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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| OXY | Occidental Petroleum Corp | Options Chain | 1.22 | 2.01 | 0.44 | 1.00 | 0.44 | 0.37 | 10 | 9 | -0.30 | -0.04 | 62.72 | 60.00 | 11/27/2026 | Yes | 9 | 62 | None | |
| GM | General Motors Company | Options Chain | 1.45 | 1.96 | 0.38 | 1.00 | 0.38 | 0.33 | 17 | 9 | -0.29 | -0.05 | 82.40 | 74.00 | 11/27/2026 | Yes | 9 | 59 | None | |
| ORCL | Oracle Corp | Options Chain | 5.00 | 5.15 | 0.38 | 1.00 | 0.38 | 0.56 | 8 | 1 | -0.30 | -0.12 | 129.59 | 122.00 | 11/27/2026 | No | 8 | 65 | None | |
| KO | Coca-Cola Company | Options Chain | 0.89 | 1.29 | 0.37 | 1.00 | 0.37 | 0.21 | 11 | 4 | -0.26 | -0.03 | 93.37 | 90.00 | 11/27/2026 | Yes | 9 | 61 | None | |
| PEP | PepsiCo Inc | Options Chain | 1.41 | 1.80 | 0.36 | 1.00 | 0.36 | 0.20 | 6 | 2 | -0.29 | -0.05 | 133.57 | 130.00 | 11/27/2026 | No | 9 | 55 | None | |
| TSCO | Tractor Supply Company | Options Chain | 0.75 | 1.00 | 0.35 | 1.00 | 0.35 | 0.49 | 0 | 1 | -0.26 | -0.02 | 32.81 | 30.00 | 11/27/2026 | Yes | 8 | 58 | None | |
| NEE | NextEra Energy Inc | Options Chain | 0.82 | 1.85 | 0.35 | 1.00 | 0.35 | 0.29 | 0 | 3 | -0.26 | -0.03 | 78.17 | 75.00 | 11/27/2026 | Yes | 11 | 71 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 20.45 | 24.35 | 1.67 | 5.00 | 0.33 | 0.68 | 5 | 30 | -0.30 | -0.51 | 456.00 | 425.00 | 11/27/2026 | Yes | 13 | 59 | None | |
| WMT | Walmart Inc | Options Chain | 2.01 | 2.19 | 0.33 | 1.00 | 0.33 | 0.29 | 0 | 8 | -0.28 | -0.06 | 118.98 | 113.00 | 11/27/2026 | Yes | 8 | 55 | None | |
| HD | Home Depot Inc | Options Chain | 4.65 | 7.30 | 1.53 | 5.00 | 0.31 | 0.31 | 0 | 19 | -0.29 | -0.16 | 310.10 | 300.00 | 11/27/2026 | Yes | 10 | 68 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.91 | 1.38 | 0.30 | 1.00 | 0.30 | 0.33 | 2 | 8 | -0.26 | -0.03 | 59.48 | 58.00 | 11/27/2026 | Yes | 16 | 63 | None | |
| NVO | Novo Nordisk | Options Chain | 0.76 | 1.09 | 0.30 | 1.00 | 0.30 | 0.39 | 4 | 20 | -0.29 | -0.03 | 38.42 | 37.00 | 11/27/2026 | Yes | 14 | 59 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.89 | 1.03 | 0.29 | 1.00 | 0.29 | 0.38 | 39 | 510 | -0.30 | -0.02 | 37.21 | 36.00 | 11/27/2026 | No | 12 | 58 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.67 | 3.45 | 1.42 | 5.00 | 0.28 | 0.44 | 15 | 19 | -0.30 | -0.07 | 106.63 | 100.00 | 11/27/2026 | Yes | 10 | 67 | None | |
| V | Visa Inc - Class A | Options Chain | 4.70 | 6.60 | 1.40 | 5.00 | 0.28 | 0.25 | 2 | 0 | -0.27 | -0.15 | 402.92 | 390.00 | 11/27/2026 | Yes | 10 | 65 | None | |
| GE | General Electric Company | Options Chain | 5.10 | 6.10 | 1.40 | 5.00 | 0.28 | 0.32 | 21 | 26 | -0.28 | -0.16 | 312.00 | 285.00 | 11/27/2026 | Yes | 8 | 60 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.54 | 0.75 | 0.27 | 1.00 | 0.27 | 0.29 | 175 | 101 | -0.24 | -0.02 | 44.20 | 42.00 | 11/27/2026 | Yes | 10 | 73 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.11 | 1.42 | 0.27 | 1.00 | 0.27 | 0.26 | 0 | 1 | -0.28 | -0.03 | 82.05 | 78.00 | 11/27/2026 | No | 15 | 74 | None | |
| GLW | Corning Inc | Options Chain | 4.10 | 5.25 | 1.34 | 5.00 | 0.27 | 0.61 | 3 | 19 | -0.27 | -0.12 | 132.80 | 120.00 | 11/27/2026 | Yes | 8 | 52 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.00 | 6.55 | 1.33 | 5.00 | 0.27 | 0.42 | 3 | 3 | -0.27 | -0.14 | 236.40 | 225.00 | 11/27/2026 | Yes | 9 | 66 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 7.95 | 8.40 | 1.30 | 5.00 | 0.26 | 0.32 | 27 | 95 | -0.27 | -0.24 | 420.22 | 405.00 | 11/27/2026 | No | 20 | 61 |
Dividend Stock List |
|
| HAL | Halliburton Company | Options Chain | 0.38 | 0.63 | 0.26 | 1.00 | 0.26 | 0.35 | 20 | 1 | -0.22 | -0.01 | 33.11 | 31.00 | 11/27/2026 | Yes | 10 | 48 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.41 | 2.46 | 0.26 | 1.00 | 0.26 | 0.47 | 0 | 6 | -0.27 | -0.05 | 69.75 | 64.00 | 11/27/2026 | Yes | 10 | 58 | None | |
| T | AT&T Inc | Options Chain | 0.41 | 0.52 | 0.13 | 0.50 | 0.26 | 0.30 | 3 | 3 | -0.30 | -0.01 | 23.20 | 22.50 | 11/27/2026 | Yes | 11 | 60 | None | |
| IP | International Paper Company | Options Chain | 0.65 | 1.15 | 0.25 | 1.00 | 0.25 | 0.46 | 1 | 4 | -0.27 | -0.02 | 33.75 | 31.00 | 11/27/2026 | Yes | 6 | 60 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.45 | 6.90 | 1.23 | 5.00 | 0.25 | 0.28 | 18 | 8 | -0.26 | -0.20 | 406.88 | 400.00 | 11/27/2026 | No | 10 | 58 | None | |
| ACN | Accenture plc - Class A | Options Chain | 4.90 | 7.40 | 1.20 | 5.00 | 0.24 | 0.40 | 5 | 0 | -0.28 | -0.14 | 236.93 | 225.00 | 11/27/2026 | No | 17 | 66 | None | |
| RTX | RTX Corp | Options Chain | 2.69 | 4.40 | 1.19 | 5.00 | 0.24 | 0.29 | 6 | 8 | -0.30 | -0.09 | 192.11 | 185.00 | 11/27/2026 | Yes | 12 | 66 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.65 | 5.70 | 1.11 | 5.00 | 0.22 | 0.51 | 22 | 10 | -0.25 | -0.15 | 173.53 | 160.00 | 11/27/2026 | Yes | 10 | 63 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.62 | 3.15 | 1.09 | 5.00 | 0.22 | 0.24 | 12 | 4 | -0.24 | -0.10 | 242.67 | 235.00 | 11/27/2026 | Yes | 9 | 52 | None | |
| MS | Morgan Stanley | Options Chain | 2.64 | 3.10 | 1.09 | 5.00 | 0.22 | 0.30 | 13 | 0 | -0.26 | -0.07 | 178.47 | 170.00 | 11/27/2026 | No | 10 | 67 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 3.40 | 5.45 | 1.08 | 5.00 | 0.22 | 0.22 | 19 | 7 | -0.29 | -0.14 | 334.17 | 325.00 | 11/27/2026 | No | 9 | 78 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.35 | 10.05 | 1.07 | 5.00 | 0.21 | 0.30 | 4 | 17 | -0.28 | -0.26 | 533.52 | 505.00 | 11/27/2026 | Yes | 13 | 72 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.36 | 0.68 | 0.21 | 1.00 | 0.21 | 0.40 | 0 | 3 | -0.30 | -0.02 | 22.02 | 21.00 | 11/27/2026 | Yes | 15 | 70 | None | |
| F | Ford Motor Company | Options Chain | 0.16 | 0.22 | 0.10 | 0.50 | 0.20 | 0.39 | 8 | 47 | -0.20 | 0.00 | 12.19 | 11.00 | 11/27/2026 | Yes | 9 | 51 | None | |
| CRM | Salesforce Inc | Options Chain | 3.75 | 6.50 | 0.98 | 5.00 | 0.20 | 0.41 | 0 | 18 | -0.26 | -0.16 | 242.68 | 225.00 | 11/27/2026 | No | 14 | 70 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.90 | 2.30 | 0.87 | 5.00 | 0.17 | 0.29 | 47 | 15 | -0.21 | -0.06 | 178.36 | 165.00 | 11/27/2026 | Yes | 12 | 71 | None | |
| MMM | 3M Company | Options Chain | 1.54 | 2.23 | 0.87 | 5.00 | 0.17 | 0.27 | 13 | 11 | -0.21 | -0.05 | 162.01 | 160.00 | 11/27/2026 | Yes | 7 | 59 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.35 | 0.64 | 0.17 | 1.00 | 0.17 | 0.25 | 3 | 0 | -0.27 | -0.01 | 33.43 | 32.00 | 11/27/2026 | Yes | 8 | 59 | None | |
| COST | Costco Wholesale Corp | Options Chain | 10.55 | 13.20 | 0.80 | 5.00 | 0.16 | 0.19 | 2 | 3 | -0.29 | -0.35 | 993.31 | 965.00 | 11/27/2026 | No | 14 | 59 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.13 | 0.80 | 0.08 | 0.50 | 0.16 | 0.33 | 3 | 66 | -0.25 | -0.01 | 23.29 | 22.50 | 11/27/2026 | Yes | 7 | 60 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.59 | 2.94 | 0.78 | 5.00 | 0.16 | 0.25 | 42 | 27 | -0.23 | -0.08 | 253.87 | 245.00 | 11/27/2026 | No | 9 | 66 | None |