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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| C | Citigroup Inc | Options Chain | 2.44 | 3.20 | 0.41 | 1.00 | 0.41 | 0.33 | 0 | 1 | -0.30 | -0.08 | 132.47 | 126.00 | 10/30/2026 | Yes | 17 | 78 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.07 | 2.77 | 0.40 | 1.00 | 0.40 | 0.62 | 5 | 11 | -0.29 | -0.06 | 61.11 | 57.00 | 10/30/2026 | No | 9 | 54 | None | |
| EQT | EQT Corp | Options Chain | 0.86 | 1.36 | 0.39 | 1.00 | 0.39 | 0.33 | 5 | 0 | -0.30 | -0.03 | 51.07 | 49.00 | 10/30/2026 | Yes | 15 | 69 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.35 | 8.25 | 1.80 | 5.00 | 0.36 | 0.51 | 33 | 35 | -0.30 | -0.16 | 198.23 | 185.00 | 10/30/2026 | No | 12 | 70 | None | |
| ORCL | Oracle Corp | Options Chain | 4.65 | 4.95 | 0.35 | 1.00 | 0.35 | 0.52 | 4 | 14 | -0.29 | -0.11 | 149.19 | 134.00 | 10/30/2026 | No | 12 | 69 | None | |
| GLW | Corning Inc | Options Chain | 5.50 | 5.80 | 1.67 | 5.00 | 0.33 | 0.64 | 107 | 149 | -0.26 | -0.16 | 160.10 | 140.00 | 10/30/2026 | Yes | 11 | 54 | None | |
| HPQ | HP Inc | Options Chain | 0.82 | 1.09 | 0.16 | 0.50 | 0.32 | 0.49 | 1 | 0 | -0.28 | -0.03 | 32.03 | 30.00 | 10/30/2026 | No | 10 | 46 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.72 | 2.40 | 0.31 | 1.00 | 0.31 | 0.48 | 12 | 0 | -0.27 | -0.05 | 74.35 | 67.00 | 10/30/2026 | Yes | 10 | 59 | None | |
| TGT | Target Corp | Options Chain | 2.74 | 3.20 | 0.31 | 1.00 | 0.31 | 0.30 | 3 | 0 | -0.29 | -0.09 | 158.77 | 150.00 | 10/30/2026 | No | 11 | 64 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.02 | 1.17 | 0.31 | 1.00 | 0.31 | 0.45 | 167 | 96 | -0.30 | -0.03 | 36.20 | 34.00 | 10/30/2026 | Yes | 13 | 61 | None | |
| CRM | Salesforce Inc | Options Chain | 5.80 | 6.70 | 1.52 | 5.00 | 0.30 | 0.41 | 35 | 73 | -0.30 | -0.17 | 233.00 | 225.00 | 10/30/2026 | No | 11 | 63 | None | |
| T | AT&T Inc | Options Chain | 0.40 | 0.51 | 0.15 | 0.50 | 0.30 | 0.30 | 26 | 7 | -0.29 | -0.01 | 25.10 | 24.00 | 10/30/2026 | Yes | 14 | 67 | None | |
| VST | Vistra Corp | Options Chain | 3.25 | 3.45 | 1.45 | 5.00 | 0.29 | 0.40 | 46 | 32 | -0.28 | -0.10 | 141.35 | 130.00 | 10/30/2026 | No | 7 | 54 | None | |
| WMT | Walmart Inc | Options Chain | 1.03 | 1.66 | 0.29 | 1.00 | 0.29 | 0.23 | 6 | 45 | -0.27 | -0.04 | 110.05 | 106.00 | 10/30/2026 | No | 9 | 59 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.72 | 2.00 | 0.29 | 1.00 | 0.29 | 0.31 | 3 | 37 | -0.28 | -0.05 | 106.37 | 101.00 | 10/30/2026 | No | 11 | 64 | None | |
| COP | Conoco Phillips | Options Chain | 2.06 | 2.58 | 0.28 | 1.00 | 0.28 | 0.31 | 0 | 2 | -0.28 | -0.07 | 125.60 | 122.00 | 10/30/2026 | No | 12 | 77 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.37 | 1.70 | 0.28 | 1.00 | 0.28 | 0.32 | 21 | 40 | -0.28 | -0.05 | 83.40 | 78.00 | 10/30/2026 | Yes | 15 | 74 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.35 | 10.60 | 1.38 | 5.00 | 0.28 | 0.34 | 74 | 313 | -0.28 | -0.28 | 500.53 | 475.00 | 10/30/2026 | No | 15 | 72 | None | |
| AVGO | Broadcom Inc | Options Chain | 7.10 | 7.45 | 1.35 | 5.00 | 0.27 | 0.36 | 320 | 316 | -0.27 | -0.21 | 364.54 | 335.00 | 10/30/2026 | No | 10 | 65 | None | |
| SLB | SLB | Options Chain | 1.02 | 1.29 | 0.27 | 1.00 | 0.27 | 0.39 | 1 | 0 | -0.27 | -0.03 | 52.26 | 49.00 | 10/30/2026 | Yes | 7 | 57 | None | |
| RTX | RTX Corp | Options Chain | 2.15 | 4.90 | 1.31 | 5.00 | 0.26 | 0.29 | 1 | 6 | -0.30 | -0.10 | 190.99 | 185.00 | 10/30/2026 | Yes | 12 | 65 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.20 | 9.20 | 1.27 | 5.00 | 0.25 | 0.38 | 8 | 71 | -0.28 | -0.24 | 373.30 | 350.00 | 10/30/2026 | Yes | 13 | 65 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.87 | 1.20 | 0.24 | 1.00 | 0.24 | 0.34 | 0 | 2 | -0.26 | -0.03 | 56.40 | 54.00 | 10/30/2026 | No | 10 | 55 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.43 | 0.55 | 0.24 | 1.00 | 0.24 | 0.37 | 4 | 7 | -0.27 | -0.01 | 22.47 | 21.00 | 10/30/2026 | Yes | 15 | 71 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.30 | 9.65 | 1.18 | 5.00 | 0.24 | 0.34 | 24 | 107 | -0.29 | -0.25 | 451.20 | 425.00 | 10/30/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| XOM | Exxon Mobil Corp | Options Chain | 2.23 | 2.85 | 0.58 | 2.50 | 0.23 | 0.30 | 6 | 15 | -0.26 | -0.08 | 158.80 | 152.50 | 10/30/2026 | Yes | 13 | 74 | None | |
| DOW | Dow Inc | Options Chain | 0.52 | 0.93 | 0.23 | 1.00 | 0.23 | 0.42 | 17 | 0 | -0.28 | -0.02 | 28.29 | 27.00 | 10/30/2026 | Yes | 8 | 54 | None | |
| CVS | CVS Health Corp | Options Chain | 1.44 | 1.88 | 0.23 | 1.00 | 0.23 | 0.31 | 7 | 7 | -0.30 | -0.04 | 87.19 | 82.00 | 10/30/2026 | No | 15 | 69 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.20 | 6.25 | 1.15 | 5.00 | 0.23 | 0.46 | 6 | 13 | -0.25 | -0.18 | 231.95 | 215.00 | 10/30/2026 | Yes | 12 | 73 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.65 | 3.35 | 1.15 | 5.00 | 0.23 | 0.22 | 226 | 200 | -0.30 | -0.10 | 250.35 | 230.00 | 10/30/2026 | No | 9 | 59 | None | |
| AXP | American Express Company | Options Chain | 3.95 | 4.90 | 1.13 | 5.00 | 0.23 | 0.30 | 230 | 28 | -0.25 | -0.14 | 305.07 | 285.00 | 10/30/2026 | Yes | 11 | 65 | None | |
| MMM | 3M Company | Options Chain | 2.26 | 3.00 | 1.11 | 5.00 | 0.22 | 0.31 | 12 | 13 | -0.24 | -0.09 | 169.12 | 160.00 | 10/30/2026 | Yes | 8 | 65 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.72 | 1.00 | 0.22 | 1.00 | 0.22 | 0.36 | 1 | 3 | -0.24 | -0.03 | 46.96 | 45.00 | 10/30/2026 | No | 10 | 57 | None | |
| F | Ford Motor Company | Options Chain | 0.20 | 0.23 | 0.11 | 0.50 | 0.22 | 0.37 | 167 | 11 | -0.23 | -0.01 | 13.10 | 12.00 | 10/30/2026 | Yes | 9 | 51 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.09 | 0.40 | 0.11 | 0.50 | 0.22 | 0.24 | 28 | 10 | -0.23 | -0.01 | 24.04 | 22.50 | 10/30/2026 | No | 7 | 57 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.20 | 4.90 | 1.05 | 5.00 | 0.21 | 0.27 | 26 | 27 | -0.25 | -0.12 | 340.60 | 320.00 | 10/30/2026 | Yes | 11 | 80 | None | |
| NVO | Novo Nordisk | Options Chain | 0.54 | 0.57 | 0.21 | 1.00 | 0.21 | 0.31 | 55 | 108 | -0.24 | -0.02 | 39.42 | 36.00 | 10/30/2026 | No | 11 | 50 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.40 | 0.58 | 0.21 | 1.00 | 0.21 | 0.29 | 2 | 0 | -0.25 | -0.01 | 31.29 | 30.00 | 10/30/2026 | Yes | 11 | 67 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.71 | 0.80 | 0.20 | 1.00 | 0.20 | 0.28 | 241 | 8 | -0.24 | -0.03 | 56.20 | 53.00 | 10/30/2026 | Yes | 10 | 65 | None | |
| NEE | NextEra Energy Inc | Options Chain | 0.82 | 1.12 | 0.20 | 1.00 | 0.20 | 0.24 | 12 | 2 | -0.25 | -0.04 | 79.32 | 74.00 | 10/30/2026 | Yes | 7 | 63 | None | |
| KO | Coca-Cola Company | Options Chain | 0.98 | 1.07 | 0.20 | 1.00 | 0.20 | 0.21 | 21 | 16 | -0.27 | -0.03 | 88.63 | 85.00 | 10/30/2026 | Yes | 12 | 67 | None | |
| CVX | Chevron Corp | Options Chain | 2.65 | 3.25 | 0.98 | 5.00 | 0.20 | 0.28 | 4 | 11 | -0.25 | -0.10 | 202.64 | 195.00 | 10/30/2026 | Yes | 13 | 77 | None | |
| HD | Home Depot Inc | Options Chain | 3.20 | 4.70 | 0.97 | 5.00 | 0.19 | 0.25 | 17 | 25 | -0.27 | -0.14 | 305.39 | 285.00 | 10/30/2026 | No | 8 | 61 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.01 | 0.64 | 0.19 | 1.00 | 0.19 | 0.27 | 0 | 4 | -0.26 | -0.01 | 38.14 | 36.00 | 10/30/2026 | Yes | 9 | 59 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.60 | 0.95 | 0.18 | 1.00 | 0.18 | 0.28 | 1 | 0 | -0.24 | -0.02 | 59.85 | 55.00 | 10/30/2026 | Yes | 12 | 65 | None | |
| LUV | Southwest Airlines Company | Options Chain | 0.79 | 1.16 | 0.18 | 1.00 | 0.18 | 0.46 | 0 | 20 | -0.25 | -0.03 | 42.07 | 38.00 | 10/30/2026 | Yes | 10 | 54 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.30 | 0.80 | 0.16 | 1.00 | 0.16 | 0.24 | 61 | 9 | -0.24 | -0.01 | 46.60 | 44.00 | 10/30/2026 | No | 9 | 73 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.96 | 2.60 | 0.16 | 1.00 | 0.16 | 0.43 | 10 | 0 | -0.30 | -0.06 | 83.90 | 77.00 | 10/30/2026 | Yes | 13 | 67 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 2.90 | 3.40 | 0.77 | 5.00 | 0.15 | 0.37 | 6 | 0 | -0.26 | -0.10 | 162.79 | 155.00 | 10/30/2026 | Yes | 7 | 67 | None |