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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GLW | Corning Inc | Options Chain | 8.95 | 11.25 | 1.27 | 2.50 | 0.51 | 0.73 | 74 | 4 | -0.29 | -0.21 | 207.15 | 175.00 | 6/26/2026 | No | 8 | 52 | None | |
| AA | Alcoa Corp | Options Chain | 2.05 | 2.84 | 0.43 | 1.00 | 0.43 | 0.59 | 10 | 1 | -0.28 | -0.05 | 66.03 | 57.00 | 6/26/2026 | No | 12 | 53 | None | |
| ORCL | Oracle Corp | Options Chain | 8.40 | 10.10 | 1.00 | 2.50 | 0.40 | 0.65 | 1 | 13 | -0.30 | -0.20 | 196.54 | 177.50 | 6/26/2026 | Yes | 7 | 61 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.00 | 1.43 | 0.39 | 1.00 | 0.39 | 0.39 | 0 | 7 | -0.27 | -0.02 | 47.23 | 46.00 | 6/26/2026 | No | 7 | 51 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 10.20 | 13.50 | 1.92 | 5.00 | 0.38 | 0.71 | 1 | 1 | -0.28 | -0.27 | 247.34 | 220.00 | 6/26/2026 | Yes | 12 | 53 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.69 | 1.13 | 0.38 | 1.00 | 0.38 | 0.30 | 12 | 6 | -0.28 | -0.02 | 49.91 | 47.00 | 6/26/2026 | No | 13 | 73 | None | |
| AVGO | Broadcom Inc | Options Chain | 14.90 | 17.25 | 1.83 | 5.00 | 0.37 | 0.52 | 11 | 12 | -0.30 | -0.32 | 440.00 | 395.00 | 6/26/2026 | Yes | 9 | 62 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.15 | 13.15 | 1.80 | 5.00 | 0.36 | 0.42 | 34 | 20 | -0.30 | -0.27 | 404.35 | 380.00 | 6/26/2026 | No | 20 | 61 |
Dividend Stock List |
|
| NEM | Newmont Corp | Options Chain | 3.10 | 3.95 | 0.36 | 1.00 | 0.36 | 0.47 | 1 | 1 | -0.29 | -0.08 | 116.29 | 102.00 | 6/26/2026 | No | 19 | 73 | None | |
| HD | Home Depot Inc | Options Chain | 5.35 | 7.35 | 1.75 | 5.00 | 0.35 | 0.33 | 5 | 9 | -0.28 | -0.12 | 303.53 | 280.00 | 6/26/2026 | Yes | 6 | 60 | None | |
| WMT | Walmart Inc | Options Chain | 2.21 | 3.20 | 0.35 | 1.00 | 0.35 | 0.29 | 1 | 1 | -0.30 | -0.06 | 131.45 | 126.00 | 6/26/2026 | Yes | 8 | 56 | None | |
| QCOM | Qualcomm Inc | Options Chain | 8.10 | 11.00 | 0.80 | 2.50 | 0.32 | 0.68 | 4 | 18 | -0.29 | -0.20 | 206.27 | 182.50 | 6/26/2026 | No | 14 | 71 | None | |
| VST | Vistra Corp | Options Chain | 4.00 | 4.70 | 1.58 | 5.00 | 0.32 | 0.47 | 19 | 15 | -0.29 | -0.10 | 139.68 | 130.00 | 6/26/2026 | No | 6 | 56 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.80 | 8.75 | 1.53 | 5.00 | 0.31 | 0.29 | 13 | 7 | -0.30 | -0.14 | 393.85 | 375.00 | 6/26/2026 | No | 11 | 64 | None | |
| APA | APA Corporation | Options Chain | 0.96 | 1.39 | 0.29 | 1.00 | 0.29 | 0.47 | 0 | 5 | -0.28 | -0.03 | 37.11 | 36.00 | 6/26/2026 | No | 9 | 53 | None | |
| MO | Altria Group Inc | Options Chain | 1.03 | 1.48 | 0.29 | 1.00 | 0.29 | 0.24 | 8 | 0 | -0.29 | -0.02 | 72.10 | 70.00 | 6/26/2026 | No | 12 | 68 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.45 | 0.82 | 0.29 | 1.00 | 0.29 | 0.33 | 26 | 11 | -0.30 | -0.02 | 25.26 | 24.00 | 6/26/2026 | No | 15 | 63 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.56 | 1.26 | 0.25 | 1.00 | 0.25 | 0.28 | 2 | 4 | -0.27 | -0.02 | 56.77 | 54.00 | 6/26/2026 | No | 15 | 61 | None | |
| KO | Coca-Cola Company | Options Chain | 0.79 | 1.08 | 0.25 | 1.00 | 0.25 | 0.19 | 4 | 5 | -0.29 | -0.02 | 80.58 | 78.00 | 6/26/2026 | No | 12 | 70 | None | |
| C | Citigroup Inc | Options Chain | 2.42 | 3.15 | 0.25 | 1.00 | 0.25 | 0.32 | 6 | 3 | -0.30 | -0.07 | 124.82 | 118.00 | 6/26/2026 | No | 15 | 78 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 3.90 | 5.25 | 1.22 | 5.00 | 0.24 | 0.26 | 20 | 31 | -0.27 | -0.12 | 300.18 | 285.00 | 6/26/2026 | No | 10 | 70 | None | |
| T | AT&T Inc | Options Chain | 0.25 | 0.52 | 0.24 | 1.00 | 0.24 | 0.27 | 205 | 2 | -0.24 | -0.01 | 24.03 | 23.00 | 6/26/2026 | No | 9 | 58 | None | |
| F | Ford Motor Company | Options Chain | 0.22 | 0.32 | 0.12 | 0.50 | 0.24 | 0.37 | 532 | 135 | -0.26 | -0.01 | 14.47 | 12.50 | 6/26/2026 | No | 9 | 49 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.34 | 0.63 | 0.23 | 1.00 | 0.23 | 0.26 | 13 | 1 | -0.26 | -0.01 | 33.38 | 32.00 | 6/26/2026 | No | 13 | 67 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.52 | 3.60 | 1.13 | 5.00 | 0.23 | 0.30 | 17 | 54 | -0.29 | -0.08 | 157.92 | 150.00 | 6/26/2026 | No | 11 | 70 | None | |
| MSFT | Microsoft Corporation | Options Chain | 6.65 | 7.85 | 1.10 | 5.00 | 0.22 | 0.30 | 168 | 67 | -0.27 | -0.18 | 408.10 | 400.00 | 6/26/2026 | No | 15 | 72 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.81 | 2.85 | 0.20 | 1.00 | 0.20 | 0.51 | 1 | 0 | -0.30 | -0.05 | 65.71 | 59.00 | 6/26/2026 | No | 14 | 62 | None | |
| V | Visa Inc - Class A | Options Chain | 4.25 | 5.65 | 0.97 | 5.00 | 0.19 | 0.23 | 1 | 2 | -0.29 | -0.13 | 325.75 | 315.00 | 6/26/2026 | No | 10 | 65 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.31 | 1.76 | 0.19 | 1.00 | 0.19 | 0.27 | 0 | 1 | -0.29 | -0.03 | 95.88 | 89.00 | 6/26/2026 | No | 7 | 63 | None | |
| COST | Costco Wholesale Corp | Options Chain | 16.35 | 19.75 | 0.80 | 5.00 | 0.16 | 0.25 | 5 | 0 | -0.30 | -0.42 | 1,041.22 | 1,010.00 | 6/26/2026 | Yes | 13 | 58 | None | |
| SONY | Sony Group Corporation | Options Chain | 0.40 | 0.55 | 0.08 | 0.50 | 0.16 | 0.36 | 1 | 0 | -0.27 | -0.01 | 22.31 | 21.00 | 6/26/2026 | No | 13 | 41 | None |