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 | 3.25 | 3.70 | 0.44 | 1.00 | 0.44 | 0.88 | 109 | 8 | -0.29 | -0.06 | 51.87 | 47.00 | 9/18/2026 | Yes | 8 | 52 | None | |
| GLW | Corning Inc | Options Chain | 10.30 | 10.90 | 2.07 | 5.00 | 0.41 | 0.82 | 178 | 124 | -0.30 | -0.19 | 146.64 | 145.00 | 9/18/2026 | No | 10 | 54 | None | |
| CAT | Caterpillar Inc | Options Chain | 25.55 | 31.20 | 3.78 | 10.00 | 0.38 | 0.46 | 29 | 59 | -0.29 | -0.63 | 830.03 | 820.00 | 9/18/2026 | Yes | 9 | 63 | None | |
| COST | Costco Wholesale Corp | Options Chain | 15.00 | 16.25 | 1.85 | 5.00 | 0.37 | 0.24 | 11 | 24 | -0.29 | -0.38 | 953.75 | 915.00 | 9/18/2026 | No | 14 | 59 | None | |
| NTAP | Netapp Inc | Options Chain | 8.20 | 8.90 | 1.70 | 5.00 | 0.34 | 0.63 | 4 | 13 | -0.28 | -0.17 | 183.00 | 175.00 | 9/18/2026 | Yes | 13 | 63 | None | |
| ORCL | Oracle Corp | Options Chain | 7.35 | 7.65 | 1.67 | 5.00 | 0.33 | 0.76 | 1625 | 341 | -0.26 | -0.15 | 142.64 | 130.00 | 9/18/2026 | Yes | 9 | 63 | None | |
| CGNX | Cognex Corp | Options Chain | 2.40 | 4.20 | 1.62 | 5.00 | 0.32 | 0.84 | 1 | 50 | -0.22 | -0.07 | 67.44 | 60.00 | 9/18/2026 | Yes | 15 | 57 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 14.25 | 14.75 | 3.17 | 10.00 | 0.32 | 0.47 | 102 | 1058 | -0.30 | -0.29 | 406.11 | 390.00 | 9/18/2026 | No | 23 | 65 |
Dividend Stock List |
|
| CRM | Salesforce Inc | Options Chain | 6.50 | 6.90 | 1.57 | 5.00 | 0.31 | 0.53 | 337 | 78 | -0.28 | -0.14 | 184.79 | 175.00 | 9/18/2026 | Yes | 15 | 70 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 2.15 | 2.70 | 1.55 | 5.00 | 0.31 | 0.49 | 85 | 26 | -0.28 | -0.05 | 77.10 | 70.00 | 9/18/2026 | Yes | 11 | 56 | None | |
| KGC | Kinross Gold Corp | Options Chain | 0.79 | 0.86 | 0.31 | 1.00 | 0.31 | 0.47 | 22 | 1 | -0.28 | -0.02 | 23.42 | 22.00 | 9/18/2026 | No | 19 | 52 | None | |
| HPQ | HP Inc | Options Chain | 1.10 | 1.20 | 0.29 | 1.00 | 0.29 | 0.59 | 3 | 32 | -0.30 | -0.02 | 27.17 | 26.00 | 9/18/2026 | Yes | 12 | 45 | None | |
| VST | Vistra Corp | Options Chain | 4.95 | 5.30 | 1.43 | 5.00 | 0.29 | 0.57 | 989 | 160 | -0.26 | -0.11 | 155.94 | 130.00 | 9/18/2026 | Yes | 6 | 56 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.00 | 6.25 | 1.43 | 5.00 | 0.29 | 0.42 | 78 | 83 | -0.28 | -0.12 | 226.75 | 215.00 | 9/18/2026 | No | 9 | 66 | None | |
| MCD | McDonald`s Corp | Options Chain | 4.20 | 4.50 | 1.42 | 5.00 | 0.28 | 0.24 | 133 | 236 | -0.28 | -0.08 | 265.23 | 255.00 | 9/18/2026 | Yes | 9 | 60 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.40 | 5.55 | 1.40 | 5.00 | 0.28 | 0.58 | 160 | 1628 | -0.26 | -0.12 | 151.89 | 145.00 | 9/18/2026 | No | 11 | 64 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.20 | 2.35 | 0.68 | 2.50 | 0.27 | 0.33 | 40 | 41 | -0.27 | -0.03 | 95.90 | 92.50 | 9/18/2026 | No | 8 | 61 | None | |
| WSM | Williams-Sonoma Inc | Options Chain | 7.90 | 9.30 | 2.70 | 10.00 | 0.27 | 0.50 | 24 | 16 | -0.29 | -0.19 | 239.80 | 230.00 | 9/18/2026 | Yes | 12 | 56 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 5.00 | 5.50 | 1.35 | 5.00 | 0.27 | 0.52 | 28 | 60 | -0.26 | -0.12 | 163.34 | 155.00 | 9/18/2026 | No | 8 | 58 | None | |
| ITT | ITT Inc | Options Chain | 5.40 | 6.20 | 1.35 | 5.00 | 0.27 | 0.43 | 0 | 4012 | -0.30 | -0.12 | 198.44 | 190.00 | 9/18/2026 | Yes | 10 | 59 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.85 | 0.92 | 0.27 | 1.00 | 0.27 | 0.27 | 360 | 276 | -0.30 | -0.02 | 47.36 | 45.00 | 9/18/2026 | No | 9 | 64 | None | |
| V | Visa Inc - Class A | Options Chain | 5.05 | 5.55 | 1.30 | 5.00 | 0.26 | 0.23 | 110 | 37 | -0.28 | -0.13 | 365.67 | 355.00 | 9/18/2026 | No | 10 | 64 | None | |
| JCI | Johnson Controls International plc | Options Chain | 3.40 | 4.50 | 1.30 | 5.00 | 0.26 | 0.36 | 2 | 5 | -0.29 | -0.09 | 146.39 | 145.00 | 9/18/2026 | No | 8 | 58 | None | |
| TTE | TotalEnergies SE | Options Chain | 1.40 | 1.60 | 0.65 | 2.50 | 0.26 | 0.25 | 1 | 3 | -0.30 | -0.04 | 87.20 | 82.50 | 9/18/2026 | No | 15 | 59 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.43 | 0.56 | 0.26 | 1.00 | 0.26 | 0.19 | 34 | 1368 | -0.29 | -0.01 | 37.68 | 37.00 | 9/18/2026 | No | 9 | 59 | None | |
| EIX | Edison International | Options Chain | 1.65 | 2.40 | 1.25 | 5.00 | 0.25 | 0.43 | 562 | 154 | -0.24 | -0.05 | 72.20 | 65.00 | 9/18/2026 | No | 9 | 64 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.90 | 5.25 | 1.25 | 5.00 | 0.25 | 0.23 | 51 | 300 | -0.26 | -0.14 | 352.96 | 345.00 | 9/18/2026 | No | 12 | 80 | None | |
| PCG | PG&E Corp | Options Chain | 0.60 | 0.69 | 0.25 | 1.00 | 0.25 | 0.50 | 1404 | 346 | -0.27 | -0.01 | 17.26 | 16.00 | 9/18/2026 | No | 13 | 59 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.50 | 1.60 | 0.25 | 1.00 | 0.25 | 0.53 | 33 | 29 | -0.28 | -0.03 | 43.73 | 41.00 | 9/18/2026 | Yes | 19 | 64 | None | |
| EXC | Exelon Corp | Options Chain | 0.55 | 0.80 | 0.25 | 1.00 | 0.25 | 0.22 | 1 | 10 | -0.29 | -0.01 | 45.62 | 44.00 | 9/18/2026 | No | 8 | 57 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.65 | 1.00 | 0.25 | 1.00 | 0.25 | 0.35 | 0 | 4 | -0.30 | -0.01 | 30.55 | 30.00 | 9/18/2026 | No | 8 | 59 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.75 | 2.92 | 1.24 | 5.00 | 0.25 | 0.29 | 297 | 230 | -0.26 | -0.05 | 155.06 | 145.00 | 9/18/2026 | No | 11 | 72 | None | |
| C | Citigroup Inc | Options Chain | 2.65 | 2.86 | 1.20 | 5.00 | 0.24 | 0.30 | 505 | 1416 | -0.28 | -0.07 | 133.57 | 130.00 | 9/18/2026 | No | 14 | 69 | None | |
| TGT | Target Corp | Options Chain | 3.15 | 3.30 | 1.19 | 5.00 | 0.24 | 0.40 | 20 | 130 | -0.23 | -0.06 | 149.35 | 135.00 | 9/18/2026 | Yes | 9 | 64 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 3.10 | 3.30 | 1.19 | 5.00 | 0.24 | 0.49 | 160 | 254 | -0.24 | -0.08 | 115.51 | 110.00 | 9/18/2026 | Yes | 7 | 58 | None | |
| AA | Alcoa Corp | Options Chain | 1.28 | 1.46 | 0.46 | 2.00 | 0.23 | 0.54 | 58 | 59 | -0.25 | -0.04 | 44.84 | 42.00 | 9/18/2026 | No | 18 | 52 | None | |
| KDP | Keurig Dr Pepper Inc | Options Chain | 0.50 | 0.55 | 0.23 | 1.00 | 0.23 | 0.32 | 0 | 1 | -0.22 | -0.01 | 30.89 | 29.00 | 9/18/2026 | Yes | 12 | 58 | None | |
| KEY | Keycorp | Options Chain | 0.40 | 0.45 | 0.23 | 1.00 | 0.23 | 0.26 | 10 | 2 | -0.28 | -0.01 | 22.82 | 22.00 | 9/18/2026 | No | 10 | 59 | None | |
| WMT | Walmart Inc | Options Chain | 2.05 | 2.21 | 1.10 | 5.00 | 0.22 | 0.31 | 332 | 237 | -0.28 | -0.05 | 110.71 | 105.00 | 9/18/2026 | Yes | 10 | 59 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.99 | 1.35 | 0.55 | 2.50 | 0.22 | 0.29 | 184 | 194 | -0.27 | -0.03 | 65.47 | 62.50 | 9/18/2026 | No | 11 | 60 | None | |
| EQT | EQT Corp | Options Chain | 0.81 | 0.91 | 0.55 | 2.50 | 0.22 | 0.28 | 275 | 8 | -0.27 | -0.02 | 53.36 | 50.00 | 9/18/2026 | No | 11 | 60 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.60 | 0.80 | 0.22 | 1.00 | 0.22 | 0.30 | 404 | 187 | -0.24 | -0.02 | 44.07 | 42.00 | 9/18/2026 | No | 15 | 78 | None | |
| SLB | SLB | Options Chain | 0.99 | 1.05 | 0.54 | 2.50 | 0.22 | 0.33 | 65 | 54 | -0.27 | -0.02 | 49.31 | 47.50 | 9/18/2026 | No | 7 | 49 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.88 | 1.98 | 1.07 | 5.00 | 0.21 | 0.53 | 1536 | 431 | -0.24 | -0.05 | 63.64 | 60.00 | 9/18/2026 | No | 9 | 63 | None | |
| AME | Ametek Inc | Options Chain | 3.60 | 4.60 | 2.10 | 10.00 | 0.21 | 0.29 | 77 | 1000 | -0.25 | -0.12 | 244.23 | 240.00 | 9/18/2026 | Yes | 10 | 61 | None | |
| DOW | Dow Inc | Options Chain | 0.72 | 0.84 | 0.51 | 2.50 | 0.20 | 0.45 | 18 | 6 | -0.25 | -0.01 | 30.00 | 27.50 | 9/18/2026 | No | 8 | 56 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.15 | 1.21 | 0.51 | 2.50 | 0.20 | 0.24 | 35 | 52 | -0.27 | -0.03 | 86.65 | 82.50 | 9/18/2026 | No | 7 | 65 | None | |
| KO | Coca-Cola Company | Options Chain | 1.02 | 1.09 | 0.51 | 2.50 | 0.20 | 0.22 | 989 | 190 | -0.27 | -0.03 | 86.88 | 82.50 | 9/18/2026 | No | 12 | 67 | None | |
| FIS | Fidelity National Information Services Inc | Options Chain | 0.75 | 1.50 | 0.50 | 2.50 | 0.20 | 0.44 | 298 | 59 | -0.24 | -0.02 | 44.78 | 40.00 | 9/18/2026 | Yes | 8 | 57 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.83 | 0.89 | 0.50 | 2.50 | 0.20 | 0.40 | 31 | 173 | -0.24 | -0.02 | 44.62 | 40.00 | 9/18/2026 | Yes | 7 | 51 | None | |
| GPN | Global Payments Inc | Options Chain | 1.95 | 2.70 | 0.50 | 2.50 | 0.20 | 0.50 | 0 | 7 | -0.26 | -0.06 | 86.19 | 77.50 | 9/18/2026 | Yes | 10 | 57 | None | |
| SIRI | Sirius XM Holdings Inc | Options Chain | 0.48 | 0.60 | 0.20 | 1.00 | 0.20 | 0.37 | 0 | 8 | -0.22 | -0.01 | 30.72 | 28.00 | 9/18/2026 | No | 11 | 62 | None | |
| INFY | Infosys Ltd | Options Chain | 0.20 | 0.40 | 0.20 | 1.00 | 0.20 | 0.49 | 1 | 0 | -0.22 | -0.01 | 12.21 | 11.00 | 9/18/2026 | No | 13 | 43 | None | |
| RF | Regions Financial Corp | Options Chain | 0.30 | 0.65 | 0.20 | 1.00 | 0.20 | 0.27 | 0 | 3 | -0.23 | -0.01 | 31.43 | 30.00 | 9/18/2026 | No | 17 | 70 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.50 | 3.80 | 1.98 | 10.00 | 0.20 | 0.26 | 75 | 183 | -0.26 | -0.08 | 254.75 | 240.00 | 9/18/2026 | No | 10 | 72 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 5.70 | 6.00 | 1.97 | 10.00 | 0.20 | 0.31 | 193 | 480 | -0.23 | -0.15 | 415.36 | 380.00 | 9/18/2026 | No | 12 | 63 | None | |
| ZBH | Zimmer Biomet Holdings Inc | Options Chain | 1.05 | 4.10 | 0.98 | 5.00 | 0.20 | 0.38 | 0 | 1 | -0.30 | -0.05 | 96.98 | 90.00 | 9/18/2026 | Yes | 9 | 56 | None | |
| NVO | Novo Nordisk | Options Chain | 0.72 | 0.80 | 0.48 | 2.50 | 0.19 | 0.41 | 818 | 13206 | -0.24 | -0.02 | 47.16 | 40.00 | 9/18/2026 | Yes | 17 | 60 | None | |
| NTR | Nutrien Ltd | Options Chain | 1.05 | 1.40 | 0.48 | 2.50 | 0.19 | 0.34 | 12 | 0 | -0.25 | -0.03 | 65.90 | 62.50 | 9/18/2026 | Yes | 16 | 72 | None | |
| BWA | BorgWarner Inc | Options Chain | 1.75 | 2.00 | 0.48 | 2.50 | 0.19 | 0.48 | 1 | 0 | -0.28 | -0.04 | 63.31 | 57.50 | 9/18/2026 | Yes | 12 | 55 | None | |
| T | AT&T Inc | Options Chain | 0.36 | 0.38 | 0.19 | 1.00 | 0.19 | 0.29 | 128 | 91 | -0.24 | -0.01 | 23.59 | 22.00 | 9/18/2026 | No | 15 | 70 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.39 | 0.44 | 0.19 | 1.00 | 0.19 | 0.24 | 107 | 7 | -0.25 | -0.01 | 31.25 | 30.00 | 9/18/2026 | No | 11 | 66 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.80 | 0.87 | 0.47 | 2.50 | 0.19 | 0.23 | 571 | 1189 | -0.27 | -0.02 | 62.48 | 60.00 | 9/18/2026 | No | 13 | 74 | None | |
| APA | APA Corporation | Options Chain | 0.75 | 0.97 | 0.46 | 2.50 | 0.18 | 0.46 | 136 | 0 | -0.24 | -0.02 | 36.87 | 32.50 | 9/18/2026 | Yes | 15 | 62 | None | |
| CLX | Clorox Company | Options Chain | 1.55 | 1.80 | 0.90 | 5.00 | 0.18 | 0.35 | 7002 | 180 | -0.19 | -0.03 | 98.63 | 95.00 | 9/18/2026 | Yes | 8 | 47 | None | |
| AZN | Astrazeneca plc | Options Chain | 2.00 | 2.90 | 0.90 | 5.00 | 0.18 | 0.31 | 34 | 22 | -0.24 | -0.06 | 157.97 | 145.00 | 9/18/2026 | No | 13 | 69 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.71 | 0.74 | 0.45 | 2.50 | 0.18 | 0.38 | 319 | 564 | -0.21 | -0.02 | 42.60 | 37.50 | 9/18/2026 | No | 10 | 51 | None | |
| WFC | Wells Fargo & Company | Options Chain | 0.98 | 1.07 | 0.43 | 2.50 | 0.17 | 0.26 | 625 | 149 | -0.21 | -0.03 | 87.89 | 82.50 | 9/18/2026 | No | 15 | 74 | None | |
| F | Ford Motor Company | Options Chain | 0.23 | 0.25 | 0.15 | 1.00 | 0.15 | 0.35 | 1634 | 203 | -0.22 | 0.00 | 14.48 | 13.00 | 9/18/2026 | No | 9 | 47 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.50 | 0.75 | 0.15 | 1.00 | 0.15 | 0.26 | 1 | 0 | -0.26 | -0.01 | 44.46 | 42.00 | 9/18/2026 | Yes | 17 | 66 | None | |
| AMKR | AMKOR Technology Inc | Options Chain | 3.60 | 4.10 | 0.15 | 1.00 | 0.15 | 0.93 | 4 | 23 | -0.29 | -0.07 | 50.84 | 49.00 | 9/18/2026 | No | 14 | 52 | None |