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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 1.35 | 3.30 | 0.93 | 2.50 | 0.37 | 0.52 | 0 | 11 | -0.26 | -0.04 | 66.42 | 60.00 | 12/18/2026 | Yes | 15 | 71 | None | |
| AMAT | Applied Materials Inc | Options Chain | 15.95 | 19.00 | 3.55 | 10.00 | 0.35 | 0.56 | 43 | 20 | -0.28 | -0.31 | 395.93 | 380.00 | 12/18/2026 | Yes | 16 | 68 |
Dividend Stock List |
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| CHRW | C.H. Robinson Worldwide Inc | Options Chain | 2.90 | 4.30 | 1.57 | 5.00 | 0.31 | 0.37 | 13 | 23 | -0.30 | -0.07 | 142.52 | 120.00 | 12/18/2026 | Yes | 15 | 63 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 3.40 | 3.55 | 1.56 | 5.00 | 0.31 | 0.69 | 80 | 54 | -0.30 | -0.06 | 60.84 | 55.00 | 12/18/2026 | Yes | 12 | 59 | None | |
| NVT | nVent Electric plc | Options Chain | 3.80 | 7.20 | 1.55 | 5.00 | 0.31 | 0.60 | 0 | 1 | -0.25 | -0.11 | 134.53 | 125.00 | 12/18/2026 | Yes | 8 | 58 | None | |
| GLW | Corning Inc | Options Chain | 5.20 | 5.65 | 1.55 | 5.00 | 0.31 | 0.56 | 75 | 151 | -0.29 | -0.10 | 126.05 | 120.00 | 12/18/2026 | Yes | 10 | 54 | None | |
| QCOM | Qualcomm Inc | Options Chain | 6.25 | 6.65 | 1.50 | 5.00 | 0.30 | 0.52 | 61 | 78 | -0.27 | -0.12 | 184.70 | 165.00 | 12/18/2026 | Yes | 12 | 70 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.05 | 5.90 | 1.45 | 5.00 | 0.29 | 0.35 | 41 | 64 | -0.26 | -0.10 | 250.25 | 235.00 | 12/18/2026 | No | 13 | 74 | None | |
| ORCL | Oracle Corp | Options Chain | 6.30 | 6.55 | 1.45 | 5.00 | 0.29 | 0.62 | 1099 | 1837 | -0.28 | -0.12 | 130.53 | 130.00 | 12/18/2026 | Yes | 12 | 73 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.59 | 0.77 | 0.28 | 1.00 | 0.28 | 0.26 | 5 | 2 | -0.28 | -0.01 | 33.85 | 32.00 | 12/18/2026 | No | 9 | 59 | None | |
| EXC | Exelon Corp | Options Chain | 0.45 | 1.10 | 0.28 | 1.00 | 0.28 | 0.22 | 11 | 0 | -0.29 | -0.01 | 44.86 | 43.00 | 12/18/2026 | Yes | 8 | 59 | None | |
| AVGO | Broadcom Inc | Options Chain | 8.30 | 8.75 | 1.40 | 5.00 | 0.28 | 0.41 | 29 | 25 | -0.29 | -0.23 | 343.02 | 330.00 | 12/4/2026 | No | 10 | 65 | None | |
| VST | Vistra Corp | Options Chain | 4.30 | 4.85 | 1.38 | 5.00 | 0.28 | 0.50 | 48 | 745 | -0.25 | -0.09 | 146.69 | 130.00 | 12/18/2026 | Yes | 8 | 54 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.32 | 1.81 | 0.69 | 2.50 | 0.28 | 0.35 | 314 | 101 | -0.29 | -0.03 | 62.00 | 57.50 | 12/18/2026 | Yes | 16 | 70 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.24 | 2.55 | 0.68 | 2.50 | 0.27 | 0.41 | 27 | 185 | -0.28 | -0.05 | 81.60 | 75.00 | 12/18/2026 | No | 10 | 58 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.51 | 2.74 | 0.67 | 2.50 | 0.27 | 0.43 | 6 | 2 | -0.24 | -0.06 | 111.90 | 100.00 | 12/18/2026 | Yes | 8 | 62 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 5.70 | 7.80 | 2.65 | 10.00 | 0.27 | 0.41 | 292 | 23 | -0.28 | -0.13 | 253.50 | 230.00 | 12/18/2026 | Yes | 11 | 67 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.23 | 1.40 | 0.63 | 2.50 | 0.25 | 0.39 | 92 | 80 | -0.28 | -0.03 | 51.15 | 47.50 | 12/18/2026 | Yes | 10 | 56 | None | |
| ETN | Eaton Corporation plc | Options Chain | 9.90 | 12.70 | 2.50 | 10.00 | 0.25 | 0.45 | 13 | 1 | -0.26 | -0.23 | 385.68 | 360.00 | 12/18/2026 | Yes | 9 | 68 | None | |
| VTRS | Viatris Inc | Options Chain | 0.15 | 0.70 | 0.25 | 1.00 | 0.25 | 0.40 | 0 | 1 | -0.22 | -0.01 | 18.72 | 17.00 | 12/18/2026 | Yes | 6 | 51 | None | |
| GRMN | Garmin Ltd | Options Chain | 4.30 | 7.10 | 2.45 | 10.00 | 0.25 | 0.29 | 72 | 30 | -0.30 | -0.12 | 289.34 | 260.00 | 12/18/2026 | Yes | 15 | 55 |
Dividend Stock List |
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| V | Visa Inc - Class A | Options Chain | 5.50 | 6.00 | 1.22 | 5.00 | 0.24 | 0.22 | 36 | 129 | -0.27 | -0.12 | 397.25 | 385.00 | 12/18/2026 | Yes | 10 | 69 | None | |
| OKE | Oneok Inc | Options Chain | 1.20 | 1.90 | 0.60 | 2.50 | 0.24 | 0.30 | 6 | 9 | -0.23 | -0.03 | 96.01 | 87.50 | 12/18/2026 | Yes | 11 | 63 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.15 | 3.40 | 1.18 | 5.00 | 0.24 | 0.30 | 76 | 255 | -0.25 | -0.06 | 179.68 | 170.00 | 12/18/2026 | Yes | 12 | 71 | None | |
| MDT | Medtronic Plc | Options Chain | 1.68 | 1.86 | 0.59 | 2.50 | 0.24 | 0.28 | 175 | 5 | -0.28 | -0.04 | 93.95 | 90.00 | 12/18/2026 | Yes | 14 | 71 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.75 | 2.05 | 1.17 | 5.00 | 0.23 | 0.43 | 65 | 28 | -0.24 | -0.04 | 78.10 | 70.00 | 12/18/2026 | Yes | 11 | 55 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.75 | 5.45 | 1.17 | 5.00 | 0.23 | 0.23 | 57 | 71 | -0.27 | -0.12 | 335.79 | 325.00 | 12/18/2026 | No | 9 | 78 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.10 | 10.45 | 2.33 | 10.00 | 0.23 | 0.36 | 369 | 84 | -0.27 | -0.21 | 437.81 | 410.00 | 12/18/2026 | No | 23 | 68 |
Dividend Stock List |
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| WFC | Wells Fargo & Company | Options Chain | 1.50 | 1.70 | 0.58 | 2.50 | 0.23 | 0.26 | 332 | 274 | -0.29 | -0.03 | 82.62 | 80.00 | 12/18/2026 | No | 12 | 65 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.50 | 7.90 | 2.30 | 10.00 | 0.23 | 0.31 | 115 | 40 | -0.26 | -0.15 | 410.40 | 380.00 | 12/18/2026 | No | 13 | 64 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 3.40 | 4.70 | 1.15 | 5.00 | 0.23 | 0.41 | 15 | 91 | -0.29 | -0.07 | 146.83 | 135.00 | 12/18/2026 | Yes | 12 | 78 | None | |
| CP | Canadian Pacific Kansas City Ltd | Options Chain | 0.00 | 3.00 | 0.57 | 2.50 | 0.23 | 0.39 | 0 | 1 | -0.22 | -0.03 | 91.05 | 85.00 | 12/18/2026 | Yes | 7 | 62 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.20 | 1.32 | 0.56 | 2.50 | 0.22 | 0.22 | 45 | 29 | -0.29 | -0.02 | 82.42 | 77.50 | 12/18/2026 | No | 11 | 72 | None | |
| GE | General Electric Company | Options Chain | 5.15 | 5.90 | 2.13 | 10.00 | 0.21 | 0.33 | 51 | 40 | -0.23 | -0.14 | 298.06 | 280.00 | 12/18/2026 | No | 11 | 64 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 1.85 | 2.50 | 0.53 | 2.50 | 0.21 | 0.40 | 370 | 106 | -0.28 | -0.05 | 78.21 | 75.00 | 12/18/2026 | Yes | 8 | 55 | None | |
| F | Ford Motor Company | Options Chain | 0.27 | 0.34 | 0.21 | 1.00 | 0.21 | 0.39 | 141 | 37 | -0.26 | 0.00 | 11.74 | 11.00 | 12/18/2026 | Yes | 9 | 51 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.74 | 0.83 | 0.21 | 1.00 | 0.21 | 0.26 | 190 | 999 | -0.27 | -0.02 | 50.73 | 48.00 | 12/18/2026 | No | 12 | 74 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.45 | 1.75 | 0.52 | 2.50 | 0.21 | 0.32 | 18 | 6 | -0.25 | -0.04 | 86.00 | 80.00 | 12/18/2026 | No | 14 | 73 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.95 | 3.25 | 1.02 | 5.00 | 0.20 | 0.24 | 65 | 114 | -0.24 | -0.07 | 249.47 | 235.00 | 12/18/2026 | Yes | 9 | 59 | None | |
| AON | Aon plc. - Class A | Options Chain | 4.10 | 6.60 | 2.02 | 10.00 | 0.20 | 0.27 | 2 | 8 | -0.26 | -0.14 | 302.00 | 300.00 | 12/18/2026 | Yes | 10 | 60 | None | |
| PCG | PG&E Corp | Options Chain | 0.30 | 0.45 | 0.20 | 1.00 | 0.20 | 0.46 | 81 | 663 | -0.25 | -0.01 | 12.96 | 12.00 | 12/18/2026 | No | 9 | 54 | None | |
| KEY | Keycorp | Options Chain | 0.25 | 0.65 | 0.20 | 1.00 | 0.20 | 0.28 | 1 | 23 | -0.28 | 0.00 | 21.15 | 20.00 | 12/18/2026 | No | 10 | 58 | None | |
| EQT | EQT Corp | Options Chain | 0.81 | 1.13 | 0.49 | 2.50 | 0.20 | 0.31 | 26 | 127 | -0.26 | -0.03 | 55.98 | 52.50 | 12/18/2026 | Yes | 10 | 60 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 0.95 | 1.15 | 0.57 | 3.00 | 0.19 | 0.38 | 32 | 7 | -0.21 | -0.02 | 58.61 | 50.00 | 12/18/2026 | Yes | 15 | 68 | None | |
| C | Citigroup Inc | Options Chain | 1.75 | 1.96 | 0.92 | 5.00 | 0.18 | 0.30 | 167 | 64 | -0.24 | -0.05 | 122.69 | 115.00 | 12/18/2026 | No | 14 | 70 | None | |
| NVO | Novo Nordisk | Options Chain | 0.70 | 0.75 | 0.46 | 2.50 | 0.18 | 0.37 | 34 | 7 | -0.22 | -0.02 | 38.67 | 35.00 | 12/18/2026 | Yes | 14 | 59 | None | |
| KO | Coca-Cola Company | Options Chain | 0.91 | 1.01 | 0.45 | 2.50 | 0.18 | 0.20 | 148 | 376 | -0.24 | -0.02 | 91.18 | 87.50 | 12/18/2026 | Yes | 9 | 61 | None | |
| AJG | Arthur J. Gallagher & Company | Options Chain | 3.50 | 6.30 | 1.75 | 10.00 | 0.17 | 0.34 | 0 | 2 | -0.23 | -0.11 | 259.01 | 240.00 | 12/18/2026 | Yes | 8 | 61 | None | |
| WMT | Walmart Inc | Options Chain | 1.68 | 1.77 | 0.85 | 5.00 | 0.17 | 0.30 | 387 | 144 | -0.22 | -0.05 | 119.28 | 110.00 | 12/18/2026 | Yes | 9 | 57 | None | |
| CVX | Chevron Corp | Options Chain | 2.68 | 3.10 | 1.55 | 10.00 | 0.15 | 0.30 | 101 | 70 | -0.19 | -0.07 | 228.00 | 210.00 | 12/18/2026 | Yes | 12 | 76 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.10 | 0.35 | 0.15 | 1.00 | 0.15 | 0.34 | 0 | 17 | -0.13 | 0.00 | 15.70 | 14.00 | 12/18/2026 | No | 13 | 66 | None | |
| BCS | Barclays plc | Options Chain | 0.30 | 0.45 | 0.15 | 1.00 | 0.15 | 0.34 | 2 | 0 | -0.21 | -0.01 | 22.60 | 21.00 | 12/18/2026 | No | 18 | 69 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.53 | 0.76 | 0.15 | 1.00 | 0.15 | 0.26 | 962 | 122 | -0.26 | -0.02 | 43.93 | 41.00 | 12/18/2026 | Yes | 8 | 64 | None |