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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| QCOM | Qualcomm Inc | Options Chain | 12.90 | 15.40 | 1.10 | 2.50 | 0.44 | 0.87 | 0 | 2 | -0.30 | -0.29 | 226.11 | 205.00 | 7/31/2026 | Yes | 14 | 72 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.65 | 2.05 | 0.40 | 1.00 | 0.40 | 0.57 | 1 | 0 | -0.29 | -0.04 | 49.09 | 45.00 | 7/31/2026 | No | 14 | 55 | None | |
| DOW | Dow Inc | Options Chain | 0.97 | 1.28 | 0.37 | 1.00 | 0.37 | 0.51 | 5 | 1175 | -0.30 | -0.03 | 31.73 | 29.00 | 7/31/2026 | Yes | 6 | 50 | None | |
| GLW | Corning Inc | Options Chain | 9.80 | 12.95 | 0.85 | 2.50 | 0.34 | 0.82 | 0 | 25 | -0.29 | -0.25 | 194.92 | 177.50 | 7/31/2026 | No | 10 | 54 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 14.60 | 16.95 | 1.53 | 5.00 | 0.31 | 0.51 | 4 | 8 | -0.29 | -0.37 | 432.15 | 435.00 | 7/31/2026 | Yes | 20 | 62 |
Dividend Stock List |
|
| CRM | Salesforce Inc | Options Chain | 4.00 | 4.60 | 1.52 | 5.00 | 0.30 | 0.43 | 17 | 49 | -0.26 | -0.11 | 151.78 | 140.00 | 7/31/2026 | No | 15 | 71 | None | |
| TSCO | Tractor Supply Company | Options Chain | 1.05 | 1.25 | 0.30 | 1.00 | 0.30 | 0.52 | 2 | 2 | -0.29 | -0.03 | 30.23 | 28.00 | 7/31/2026 | Yes | 10 | 57 | None | |
| HPQ | HP Inc | Options Chain | 0.55 | 0.68 | 0.15 | 0.50 | 0.30 | 0.46 | 12 | 0 | -0.26 | -0.02 | 23.45 | 22.00 | 7/31/2026 | No | 12 | 38 | None | |
| ORCL | Oracle Corp | Options Chain | 5.65 | 6.60 | 0.73 | 2.50 | 0.29 | 0.53 | 2 | 74 | -0.28 | -0.14 | 183.74 | 162.50 | 7/31/2026 | No | 7 | 61 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.75 | 6.20 | 1.43 | 5.00 | 0.29 | 0.28 | 0 | 7 | -0.28 | -0.13 | 325.22 | 315.00 | 7/31/2026 | Yes | 11 | 77 | None | |
| NVO | Novo Nordisk | Options Chain | 0.72 | 1.20 | 0.28 | 1.00 | 0.28 | 0.40 | 3 | 4 | -0.26 | -0.03 | 43.19 | 43.00 | 7/31/2026 | No | 13 | 54 | None | |
| C | Citigroup Inc | Options Chain | 2.81 | 3.10 | 0.28 | 1.00 | 0.28 | 0.33 | 5 | 1 | -0.29 | -0.08 | 143.06 | 139.00 | 7/31/2026 | Yes | 13 | 77 | None | |
| ACN | Accenture plc - Class A | Options Chain | 2.85 | 4.00 | 1.35 | 5.00 | 0.27 | 0.49 | 12 | 10 | -0.23 | -0.06 | 127.98 | 110.00 | 7/31/2026 | No | 16 | 61 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.53 | 0.73 | 0.27 | 1.00 | 0.27 | 0.40 | 4 | 20 | -0.29 | -0.01 | 22.43 | 21.00 | 7/31/2026 | Yes | 12 | 59 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.84 | 1.23 | 0.26 | 1.00 | 0.26 | 0.32 | 10 | 5 | -0.26 | -0.02 | 54.00 | 51.00 | 7/31/2026 | Yes | 15 | 66 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.44 | 0.50 | 0.13 | 0.50 | 0.26 | 0.32 | 86 | 8 | -0.29 | -0.01 | 22.82 | 21.50 | 7/31/2026 | Yes | 8 | 58 | None | |
| KO | Coca-Cola Company | Options Chain | 1.02 | 1.15 | 0.24 | 1.00 | 0.24 | 0.22 | 60 | 61 | -0.29 | -0.04 | 79.39 | 77.00 | 7/31/2026 | Yes | 11 | 70 | None | |
| SONY | Sony Group Corporation | Options Chain | 0.35 | 0.55 | 0.12 | 0.50 | 0.24 | 0.44 | 5 | 1 | -0.26 | -0.02 | 20.33 | 18.50 | 7/31/2026 | No | 13 | 41 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.70 | 3.50 | 1.19 | 5.00 | 0.24 | 0.26 | 8 | 3 | -0.23 | -0.08 | 228.39 | 220.00 | 7/31/2026 | Yes | 9 | 66 | None | |
| T | AT&T Inc | Options Chain | 0.34 | 0.43 | 0.23 | 1.00 | 0.23 | 0.29 | 0 | 1 | -0.28 | -0.01 | 22.06 | 21.00 | 7/31/2026 | Yes | 9 | 61 | None | |
| V | Visa Inc - Class A | Options Chain | 4.20 | 4.95 | 1.08 | 5.00 | 0.22 | 0.26 | 0 | 2 | -0.25 | -0.15 | 328.50 | 315.00 | 7/31/2026 | No | 11 | 70 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.67 | 0.90 | 0.21 | 1.00 | 0.21 | 0.29 | 11 | 40 | -0.25 | -0.01 | 45.49 | 43.00 | 7/31/2026 | Yes | 9 | 64 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.93 | 2.34 | 1.04 | 5.00 | 0.21 | 0.30 | 5 | 9 | -0.25 | -0.07 | 137.81 | 130.00 | 7/31/2026 | Yes | 9 | 64 | None | |
| WMT | Walmart Inc | Options Chain | 1.57 | 1.96 | 0.20 | 1.00 | 0.20 | 0.25 | 0 | 1 | -0.29 | -0.05 | 117.18 | 113.00 | 7/31/2026 | No | 9 | 55 | None | |
| F | Ford Motor Company | Options Chain | 0.29 | 0.35 | 0.10 | 0.50 | 0.20 | 0.47 | 350 | 21 | -0.23 | -0.01 | 14.02 | 13.00 | 7/31/2026 | Yes | 8 | 47 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.27 | 0.45 | 0.19 | 1.00 | 0.19 | 0.27 | 1 | 1 | -0.23 | -0.01 | 31.59 | 30.00 | 7/31/2026 | Yes | 8 | 60 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.86 | 0.96 | 0.19 | 1.00 | 0.19 | 0.28 | 60 | 4 | -0.28 | -0.03 | 56.20 | 55.00 | 7/31/2026 | Yes | 14 | 74 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.65 | 3.20 | 0.15 | 1.00 | 0.15 | 0.37 | 28 | 0 | -0.29 | -0.06 | 119.54 | 114.00 | 7/31/2026 | No | 9 | 62 | None |