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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EQNR | Equinor ASA | Options Chain | 1.15 | 1.50 | 0.45 | 1.00 | 0.45 | 0.36 | 0 | 5 | -0.30 | -0.02 | 42.86 | 40.00 | 10/16/2026 | No | 13 | 58 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.95 | 2.35 | 0.42 | 1.00 | 0.42 | 0.51 | 0 | 19 | -0.30 | -0.04 | 53.07 | 49.00 | 10/16/2026 | No | 19 | 65 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 26.05 | 27.55 | 3.60 | 10.00 | 0.36 | 0.76 | 2 | 5 | -0.30 | -0.44 | 442.08 | 390.00 | 10/16/2026 | Yes | 11 | 52 | None | |
| ORCL | Oracle Corp | Options Chain | 7.30 | 7.60 | 1.72 | 5.00 | 0.34 | 0.64 | 172 | 88 | -0.30 | -0.12 | 146.80 | 130.00 | 10/16/2026 | Yes | 7 | 60 | None | |
| GLW | Corning Inc | Options Chain | 6.30 | 6.75 | 1.63 | 5.00 | 0.33 | 0.63 | 31 | 84 | -0.27 | -0.12 | 149.84 | 130.00 | 10/16/2026 | No | 9 | 54 | None | |
| CRM | Salesforce Inc | Options Chain | 7.55 | 8.20 | 1.63 | 5.00 | 0.33 | 0.47 | 29 | 11 | -0.30 | -0.13 | 209.17 | 195.00 | 10/16/2026 | Yes | 15 | 70 | None | |
| HPQ | HP Inc | Options Chain | 1.07 | 1.11 | 0.32 | 1.00 | 0.32 | 0.51 | 10 | 31 | -0.28 | -0.02 | 29.71 | 26.00 | 10/16/2026 | Yes | 14 | 54 | None | |
| DKS | Dicks Sporting Goods Inc | Options Chain | 6.90 | 7.70 | 1.45 | 5.00 | 0.29 | 0.49 | 1 | 1 | -0.26 | -0.11 | 183.23 | 165.00 | 10/16/2026 | Yes | 11 | 66 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.44 | 0.55 | 0.29 | 1.00 | 0.29 | 0.18 | 32 | 0 | -0.29 | -0.01 | 38.01 | 37.00 | 10/16/2026 | No | 9 | 59 | None | |
| SWK | Stanley Black & Decker Inc | Options Chain | 1.90 | 2.30 | 0.72 | 2.50 | 0.29 | 0.35 | 3 | 6 | -0.24 | -0.04 | 100.02 | 90.00 | 10/16/2026 | No | 11 | 58 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 10.00 | 10.60 | 2.85 | 10.00 | 0.29 | 0.44 | 3 | 6 | -0.26 | -0.21 | 360.72 | 330.00 | 10/16/2026 | No | 11 | 62 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.45 | 4.65 | 1.40 | 5.00 | 0.28 | 0.43 | 30 | 124 | -0.27 | -0.08 | 160.75 | 145.00 | 10/16/2026 | No | 10 | 63 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.71 | 3.00 | 1.40 | 5.00 | 0.28 | 0.52 | 264 | 577 | -0.29 | -0.05 | 76.87 | 70.00 | 10/16/2026 | No | 11 | 64 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.35 | 10.65 | 2.75 | 10.00 | 0.28 | 0.38 | 1643 | 82 | -0.27 | -0.20 | 418.95 | 380.00 | 10/16/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| VST | Vistra Corp | Options Chain | 3.85 | 4.15 | 1.37 | 5.00 | 0.27 | 0.44 | 22 | 53 | -0.26 | -0.08 | 136.21 | 125.00 | 10/16/2026 | No | 7 | 54 | None | |
| UNM | Unum Group | Options Chain | 1.60 | 2.25 | 0.68 | 2.50 | 0.27 | 0.28 | 1 | 3 | -0.30 | -0.04 | 86.95 | 85.00 | 10/16/2026 | No | 9 | 70 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.35 | 6.75 | 1.32 | 5.00 | 0.26 | 0.25 | 69 | 9 | -0.29 | -0.12 | 351.58 | 340.00 | 10/16/2026 | Yes | 13 | 80 | None | |
| MO | Altria Group Inc | Options Chain | 1.27 | 1.31 | 0.65 | 2.50 | 0.26 | 0.23 | 135 | 50 | -0.28 | -0.01 | 66.09 | 65.00 | 10/16/2026 | No | 9 | 66 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.84 | 0.93 | 0.26 | 1.00 | 0.26 | 0.23 | 57 | 103 | -0.30 | -0.01 | 49.45 | 48.00 | 10/16/2026 | No | 9 | 73 | None | |
| HAL | Halliburton Company | Options Chain | 0.75 | 0.85 | 0.25 | 1.00 | 0.25 | 0.35 | 7 | 21 | -0.27 | -0.01 | 35.34 | 32.00 | 10/16/2026 | No | 12 | 56 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.65 | 1.15 | 0.25 | 1.00 | 0.25 | 0.38 | 25 | 2 | -0.28 | -0.02 | 32.93 | 30.00 | 10/16/2026 | No | 11 | 59 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.10 | 3.30 | 1.22 | 5.00 | 0.24 | 0.28 | 49 | 232 | -0.29 | -0.07 | 165.11 | 155.00 | 10/16/2026 | No | 13 | 73 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.23 | 1.29 | 0.61 | 2.50 | 0.24 | 0.43 | 1789 | 68 | -0.29 | -0.02 | 40.75 | 37.50 | 10/16/2026 | Yes | 13 | 59 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.19 | 1.24 | 0.61 | 2.50 | 0.24 | 0.34 | 38 | 53 | -0.30 | -0.02 | 49.10 | 45.00 | 10/16/2026 | No | 13 | 64 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.95 | 8.35 | 2.42 | 10.00 | 0.24 | 0.32 | 39 | 51 | -0.25 | -0.15 | 390.11 | 370.00 | 10/16/2026 | No | 10 | 58 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.06 | 2.24 | 1.21 | 5.00 | 0.24 | 0.68 | 281 | 4 | -0.24 | -0.04 | 53.55 | 45.00 | 10/16/2026 | Yes | 8 | 52 | None | |
| AA | Alcoa Corp | Options Chain | 1.75 | 1.90 | 1.20 | 5.00 | 0.24 | 0.53 | 94 | 18 | -0.25 | -0.04 | 51.85 | 45.00 | 10/16/2026 | Yes | 16 | 52 | None | |
| TGT | Target Corp | Options Chain | 3.45 | 3.65 | 1.20 | 5.00 | 0.24 | 0.31 | 135 | 146 | -0.26 | -0.08 | 158.25 | 160.00 | 10/16/2026 | No | 14 | 73 | None | |
| V | Visa Inc - Class A | Options Chain | 5.30 | 5.65 | 1.18 | 5.00 | 0.24 | 0.22 | 54 | 189 | -0.27 | -0.12 | 371.04 | 365.00 | 10/16/2026 | No | 10 | 64 | None | |
| XYL | Xylem Inc | Options Chain | 1.20 | 2.60 | 1.17 | 5.00 | 0.23 | 0.29 | 17 | 0 | -0.19 | -0.05 | 113.44 | 105.00 | 10/16/2026 | No | 12 | 58 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.54 | 1.61 | 0.58 | 2.50 | 0.23 | 0.28 | 183 | 592 | -0.27 | -0.04 | 83.84 | 80.00 | 10/16/2026 | Yes | 16 | 74 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 3.80 | 4.10 | 1.15 | 5.00 | 0.23 | 0.43 | 16 | 16 | -0.26 | -0.08 | 157.01 | 140.00 | 10/16/2026 | No | 8 | 59 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.30 | 1.80 | 0.55 | 2.50 | 0.22 | 0.40 | 6 | 3 | -0.26 | -0.04 | 67.53 | 60.00 | 10/16/2026 | No | 9 | 62 | None | |
| EIX | Edison International | Options Chain | 1.55 | 1.65 | 0.55 | 2.50 | 0.22 | 0.37 | 23 | 16 | -0.26 | -0.03 | 71.59 | 67.50 | 10/16/2026 | No | 10 | 63 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.70 | 1.10 | 0.22 | 1.00 | 0.22 | 0.28 | 30 | 4 | -0.29 | -0.02 | 42.93 | 41.00 | 10/16/2026 | Yes | 15 | 68 | None | |
| GM | General Motors Company | Options Chain | 1.59 | 1.74 | 0.52 | 2.50 | 0.21 | 0.34 | 10 | 2 | -0.25 | -0.04 | 87.93 | 80.00 | 10/16/2026 | No | 9 | 63 | None | |
| APA | APA Corporation | Options Chain | 0.87 | 1.08 | 0.51 | 2.50 | 0.20 | 0.46 | 2 | 6 | -0.22 | -0.02 | 43.39 | 37.50 | 10/16/2026 | No | 14 | 70 | None | |
| EQT | EQT Corp | Options Chain | 0.77 | 0.98 | 0.51 | 2.50 | 0.20 | 0.31 | 18 | 6 | -0.23 | -0.03 | 53.72 | 50.00 | 10/16/2026 | No | 10 | 60 | None | |
| COP | Conoco Phillips | Options Chain | 2.33 | 2.53 | 1.01 | 5.00 | 0.20 | 0.31 | 34 | 5 | -0.24 | -0.06 | 134.80 | 125.00 | 10/16/2026 | No | 12 | 76 | None | |
| CNQ | Canadian Natural Resources Ltd | Options Chain | 0.90 | 1.15 | 0.50 | 2.50 | 0.20 | 0.30 | 10 | 1 | -0.28 | -0.02 | 51.31 | 47.50 | 10/16/2026 | No | 12 | 65 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.65 | 0.80 | 0.20 | 1.00 | 0.20 | 0.35 | 24 | 35 | -0.26 | -0.02 | 32.02 | 30.00 | 10/16/2026 | No | 7 | 58 | None | |
| EXC | Exelon Corp | Options Chain | 0.55 | 0.70 | 0.20 | 1.00 | 0.20 | 0.21 | 11 | 0 | -0.27 | -0.01 | 43.78 | 42.00 | 10/16/2026 | No | 11 | 64 | None | |
| F | Ford Motor Company | Options Chain | 0.30 | 0.32 | 0.19 | 1.00 | 0.19 | 0.34 | 1177 | 125 | -0.27 | -0.01 | 14.41 | 13.00 | 10/16/2026 | No | 9 | 48 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.25 | 1.45 | 0.47 | 2.50 | 0.19 | 0.31 | 2 | 26 | -0.23 | -0.03 | 80.30 | 72.50 | 10/16/2026 | No | 17 | 52 | None | |
| KO | Coca-Cola Company | Options Chain | 1.01 | 1.06 | 0.47 | 2.50 | 0.19 | 0.19 | 67 | 281 | -0.25 | -0.02 | 91.10 | 87.50 | 10/16/2026 | No | 9 | 61 | None | |
| CVX | Chevron Corp | Options Chain | 2.54 | 2.65 | 0.93 | 5.00 | 0.19 | 0.26 | 56 | 42 | -0.23 | -0.07 | 205.27 | 190.00 | 10/16/2026 | No | 13 | 77 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.35 | 1.60 | 0.90 | 5.00 | 0.18 | 0.38 | 13 | 4 | -0.25 | -0.03 | 66.76 | 60.00 | 10/16/2026 | No | 13 | 72 | None | |
| T | AT&T Inc | Options Chain | 0.35 | 0.40 | 0.18 | 1.00 | 0.18 | 0.26 | 202 | 83 | -0.24 | -0.01 | 25.29 | 24.00 | 10/16/2026 | No | 14 | 67 | None | |
| PCG | PG&E Corp | Options Chain | 0.38 | 0.42 | 0.17 | 1.00 | 0.17 | 0.45 | 79 | 162 | -0.21 | -0.01 | 17.60 | 16.00 | 10/16/2026 | No | 13 | 59 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.25 | 1.40 | 0.85 | 5.00 | 0.17 | 0.36 | 204 | 74 | -0.20 | -0.04 | 77.73 | 70.00 | 10/16/2026 | No | 15 | 65 | None | |
| GFI | Gold Fields Ltd | Options Chain | 1.25 | 1.40 | 0.85 | 5.00 | 0.17 | 0.57 | 104 | 0 | -0.22 | -0.02 | 47.81 | 40.00 | 10/16/2026 | No | 12 | 57 | None | |
| WMT | Walmart Inc | Options Chain | 1.28 | 1.32 | 0.79 | 5.00 | 0.16 | 0.23 | 823 | 364 | -0.25 | -0.04 | 103.70 | 100.00 | 10/16/2026 | No | 9 | 60 | None | |
| NVO | Novo Nordisk | Options Chain | 0.65 | 0.70 | 0.38 | 2.50 | 0.15 | 0.33 | 47 | 14 | -0.20 | -0.02 | 46.74 | 42.50 | 10/16/2026 | No | 14 | 58 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.73 | 0.88 | 0.38 | 2.50 | 0.15 | 0.27 | 43 | 4 | -0.22 | -0.02 | 62.05 | 57.50 | 10/16/2026 | Yes | 15 | 74 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.35 | 0.50 | 0.15 | 1.00 | 0.15 | 0.39 | 9 | 0 | -0.22 | -0.01 | 23.76 | 21.00 | 10/16/2026 | No | 9 | 59 | None | |
| RF | Regions Financial Corp | Options Chain | 0.45 | 0.60 | 0.15 | 1.00 | 0.15 | 0.25 | 23 | 11 | -0.29 | -0.01 | 30.47 | 29.00 | 10/16/2026 | Yes | 14 | 61 | None |