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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DELL | Dell Technologies Inc - Class C | Options Chain | 27.45 | 28.80 | 3.50 | 10.00 | 0.35 | 0.73 | 9 | 26 | -0.30 | -0.46 | 451.40 | 420.00 | 10/16/2026 | Yes | 11 | 53 | None | |
| ORCL | Oracle Corp | Options Chain | 7.30 | 7.65 | 1.73 | 5.00 | 0.35 | 0.64 | 159 | 171 | -0.30 | -0.12 | 144.92 | 135.00 | 10/16/2026 | Yes | 10 | 67 | None | |
| HPQ | HP Inc | Options Chain | 0.81 | 1.10 | 0.33 | 1.00 | 0.33 | 0.51 | 13 | 194 | -0.25 | -0.01 | 29.20 | 27.00 | 10/16/2026 | Yes | 12 | 45 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 3.00 | 3.15 | 1.62 | 5.00 | 0.32 | 0.68 | 569 | 67 | -0.30 | -0.05 | 53.43 | 50.00 | 10/16/2026 | Yes | 8 | 52 | None | |
| AVGO | Broadcom Inc | Options Chain | 12.50 | 13.20 | 3.22 | 10.00 | 0.32 | 0.47 | 155 | 344 | -0.30 | -0.23 | 357.50 | 330.00 | 10/16/2026 | Yes | 13 | 64 | None | |
| MDT | Medtronic Plc | Options Chain | 1.72 | 2.11 | 0.78 | 2.50 | 0.31 | 0.28 | 5 | 103 | -0.30 | -0.03 | 91.73 | 87.50 | 10/16/2026 | Yes | 12 | 65 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.00 | 6.70 | 1.55 | 5.00 | 0.31 | 0.26 | 57 | 116 | -0.28 | -0.12 | 356.73 | 340.00 | 10/16/2026 | Yes | 12 | 80 | None | |
| INTU | Intuit Inc | Options Chain | 10.80 | 12.40 | 3.05 | 10.00 | 0.30 | 0.45 | 46 | 67 | -0.29 | -0.20 | 320.88 | 320.00 | 10/16/2026 | Yes | 12 | 58 | None | |
| A | Agilent Technologies Inc | Options Chain | 2.50 | 6.00 | 1.52 | 5.00 | 0.30 | 0.39 | 10 | 400 | -0.27 | -0.08 | 155.85 | 145.00 | 10/16/2026 | Yes | 12 | 65 | None | |
| GLW | Corning Inc | Options Chain | 6.10 | 6.45 | 1.50 | 5.00 | 0.30 | 0.63 | 158 | 113 | -0.26 | -0.12 | 146.98 | 135.00 | 10/16/2026 | No | 8 | 52 | None | |
| V | Visa Inc - Class A | Options Chain | 5.60 | 6.50 | 1.50 | 5.00 | 0.30 | 0.22 | 21 | 32 | -0.29 | -0.13 | 384.14 | 370.00 | 10/16/2026 | No | 10 | 69 | None | |
| CRM | Salesforce Inc | Options Chain | 5.80 | 6.95 | 1.48 | 5.00 | 0.30 | 0.44 | 88 | 64 | -0.28 | -0.12 | 203.77 | 190.00 | 10/16/2026 | Yes | 14 | 70 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.25 | 10.90 | 2.80 | 10.00 | 0.28 | 0.37 | 43 | 178 | -0.27 | -0.20 | 417.70 | 390.00 | 10/16/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| QCOM | Qualcomm Inc | Options Chain | 4.35 | 4.80 | 1.40 | 5.00 | 0.28 | 0.42 | 439 | 63 | -0.27 | -0.08 | 160.00 | 150.00 | 10/16/2026 | No | 10 | 63 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.30 | 1.90 | 0.67 | 2.50 | 0.27 | 0.41 | 1 | 5 | -0.26 | -0.03 | 62.41 | 57.50 | 10/16/2026 | No | 9 | 55 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.70 | 4.95 | 1.33 | 5.00 | 0.27 | 0.34 | 17 | 52 | -0.26 | -0.11 | 233.20 | 215.00 | 10/16/2026 | No | 9 | 66 | None | |
| TGT | Target Corp | Options Chain | 3.30 | 3.50 | 1.29 | 5.00 | 0.26 | 0.31 | 63 | 95 | -0.27 | -0.08 | 163.37 | 155.00 | 10/16/2026 | No | 14 | 72 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 24.30 | 30.85 | 2.55 | 10.00 | 0.26 | 0.32 | 7 | 15 | -0.30 | -0.59 | 1,231.88 | 1,130.00 | 10/16/2026 | No | 10 | 67 | None | |
| CVS | CVS Health Corp | Options Chain | 1.07 | 1.83 | 0.63 | 2.50 | 0.25 | 0.29 | 18 | 18 | -0.24 | -0.04 | 92.91 | 87.50 | 10/16/2026 | No | 14 | 71 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.00 | 9.70 | 1.25 | 5.00 | 0.25 | 0.26 | 77 | 197 | -0.29 | -0.20 | 489.51 | 475.00 | 10/16/2026 | No | 14 | 72 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.45 | 0.60 | 0.25 | 1.00 | 0.25 | 0.37 | 7 | 3 | -0.26 | -0.01 | 23.04 | 21.00 | 10/16/2026 | No | 10 | 59 | None | |
| PCG | PG&E Corp | Options Chain | 0.52 | 0.60 | 0.25 | 1.00 | 0.25 | 0.42 | 45 | 8 | -0.29 | -0.01 | 18.38 | 17.00 | 10/16/2026 | No | 9 | 52 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.40 | 0.67 | 0.25 | 1.00 | 0.25 | 0.18 | 15 | 24 | -0.30 | -0.01 | 38.42 | 38.00 | 10/16/2026 | No | 12 | 68 | None | |
| EQNR | Equinor ASA | Options Chain | 1.00 | 1.30 | 0.25 | 1.00 | 0.25 | 0.37 | 0 | 3 | -0.30 | -0.02 | 41.32 | 39.00 | 10/16/2026 | No | 10 | 50 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.63 | 0.69 | 0.24 | 1.00 | 0.24 | 0.25 | 26 | 25 | -0.23 | -0.01 | 50.15 | 47.00 | 10/16/2026 | No | 10 | 74 | None | |
| TXN | Texas Instruments Inc | Options Chain | 5.65 | 6.40 | 2.38 | 10.00 | 0.24 | 0.39 | 17 | 16 | -0.25 | -0.14 | 260.83 | 240.00 | 10/16/2026 | No | 12 | 68 | None | |
| AA | Alcoa Corp | Options Chain | 1.62 | 1.72 | 1.17 | 5.00 | 0.23 | 0.52 | 38 | 85 | -0.25 | -0.03 | 50.75 | 45.00 | 10/16/2026 | Yes | 16 | 52 | None | |
| SLB | SLB | Options Chain | 1.19 | 1.36 | 0.58 | 2.50 | 0.23 | 0.35 | 289 | 75 | -0.28 | -0.02 | 53.05 | 50.00 | 10/16/2026 | No | 8 | 63 | None | |
| BG | Bunge Global SA | Options Chain | 1.65 | 2.20 | 1.15 | 5.00 | 0.23 | 0.32 | 2 | 5 | -0.23 | -0.05 | 111.71 | 105.00 | 10/16/2026 | No | 12 | 71 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.02 | 1.05 | 0.57 | 2.50 | 0.23 | 0.44 | 822 | 141 | -0.26 | -0.02 | 39.55 | 35.00 | 10/16/2026 | Yes | 14 | 59 | None | |
| GIS | General Mills Inc | Options Chain | 0.85 | 0.95 | 0.57 | 2.50 | 0.23 | 0.33 | 108 | 37 | -0.29 | -0.02 | 40.00 | 37.50 | 10/16/2026 | Yes | 5 | 52 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.71 | 3.10 | 1.11 | 5.00 | 0.22 | 0.28 | 188 | 187 | -0.28 | -0.07 | 160.00 | 150.00 | 10/16/2026 | No | 13 | 73 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.45 | 1.60 | 0.55 | 2.50 | 0.22 | 0.31 | 3 | 6 | -0.26 | -0.04 | 79.09 | 75.00 | 10/16/2026 | No | 17 | 52 | None | |
| C | Citigroup Inc | Options Chain | 2.30 | 2.60 | 1.08 | 5.00 | 0.22 | 0.31 | 38 | 53 | -0.25 | -0.06 | 133.25 | 125.00 | 10/16/2026 | Yes | 17 | 78 | None | |
| APA | APA Corporation | Options Chain | 0.66 | 1.30 | 0.53 | 2.50 | 0.21 | 0.42 | 63 | 15 | -0.25 | -0.02 | 41.26 | 37.50 | 10/16/2026 | No | 14 | 63 | None | |
| CVX | Chevron Corp | Options Chain | 2.88 | 3.15 | 1.05 | 5.00 | 0.21 | 0.26 | 235 | 108 | -0.24 | -0.08 | 199.69 | 190.00 | 10/16/2026 | No | 11 | 69 | None | |
| CHRW | C.H. Robinson Worldwide Inc | Options Chain | 2.80 | 3.50 | 1.05 | 5.00 | 0.21 | 0.35 | 2 | 1 | -0.26 | -0.06 | 143.75 | 140.00 | 10/16/2026 | No | 14 | 63 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.96 | 2.10 | 1.03 | 5.00 | 0.21 | 0.49 | 701 | 268 | -0.22 | -0.05 | 79.78 | 70.00 | 10/16/2026 | No | 10 | 59 | None | |
| SJM | J.M. Smucker Company | Options Chain | 1.50 | 3.10 | 1.02 | 5.00 | 0.20 | 0.25 | 27 | 15 | -0.29 | -0.05 | 123.30 | 125.00 | 10/16/2026 | Yes | 7 | 57 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.27 | 1.40 | 0.51 | 2.50 | 0.20 | 0.28 | 93 | 110 | -0.24 | -0.04 | 84.75 | 80.00 | 10/16/2026 | Yes | 16 | 74 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.90 | 7.45 | 2.03 | 10.00 | 0.20 | 0.33 | 77 | 83 | -0.24 | -0.15 | 396.30 | 370.00 | 10/16/2026 | No | 13 | 65 | None | |
| EXC | Exelon Corp | Options Chain | 0.40 | 0.65 | 0.20 | 1.00 | 0.20 | 0.21 | 17 | 0 | -0.23 | -0.01 | 44.34 | 42.00 | 10/16/2026 | No | 11 | 64 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.96 | 2.20 | 0.97 | 5.00 | 0.19 | 0.31 | 383 | 189 | -0.26 | -0.05 | 111.10 | 105.00 | 10/16/2026 | No | 10 | 63 | None | |
| WMT | Walmart Inc | Options Chain | 1.54 | 1.60 | 0.97 | 5.00 | 0.19 | 0.23 | 655 | 927 | -0.27 | -0.04 | 105.35 | 100.00 | 10/16/2026 | No | 9 | 60 | None | |
| CARR | Carrier Global Corp | Options Chain | 0.90 | 1.25 | 0.48 | 2.50 | 0.19 | 0.32 | 8 | 8 | -0.25 | -0.03 | 58.52 | 55.00 | 10/16/2026 | No | 6 | 60 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.40 | 1.85 | 0.95 | 5.00 | 0.19 | 0.36 | 21 | 1 | -0.30 | -0.03 | 64.30 | 60.00 | 10/16/2026 | No | 12 | 72 | None | |
| F | Ford Motor Company | Options Chain | 0.26 | 0.30 | 0.19 | 1.00 | 0.19 | 0.33 | 236 | 52 | -0.25 | -0.01 | 13.95 | 13.00 | 10/16/2026 | No | 9 | 48 | None | |
| DOW | Dow Inc | Options Chain | 0.55 | 0.78 | 0.46 | 2.50 | 0.18 | 0.38 | 16 | 19 | -0.24 | -0.01 | 30.24 | 27.50 | 10/16/2026 | No | 8 | 54 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.33 | 0.45 | 0.18 | 1.00 | 0.18 | 0.25 | 17 | 85 | -0.21 | -0.01 | 31.02 | 30.00 | 10/16/2026 | No | 10 | 61 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.45 | 0.18 | 1.00 | 0.18 | 0.25 | 100 | 19 | -0.29 | -0.01 | 21.94 | 21.00 | 10/16/2026 | Yes | 10 | 59 | None | |
| MO | Altria Group Inc | Options Chain | 0.79 | 1.09 | 0.44 | 2.50 | 0.18 | 0.23 | 231 | 13 | -0.22 | -0.01 | 68.10 | 65.00 | 10/16/2026 | No | 9 | 66 | None | |
| OKE | Oneok Inc | Options Chain | 1.50 | 1.80 | 0.87 | 5.00 | 0.17 | 0.27 | 13 | 13 | -0.27 | -0.04 | 91.79 | 90.00 | 10/16/2026 | No | 11 | 64 | None | |
| EQT | EQT Corp | Options Chain | 0.58 | 0.82 | 0.43 | 2.50 | 0.17 | 0.32 | 46 | 12 | -0.17 | -0.02 | 54.05 | 50.00 | 10/16/2026 | No | 15 | 69 | None | |
| PPL | PPL Corp | Options Chain | 0.25 | 0.65 | 0.17 | 1.00 | 0.17 | 0.23 | 0 | 2 | -0.25 | -0.01 | 34.91 | 33.00 | 10/16/2026 | No | 7 | 60 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.67 | 0.81 | 0.39 | 2.50 | 0.16 | 0.35 | 37 | 22 | -0.20 | -0.02 | 46.82 | 42.50 | 10/16/2026 | No | 10 | 57 | None | |
| KO | Coca-Cola Company | Options Chain | 0.73 | 0.80 | 0.39 | 2.50 | 0.16 | 0.19 | 293 | 134 | -0.21 | -0.02 | 91.55 | 85.00 | 10/16/2026 | No | 10 | 67 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.83 | 0.95 | 0.39 | 2.50 | 0.16 | 0.27 | 69 | 13 | -0.23 | -0.02 | 67.92 | 62.50 | 10/16/2026 | No | 11 | 63 | None | |
| NVO | Novo Nordisk | Options Chain | 0.64 | 0.71 | 0.38 | 2.50 | 0.15 | 0.36 | 632 | 35 | -0.19 | -0.02 | 48.61 | 42.50 | 10/16/2026 | No | 11 | 49 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.15 | 0.30 | 0.15 | 1.00 | 0.15 | 0.41 | 15 | 0 | -0.21 | 0.00 | 10.35 | 9.00 | 10/16/2026 | Yes | 19 | 62 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.60 | 1.00 | 0.15 | 1.00 | 0.15 | 0.26 | 0 | 16 | -0.30 | -0.02 | 42.60 | 41.00 | 10/16/2026 | Yes | 15 | 77 | None |