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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CSCO | Cisco Systems Inc | Options Chain | 3.45 | 4.15 | 0.47 | 1.00 | 0.47 | 0.48 | 0 | 2 | -0.30 | -0.09 | 117.08 | 104.00 | 8/28/2026 | Yes | 9 | 62 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.90 | 8.30 | 2.30 | 5.00 | 0.46 | 0.51 | 88 | 295 | -0.29 | -0.14 | 217.07 | 195.00 | 8/28/2026 | Yes | 13 | 70 | None | |
| WMT | Walmart Inc | Options Chain | 2.34 | 3.05 | 0.44 | 1.00 | 0.44 | 0.30 | 6 | 14 | -0.28 | -0.05 | 113.70 | 108.00 | 8/28/2026 | Yes | 10 | 59 | None | |
| CRM | Salesforce Inc | Options Chain | 4.10 | 7.00 | 1.92 | 5.00 | 0.38 | 0.48 | 23 | 10 | -0.28 | -0.11 | 168.16 | 155.00 | 8/28/2026 | No | 15 | 71 | None | |
| MSFT | Microsoft Corporation | Options Chain | 10.45 | 13.10 | 1.88 | 5.00 | 0.38 | 0.43 | 57 | 17 | -0.30 | -0.25 | 386.60 | 370.00 | 8/28/2026 | Yes | 15 | 72 | None | |
| AXP | American Express Company | Options Chain | 6.55 | 7.60 | 1.85 | 5.00 | 0.37 | 0.31 | 8 | 12 | -0.27 | -0.18 | 355.06 | 340.00 | 8/28/2026 | Yes | 12 | 70 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.10 | 6.50 | 1.75 | 5.00 | 0.35 | 0.24 | 6 | 21 | -0.29 | -0.14 | 342.54 | 335.00 | 8/28/2026 | Yes | 12 | 77 | None | |
| VLO | Valero Energy Corp | Options Chain | 6.20 | 9.40 | 1.70 | 5.00 | 0.34 | 0.44 | 0 | 1 | -0.28 | -0.16 | 300.00 | 270.00 | 8/28/2026 | Yes | 12 | 72 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 15.10 | 17.10 | 1.65 | 5.00 | 0.33 | 0.52 | 7 | 6 | -0.30 | -0.32 | 423.88 | 390.00 | 8/28/2026 | Yes | 20 | 61 |
Dividend Stock List |
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| ORCL | Oracle Corp | Options Chain | 4.55 | 6.00 | 1.63 | 5.00 | 0.33 | 0.61 | 102 | 77 | -0.27 | -0.12 | 129.00 | 120.00 | 8/28/2026 | No | 9 | 67 | None | |
| CFG | Citizens Financial Group Inc | Options Chain | 1.00 | 1.75 | 0.80 | 2.50 | 0.32 | 0.31 | 1 | 31 | -0.29 | -0.03 | 70.32 | 67.50 | 8/21/2026 | Yes | 16 | 77 | None | |
| QCOM | Qualcomm Inc | Options Chain | 7.95 | 9.15 | 1.57 | 5.00 | 0.31 | 0.70 | 0 | 9 | -0.28 | -0.19 | 178.68 | 160.00 | 8/28/2026 | Yes | 11 | 64 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.01 | 3.30 | 0.31 | 1.00 | 0.31 | 0.75 | 8 | 1 | -0.29 | -0.06 | 49.87 | 43.00 | 8/28/2026 | No | 8 | 51 | None | |
| NVO | Novo Nordisk | Options Chain | 1.29 | 1.75 | 0.29 | 1.00 | 0.29 | 0.43 | 5 | 2 | -0.30 | -0.03 | 49.07 | 47.00 | 8/28/2026 | Yes | 17 | 60 | None | |
| MCD | McDonald`s Corp | Options Chain | 4.30 | 4.75 | 1.41 | 5.00 | 0.28 | 0.26 | 23 | 54 | -0.28 | -0.12 | 269.15 | 255.00 | 8/28/2026 | Yes | 12 | 69 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 5.80 | 6.30 | 1.40 | 5.00 | 0.28 | 0.59 | 37 | 36 | -0.29 | -0.15 | 158.61 | 145.00 | 8/21/2026 | Yes | 11 | 60 | None | |
| COST | Costco Wholesale Corp | Options Chain | 12.35 | 14.70 | 1.40 | 5.00 | 0.28 | 0.22 | 31 | 2 | -0.30 | -0.30 | 921.50 | 885.00 | 8/28/2026 | No | 14 | 59 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.70 | 2.00 | 0.65 | 2.50 | 0.26 | 0.39 | 3 | 7 | -0.27 | -0.05 | 84.60 | 80.00 | 8/21/2026 | Yes | 11 | 25 | None | |
| APA | APA Corporation | Options Chain | 0.80 | 1.09 | 0.26 | 1.00 | 0.26 | 0.49 | 0 | 15 | -0.25 | -0.02 | 34.50 | 31.00 | 8/28/2026 | Yes | 15 | 64 | None | |
| F | Ford Motor Company | Options Chain | 0.33 | 0.36 | 0.13 | 0.50 | 0.26 | 0.42 | 11 | 21 | -0.26 | -0.01 | 13.94 | 13.00 | 8/28/2026 | Yes | 9 | 48 | None | |
| MS | Morgan Stanley | Options Chain | 4.35 | 5.65 | 1.26 | 5.00 | 0.25 | 0.34 | 3 | 11 | -0.28 | -0.10 | 231.50 | 215.00 | 8/28/2026 | Yes | 10 | 67 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.56 | 2.92 | 0.25 | 1.00 | 0.25 | 0.54 | 1 | 16 | -0.29 | -0.05 | 61.95 | 56.00 | 8/28/2026 | Yes | 13 | 63 | None | |
| AVGO | Broadcom Inc | Options Chain | 10.35 | 10.90 | 2.45 | 10.00 | 0.25 | 0.51 | 171 | 239 | -0.25 | -0.31 | 389.11 | 360.00 | 8/21/2026 | No | 12 | 64 | None | |
| PPL | PPL Corp | Options Chain | 0.30 | 0.55 | 0.23 | 1.00 | 0.23 | 0.25 | 7 | 0 | -0.22 | -0.02 | 36.10 | 34.00 | 8/21/2026 | Yes | 10 | 67 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.13 | 1.43 | 0.23 | 1.00 | 0.23 | 0.28 | 0 | 4 | -0.27 | -0.03 | 85.81 | 82.00 | 8/28/2026 | Yes | 13 | 73 | None | |
| V | Visa Inc - Class A | Options Chain | 5.05 | 6.65 | 1.15 | 5.00 | 0.23 | 0.27 | 2 | 1 | -0.26 | -0.15 | 356.84 | 340.00 | 8/28/2026 | Yes | 10 | 64 | None | |
| ALL | Allstate Corp (The) | Options Chain | 4.00 | 5.10 | 2.22 | 10.00 | 0.22 | 0.29 | 18 | 16 | -0.30 | -0.12 | 253.51 | 230.00 | 8/21/2026 | Yes | 19 | 75 | None | |
| NYT | New York Times Co. - Class A | Options Chain | 0.60 | 3.50 | 0.55 | 2.50 | 0.22 | 0.42 | 0 | 1501 | -0.29 | -0.04 | 72.98 | 70.00 | 8/21/2026 | Yes | 13 | 53 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.76 | 0.92 | 0.22 | 1.00 | 0.22 | 0.23 | 13 | 13 | -0.27 | -0.02 | 60.62 | 59.00 | 8/28/2026 | No | 13 | 74 | None | |
| C | Citigroup Inc | Options Chain | 2.52 | 3.45 | 0.22 | 1.00 | 0.22 | 0.32 | 1 | 0 | -0.30 | -0.06 | 134.10 | 128.00 | 8/28/2026 | Yes | 14 | 77 | None | |
| T | AT&T Inc | Options Chain | 0.33 | 0.49 | 0.11 | 0.50 | 0.22 | 0.34 | 1 | 1 | -0.26 | -0.01 | 21.30 | 20.00 | 8/28/2026 | Yes | 9 | 61 | None | |
| KO | Coca-Cola Company | Options Chain | 0.86 | 1.15 | 0.21 | 1.00 | 0.21 | 0.22 | 2 | 9 | -0.25 | -0.03 | 83.23 | 79.00 | 8/28/2026 | Yes | 12 | 67 | None | |
| KR | Kroger Company | Options Chain | 0.80 | 1.08 | 0.21 | 1.00 | 0.21 | 0.29 | 0 | 2 | -0.27 | -0.02 | 58.72 | 53.00 | 8/28/2026 | No | 10 | 55 | None | |
| CLX | Clorox Company | Options Chain | 2.00 | 2.45 | 1.03 | 5.00 | 0.21 | 0.40 | 94 | 129 | -0.27 | -0.05 | 94.47 | 90.00 | 8/21/2026 | Yes | 10 | 47 | None | |
| STT | State Street Corp | Options Chain | 3.20 | 4.10 | 1.00 | 5.00 | 0.20 | 0.35 | 5 | 111 | -0.28 | -0.10 | 184.20 | 175.00 | 8/21/2026 | Yes | 13 | 66 | None | |
| INFY | Infosys Ltd | Options Chain | 0.30 | 0.45 | 0.20 | 1.00 | 0.20 | 0.58 | 4023 | 1 | -0.27 | -0.01 | 11.12 | 10.00 | 8/21/2026 | Yes | 16 | 54 | None | |
| JCI | Johnson Controls International plc | Options Chain | 2.30 | 3.10 | 0.97 | 5.00 | 0.19 | 0.43 | 0 | 7 | -0.23 | -0.09 | 147.50 | 130.00 | 8/21/2026 | Yes | 8 | 58 | None | |
| SBAC | SBA Communications Corp - Class A | Options Chain | 1.40 | 5.50 | 0.97 | 5.00 | 0.19 | 0.35 | 589 | 0 | -0.26 | -0.09 | 187.21 | 175.00 | 8/21/2026 | Yes | 12 | 58 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.53 | 0.75 | 0.19 | 1.00 | 0.19 | 0.30 | 23 | 1 | -0.25 | -0.02 | 42.48 | 40.00 | 8/28/2026 | Yes | 13 | 73 | None | |
| GLW | Corning Inc | Options Chain | 10.65 | 12.55 | 0.90 | 5.00 | 0.18 | 0.89 | 146 | 23 | -0.29 | -0.23 | 188.48 | 155.00 | 8/28/2026 | Yes | 8 | 52 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.15 | 1.45 | 0.45 | 2.50 | 0.18 | 0.49 | 5 | 52 | -0.23 | -0.04 | 58.30 | 52.50 | 8/21/2026 | Yes | 7 | 55 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.75 | 0.95 | 0.45 | 2.50 | 0.18 | 0.29 | 6 | 45 | -0.27 | -0.02 | 52.40 | 50.00 | 8/21/2026 | Yes | 14 | 75 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.31 | 0.46 | 0.18 | 1.00 | 0.18 | 0.26 | 3 | 0 | -0.20 | -0.01 | 32.50 | 30.00 | 8/28/2026 | Yes | 11 | 66 | None | |
| BCS | Barclays plc | Options Chain | 0.45 | 0.60 | 0.18 | 1.00 | 0.18 | 0.42 | 75 | 0 | -0.22 | -0.01 | 27.53 | 26.00 | 8/21/2026 | Yes | 18 | 61 | None | |
| BNY | Bank Of New York Mellon Corp | Options Chain | 2.15 | 2.80 | 0.88 | 5.00 | 0.18 | 0.26 | 10 | 278 | -0.30 | -0.06 | 154.76 | 155.00 | 8/21/2026 | Yes | 15 | 71 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.60 | 0.90 | 0.17 | 1.00 | 0.17 | 0.33 | 55 | 1 | -0.25 | -0.02 | 43.00 | 40.00 | 8/28/2026 | No | 9 | 51 | None | |
| OKE | Oneok Inc | Options Chain | 1.35 | 1.50 | 0.83 | 5.00 | 0.17 | 0.31 | 69 | 117 | -0.23 | -0.02 | 91.90 | 85.00 | 8/21/2026 | Yes | 10 | 66 | None | |
| JBHT | J.B. Hunt Transport Services Inc | Options Chain | 5.80 | 8.80 | 1.65 | 10.00 | 0.16 | 0.43 | 25 | 12 | -0.30 | -0.21 | 282.98 | 260.00 | 8/21/2026 | Yes | 10 | 57 | None | |
| FAST | Fastenal Company | Options Chain | 0.55 | 0.70 | 0.40 | 2.50 | 0.16 | 0.29 | 181 | 7 | -0.25 | -0.02 | 45.44 | 42.50 | 8/21/2026 | Yes | 13 | 52 | None | |
| HPQ | HP Inc | Options Chain | 0.56 | 1.06 | 0.08 | 0.50 | 0.16 | 0.50 | 6 | 0 | -0.29 | -0.02 | 24.51 | 22.00 | 8/28/2026 | Yes | 12 | 45 | None | |
| GIS | General Mills Inc | Options Chain | 0.45 | 0.60 | 0.38 | 2.50 | 0.15 | 0.30 | 129 | 41 | -0.22 | -0.02 | 36.74 | 35.00 | 8/21/2026 | No | 5 | 53 | None | |
| TROW | T. Rowe Price Group Inc | Options Chain | 1.20 | 1.85 | 0.75 | 5.00 | 0.15 | 0.33 | 12 | 2796 | -0.21 | -0.06 | 116.07 | 110.00 | 8/21/2026 | Yes | 17 | 59 |
Dividend Stock List |