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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BNS | Bank Of Nova Scotia | Options Chain | 0.60 | 3.00 | 1.27 | 2.50 | 0.51 | 0.27 | 0 | 6 | -0.24 | -0.02 | 88.55 | 87.50 | 10/16/2026 | Yes | 12 | 66 | None | |
| ORCL | Oracle Corp | Options Chain | 6.80 | 7.25 | 1.83 | 5.00 | 0.37 | 0.65 | 295 | 139 | -0.28 | -0.12 | 142.70 | 130.00 | 10/16/2026 | Yes | 10 | 67 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 24.20 | 26.05 | 3.30 | 10.00 | 0.33 | 0.74 | 147 | 5 | -0.28 | -0.45 | 431.38 | 400.00 | 10/16/2026 | Yes | 11 | 53 | None | |
| INTU | Intuit Inc | Options Chain | 11.00 | 15.10 | 3.25 | 10.00 | 0.33 | 0.56 | 20 | 32 | -0.26 | -0.25 | 369.88 | 320.00 | 10/16/2026 | Yes | 12 | 56 | None | |
| CRM | Salesforce Inc | Options Chain | 6.65 | 7.10 | 1.55 | 5.00 | 0.31 | 0.46 | 155 | 305 | -0.28 | -0.12 | 209.05 | 190.00 | 10/16/2026 | Yes | 14 | 70 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.35 | 5.85 | 1.52 | 5.00 | 0.30 | 0.35 | 43 | 136 | -0.27 | -0.12 | 230.80 | 220.00 | 10/16/2026 | No | 9 | 66 | None | |
| GLW | Corning Inc | Options Chain | 5.90 | 6.25 | 1.50 | 5.00 | 0.30 | 0.63 | 66 | 363 | -0.25 | -0.11 | 144.39 | 130.00 | 10/16/2026 | No | 8 | 52 | None | |
| SLB | SLB | Options Chain | 1.17 | 1.75 | 0.72 | 2.50 | 0.29 | 0.37 | 18 | 39 | -0.29 | -0.02 | 53.99 | 50.00 | 10/16/2026 | No | 8 | 63 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.35 | 0.70 | 0.28 | 1.00 | 0.28 | 0.41 | 2 | 0 | -0.23 | -0.01 | 23.30 | 21.00 | 10/16/2026 | No | 10 | 59 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.65 | 11.20 | 2.70 | 10.00 | 0.27 | 0.37 | 37 | 106 | -0.28 | -0.21 | 410.12 | 390.00 | 10/16/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| MSFT | Microsoft Corporation | Options Chain | 9.00 | 9.90 | 1.35 | 5.00 | 0.27 | 0.27 | 308 | 118 | -0.29 | -0.20 | 491.71 | 470.00 | 10/16/2026 | No | 14 | 72 | None | |
| HPQ | HP Inc | Options Chain | 1.06 | 1.30 | 0.27 | 1.00 | 0.27 | 0.51 | 87 | 105 | -0.29 | -0.02 | 28.56 | 27.00 | 10/16/2026 | Yes | 12 | 45 | None | |
| TGT | Target Corp | Options Chain | 3.50 | 3.70 | 1.31 | 5.00 | 0.26 | 0.31 | 279 | 980 | -0.28 | -0.08 | 163.47 | 155.00 | 10/16/2026 | No | 14 | 72 | None | |
| AVGO | Broadcom Inc | Options Chain | 9.15 | 10.35 | 1.30 | 5.00 | 0.26 | 0.47 | 398 | 113 | -0.27 | -0.26 | 358.63 | 330.00 | 10/2/2026 | Yes | 10 | 62 | None | |
| V | Visa Inc - Class A | Options Chain | 5.55 | 6.65 | 1.27 | 5.00 | 0.25 | 0.22 | 54 | 79 | -0.28 | -0.14 | 382.41 | 370.00 | 10/16/2026 | No | 10 | 69 | None | |
| PCG | PG&E Corp | Options Chain | 0.53 | 0.60 | 0.25 | 1.00 | 0.25 | 0.42 | 17 | 135 | -0.29 | -0.01 | 18.36 | 17.00 | 10/16/2026 | No | 9 | 52 | None | |
| BCS | Barclays plc | Options Chain | 0.60 | 0.70 | 0.25 | 1.00 | 0.25 | 0.31 | 2 | 0 | -0.30 | -0.01 | 26.98 | 26.00 | 10/16/2026 | No | 15 | 51 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.27 | 1.40 | 0.62 | 2.50 | 0.25 | 0.33 | 31 | 16 | -0.28 | -0.03 | 58.41 | 55.00 | 10/16/2026 | No | 10 | 55 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.55 | 1.85 | 0.62 | 2.50 | 0.25 | 0.31 | 24 | 11 | -0.28 | -0.04 | 77.97 | 75.00 | 10/16/2026 | No | 14 | 45 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.65 | 4.20 | 1.19 | 5.00 | 0.24 | 0.43 | 37 | 696 | -0.24 | -0.08 | 158.00 | 145.00 | 10/16/2026 | No | 10 | 63 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.29 | 2.60 | 1.16 | 5.00 | 0.23 | 0.31 | 156 | 98 | -0.29 | -0.04 | 110.30 | 105.00 | 10/16/2026 | No | 10 | 63 | None | |
| GIS | General Mills Inc | Options Chain | 0.85 | 1.00 | 0.58 | 2.50 | 0.23 | 0.31 | 260 | 90 | -0.30 | -0.01 | 40.96 | 37.50 | 10/16/2026 | Yes | 5 | 52 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.30 | 0.65 | 0.23 | 1.00 | 0.23 | 0.29 | 2 | 0 | -0.27 | -0.01 | 24.62 | 23.00 | 10/16/2026 | Yes | 12 | 61 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.10 | 3.35 | 1.14 | 5.00 | 0.23 | 0.21 | 77 | 96 | -0.25 | -0.06 | 272.62 | 255.00 | 10/16/2026 | No | 12 | 68 | None | |
| SYK | Stryker Corp | Options Chain | 5.40 | 6.10 | 2.25 | 10.00 | 0.23 | 0.28 | 5 | 12 | -0.26 | -0.12 | 330.59 | 310.00 | 10/16/2026 | No | 13 | 69 | None | |
| CVX | Chevron Corp | Options Chain | 2.82 | 3.35 | 1.11 | 5.00 | 0.22 | 0.26 | 3092 | 64 | -0.25 | -0.08 | 203.96 | 190.00 | 10/16/2026 | No | 11 | 69 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.25 | 1.55 | 0.55 | 2.50 | 0.22 | 0.40 | 6 | 2 | -0.24 | -0.04 | 62.55 | 57.50 | 10/16/2026 | No | 9 | 55 | None | |
| WSM | Williams-Sonoma Inc | Options Chain | 4.10 | 7.00 | 2.15 | 10.00 | 0.21 | 0.45 | 8 | 1 | -0.22 | -0.13 | 237.77 | 210.00 | 10/16/2026 | Yes | 14 | 64 | None | |
| NVO | Novo Nordisk | Options Chain | 0.96 | 1.10 | 0.53 | 2.50 | 0.21 | 0.36 | 10893 | 175 | -0.25 | -0.02 | 46.97 | 45.00 | 10/16/2026 | No | 11 | 49 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.45 | 1.80 | 1.05 | 5.00 | 0.21 | 0.37 | 6 | 7 | -0.29 | -0.03 | 64.40 | 60.00 | 10/16/2026 | No | 12 | 72 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.59 | 0.69 | 0.21 | 1.00 | 0.21 | 0.24 | 82 | 28 | -0.23 | -0.01 | 50.15 | 47.00 | 10/16/2026 | No | 10 | 74 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.83 | 2.43 | 0.52 | 2.50 | 0.21 | 0.38 | 7 | 130 | -0.27 | -0.04 | 82.80 | 77.50 | 10/16/2026 | Yes | 10 | 58 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.78 | 1.98 | 1.03 | 5.00 | 0.21 | 0.69 | 187 | 57 | -0.21 | -0.04 | 52.20 | 45.00 | 10/16/2026 | Yes | 8 | 52 | None | |
| DOW | Dow Inc | Options Chain | 0.71 | 0.80 | 0.51 | 2.50 | 0.20 | 0.39 | 68 | 73 | -0.26 | -0.01 | 31.40 | 27.50 | 10/16/2026 | No | 8 | 54 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.40 | 2.64 | 1.00 | 5.00 | 0.20 | 0.29 | 3235 | 111 | -0.23 | -0.06 | 164.05 | 150.00 | 10/16/2026 | No | 13 | 73 | None | |
| ROL | Rollins Inc | Options Chain | 0.75 | 0.95 | 0.50 | 2.50 | 0.20 | 0.30 | 21 | 1 | -0.29 | -0.02 | 36.36 | 35.00 | 10/16/2026 | No | 8 | 53 | None | |
| MO | Altria Group Inc | Options Chain | 0.80 | 1.46 | 0.50 | 2.50 | 0.20 | 0.22 | 341 | 314 | -0.29 | -0.01 | 68.07 | 65.00 | 10/16/2026 | No | 9 | 66 | None | |
| RF | Regions Financial Corp | Options Chain | 0.25 | 0.90 | 0.20 | 1.00 | 0.20 | 0.26 | 0 | 2 | -0.29 | -0.01 | 30.63 | 29.00 | 10/16/2026 | Yes | 14 | 61 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.92 | 2.12 | 0.99 | 5.00 | 0.20 | 0.50 | 603 | 928 | -0.22 | -0.05 | 77.93 | 70.00 | 10/16/2026 | No | 10 | 59 | None | |
| APA | APA Corporation | Options Chain | 0.93 | 1.05 | 0.48 | 2.50 | 0.19 | 0.43 | 2 | 78 | -0.24 | -0.03 | 43.00 | 37.50 | 10/16/2026 | No | 10 | 61 | None | |
| AA | Alcoa Corp | Options Chain | 1.29 | 1.40 | 0.94 | 5.00 | 0.19 | 0.52 | 13 | 440 | -0.22 | -0.03 | 49.70 | 45.00 | 10/16/2026 | Yes | 17 | 51 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.83 | 0.87 | 0.46 | 2.50 | 0.18 | 0.44 | 1532 | 799 | -0.21 | -0.02 | 39.48 | 35.00 | 10/16/2026 | Yes | 14 | 59 | None | |
| TTE | TotalEnergies SE | Options Chain | 1.00 | 1.20 | 0.45 | 2.50 | 0.18 | 0.26 | 5 | 0 | -0.21 | -0.02 | 89.35 | 82.50 | 10/16/2026 | No | 11 | 53 | None | |
| EIX | Edison International | Options Chain | 1.20 | 1.50 | 0.45 | 2.50 | 0.18 | 0.36 | 201 | 499 | -0.22 | -0.02 | 73.97 | 67.50 | 10/16/2026 | No | 10 | 62 | None | |
| EXC | Exelon Corp | Options Chain | 0.45 | 0.60 | 0.18 | 1.00 | 0.18 | 0.20 | 1 | 3 | -0.23 | -0.01 | 44.34 | 42.00 | 10/16/2026 | No | 11 | 64 | None | |
| T | AT&T Inc | Options Chain | 0.34 | 0.38 | 0.18 | 1.00 | 0.18 | 0.27 | 113 | 101 | -0.24 | -0.01 | 25.77 | 24.00 | 10/16/2026 | No | 14 | 67 | None | |
| KO | Coca-Cola Company | Options Chain | 0.93 | 1.11 | 0.43 | 2.50 | 0.17 | 0.19 | 129 | 115 | -0.26 | -0.02 | 91.64 | 87.50 | 10/16/2026 | No | 10 | 67 | None | |
| F | Ford Motor Company | Options Chain | 0.27 | 0.29 | 0.17 | 1.00 | 0.17 | 0.34 | 276 | 114 | -0.24 | -0.01 | 13.93 | 13.00 | 10/16/2026 | No | 9 | 48 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.67 | 0.80 | 0.41 | 2.50 | 0.16 | 0.34 | 45 | 21 | -0.21 | -0.02 | 48.10 | 42.50 | 10/16/2026 | No | 10 | 57 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.34 | 0.49 | 0.16 | 1.00 | 0.16 | 0.17 | 31 | 0 | -0.27 | -0.01 | 38.42 | 37.00 | 10/16/2026 | No | 12 | 68 | None | |
| WMT | Walmart Inc | Options Chain | 1.27 | 1.35 | 0.79 | 5.00 | 0.16 | 0.23 | 589 | 342 | -0.25 | -0.04 | 106.49 | 100.00 | 10/16/2026 | No | 9 | 60 | None | |
| MKC | McCormick & Co. Inc (Non Voting) | Options Chain | 0.95 | 1.15 | 0.75 | 5.00 | 0.15 | 0.35 | 100 | 17 | -0.24 | -0.02 | 56.17 | 50.00 | 10/16/2026 | Yes | 11 | 64 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.45 | 1.00 | 0.15 | 1.00 | 0.15 | 0.29 | 0 | 22 | -0.25 | -0.02 | 42.45 | 40.00 | 10/16/2026 | Yes | 11 | 68 | None |