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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AVGO | Broadcom Inc | Options Chain | 11.25 | 13.15 | 1.60 | 5.00 | 0.32 | 0.58 | 6 | 4 | -0.29 | -0.27 | 318.50 | 290.00 | 4/10/2026 | Yes | 9 | 65 | None | |
| ORCL | Oracle Corp | Options Chain | 7.50 | 7.90 | 1.55 | 5.00 | 0.31 | 0.71 | 129 | 277 | -0.29 | -0.13 | 147.20 | 130.00 | 4/17/2026 | Yes | 7 | 60 | None | |
| HAL | Halliburton Company | Options Chain | 0.86 | 1.07 | 0.31 | 1.00 | 0.31 | 0.43 | 34 | 8 | -0.26 | -0.02 | 35.58 | 33.00 | 4/17/2026 | No | 10 | 55 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.75 | 2.95 | 0.77 | 2.50 | 0.31 | 0.34 | 1 | 20 | -0.26 | -0.02 | 99.39 | 92.50 | 4/17/2026 | No | 10 | 71 | None | |
| NEM | Newmont Corp | Options Chain | 4.60 | 5.00 | 1.45 | 5.00 | 0.29 | 0.50 | 678 | 710 | -0.29 | -0.09 | 126.49 | 120.00 | 4/17/2026 | No | 15 | 73 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.51 | 0.90 | 0.29 | 1.00 | 0.29 | 0.56 | 9 | 0 | -0.22 | -0.01 | 21.05 | 19.00 | 4/17/2026 | Yes | 8 | 54 | None | |
| AXP | American Express Company | Options Chain | 9.10 | 9.55 | 2.80 | 10.00 | 0.28 | 0.40 | 180 | 239 | -0.30 | -0.16 | 328.00 | 290.00 | 4/17/2026 | Yes | 11 | 62 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.45 | 6.80 | 1.35 | 5.00 | 0.27 | 0.39 | 23 | 92 | -0.28 | -0.14 | 242.01 | 225.00 | 4/17/2026 | No | 14 | 73 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.50 | 1.57 | 0.67 | 2.50 | 0.27 | 0.38 | 267 | 13 | -0.30 | -0.03 | 51.38 | 50.00 | 4/17/2026 | Yes | 7 | 54 | None | |
| DHI | D.R. Horton Inc | Options Chain | 3.70 | 4.20 | 1.32 | 5.00 | 0.26 | 0.38 | 4 | 0 | -0.26 | -0.10 | 158.00 | 150.00 | 4/17/2026 | No | 13 | 64 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.45 | 3.90 | 1.30 | 5.00 | 0.26 | 0.33 | 253 | 385 | -0.28 | -0.07 | 148.41 | 145.00 | 4/17/2026 | No | 9 | 66 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.90 | 1.06 | 0.26 | 1.00 | 0.26 | 0.25 | 112 | 341 | -0.30 | -0.01 | 48.87 | 48.00 | 4/17/2026 | No | 10 | 73 | None | |
| AA | Alcoa Corp | Options Chain | 2.61 | 2.77 | 1.28 | 5.00 | 0.26 | 0.66 | 32 | 8 | -0.26 | -0.05 | 63.02 | 55.00 | 4/17/2026 | Yes | 12 | 51 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 6.30 | 7.70 | 2.50 | 10.00 | 0.25 | 0.43 | 2 | 1 | -0.29 | -0.12 | 230.40 | 210.00 | 4/17/2026 | No | 9 | 66 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 4.35 | 4.70 | 1.25 | 5.00 | 0.25 | 0.48 | 221 | 421 | -0.26 | -0.10 | 135.50 | 135.00 | 4/17/2026 | Yes | 17 | 63 | None | |
| MSFT | Microsoft Corporation | Options Chain | 7.20 | 7.80 | 1.25 | 5.00 | 0.25 | 0.30 | 111 | 141 | -0.29 | -0.19 | 397.40 | 375.00 | 4/10/2026 | No | 15 | 72 | None | |
| RF | Regions Financial Corp | Options Chain | 0.60 | 0.80 | 0.25 | 1.00 | 0.25 | 0.35 | 1 | 0 | -0.29 | -0.01 | 29.32 | 26.00 | 4/17/2026 | Yes | 15 | 69 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.21 | 2.50 | 0.62 | 2.50 | 0.25 | 0.53 | 86 | 63 | -0.27 | -0.05 | 70.51 | 60.00 | 4/17/2026 | Yes | 11 | 58 | None | |
| SHEL | Shell Plc ADR (Representing - ) | Options Chain | 1.50 | 1.70 | 0.62 | 2.50 | 0.25 | 0.27 | 200 | 758 | -0.29 | -0.03 | 81.23 | 80.00 | 4/17/2026 | No | 15 | 64 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.05 | 10.70 | 2.45 | 10.00 | 0.25 | 0.47 | 171 | 393 | -0.25 | -0.23 | 376.01 | 340.00 | 4/17/2026 | Yes | 22 | 66 |
Dividend Stock List |
|
| KKR | KKR & Co. Inc | Options Chain | 3.50 | 3.90 | 1.22 | 5.00 | 0.24 | 0.58 | 204 | 37 | -0.28 | -0.07 | 92.80 | 80.00 | 4/17/2026 | No | 9 | 64 | None | |
| APO | Apollo Global Management Inc | Options Chain | 3.80 | 4.10 | 1.22 | 5.00 | 0.24 | 0.55 | 351 | 138 | -0.28 | -0.08 | 114.20 | 95.00 | 4/17/2026 | No | 13 | 63 | None | |
| EQT | EQT Corp | Options Chain | 1.42 | 1.55 | 0.61 | 2.50 | 0.24 | 0.36 | 84 | 4 | -0.28 | -0.03 | 60.00 | 57.50 | 4/17/2026 | No | 14 | 70 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 2.35 | 2.70 | 1.20 | 5.00 | 0.24 | 0.64 | 83 | 203 | -0.23 | -0.05 | 67.28 | 60.00 | 4/17/2026 | Yes | 14 | 55 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.80 | 2.05 | 0.60 | 2.50 | 0.24 | 0.36 | 5 | 2 | -0.25 | -0.02 | 81.71 | 75.00 | 4/17/2026 | No | 12 | 24 | None | |
| HPQ | HP Inc | Options Chain | 0.46 | 0.61 | 0.24 | 1.00 | 0.24 | 0.47 | 13 | 13 | -0.24 | -0.01 | 18.90 | 17.00 | 4/17/2026 | No | 9 | 42 | None | |
| TGT | Target Corp | Options Chain | 3.20 | 3.40 | 1.17 | 5.00 | 0.23 | 0.45 | 353 | 79 | -0.27 | -0.07 | 114.67 | 105.00 | 4/17/2026 | Yes | 9 | 57 | None | |
| MCHP | Microchip Technology Inc | Options Chain | 2.10 | 2.35 | 0.58 | 2.50 | 0.23 | 0.49 | 1 | 2 | -0.25 | -0.05 | 74.01 | 67.50 | 4/17/2026 | No | 3 | 58 | None | |
| EXC | Exelon Corp | Options Chain | 0.65 | 0.70 | 0.23 | 1.00 | 0.23 | 0.22 | 7 | 7 | -0.26 | -0.01 | 48.80 | 47.00 | 4/17/2026 | No | 10 | 69 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.48 | 0.57 | 0.23 | 1.00 | 0.23 | 0.21 | 2 | 0 | -0.30 | -0.01 | 35.96 | 35.00 | 4/17/2026 | No | 8 | 58 | None | |
| RTX | RTX Corp | Options Chain | 4.35 | 5.20 | 1.15 | 5.00 | 0.23 | 0.35 | 25 | 32 | -0.27 | -0.10 | 196.76 | 190.00 | 4/17/2026 | No | 13 | 64 | None | |
| MET | Metlife Inc | Options Chain | 1.65 | 2.05 | 0.57 | 2.50 | 0.23 | 0.37 | 14 | 104 | -0.27 | -0.04 | 75.85 | 67.50 | 4/17/2026 | No | 13 | 62 | None | |
| PRU | Prudential Financial Inc | Options Chain | 1.80 | 2.20 | 0.57 | 2.50 | 0.23 | 0.32 | 14 | 106 | -0.27 | -0.04 | 102.11 | 92.50 | 4/17/2026 | No | 18 | 70 | None | |
| TOL | Toll Brothers Inc | Options Chain | 2.65 | 3.60 | 1.10 | 5.00 | 0.22 | 0.37 | 14 | 1 | -0.23 | -0.08 | 159.90 | 145.00 | 4/17/2026 | No | 14 | 67 | None | |
| COF | Capital One Financial Corp | Options Chain | 5.10 | 5.50 | 1.10 | 5.00 | 0.22 | 0.43 | 208 | 31 | -0.26 | -0.12 | 202.76 | 180.00 | 4/17/2026 | No | 10 | 67 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.40 | 7.05 | 1.10 | 5.00 | 0.22 | 0.34 | 225 | 97 | -0.28 | -0.13 | 303.42 | 280.00 | 4/17/2026 | Yes | 10 | 79 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.55 | 2.00 | 0.55 | 2.50 | 0.22 | 0.46 | 1 | 61 | -0.27 | -0.03 | 55.99 | 52.50 | 4/17/2026 | No | 7 | 55 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.70 | 0.22 | 1.00 | 0.22 | 0.41 | 5 | 2 | -0.29 | -0.01 | 18.20 | 17.00 | 4/17/2026 | Yes | 9 | 66 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.90 | 7.35 | 2.13 | 10.00 | 0.21 | 0.39 | 166 | 221 | -0.28 | -0.15 | 286.66 | 270.00 | 4/17/2026 | Yes | 10 | 58 | None | |
| TRGP | Targa Resources Corp | Options Chain | 3.90 | 5.70 | 2.12 | 10.00 | 0.21 | 0.34 | 0 | 1 | -0.25 | -0.11 | 231.22 | 220.00 | 4/17/2026 | No | 10 | 62 | None | |
| MCO | Moody`s Corp | Options Chain | 8.50 | 11.40 | 2.10 | 10.00 | 0.21 | 0.32 | 2 | 5 | -0.28 | -0.19 | 477.01 | 450.00 | 4/17/2026 | No | 9 | 61 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 3.80 | 4.50 | 1.05 | 5.00 | 0.21 | 0.39 | 2 | 0 | -0.26 | -0.08 | 166.98 | 160.00 | 4/17/2026 | No | 9 | 70 | None | |
| KEY | Keycorp | Options Chain | 0.39 | 0.59 | 0.21 | 1.00 | 0.21 | 0.39 | 82 | 651 | -0.25 | -0.01 | 21.64 | 19.00 | 4/17/2026 | Yes | 9 | 59 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.99 | 2.10 | 0.52 | 2.50 | 0.21 | 0.41 | 552 | 1250 | -0.25 | -0.05 | 85.53 | 75.00 | 4/17/2026 | Yes | 12 | 75 | None | |
| GIS | General Mills Inc | Options Chain | 0.85 | 1.15 | 0.52 | 2.50 | 0.21 | 0.33 | 154 | 57 | -0.29 | -0.02 | 44.92 | 42.50 | 4/17/2026 | Yes | 11 | 63 | None | |
| SLB | SLB | Options Chain | 1.24 | 1.29 | 0.51 | 2.50 | 0.20 | 0.39 | 180 | 19 | -0.26 | -0.03 | 51.39 | 47.50 | 4/17/2026 | No | 8 | 65 | None | |
| QCOM | Qualcomm Inc | Options Chain | 2.69 | 2.86 | 1.00 | 5.00 | 0.20 | 0.37 | 72 | 34 | -0.23 | -0.05 | 145.13 | 130.00 | 4/17/2026 | No | 11 | 70 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.67 | 1.86 | 0.99 | 5.00 | 0.20 | 0.51 | 119 | 156 | -0.22 | -0.04 | 68.12 | 60.00 | 4/17/2026 | No | 11 | 57 | None | |
| GM | General Motors Company | Options Chain | 1.43 | 1.67 | 0.49 | 2.50 | 0.20 | 0.36 | 45 | 18 | -0.24 | -0.04 | 80.77 | 72.50 | 4/17/2026 | No | 12 | 67 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.90 | 1.02 | 0.49 | 2.50 | 0.20 | 0.39 | 27 | 22 | -0.25 | -0.02 | 42.47 | 40.00 | 4/17/2026 | No | 9 | 64 | None | |
| CFG | Citizens Financial Group Inc | Options Chain | 1.10 | 1.45 | 0.48 | 2.50 | 0.19 | 0.39 | 1 | 20 | -0.25 | -0.03 | 62.71 | 55.00 | 4/17/2026 | Yes | 13 | 68 | None | |
| CG | Carlyle Group Inc (The) | Options Chain | 1.45 | 2.05 | 0.47 | 2.50 | 0.19 | 0.51 | 16 | 4 | -0.27 | -0.04 | 54.00 | 47.50 | 4/17/2026 | No | 10 | 69 | None | |
| JEF | Jefferies Financial Group Inc | Options Chain | 1.45 | 2.15 | 0.47 | 2.50 | 0.19 | 0.59 | 818 | 49 | -0.28 | -0.04 | 48.96 | 40.00 | 4/17/2026 | Yes | 13 | 72 | None | |
| GS | Goldman Sachs Group Inc | Options Chain | 25.60 | 27.15 | 0.93 | 5.00 | 0.19 | 0.42 | 65 | 6 | -0.30 | -0.46 | 925.00 | 800.00 | 4/17/2026 | Yes | 13 | 76 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.26 | 1.46 | 0.46 | 2.50 | 0.18 | 0.27 | 222 | 498 | -0.27 | -0.02 | 77.88 | 75.00 | 4/17/2026 | No | 9 | 65 | None | |
| WMT | Walmart Inc | Options Chain | 1.99 | 2.17 | 0.90 | 5.00 | 0.18 | 0.28 | 2993 | 392 | -0.24 | -0.04 | 124.06 | 120.00 | 4/17/2026 | No | 8 | 56 | None | |
| C | Citigroup Inc | Options Chain | 2.42 | 2.60 | 0.89 | 5.00 | 0.18 | 0.42 | 261 | 57 | -0.23 | -0.06 | 115.00 | 100.00 | 4/17/2026 | Yes | 15 | 77 | None | |
| NTAP | Netapp Inc | Options Chain | 1.55 | 2.60 | 0.88 | 5.00 | 0.18 | 0.39 | 1 | 1 | -0.24 | -0.04 | 101.05 | 90.00 | 4/17/2026 | Yes | 15 | 67 | None | |
| APA | APA Corporation | Options Chain | 0.85 | 0.92 | 0.44 | 2.50 | 0.18 | 0.48 | 16 | 22 | -0.26 | -0.02 | 29.15 | 27.50 | 4/17/2026 | No | 12 | 62 | None | |
| DOW | Dow Inc | Options Chain | 0.69 | 0.74 | 0.43 | 2.50 | 0.17 | 0.46 | 218 | 169 | -0.23 | -0.02 | 29.89 | 27.50 | 4/17/2026 | No | 7 | 49 | None | |
| USB | U.S. Bancorp. | Options Chain | 1.08 | 1.17 | 0.43 | 2.50 | 0.17 | 0.37 | 83 | 7 | -0.25 | -0.02 | 57.19 | 50.00 | 4/17/2026 | Yes | 13 | 65 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.53 | 0.68 | 0.25 | 1.50 | 0.17 | 0.30 | 3039 | 2521 | -0.29 | -0.01 | 30.85 | 29.00 | 4/17/2026 | No | 10 | 60 | None | |
| MRK | Merck & Co Inc | Options Chain | 1.96 | 2.24 | 0.82 | 5.00 | 0.16 | 0.31 | 101 | 141 | -0.24 | -0.04 | 119.39 | 115.00 | 4/17/2026 | No | 9 | 67 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.05 | 1.52 | 0.41 | 2.50 | 0.16 | 0.28 | 38 | 25 | -0.23 | -0.03 | 91.91 | 87.50 | 4/17/2026 | No | 6 | 62 | None | |
| XYL | Xylem Inc | Options Chain | 1.50 | 2.30 | 0.80 | 5.00 | 0.16 | 0.30 | 0 | 1 | -0.22 | -0.06 | 131.26 | 120.00 | 4/17/2026 | No | 14 | 60 | None | |
| D | Dominion Energy Inc | Options Chain | 0.60 | 1.05 | 0.38 | 2.50 | 0.15 | 0.23 | 7 | 16 | -0.25 | -0.02 | 63.56 | 60.00 | 4/17/2026 | No | 8 | 63 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.38 | 0.43 | 0.15 | 1.00 | 0.15 | 0.27 | 6033 | 3 | -0.21 | -0.01 | 33.10 | 31.00 | 4/17/2026 | Yes | 10 | 67 | None | |
| ALLY | Ally Financial Inc | Options Chain | 1.00 | 1.35 | 0.15 | 1.00 | 0.15 | 0.47 | 0 | 1 | -0.26 | -0.02 | 41.43 | 36.00 | 4/17/2026 | Yes | 11 | 68 | None |