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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EPD | Enterprise Products Partners L P | Options Chain | 0.39 | 0.81 | 0.34 | 1.00 | 0.34 | 0.26 | 25 | 0 | -0.24 | -0.01 | 38.39 | 36.00 | 5/15/2026 | Yes | 8 | 59 | None | |
| RF | Regions Financial Corp | Options Chain | 0.70 | 1.05 | 0.33 | 1.00 | 0.33 | 0.43 | 1 | 0 | -0.29 | -0.02 | 25.46 | 24.00 | 5/15/2026 | Yes | 13 | 60 | None | |
| EL | Estee Lauder Cos. Inc - Class A | Options Chain | 3.25 | 3.80 | 1.58 | 5.00 | 0.32 | 0.61 | 78 | 216 | -0.30 | -0.06 | 71.48 | 65.00 | 5/15/2026 | Yes | 5 | 51 | None | |
| GLW | Corning Inc | Options Chain | 6.80 | 7.25 | 1.55 | 5.00 | 0.31 | 0.71 | 41 | 121 | -0.26 | -0.13 | 142.01 | 125.00 | 5/15/2026 | Yes | 9 | 57 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 3.30 | 3.70 | 0.72 | 2.50 | 0.29 | 0.56 | 11 | 28 | -0.30 | -0.06 | 76.01 | 70.00 | 5/15/2026 | Yes | 7 | 57 | None | |
| ORCL | Oracle Corp | Options Chain | 6.25 | 6.55 | 1.42 | 5.00 | 0.28 | 0.55 | 239 | 1392 | -0.30 | -0.11 | 154.34 | 135.00 | 5/15/2026 | No | 9 | 66 | None | |
| HAL | Halliburton Company | Options Chain | 1.12 | 1.20 | 0.28 | 1.00 | 0.28 | 0.45 | 35 | 8 | -0.26 | -0.02 | 38.11 | 35.00 | 5/15/2026 | Yes | 9 | 62 | None | |
| EQNR | Equinor ASA | Options Chain | 1.20 | 1.55 | 0.28 | 1.00 | 0.28 | 0.52 | 0 | 1 | -0.26 | -0.02 | 39.95 | 36.00 | 5/15/2026 | Yes | 10 | 58 | None | |
| ALLY | Ally Financial Inc | Options Chain | 1.05 | 1.30 | 0.28 | 1.00 | 0.28 | 0.45 | 1 | 0 | -0.27 | -0.02 | 39.52 | 36.00 | 5/15/2026 | Yes | 14 | 76 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.40 | 12.65 | 2.80 | 10.00 | 0.28 | 0.46 | 461 | 87 | -0.30 | -0.23 | 338.45 | 320.00 | 5/15/2026 | Yes | 22 | 67 |
Dividend Stock List |
|
| RGLD | Royal Gold Inc | Options Chain | 6.40 | 8.10 | 1.40 | 5.00 | 0.28 | 0.55 | 8 | 1 | -0.24 | -0.14 | 222.84 | 200.00 | 5/15/2026 | Yes | 10 | 70 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 5.50 | 6.00 | 1.40 | 5.00 | 0.28 | 0.62 | 71 | 4 | -0.27 | -0.11 | 130.36 | 115.00 | 5/15/2026 | Yes | 9 | 58 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 6.90 | 7.15 | 1.35 | 5.00 | 0.27 | 0.55 | 879 | 60 | -0.28 | -0.12 | 164.89 | 160.00 | 5/15/2026 | No | 15 | 61 | None | |
| GPN | Global Payments Inc | Options Chain | 2.60 | 3.10 | 1.35 | 5.00 | 0.27 | 0.53 | 2 | 0 | -0.29 | -0.05 | 70.97 | 65.00 | 5/15/2026 | Yes | 11 | 69 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.80 | 1.10 | 0.27 | 1.00 | 0.27 | 0.52 | 6 | 0 | -0.29 | -0.01 | 23.98 | 22.00 | 5/15/2026 | Yes | 8 | 58 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.74 | 1.00 | 0.27 | 1.00 | 0.27 | 0.48 | 46 | 5 | -0.29 | -0.01 | 23.90 | 22.00 | 5/15/2026 | No | 8 | 53 | None | |
| DOW | Dow Inc | Options Chain | 1.45 | 1.65 | 0.67 | 2.50 | 0.27 | 0.54 | 24 | 13 | -0.28 | -0.03 | 38.31 | 35.00 | 5/15/2026 | Yes | 6 | 47 | None | |
| AA | Alcoa Corp | Options Chain | 2.82 | 2.99 | 1.31 | 5.00 | 0.26 | 0.72 | 8 | 3 | -0.27 | -0.05 | 57.28 | 50.00 | 5/15/2026 | Yes | 13 | 51 | None | |
| SYF | Synchrony Financial | Options Chain | 2.15 | 2.40 | 0.65 | 2.50 | 0.26 | 0.44 | 1 | 125 | -0.30 | -0.04 | 66.55 | 62.50 | 5/15/2026 | Yes | 10 | 65 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.02 | 2.17 | 0.26 | 1.00 | 0.26 | 0.59 | 118 | 2 | -0.25 | -0.04 | 56.48 | 50.00 | 5/15/2026 | Yes | 11 | 55 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.25 | 4.60 | 1.28 | 5.00 | 0.26 | 0.44 | 42 | 76 | -0.30 | -0.08 | 128.35 | 120.00 | 5/15/2026 | Yes | 9 | 66 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.60 | 9.70 | 1.27 | 5.00 | 0.25 | 0.36 | 1273 | 407 | -0.28 | -0.20 | 372.74 | 350.00 | 5/15/2026 | Yes | 11 | 65 | None | |
| AVGO | Broadcom Inc | Options Chain | 10.60 | 11.05 | 2.53 | 10.00 | 0.25 | 0.50 | 520 | 355 | -0.27 | -0.21 | 318.29 | 290.00 | 5/15/2026 | No | 11 | 67 | None | |
| ING | ING Groep N.V. | Options Chain | 0.85 | 0.95 | 0.25 | 1.00 | 0.25 | 0.44 | 0 | 14 | -0.28 | -0.01 | 25.68 | 23.00 | 5/15/2026 | Yes | 13 | 60 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.50 | 8.90 | 2.47 | 10.00 | 0.25 | 0.46 | 135 | 56 | -0.27 | -0.17 | 269.54 | 250.00 | 5/15/2026 | Yes | 11 | 66 | None | |
| APD | Air Products & Chemicals Inc | Options Chain | 6.80 | 7.60 | 2.45 | 10.00 | 0.25 | 0.35 | 8 | 1 | -0.30 | -0.12 | 285.97 | 270.00 | 5/15/2026 | Yes | 5 | 56 | None | |
| MRK | Merck & Co Inc | Options Chain | 3.05 | 3.35 | 1.22 | 5.00 | 0.24 | 0.35 | 108 | 118 | -0.30 | -0.06 | 115.30 | 110.00 | 5/15/2026 | Yes | 9 | 67 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.60 | 4.40 | 1.20 | 5.00 | 0.24 | 0.34 | 175 | 255 | -0.28 | -0.07 | 160.93 | 155.00 | 5/15/2026 | Yes | 11 | 73 | None | |
| LIN | Linde Plc. | Options Chain | 7.50 | 10.00 | 1.20 | 5.00 | 0.24 | 0.25 | 2 | 1 | -0.30 | -0.21 | 479.84 | 455.00 | 5/15/2026 | Yes | 9 | 68 | None | |
| APO | Apollo Global Management Inc | Options Chain | 3.90 | 4.30 | 1.17 | 5.00 | 0.23 | 0.55 | 52 | 482 | -0.26 | -0.08 | 111.97 | 100.00 | 5/15/2026 | Yes | 14 | 64 | None | |
| BG | Bunge Global SA | Options Chain | 2.80 | 3.70 | 1.17 | 5.00 | 0.23 | 0.40 | 1 | 0 | -0.26 | -0.07 | 118.47 | 115.00 | 5/15/2026 | Yes | 9 | 68 | None | |
| SPG | Simon Property Group Inc | Options Chain | 3.40 | 4.40 | 1.17 | 5.00 | 0.23 | 0.30 | 3 | 1 | -0.29 | -0.09 | 181.49 | 170.00 | 5/15/2026 | Yes | 9 | 68 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.65 | 0.89 | 0.23 | 1.00 | 0.23 | 0.38 | 9 | 8 | -0.27 | -0.01 | 29.20 | 27.00 | 5/15/2026 | Yes | 10 | 60 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.45 | 0.80 | 0.23 | 1.00 | 0.23 | 0.45 | 1 | 0 | -0.27 | -0.01 | 20.68 | 19.00 | 5/15/2026 | Yes | 11 | 66 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.60 | 0.75 | 0.23 | 1.00 | 0.23 | 0.43 | 0 | 210 | -0.28 | -0.01 | 22.69 | 21.00 | 5/15/2026 | Yes | 14 | 68 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 4.80 | 5.70 | 1.15 | 5.00 | 0.23 | 0.43 | 0 | 1 | -0.26 | -0.10 | 191.81 | 180.00 | 5/15/2026 | Yes | 9 | 64 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 7.40 | 7.95 | 1.15 | 5.00 | 0.23 | 0.35 | 160 | 42 | -0.30 | -0.13 | 290.31 | 275.00 | 5/15/2026 | Yes | 9 | 79 | None | |
| C | Citigroup Inc | Options Chain | 3.45 | 3.55 | 1.12 | 5.00 | 0.22 | 0.43 | 696 | 61 | -0.28 | -0.06 | 111.78 | 105.00 | 5/15/2026 | Yes | 15 | 77 | None | |
| GM | General Motors Company | Options Chain | 2.16 | 2.24 | 0.56 | 2.50 | 0.22 | 0.45 | 18 | 1 | -0.26 | -0.05 | 76.57 | 70.00 | 5/15/2026 | Yes | 10 | 60 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 5.80 | 6.30 | 2.20 | 10.00 | 0.22 | 0.44 | 2 | 8 | -0.24 | -0.13 | 232.26 | 220.00 | 5/15/2026 | Yes | 12 | 64 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.60 | 0.80 | 0.22 | 1.00 | 0.22 | 0.47 | 0 | 20 | -0.24 | -0.02 | 25.44 | 23.00 | 5/15/2026 | Yes | 14 | 64 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.66 | 0.72 | 0.22 | 1.00 | 0.22 | 0.29 | 6 | 0 | -0.28 | -0.01 | 33.72 | 32.00 | 5/15/2026 | Yes | 12 | 67 | None | |
| VZ | Verizon Communications Inc | Options Chain | 1.06 | 1.16 | 0.22 | 1.00 | 0.22 | 0.29 | 140 | 159 | -0.29 | -0.01 | 50.60 | 48.00 | 5/15/2026 | Yes | 9 | 74 | None | |
| EXC | Exelon Corp | Options Chain | 0.85 | 1.05 | 0.22 | 1.00 | 0.22 | 0.28 | 10 | 0 | -0.30 | -0.02 | 47.29 | 45.00 | 5/15/2026 | Yes | 8 | 61 | None | |
| F | Ford Motor Company | Options Chain | 0.38 | 0.43 | 0.22 | 1.00 | 0.22 | 0.44 | 64 | 23 | -0.30 | -0.01 | 11.84 | 11.00 | 5/15/2026 | Yes | 8 | 47 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.33 | 2.67 | 0.53 | 2.50 | 0.21 | 0.55 | 2189 | 43 | -0.27 | -0.05 | 66.65 | 60.00 | 5/15/2026 | Yes | 15 | 67 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.84 | 1.93 | 0.53 | 2.50 | 0.21 | 0.36 | 189 | 74 | -0.27 | -0.04 | 80.86 | 75.00 | 5/15/2026 | Yes | 9 | 65 | None | |
| JCI | Johnson Controls International plc | Options Chain | 2.90 | 3.90 | 1.05 | 5.00 | 0.21 | 0.41 | 53 | 0 | -0.25 | -0.07 | 133.90 | 125.00 | 5/15/2026 | Yes | 9 | 60 | None | |
| HPQ | HP Inc | Options Chain | 0.49 | 0.54 | 0.21 | 1.00 | 0.21 | 0.47 | 23 | 1 | -0.24 | -0.01 | 18.89 | 17.00 | 5/15/2026 | No | 10 | 42 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.85 | 2.25 | 1.00 | 5.00 | 0.20 | 0.45 | 0 | 4 | -0.30 | -0.04 | 58.97 | 55.00 | 5/15/2026 | Yes | 10 | 73 | None | |
| UL | Unilever plc | Options Chain | 1.10 | 1.20 | 0.50 | 2.50 | 0.20 | 0.27 | 19 | 12 | -0.29 | -0.02 | 61.47 | 57.50 | 5/15/2026 | No | 8 | 58 | None | |
| CTRA | Coterra Energy Inc | Options Chain | 0.70 | 1.10 | 0.20 | 1.00 | 0.20 | 0.42 | 0 | 2 | -0.25 | -0.02 | 35.02 | 32.00 | 5/15/2026 | Yes | 15 | 70 | None | |
| T | AT&T Inc | Options Chain | 0.56 | 0.62 | 0.20 | 1.00 | 0.20 | 0.30 | 220 | 176 | -0.27 | -0.01 | 28.76 | 27.00 | 5/15/2026 | Yes | 8 | 57 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 2.65 | 3.00 | 0.20 | 1.00 | 0.20 | 0.70 | 21 | 0 | -0.29 | -0.05 | 49.14 | 45.00 | 5/15/2026 | Yes | 14 | 54 | None | |
| WMT | Walmart Inc | Options Chain | 2.36 | 2.52 | 0.99 | 5.00 | 0.20 | 0.30 | 1044 | 2278 | -0.27 | -0.05 | 120.76 | 115.00 | 5/15/2026 | No | 9 | 56 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.01 | 1.16 | 0.49 | 2.50 | 0.20 | 0.43 | 810 | 206 | -0.21 | -0.03 | 48.31 | 45.00 | 5/15/2026 | Yes | 9 | 64 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.96 | 2.08 | 0.49 | 2.50 | 0.20 | 0.43 | 73 | 69 | -0.25 | -0.04 | 78.60 | 72.50 | 5/15/2026 | Yes | 12 | 76 | None | |
| ECL | Ecolab Inc | Options Chain | 4.50 | 5.70 | 1.90 | 10.00 | 0.19 | 0.30 | 4 | 3 | -0.26 | -0.12 | 264.49 | 250.00 | 5/15/2026 | Yes | 9 | 64 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.94 | 1.38 | 0.45 | 2.50 | 0.18 | 0.38 | 9 | 0 | -0.25 | -0.02 | 51.52 | 47.50 | 5/15/2026 | Yes | 12 | 66 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.95 | 1.15 | 0.44 | 2.50 | 0.18 | 0.34 | 54 | 25 | -0.23 | -0.02 | 57.39 | 52.50 | 5/15/2026 | Yes | 15 | 60 | None | |
| KEY | Keycorp | Options Chain | 0.38 | 0.56 | 0.16 | 1.00 | 0.16 | 0.42 | 6 | 31 | -0.25 | -0.01 | 20.10 | 18.00 | 5/15/2026 | Yes | 15 | 68 | None | |
| SLB | SLB | Options Chain | 1.11 | 1.17 | 0.39 | 2.50 | 0.16 | 0.45 | 43 | 21 | -0.22 | -0.03 | 49.25 | 45.00 | 5/15/2026 | Yes | 6 | 50 | None | |
| KO | Coca-Cola Company | Options Chain | 0.91 | 0.98 | 0.39 | 2.50 | 0.16 | 0.26 | 156 | 152 | -0.25 | -0.03 | 75.20 | 70.00 | 5/15/2026 | Yes | 8 | 62 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.15 | 1.28 | 0.75 | 5.00 | 0.15 | 0.37 | 1870 | 486 | -0.27 | -0.03 | 48.14 | 45.00 | 5/15/2026 | Yes | 10 | 64 | None |