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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GM | General Motors Company | Options Chain | 1.87 | 2.46 | 0.49 | 1.00 | 0.49 | 0.38 | 0 | 3 | -0.29 | -0.04 | 79.60 | 79.00 | 8/28/2026 | Yes | 8 | 60 | None | |
| LVS | Las Vegas Sands Corp | Options Chain | 1.20 | 1.45 | 0.36 | 1.00 | 0.36 | 0.42 | 5 | 0 | -0.30 | -0.03 | 45.47 | 43.00 | 8/28/2026 | Yes | 9 | 46 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 23.85 | 26.65 | 1.60 | 5.00 | 0.32 | 0.86 | 2 | 3 | -0.30 | -0.58 | 404.15 | 395.00 | 8/28/2026 | Yes | 11 | 52 | None | |
| F | Ford Motor Company | Options Chain | 0.32 | 0.38 | 0.12 | 0.50 | 0.24 | 0.44 | 3 | 2 | -0.26 | -0.01 | 14.26 | 13.50 | 8/28/2026 | Yes | 8 | 47 | None | |
| KO | Coca-Cola Company | Options Chain | 1.06 | 1.26 | 0.23 | 1.00 | 0.23 | 0.21 | 1 | 1 | -0.30 | -0.04 | 82.00 | 80.00 | 8/28/2026 | Yes | 9 | 63 | None | |
| EQT | EQT Corp | Options Chain | 0.28 | 0.67 | 0.23 | 1.00 | 0.23 | 0.25 | 1 | 2 | -0.30 | -0.02 | 49.80 | 50.00 | 8/28/2026 | Yes | 17 | 71 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.41 | 0.54 | 0.19 | 1.00 | 0.19 | 0.26 | 2 | 0 | -0.29 | -0.01 | 32.41 | 31.00 | 8/28/2026 | Yes | 8 | 59 | None |