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.

Download as spreadsheet Download

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
GLW Corning Inc Options Chain 11.70 12.35 2.13 5.00 0.43 0.77 115 108 -0.30 -0.21 176.70 180.00 7/17/2026 No 8 52 None
HPE Hewlett Packard Enterprise Company Options Chain 2.81 3.10 0.39 1.00 0.39 0.70 292 126 -0.30 -0.05 47.00 50.00 7/17/2026 No 6 51 None
QCOM Qualcomm Inc Options Chain 12.95 13.70 3.55 10.00 0.35 0.81 109 182 -0.26 -0.24 228.99 210.00 7/17/2026 No 14 68 None
ORCL Oracle Corp Options Chain 12.45 13.00 3.50 10.00 0.35 0.72 867 681 -0.29 -0.24 248.15 220.00 7/17/2026 No 7 61 None
INFY Infosys Ltd Options Chain 0.45 0.65 0.35 1.00 0.35 0.50 4038 1 -0.29 0.00 13.41 12.00 7/17/2026 No 16 51 None
HPQ HP Inc Options Chain 1.03 1.08 0.33 1.00 0.33 0.54 1272 2176 -0.29 -0.02 29.34 25.00 7/17/2026 No 10 50 None
DELL Dell Technologies Inc - Class C Options Chain 21.05 22.10 3.30 10.00 0.33 0.72 34 54 -0.28 -0.43 465.96 390.00 7/17/2026 No 14 54 None
TSM Taiwan Semiconductor Manufacturing Options Chain 14.75 15.50 3.23 10.00 0.32 0.50 88 448 -0.29 -0.30 435.63 410.00 7/17/2026 No 20 62
Dividend Stock List
CRM Salesforce Inc Options Chain 6.25 6.55 1.57 5.00 0.31 0.46 228 381 -0.30 -0.13 209.60 185.00 7/17/2026 No 15 70 None
IBM International Business Machines Corp Options Chain 10.45 11.30 1.53 5.00 0.31 0.52 464 34 -0.28 -0.24 320.42 300.00 7/17/2026 No 10 63 None
AA Alcoa Corp Options Chain 3.60 3.90 1.50 5.00 0.30 0.67 46 56 -0.28 -0.08 77.76 75.00 7/17/2026 No 10 53 None
EPD Enterprise Products Partners L P Options Chain 0.35 0.73 0.30 1.00 0.30 0.24 1 310 -0.25 -0.01 37.21 36.00 7/17/2026 No 9 58 None
PAAS Pan American Silver Corp Options Chain 1.90 2.10 0.30 1.00 0.30 0.57 36 0 -0.26 -0.04 55.50 50.00 7/17/2026 No 14 55 None
VST Vistra Corp Options Chain 5.55 5.85 1.47 5.00 0.29 0.53 990 62 -0.27 -0.12 154.76 145.00 7/17/2026 No 10 62 None
CVE Cenovus Energy Inc Options Chain 0.75 0.90 0.28 1.00 0.28 0.42 0 4 -0.29 -0.02 28.24 27.00 7/17/2026 No 14 66 None
CSCO Cisco Systems Inc Options Chain 3.70 3.80 1.40 5.00 0.28 0.41 704 261 -0.30 -0.07 121.33 120.00 7/17/2026 No 9 62 None
BWA BorgWarner Inc Options Chain 2.20 2.55 0.68 2.50 0.27 0.52 46 3 -0.26 -0.06 71.06 67.50 7/17/2026 No 11 59 None
APH Amphenol Corp - Class A Options Chain 4.80 5.40 1.35 5.00 0.27 0.54 19 27 -0.28 -0.10 146.34 135.00 7/17/2026 No 11 60 None
HAL Halliburton Company Options Chain 0.92 1.01 0.27 1.00 0.27 0.40 6 1 -0.26 -0.02 39.35 37.00 7/17/2026 No 9 54 None
CLX Clorox Company Options Chain 2.25 2.40 1.33 5.00 0.27 0.35 21 7 -0.30 -0.05 89.09 85.00 7/17/2026 No 9 47 None
V Visa Inc - Class A Options Chain 5.05 5.35 1.32 5.00 0.26 0.24 246 202 -0.29 -0.13 322.77 305.00 7/17/2026 No 11 71 None
DG Dollar General Corp Options Chain 2.79 3.10 1.29 5.00 0.26 0.40 79 92 -0.27 -0.06 109.93 100.00 7/17/2026 No 16 62 None
FCX Freeport-McMoRan Inc Options Chain 2.55 2.65 1.28 5.00 0.26 0.56 823 887 -0.28 -0.05 67.04 65.00 7/17/2026 No 14 63 None
JPM JPMorgan Chase & Company Options Chain 5.45 5.80 1.25 5.00 0.25 0.30 35 50 -0.28 -0.12 296.58 285.00 7/17/2026 No 10 70 None
WFC Wells Fargo & Company Options Chain 1.83 1.89 0.62 2.50 0.25 0.35 173 51 -0.29 -0.04 77.17 75.00 7/17/2026 No 13 74 None
RIO Rio Tinto plc Options Chain 2.70 2.95 1.23 5.00 0.25 0.38 31 28 -0.29 -0.06 108.96 105.00 7/17/2026 No 10 72 None
APA APA Corporation Options Chain 1.10 1.21 0.59 2.50 0.24 0.49 5 3 -0.26 -0.03 37.75 35.00 7/17/2026 No 10 53 None
KMI Kinder Morgan Inc - Class P Options Chain 0.45 0.51 0.23 1.00 0.23 0.25 28 0 -0.28 -0.01 30.85 30.00 7/17/2026 No 10 60 None
SCHW Charles Schwab Corp Options Chain 1.65 1.76 0.56 2.50 0.22 0.32 20 35 -0.28 -0.04 88.74 82.50 7/17/2026 No 16 69 None
BHP BHP Group Ltd Options Chain 1.75 2.05 0.55 2.50 0.22 0.40 25 1 -0.25 -0.05 91.22 85.00 7/17/2026 No 11 25 None
ALLY Ally Financial Inc Options Chain 0.90 1.10 0.22 1.00 0.22 0.41 1 0 -0.25 -0.03 42.05 39.00 7/17/2026 No 16 77 None
F Ford Motor Company Options Chain 0.41 0.44 0.22 1.00 0.22 0.45 494 391 -0.26 -0.01 16.63 15.00 7/17/2026 No 9 47 None
DVN Devon Energy Corp Options Chain 1.05 1.08 0.54 2.50 0.22 0.42 1964 43 -0.25 -0.02 46.31 42.50 7/17/2026 No 7 51 None
VZ Verizon Communications Inc Options Chain 0.60 0.66 0.21 1.00 0.21 0.25 109 9 -0.23 -0.01 47.73 45.00 7/17/2026 No 9 64 None
UNH Unitedhealth Group Inc Options Chain 6.10 6.50 2.07 10.00 0.21 0.32 179 210 -0.25 -0.14 379.86 350.00 7/17/2026 No 11 64 None
AZN Astrazeneca plc Options Chain 2.50 2.75 1.00 5.00 0.20 0.31 9 2 -0.24 -0.08 179.71 165.00 7/17/2026 No 10 62 None
BKR Baker Hughes Co - Class A Options Chain 1.60 1.75 1.00 5.00 0.20 0.40 14 1 -0.28 -0.04 62.97 60.00 7/17/2026 No 15 63 None
FHN First Horizon Corporation Options Chain 0.35 0.50 0.20 1.00 0.20 0.36 1 0 -0.22 -0.01 23.62 22.00 7/17/2026 No 19 68 None
BAC Bank Of America Corp Options Chain 0.84 0.87 0.20 1.00 0.20 0.31 57 182 -0.25 -0.02 51.51 49.00 7/17/2026 No 13 74 None
EXC Exelon Corp Options Chain 0.60 0.80 0.20 1.00 0.20 0.24 3 11 -0.28 -0.01 44.71 43.00 7/17/2026 No 11 65 None
IVZ Invesco Ltd Options Chain 0.65 0.80 0.20 1.00 0.20 0.41 0 10 -0.28 -0.01 27.62 26.00 7/17/2026 No 7 56 None
MDT Medtronic Plc Options Chain 0.93 1.24 0.49 2.50 0.20 0.34 6 127 -0.21 -0.03 73.98 67.50 7/17/2026 No 13 70 None
T AT&T Inc Options Chain 0.34 0.38 0.19 1.00 0.19 0.27 622 130 -0.24 -0.01 24.55 23.00 7/17/2026 No 8 58 None
XOM Exxon Mobil Corp Options Chain 2.31 2.43 0.94 5.00 0.19 0.32 57 86 -0.23 -0.07 149.38 140.00 7/17/2026 No 9 64 None
TFC Truist Financial Corporation Options Chain 0.80 1.00 0.47 2.50 0.19 0.33 186 3 -0.27 -0.02 46.87 45.00 7/17/2026 No 16 79 None
BDX Becton Dickinson & Company Options Chain 2.10 2.90 0.92 5.00 0.18 0.32 5 1 -0.27 -0.05 145.33 135.00 7/17/2026 No 11 65 None
LUV Southwest Airlines Company Options Chain 0.93 1.25 0.46 2.50 0.18 0.53 11 7 -0.23 -0.03 42.76 37.50 7/17/2026 No 11 61 None
ROL Rollins Inc Options Chain 0.65 0.85 0.45 2.50 0.18 0.28 118 11 -0.23 -0.02 46.32 42.50 7/17/2026 No 9 55 None
KO Coca-Cola Company Options Chain 0.85 0.92 0.45 2.50 0.18 0.20 118 42 -0.26 -0.02 78.64 75.00 7/17/2026 No 11 70 None
PPL PPL Corp Options Chain 0.35 0.60 0.18 1.00 0.18 0.24 2 0 -0.25 -0.01 34.52 33.00 7/17/2026 No 10 67 None
NVO Novo Nordisk Options Chain 1.09 1.12 0.87 5.00 0.17 0.40 7315 1984 -0.28 -0.03 44.07 40.00 7/17/2026 No 17 63 None
CNP Centerpoint Energy Inc Options Chain 0.45 0.65 0.17 1.00 0.17 0.23 1 0 -0.27 -0.02 41.29 40.00 7/17/2026 No 8 57 None
C Citigroup Inc Options Chain 2.07 2.14 0.84 5.00 0.17 0.36 348 139 -0.21 -0.07 129.09 120.00 7/17/2026 No 12 69 None
GIS General Mills Inc Options Chain 0.55 0.65 0.42 2.50 0.17 0.38 285 14 -0.22 -0.01 33.63 30.00 7/17/2026 No 12 61 None
PEP PepsiCo Inc Options Chain 1.57 1.65 0.77 5.00 0.15 0.29 215 17 -0.19 -0.03 141.52 130.00 7/17/2026 No 9 56 None
BCS Barclays plc Options Chain 0.45 0.50 0.15 1.00 0.15 0.40 113 0 -0.23 -0.01 24.50 23.00 7/17/2026 No 18 65 None
RF Regions Financial Corp Options Chain 0.40 0.55 0.15 1.00 0.15 0.33 25 0 -0.24 -0.01 27.34 26.00 7/17/2026 No 18 70 None