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 | 7.85 | 8.05 | 1.82 | 5.00 | 0.36 | 0.64 | 87 | 79 | -0.30 | -0.12 | 144.76 | 135.00 | 10/16/2026 | Yes | 10 | 67 | None | |
| AMKR | AMKOR Technology Inc | Options Chain | 2.40 | 2.60 | 0.35 | 1.00 | 0.35 | 0.68 | 2 | 12 | -0.29 | -0.05 | 48.70 | 43.00 | 10/16/2026 | No | 13 | 52 | None | |
| CRM | Salesforce Inc | Options Chain | 7.30 | 7.75 | 1.70 | 5.00 | 0.34 | 0.46 | 32 | 29 | -0.30 | -0.13 | 205.69 | 190.00 | 10/16/2026 | Yes | 14 | 70 | None | |
| HPQ | HP Inc | Options Chain | 1.04 | 1.13 | 0.31 | 1.00 | 0.31 | 0.50 | 6 | 111 | -0.28 | -0.02 | 29.52 | 27.00 | 10/16/2026 | Yes | 12 | 45 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.05 | 5.25 | 1.52 | 5.00 | 0.30 | 0.42 | 81 | 36 | -0.29 | -0.09 | 160.56 | 150.00 | 10/16/2026 | No | 10 | 63 | None | |
| EQT | EQT Corp | Options Chain | 1.05 | 1.47 | 0.71 | 2.50 | 0.28 | 0.31 | 11 | 32 | -0.27 | -0.03 | 54.00 | 52.50 | 10/16/2026 | No | 15 | 69 | None | |
| INTU | Intuit Inc | Options Chain | 9.70 | 10.10 | 2.65 | 10.00 | 0.27 | 0.47 | 60 | 341 | -0.27 | -0.19 | 357.46 | 310.00 | 10/16/2026 | Yes | 12 | 56 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.80 | 1.00 | 0.25 | 1.00 | 0.25 | 0.28 | 0 | 15 | -0.30 | -0.02 | 42.60 | 41.00 | 10/16/2026 | Yes | 11 | 68 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.04 | 1.10 | 0.59 | 2.50 | 0.24 | 0.44 | 549 | 104 | -0.25 | -0.02 | 39.48 | 35.00 | 10/16/2026 | Yes | 14 | 59 | None | |
| COP | Conoco Phillips | Options Chain | 2.58 | 2.72 | 1.16 | 5.00 | 0.23 | 0.30 | 342 | 14 | -0.28 | -0.06 | 131.84 | 125.00 | 10/16/2026 | No | 12 | 76 | None | |
| KO | Coca-Cola Company | Options Chain | 1.25 | 1.31 | 0.58 | 2.50 | 0.23 | 0.19 | 13 | 144 | -0.30 | -0.02 | 91.64 | 87.50 | 10/16/2026 | No | 10 | 67 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.73 | 0.81 | 0.23 | 1.00 | 0.23 | 0.24 | 39 | 14 | -0.28 | -0.01 | 50.25 | 48.00 | 10/16/2026 | No | 10 | 74 | None | |
| PCG | PG&E Corp | Options Chain | 0.52 | 0.55 | 0.23 | 1.00 | 0.23 | 0.41 | 41 | 7 | -0.29 | -0.01 | 18.36 | 17.00 | 10/16/2026 | No | 9 | 52 | None | |
| OKE | Oneok Inc | Options Chain | 1.80 | 1.95 | 1.13 | 5.00 | 0.23 | 0.28 | 7 | 13 | -0.27 | -0.04 | 91.70 | 90.00 | 10/16/2026 | No | 11 | 64 | None | |
| AA | Alcoa Corp | Options Chain | 1.55 | 1.80 | 1.12 | 5.00 | 0.22 | 0.52 | 28 | 82 | -0.26 | -0.03 | 51.28 | 45.00 | 10/16/2026 | Yes | 16 | 52 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.95 | 2.15 | 1.12 | 5.00 | 0.22 | 0.26 | 411 | 135 | -0.29 | -0.04 | 112.27 | 105.00 | 10/16/2026 | Yes | 12 | 64 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.13 | 2.25 | 1.10 | 5.00 | 0.22 | 0.50 | 229 | 69 | -0.23 | -0.05 | 79.91 | 70.00 | 10/16/2026 | No | 10 | 59 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.40 | 1.60 | 0.55 | 2.50 | 0.22 | 0.32 | 2 | 3 | -0.25 | -0.04 | 79.16 | 75.00 | 10/16/2026 | No | 14 | 45 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.60 | 0.22 | 1.00 | 0.22 | 0.38 | 7 | 3 | -0.25 | -0.01 | 23.04 | 21.00 | 10/16/2026 | No | 10 | 59 | None | |
| MO | Altria Group Inc | Options Chain | 1.01 | 1.10 | 0.54 | 2.50 | 0.22 | 0.23 | 213 | 12 | -0.24 | -0.01 | 68.10 | 65.00 | 10/16/2026 | No | 9 | 66 | None | |
| APA | APA Corporation | Options Chain | 0.93 | 1.04 | 0.51 | 2.50 | 0.20 | 0.46 | 1 | 14 | -0.24 | -0.02 | 41.35 | 37.50 | 10/16/2026 | No | 10 | 54 | None | |
| WMT | Walmart Inc | Options Chain | 1.58 | 1.65 | 1.00 | 5.00 | 0.20 | 0.23 | 297 | 708 | -0.27 | -0.04 | 105.35 | 100.00 | 10/16/2026 | No | 9 | 60 | None | |
| EXC | Exelon Corp | Options Chain | 0.50 | 0.65 | 0.20 | 1.00 | 0.20 | 0.21 | 14 | 0 | -0.25 | -0.01 | 44.31 | 42.00 | 10/16/2026 | No | 11 | 64 | None | |
| DOW | Dow Inc | Options Chain | 0.68 | 0.83 | 0.49 | 2.50 | 0.20 | 0.40 | 14 | 1 | -0.28 | -0.01 | 30.16 | 27.50 | 10/16/2026 | No | 8 | 54 | None | |
| F | Ford Motor Company | Options Chain | 0.29 | 0.30 | 0.19 | 1.00 | 0.19 | 0.33 | 134 | 5 | -0.27 | -0.01 | 13.95 | 13.00 | 10/16/2026 | No | 9 | 48 | None | |
| CVX | Chevron Corp | Options Chain | 2.58 | 2.70 | 0.93 | 5.00 | 0.19 | 0.25 | 188 | 17 | -0.25 | -0.08 | 199.89 | 190.00 | 10/16/2026 | No | 11 | 69 | None | |
| CVS | CVS Health Corp | Options Chain | 1.24 | 1.40 | 0.46 | 2.50 | 0.18 | 0.29 | 17 | 5 | -0.23 | -0.04 | 92.90 | 87.50 | 10/16/2026 | No | 14 | 71 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.40 | 1.70 | 0.87 | 5.00 | 0.17 | 0.37 | 21 | 1 | -0.26 | -0.03 | 64.30 | 60.00 | 10/16/2026 | No | 12 | 72 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.40 | 0.17 | 1.00 | 0.17 | 0.25 | 1 | 16 | -0.28 | -0.01 | 21.94 | 21.00 | 10/16/2026 | Yes | 10 | 59 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.84 | 0.94 | 0.42 | 2.50 | 0.17 | 0.28 | 18 | 7 | -0.22 | -0.02 | 67.92 | 62.50 | 10/16/2026 | No | 16 | 72 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.33 | 0.36 | 0.16 | 1.00 | 0.16 | 0.25 | 8 | 80 | -0.20 | -0.01 | 31.02 | 30.00 | 10/16/2026 | No | 10 | 61 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.15 | 0.25 | 0.15 | 1.00 | 0.15 | 0.38 | 15 | 0 | -0.23 | 0.00 | 10.38 | 9.00 | 10/16/2026 | Yes | 19 | 62 | None | |
| T | AT&T Inc | Options Chain | 0.29 | 0.34 | 0.15 | 1.00 | 0.15 | 0.25 | 17 | 8 | -0.23 | -0.01 | 25.77 | 24.00 | 10/16/2026 | No | 14 | 67 | None | |
| VTRS | Viatris Inc | Options Chain | 0.30 | 0.40 | 0.15 | 1.00 | 0.15 | 0.28 | 0 | 18 | -0.30 | -0.01 | 16.72 | 16.00 | 10/16/2026 | No | 6 | 51 | None |