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.

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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
AVGO Broadcom Inc Options Chain 13.75 15.20 1.98 5.00 0.40 0.54 6 290 -0.30 -0.36 425.44 385.00 6/12/2026 Yes 9 62 None
EPD Enterprise Products Partners L P Options Chain 0.16 1.00 0.35 1.00 0.35 0.22 5 0 -0.23 -0.01 37.55 36.00 6/26/2026 No 12 67 None
DELL Dell Technologies Inc - Class C Options Chain 8.30 12.25 1.60 5.00 0.32 0.64 0 1 -0.27 -0.19 238.80 205.00 6/26/2026 Yes 12 53 None
GE General Electric Company Options Chain 6.60 9.20 1.60 5.00 0.32 0.37 0 11 -0.28 -0.17 305.83 285.00 6/26/2026 No 9 60 None
QCOM Qualcomm Inc Options Chain 6.60 9.45 0.78 2.50 0.31 0.56 20 8 -0.28 -0.14 186.55 182.50 6/26/2026 No 14 70 None
TSM Taiwan Semiconductor Manufacturing Options Chain 11.95 14.95 1.50 5.00 0.30 0.44 0 9 -0.30 -0.24 419.50 385.00 6/26/2026 No 20 61
Dividend Stock List
IVZ Invesco Ltd Options Chain 0.55 0.70 0.30 1.00 0.30 0.39 61 5 -0.28 -0.01 27.57 25.00 6/18/2026 No 9 56 None
EC Ecopetrol SA Options Chain 0.35 0.50 0.30 1.00 0.30 0.48 2 10 -0.29 -0.01 13.36 12.00 6/18/2026 Yes 11 59 None
MCD McDonald`s Corp Options Chain 2.47 3.35 1.49 5.00 0.30 0.19 8 0 -0.26 -0.06 286.90 270.00 6/26/2026 Yes 9 61 None
EQNR Equinor ASA Options Chain 0.80 1.05 0.28 1.00 0.28 0.41 14 17 -0.24 -0.01 38.04 34.00 6/18/2026 Yes 9 56 None
ALLY Ally Financial Inc Options Chain 0.65 1.00 0.28 1.00 0.28 0.34 1 3 -0.25 -0.02 44.30 41.00 6/18/2026 No 15 74 None
V Visa Inc - Class A Options Chain 3.40 7.55 1.34 5.00 0.27 0.23 0 5 -0.30 -0.12 318.80 310.00 6/26/2026 No 12 71 None
LYB LyondellBasell Industries NV - Class A Options Chain 1.75 1.95 0.67 2.50 0.27 0.47 29 18 -0.25 -0.04 73.00 65.00 6/18/2026 No 7 59 None
VST Vistra Corp Options Chain 4.25 6.55 1.32 5.00 0.26 0.53 17 1 -0.26 -0.11 158.29 140.00 6/26/2026 Yes 7 56 None
XYL Xylem Inc Options Chain 1.85 2.45 1.32 5.00 0.26 0.30 1401 1 -0.27 -0.06 118.59 110.00 6/18/2026 No 16 66 None
MSFT Microsoft Corporation Options Chain 5.95 6.55 1.27 5.00 0.25 0.28 90 67 -0.26 -0.19 411.38 400.00 6/12/2026 No 12 65 None
MET Metlife Inc Options Chain 1.35 1.60 0.63 2.50 0.25 0.28 103 509 -0.30 -0.03 80.16 75.00 6/18/2026 Yes 13 70 None
APH Amphenol Corp - Class A Options Chain 3.50 4.00 1.25 5.00 0.25 0.48 43 34 -0.25 -0.09 138.47 125.00 6/18/2026 No 9 58 None
VTRS Viatris Inc Options Chain 0.25 0.45 0.25 1.00 0.25 0.34 1129 203 -0.23 0.00 15.95 16.00 6/18/2026 Yes 6 51 None
IBM International Business Machines Corp Options Chain 3.25 6.45 1.20 5.00 0.24 0.32 20 5 -0.26 -0.07 226.12 215.00 6/26/2026 No 14 72 None
XOM Exxon Mobil Corp Options Chain 1.63 2.85 1.15 5.00 0.23 0.31 8 3 -0.22 -0.05 148.69 135.00 6/26/2026 No 11 71 None
NYT New York Times Co. - Class A Options Chain 1.35 1.85 0.57 2.50 0.23 0.30 0 27 -0.29 -0.04 84.00 77.50 6/18/2026 Yes 13 60 None
BCS Barclays plc Options Chain 0.60 0.70 0.22 1.00 0.22 0.40 1 1 -0.29 -0.01 24.08 22.00 6/18/2026 No 18 68 None
NVT nVent Electric plc Options Chain 4.10 4.90 1.05 5.00 0.21 0.51 7 3 -0.25 -0.11 170.70 150.00 6/18/2026 No 8 21 None
BKR Baker Hughes Co - Class A Options Chain 1.45 1.60 1.05 5.00 0.21 0.36 432 33 -0.29 -0.04 66.71 60.00 6/18/2026 No 16 62 None
ZTS Zoetis Inc - Class A Options Chain 1.75 2.00 1.03 5.00 0.21 0.42 952 768 -0.24 -0.05 111.22 80.00 6/18/2026 Yes 14 63 None
PNR Pentair plc Options Chain 1.40 1.90 0.50 2.50 0.20 0.33 2 0 -0.26 -0.05 79.91 75.00 6/18/2026 No 13 66 None
TFC Truist Financial Corporation Options Chain 0.90 0.95 0.50 2.50 0.20 0.27 2 10 -0.30 -0.01 50.80 47.50 6/18/2026 No 11 67 None
SYK Stryker Corp Options Chain 3.70 4.70 1.97 10.00 0.20 0.27 20 12 -0.23 -0.13 292.75 280.00 6/18/2026 No 13 68 None
CDW CDW Corp Options Chain 2.00 2.40 0.95 5.00 0.19 0.42 23 9 -0.24 -0.06 110.86 100.00 6/18/2026 Yes 11 50 None
GFI Gold Fields Ltd Options Chain 1.10 1.40 0.92 5.00 0.18 0.56 40 0 -0.23 -0.04 46.41 40.00 6/18/2026 Yes 11 56 None
PR Permian Resources Corp - Class A Options Chain 0.25 0.40 0.18 1.00 0.18 0.40 1 14 -0.23 -0.01 21.21 18.00 6/18/2026 Yes 11 65 None
CLX Clorox Company Options Chain 1.30 1.55 0.88 5.00 0.18 0.35 740 104 -0.21 -0.05 89.82 85.00 6/18/2026 No 15 56 None
INFY Infosys Ltd Options Chain 0.10 0.50 0.17 1.00 0.17 0.49 22 13 -0.14 0.00 12.63 11.00 6/18/2026 No 16 51 None
CGNX Cognex Corp Options Chain 1.20 1.80 0.75 5.00 0.15 0.44 69 3 -0.25 -0.04 71.00 60.00 6/18/2026 Yes 13 53 None
FHN First Horizon Corporation Options Chain 0.30 0.50 0.15 1.00 0.15 0.30 8 1 -0.26 -0.01 25.07 23.00 6/18/2026 No 18 68 None