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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.75 | 3.05 | 0.46 | 1.00 | 0.46 | 0.72 | 720 | 12 | -0.29 | -0.05 | 54.85 | 50.00 | 7/17/2026 | No | 6 | 52 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 21.40 | 23.25 | 3.78 | 10.00 | 0.38 | 0.73 | 41 | 96 | -0.29 | -0.44 | 435.31 | 380.00 | 7/17/2026 | No | 14 | 54 | None | |
| AVGO | Broadcom Inc | Options Chain | 17.40 | 21.40 | 1.85 | 5.00 | 0.37 | 0.58 | 39 | 39 | -0.30 | -0.46 | 481.57 | 445.00 | 7/10/2026 | Yes | 9 | 62 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 15.05 | 16.90 | 3.55 | 10.00 | 0.35 | 0.48 | 439 | 185 | -0.30 | -0.30 | 445.32 | 410.00 | 7/17/2026 | No | 20 | 62 |
Dividend Stock List |
|
| ORCL | Oracle Corp | Options Chain | 11.55 | 12.10 | 3.48 | 10.00 | 0.35 | 0.70 | 632 | 946 | -0.28 | -0.21 | 239.87 | 210.00 | 7/17/2026 | No | 7 | 61 | None | |
| QCOM | Qualcomm Inc | Options Chain | 13.40 | 14.65 | 3.40 | 10.00 | 0.34 | 0.82 | 139 | 786 | -0.28 | -0.27 | 238.76 | 220.00 | 7/17/2026 | No | 14 | 68 | None | |
| IBM | International Business Machines Corp | Options Chain | 10.65 | 11.15 | 1.67 | 5.00 | 0.33 | 0.51 | 72 | 97 | -0.29 | -0.24 | 322.60 | 285.00 | 7/17/2026 | No | 10 | 63 | None | |
| GLW | Corning Inc | Options Chain | 10.70 | 11.10 | 1.62 | 5.00 | 0.32 | 0.77 | 139 | 174 | -0.29 | -0.23 | 200.40 | 180.00 | 7/17/2026 | No | 8 | 52 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.41 | 0.61 | 0.31 | 1.00 | 0.31 | 0.26 | 22 | 0 | -0.23 | -0.02 | 37.71 | 36.00 | 7/17/2026 | No | 9 | 58 | None | |
| HPQ | HP Inc | Options Chain | 0.93 | 0.97 | 0.30 | 1.00 | 0.30 | 0.51 | 920 | 1488 | -0.30 | -0.02 | 27.18 | 24.00 | 7/17/2026 | No | 10 | 50 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 24.90 | 27.25 | 2.90 | 10.00 | 0.29 | 0.35 | 36 | 36 | -0.28 | -0.58 | 1,065.97 | 1,030.00 | 7/17/2026 | No | 9 | 65 | None | |
| VST | Vistra Corp | Options Chain | 4.95 | 5.20 | 1.45 | 5.00 | 0.29 | 0.53 | 93 | 123 | -0.27 | -0.11 | 157.25 | 140.00 | 7/17/2026 | No | 10 | 62 | None | |
| HD | Home Depot Inc | Options Chain | 6.05 | 6.45 | 1.40 | 5.00 | 0.28 | 0.30 | 18 | 21 | -0.28 | -0.11 | 311.50 | 295.00 | 7/17/2026 | No | 6 | 60 | None | |
| NEM | Newmont Corp | Options Chain | 3.10 | 3.20 | 0.70 | 2.50 | 0.28 | 0.46 | 55 | 182 | -0.27 | -0.07 | 109.50 | 100.00 | 7/17/2026 | No | 14 | 64 | None | |
| CRM | Salesforce Inc | Options Chain | 5.05 | 5.30 | 1.35 | 5.00 | 0.27 | 0.45 | 1625 | 315 | -0.26 | -0.11 | 200.84 | 175.00 | 7/17/2026 | No | 15 | 70 | None | |
| COST | Costco Wholesale Corp | Options Chain | 13.40 | 14.55 | 1.35 | 5.00 | 0.27 | 0.23 | 48 | 91 | -0.29 | -0.35 | 954.27 | 925.00 | 7/17/2026 | No | 14 | 61 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.69 | 2.79 | 1.34 | 5.00 | 0.27 | 0.58 | 322 | 125 | -0.29 | -0.06 | 71.72 | 65.00 | 7/17/2026 | No | 14 | 63 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 4.60 | 5.30 | 1.30 | 5.00 | 0.26 | 0.52 | 21 | 22 | -0.27 | -0.11 | 148.40 | 135.00 | 7/17/2026 | No | 11 | 60 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.60 | 5.80 | 1.30 | 5.00 | 0.26 | 0.30 | 50 | 98 | -0.28 | -0.12 | 300.96 | 285.00 | 7/17/2026 | No | 10 | 70 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.05 | 3.25 | 1.30 | 5.00 | 0.26 | 0.32 | 253 | 256 | -0.28 | -0.08 | 149.56 | 145.00 | 7/17/2026 | No | 9 | 64 | None | |
| BWA | BorgWarner Inc | Options Chain | 2.25 | 2.70 | 0.65 | 2.50 | 0.26 | 0.52 | 4 | 3 | -0.27 | -0.06 | 74.08 | 70.00 | 7/17/2026 | No | 11 | 59 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.30 | 2.50 | 0.65 | 2.50 | 0.26 | 0.48 | 34 | 16 | -0.28 | -0.06 | 80.02 | 72.50 | 7/17/2026 | No | 14 | 66 | None | |
| GPN | Global Payments Inc | Options Chain | 2.05 | 2.55 | 0.65 | 2.50 | 0.26 | 0.50 | 399 | 188 | -0.28 | -0.05 | 75.28 | 62.50 | 7/17/2026 | No | 9 | 62 | None | |
| JCI | Johnson Controls International plc | Options Chain | 3.00 | 4.50 | 1.25 | 5.00 | 0.25 | 0.34 | 2 | 10 | -0.28 | -0.07 | 142.73 | 140.00 | 7/17/2026 | No | 10 | 61 | None | |
| EQNR | Equinor ASA | Options Chain | 0.85 | 0.90 | 0.25 | 1.00 | 0.25 | 0.42 | 2 | 0 | -0.25 | -0.02 | 37.82 | 35.00 | 7/17/2026 | No | 9 | 50 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.65 | 0.80 | 0.25 | 1.00 | 0.25 | 0.43 | 23 | 0 | -0.26 | -0.02 | 27.58 | 25.00 | 7/17/2026 | No | 7 | 56 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.72 | 0.79 | 0.25 | 1.00 | 0.25 | 0.27 | 4831 | 654 | -0.26 | -0.01 | 47.87 | 44.00 | 7/17/2026 | No | 9 | 64 | None | |
| MO | Altria Group Inc | Options Chain | 1.22 | 1.28 | 0.62 | 2.50 | 0.25 | 0.23 | 74 | 27 | -0.27 | -0.01 | 69.24 | 67.50 | 7/17/2026 | No | 8 | 58 | None | |
| V | Visa Inc - Class A | Options Chain | 4.40 | 4.90 | 1.22 | 5.00 | 0.24 | 0.25 | 146 | 120 | -0.26 | -0.13 | 317.32 | 300.00 | 7/17/2026 | No | 11 | 71 | None | |
| PEP | PepsiCo Inc | Options Chain | 2.63 | 2.75 | 1.22 | 5.00 | 0.24 | 0.28 | 40 | 106 | -0.27 | -0.04 | 142.04 | 135.00 | 7/17/2026 | No | 9 | 56 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.20 | 2.55 | 0.60 | 2.50 | 0.24 | 0.40 | 5 | 6 | -0.28 | -0.05 | 93.15 | 85.00 | 7/17/2026 | No | 9 | 58 | None | |
| HAL | Halliburton Company | Options Chain | 0.91 | 0.97 | 0.24 | 1.00 | 0.24 | 0.40 | 25 | 55 | -0.27 | -0.02 | 40.28 | 38.00 | 7/17/2026 | No | 10 | 54 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 3.00 | 3.80 | 1.17 | 5.00 | 0.23 | 0.33 | 135 | 48 | -0.27 | -0.09 | 188.50 | 170.00 | 7/17/2026 | No | 7 | 67 | None | |
| APA | APA Corporation | Options Chain | 1.03 | 1.14 | 0.58 | 2.50 | 0.23 | 0.49 | 40 | 6 | -0.26 | -0.03 | 37.81 | 35.00 | 7/17/2026 | No | 10 | 53 | None | |
| DOW | Dow Inc | Options Chain | 0.97 | 1.11 | 0.58 | 2.50 | 0.23 | 0.47 | 14 | 15 | -0.28 | -0.02 | 34.72 | 32.50 | 7/17/2026 | No | 6 | 49 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.63 | 2.08 | 0.57 | 2.50 | 0.23 | 0.32 | 18 | 67 | -0.27 | -0.04 | 87.81 | 82.50 | 7/17/2026 | No | 16 | 69 | None | |
| PG | Procter & Gamble Company | Options Chain | 2.11 | 2.41 | 1.13 | 5.00 | 0.23 | 0.24 | 106 | 38 | -0.26 | -0.05 | 140.95 | 135.00 | 7/17/2026 | No | 9 | 65 | None | |
| RF | Regions Financial Corp | Options Chain | 0.45 | 0.75 | 0.22 | 1.00 | 0.22 | 0.33 | 10 | 0 | -0.27 | -0.01 | 27.97 | 26.00 | 7/17/2026 | No | 18 | 70 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.25 | 7.00 | 2.18 | 10.00 | 0.22 | 0.33 | 65 | 142 | -0.25 | -0.15 | 376.75 | 350.00 | 7/17/2026 | No | 11 | 64 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.02 | 1.08 | 0.53 | 2.50 | 0.21 | 0.41 | 74 | 44 | -0.25 | -0.02 | 46.22 | 42.50 | 7/17/2026 | No | 7 | 51 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.82 | 0.94 | 0.21 | 1.00 | 0.21 | 0.32 | 40 | 134 | -0.25 | -0.02 | 52.48 | 49.00 | 7/17/2026 | Yes | 10 | 65 | None | |
| GIS | General Mills Inc | Options Chain | 0.75 | 0.85 | 0.52 | 2.50 | 0.21 | 0.36 | 319 | 214 | -0.29 | -0.01 | 33.07 | 30.00 | 7/17/2026 | No | 12 | 61 | None | |
| CGNX | Cognex Corp | Options Chain | 1.80 | 2.15 | 1.03 | 5.00 | 0.21 | 0.51 | 0 | 1 | -0.26 | -0.05 | 66.08 | 60.00 | 7/17/2026 | No | 15 | 58 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.26 | 2.47 | 1.01 | 5.00 | 0.20 | 0.40 | 526 | 233 | -0.20 | -0.05 | 128.00 | 115.00 | 7/17/2026 | No | 9 | 62 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.50 | 1.65 | 1.00 | 5.00 | 0.20 | 0.39 | 31 | 7 | -0.28 | -0.04 | 64.54 | 60.00 | 7/17/2026 | No | 15 | 63 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.85 | 1.05 | 0.20 | 1.00 | 0.20 | 0.40 | 0 | 31 | -0.25 | -0.02 | 42.17 | 38.00 | 7/17/2026 | Yes | 16 | 77 | None | |
| EXC | Exelon Corp | Options Chain | 0.55 | 0.80 | 0.20 | 1.00 | 0.20 | 0.24 | 31 | 23 | -0.25 | -0.01 | 45.00 | 43.00 | 7/17/2026 | No | 11 | 65 | None | |
| BCS | Barclays plc | Options Chain | 0.55 | 0.65 | 0.20 | 1.00 | 0.20 | 0.40 | 17 | 2 | -0.26 | -0.01 | 25.28 | 23.00 | 7/17/2026 | No | 17 | 59 | None | |
| PCG | PG&E Corp | Options Chain | 0.31 | 0.54 | 0.20 | 1.00 | 0.20 | 0.31 | 32 | 15 | -0.30 | -0.01 | 16.57 | 16.00 | 7/17/2026 | No | 13 | 59 | None | |
| C | Citigroup Inc | Options Chain | 2.23 | 2.43 | 0.98 | 5.00 | 0.20 | 0.36 | 80 | 71 | -0.23 | -0.06 | 131.26 | 120.00 | 7/17/2026 | No | 12 | 69 | None | |
| SLB | SLB | Options Chain | 1.02 | 1.13 | 0.48 | 2.50 | 0.19 | 0.37 | 15 | 18 | -0.25 | -0.03 | 56.65 | 52.50 | 7/17/2026 | No | 9 | 66 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.80 | 1.05 | 0.48 | 2.50 | 0.19 | 0.32 | 8 | 6 | -0.27 | -0.02 | 47.78 | 45.00 | 7/17/2026 | No | 16 | 73 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.25 | 1.38 | 0.46 | 2.50 | 0.18 | 0.35 | 37 | 99 | -0.23 | -0.04 | 79.44 | 72.50 | 7/17/2026 | No | 13 | 74 | None | |
| AXP | American Express Company | Options Chain | 4.10 | 4.40 | 1.83 | 10.00 | 0.18 | 0.30 | 64 | 61 | -0.23 | -0.12 | 310.97 | 280.00 | 7/17/2026 | Yes | 12 | 71 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.29 | 0.38 | 0.18 | 1.00 | 0.18 | 0.38 | 238 | 49 | -0.18 | -0.01 | 24.85 | 21.00 | 7/17/2026 | No | 15 | 61 | None | |
| T | AT&T Inc | Options Chain | 0.35 | 0.38 | 0.18 | 1.00 | 0.18 | 0.29 | 234 | 75 | -0.24 | -0.01 | 24.64 | 22.00 | 7/17/2026 | No | 8 | 58 | None | |
| MDT | Medtronic Plc | Options Chain | 1.06 | 1.15 | 0.44 | 2.50 | 0.18 | 0.29 | 122 | 90 | -0.24 | -0.02 | 74.09 | 72.50 | 7/17/2026 | No | 13 | 70 | None | |
| TGT | Target Corp | Options Chain | 1.80 | 1.94 | 0.87 | 5.00 | 0.17 | 0.34 | 389 | 10 | -0.22 | -0.06 | 123.56 | 115.00 | 7/17/2026 | No | 9 | 54 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.70 | 0.17 | 1.00 | 0.17 | 0.39 | 4 | 6 | -0.29 | -0.01 | 19.79 | 19.00 | 7/17/2026 | No | 10 | 60 | None | |
| KO | Coca-Cola Company | Options Chain | 0.77 | 0.85 | 0.41 | 2.50 | 0.16 | 0.20 | 171 | 71 | -0.24 | -0.02 | 78.50 | 75.00 | 7/17/2026 | No | 12 | 70 | None | |
| D | Dominion Energy Inc | Options Chain | 0.85 | 1.00 | 0.40 | 2.50 | 0.16 | 0.25 | 23 | 2 | -0.26 | -0.03 | 66.47 | 62.50 | 7/17/2026 | No | 10 | 70 | None | |
| WMT | Walmart Inc | Options Chain | 1.44 | 1.52 | 0.79 | 5.00 | 0.16 | 0.27 | 582 | 265 | -0.24 | -0.05 | 113.06 | 110.00 | 7/17/2026 | No | 9 | 59 | None | |
| OKE | Oneok Inc | Options Chain | 1.10 | 1.35 | 0.75 | 5.00 | 0.15 | 0.33 | 1298 | 5 | -0.18 | -0.04 | 87.49 | 80.00 | 7/17/2026 | No | 13 | 75 | None | |
| F | Ford Motor Company | Options Chain | 0.27 | 0.28 | 0.15 | 1.00 | 0.15 | 0.44 | 308 | 47 | -0.20 | -0.01 | 16.15 | 14.00 | 7/17/2026 | No | 9 | 47 | None | |
| PPL | PPL Corp | Options Chain | 0.30 | 0.65 | 0.15 | 1.00 | 0.15 | 0.24 | 0 | 1 | -0.21 | -0.01 | 34.99 | 33.00 | 7/17/2026 | No | 10 | 67 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.25 | 0.35 | 0.15 | 1.00 | 0.15 | 0.45 | 4 | 2 | -0.24 | -0.01 | 13.74 | 12.00 | 7/17/2026 | No | 15 | 51 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.25 | 0.35 | 0.15 | 1.00 | 0.15 | 0.32 | 46 | 0 | -0.26 | -0.01 | 16.10 | 15.00 | 7/17/2026 | No | 9 | 57 | None |