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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WDS | Woodside Energy Group Ltd | Options Chain | 0.00 | 2.00 | 0.80 | 2.50 | 0.32 | 0.87 | 0 | 1 | -0.10 | 0.00 | 21.92 | 20.00 | 4/17/2026 | No | 10 | 50 | None | |
| TECK | Teck Resources Ltd - Class B - Class B (Sub Voting) | Options Chain | 1.75 | 2.25 | 0.32 | 1.00 | 0.32 | 0.58 | 21 | 5 | -0.26 | -0.04 | 55.50 | 50.00 | 4/17/2026 | No | 12 | 56 | None | |
| GLW | Corning Inc | Options Chain | 6.40 | 6.85 | 1.53 | 5.00 | 0.31 | 0.68 | 27 | 169 | -0.28 | -0.14 | 144.55 | 130.00 | 4/17/2026 | No | 9 | 57 | None | |
| INTU | Intuit Inc | Options Chain | 14.90 | 16.00 | 2.90 | 10.00 | 0.29 | 0.49 | 6 | 17 | -0.30 | -0.32 | 433.35 | 410.00 | 4/17/2026 | No | 13 | 69 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.60 | 2.80 | 0.72 | 2.50 | 0.29 | 0.34 | 2 | 102 | -0.26 | -0.02 | 95.31 | 90.00 | 4/17/2026 | No | 10 | 71 | None | |
| HPQ | HP Inc | Options Chain | 0.42 | 0.47 | 0.28 | 1.00 | 0.28 | 0.47 | 55 | 6 | -0.21 | -0.01 | 19.24 | 17.00 | 4/17/2026 | No | 12 | 51 | None | |
| ORCL | Oracle Corp | Options Chain | 6.35 | 6.60 | 1.40 | 5.00 | 0.28 | 0.69 | 281 | 459 | -0.26 | -0.14 | 149.01 | 135.00 | 4/17/2026 | Yes | 7 | 60 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 5.70 | 6.70 | 1.40 | 5.00 | 0.28 | 0.44 | 11 | 1 | -0.28 | -0.13 | 215.25 | 200.00 | 4/17/2026 | No | 8 | 66 | None | |
| NEM | Newmont Corp | Options Chain | 4.10 | 4.65 | 1.39 | 5.00 | 0.28 | 0.54 | 133 | 85 | -0.29 | -0.10 | 118.52 | 110.00 | 4/17/2026 | No | 15 | 73 | None | |
| RTX | RTX Corp | Options Chain | 4.40 | 5.00 | 1.35 | 5.00 | 0.27 | 0.30 | 70 | 328 | -0.30 | -0.10 | 206.52 | 200.00 | 4/17/2026 | No | 13 | 62 | None | |
| NUE | Nucor Corp | Options Chain | 3.80 | 5.00 | 1.30 | 5.00 | 0.26 | 0.38 | 10 | 4 | -0.28 | -0.09 | 177.40 | 165.00 | 4/17/2026 | No | 10 | 59 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.30 | 8.45 | 1.28 | 5.00 | 0.26 | 0.31 | 1606 | 1899 | -0.28 | -0.20 | 403.93 | 385.00 | 4/17/2026 | No | 11 | 65 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.25 | 11.25 | 2.55 | 10.00 | 0.26 | 0.47 | 917 | 934 | -0.27 | -0.22 | 357.44 | 330.00 | 4/17/2026 | No | 22 | 67 |
Dividend Stock List |
|
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.75 | 2.10 | 0.63 | 2.50 | 0.25 | 0.46 | 18 | 297 | -0.28 | -0.04 | 58.21 | 57.50 | 4/17/2026 | No | 7 | 55 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.35 | 0.55 | 0.25 | 1.00 | 0.25 | 0.41 | 19 | 0 | -0.26 | -0.01 | 18.39 | 17.00 | 4/17/2026 | No | 7 | 58 | None | |
| SLB | SLB | Options Chain | 1.28 | 1.36 | 0.61 | 2.50 | 0.24 | 0.40 | 229 | 46 | -0.29 | -0.03 | 48.58 | 45.00 | 4/17/2026 | No | 8 | 58 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.20 | 7.85 | 2.40 | 10.00 | 0.24 | 0.40 | 139 | 252 | -0.28 | -0.14 | 291.96 | 270.00 | 4/17/2026 | No | 9 | 58 | None | |
| INFY | Infosys Ltd | Options Chain | 0.40 | 0.55 | 0.23 | 1.00 | 0.23 | 0.51 | 18 | 41 | -0.28 | -0.01 | 14.45 | 13.00 | 4/17/2026 | Yes | 11 | 43 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.27 | 1.37 | 0.56 | 2.50 | 0.22 | 0.39 | 512 | 66 | -0.28 | -0.03 | 53.46 | 50.00 | 4/17/2026 | No | 7 | 52 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.15 | 6.50 | 1.10 | 5.00 | 0.22 | 0.38 | 60 | 115 | -0.28 | -0.15 | 250.50 | 235.00 | 4/17/2026 | No | 14 | 74 | None | |
| PPL | PPL Corp | Options Chain | 0.50 | 0.60 | 0.22 | 1.00 | 0.22 | 0.22 | 1 | 0 | -0.29 | -0.01 | 38.25 | 37.00 | 4/17/2026 | No | 9 | 66 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.00 | 3.20 | 1.05 | 5.00 | 0.21 | 0.37 | 79 | 76 | -0.28 | -0.07 | 138.13 | 130.00 | 4/17/2026 | No | 11 | 72 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.50 | 2.74 | 1.02 | 5.00 | 0.20 | 0.33 | 1284 | 242 | -0.24 | -0.07 | 151.60 | 140.00 | 4/17/2026 | No | 10 | 73 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.76 | 1.83 | 0.50 | 2.50 | 0.20 | 0.39 | 113 | 66 | -0.25 | -0.05 | 82.63 | 77.50 | 4/17/2026 | No | 13 | 75 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.52 | 0.90 | 0.20 | 1.00 | 0.20 | 0.59 | 2 | 6 | -0.24 | -0.01 | 21.64 | 19.00 | 4/17/2026 | Yes | 8 | 52 | None | |
| RF | Regions Financial Corp | Options Chain | 0.50 | 0.70 | 0.20 | 1.00 | 0.20 | 0.36 | 4 | 0 | -0.27 | -0.02 | 27.74 | 26.00 | 4/17/2026 | Yes | 15 | 69 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.45 | 6.05 | 0.97 | 5.00 | 0.19 | 0.33 | 62 | 303 | -0.27 | -0.13 | 299.72 | 280.00 | 4/17/2026 | Yes | 9 | 79 | None | |
| GM | General Motors Company | Options Chain | 1.47 | 1.55 | 0.48 | 2.50 | 0.19 | 0.37 | 67 | 15 | -0.24 | -0.04 | 78.60 | 72.50 | 4/17/2026 | No | 11 | 60 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.50 | 0.54 | 0.19 | 1.00 | 0.19 | 0.29 | 50 | 6 | -0.25 | -0.02 | 33.95 | 32.00 | 4/17/2026 | Yes | 8 | 60 | None | |
| NVO | Novo Nordisk | Options Chain | 1.15 | 1.21 | 0.90 | 5.00 | 0.18 | 0.46 | 1202 | 106 | -0.25 | -0.01 | 36.66 | 35.00 | 4/17/2026 | No | 11 | 52 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.64 | 0.69 | 0.18 | 1.00 | 0.18 | 0.27 | 450 | 607 | -0.24 | -0.02 | 51.20 | 48.00 | 4/17/2026 | No | 8 | 65 | None | |
| KO | Coca-Cola Company | Options Chain | 0.95 | 1.05 | 0.44 | 2.50 | 0.18 | 0.21 | 628 | 2114 | -0.27 | -0.02 | 78.18 | 75.00 | 4/17/2026 | No | 10 | 68 | None | |
| KEY | Keycorp | Options Chain | 0.40 | 0.44 | 0.17 | 1.00 | 0.17 | 0.39 | 1 | 3 | -0.24 | -0.01 | 20.71 | 19.00 | 4/17/2026 | Yes | 10 | 59 | None | |
| HST | Host Hotels & Resorts Inc | Options Chain | 0.25 | 0.45 | 0.17 | 1.00 | 0.17 | 0.30 | 2 | 2 | -0.26 | -0.01 | 20.12 | 18.85 | 4/17/2026 | No | 12 | 60 | None | |
| WMT | Walmart Inc | Options Chain | 1.87 | 1.96 | 0.85 | 5.00 | 0.17 | 0.29 | 285 | 1044 | -0.25 | -0.06 | 127.81 | 120.00 | 4/17/2026 | No | 8 | 58 | None | |
| T | AT&T Inc | Options Chain | 0.35 | 0.38 | 0.16 | 1.00 | 0.16 | 0.27 | 66 | 77 | -0.22 | -0.01 | 28.98 | 27.00 | 4/17/2026 | No | 12 | 66 | None |