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 | 6.10 | 6.25 | 1.58 | 5.00 | 0.32 | 0.62 | 715 | 783 | -0.29 | -0.12 | 144.54 | 125.00 | 12/18/2026 | Yes | 8 | 65 | None | |
| NUE | Nucor Corp | Options Chain | 7.10 | 8.70 | 3.00 | 10.00 | 0.30 | 0.37 | 2 | 50 | -0.30 | -0.15 | 271.79 | 260.00 | 12/18/2026 | No | 16 | 70 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.40 | 2.65 | 0.75 | 2.50 | 0.30 | 0.42 | 111 | 17 | -0.28 | -0.05 | 80.96 | 77.50 | 12/18/2026 | Yes | 8 | 55 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.10 | 1.40 | 0.30 | 1.00 | 0.30 | 0.48 | 1 | 0 | -0.26 | -0.03 | 41.75 | 37.00 | 12/18/2026 | Yes | 14 | 58 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.30 | 11.65 | 2.93 | 10.00 | 0.29 | 0.35 | 76 | 52 | -0.29 | -0.22 | 436.87 | 410.00 | 12/18/2026 | No | 23 | 68 |
Dividend Stock List |
|
| HPQ | HP Inc | Options Chain | 1.13 | 1.25 | 0.29 | 1.00 | 0.29 | 0.54 | 21 | 1306 | -0.27 | -0.02 | 32.45 | 29.00 | 12/18/2026 | Yes | 10 | 46 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.90 | 6.35 | 1.43 | 5.00 | 0.29 | 0.34 | 9 | 32 | -0.29 | -0.10 | 249.97 | 240.00 | 12/18/2026 | No | 10 | 67 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.40 | 1.49 | 0.69 | 2.50 | 0.28 | 0.39 | 54 | 106 | -0.30 | -0.03 | 51.49 | 47.50 | 12/18/2026 | Yes | 13 | 65 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.70 | 6.10 | 1.37 | 5.00 | 0.27 | 0.52 | 135 | 104 | -0.25 | -0.11 | 180.55 | 165.00 | 12/18/2026 | Yes | 12 | 70 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.65 | 1.85 | 0.67 | 2.50 | 0.27 | 0.41 | 23 | 58 | -0.28 | -0.03 | 66.40 | 57.50 | 12/18/2026 | Yes | 14 | 71 | None | |
| MCD | McDonald`s Corp | Options Chain | 4.30 | 4.65 | 1.33 | 5.00 | 0.27 | 0.24 | 40 | 166 | -0.29 | -0.08 | 250.50 | 245.00 | 12/18/2026 | Yes | 12 | 67 | None | |
| CRM | Salesforce Inc | Options Chain | 6.85 | 7.25 | 2.60 | 10.00 | 0.26 | 0.49 | 74 | 76 | -0.26 | -0.15 | 242.11 | 210.00 | 12/18/2026 | Yes | 15 | 70 | None | |
| SYK | Stryker Corp | Options Chain | 6.50 | 7.30 | 2.60 | 10.00 | 0.26 | 0.36 | 4 | 16 | -0.27 | -0.16 | 304.00 | 290.00 | 12/18/2026 | Yes | 11 | 64 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.35 | 1.50 | 0.65 | 2.50 | 0.26 | 0.33 | 22 | 0 | -0.24 | -0.03 | 77.23 | 70.00 | 12/18/2026 | Yes | 17 | 51 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.60 | 2.00 | 0.65 | 2.50 | 0.26 | 0.33 | 20 | 21 | -0.27 | -0.04 | 85.93 | 77.50 | 12/18/2026 | No | 14 | 74 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 7.20 | 7.80 | 2.55 | 10.00 | 0.26 | 0.44 | 83 | 154 | -0.26 | -0.15 | 251.69 | 240.00 | 12/18/2026 | No | 11 | 67 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.40 | 5.70 | 1.27 | 5.00 | 0.25 | 0.23 | 83 | 101 | -0.28 | -0.12 | 339.30 | 330.00 | 12/18/2026 | No | 10 | 78 | None | |
| GM | General Motors Company | Options Chain | 1.76 | 1.87 | 0.63 | 2.50 | 0.25 | 0.33 | 50 | 125 | -0.26 | -0.04 | 82.48 | 80.00 | 12/18/2026 | No | 12 | 68 | None | |
| AZN | Astrazeneca plc | Options Chain | 3.20 | 3.50 | 1.25 | 5.00 | 0.25 | 0.29 | 5 | 5 | -0.26 | -0.08 | 169.51 | 165.00 | 12/18/2026 | Yes | 14 | 68 | None | |
| EXC | Exelon Corp | Options Chain | 0.65 | 0.85 | 0.25 | 1.00 | 0.25 | 0.21 | 1 | 8 | -0.30 | -0.01 | 45.49 | 44.00 | 12/18/2026 | Yes | 8 | 59 | None | |
| WMT | Walmart Inc | Options Chain | 2.48 | 2.55 | 1.20 | 5.00 | 0.24 | 0.30 | 166 | 124 | -0.28 | -0.05 | 118.77 | 115.00 | 12/18/2026 | Yes | 8 | 55 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.74 | 0.78 | 0.24 | 1.00 | 0.24 | 0.25 | 79 | 12 | -0.29 | -0.02 | 43.93 | 42.00 | 12/18/2026 | No | 8 | 64 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 31.25 | 33.20 | 2.38 | 10.00 | 0.24 | 0.34 | 3 | 10 | -0.29 | -0.66 | 1,288.30 | 1,290.00 | 12/18/2026 | Yes | 10 | 67 | None | |
| SYF | Synchrony Financial | Options Chain | 1.50 | 1.65 | 0.58 | 2.50 | 0.23 | 0.31 | 7 | 0 | -0.27 | -0.03 | 75.36 | 72.50 | 12/18/2026 | No | 13 | 75 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.70 | 0.75 | 0.23 | 1.00 | 0.23 | 0.42 | 5 | 0 | -0.24 | -0.02 | 32.29 | 29.00 | 12/18/2026 | Yes | 14 | 68 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.83 | 0.84 | 0.23 | 1.00 | 0.23 | 0.26 | 265 | 52 | -0.27 | -0.02 | 50.85 | 49.00 | 12/18/2026 | No | 9 | 65 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.02 | 1.07 | 0.57 | 2.50 | 0.23 | 0.42 | 2669 | 479 | -0.26 | -0.02 | 37.15 | 35.00 | 12/18/2026 | Yes | 13 | 58 | None | |
| GE | General Electric Company | Options Chain | 5.80 | 6.20 | 2.27 | 10.00 | 0.23 | 0.33 | 80 | 118 | -0.23 | -0.14 | 301.40 | 290.00 | 12/18/2026 | No | 8 | 59 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.05 | 3.20 | 1.09 | 5.00 | 0.22 | 0.30 | 59 | 55 | -0.26 | -0.06 | 182.02 | 170.00 | 12/18/2026 | Yes | 11 | 64 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.52 | 0.55 | 0.21 | 1.00 | 0.21 | 0.25 | 4 | 1 | -0.26 | -0.01 | 33.85 | 32.00 | 12/18/2026 | No | 10 | 59 | None | |
| T | AT&T Inc | Options Chain | 0.40 | 0.42 | 0.21 | 1.00 | 0.21 | 0.29 | 117 | 371 | -0.28 | -0.01 | 20.70 | 20.00 | 12/18/2026 | No | 10 | 60 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.10 | 1.19 | 0.52 | 2.50 | 0.21 | 0.35 | 5 | 2 | -0.23 | -0.03 | 63.11 | 57.50 | 12/18/2026 | Yes | 13 | 70 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.55 | 1.63 | 0.96 | 5.00 | 0.19 | 0.44 | 72 | 91 | -0.24 | -0.04 | 66.25 | 60.00 | 12/18/2026 | No | 10 | 58 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.53 | 0.63 | 0.46 | 2.50 | 0.18 | 0.33 | 1000 | 4 | -0.30 | -0.01 | 23.86 | 22.50 | 12/18/2026 | Yes | 7 | 60 | None | |
| IP | International Paper Company | Options Chain | 0.75 | 0.90 | 0.45 | 2.50 | 0.18 | 0.40 | 15 | 20 | -0.24 | -0.01 | 34.53 | 32.50 | 12/18/2026 | Yes | 6 | 60 | None | |
| PCG | PG&E Corp | Options Chain | 0.29 | 0.35 | 0.18 | 1.00 | 0.18 | 0.43 | 23 | 477 | -0.22 | -0.01 | 13.19 | 12.00 | 12/18/2026 | No | 9 | 52 | None | |
| NEE | NextEra Energy Inc | Options Chain | 0.95 | 1.02 | 0.44 | 2.50 | 0.18 | 0.22 | 50 | 70 | -0.25 | -0.02 | 81.02 | 77.50 | 12/18/2026 | No | 7 | 63 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.60 | 0.70 | 0.17 | 1.00 | 0.17 | 0.29 | 1 | 2 | -0.24 | -0.01 | 38.80 | 37.00 | 12/18/2026 | No | 15 | 78 | None | |
| NVO | Novo Nordisk | Options Chain | 0.63 | 0.65 | 0.41 | 2.50 | 0.16 | 0.37 | 52 | 0 | -0.20 | -0.02 | 38.29 | 35.00 | 12/18/2026 | Yes | 11 | 50 | None | |
| FAST | Fastenal Company | Options Chain | 0.80 | 0.95 | 0.40 | 2.50 | 0.16 | 0.27 | 15 | 2 | -0.27 | -0.02 | 52.88 | 50.00 | 12/18/2026 | No | 14 | 55 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.30 | 0.33 | 0.16 | 1.00 | 0.16 | 0.35 | 7 | 10 | -0.21 | -0.01 | 21.57 | 20.00 | 12/18/2026 | No | 16 | 70 | None | |
| KO | Coca-Cola Company | Options Chain | 0.79 | 0.82 | 0.38 | 2.50 | 0.15 | 0.20 | 174 | 93 | -0.21 | -0.02 | 92.75 | 87.50 | 12/18/2026 | No | 9 | 61 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.20 | 0.35 | 0.15 | 1.00 | 0.15 | 0.26 | 6 | 13 | -0.27 | 0.00 | 15.70 | 15.00 | 12/18/2026 | No | 11 | 57 | None |