Yes | 12 | 53 | None | |
| CRM | Salesforce Inc | Options Chain | 7.00 | 9.75 | 1.50 | 5.00 | 0.30 | 0.52 | 2 | 2 | -0.30 | -0.17 | 213.65 | 200.00 | 12/24/2026 | Yes | 15 | 70 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.60 | 0.78 | 0.30 | 1.00 | 0.30 | 0.25 | 2 | 2 | -0.27 | -0.02 | 45.65 | 44.00 | 12/24/2026 | No | 7 | 64 | None | |
| LVS | Las Vegas Sands Corp | Options Chain | 0.81 | 1.25 | 0.30 | 1.00 | 0.30 | 0.34 | 20 | 0 | -0.29 | -0.03 | 40.50 | 38.00 | 12/24/2026 | No | 8 | 47 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.30 | 2.55 | 0.73 | 2.50 | 0.29 | 0.48 | 28 | 433 | -0.28 | -0.06 | 74.76 | 75.00 | 12/18/2026 | No | 8 | 55 | None | |
| CEG | Constellation Energy Corporation | Options Chain | 7.20 | 11.50 | 1.45 | 5.00 | 0.29 | 0.49 | 2 | 2 | -0.29 | -0.19 | 250.20 | 255.00 | 12/24/2026 | Yes | 5 | 61 | None | |
| HD | Home Depot Inc | Options Chain | 6.05 | 9.10 | 1.43 | 5.00 | 0.29 | 0.32 | 0 | 1 | -0.29 | -0.16 | 343.97 | 335.00 | 12/24/2026 | Yes | 8 | 63 | None | |
| GFI | Gold Fields Ltd | Options Chain | 1.15 | 1.40 | 0.28 | 1.00 | 0.28 | 0.50 | 1 | 133 | -0.28 | -0.03 | 38.90 | 38.00 | 12/18/2026 | No | 13 | 57 | None | |
| T | AT&T Inc | Options Chain | 0.25 | 0.47 | 0.14 | 0.50 | 0.28 | 0.30 | 1 | 2 | -0.24 | -0.01 | 21.63 | 20.50 | 12/24/2026 | No | 9 | 60 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.41 | 0.69 | 0.14 | 0.50 | 0.28 | 0.36 | 16 | 6 | -0.26 | -0.01 | 24.39 | 23.00 | 12/24/2026 | No | 12 | 59 | None | |
| AVGO | Broadcom Inc | Options Chain | 10.60 | 10.85 | 2.70 | 10.00 | 0.27 | 0.58 | 1557 | 1149 | -0.26 | -0.29 | 293.69 | 290.00 | 12/18/2026 | Yes | 14 | 69 | None | |
| V | Visa Inc - Class A | Options Chain | 4.95 | 7.70 | 1.35 | 5.00 | 0.27 | 0.24 | 0 | 14 | -0.27 | -0.15 | 422.65 | 405.00 | 12/24/2026 | No | 9 | 70 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.55 | 0.85 | 0.27 | 1.00 | 0.27 | 0.36 | 0 | 7 | -0.24 | -0.02 | 38.35 | 36.00 | 12/18/2026 | No | 16 | 79 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.82 | 1.10 | 0.27 | 1.00 | 0.27 | 0.39 | 1 | 1 | -0.25 | -0.02 | 42.55 | 39.00 | 12/24/2026 | No | 10 | 59 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.87 | 2.65 | 0.64 | 2.50 | 0.26 | 0.21 | 0 | 9 | -0.28 | -0.06 | 165.04 | 162.50 | 12/24/2026 | No | 10 | 74 | None | |
| NVO | Novo Nordisk | Options Chain | 0.61 | 0.98 | 0.25 | 1.00 | 0.25 | 0.32 | 2 | 16 | -0.26 | -0.02 | 40.30 | 39.00 | 12/24/2026 | No | 14 | 57 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.14 | 1.38 | 0.25 | 1.00 | 0.25 | 0.37 | 10 | 5 | -0.28 | -0.03 | 56.70 | 52.00 | 12/24/2026 | Yes | 12 | 63 | None | |
| EXC | Exelon Corp | Options Chain | 0.35 | 0.80 | 0.25 | 1.00 | 0.25 | 0.20 | 0 | 43 | -0.29 | -0.01 | 45.25 | 44.00 | 12/18/2026 | No | 9 | 64 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.00 | 3.65 | 1.23 | 5.00 | 0.25 | 0.31 | 8 | 20 | -0.29 | -0.06 | 166.25 | 155.00 | 12/24/2026 | No | 13 | 72 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.50 | 4.20 | 1.22 | 5.00 | 0.24 | 0.22 | 11 | 26 | -0.28 | -0.08 | 276.66 | 270.00 | 12/24/2026 | No | 12 | 68 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.55 | 9.00 | 1.20 | 5.00 | 0.24 | 0.28 | 205 | 86 | -0.28 | -0.24 | 531.30 | 520.00 | 12/18/2026 | No | 14 | 74 | None | |
| SYF | Synchrony Financial | Options Chain | 1.50 | 2.10 | 0.60 | 2.50 | 0.24 | 0.36 | 43 | 0 | -0.30 | -0.05 | 73.74 | 70.00 | 12/18/2026 | No | 10 | 66 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.42 | 0.71 | 0.12 | 0.50 | 0.24 | 0.32 | 11 | 1 | -0.28 | -0.01 | 24.65 | 23.00 | 12/24/2026 | No | 6 | 60 | None | |
| IP | International Paper Company | Options Chain | 0.50 | 1.25 | 0.23 | 1.00 | 0.23 | 0.37 | 2 | 21 | -0.28 | -0.01 | 34.53 | 33.00 | 12/24/2026 | No | 6 | 61 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.35 | 5.45 | 1.15 | 5.00 | 0.23 | 0.26 | 0 | 2 | -0.25 | -0.14 | 334.49 | 325.00 | 12/24/2026 | No | 10 | 78 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.10 | 12.10 | 1.15 | 5.00 | 0.23 | 0.42 | 2 | 10 | -0.29 | -0.23 | 378.58 | 365.00 | 12/24/2026 | No | 26 | 69 |
Growth Stock ListDividend Stock List |
|
| JNJ | Johnson & Johnson | Options Chain | 3.40 | 4.90 | 1.11 | 5.00 | 0.22 | 0.26 | 54 | 5 | -0.24 | -0.09 | 276.22 | 265.00 | 12/24/2026 | No | 9 | 66 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.50 | 1.75 | 0.55 | 2.50 | 0.22 | 0.37 | 0 | 60 | -0.25 | -0.05 | 80.50 | 77.50 | 12/18/2026 | Yes | 10 | 59 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.45 | 0.65 | 0.22 | 1.00 | 0.22 | 0.24 | 0 | 5 | -0.25 | -0.01 | 43.24 | 42.00 | 12/18/2026 | No | 16 | 69 | None | |
| KO | Coca-Cola Company | Options Chain | 1.13 | 1.27 | 0.22 | 1.00 | 0.22 | 0.21 | 10 | 3 | -0.27 | -0.02 | 95.62 | 92.00 | 12/24/2026 | No | 10 | 67 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.77 | 0.91 | 0.22 | 1.00 | 0.22 | 0.27 | 9 | 18 | -0.27 | -0.02 | 49.42 | 48.00 | 12/24/2026 | No | 9 | 64 | None | |
| PCG | PG&E Corp | Options Chain | 0.25 | 0.60 | 0.11 | 0.50 | 0.22 | 0.53 | 16 | 0 | -0.28 | -0.01 | 12.80 | 12.00 | 12/24/2026 | No | 11 | 63 | None | |
| SYY | Sysco Corp | Options Chain | 0.90 | 1.35 | 0.53 | 2.50 | 0.21 | 0.25 | 5 | 47 | -0.28 | -0.03 | 76.80 | 75.00 | 12/18/2026 | No | 13 | 65 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.41 | 0.52 | 0.21 | 1.00 | 0.21 | 0.27 | 0 | 3 | -0.27 | -0.01 | 29.96 | 29.00 | 12/24/2026 | No | 8 | 58 | None | |
| CFG | Citizens Financial Group Inc | Options Chain | 0.90 | 1.25 | 0.50 | 2.50 | 0.20 | 0.27 | 3 | 4 | -0.28 | -0.03 | 63.24 | 62.50 | 12/18/2026 | No | 13 | 68 | None | |
| CSX | CSX Corp | Options Chain | 0.20 | 1.50 | 0.20 | 1.00 | 0.20 | 0.27 | 3 | 7 | -0.26 | -0.02 | 49.03 | 48.00 | 12/24/2026 | No | 10 | 60 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.55 | 0.20 | 1.00 | 0.20 | 0.39 | 4 | 6 | -0.27 | -0.01 | 22.00 | 20.00 | 12/18/2026 | No | 13 | 68 | None | |
| BCS | Barclays plc | Options Chain | 0.40 | 0.55 | 0.20 | 1.00 | 0.20 | 0.34 | 2 | 1 | -0.29 | -0.01 | 22.33 | 22.00 | 12/18/2026 | No | 16 | 60 | None | |
| CVX | Chevron Corp | Options Chain | 2.74 | 3.70 | 0.99 | 5.00 | 0.20 | 0.31 | 4 | 11 | -0.23 | -0.07 | 213.59 | 195.00 | 12/24/2026 | No | 13 | 76 | None | |
| MO | Altria Group Inc | Options Chain | 0.99 | 1.47 | 0.19 | 1.00 | 0.19 | 0.24 | 52 | 0 | -0.29 | -0.03 | 76.12 | 73.00 | 12/24/2026 | No | 10 | 66 | None | |
| MS | Morgan Stanley | Options Chain | 2.86 | 4.05 | 0.93 | 5.00 | 0.19 | 0.34 | 1 | 0 | -0.25 | -0.11 | 181.60 | 175.00 | 12/24/2026 | No | 12 | 76 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.50 | 1.05 | 0.18 | 1.00 | 0.18 | 0.40 | 2 | 1 | -0.29 | -0.01 | 27.14 | 27.00 | 12/18/2026 | No | 6 | 58 | None | |
| GIS | General Mills Inc | Options Chain | 0.60 | 0.65 | 0.43 | 2.50 | 0.17 | 0.37 | 141 | 60 | -0.23 | -0.02 | 35.69 | 32.50 | 12/18/2026 | Yes | 5 | 52 | None | |
| VTRS | Viatris Inc | Options Chain | 0.15 | 0.55 | 0.17 | 1.00 | 0.17 | 0.34 | 12 | 0 | -0.24 | -0.01 | 19.95 | 19.00 | 12/18/2026 | No | 6 | 50 | None | |
| IBM | International Business Machines Corp | Options Chain | 3.80 | 5.70 | 0.82 | 5.00 | 0.16 | 0.33 | 5 | 3 | -0.27 | -0.11 | 244.85 | 230.00 | 12/24/2026 | No | 12 | 73 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.80 | 5.90 | 0.80 | 5.00 | 0.16 | 0.50 | 6 | 11 | -0.26 | -0.12 | 165.86 | 155.00 | 12/24/2026 | No | 10 | 63 | None | |
| UNM | Unum Group | Options Chain | 0.65 | 1.40 | 0.40 | 2.50 | 0.16 | 0.29 | 5 | 0 | -0.24 | -0.04 | 76.75 | 75.00 | 12/18/2026 | No | 10 | 64 | None | |
| F | Ford Motor Company | Options Chain | 0.09 | 0.22 | 0.08 | 0.50 | 0.16 | 0.28 | 6 | 4 | -0.15 | 0.00 | 12.47 | 11.50 | 12/24/2026 | No | 7 | 51 | None |