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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MDT | Medtronic Plc | Options Chain | 1.42 | 2.53 | 0.66 | 1.00 | 0.66 | 0.32 | 0 | 2 | -0.28 | -0.05 | 88.48 | 87.00 | 11/27/2026 | Yes | 15 | 71 | None | |
| PEP | PepsiCo Inc | Options Chain | 1.65 | 2.28 | 0.60 | 1.00 | 0.60 | 0.21 | 0 | 2 | -0.29 | -0.05 | 125.97 | 123.00 | 11/27/2026 | Yes | 13 | 65 | None | |
| CRM | Salesforce Inc | Options Chain | 5.45 | 8.25 | 2.02 | 5.00 | 0.40 | 0.40 | 5 | 7 | -0.30 | -0.14 | 229.13 | 220.00 | 11/27/2026 | No | 11 | 63 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.64 | 1.34 | 0.40 | 1.00 | 0.40 | 0.32 | 6 | 0 | -0.27 | -0.03 | 59.58 | 54.00 | 11/27/2026 | Yes | 11 | 54 | None | |
| GLW | Corning Inc | Options Chain | 5.85 | 6.55 | 1.80 | 5.00 | 0.36 | 0.57 | 48 | 12 | -0.30 | -0.12 | 156.68 | 135.00 | 11/27/2026 | Yes | 8 | 52 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.30 | 6.15 | 1.72 | 5.00 | 0.34 | 0.26 | 3 | 2 | -0.27 | -0.09 | 261.44 | 250.00 | 11/27/2026 | Yes | 12 | 72 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.94 | 2.79 | 0.34 | 1.00 | 0.34 | 0.47 | 0 | 11 | -0.29 | -0.05 | 73.69 | 68.00 | 11/27/2026 | Yes | 11 | 59 | None | |
| ORCL | Oracle Corp | Options Chain | 5.20 | 5.50 | 1.00 | 3.00 | 0.33 | 0.51 | 6 | 38 | -0.30 | -0.10 | 141.40 | 128.00 | 11/27/2026 | No | 7 | 62 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.50 | 9.25 | 1.55 | 5.00 | 0.31 | 0.36 | 2 | 28 | -0.28 | -0.21 | 379.30 | 355.00 | 11/27/2026 | Yes | 12 | 65 | None | |
| MS | Morgan Stanley | Options Chain | 3.90 | 4.75 | 1.55 | 5.00 | 0.31 | 0.32 | 0 | 4 | -0.30 | -0.08 | 190.02 | 180.00 | 11/27/2026 | Yes | 11 | 67 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.15 | 10.75 | 1.55 | 5.00 | 0.31 | 0.32 | 5 | 12 | -0.30 | -0.23 | 453.30 | 425.00 | 11/27/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| RF | Regions Financial Corp | Options Chain | 0.45 | 0.75 | 0.30 | 1.00 | 0.30 | 0.35 | 2 | 1 | -0.28 | -0.01 | 27.03 | 26.00 | 11/20/2026 | Yes | 18 | 69 | None | |
| CVX | Chevron Corp | Options Chain | 3.95 | 4.75 | 1.46 | 5.00 | 0.29 | 0.28 | 71 | 24 | -0.30 | -0.08 | 211.98 | 205.00 | 11/27/2026 | Yes | 11 | 69 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 12.80 | 14.00 | 2.90 | 10.00 | 0.29 | 0.49 | 29 | 27 | -0.27 | -0.31 | 455.03 | 420.00 | 11/20/2026 | Yes | 11 | 61 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.81 | 0.92 | 0.29 | 1.00 | 0.29 | 0.37 | 3 | 24 | -0.28 | -0.02 | 34.71 | 33.00 | 11/27/2026 | No | 11 | 52 | None | |
| APA | APA Corporation | Options Chain | 1.16 | 1.58 | 0.28 | 1.00 | 0.28 | 0.46 | 0 | 1 | -0.27 | -0.03 | 45.88 | 43.00 | 11/27/2026 | Yes | 14 | 72 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.69 | 2.35 | 0.28 | 1.00 | 0.28 | 0.37 | 1 | 28 | -0.29 | -0.04 | 82.17 | 76.00 | 11/27/2026 | Yes | 13 | 67 | None | |
| WMT | Walmart Inc | Options Chain | 2.11 | 2.35 | 0.28 | 1.00 | 0.28 | 0.28 | 7 | 41 | -0.30 | -0.05 | 111.35 | 108.00 | 11/27/2026 | Yes | 9 | 59 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.65 | 5.45 | 1.37 | 5.00 | 0.27 | 0.47 | 11 | 7 | -0.26 | -0.12 | 175.50 | 160.00 | 11/27/2026 | Yes | 12 | 71 | None | |
| SYF | Synchrony Financial | Options Chain | 1.55 | 2.10 | 0.68 | 2.50 | 0.27 | 0.36 | 10 | 26 | -0.30 | -0.04 | 72.80 | 70.00 | 11/20/2026 | Yes | 15 | 75 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.20 | 2.40 | 0.67 | 2.50 | 0.27 | 0.46 | 56 | 37 | -0.27 | -0.06 | 87.24 | 80.00 | 11/20/2026 | Yes | 9 | 57 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.55 | 5.65 | 1.32 | 5.00 | 0.26 | 0.25 | 4 | 13 | -0.27 | -0.13 | 332.99 | 320.00 | 11/27/2026 | Yes | 8 | 71 | None | |
| DPZ | Dominos Pizza Inc | Options Chain | 5.70 | 7.00 | 2.55 | 10.00 | 0.26 | 0.40 | 15 | 37 | -0.25 | -0.20 | 309.36 | 290.00 | 11/20/2026 | Yes | 13 | 52 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.40 | 6.15 | 1.25 | 5.00 | 0.25 | 0.40 | 0 | 3 | -0.28 | -0.11 | 227.13 | 210.00 | 11/27/2026 | Yes | 12 | 74 | None | |
| EQNR | Equinor ASA | Options Chain | 0.95 | 1.05 | 0.25 | 1.00 | 0.25 | 0.39 | 50 | 2 | -0.27 | -0.02 | 43.01 | 41.00 | 11/20/2026 | Yes | 12 | 61 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 3.00 | 3.80 | 1.22 | 5.00 | 0.24 | 0.39 | 18 | 6 | -0.26 | -0.08 | 148.75 | 140.00 | 11/27/2026 | Yes | 8 | 69 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.85 | 1.07 | 0.24 | 1.00 | 0.24 | 0.27 | 18 | 10 | -0.28 | -0.02 | 54.32 | 52.00 | 11/27/2026 | Yes | 9 | 65 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.05 | 3.40 | 1.18 | 5.00 | 0.24 | 0.23 | 22 | 25 | -0.26 | -0.09 | 235.23 | 225.00 | 11/27/2026 | Yes | 12 | 60 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.55 | 0.70 | 0.23 | 1.00 | 0.23 | 0.42 | 5 | 0 | -0.29 | -0.01 | 23.03 | 22.00 | 11/20/2026 | Yes | 12 | 68 | None | |
| ACN | Accenture plc - Class A | Options Chain | 5.60 | 7.00 | 1.15 | 5.00 | 0.23 | 0.41 | 5 | 2 | -0.30 | -0.11 | 209.06 | 200.00 | 11/27/2026 | No | 19 | 69 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.35 | 1.50 | 0.55 | 2.50 | 0.22 | 0.44 | 126 | 1 | -0.26 | -0.04 | 60.03 | 55.00 | 11/20/2026 | Yes | 9 | 55 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.60 | 0.80 | 0.22 | 1.00 | 0.22 | 0.36 | 21 | 1 | -0.24 | -0.01 | 37.59 | 35.00 | 11/20/2026 | Yes | 15 | 80 | None | |
| UL | Unilever plc | Options Chain | 0.85 | 0.90 | 0.50 | 2.50 | 0.20 | 0.25 | 3 | 6 | -0.27 | -0.02 | 62.26 | 60.00 | 11/20/2026 | No | 12 | 63 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.00 | 0.70 | 0.20 | 1.00 | 0.20 | 0.39 | 0 | 15 | -0.24 | -0.01 | 20.66 | 19.00 | 11/27/2026 | Yes | 16 | 70 | None | |
| DOW | Dow Inc | Options Chain | 0.25 | 1.00 | 0.20 | 1.00 | 0.20 | 0.39 | 0 | 3 | -0.25 | -0.02 | 28.42 | 26.00 | 11/27/2026 | Yes | 8 | 53 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.65 | 0.90 | 0.20 | 1.00 | 0.20 | 0.30 | 1 | 0 | -0.25 | -0.02 | 50.64 | 48.00 | 11/20/2026 | Yes | 10 | 73 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.30 | 0.72 | 0.20 | 1.00 | 0.20 | 0.26 | 5 | 5 | -0.25 | -0.01 | 32.49 | 31.00 | 11/27/2026 | Yes | 8 | 59 | None | |
| INFY | Infosys Ltd | Options Chain | 0.30 | 0.35 | 0.20 | 1.00 | 0.20 | 0.43 | 82 | 54 | -0.28 | 0.00 | 10.73 | 10.00 | 11/20/2026 | Yes | 16 | 53 | None | |
| T | AT&T Inc | Options Chain | 0.43 | 0.53 | 0.10 | 0.50 | 0.20 | 0.29 | 5 | 2 | -0.30 | -0.01 | 22.24 | 21.50 | 11/27/2026 | Yes | 15 | 70 | None | |
| ECL | Ecolab Inc | Options Chain | 3.90 | 4.30 | 1.92 | 10.00 | 0.19 | 0.28 | 2 | 2 | -0.25 | -0.14 | 281.83 | 270.00 | 11/20/2026 | Yes | 8 | 61 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.15 | 1.50 | 0.48 | 2.50 | 0.19 | 0.32 | 15 | 25 | -0.26 | -0.04 | 79.89 | 75.00 | 11/20/2026 | Yes | 14 | 45 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.54 | 0.72 | 0.18 | 1.00 | 0.18 | 0.29 | 10 | 7 | -0.23 | -0.02 | 41.65 | 40.00 | 11/27/2026 | Yes | 10 | 73 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.81 | 2.70 | 0.87 | 5.00 | 0.17 | 0.28 | 1 | 6 | -0.23 | -0.06 | 168.94 | 160.00 | 11/27/2026 | Yes | 13 | 71 | None | |
| PPL | PPL Corp | Options Chain | 0.30 | 0.50 | 0.15 | 1.00 | 0.15 | 0.22 | 6 | 0 | -0.27 | -0.01 | 34.25 | 33.00 | 11/20/2026 | Yes | 8 | 61 | None |