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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NKE | Nike Inc - Class B | Options Chain | 1.01 | 1.93 | 0.63 | 1.00 | 0.63 | 0.51 | 11 | 0 | -0.29 | -0.03 | 37.34 | 34.00 | 10/30/2026 | Yes | 10 | 51 | None | |
| ORCL | Oracle Corp | Options Chain | 7.00 | 8.60 | 0.60 | 1.00 | 0.60 | 0.69 | 100 | 88 | -0.30 | -0.15 | 161.63 | 140.00 | 10/23/2026 | Yes | 11 | 67 | None | |
| GLW | Corning Inc | Options Chain | 6.25 | 8.20 | 2.00 | 5.00 | 0.40 | 0.66 | 0 | 2 | -0.26 | -0.14 | 168.00 | 145.00 | 10/30/2026 | Yes | 11 | 54 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.70 | 13.30 | 1.87 | 5.00 | 0.37 | 0.37 | 0 | 20 | -0.30 | -0.22 | 434.92 | 405.00 | 10/30/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| AMGN | AMGEN Inc | Options Chain | 6.10 | 9.45 | 1.63 | 5.00 | 0.33 | 0.29 | 0 | 4 | -0.28 | -0.17 | 391.49 | 365.00 | 10/30/2026 | No | 14 | 72 | None | |
| CRM | Salesforce Inc | Options Chain | 5.85 | 7.20 | 1.48 | 5.00 | 0.30 | 0.40 | 9 | 3 | -0.27 | -0.13 | 244.55 | 225.00 | 10/30/2026 | No | 15 | 70 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.55 | 4.60 | 1.40 | 5.00 | 0.28 | 0.22 | 1 | 0 | -0.29 | -0.10 | 253.48 | 245.00 | 10/30/2026 | No | 12 | 66 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.30 | 12.00 | 1.30 | 5.00 | 0.26 | 0.32 | 2 | 5 | -0.28 | -0.25 | 491.65 | 465.00 | 10/30/2026 | No | 14 | 72 | None | |
| F | Ford Motor Company | Options Chain | 0.28 | 0.44 | 0.13 | 0.50 | 0.26 | 0.38 | 2 | 0 | -0.29 | -0.01 | 13.51 | 13.00 | 10/30/2026 | Yes | 9 | 48 | None | |
| LOW | Lowe`s Cos. Inc | Options Chain | 3.20 | 4.10 | 1.27 | 5.00 | 0.25 | 0.29 | 2 | 6 | -0.27 | -0.08 | 198.60 | 185.00 | 10/30/2026 | No | 10 | 63 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.55 | 7.05 | 1.27 | 5.00 | 0.25 | 0.45 | 5 | 4 | -0.29 | -0.14 | 176.40 | 165.00 | 10/30/2026 | No | 12 | 71 | None | |
| AVGO | Broadcom Inc | Options Chain | 9.05 | 11.00 | 1.20 | 5.00 | 0.24 | 0.37 | 52 | 7 | -0.30 | -0.20 | 363.73 | 340.00 | 10/30/2026 | No | 10 | 65 | None | |
| CVX | Chevron Corp | Options Chain | 2.88 | 4.30 | 0.93 | 5.00 | 0.19 | 0.29 | 511 | 5 | -0.25 | -0.09 | 214.45 | 200.00 | 10/30/2026 | Yes | 13 | 77 | None |