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 | 30.75 | 32.35 | 3.80 | 10.00 | 0.38 | 0.92 | 9 | 2 | -0.28 | -0.49 | 437.50 | 370.00 | 9/18/2026 | Yes | 14 | 57 | None | |
| GLW | Corning Inc | Options Chain | 10.20 | 10.60 | 1.82 | 5.00 | 0.36 | 0.84 | 74 | 110 | -0.30 | -0.15 | 145.08 | 125.00 | 9/18/2026 | Yes | 10 | 54 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 6.90 | 7.30 | 1.65 | 5.00 | 0.33 | 0.60 | 18 | 9 | -0.29 | -0.12 | 152.75 | 135.00 | 9/18/2026 | Yes | 8 | 58 | None | |
| ORCL | Oracle Corp | Options Chain | 6.60 | 6.75 | 1.60 | 5.00 | 0.32 | 0.76 | 867 | 214 | -0.26 | -0.11 | 114.85 | 105.00 | 9/18/2026 | Yes | 7 | 63 | None | |
| QCOM | Qualcomm Inc | Options Chain | 8.00 | 8.35 | 1.60 | 5.00 | 0.32 | 0.64 | 210 | 46 | -0.28 | -0.13 | 166.97 | 150.00 | 9/18/2026 | Yes | 11 | 64 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.40 | 6.60 | 1.55 | 5.00 | 0.31 | 0.42 | 63 | 35 | -0.28 | -0.10 | 214.19 | 200.00 | 9/18/2026 | No | 13 | 74 | None | |
| KGC | Kinross Gold Corp | Options Chain | 1.02 | 1.08 | 0.31 | 1.00 | 0.31 | 0.53 | 3 | 2 | -0.30 | -0.02 | 24.07 | 22.00 | 9/18/2026 | Yes | 19 | 52 | None | |
| CRM | Salesforce Inc | Options Chain | 6.45 | 6.70 | 1.48 | 5.00 | 0.30 | 0.51 | 235 | 103 | -0.29 | -0.12 | 163.66 | 160.00 | 9/18/2026 | Yes | 14 | 71 | None | |
| TGT | Target Corp | Options Chain | 4.15 | 4.45 | 1.45 | 5.00 | 0.29 | 0.39 | 22 | 5 | -0.29 | -0.06 | 136.78 | 130.00 | 9/18/2026 | Yes | 9 | 62 | None | |
| AA | Alcoa Corp | Options Chain | 1.62 | 1.75 | 0.58 | 2.00 | 0.29 | 0.55 | 0 | 7 | -0.28 | -0.03 | 44.24 | 40.00 | 9/18/2026 | No | 18 | 45 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 13.25 | 14.55 | 2.87 | 10.00 | 0.29 | 0.50 | 162 | 870 | -0.27 | -0.27 | 403.41 | 360.00 | 9/18/2026 | No | 23 | 65 |
Dividend Stock List |
|
| TEL | TE Connectivity plc | Options Chain | 6.40 | 7.40 | 1.40 | 5.00 | 0.28 | 0.44 | 1 | 1 | -0.30 | -0.11 | 202.20 | 190.00 | 9/18/2026 | No | 10 | 60 | None | |
| EQT | EQT Corp | Options Chain | 1.01 | 1.08 | 0.68 | 2.50 | 0.27 | 0.28 | 123 | 0 | -0.29 | -0.02 | 53.24 | 50.00 | 9/18/2026 | No | 15 | 69 | None | |
| CLX | Clorox Company | Options Chain | 2.60 | 2.80 | 1.35 | 5.00 | 0.27 | 0.37 | 56 | 68 | -0.29 | -0.04 | 95.55 | 90.00 | 9/18/2026 | Yes | 14 | 54 | None | |
| COP | Conoco Phillips | Options Chain | 2.88 | 3.05 | 1.31 | 5.00 | 0.26 | 0.34 | 27 | 20 | -0.28 | -0.05 | 120.44 | 110.00 | 9/18/2026 | Yes | 7 | 69 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.30 | 3.55 | 1.31 | 5.00 | 0.26 | 0.31 | 1291 | 338 | -0.29 | -0.06 | 156.94 | 145.00 | 9/18/2026 | Yes | 9 | 64 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.90 | 6.15 | 1.28 | 5.00 | 0.26 | 0.24 | 30 | 113 | -0.27 | -0.12 | 353.25 | 340.00 | 9/18/2026 | No | 13 | 80 | None | |
| GM | General Motors Company | Options Chain | 2.08 | 2.17 | 0.64 | 2.50 | 0.26 | 0.36 | 1599 | 62 | -0.29 | -0.04 | 82.64 | 80.00 | 9/18/2026 | No | 10 | 63 | None | |
| C | Citigroup Inc | Options Chain | 3.35 | 3.55 | 1.26 | 5.00 | 0.25 | 0.32 | 72 | 84 | -0.30 | -0.05 | 132.06 | 125.00 | 9/18/2026 | No | 14 | 69 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.75 | 0.85 | 0.25 | 1.00 | 0.25 | 0.42 | 0 | 8 | -0.27 | -0.01 | 29.72 | 26.00 | 9/18/2026 | Yes | 13 | 65 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.50 | 0.75 | 0.25 | 1.00 | 0.25 | 0.40 | 15 | 0 | -0.28 | -0.01 | 21.30 | 19.00 | 9/18/2026 | Yes | 7 | 53 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.85 | 1.00 | 0.25 | 1.00 | 0.25 | 0.30 | 5 | 40 | -0.29 | -0.02 | 42.92 | 41.00 | 9/18/2026 | No | 15 | 77 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.80 | 1.90 | 0.62 | 2.50 | 0.25 | 0.56 | 9 | 300 | -0.28 | -0.03 | 45.45 | 42.50 | 9/18/2026 | Yes | 14 | 57 | None | |
| NVO | Novo Nordisk | Options Chain | 1.36 | 1.41 | 0.61 | 2.50 | 0.24 | 0.44 | 38 | 49 | -0.26 | -0.02 | 48.99 | 45.00 | 9/18/2026 | Yes | 13 | 51 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.08 | 1.15 | 0.60 | 2.50 | 0.24 | 0.41 | 70 | 2 | -0.26 | -0.02 | 45.04 | 40.00 | 9/18/2026 | Yes | 7 | 51 | None | |
| APA | APA Corporation | Options Chain | 1.16 | 1.21 | 0.60 | 2.50 | 0.24 | 0.48 | 0 | 41 | -0.27 | -0.02 | 36.08 | 32.50 | 9/18/2026 | Yes | 10 | 55 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 2.00 | 2.25 | 1.18 | 5.00 | 0.24 | 0.44 | 577 | 970 | -0.24 | -0.05 | 75.35 | 70.00 | 9/18/2026 | Yes | 15 | 65 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.71 | 0.75 | 0.23 | 1.00 | 0.23 | 0.25 | 698 | 91 | -0.28 | -0.02 | 46.38 | 45.00 | 9/18/2026 | Yes | 12 | 73 | None | |
| AZN | Astrazeneca plc | Options Chain | 3.20 | 3.60 | 1.15 | 5.00 | 0.23 | 0.31 | 0 | 1 | -0.26 | -0.06 | 169.26 | 160.00 | 9/18/2026 | Yes | 13 | 68 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.90 | 2.10 | 0.57 | 2.50 | 0.23 | 0.40 | 1 | 4 | -0.25 | -0.03 | 83.72 | 75.00 | 9/18/2026 | Yes | 9 | 57 | None | |
| KO | Coca-Cola Company | Options Chain | 1.21 | 1.36 | 0.57 | 2.50 | 0.23 | 0.23 | 160 | 22 | -0.30 | -0.02 | 82.25 | 80.00 | 9/18/2026 | Yes | 9 | 63 | None | |
| WMT | Walmart Inc | Options Chain | 2.11 | 2.18 | 1.12 | 5.00 | 0.22 | 0.30 | 122 | 228 | -0.26 | -0.04 | 109.47 | 105.00 | 9/18/2026 | Yes | 10 | 55 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.95 | 2.06 | 1.08 | 5.00 | 0.22 | 0.54 | 103 | 2339 | -0.24 | -0.04 | 62.60 | 55.00 | 9/18/2026 | No | 10 | 58 | None | |
| OKE | Oneok Inc | Options Chain | 1.90 | 2.05 | 1.08 | 5.00 | 0.22 | 0.30 | 21 | 1 | -0.27 | -0.03 | 93.16 | 85.00 | 9/18/2026 | Yes | 10 | 66 | None | |
| LUV | Southwest Airlines Company | Options Chain | 1.01 | 1.10 | 0.50 | 2.50 | 0.20 | 0.46 | 256 | 3 | -0.20 | -0.02 | 45.08 | 40.00 | 9/18/2026 | No | 12 | 60 | None | |
| F | Ford Motor Company | Options Chain | 0.34 | 0.36 | 0.20 | 1.00 | 0.20 | 0.42 | 230 | 592 | -0.24 | -0.01 | 14.37 | 13.00 | 9/18/2026 | Yes | 9 | 47 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.70 | 2.00 | 0.20 | 1.00 | 0.20 | 0.56 | 2 | 0 | -0.29 | -0.03 | 44.23 | 40.00 | 9/18/2026 | Yes | 19 | 64 | None | |
| MMM | 3M Company | Options Chain | 2.40 | 2.82 | 0.96 | 5.00 | 0.19 | 0.27 | 8 | 13 | -0.25 | -0.06 | 172.62 | 165.00 | 9/18/2026 | No | 9 | 62 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.42 | 0.49 | 0.19 | 1.00 | 0.19 | 0.24 | 116 | 0 | -0.25 | -0.01 | 32.86 | 30.00 | 9/18/2026 | No | 10 | 59 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.55 | 3.75 | 1.86 | 10.00 | 0.19 | 0.26 | 37 | 47 | -0.24 | -0.08 | 263.40 | 250.00 | 9/18/2026 | No | 11 | 72 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.12 | 0.75 | 0.18 | 1.00 | 0.18 | 0.20 | 0 | 150 | -0.19 | 0.00 | 38.73 | 36.00 | 9/18/2026 | Yes | 9 | 58 | None | |
| T | AT&T Inc | Options Chain | 0.34 | 0.37 | 0.18 | 1.00 | 0.18 | 0.27 | 508 | 521 | -0.27 | -0.01 | 24.13 | 23.00 | 9/18/2026 | No | 14 | 68 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.74 | 0.80 | 0.43 | 2.50 | 0.17 | 0.40 | 282 | 22 | -0.21 | -0.02 | 41.70 | 37.50 | 9/18/2026 | No | 15 | 59 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.84 | 0.93 | 0.42 | 2.50 | 0.17 | 0.31 | 32 | 15 | -0.20 | -0.03 | 62.09 | 57.50 | 9/18/2026 | Yes | 15 | 68 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.81 | 0.90 | 0.41 | 2.50 | 0.16 | 0.25 | 10 | 0 | -0.22 | -0.02 | 63.97 | 60.00 | 9/18/2026 | No | 12 | 65 | None | |
| UL | Unilever plc | Options Chain | 0.85 | 0.95 | 0.40 | 2.50 | 0.16 | 0.26 | 1 | 0 | -0.24 | -0.02 | 60.98 | 57.50 | 9/18/2026 | No | 9 | 58 | None | |
| PCG | PG&E Corp | Options Chain | 0.37 | 0.40 | 0.15 | 1.00 | 0.15 | 0.40 | 2 | 0 | -0.22 | -0.01 | 17.85 | 16.00 | 9/18/2026 | No | 9 | 52 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.20 | 0.40 | 0.15 | 1.00 | 0.15 | 0.31 | 0 | 2 | -0.26 | -0.01 | 17.36 | 16.00 | 9/18/2026 | No | 10 | 66 | None |