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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WMT | Walmart Inc | Options Chain | 2.10 | 3.15 | 0.41 | 1.00 | 0.41 | 0.31 | 1 | 58 | -0.29 | -0.05 | 128.98 | 121.00 | 5/29/2026 | Yes | 8 | 56 | None | |
| HPQ | HP Inc | Options Chain | 0.46 | 0.88 | 0.19 | 0.50 | 0.38 | 0.51 | 4 | 11 | -0.28 | -0.02 | 18.39 | 18.50 | 5/29/2026 | Yes | 13 | 51 | None | |
| ORCL | Oracle Corp | Options Chain | 6.05 | 6.90 | 0.88 | 2.50 | 0.35 | 0.53 | 32 | 55 | -0.29 | -0.14 | 137.95 | 162.50 | 5/29/2026 | No | 7 | 60 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.25 | 2.40 | 0.35 | 1.00 | 0.35 | 0.28 | 1 | 3 | -0.30 | -0.03 | 94.64 | 88.00 | 5/29/2026 | Yes | 6 | 62 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 7.60 | 8.95 | 1.68 | 5.00 | 0.34 | 0.60 | 26 | 93 | -0.29 | -0.17 | 181.91 | 180.00 | 5/29/2026 | No | 12 | 53 | None | |
| KR | Kroger Company | Options Chain | 0.94 | 1.46 | 0.33 | 1.00 | 0.33 | 0.27 | 1 | 0 | -0.30 | -0.03 | 70.45 | 65.00 | 5/29/2026 | No | 8 | 52 | None | |
| APA | APA Corporation | Options Chain | 1.12 | 1.52 | 0.33 | 1.00 | 0.33 | 0.53 | 8 | 3 | -0.30 | -0.03 | 38.77 | 33.00 | 5/29/2026 | Yes | 9 | 51 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.05 | 9.65 | 1.65 | 5.00 | 0.33 | 0.41 | 26 | 28 | -0.28 | -0.23 | 366.40 | 345.00 | 5/29/2026 | Yes | 20 | 62 |
Dividend Stock List |
|
| AVGO | Broadcom Inc | Options Chain | 11.55 | 12.45 | 1.65 | 5.00 | 0.33 | 0.44 | 19 | 47 | -0.29 | -0.27 | 355.50 | 380.00 | 5/29/2026 | No | 10 | 64 | None | |
| MRK | Merck & Co Inc | Options Chain | 2.00 | 3.10 | 0.32 | 1.00 | 0.32 | 0.33 | 1 | 0 | -0.29 | -0.06 | 123.02 | 113.00 | 5/29/2026 | Yes | 12 | 75 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.35 | 10.20 | 1.55 | 5.00 | 0.31 | 0.36 | 208 | 112 | -0.29 | -0.22 | 373.10 | 400.00 | 5/29/2026 | Yes | 15 | 71 | None | |
| NVO | Novo Nordisk | Options Chain | 1.14 | 1.40 | 0.29 | 1.00 | 0.29 | 0.45 | 60 | 22 | -0.30 | -0.03 | 37.42 | 38.00 | 5/29/2026 | Yes | 11 | 54 | None | |
| HD | Home Depot Inc | Options Chain | 5.65 | 8.40 | 1.43 | 5.00 | 0.29 | 0.30 | 1 | 13 | -0.30 | -0.18 | 339.20 | 335.00 | 5/29/2026 | Yes | 7 | 69 | None | |
| AA | Alcoa Corp | Options Chain | 2.10 | 2.55 | 0.28 | 1.00 | 0.28 | 0.56 | 35 | 3 | -0.28 | -0.05 | 73.03 | 60.00 | 5/29/2026 | No | 13 | 50 | None | |
| COF | Capital One Financial Corp | Options Chain | 3.30 | 6.00 | 1.35 | 5.00 | 0.27 | 0.41 | 19 | 1 | -0.24 | -0.10 | 194.38 | 190.00 | 5/29/2026 | Yes | 11 | 68 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.04 | 1.32 | 0.27 | 1.00 | 0.27 | 0.39 | 114 | 65 | -0.26 | -0.03 | 58.29 | 50.00 | 5/29/2026 | Yes | 7 | 51 | None | |
| GM | General Motors Company | Options Chain | 1.77 | 2.59 | 0.27 | 1.00 | 0.27 | 0.42 | 0 | 6 | -0.28 | -0.06 | 76.49 | 76.00 | 5/29/2026 | Yes | 11 | 67 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.25 | 3.95 | 0.27 | 1.00 | 0.27 | 0.40 | 0 | 10 | -0.29 | -0.09 | 127.56 | 128.00 | 5/29/2026 | Yes | 11 | 72 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.20 | 1.58 | 0.26 | 1.00 | 0.26 | 0.29 | 1 | 1 | -0.27 | -0.03 | 86.02 | 77.00 | 5/29/2026 | No | 12 | 74 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.66 | 2.36 | 0.26 | 1.00 | 0.26 | 0.42 | 22 | 0 | -0.29 | -0.04 | 67.83 | 67.00 | 5/29/2026 | No | 16 | 66 | None | |
| HAL | Halliburton Company | Options Chain | 0.81 | 1.21 | 0.26 | 1.00 | 0.26 | 0.40 | 2 | 0 | -0.30 | -0.02 | 37.49 | 35.00 | 5/29/2026 | Yes | 8 | 55 | None | |
| F | Ford Motor Company | Options Chain | 0.25 | 0.35 | 0.13 | 0.50 | 0.26 | 0.38 | 56 | 33 | -0.28 | -0.01 | 12.23 | 12.00 | 5/29/2026 | Yes | 8 | 48 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.36 | 0.68 | 0.25 | 1.00 | 0.25 | 0.21 | 12 | 22 | -0.19 | 0.00 | 37.49 | 35.00 | 5/29/2026 | Yes | 10 | 67 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.51 | 0.87 | 0.25 | 1.00 | 0.25 | 0.38 | 0 | 1 | -0.28 | -0.02 | 28.42 | 28.00 | 5/29/2026 | Yes | 10 | 60 | None | |
| GE | General Electric Company | Options Chain | 6.25 | 7.90 | 1.23 | 5.00 | 0.25 | 0.38 | 2 | 11 | -0.28 | -0.18 | 312.70 | 285.00 | 5/29/2026 | Yes | 10 | 60 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.82 | 1.04 | 0.24 | 1.00 | 0.24 | 0.25 | 25 | 34 | -0.30 | -0.02 | 52.55 | 52.00 | 5/29/2026 | No | 13 | 74 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.65 | 4.60 | 1.16 | 5.00 | 0.23 | 0.22 | 4 | 4 | -0.28 | -0.12 | 309.81 | 300.00 | 5/29/2026 | Yes | 11 | 65 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.70 | 1.10 | 0.23 | 1.00 | 0.23 | 0.38 | 1 | 51 | -0.25 | -0.02 | 47.63 | 41.00 | 5/29/2026 | Yes | 9 | 63 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.59 | 3.45 | 1.14 | 5.00 | 0.23 | 0.22 | 20 | 23 | -0.27 | -0.08 | 241.50 | 225.00 | 5/29/2026 | No | 10 | 66 | None | |
| RTX | RTX Corp | Options Chain | 3.60 | 4.25 | 1.13 | 5.00 | 0.23 | 0.33 | 6 | 1 | -0.28 | -0.09 | 202.89 | 185.00 | 5/29/2026 | Yes | 11 | 60 | None | |
| VST | Vistra Corp | Options Chain | 4.55 | 6.95 | 1.10 | 5.00 | 0.22 | 0.54 | 1 | 2 | -0.29 | -0.14 | 153.78 | 150.00 | 5/29/2026 | Yes | 6 | 56 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.45 | 5.50 | 1.10 | 5.00 | 0.22 | 0.24 | 24 | 20 | -0.29 | -0.14 | 309.90 | 300.00 | 5/29/2026 | No | 8 | 70 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.58 | 2.07 | 0.22 | 1.00 | 0.22 | 0.35 | 0 | 1 | -0.27 | -0.04 | 83.10 | 81.00 | 5/29/2026 | Yes | 9 | 65 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.45 | 2.15 | 0.22 | 1.00 | 0.22 | 0.29 | 52 | 24 | -0.30 | -0.04 | 97.04 | 88.00 | 5/29/2026 | Yes | 10 | 70 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.50 | 2.43 | 1.00 | 5.00 | 0.20 | 0.31 | 163 | 95 | -0.21 | -0.05 | 154.33 | 135.00 | 5/29/2026 | Yes | 9 | 64 | None | |
| T | AT&T Inc | Options Chain | 0.36 | 0.47 | 0.19 | 1.00 | 0.19 | 0.29 | 6 | 1 | -0.26 | -0.01 | 26.90 | 25.00 | 5/29/2026 | Yes | 8 | 57 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.35 | 6.80 | 0.90 | 5.00 | 0.18 | 0.35 | 5 | 30 | -0.27 | -0.17 | 306.34 | 305.00 | 5/29/2026 | Yes | 10 | 65 | None | |
| KO | Coca-Cola Company | Options Chain | 0.70 | 0.98 | 0.17 | 1.00 | 0.17 | 0.20 | 121 | 10 | -0.27 | -0.03 | 78.01 | 73.00 | 5/29/2026 | Yes | 8 | 62 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.95 | 1.20 | 0.17 | 1.00 | 0.17 | 0.31 | 1 | 0 | -0.27 | -0.03 | 58.62 | 57.00 | 5/29/2026 | Yes | 11 | 52 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.75 | 2.87 | 0.17 | 1.00 | 0.17 | 0.23 | 0 | 1 | -0.30 | -0.04 | 146.90 | 141.00 | 5/29/2026 | Yes | 8 | 65 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.34 | 0.47 | 0.15 | 1.00 | 0.15 | 0.26 | 1 | 0 | -0.23 | -0.01 | 32.85 | 30.00 | 5/29/2026 | Yes | 8 | 60 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.59 | 0.68 | 0.15 | 1.00 | 0.15 | 0.28 | 20 | 0 | -0.24 | -0.02 | 47.85 | 44.00 | 5/29/2026 | Yes | 9 | 73 | None |