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 | 1.40 | 1.85 | 0.45 | 1.00 | 0.45 | 0.54 | 1 | 67 | -0.29 | -0.03 | 41.54 | 36.00 | 5/15/2026 | Yes | 8 | 51 | None | |
| NEM | Newmont Corp | Options Chain | 4.30 | 4.70 | 0.92 | 2.50 | 0.37 | 0.57 | 142 | 90 | -0.29 | -0.08 | 95.77 | 90.00 | 5/15/2026 | Yes | 12 | 64 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 6.10 | 6.60 | 1.75 | 5.00 | 0.35 | 0.60 | 15 | 47 | -0.29 | -0.11 | 126.74 | 120.00 | 5/15/2026 | Yes | 9 | 58 | None | |
| RF | Regions Financial Corp | Options Chain | 0.65 | 1.10 | 0.33 | 1.00 | 0.33 | 0.42 | 8 | 0 | -0.30 | -0.02 | 25.46 | 24.00 | 5/15/2026 | Yes | 14 | 60 | None | |
| HAL | Halliburton Company | Options Chain | 1.27 | 1.50 | 0.33 | 1.00 | 0.33 | 0.46 | 2 | 0 | -0.30 | -0.02 | 36.69 | 35.00 | 5/15/2026 | Yes | 8 | 48 | None | |
| LIN | Linde Plc. | Options Chain | 7.70 | 10.10 | 1.65 | 5.00 | 0.33 | 0.27 | 8 | 0 | -0.28 | -0.20 | 478.05 | 455.00 | 5/15/2026 | Yes | 8 | 63 | None | |
| HD | Home Depot Inc | Options Chain | 7.15 | 8.85 | 1.60 | 5.00 | 0.32 | 0.31 | 9 | 5 | -0.29 | -0.15 | 323.85 | 315.00 | 5/15/2026 | No | 6 | 62 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.68 | 3.05 | 0.79 | 2.50 | 0.32 | 0.54 | 182 | 48 | -0.30 | -0.05 | 63.44 | 60.00 | 5/15/2026 | Yes | 15 | 66 | None | |
| KKR | KKR & Co. Inc | Options Chain | 3.60 | 4.00 | 0.77 | 2.50 | 0.31 | 0.57 | 0 | 226 | -0.27 | -0.07 | 90.84 | 82.50 | 5/15/2026 | Yes | 9 | 66 | None | |
| VST | Vistra Corp | Options Chain | 6.20 | 6.65 | 1.53 | 5.00 | 0.31 | 0.61 | 10 | 21 | -0.26 | -0.12 | 151.29 | 135.00 | 5/15/2026 | Yes | 5 | 54 | None | |
| GLW | Corning Inc | Options Chain | 5.70 | 6.20 | 1.50 | 5.00 | 0.30 | 0.68 | 11 | 46 | -0.26 | -0.12 | 124.58 | 115.00 | 5/15/2026 | Yes | 10 | 57 | None | |
| AVGO | Broadcom Inc | Options Chain | 9.30 | 9.90 | 1.50 | 5.00 | 0.30 | 0.47 | 36 | 33 | -0.28 | -0.23 | 310.51 | 300.00 | 5/1/2026 | No | 9 | 65 | None | |
| CF | CF Industries Holdings Inc | Options Chain | 5.00 | 5.40 | 1.50 | 5.00 | 0.30 | 0.55 | 4 | 17 | -0.30 | -0.09 | 125.56 | 110.00 | 5/15/2026 | Yes | 14 | 71 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 2.50 | 3.30 | 0.75 | 2.50 | 0.30 | 0.55 | 4 | 1 | -0.28 | -0.05 | 71.47 | 65.00 | 5/15/2026 | Yes | 7 | 55 | None | |
| AMKR | AMKOR Technology Inc | Options Chain | 2.60 | 3.40 | 0.30 | 1.00 | 0.30 | 0.79 | 1 | 0 | -0.30 | -0.05 | 45.81 | 41.00 | 5/15/2026 | Yes | 16 | 51 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 6.00 | 6.75 | 1.45 | 5.00 | 0.29 | 0.52 | 18 | 37 | -0.28 | -0.10 | 157.67 | 150.00 | 5/15/2026 | No | 15 | 61 | None | |
| APA | APA Corporation | Options Chain | 1.51 | 1.66 | 0.71 | 2.50 | 0.28 | 0.58 | 76 | 2 | -0.28 | -0.03 | 39.22 | 35.00 | 5/15/2026 | Yes | 9 | 53 | None | |
| RRC | Range Resources Corp | Options Chain | 1.10 | 1.55 | 0.28 | 1.00 | 0.28 | 0.44 | 0 | 2 | -0.27 | -0.03 | 45.33 | 41.00 | 5/15/2026 | Yes | 15 | 62 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 9.10 | 9.60 | 2.77 | 10.00 | 0.28 | 0.46 | 104 | 100 | -0.29 | -0.17 | 269.54 | 250.00 | 5/15/2026 | Yes | 8 | 58 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.20 | 4.45 | 1.33 | 5.00 | 0.27 | 0.43 | 24 | 24 | -0.30 | -0.08 | 130.47 | 120.00 | 5/15/2026 | Yes | 11 | 72 | None | |
| ORCL | Oracle Corp | Options Chain | 5.85 | 6.15 | 1.30 | 5.00 | 0.26 | 0.53 | 192 | 151 | -0.28 | -0.10 | 154.34 | 140.00 | 5/15/2026 | No | 9 | 66 | None | |
| DOW | Dow Inc | Options Chain | 1.24 | 1.42 | 0.65 | 2.50 | 0.26 | 0.55 | 2 | 24 | -0.26 | -0.03 | 36.65 | 32.50 | 5/15/2026 | Yes | 5 | 49 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.15 | 2.70 | 0.65 | 2.50 | 0.26 | 0.40 | 11 | 19 | -0.28 | -0.05 | 83.28 | 80.00 | 5/15/2026 | Yes | 8 | 65 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.41 | 0.67 | 0.26 | 1.00 | 0.26 | 0.21 | 4 | 9 | -0.22 | 0.00 | 37.80 | 36.00 | 5/15/2026 | Yes | 10 | 67 | None | |
| GE | General Electric Company | Options Chain | 8.70 | 9.20 | 2.55 | 10.00 | 0.26 | 0.43 | 33 | 3 | -0.28 | -0.17 | 289.60 | 270.00 | 5/15/2026 | Yes | 11 | 64 | None | |
| EQT | EQT Corp | Options Chain | 1.87 | 2.03 | 0.63 | 2.50 | 0.25 | 0.44 | 10 | 0 | -0.27 | -0.04 | 65.75 | 60.00 | 5/15/2026 | Yes | 10 | 63 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.80 | 2.45 | 0.63 | 2.50 | 0.25 | 0.45 | 0 | 5 | -0.30 | -0.04 | 62.07 | 57.50 | 5/15/2026 | Yes | 16 | 71 | None | |
| JCI | Johnson Controls International plc | Options Chain | 3.30 | 4.50 | 1.25 | 5.00 | 0.25 | 0.39 | 1 | 16 | -0.29 | -0.08 | 133.27 | 125.00 | 5/15/2026 | Yes | 11 | 62 | None | |
| ALLY | Ally Financial Inc | Options Chain | 1.15 | 1.35 | 0.25 | 1.00 | 0.25 | 0.45 | 6 | 7 | -0.28 | -0.02 | 38.43 | 36.00 | 5/15/2026 | Yes | 13 | 76 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.75 | 0.95 | 0.25 | 1.00 | 0.25 | 0.45 | 0 | 2 | -0.30 | -0.02 | 25.06 | 23.00 | 5/15/2026 | Yes | 14 | 64 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 2.54 | 2.65 | 0.62 | 2.50 | 0.25 | 0.35 | 8 | 135 | -0.30 | -0.05 | 95.30 | 90.00 | 5/15/2026 | Yes | 13 | 71 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.30 | 9.50 | 1.22 | 5.00 | 0.24 | 0.35 | 195 | 312 | -0.28 | -0.19 | 381.87 | 360.00 | 5/15/2026 | Yes | 11 | 65 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 5.70 | 6.70 | 1.20 | 5.00 | 0.24 | 0.41 | 7 | 0 | -0.30 | -0.11 | 191.40 | 180.00 | 5/15/2026 | Yes | 9 | 69 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.79 | 0.89 | 0.24 | 1.00 | 0.24 | 0.38 | 8 | 2 | -0.29 | -0.01 | 29.02 | 27.00 | 5/15/2026 | Yes | 10 | 60 | None | |
| GM | General Motors Company | Options Chain | 2.22 | 2.35 | 0.59 | 2.50 | 0.24 | 0.43 | 5 | 18 | -0.27 | -0.05 | 73.44 | 70.00 | 5/15/2026 | Yes | 10 | 61 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.31 | 1.57 | 0.59 | 2.50 | 0.24 | 0.41 | 149 | 11 | -0.28 | -0.03 | 48.97 | 45.00 | 5/15/2026 | Yes | 7 | 55 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.15 | 10.75 | 2.32 | 10.00 | 0.23 | 0.46 | 76 | 234 | -0.26 | -0.21 | 338.45 | 310.00 | 5/15/2026 | Yes | 20 | 62 |
Dividend Stock List |
|
| WFC | Wells Fargo & Company | Options Chain | 2.24 | 2.40 | 0.58 | 2.50 | 0.23 | 0.42 | 53 | 333 | -0.28 | -0.04 | 78.08 | 72.50 | 5/15/2026 | Yes | 11 | 76 | None | |
| PCG | PG&E Corp | Options Chain | 0.31 | 0.58 | 0.23 | 1.00 | 0.23 | 0.39 | 6 | 2 | -0.26 | -0.01 | 17.39 | 16.00 | 5/15/2026 | Yes | 10 | 59 | None | |
| AU | AngloGold Ashanti Plc. | Options Chain | 3.70 | 4.80 | 1.15 | 5.00 | 0.23 | 0.73 | 19 | 23 | -0.26 | -0.08 | 81.00 | 75.00 | 5/15/2026 | Yes | 16 | 60 |
Dividend Stock List |
|
| APO | Apollo Global Management Inc | Options Chain | 4.10 | 4.50 | 1.15 | 5.00 | 0.23 | 0.55 | 1503 | 41 | -0.27 | -0.08 | 112.50 | 100.00 | 5/15/2026 | Yes | 13 | 64 | None | |
| V | Visa Inc - Class A | Options Chain | 6.40 | 7.45 | 1.15 | 5.00 | 0.23 | 0.30 | 36 | 7 | -0.29 | -0.14 | 304.44 | 290.00 | 5/15/2026 | Yes | 12 | 71 | None | |
| EBAY | EBay Inc | Options Chain | 2.40 | 2.99 | 0.57 | 2.50 | 0.23 | 0.44 | 0 | 4 | -0.27 | -0.05 | 89.12 | 82.50 | 5/15/2026 | Yes | 7 | 57 | None | |
| EVR | Evercore Inc - Class A | Options Chain | 8.40 | 9.90 | 2.25 | 10.00 | 0.23 | 0.44 | 16 | 0 | -0.29 | -0.18 | 274.87 | 260.00 | 5/15/2026 | Yes | 21 | 67 |
Dividend Stock List |
|
| WMT | Walmart Inc | Options Chain | 2.58 | 2.77 | 1.12 | 5.00 | 0.22 | 0.29 | 1092 | 706 | -0.30 | -0.05 | 120.72 | 115.00 | 5/15/2026 | No | 8 | 56 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.00 | 1.31 | 0.56 | 2.50 | 0.22 | 0.34 | 15 | 35 | -0.24 | -0.02 | 57.65 | 52.50 | 5/15/2026 | Yes | 11 | 52 | None | |
| KO | Coca-Cola Company | Options Chain | 1.37 | 1.47 | 0.56 | 2.50 | 0.22 | 0.24 | 64 | 53 | -0.30 | -0.03 | 75.11 | 72.50 | 5/15/2026 | Yes | 8 | 62 | None | |
| SLB | SLB | Options Chain | 1.32 | 1.40 | 0.55 | 2.50 | 0.22 | 0.43 | 566 | 35 | -0.26 | -0.03 | 47.00 | 45.00 | 5/15/2026 | Yes | 8 | 58 | None | |
| HPQ | HP Inc | Options Chain | 0.57 | 0.61 | 0.22 | 1.00 | 0.22 | 0.46 | 328 | 66 | -0.27 | -0.01 | 18.40 | 17.00 | 5/15/2026 | No | 10 | 42 | None | |
| BCS | Barclays plc | Options Chain | 0.75 | 0.85 | 0.22 | 1.00 | 0.22 | 0.51 | 6 | 45 | -0.28 | -0.01 | 20.47 | 19.00 | 5/15/2026 | Yes | 18 | 56 | None | |
| MS | Morgan Stanley | Options Chain | 4.55 | 4.80 | 1.08 | 5.00 | 0.22 | 0.44 | 17 | 26 | -0.26 | -0.08 | 163.90 | 150.00 | 5/15/2026 | Yes | 13 | 75 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.25 | 3.90 | 1.07 | 5.00 | 0.21 | 0.34 | 315 | 78 | -0.27 | -0.07 | 159.89 | 150.00 | 5/15/2026 | Yes | 11 | 73 | None | |
| CARR | Carrier Global Corp | Options Chain | 1.45 | 1.90 | 0.53 | 2.50 | 0.21 | 0.48 | 1 | 0 | -0.24 | -0.03 | 58.07 | 52.50 | 5/15/2026 | Yes | 9 | 61 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.50 | 7.15 | 1.05 | 5.00 | 0.21 | 0.35 | 39 | 109 | -0.27 | -0.13 | 289.91 | 270.00 | 5/15/2026 | Yes | 9 | 79 | None | |
| T | AT&T Inc | Options Chain | 0.58 | 0.65 | 0.21 | 1.00 | 0.21 | 0.30 | 31 | 147 | -0.30 | -0.01 | 28.76 | 27.00 | 5/15/2026 | Yes | 9 | 57 | None | |
| GIS | General Mills Inc | Options Chain | 0.80 | 0.90 | 0.52 | 2.50 | 0.21 | 0.30 | 331 | 22 | -0.28 | -0.01 | 37.24 | 35.00 | 5/15/2026 | No | 10 | 62 | None | |
| PG | Procter & Gamble Company | Options Chain | 2.48 | 2.89 | 1.01 | 5.00 | 0.20 | 0.29 | 513 | 27 | -0.27 | -0.05 | 143.99 | 135.00 | 5/15/2026 | Yes | 8 | 65 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.78 | 0.97 | 0.20 | 1.00 | 0.20 | 0.28 | 201 | 202 | -0.25 | -0.01 | 50.58 | 47.00 | 5/15/2026 | Yes | 10 | 74 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.37 | 2.46 | 0.20 | 1.00 | 0.20 | 0.57 | 81 | 3 | -0.29 | -0.04 | 52.35 | 50.00 | 5/15/2026 | Yes | 11 | 55 | None | |
| INFY | Infosys Ltd | Options Chain | 0.45 | 0.65 | 0.20 | 1.00 | 0.20 | 0.55 | 1 | 0 | -0.30 | -0.01 | 13.24 | 12.00 | 5/15/2026 | Yes | 14 | 51 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.67 | 1.81 | 0.49 | 2.50 | 0.20 | 0.37 | 44 | 37 | -0.25 | -0.03 | 77.65 | 72.50 | 5/15/2026 | Yes | 10 | 65 | None | |
| C | Citigroup Inc | Options Chain | 2.64 | 2.77 | 0.48 | 2.50 | 0.19 | 0.45 | 105 | 32 | -0.23 | -0.05 | 109.52 | 100.00 | 5/15/2026 | Yes | 15 | 75 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.43 | 1.52 | 0.48 | 2.50 | 0.19 | 0.41 | 119 | 77 | -0.23 | -0.03 | 60.31 | 55.00 | 5/15/2026 | Yes | 8 | 52 | None | |
| EIX | Edison International | Options Chain | 1.15 | 1.55 | 0.45 | 2.50 | 0.18 | 0.32 | 2 | 0 | -0.24 | -0.02 | 71.00 | 65.00 | 5/15/2026 | Yes | 15 | 77 | None | |
| EXC | Exelon Corp | Options Chain | 0.55 | 0.90 | 0.18 | 1.00 | 0.18 | 0.28 | 1 | 0 | -0.25 | -0.01 | 46.52 | 44.00 | 5/15/2026 | Yes | 10 | 69 | None | |
| CLX | Clorox Company | Options Chain | 1.55 | 2.30 | 0.88 | 5.00 | 0.18 | 0.38 | 16 | 28 | -0.21 | -0.04 | 106.15 | 95.00 | 5/15/2026 | Yes | 13 | 57 | None | |
| PRU | Prudential Financial Inc | Options Chain | 1.85 | 2.20 | 0.43 | 2.50 | 0.17 | 0.35 | 0 | 7 | -0.26 | -0.05 | 93.98 | 87.50 | 5/15/2026 | Yes | 14 | 60 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.32 | 1.37 | 0.85 | 5.00 | 0.17 | 0.36 | 722 | 80 | -0.30 | -0.03 | 47.44 | 45.00 | 5/15/2026 | Yes | 12 | 73 | None | |
| MRK | Merck & Co Inc | Options Chain | 1.92 | 2.02 | 0.84 | 5.00 | 0.17 | 0.36 | 35 | 1013 | -0.22 | -0.06 | 115.68 | 105.00 | 5/15/2026 | Yes | 12 | 75 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.55 | 1.75 | 0.42 | 2.50 | 0.17 | 0.40 | 3 | 13 | -0.25 | -0.04 | 65.74 | 62.50 | 5/15/2026 | No | 13 | 24 | None | |
| UL | Unilever plc | Options Chain | 1.00 | 1.10 | 0.42 | 2.50 | 0.17 | 0.28 | 30 | 69 | -0.26 | -0.02 | 61.07 | 57.50 | 5/15/2026 | No | 11 | 65 | None | |
| USB | U.S. Bancorp. | Options Chain | 1.01 | 1.28 | 0.41 | 2.50 | 0.16 | 0.35 | 20 | 76 | -0.27 | -0.02 | 51.52 | 47.50 | 5/15/2026 | Yes | 15 | 75 | None | |
| FAST | Fastenal Company | Options Chain | 0.60 | 1.00 | 0.40 | 2.50 | 0.16 | 0.37 | 3 | 0 | -0.21 | -0.02 | 44.19 | 40.00 | 5/15/2026 | Yes | 14 | 51 | None | |
| CFG | Citizens Financial Group Inc | Options Chain | 1.10 | 1.35 | 0.40 | 2.50 | 0.16 | 0.40 | 18 | 0 | -0.23 | -0.03 | 57.02 | 52.50 | 5/15/2026 | Yes | 16 | 76 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.45 | 0.51 | 0.16 | 1.00 | 0.16 | 0.29 | 0 | 1 | -0.22 | -0.01 | 33.71 | 31.00 | 5/15/2026 | Yes | 9 | 60 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.05 | 1.55 | 0.75 | 5.00 | 0.15 | 0.46 | 4 | 1 | -0.20 | -0.03 | 60.65 | 55.00 | 5/15/2026 | Yes | 11 | 65 | None | |
| KEY | Keycorp | Options Chain | 0.40 | 0.52 | 0.15 | 1.00 | 0.15 | 0.40 | 1 | 90 | -0.24 | -0.01 | 19.48 | 18.00 | 5/15/2026 | Yes | 15 | 67 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.30 | 0.45 | 0.15 | 1.00 | 0.15 | 0.41 | 2 | 61 | -0.25 | -0.01 | 15.25 | 14.00 | 5/15/2026 | Yes | 7 | 57 | None | |
| SAN | Banco Santander S.A. | Options Chain | 0.25 | 0.40 | 0.15 | 1.00 | 0.15 | 0.51 | 0 | 100 | -0.27 | -0.01 | 10.62 | 10.00 | 5/15/2026 | Yes | 12 | 52 | None |