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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| F | Ford Motor Company | Options Chain | 0.50 | 0.58 | 0.17 | 0.50 | 0.34 | 0.41 | 2 | 102 | -0.32 | -0.01 | 14.95 | 14.00 | 7/24/2026 | No | 9 | 46 | None | |
| DOW | Dow Inc | Options Chain | 0.80 | 1.55 | 0.33 | 1.00 | 0.33 | 0.49 | 0 | 116 | -0.29 | -0.02 | 33.01 | 31.00 | 7/24/2026 | Yes | 6 | 49 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 3.90 | 4.20 | 0.95 | 5.00 | 0.19 | 0.56 | 0 | 4 | -0.27 | -0.12 | 153.14 | 140.00 | 7/17/2026 | No | 8 | 58 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.35 | 1.75 | 0.92 | 5.00 | 0.18 | 0.40 | 1 | 1 | -0.30 | -0.04 | 63.76 | 60.00 | 7/17/2026 | No | 16 | 63 | None |