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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PCG | PG&E Corp | Options Chain | 0.46 | 0.70 | 0.25 | 0.50 | 0.50 | 0.60 | 1 | 0 | -0.27 | -0.01 | 14.82 | 13.00 | 10/23/2026 | Yes | 9 | 41 | None | |
| FRO | Frontline Plc | Options Chain | 2.00 | 2.30 | 0.45 | 1.00 | 0.45 | 0.43 | 0 | 12 | -0.27 | -0.01 | 46.62 | 44.00 | 10/16/2026 | No | 7 | 56 | None | |
| C | Citigroup Inc | Options Chain | 2.65 | 3.50 | 0.43 | 1.00 | 0.43 | 0.33 | 0 | 13 | -0.29 | -0.07 | 136.74 | 131.00 | 10/23/2026 | Yes | 17 | 78 | None | |
| ORCL | Oracle Corp | Options Chain | 7.45 | 7.80 | 0.43 | 1.00 | 0.43 | 0.66 | 0 | 15 | -0.30 | -0.15 | 162.52 | 148.00 | 10/23/2026 | Yes | 11 | 67 | None | |
| GLW | Corning Inc | Options Chain | 5.80 | 7.35 | 1.90 | 5.00 | 0.38 | 0.64 | 13 | 2 | -0.26 | -0.15 | 165.96 | 150.00 | 10/23/2026 | No | 9 | 52 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.60 | 6.55 | 1.75 | 5.00 | 0.35 | 0.46 | 7 | 12 | -0.30 | -0.12 | 174.09 | 165.00 | 10/23/2026 | No | 12 | 71 | None | |
| STM | ST Microelectronics | Options Chain | 1.85 | 2.35 | 0.35 | 1.00 | 0.35 | 0.54 | 0 | 10 | -0.30 | -0.04 | 51.97 | 48.00 | 10/23/2026 | Yes | 12 | 53 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.86 | 2.31 | 0.34 | 1.00 | 0.34 | 0.60 | 13 | 4 | -0.27 | -0.05 | 56.03 | 52.00 | 10/23/2026 | No | 8 | 52 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.60 | 11.10 | 1.62 | 5.00 | 0.32 | 0.36 | 11 | 13 | -0.29 | -0.23 | 438.11 | 410.00 | 10/23/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| CRM | Salesforce Inc | Options Chain | 7.20 | 8.60 | 1.50 | 5.00 | 0.30 | 0.40 | 0 | 28 | -0.30 | -0.16 | 249.12 | 235.00 | 10/23/2026 | No | 15 | 70 | None | |
| TSCO | Tractor Supply Company | Options Chain | 0.85 | 1.35 | 0.30 | 1.00 | 0.30 | 0.44 | 0 | 1 | -0.30 | -0.02 | 35.29 | 32.00 | 10/23/2026 | Yes | 8 | 58 | None | |
| VST | Vistra Corp | Options Chain | 4.15 | 4.80 | 1.45 | 5.00 | 0.29 | 0.45 | 11 | 669 | -0.29 | -0.10 | 151.72 | 140.00 | 10/23/2026 | No | 7 | 61 | None | |
| APA | APA Corporation | Options Chain | 0.94 | 1.42 | 0.29 | 1.00 | 0.29 | 0.44 | 0 | 3 | -0.27 | -0.03 | 43.55 | 41.00 | 10/23/2026 | No | 10 | 61 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.21 | 1.55 | 0.29 | 1.00 | 0.29 | 0.34 | 1 | 2 | -0.29 | -0.03 | 60.65 | 58.00 | 10/23/2026 | No | 10 | 62 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.59 | 1.70 | 0.28 | 1.00 | 0.28 | 0.31 | 8 | 4 | -0.28 | -0.04 | 87.96 | 85.00 | 10/23/2026 | Yes | 15 | 74 | None | |
| CVX | Chevron Corp | Options Chain | 4.00 | 4.20 | 1.37 | 5.00 | 0.27 | 0.27 | 23 | 20 | -0.30 | -0.09 | 210.48 | 205.00 | 10/23/2026 | No | 13 | 77 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.75 | 6.55 | 1.35 | 5.00 | 0.27 | 0.44 | 3 | 5 | -0.27 | -0.15 | 232.09 | 215.00 | 10/23/2026 | No | 13 | 73 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 1.90 | 2.05 | 0.65 | 2.50 | 0.26 | 0.45 | 1353 | 82 | -0.26 | -0.05 | 81.76 | 75.00 | 10/16/2026 | No | 9 | 55 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.90 | 2.05 | 0.65 | 2.50 | 0.26 | 0.36 | 0 | 3 | -0.28 | -0.06 | 91.99 | 87.50 | 10/16/2026 | No | 8 | 58 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.02 | 1.19 | 0.26 | 1.00 | 0.26 | 0.27 | 2 | 3 | -0.28 | -0.03 | 62.39 | 60.00 | 10/23/2026 | Yes | 13 | 74 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.79 | 2.45 | 0.26 | 1.00 | 0.26 | 0.23 | 4 | 0 | -0.28 | -0.05 | 145.58 | 137.00 | 10/23/2026 | Yes | 12 | 72 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.33 | 3.15 | 0.26 | 1.00 | 0.26 | 0.50 | 0 | 6 | -0.30 | -0.06 | 76.62 | 71.00 | 10/23/2026 | Yes | 9 | 59 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.84 | 0.90 | 0.25 | 1.00 | 0.25 | 0.44 | 226 | 18 | -0.25 | -0.02 | 38.10 | 34.00 | 10/23/2026 | Yes | 13 | 59 | None | |
| EQNR | Equinor ASA | Options Chain | 0.90 | 1.00 | 0.25 | 1.00 | 0.25 | 0.39 | 23 | 3 | -0.26 | -0.03 | 43.39 | 42.00 | 10/16/2026 | No | 10 | 50 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.65 | 0.80 | 0.25 | 1.00 | 0.25 | 0.40 | 34 | 0 | -0.26 | -0.02 | 33.30 | 31.00 | 10/16/2026 | No | 13 | 68 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.46 | 0.56 | 0.25 | 1.00 | 0.25 | 0.35 | 30 | 39 | -0.28 | -0.01 | 26.33 | 23.00 | 10/23/2026 | No | 10 | 53 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.65 | 0.80 | 0.25 | 1.00 | 0.25 | 0.30 | 1 | 6 | -0.28 | -0.02 | 42.28 | 40.00 | 10/16/2026 | Yes | 15 | 77 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.75 | 10.00 | 1.23 | 5.00 | 0.25 | 0.35 | 9 | 8 | -0.30 | -0.19 | 400.84 | 370.00 | 10/23/2026 | No | 10 | 58 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.80 | 3.60 | 1.21 | 5.00 | 0.24 | 0.22 | 8 | 30 | -0.27 | -0.09 | 255.81 | 245.00 | 10/23/2026 | No | 9 | 59 | None | |
| GIS | General Mills Inc | Options Chain | 0.85 | 0.95 | 0.60 | 2.50 | 0.24 | 0.37 | 497 | 15 | -0.30 | -0.02 | 37.69 | 35.00 | 10/16/2026 | Yes | 5 | 52 | None | |
| WMT | Walmart Inc | Options Chain | 1.57 | 1.78 | 0.24 | 1.00 | 0.24 | 0.25 | 4 | 15 | -0.29 | -0.04 | 106.05 | 102.00 | 10/23/2026 | No | 9 | 59 | None | |
| NVO | Novo Nordisk | Options Chain | 0.74 | 1.03 | 0.23 | 1.00 | 0.23 | 0.34 | 3 | 7 | -0.26 | -0.03 | 45.16 | 42.00 | 10/23/2026 | No | 14 | 57 | None | |
| BCS | Barclays plc | Options Chain | 0.40 | 0.50 | 0.22 | 1.00 | 0.22 | 0.32 | 18 | 1 | -0.25 | -0.01 | 26.80 | 25.00 | 10/16/2026 | No | 18 | 62 | None | |
| T | AT&T Inc | Options Chain | 0.00 | 1.00 | 0.11 | 0.50 | 0.22 | 0.49 | 0 | 18 | -0.25 | -0.01 | 25.60 | 23.50 | 10/23/2026 | Yes | 14 | 67 | None | |
| KO | Coca-Cola Company | Options Chain | 0.98 | 1.10 | 0.21 | 1.00 | 0.21 | 0.21 | 11 | 3 | -0.27 | -0.02 | 88.36 | 84.00 | 10/23/2026 | Yes | 11 | 67 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.56 | 2.90 | 0.52 | 2.50 | 0.21 | 0.30 | 69 | 5 | -0.26 | -0.07 | 161.11 | 155.00 | 10/23/2026 | No | 11 | 66 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.20 | 1.40 | 0.50 | 2.50 | 0.20 | 0.34 | 78 | 26 | -0.22 | -0.05 | 84.50 | 80.00 | 10/16/2026 | No | 16 | 57 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.55 | 0.70 | 0.20 | 1.00 | 0.20 | 0.38 | 0 | 1 | -0.23 | -0.02 | 32.34 | 30.00 | 10/16/2026 | No | 7 | 58 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.50 | 0.20 | 1.00 | 0.20 | 0.37 | 52 | 0 | -0.26 | -0.01 | 23.65 | 22.00 | 10/16/2026 | No | 11 | 68 | None | |
| F | Ford Motor Company | Options Chain | 0.24 | 0.31 | 0.10 | 0.50 | 0.20 | 0.37 | 9 | 0 | -0.24 | -0.01 | 14.00 | 13.00 | 10/23/2026 | Yes | 9 | 48 | None | |
| ING | ING Groep N.V. | Options Chain | 0.50 | 0.55 | 0.18 | 1.00 | 0.18 | 0.28 | 3 | 2 | -0.26 | -0.02 | 37.16 | 35.00 | 10/16/2026 | No | 10 | 62 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.10 | 1.30 | 0.85 | 5.00 | 0.17 | 0.37 | 152 | 41 | -0.25 | -0.03 | 64.10 | 60.00 | 10/16/2026 | No | 13 | 72 | None | |
| SYF | Synchrony Financial | Options Chain | 1.00 | 1.30 | 0.42 | 2.50 | 0.17 | 0.33 | 1 | 2 | -0.23 | -0.04 | 78.62 | 72.50 | 10/16/2026 | No | 14 | 75 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.22 | 0.55 | 0.16 | 1.00 | 0.16 | 0.16 | 1 | 0 | -0.25 | -0.01 | 38.83 | 38.00 | 10/23/2026 | No | 12 | 68 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.55 | 0.70 | 0.38 | 2.50 | 0.15 | 0.28 | 11 | 0 | -0.23 | -0.03 | 50.55 | 47.50 | 10/16/2026 | Yes | 15 | 75 | None |