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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GFI | Gold Fields Ltd | Options Chain | 2.50 | 3.10 | 0.85 | 1.00 | 0.85 | 0.63 | 6 | 0 | -0.29 | -0.03 | 52.84 | 48.00 | 4/17/2026 | No | 12 | 51 | None | |
| INTU | Intuit Inc | Options Chain | 15.00 | 16.90 | 3.30 | 10.00 | 0.33 | 0.58 | 48 | 0 | -0.27 | -0.26 | 382.25 | 340.00 | 4/17/2026 | No | 13 | 60 | None | |
| OMC | Omnicom Group Inc | Options Chain | 1.60 | 2.55 | 0.80 | 2.50 | 0.32 | 0.33 | 196 | 1 | -0.28 | -0.03 | 80.93 | 77.50 | 4/17/2026 | No | 13 | 69 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.80 | 0.83 | 0.31 | 1.00 | 0.31 | 0.22 | 327 | 72 | -0.28 | -0.01 | 49.25 | 47.00 | 4/17/2026 | No | 9 | 71 | None | |
| GLW | Corning Inc | Options Chain | 5.85 | 6.25 | 1.47 | 5.00 | 0.29 | 0.59 | 261 | 867 | -0.27 | -0.10 | 129.99 | 125.00 | 4/17/2026 | No | 9 | 57 | None | |
| AVGO | Broadcom Inc | Options Chain | 14.25 | 14.70 | 2.90 | 10.00 | 0.29 | 0.57 | 190 | 78 | -0.28 | -0.23 | 332.65 | 300.00 | 4/17/2026 | Yes | 11 | 67 | None | |
| CHRW | C.H. Robinson Worldwide Inc | Options Chain | 4.80 | 5.70 | 1.45 | 5.00 | 0.29 | 0.39 | 9 | 0 | -0.27 | -0.09 | 185.19 | 175.00 | 4/17/2026 | No | 9 | 57 | None | |
| ORCL | Oracle Corp | Options Chain | 7.00 | 7.40 | 1.42 | 5.00 | 0.28 | 0.68 | 315 | 82 | -0.27 | -0.12 | 157.20 | 130.00 | 4/17/2026 | No | 10 | 67 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 5.60 | 6.00 | 1.40 | 5.00 | 0.28 | 0.46 | 14 | 17 | -0.30 | -0.09 | 151.20 | 140.00 | 4/17/2026 | No | 9 | 58 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.60 | 2.80 | 0.70 | 2.50 | 0.28 | 0.33 | 5 | 0 | -0.26 | -0.02 | 97.09 | 90.00 | 4/17/2026 | No | 10 | 63 | None | |
| AU | AngloGold Ashanti Plc. | Options Chain | 4.20 | 5.70 | 1.37 | 5.00 | 0.27 | 0.62 | 32 | 28 | -0.26 | -0.06 | 114.25 | 100.00 | 4/17/2026 | Yes | 14 | 59 | None | |
| SJM | J.M. Smucker Company | Options Chain | 1.90 | 3.30 | 1.37 | 5.00 | 0.27 | 0.31 | 0 | 11 | -0.28 | -0.04 | 109.36 | 105.00 | 4/17/2026 | No | 6 | 57 | None | |
| SAN | Banco Santander S.A. | Options Chain | 0.10 | 1.20 | 0.27 | 1.00 | 0.27 | 0.64 | 3 | 0 | -0.18 | 0.00 | 12.75 | 11.00 | 4/17/2026 | No | 12 | 51 | None | |
| AMAT | Applied Materials Inc | Options Chain | 13.30 | 14.25 | 2.65 | 10.00 | 0.27 | 0.51 | 8 | 19 | -0.27 | -0.25 | 375.38 | 340.00 | 4/17/2026 | No | 15 | 67 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.60 | 12.45 | 2.63 | 10.00 | 0.26 | 0.45 | 655 | 355 | -0.28 | -0.21 | 360.21 | 340.00 | 4/17/2026 | No | 22 | 67 |
Dividend Stock List |
|
| NEM | Newmont Corp | Options Chain | 3.75 | 4.20 | 1.31 | 5.00 | 0.26 | 0.50 | 100 | 121 | -0.25 | -0.08 | 122.13 | 110.00 | 4/17/2026 | No | 18 | 71 | None | |
| COP | Conoco Phillips | Options Chain | 2.82 | 2.94 | 1.27 | 5.00 | 0.25 | 0.32 | 270 | 56 | -0.30 | -0.05 | 111.59 | 105.00 | 4/17/2026 | No | 9 | 73 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.75 | 8.35 | 2.52 | 10.00 | 0.25 | 0.37 | 124 | 256 | -0.28 | -0.12 | 289.70 | 270.00 | 4/17/2026 | No | 9 | 58 | None | |
| MSFT | Microsoft Corporation | Options Chain | 7.95 | 8.25 | 1.25 | 5.00 | 0.25 | 0.30 | 301 | 795 | -0.27 | -0.17 | 397.23 | 375.00 | 4/17/2026 | No | 15 | 72 | None | |
| HAL | Halliburton Company | Options Chain | 0.82 | 0.97 | 0.25 | 1.00 | 0.25 | 0.40 | 4 | 62 | -0.26 | -0.02 | 35.37 | 32.00 | 4/17/2026 | No | 9 | 48 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.60 | 0.75 | 0.25 | 1.00 | 0.25 | 0.39 | 20 | 10 | -0.30 | -0.01 | 23.13 | 21.00 | 4/17/2026 | No | 11 | 56 | None | |
| TGT | Target Corp | Options Chain | 2.68 | 3.30 | 1.24 | 5.00 | 0.25 | 0.43 | 5 | 26 | -0.24 | -0.06 | 116.69 | 105.00 | 4/17/2026 | No | 12 | 66 | None | |
| EBAY | EBay Inc | Options Chain | 2.07 | 2.18 | 0.62 | 2.50 | 0.25 | 0.33 | 8 | 74 | -0.28 | -0.04 | 84.75 | 82.50 | 4/17/2026 | Yes | 11 | 66 | None | |
| RTX | RTX Corp | Options Chain | 4.80 | 5.55 | 1.23 | 5.00 | 0.25 | 0.31 | 26 | 256 | -0.30 | -0.09 | 204.92 | 195.00 | 4/17/2026 | No | 11 | 60 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.35 | 3.65 | 1.22 | 5.00 | 0.24 | 0.30 | 800 | 327 | -0.29 | -0.06 | 147.28 | 140.00 | 4/17/2026 | No | 9 | 73 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.19 | 2.53 | 0.60 | 2.50 | 0.24 | 0.50 | 20 | 15 | -0.26 | -0.04 | 67.44 | 62.50 | 4/17/2026 | Yes | 15 | 67 | None | |
| SLB | SLB | Options Chain | 1.33 | 1.45 | 0.60 | 2.50 | 0.24 | 0.37 | 4 | 6 | -0.28 | -0.02 | 51.60 | 47.50 | 4/17/2026 | No | 7 | 58 | None | |
| DPZ | Dominos Pizza Inc | Options Chain | 8.30 | 10.80 | 2.35 | 10.00 | 0.24 | 0.34 | 10 | 15 | -0.29 | -0.17 | 385.13 | 360.00 | 4/17/2026 | Yes | 12 | 59 | None | |
| MS | Morgan Stanley | Options Chain | 4.65 | 4.95 | 1.17 | 5.00 | 0.23 | 0.35 | 68 | 6 | -0.29 | -0.09 | 176.00 | 165.00 | 4/17/2026 | No | 9 | 67 | None | |
| YUMC | Yum China Holdings Inc | Options Chain | 0.75 | 1.50 | 0.58 | 2.50 | 0.23 | 0.31 | 0 | 1 | -0.26 | -0.02 | 53.62 | 50.00 | 4/17/2026 | No | 14 | 57 | None | |
| INFY | Infosys Ltd | Options Chain | 0.40 | 0.65 | 0.23 | 1.00 | 0.23 | 0.54 | 3 | 42 | -0.26 | -0.01 | 14.57 | 13.00 | 4/17/2026 | No | 14 | 52 | None | |
| PPL | PPL Corp | Options Chain | 0.50 | 0.75 | 0.23 | 1.00 | 0.23 | 0.21 | 17 | 0 | -0.30 | -0.01 | 37.44 | 36.00 | 4/17/2026 | No | 10 | 66 | None | |
| NUE | Nucor Corp | Options Chain | 3.80 | 4.40 | 1.12 | 5.00 | 0.22 | 0.37 | 6 | 5 | -0.24 | -0.08 | 180.01 | 165.00 | 4/17/2026 | No | 12 | 67 | None | |
| MCHP | Microchip Technology Inc | Options Chain | 2.05 | 2.55 | 0.55 | 2.50 | 0.22 | 0.46 | 2 | 3 | -0.26 | -0.04 | 77.73 | 70.00 | 4/17/2026 | No | 3 | 57 | None | |
| HPQ | HP Inc | Options Chain | 0.52 | 0.62 | 0.22 | 1.00 | 0.22 | 0.54 | 21 | 0 | -0.21 | -0.01 | 18.34 | 16.00 | 4/17/2026 | Yes | 11 | 51 | None | |
| DOW | Dow Inc | Options Chain | 0.91 | 1.01 | 0.54 | 2.50 | 0.22 | 0.45 | 52 | 69 | -0.26 | -0.01 | 31.39 | 27.50 | 4/17/2026 | No | 6 | 50 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 5.00 | 5.60 | 1.05 | 5.00 | 0.21 | 0.58 | 7 | 17 | -0.27 | -0.09 | 119.06 | 110.00 | 4/17/2026 | Yes | 17 | 63 | None | |
| ICE | Intercontinental Exchange Inc | Options Chain | 2.75 | 3.30 | 1.03 | 5.00 | 0.21 | 0.28 | 0 | 2 | -0.28 | -0.05 | 154.01 | 145.00 | 4/17/2026 | No | 9 | 71 | None | |
| GPC | Genuine Parts Company | Options Chain | 1.70 | 2.75 | 1.00 | 5.00 | 0.20 | 0.30 | 2 | 7 | -0.25 | -0.04 | 119.37 | 110.00 | 4/17/2026 | Yes | 8 | 54 | None | |
| SHEL | Shell Plc ADR (Representing - ) | Options Chain | 1.15 | 1.30 | 0.50 | 2.50 | 0.20 | 0.26 | 22 | 14 | -0.24 | -0.03 | 79.78 | 75.00 | 4/17/2026 | No | 15 | 64 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.06 | 1.17 | 0.50 | 2.50 | 0.20 | 0.36 | 267 | 132 | -0.25 | -0.02 | 51.48 | 47.50 | 4/17/2026 | No | 9 | 59 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.88 | 2.08 | 0.50 | 2.50 | 0.20 | 0.34 | 149 | 55 | -0.26 | -0.04 | 88.70 | 82.50 | 4/17/2026 | No | 10 | 66 | None | |
| VTRS | Viatris Inc | Options Chain | 0.25 | 0.45 | 0.20 | 1.00 | 0.20 | 0.45 | 50 | 11 | -0.21 | -0.01 | 15.92 | 14.00 | 4/17/2026 | No | 5 | 51 | None | |
| BCS | Barclays plc | Options Chain | 0.50 | 0.70 | 0.20 | 1.00 | 0.20 | 0.36 | 1 | 0 | -0.24 | -0.01 | 25.99 | 24.00 | 4/17/2026 | No | 14 | 47 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.56 | 0.79 | 0.20 | 1.00 | 0.20 | 0.50 | 3 | 1 | -0.25 | -0.01 | 21.39 | 19.00 | 4/17/2026 | Yes | 8 | 52 | None | |
| ITW | Illinois Tool Works Inc | Options Chain | 3.80 | 4.70 | 1.92 | 10.00 | 0.19 | 0.22 | 2 | 0 | -0.27 | -0.08 | 293.82 | 280.00 | 4/17/2026 | No | 11 | 63 | None | |
| PG | Procter & Gamble Company | Options Chain | 2.19 | 2.51 | 0.96 | 5.00 | 0.19 | 0.20 | 15 | 870 | -0.28 | -0.05 | 160.78 | 155.00 | 4/17/2026 | No | 8 | 67 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.33 | 1.43 | 0.48 | 2.50 | 0.19 | 0.25 | 54 | 73 | -0.29 | -0.02 | 78.56 | 75.00 | 4/17/2026 | No | 9 | 65 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.43 | 0.56 | 0.19 | 1.00 | 0.19 | 0.24 | 0 | 2 | -0.26 | -0.01 | 32.58 | 31.00 | 4/17/2026 | No | 10 | 67 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.80 | 6.30 | 0.92 | 5.00 | 0.18 | 0.30 | 310 | 98 | -0.26 | -0.11 | 310.79 | 290.00 | 4/17/2026 | No | 8 | 79 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.76 | 0.95 | 0.46 | 2.50 | 0.18 | 0.37 | 0 | 3 | -0.22 | -0.02 | 44.66 | 40.00 | 4/17/2026 | No | 9 | 64 | None | |
| EQT | EQT Corp | Options Chain | 1.21 | 1.33 | 0.46 | 2.50 | 0.18 | 0.38 | 115 | 4 | -0.22 | -0.03 | 59.77 | 55.00 | 4/17/2026 | No | 12 | 68 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.75 | 2.25 | 0.90 | 5.00 | 0.18 | 0.60 | 145 | 250 | -0.21 | -0.04 | 64.70 | 55.00 | 4/17/2026 | No | 14 | 55 | None | |
| MKC | McCormick & Co. Inc (Non Voting) | Options Chain | 1.30 | 1.70 | 0.90 | 5.00 | 0.18 | 0.29 | 1 | 10 | -0.30 | -0.02 | 68.49 | 65.00 | 4/17/2026 | No | 8 | 54 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.25 | 1.85 | 0.45 | 2.50 | 0.18 | 0.47 | 3 | 0 | -0.22 | -0.02 | 56.67 | 50.00 | 4/17/2026 | No | 8 | 55 | None | |
| UL | Unilever plc | Options Chain | 0.85 | 0.95 | 0.45 | 2.50 | 0.18 | 0.19 | 34 | 54 | -0.27 | -0.01 | 72.25 | 70.00 | 4/17/2026 | No | 10 | 66 | None | |
| D | Dominion Energy Inc | Options Chain | 0.85 | 1.25 | 0.45 | 2.50 | 0.18 | 0.22 | 1 | 0 | -0.29 | -0.01 | 65.46 | 62.50 | 4/17/2026 | Yes | 10 | 70 | None | |
| EXC | Exelon Corp | Options Chain | 0.50 | 0.75 | 0.18 | 1.00 | 0.18 | 0.22 | 0 | 1 | -0.25 | -0.01 | 47.36 | 45.00 | 4/17/2026 | No | 10 | 69 | None | |
| EQNR | Equinor ASA | Options Chain | 0.55 | 0.70 | 0.18 | 1.00 | 0.18 | 0.32 | 25 | 3 | -0.27 | -0.01 | 28.85 | 27.00 | 4/17/2026 | No | 8 | 52 | None | |
| WMT | Walmart Inc | Options Chain | 1.91 | 2.08 | 0.88 | 5.00 | 0.18 | 0.28 | 1156 | 1468 | -0.24 | -0.04 | 122.99 | 115.00 | 4/17/2026 | No | 9 | 57 | None | |
| QCOM | Qualcomm Inc | Options Chain | 2.62 | 2.78 | 0.87 | 5.00 | 0.17 | 0.35 | 19 | 11 | -0.23 | -0.05 | 141.35 | 130.00 | 4/17/2026 | No | 9 | 66 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.96 | 4.65 | 1.73 | 10.00 | 0.17 | 0.24 | 66 | 57 | -0.28 | -0.07 | 242.49 | 230.00 | 4/17/2026 | No | 9 | 66 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.45 | 1.75 | 0.42 | 2.50 | 0.17 | 0.37 | 9 | 12 | -0.27 | -0.03 | 64.99 | 60.00 | 4/17/2026 | No | 16 | 71 | None | |
| C | Citigroup Inc | Options Chain | 2.18 | 2.32 | 0.79 | 5.00 | 0.16 | 0.38 | 16 | 32 | -0.21 | -0.05 | 116.00 | 105.00 | 4/17/2026 | Yes | 14 | 77 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.38 | 1.44 | 0.78 | 5.00 | 0.16 | 0.51 | 96 | 9 | -0.19 | -0.03 | 62.57 | 55.00 | 4/17/2026 | No | 10 | 57 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.19 | 1.25 | 0.77 | 5.00 | 0.15 | 0.31 | 4459 | 982 | -0.30 | -0.02 | 52.77 | 50.00 | 4/17/2026 | Yes | 9 | 65 | None | |
| GPN | Global Payments Inc | Options Chain | 1.40 | 1.90 | 0.75 | 5.00 | 0.15 | 0.36 | 4 | 6 | -0.24 | -0.04 | 80.25 | 75.00 | 4/17/2026 | No | 13 | 70 | None |