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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.55 | 12.50 | 1.65 | 5.00 | 0.33 | 0.43 | 2 | 2 | -0.28 | -0.24 | 378.58 | 365.00 | 12/24/2026 | No | 26 | 69 |
Growth Stock ListDividend Stock List |
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| PCG | PG&E Corp | Options Chain | 0.25 | 0.83 | 0.15 | 0.50 | 0.30 | 0.56 | 8 | 0 | -0.29 | -0.01 | 12.97 | 12.00 | 12/24/2026 | No | 11 | 63 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.12 | 1.28 | 0.29 | 1.00 | 0.29 | 0.46 | 2 | 6 | -0.30 | -0.02 | 38.59 | 36.00 | 12/24/2026 | Yes | 13 | 59 | None | |
| VTRS | Viatris Inc | Options Chain | 0.30 | 0.55 | 0.25 | 1.00 | 0.25 | 0.38 | 12 | 0 | -0.27 | -0.01 | 19.95 | 19.00 | 12/18/2026 | No | 6 | 50 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.83 | 0.92 | 0.24 | 1.00 | 0.24 | 0.29 | 6 | 18 | -0.30 | -0.02 | 49.52 | 48.00 | 12/24/2026 | No | 12 | 73 | None | |
| SYY | Sysco Corp | Options Chain | 1.05 | 1.35 | 0.57 | 2.50 | 0.23 | 0.25 | 0 | 4 | -0.29 | -0.03 | 76.86 | 75.00 | 12/18/2026 | No | 13 | 65 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.65 | 1.90 | 0.55 | 2.50 | 0.22 | 0.37 | 0 | 60 | -0.27 | -0.05 | 80.50 | 77.50 | 12/18/2026 | Yes | 12 | 27 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.05 | 5.15 | 1.07 | 5.00 | 0.21 | 0.51 | 3 | 4 | -0.26 | -0.10 | 165.41 | 155.00 | 12/24/2026 | No | 10 | 63 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.85 | 3.30 | 1.00 | 5.00 | 0.20 | 0.32 | 6 | 5 | -0.28 | -0.07 | 165.87 | 155.00 | 12/24/2026 | No | 13 | 72 | None | |
| SYF | Synchrony Financial | Options Chain | 0.95 | 1.60 | 0.50 | 2.50 | 0.20 | 0.39 | 0 | 1 | -0.23 | -0.04 | 73.74 | 67.50 | 12/18/2026 | No | 10 | 66 | None | |
| F | Ford Motor Company | Options Chain | 0.18 | 0.29 | 0.10 | 0.50 | 0.20 | 0.43 | 2 | 0 | -0.27 | 0.00 | 12.44 | 11.50 | 12/24/2026 | No | 7 | 51 | None | |
| GIS | General Mills Inc | Options Chain | 0.55 | 0.80 | 0.43 | 2.50 | 0.17 | 0.38 | 4 | 20 | -0.22 | -0.02 | 35.51 | 32.50 | 12/18/2026 | Yes | 5 | 52 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 0.85 | 1.05 | 0.47 | 3.00 | 0.16 | 0.39 | 3 | 2 | -0.26 | -0.02 | 47.87 | 45.00 | 12/18/2026 | No | 12 | 66 | None | |
| MKC | McCormick & Co. Inc (Non Voting) | Options Chain | 0.95 | 1.00 | 0.78 | 5.00 | 0.16 | 0.34 | 33 | 42 | -0.27 | -0.03 | 48.44 | 45.00 | 12/18/2026 | No | 8 | 54 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.55 | 0.65 | 0.15 | 1.00 | 0.15 | 0.36 | 0 | 1 | -0.25 | -0.02 | 38.17 | 36.00 | 12/18/2026 | No | 15 | 79 | None |