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 | 2.41 | 2.85 | 0.53 | 1.00 | 0.53 | 0.78 | 92 | 5 | -0.29 | -0.05 | 38.21 | 38.00 | 7/17/2026 | Yes | 6 | 51 | None | |
| GS | Goldman Sachs Group Inc | Options Chain | 22.80 | 26.00 | 2.12 | 5.00 | 0.42 | 0.33 | 13 | 15 | -0.30 | -0.45 | 1,008.37 | 965.00 | 7/17/2026 | Yes | 9 | 68 | None | |
| GLW | Corning Inc | Options Chain | 9.50 | 9.85 | 1.83 | 5.00 | 0.37 | 0.69 | 107 | 61 | -0.30 | -0.17 | 182.97 | 160.00 | 7/17/2026 | No | 8 | 52 | None | |
| ORCL | Oracle Corp | Options Chain | 11.10 | 11.25 | 1.80 | 5.00 | 0.36 | 0.68 | 375 | 137 | -0.30 | -0.20 | 203.70 | 200.00 | 7/17/2026 | Yes | 9 | 66 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 22.80 | 23.35 | 3.58 | 10.00 | 0.36 | 0.73 | 94 | 201 | -0.30 | -0.41 | 317.05 | 370.00 | 7/17/2026 | Yes | 13 | 58 | None | |
| QCOM | Qualcomm Inc | Options Chain | 13.65 | 14.25 | 3.57 | 10.00 | 0.36 | 0.79 | 178 | 110 | -0.26 | -0.24 | 243.29 | 220.00 | 7/17/2026 | No | 11 | 64 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 14.05 | 14.75 | 3.25 | 10.00 | 0.33 | 0.46 | 127 | 144 | -0.29 | -0.26 | 424.86 | 390.00 | 7/17/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| APH | Amphenol Corp - Class A | Options Chain | 5.90 | 6.10 | 1.60 | 5.00 | 0.32 | 0.53 | 12 | 18 | -0.29 | -0.10 | 148.72 | 135.00 | 7/17/2026 | No | 8 | 58 | None | |
| NTAP | Netapp Inc | Options Chain | 5.90 | 7.60 | 1.60 | 5.00 | 0.32 | 0.50 | 0 | 4 | -0.30 | -0.12 | 162.50 | 165.00 | 7/17/2026 | Yes | 13 | 68 | None | |
| NTR | Nutrien Ltd | Options Chain | 1.55 | 1.85 | 0.72 | 2.50 | 0.29 | 0.31 | 9 | 301 | -0.30 | -0.03 | 69.65 | 65.00 | 7/17/2026 | No | 11 | 62 | None | |
| COST | Costco Wholesale Corp | Options Chain | 14.35 | 15.25 | 1.37 | 5.00 | 0.27 | 0.23 | 44 | 43 | -0.29 | -0.36 | 995.98 | 915.00 | 7/17/2026 | Yes | 14 | 59 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.00 | 8.50 | 2.60 | 10.00 | 0.26 | 0.30 | 30 | 75 | -0.30 | -0.14 | 382.53 | 360.00 | 7/17/2026 | No | 9 | 58 | None | |
| C | Citigroup Inc | Options Chain | 3.15 | 3.30 | 1.30 | 5.00 | 0.26 | 0.34 | 55 | 519 | -0.30 | -0.06 | 124.68 | 120.00 | 7/17/2026 | Yes | 12 | 69 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.34 | 2.46 | 1.29 | 5.00 | 0.26 | 0.53 | 197 | 282 | -0.28 | -0.05 | 65.87 | 60.00 | 7/17/2026 | No | 10 | 58 | None | |
| CDW | CDW Corp | Options Chain | 3.20 | 4.10 | 1.25 | 5.00 | 0.25 | 0.43 | 15 | 0 | -0.28 | -0.08 | 116.16 | 115.00 | 7/17/2026 | No | 14 | 57 | None | |
| UNP | Union Pacific Corp | Options Chain | 4.40 | 4.70 | 1.25 | 5.00 | 0.25 | 0.26 | 9 | 3 | -0.30 | -0.11 | 267.00 | 250.00 | 7/17/2026 | No | 11 | 73 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.10 | 2.30 | 0.62 | 2.50 | 0.25 | 0.38 | 0 | 3 | -0.27 | -0.05 | 87.80 | 82.50 | 7/17/2026 | No | 11 | 24 | None | |
| GM | General Motors Company | Options Chain | 1.98 | 2.07 | 0.62 | 2.50 | 0.25 | 0.38 | 88 | 64 | -0.27 | -0.04 | 84.35 | 77.50 | 7/17/2026 | No | 9 | 60 | None | |
| BWA | BorgWarner Inc | Options Chain | 2.00 | 2.35 | 0.60 | 2.50 | 0.24 | 0.50 | 2 | 1 | -0.26 | -0.05 | 71.31 | 65.00 | 7/17/2026 | No | 12 | 59 | None | |
| HPQ | HP Inc | Options Chain | 0.71 | 0.77 | 0.24 | 1.00 | 0.24 | 0.52 | 86 | 74 | -0.24 | -0.01 | 25.01 | 24.00 | 7/17/2026 | Yes | 13 | 57 | None | |
| F | Ford Motor Company | Options Chain | 0.48 | 0.50 | 0.23 | 1.00 | 0.23 | 0.47 | 1068 | 6146 | -0.25 | -0.01 | 16.65 | 16.00 | 7/17/2026 | No | 9 | 48 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.67 | 0.73 | 0.23 | 1.00 | 0.23 | 0.24 | 5044 | 40 | -0.25 | -0.01 | 48.01 | 45.00 | 7/17/2026 | No | 9 | 64 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.90 | 1.25 | 0.23 | 1.00 | 0.23 | 0.39 | 0 | 3 | -0.26 | -0.03 | 42.80 | 40.00 | 7/17/2026 | Yes | 10 | 68 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.49 | 0.57 | 0.23 | 1.00 | 0.23 | 0.25 | 102 | 2 | -0.29 | -0.01 | 31.91 | 30.00 | 7/17/2026 | Yes | 13 | 67 | None | |
| HON | Honeywell International Inc | Options Chain | 4.10 | 5.00 | 2.30 | 10.00 | 0.23 | 0.34 | 23 | 22 | -0.23 | -0.11 | 233.00 | 220.00 | 7/17/2026 | No | 8 | 68 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.80 | 5.10 | 1.12 | 5.00 | 0.22 | 0.28 | 87 | 91 | -0.27 | -0.10 | 296.73 | 280.00 | 7/17/2026 | Yes | 9 | 70 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.59 | 1.69 | 0.55 | 2.50 | 0.22 | 0.29 | 26 | 659 | -0.27 | -0.04 | 85.35 | 82.50 | 7/17/2026 | Yes | 17 | 67 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.87 | 0.93 | 0.22 | 1.00 | 0.22 | 0.29 | 1456 | 128 | -0.26 | -0.02 | 50.77 | 48.00 | 7/17/2026 | Yes | 10 | 65 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.51 | 1.59 | 0.54 | 2.50 | 0.22 | 0.33 | 21 | 326 | -0.26 | -0.04 | 76.65 | 72.50 | 7/17/2026 | Yes | 13 | 74 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.91 | 0.96 | 0.52 | 2.50 | 0.21 | 0.38 | 13 | 6 | -0.25 | -0.02 | 44.11 | 40.00 | 7/17/2026 | No | 7 | 51 | None | |
| OKE | Oneok Inc | Options Chain | 1.75 | 1.85 | 1.00 | 5.00 | 0.20 | 0.32 | 85 | 320 | -0.28 | -0.04 | 87.02 | 80.00 | 7/17/2026 | No | 13 | 74 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.60 | 0.70 | 0.20 | 1.00 | 0.20 | 0.43 | 201 | 0 | -0.26 | -0.01 | 28.19 | 25.00 | 7/17/2026 | No | 15 | 65 | None | |
| PPL | PPL Corp | Options Chain | 0.40 | 0.60 | 0.20 | 1.00 | 0.20 | 0.21 | 5 | 0 | -0.29 | -0.01 | 35.33 | 34.00 | 7/17/2026 | No | 9 | 67 | None | |
| WMT | Walmart Inc | Options Chain | 1.83 | 1.88 | 0.98 | 5.00 | 0.20 | 0.25 | 791 | 321 | -0.27 | -0.05 | 118.52 | 110.00 | 7/17/2026 | No | 10 | 57 | None | |
| APA | APA Corporation | Options Chain | 0.95 | 1.01 | 0.49 | 2.50 | 0.20 | 0.48 | 30 | 3 | -0.23 | -0.02 | 36.53 | 32.50 | 7/17/2026 | No | 15 | 62 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.09 | 2.27 | 0.91 | 5.00 | 0.18 | 0.36 | 170 | 134 | -0.23 | -0.05 | 119.83 | 110.00 | 7/17/2026 | No | 9 | 62 | None | |
| COP | Conoco Phillips | Options Chain | 1.69 | 1.78 | 0.90 | 5.00 | 0.18 | 0.32 | 20 | 23 | -0.22 | -0.05 | 114.99 | 105.00 | 7/17/2026 | No | 7 | 67 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.35 | 1.65 | 0.90 | 5.00 | 0.18 | 0.38 | 2 | 2 | -0.27 | -0.04 | 64.71 | 60.00 | 7/17/2026 | No | 11 | 55 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.30 | 0.35 | 0.18 | 1.00 | 0.18 | 0.45 | 1 | 0 | -0.27 | -0.01 | 12.74 | 12.00 | 7/17/2026 | Yes | 19 | 59 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.97 | 2.03 | 0.87 | 5.00 | 0.17 | 0.30 | 140 | 73 | -0.22 | -0.06 | 146.96 | 135.00 | 7/17/2026 | No | 10 | 71 | None | |
| T | AT&T Inc | Options Chain | 0.32 | 0.35 | 0.17 | 1.00 | 0.17 | 0.27 | 473 | 378 | -0.24 | -0.01 | 24.88 | 23.00 | 7/17/2026 | No | 8 | 58 | None | |
| DOW | Dow Inc | Options Chain | 0.71 | 0.75 | 0.40 | 2.50 | 0.16 | 0.45 | 9 | 2 | -0.22 | -0.02 | 34.77 | 30.00 | 7/17/2026 | No | 6 | 49 | None | |
| XEL | Xcel Energy Inc | Options Chain | 1.10 | 1.40 | 0.75 | 5.00 | 0.15 | 0.25 | 2 | 1 | -0.26 | -0.02 | 79.26 | 75.00 | 7/17/2026 | No | 8 | 64 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.45 | 0.15 | 1.00 | 0.15 | 0.29 | 1 | 0 | -0.26 | -0.01 | 21.34 | 20.00 | 7/17/2026 | No | 10 | 59 | None |