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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ORCL | Oracle Corp | Options Chain | 8.30 | 8.45 | 1.60 | 5.00 | 0.32 | 0.62 | 94 | 157 | -0.28 | -0.14 | 173.28 | 155.00 | 6/18/2026 | Yes | 7 | 61 | None | |
| GLW | Corning Inc | Options Chain | 9.30 | 9.95 | 1.55 | 5.00 | 0.31 | 0.74 | 30 | 14 | -0.28 | -0.16 | 171.60 | 150.00 | 6/18/2026 | Yes | 8 | 55 | None | |
| HPQ | HP Inc | Options Chain | 0.80 | 0.83 | 0.31 | 1.00 | 0.31 | 0.52 | 0 | 10 | -0.30 | -0.01 | 20.14 | 18.00 | 6/18/2026 | Yes | 13 | 52 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 6.70 | 7.20 | 1.50 | 5.00 | 0.30 | 0.58 | 2 | 97 | -0.30 | -0.11 | 150.19 | 135.00 | 6/18/2026 | Yes | 11 | 60 | None | |
| EQNR | Equinor ASA | Options Chain | 1.10 | 1.25 | 0.30 | 1.00 | 0.30 | 0.40 | 7 | 6 | -0.29 | -0.02 | 37.87 | 35.00 | 6/18/2026 | Yes | 8 | 49 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.90 | 5.25 | 1.48 | 5.00 | 0.30 | 0.49 | 294 | 363 | -0.28 | -0.08 | 149.90 | 135.00 | 6/18/2026 | Yes | 9 | 66 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 13.20 | 13.75 | 2.93 | 10.00 | 0.29 | 0.47 | 74 | 382 | -0.28 | -0.24 | 403.40 | 370.00 | 6/18/2026 | No | 20 | 62 |
Dividend Stock List |
|
| APA | APA Corporation | Options Chain | 1.57 | 1.66 | 0.73 | 2.50 | 0.29 | 0.55 | 22 | 5 | -0.28 | -0.03 | 38.55 | 35.00 | 6/18/2026 | Yes | 12 | 62 | None | |
| SHW | Sherwin-Williams Company | Options Chain | 7.10 | 8.80 | 2.90 | 10.00 | 0.29 | 0.30 | 1 | 0 | -0.29 | -0.14 | 337.70 | 320.00 | 6/18/2026 | Yes | 10 | 62 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.75 | 6.90 | 1.45 | 5.00 | 0.29 | 0.25 | 70 | 5 | -0.30 | -0.12 | 308.28 | 300.00 | 6/18/2026 | No | 12 | 79 | None | |
| DKS | Dicks Sporting Goods Inc | Options Chain | 7.90 | 8.60 | 2.85 | 10.00 | 0.29 | 0.49 | 2 | 1 | -0.29 | -0.14 | 225.91 | 210.00 | 6/18/2026 | Yes | 8 | 60 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.80 | 0.95 | 0.28 | 1.00 | 0.28 | 0.42 | 1 | 0 | -0.30 | -0.02 | 26.29 | 25.00 | 6/18/2026 | Yes | 13 | 64 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 2.50 | 2.65 | 1.38 | 5.00 | 0.28 | 0.59 | 1 | 0 | -0.30 | -0.04 | 55.99 | 50.00 | 6/18/2026 | Yes | 14 | 55 | None | |
| GM | General Motors Company | Options Chain | 2.52 | 2.70 | 0.68 | 2.50 | 0.27 | 0.43 | 5 | 18 | -0.29 | -0.05 | 78.10 | 72.50 | 6/18/2026 | Yes | 9 | 60 | None | |
| DPZ | Dominos Pizza Inc | Options Chain | 8.30 | 9.80 | 2.60 | 10.00 | 0.26 | 0.29 | 45 | 5 | -0.29 | -0.12 | 367.83 | 320.00 | 6/18/2026 | Yes | 9 | 56 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.30 | 3.45 | 1.28 | 5.00 | 0.26 | 0.32 | 15 | 16 | -0.27 | -0.06 | 150.53 | 140.00 | 6/18/2026 | Yes | 9 | 66 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 6.00 | 6.70 | 2.50 | 10.00 | 0.25 | 0.47 | 1 | 0 | -0.24 | -0.13 | 241.16 | 210.00 | 6/18/2026 | Yes | 9 | 66 | None | |
| RTX | RTX Corp | Options Chain | 3.65 | 3.90 | 1.25 | 5.00 | 0.25 | 0.30 | 24 | 37 | -0.28 | -0.07 | 174.26 | 165.00 | 6/18/2026 | No | 13 | 67 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.82 | 0.87 | 0.25 | 1.00 | 0.25 | 0.25 | 12 | 204 | -0.29 | -0.02 | 46.53 | 46.00 | 6/18/2026 | Yes | 9 | 73 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.10 | 2.20 | 0.62 | 2.50 | 0.25 | 0.45 | 1 | 44 | -0.28 | -0.04 | 68.37 | 62.50 | 6/18/2026 | No | 17 | 66 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.90 | 2.20 | 1.20 | 5.00 | 0.24 | 0.38 | 1 | 4 | -0.28 | -0.03 | 69.04 | 65.00 | 6/18/2026 | No | 11 | 62 | None | |
| HAL | Halliburton Company | Options Chain | 0.92 | 1.01 | 0.24 | 1.00 | 0.24 | 0.38 | 0 | 36 | -0.25 | -0.02 | 40.36 | 37.00 | 6/18/2026 | No | 8 | 55 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.05 | 7.70 | 2.38 | 10.00 | 0.24 | 0.30 | 254 | 774 | -0.28 | -0.14 | 354.05 | 330.00 | 6/18/2026 | No | 11 | 64 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.43 | 1.54 | 0.57 | 2.50 | 0.23 | 0.39 | 13 | 61 | -0.26 | -0.03 | 56.99 | 52.50 | 6/18/2026 | Yes | 7 | 51 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.80 | 1.86 | 0.56 | 2.50 | 0.22 | 0.30 | 112 | 59 | -0.27 | -0.03 | 88.59 | 85.00 | 6/18/2026 | No | 15 | 69 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.13 | 1.24 | 0.53 | 2.50 | 0.21 | 0.31 | 25 | 9 | -0.25 | -0.03 | 58.71 | 55.00 | 6/18/2026 | Yes | 15 | 60 | None | |
| WMT | Walmart Inc | Options Chain | 2.31 | 2.42 | 1.03 | 5.00 | 0.21 | 0.32 | 43 | 82 | -0.23 | -0.05 | 129.92 | 120.00 | 6/18/2026 | Yes | 7 | 56 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.10 | 0.85 | 0.20 | 1.00 | 0.20 | 0.20 | 0 | 33 | -0.20 | -0.01 | 38.00 | 36.00 | 6/18/2026 | Yes | 8 | 58 | None | |
| T | AT&T Inc | Options Chain | 0.43 | 0.46 | 0.20 | 1.00 | 0.20 | 0.24 | 78 | 11 | -0.28 | -0.01 | 26.20 | 25.00 | 6/18/2026 | No | 8 | 57 | None | |
| EXC | Exelon Corp | Options Chain | 0.80 | 0.95 | 0.20 | 1.00 | 0.20 | 0.24 | 13 | 0 | -0.30 | -0.01 | 46.59 | 45.00 | 6/18/2026 | Yes | 10 | 69 | None | |
| KO | Coca-Cola Company | Options Chain | 1.07 | 1.15 | 0.48 | 2.50 | 0.19 | 0.22 | 45 | 108 | -0.25 | -0.02 | 76.63 | 72.50 | 6/18/2026 | Yes | 10 | 69 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.99 | 1.04 | 0.54 | 3.00 | 0.18 | 0.26 | 134 | 62 | -0.28 | -0.02 | 52.47 | 50.00 | 6/18/2026 | No | 13 | 74 | None | |
| RF | Regions Financial Corp | Options Chain | 0.40 | 0.55 | 0.18 | 1.00 | 0.18 | 0.31 | 1 | 0 | -0.24 | -0.01 | 27.76 | 26.00 | 6/18/2026 | No | 15 | 61 | None | |
| SAN | Banco Santander S.A. | Options Chain | 0.25 | 0.40 | 0.18 | 1.00 | 0.18 | 0.41 | 170 | 0 | -0.27 | -0.01 | 11.98 | 11.00 | 6/18/2026 | Yes | 12 | 55 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.45 | 0.60 | 0.18 | 1.00 | 0.18 | 0.39 | 0 | 2 | -0.28 | -0.01 | 20.50 | 19.00 | 6/18/2026 | Yes | 10 | 67 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.85 | 0.91 | 0.41 | 2.50 | 0.16 | 0.41 | 13 | 2 | -0.20 | -0.02 | 48.15 | 42.50 | 6/18/2026 | Yes | 9 | 63 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.37 | 0.43 | 0.16 | 1.00 | 0.16 | 0.25 | 1042 | 142 | -0.22 | -0.01 | 31.74 | 29.00 | 6/18/2026 | No | 12 | 67 | None | |
| KDP | Keurig Dr Pepper Inc | Options Chain | 0.30 | 0.40 | 0.15 | 1.00 | 0.15 | 0.24 | 3 | 0 | -0.20 | -0.01 | 29.14 | 27.00 | 6/18/2026 | No | 10 | 51 | None |