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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CMCSA | Comcast Corp - Class A | Options Chain | 0.39 | 1.37 | 0.59 | 1.00 | 0.59 | 0.40 | 0 | 1 | -0.24 | -0.01 | 23.49 | 22.00 | 8/28/2026 | Yes | 16 | 68 | None | |
| NVO | Novo Nordisk | Options Chain | 1.17 | 2.05 | 0.57 | 1.00 | 0.57 | 0.47 | 0 | 5 | -0.27 | -0.02 | 50.56 | 47.00 | 8/28/2026 | Yes | 13 | 52 | None | |
| ABT | Abbott Laboratories | Options Chain | 2.05 | 2.60 | 0.50 | 1.00 | 0.50 | 0.32 | 7 | 0 | -0.30 | -0.06 | 89.79 | 95.00 | 8/28/2026 | Yes | 8 | 56 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.27 | 2.49 | 0.48 | 1.00 | 0.48 | 0.56 | 0 | 11 | -0.29 | -0.05 | 60.97 | 54.00 | 8/28/2026 | Yes | 15 | 63 | None | |
| GLW | Corning Inc | Options Chain | 10.70 | 12.40 | 1.92 | 5.00 | 0.38 | 0.91 | 20 | 7 | -0.29 | -0.21 | 174.41 | 140.00 | 8/28/2026 | Yes | 9 | 54 | None | |
| C | Citigroup Inc | Options Chain | 2.63 | 3.15 | 0.35 | 1.00 | 0.35 | 0.32 | 0 | 46 | -0.29 | -0.06 | 134.89 | 126.00 | 8/28/2026 | No | 14 | 77 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.39 | 1.65 | 0.32 | 1.00 | 0.32 | 0.28 | 1 | 5 | -0.28 | -0.03 | 87.51 | 84.00 | 8/28/2026 | No | 13 | 73 | None | |
| HPQ | HP Inc | Options Chain | 0.72 | 1.05 | 0.16 | 0.50 | 0.32 | 0.49 | 3 | 0 | -0.28 | -0.02 | 23.75 | 22.00 | 8/28/2026 | Yes | 12 | 45 | None | |
| DOW | Dow Inc | Options Chain | 0.36 | 1.20 | 0.30 | 1.00 | 0.30 | 0.49 | 1 | 0 | -0.24 | -0.02 | 29.70 | 27.00 | 8/28/2026 | Yes | 6 | 52 | None | |
| ORCL | Oracle Corp | Options Chain | 4.85 | 5.30 | 1.48 | 5.00 | 0.30 | 0.63 | 35 | 24 | -0.27 | -0.12 | 132.49 | 115.00 | 8/28/2026 | No | 10 | 70 | None | |
| QCOM | Qualcomm Inc | Options Chain | 7.35 | 8.45 | 1.45 | 5.00 | 0.29 | 0.69 | 22 | 6 | -0.28 | -0.17 | 177.98 | 155.00 | 8/28/2026 | Yes | 11 | 64 | None | |
| CRM | Salesforce Inc | Options Chain | 3.55 | 5.70 | 1.43 | 5.00 | 0.29 | 0.49 | 0 | 3 | -0.27 | -0.12 | 167.00 | 155.00 | 8/28/2026 | No | 15 | 71 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.60 | 6.25 | 1.38 | 5.00 | 0.28 | 0.50 | 35 | 4 | -0.29 | -0.14 | 211.20 | 190.00 | 8/28/2026 | Yes | 10 | 65 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.95 | 2.20 | 0.68 | 2.50 | 0.27 | 0.39 | 9 | 12 | -0.30 | -0.05 | 85.48 | 77.50 | 8/21/2026 | Yes | 11 | 25 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.74 | 1.07 | 0.27 | 1.00 | 0.27 | 0.40 | 0 | 1 | -0.25 | -0.03 | 42.85 | 40.00 | 8/28/2026 | Yes | 7 | 51 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.09 | 1.59 | 0.27 | 1.00 | 0.27 | 0.32 | 1 | 0 | -0.30 | -0.03 | 58.72 | 57.00 | 8/28/2026 | Yes | 15 | 61 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.90 | 1.20 | 0.27 | 1.00 | 0.27 | 0.37 | 5 | 28 | -0.30 | -0.03 | 46.34 | 44.00 | 8/21/2026 | Yes | 15 | 74 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.40 | 1.70 | 0.67 | 2.50 | 0.27 | 0.58 | 0 | 8 | -0.30 | -0.04 | 43.18 | 40.00 | 8/21/2026 | Yes | 14 | 57 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 14.70 | 15.55 | 1.33 | 5.00 | 0.27 | 0.51 | 2 | 46 | -0.30 | -0.33 | 419.48 | 385.00 | 8/28/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| CSCO | Cisco Systems Inc | Options Chain | 3.35 | 4.00 | 0.25 | 1.00 | 0.25 | 0.48 | 1 | 60 | -0.30 | -0.08 | 112.18 | 101.00 | 8/28/2026 | Yes | 9 | 62 | None | |
| SYK | Stryker Corp | Options Chain | 5.50 | 7.40 | 2.45 | 10.00 | 0.25 | 0.38 | 2 | 13 | -0.24 | -0.18 | 316.44 | 310.00 | 8/21/2026 | Yes | 14 | 67 | None | |
| F | Ford Motor Company | Options Chain | 0.33 | 0.39 | 0.12 | 0.50 | 0.24 | 0.42 | 236 | 5 | -0.27 | -0.01 | 14.18 | 13.00 | 8/28/2026 | Yes | 9 | 47 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.75 | 8.70 | 1.18 | 5.00 | 0.24 | 0.30 | 1 | 11 | -0.28 | -0.20 | 418.52 | 415.00 | 8/28/2026 | Yes | 10 | 58 | None | |
| ING | ING Groep N.V. | Options Chain | 0.60 | 0.65 | 0.23 | 1.00 | 0.23 | 0.31 | 1 | 1 | -0.29 | -0.01 | 33.31 | 31.00 | 8/21/2026 | Yes | 9 | 54 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.76 | 0.84 | 0.22 | 1.00 | 0.22 | 0.22 | 31 | 1 | -0.27 | -0.02 | 61.59 | 59.00 | 8/28/2026 | No | 13 | 74 | None | |
| FRT | Federal Realty Investment Trust. | Options Chain | 0.60 | 3.70 | 1.05 | 5.00 | 0.21 | 0.25 | 0 | 1 | -0.30 | -0.04 | 122.24 | 120.00 | 8/21/2026 | Yes | 12 | 69 | None | |
| ROL | Rollins Inc | Options Chain | 0.85 | 1.05 | 0.52 | 2.50 | 0.21 | 0.37 | 7 | 62 | -0.28 | -0.02 | 44.29 | 42.50 | 8/21/2026 | Yes | 9 | 58 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.45 | 0.60 | 0.20 | 1.00 | 0.20 | 0.45 | 10 | 32 | -0.22 | -0.02 | 27.36 | 25.00 | 8/21/2026 | Yes | 15 | 65 | None | |
| CFG | Citizens Financial Group Inc | Options Chain | 0.85 | 1.20 | 0.48 | 2.50 | 0.19 | 0.27 | 173 | 20 | -0.26 | -0.03 | 71.12 | 70.00 | 8/21/2026 | Yes | 16 | 77 | None | |
| CLX | Clorox Company | Options Chain | 1.75 | 2.00 | 0.95 | 5.00 | 0.19 | 0.40 | 4009 | 52 | -0.22 | -0.04 | 96.95 | 90.00 | 8/21/2026 | Yes | 15 | 56 | None | |
| KO | Coca-Cola Company | Options Chain | 0.98 | 1.20 | 0.19 | 1.00 | 0.19 | 0.23 | 0 | 5 | -0.26 | -0.03 | 82.45 | 81.00 | 8/28/2026 | Yes | 9 | 63 | None | |
| BCS | Barclays plc | Options Chain | 0.50 | 0.55 | 0.18 | 1.00 | 0.18 | 0.39 | 5 | 0 | -0.24 | -0.01 | 28.35 | 26.00 | 8/21/2026 | Yes | 15 | 52 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.51 | 0.72 | 0.18 | 1.00 | 0.18 | 0.30 | 0 | 12 | -0.24 | -0.02 | 42.83 | 41.00 | 8/28/2026 | Yes | 13 | 73 | None | |
| T | AT&T Inc | Options Chain | 0.32 | 0.37 | 0.09 | 0.50 | 0.18 | 0.34 | 1 | 0 | -0.26 | -0.01 | 21.28 | 20.50 | 8/28/2026 | Yes | 13 | 70 | None | |
| ZION | Zions Bancorporation N.A | Options Chain | 0.90 | 1.10 | 0.40 | 2.50 | 0.16 | 0.35 | 1 | 1 | -0.23 | -0.03 | 70.42 | 67.50 | 8/21/2026 | Yes | 15 | 65 | None | |
| QSR | Restaurant Brands International Inc | Options Chain | 0.75 | 1.20 | 0.40 | 2.50 | 0.16 | 0.30 | 1 | 0 | -0.23 | -0.03 | 74.18 | 72.50 | 8/21/2026 | Yes | 8 | 61 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.30 | 0.45 | 0.15 | 1.00 | 0.15 | 0.27 | 0 | 11 | -0.30 | -0.01 | 24.94 | 24.00 | 8/21/2026 | Yes | 13 | 59 | None |