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.

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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
QCOM Qualcomm Inc Options Chain 7.30 7.75 1.70 5.00 0.34 0.53 40 872 -0.29 -0.14 187.48 170.00 11/20/2026 Yes 10 63 None
PAAS Pan American Silver Corp Options Chain 1.55 1.90 0.33 1.00 0.33 0.51 0 21 -0.28 -0.03 45.77 42.00 11/20/2026 Yes 17 64 None
FITB Fifth Third Bancorp Options Chain 0.90 1.15 0.33 1.00 0.33 0.29 4 0 -0.28 -0.02 51.57 48.00 11/20/2026 Yes 10 73 None
FCX Freeport-McMoRan Inc Options Chain 2.47 2.57 0.82 2.50 0.33 0.48 313 4 -0.29 -0.04 71.96 65.00 11/20/2026 Yes 10 58 None
ORCL Oracle Corp Options Chain 5.05 5.20 1.53 5.00 0.31 0.53 547 2065 -0.28 -0.09 132.60 125.00 11/20/2026 No 8 62 None
GLW Corning Inc Options Chain 6.10 6.45 1.50 5.00 0.30 0.61 25 44 -0.26 -0.12 151.59 140.00 11/20/2026 Yes 10 54 None
APH Amphenol Corp - Class A Options Chain 2.75 3.00 0.75 2.50 0.30 0.47 24 61 -0.27 -0.05 84.62 77.50 11/20/2026 Yes 9 55 None
CVE Cenovus Energy Inc Options Chain 0.90 1.05 0.30 1.00 0.30 0.42 0 10 -0.28 -0.02 31.10 29.00 11/20/2026 Yes 14 68 None
ADM Archer Daniels Midland Company Options Chain 1.90 2.25 0.73 2.50 0.29 0.35 2 9 -0.30 -0.04 80.38 75.00 11/20/2026 Yes 14 45 None
VST Vistra Corp Options Chain 4.55 4.85 1.45 5.00 0.29 0.46 195 102 -0.29 -0.09 138.95 130.00 11/20/2026 Yes 7 61 None
HPQ HP Inc Options Chain 0.93 1.00 0.29 1.00 0.29 0.48 4 52 -0.25 -0.02 31.32 28.00 11/20/2026 No 10 46 None
DAL Delta Air Lines Inc Options Chain 2.44 2.63 0.72 2.50 0.29 0.43 45 43 -0.28 -0.05 84.03 77.50 11/20/2026 Yes 10 58 None
UNH Unitedhealth Group Inc Options Chain 10.15 10.45 2.85 10.00 0.29 0.37 74 45 -0.28 -0.20 377.83 350.00 11/20/2026 Yes 13 65 None
RF Regions Financial Corp Options Chain 0.55 0.60 0.28 1.00 0.28 0.34 2857 0 -0.24 -0.01 27.26 25.00 11/20/2026 Yes 14 59 None
CDW CDW Corp Options Chain 4.40 5.40 1.40 5.00 0.28 0.50 1 1 -0.29 -0.11 130.33 120.00 11/20/2026 Yes 14 60 None
HPE Hewlett Packard Enterprise Company Options Chain 2.61 2.77 1.37 5.00 0.27 0.62 119 293 -0.27 -0.05 62.63 55.00 11/20/2026 No 12 59 None
TSM Taiwan Semiconductor Manufacturing Options Chain 10.55 10.75 2.72 10.00 0.27 0.35 257 147 -0.28 -0.23 452.88 430.00 11/20/2026 Yes 20 61
Dividend Stock List
BWXT BWX Technologies Inc Options Chain 4.00 5.00 1.35 5.00 0.27 0.48 4 4 -0.27 -0.09 134.35 125.00 11/20/2026 Yes 10 56 None
TMUS T-Mobile US Inc Options Chain 4.20 4.60 1.35 5.00 0.27 0.35 1 7 -0.29 -0.09 166.45 155.00 11/20/2026 Yes 12 75 None
BHP BHP Group Ltd Options Chain 2.05 2.20 0.65 2.50 0.26 0.34 16 4 -0.29 -0.04 84.58 80.00 11/20/2026 Yes 11 25 None
CMCSA Comcast Corp - Class A Options Chain 0.61 0.63 0.26 1.00 0.26 0.38 114 31 -0.29 -0.01 21.79 20.00 11/20/2026 Yes 11 62 None
EPD Enterprise Products Partners L P Options Chain 0.50 0.68 0.26 1.00 0.26 0.20 18 11 -0.30 -0.01 36.65 35.00 11/20/2026 Yes 12 67 None
MDT Medtronic Plc Options Chain 1.64 1.83 0.64 2.50 0.26 0.29 873 60 -0.26 -0.04 89.50 82.50 11/20/2026 Yes 12 64 None
MCD McDonald`s Corp Options Chain 3.55 3.75 1.25 5.00 0.25 0.23 115 285 -0.27 -0.09 233.60 225.00 11/20/2026 Yes 9 52 None
JPM JPMorgan Chase & Company Options Chain 6.70 7.10 1.25 5.00 0.25 0.27 90 49 -0.30 -0.12 336.59 320.00 11/20/2026 Yes 12 80 None
EXC Exelon Corp Options Chain 0.45 0.60 0.25 1.00 0.25 0.24 11 0 -0.24 -0.01 40.32 38.00 11/20/2026 Yes 8 55 None
EQNR Equinor ASA Options Chain 1.00 1.10 0.25 1.00 0.25 0.42 14 0 -0.26 -0.02 42.27 38.00 11/20/2026 Yes 12 59 None
ING ING Groep N.V. Options Chain 0.75 0.85 0.25 1.00 0.25 0.31 3 6 -0.28 -0.02 36.38 34.00 11/20/2026 Yes 7 54 None
AZN Astrazeneca plc Options Chain 3.10 3.40 1.20 5.00 0.24 0.31 0 7 -0.27 -0.07 166.15 155.00 11/20/2026 Yes 11 61 None
PCAR Paccar Inc Options Chain 2.25 2.60 1.18 5.00 0.24 0.32 5 11 -0.28 -0.05 111.65 105.00 11/20/2026 Yes 12 68 None
XOM Exxon Mobil Corp Options Chain 2.94 3.05 1.16 5.00 0.23 0.31 193 50 -0.25 -0.06 162.52 150.00 11/20/2026 Yes 11 66 None
NKE Nike Inc - Class B Options Chain 1.01 1.07 0.58 2.50 0.23 0.46 107 183 -0.25 -0.02 36.39 32.50 11/20/2026 Yes 11 53 None
ALLY Ally Financial Inc Options Chain 0.75 0.90 0.23 1.00 0.23 0.34 8 0 -0.27 -0.01 38.19 35.00 11/20/2026 Yes 15 79 None
QSR Restaurant Brands International Inc Options Chain 1.10 1.40 0.57 2.50 0.23 0.28 4 1 -0.26 -0.03 71.43 67.50 11/20/2026 Yes 8 62 None
EIX Edison International Options Chain 1.10 1.20 0.55 2.50 0.22 0.38 4 5 -0.22 -0.01 51.47 47.50 11/20/2026 Yes 10 56 None
LYB LyondellBasell Industries NV - Class A Options Chain 1.40 1.55 0.55 2.50 0.22 0.45 4 28 -0.24 -0.03 58.27 52.50 11/20/2026 Yes 9 55 None
SCHW Charles Schwab Corp Options Chain 1.86 1.95 0.55 2.50 0.22 0.31 4 61 -0.27 -0.04 98.30 92.50 11/20/2026 Yes 17 71 None
BAC Bank Of America Corp Options Chain 1.09 1.12 0.55 2.50 0.22 0.28 1422 333 -0.28 -0.02 55.47 52.50 11/20/2026 Yes 14 74 None
USB U.S. Bancorp. Options Chain 1.13 1.29 0.55 2.50 0.22 0.28 12 5 -0.29 -0.02 58.78 55.00 11/20/2026 Yes 12 65 None
VZ Verizon Communications Inc Options Chain 0.65 0.73 0.22 1.00 0.22 0.26 20 363 -0.23 -0.01 46.68 43.00 11/20/2026 Yes 10 73 None
T AT&T Inc Options Chain 0.48 0.50 0.22 1.00 0.22 0.30 31 6 -0.26 -0.01 24.90 23.00 11/20/2026 Yes 15 67 None
PCG PG&E Corp Options Chain 0.38 0.41 0.22 1.00 0.22 0.47 4608 13 -0.28 -0.01 11.95 11.00 11/20/2026 Yes 13 60 None
APA APA Corporation Options Chain 1.13 1.23 0.54 2.50 0.22 0.48 25 1 -0.24 -0.02 42.33 37.50 11/20/2026 Yes 14 70 None
WFC Wells Fargo & Company Options Chain 1.46 1.55 0.54 2.50 0.22 0.32 312 103 -0.25 -0.03 80.81 75.00 11/20/2026 Yes 12 65 None
BG Bunge Global SA Options Chain 2.30 3.10 1.05 5.00 0.21 0.39 1 0 -0.27 -0.06 109.06 100.00 11/20/2026 Yes 12 71 None
CFG Citizens Financial Group Inc Options Chain 1.30 1.60 0.52 2.50 0.21 0.32 5 1 -0.29 -0.03 64.80 60.00 11/20/2026 Yes 15 77 None
WMT Walmart Inc Options Chain 1.87 1.94 1.00 5.00 0.20 0.30 424 269 -0.26 -0.05 108.73 100.00 11/20/2026 No 8 55 None
LUV Southwest Airlines Company Options Chain 0.93 1.10 0.50 2.50 0.20 0.45 26 1 -0.24 -0.03 42.28 37.50 11/20/2026 Yes 10 54 None
KEY Keycorp Options Chain 0.30 0.45 0.20 1.00 0.20 0.29 4 12 -0.26 -0.01 20.40 19.00 11/20/2026 Yes 10 59 None
ALL Allstate Corp (The) Options Chain 3.80 4.30 1.92 10.00 0.19 0.31 2 3 -0.24 -0.10 227.55 210.00 11/20/2026 Yes 14 66 None
DVN Devon Energy Corp Options Chain 0.92 0.99 0.48 2.50 0.19 0.39 21 1 -0.23 -0.02 46.73 42.50 11/20/2026 Yes 13 66 None
ROL Rollins Inc Options Chain 0.70 0.75 0.48 2.50 0.19 0.40 43 0 -0.23 -0.01 30.35 27.50 11/20/2026 Yes 10 53 None
MKC McCormick & Co. Inc (Non Voting) Options Chain 1.30 1.35 0.95 5.00 0.19 0.36 33 1 -0.29 -0.02 48.46 45.00 11/20/2026 Yes 10 64 None
EQT EQT Corp Options Chain 0.78 0.80 0.47 2.50 0.19 0.32 90 40 -0.22 -0.02 49.87 45.00 11/20/2026 Yes 11 59 None
CSCO Cisco Systems Inc Options Chain 1.99 2.10 0.91 5.00 0.18 0.41 150 9 -0.21 -0.05 106.74 95.00 11/20/2026 Yes 11 67 None
NVO Novo Nordisk Options Chain 0.76 0.78 0.45 2.50 0.18 0.37 188 5 -0.24 -0.02 38.71 35.00 11/20/2026 Yes 11 50 None
OXY Occidental Petroleum Corp Options Chain 0.88 0.96 0.44 2.50 0.18 0.36 21 3 -0.21 -0.03 56.10 50.00 11/20/2026 Yes 10 55 None
SLB SLB Options Chain 0.84 0.92 0.43 2.50 0.17 0.38 78 15 -0.20 -0.02 51.49 45.00 11/20/2026 Yes 7 57 None
TFC Truist Financial Corporation Options Chain 0.75 0.80 0.43 2.50 0.17 0.33 2523 14 -0.22 -0.01 47.09 42.50 11/20/2026 Yes 11 69 None
KO Coca-Cola Company Options Chain 0.95 1.01 0.43 2.50 0.17 0.22 233 147 -0.24 -0.03 87.18 82.50 11/20/2026 Yes 11 67 None
PR Permian Resources Corp - Class A Options Chain 0.40 0.50 0.17 1.00 0.17 0.43 97 0 -0.21 -0.01 21.30 19.00 11/20/2026 Yes 10 60 None
BMY Bristol-Myers Squibb Company Options Chain 0.88 1.01 0.42 2.50 0.17 0.33 44 83 -0.19 -0.02 63.88 57.50 11/20/2026 Yes 16 70 None
DOW Dow Inc Options Chain 0.60 0.65 0.42 2.50 0.17 0.42 4 4 -0.23 -0.02 27.89 25.00 11/20/2026 Yes 8 54 None
C Citigroup Inc Options Chain 2.08 2.17 0.82 5.00 0.16 0.33 108 16 -0.22 -0.05 131.31 120.00 11/20/2026 Yes 17 78 None
CM Canadian Imperial Bank Of Commerce Options Chain 1.25 1.60 0.80 5.00 0.16 0.25 48 0 -0.24 -0.04 112.15 105.00 11/20/2026 No 14 66 None
KMI Kinder Morgan Inc - Class P Options Chain 0.40 0.44 0.16 1.00 0.16 0.28 60 0 -0.22 -0.01 30.63 28.00 11/20/2026 Yes 9 59 None
F Ford Motor Company Options Chain 0.24 0.25 0.16 1.00 0.16 0.39 111 8 -0.22 0.00 12.38 11.00 11/20/2026 Yes 9 51 None
ITUB Itau Unibanco Holding S.A. Options Chain 0.15 0.20 0.15 1.00 0.15 0.48 1 0 -0.23 0.00 7.99 7.00 11/20/2026 Yes 13 48 None
EC Ecopetrol SA Options Chain 0.35 0.45 0.15 1.00 0.15 0.44 0 1 -0.26 -0.01 16.70 15.00 11/20/2026 Yes 15 55 None