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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SCHW | Charles Schwab Corp | Options Chain | 1.00 | 1.50 | 0.50 | 1.00 | 0.50 | 0.23 | 20 | 1 | -0.29 | -0.03 | 91.18 | 85.00 | 6/26/2026 | No | 15 | 69 | None | |
| ORCL | Oracle Corp | Options Chain | 6.35 | 8.60 | 1.08 | 2.50 | 0.43 | 0.65 | 0 | 2 | -0.29 | -0.18 | 189.76 | 170.00 | 6/26/2026 | Yes | 9 | 66 | None | |
| QCOM | Qualcomm Inc | Options Chain | 10.60 | 12.10 | 1.02 | 2.50 | 0.41 | 0.71 | 2 | 0 | -0.30 | -0.20 | 215.43 | 185.00 | 6/26/2026 | No | 10 | 64 | None | |
| V | Visa Inc - Class A | Options Chain | 4.55 | 6.40 | 1.89 | 5.00 | 0.38 | 0.24 | 0 | 1 | -0.30 | -0.14 | 320.31 | 310.00 | 6/26/2026 | No | 12 | 71 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 9.85 | 13.75 | 1.82 | 5.00 | 0.36 | 0.71 | 3 | 3 | -0.29 | -0.24 | 243.87 | 220.00 | 6/26/2026 | Yes | 15 | 59 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.97 | 1.85 | 0.35 | 1.00 | 0.35 | 0.36 | 0 | 4 | -0.28 | -0.02 | 56.18 | 53.00 | 6/26/2026 | No | 8 | 50 | None | |
| HPQ | HP Inc | Options Chain | 0.69 | 0.97 | 0.17 | 0.50 | 0.34 | 0.54 | 2 | 0 | -0.27 | -0.01 | 21.38 | 19.00 | 6/26/2026 | Yes | 13 | 50 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.50 | 6.80 | 1.49 | 5.00 | 0.30 | 0.27 | 3 | 0 | -0.29 | -0.13 | 300.25 | 290.00 | 6/26/2026 | No | 9 | 70 | None | |
| VST | Vistra Corp | Options Chain | 4.30 | 5.00 | 1.48 | 5.00 | 0.30 | 0.49 | 0 | 4 | -0.28 | -0.11 | 142.61 | 130.00 | 6/26/2026 | Yes | 6 | 56 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.70 | 9.20 | 1.47 | 5.00 | 0.29 | 0.30 | 5 | 1 | -0.30 | -0.16 | 400.61 | 380.00 | 6/26/2026 | No | 9 | 58 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.65 | 11.75 | 1.42 | 5.00 | 0.28 | 0.45 | 22 | 82 | -0.29 | -0.26 | 399.80 | 385.00 | 6/26/2026 | No | 20 | 61 |
Dividend Stock List |
|
| C | Citigroup Inc | Options Chain | 2.60 | 3.10 | 0.28 | 1.00 | 0.28 | 0.33 | 2 | 0 | -0.30 | -0.06 | 124.10 | 119.00 | 6/26/2026 | No | 14 | 77 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.33 | 3.25 | 0.27 | 1.00 | 0.27 | 0.37 | 80 | 2 | -0.29 | -0.06 | 122.00 | 110.00 | 6/26/2026 | Yes | 9 | 65 | None | |
| F | Ford Motor Company | Options Chain | 0.33 | 0.43 | 0.13 | 0.50 | 0.26 | 0.42 | 26 | 316 | -0.27 | -0.01 | 13.71 | 13.50 | 6/26/2026 | No | 9 | 50 | None | |
| DOW | Dow Inc | Options Chain | 1.07 | 1.51 | 0.24 | 1.00 | 0.24 | 0.46 | 0 | 110 | -0.30 | -0.02 | 38.84 | 36.00 | 6/26/2026 | No | 5 | 47 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.39 | 0.65 | 0.23 | 1.00 | 0.23 | 0.33 | 0 | 1 | -0.29 | -0.01 | 24.94 | 24.00 | 6/26/2026 | No | 15 | 61 | None | |
| WMT | Walmart Inc | Options Chain | 2.45 | 3.30 | 0.23 | 1.00 | 0.23 | 0.32 | 1 | 1 | -0.29 | -0.07 | 131.47 | 126.00 | 6/26/2026 | Yes | 8 | 58 | None | |
| NVO | Novo Nordisk | Options Chain | 0.89 | 1.15 | 0.22 | 1.00 | 0.22 | 0.36 | 4 | 0 | -0.26 | -0.03 | 47.08 | 43.00 | 6/26/2026 | No | 13 | 54 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.59 | 3.35 | 1.08 | 5.00 | 0.22 | 0.28 | 8 | 1 | -0.30 | -0.05 | 151.57 | 145.00 | 6/26/2026 | No | 9 | 64 | None | |
| SLB | SLB | Options Chain | 1.07 | 1.46 | 0.21 | 1.00 | 0.21 | 0.37 | 3 | 0 | -0.28 | -0.02 | 55.38 | 52.00 | 6/26/2026 | No | 9 | 66 | None | |
| IBM | International Business Machines Corp | Options Chain | 3.80 | 4.40 | 0.98 | 5.00 | 0.20 | 0.35 | 18 | 1 | -0.25 | -0.10 | 214.64 | 205.00 | 6/26/2026 | No | 14 | 72 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.47 | 0.73 | 0.19 | 1.00 | 0.19 | 0.24 | 1 | 0 | -0.22 | -0.02 | 47.21 | 45.00 | 6/26/2026 | No | 13 | 73 | None |