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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FRO | Frontline Plc | Options Chain | 1.80 | 2.40 | 0.75 | 1.00 | 0.75 | 0.43 | 235 | 3 | -0.25 | -0.01 | 47.45 | 45.00 | 10/16/2026 | No | 11 | 65 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.01 | 1.93 | 0.63 | 1.00 | 0.63 | 0.51 | 11 | 0 | -0.29 | -0.03 | 37.34 | 34.00 | 10/30/2026 | Yes | 13 | 59 | None | |
| ORCL | Oracle Corp | Options Chain | 7.00 | 8.60 | 0.60 | 1.00 | 0.60 | 0.69 | 100 | 88 | -0.30 | -0.15 | 161.89 | 140.00 | 10/23/2026 | Yes | 11 | 67 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.70 | 13.30 | 1.87 | 5.00 | 0.37 | 0.37 | 0 | 20 | -0.30 | -0.22 | 435.36 | 405.00 | 10/30/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| AMGN | AMGEN Inc | Options Chain | 6.10 | 9.45 | 1.63 | 5.00 | 0.33 | 0.29 | 0 | 4 | -0.28 | -0.17 | 393.17 | 365.00 | 10/30/2026 | No | 14 | 72 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 11.60 | 12.50 | 3.25 | 10.00 | 0.33 | 0.49 | 34 | 46 | -0.28 | -0.31 | 400.07 | 370.00 | 10/16/2026 | No | 14 | 70 | None | |
| AXP | American Express Company | Options Chain | 4.80 | 8.50 | 1.52 | 5.00 | 0.30 | 0.29 | 0 | 1 | -0.29 | -0.13 | 322.60 | 305.00 | 10/30/2026 | Yes | 12 | 73 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.55 | 4.60 | 1.40 | 5.00 | 0.28 | 0.22 | 1 | 0 | -0.29 | -0.10 | 253.61 | 245.00 | 10/30/2026 | No | 9 | 59 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.00 | 8.60 | 1.35 | 5.00 | 0.27 | 0.27 | 266 | 2590 | -0.30 | -0.23 | 492.18 | 475.00 | 10/16/2026 | No | 14 | 72 | None | |
| AVGO | Broadcom Inc | Options Chain | 7.40 | 7.80 | 2.60 | 10.00 | 0.26 | 0.37 | 436 | 1734 | -0.28 | -0.21 | 364.38 | 340.00 | 10/16/2026 | No | 10 | 65 | None | |
| CRM | Salesforce Inc | Options Chain | 5.85 | 7.20 | 1.30 | 5.00 | 0.26 | 0.41 | 9 | 3 | -0.26 | -0.13 | 244.55 | 225.00 | 10/30/2026 | No | 15 | 70 | None | |
| F | Ford Motor Company | Options Chain | 0.28 | 0.44 | 0.13 | 0.50 | 0.26 | 0.38 | 2 | 0 | -0.28 | -0.01 | 13.51 | 13.00 | 10/30/2026 | Yes | 9 | 48 | None | |
| LOW | Lowe`s Cos. Inc | Options Chain | 3.20 | 4.10 | 1.27 | 5.00 | 0.25 | 0.29 | 2 | 6 | -0.27 | -0.08 | 198.97 | 185.00 | 10/30/2026 | No | 7 | 55 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.55 | 7.05 | 1.27 | 5.00 | 0.25 | 0.45 | 5 | 4 | -0.29 | -0.14 | 176.40 | 165.00 | 10/30/2026 | No | 12 | 71 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 1.85 | 2.00 | 0.63 | 2.50 | 0.25 | 0.43 | 89 | 2334 | -0.27 | -0.05 | 81.34 | 75.00 | 10/16/2026 | No | 9 | 55 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.65 | 1.90 | 0.63 | 2.50 | 0.25 | 0.36 | 25 | 38 | -0.28 | -0.05 | 93.56 | 82.50 | 10/16/2026 | No | 8 | 57 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.65 | 0.75 | 0.25 | 1.00 | 0.25 | 0.40 | 802 | 500 | -0.26 | -0.02 | 33.83 | 31.00 | 10/16/2026 | No | 10 | 59 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.50 | 1.70 | 1.17 | 5.00 | 0.23 | 0.34 | 162 | 31 | -0.30 | -0.05 | 73.31 | 70.00 | 10/16/2026 | No | 14 | 65 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 3.95 | 8.10 | 1.14 | 5.00 | 0.23 | 0.26 | 1 | 1 | -0.27 | -0.11 | 354.71 | 335.00 | 10/30/2026 | Yes | 12 | 80 | None | |
| SYF | Synchrony Financial | Options Chain | 1.40 | 1.80 | 0.57 | 2.50 | 0.23 | 0.34 | 1 | 6 | -0.28 | -0.05 | 77.35 | 72.50 | 10/16/2026 | No | 14 | 75 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.55 | 1.80 | 0.55 | 2.50 | 0.22 | 0.34 | 23 | 48 | -0.27 | -0.05 | 86.22 | 82.50 | 10/16/2026 | No | 16 | 57 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.50 | 0.80 | 0.22 | 1.00 | 0.22 | 0.40 | 1 | 0 | -0.24 | -0.02 | 32.49 | 30.00 | 10/16/2026 | No | 7 | 58 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.55 | 0.85 | 0.22 | 1.00 | 0.22 | 0.30 | 0 | 10 | -0.27 | -0.02 | 41.83 | 40.00 | 10/16/2026 | Yes | 15 | 77 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.35 | 0.50 | 0.20 | 1.00 | 0.20 | 0.37 | 2 | 0 | -0.25 | -0.01 | 23.62 | 22.00 | 10/16/2026 | No | 11 | 68 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 3.20 | 5.00 | 0.90 | 5.00 | 0.18 | 0.36 | 6 | 1 | -0.30 | -0.14 | 204.00 | 195.00 | 10/16/2026 | No | 9 | 67 | None | |
| SYK | Stryker Corp | Options Chain | 2.95 | 3.90 | 1.68 | 10.00 | 0.17 | 0.33 | 16 | 5 | -0.22 | -0.12 | 275.39 | 250.00 | 10/16/2026 | No | 14 | 69 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.20 | 1.30 | 0.82 | 5.00 | 0.16 | 0.37 | 40 | 49 | -0.27 | -0.04 | 66.31 | 60.00 | 10/16/2026 | No | 13 | 72 | None | |
| QSR | Restaurant Brands International Inc | Options Chain | 0.60 | 1.00 | 0.40 | 2.50 | 0.16 | 0.23 | 30 | 15 | -0.23 | -0.02 | 77.01 | 72.50 | 10/16/2026 | No | 8 | 62 | None | |
| EIX | Edison International | Options Chain | 0.85 | 1.75 | 0.40 | 2.50 | 0.16 | 0.45 | 2129 | 455 | -0.28 | -0.03 | 57.61 | 52.50 | 10/16/2026 | No | 15 | 72 | None | |
| GFI | Gold Fields Ltd | Options Chain | 0.80 | 1.15 | 0.78 | 5.00 | 0.16 | 0.53 | 10 | 406 | -0.17 | -0.02 | 47.17 | 40.00 | 10/16/2026 | No | 13 | 57 | None | |
| CVX | Chevron Corp | Options Chain | 2.88 | 3.60 | 0.78 | 5.00 | 0.16 | 0.28 | 511 | 5 | -0.25 | -0.10 | 214.45 | 200.00 | 10/30/2026 | Yes | 13 | 77 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.15 | 0.30 | 0.15 | 1.00 | 0.15 | 0.40 | 1 | 0 | -0.18 | 0.00 | 10.23 | 9.00 | 10/16/2026 | Yes | 19 | 62 | None |