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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ORCL | Oracle Corp | Options Chain | 7.90 | 8.20 | 1.87 | 5.00 | 0.37 | 0.77 | 519 | 1650 | -0.29 | -0.13 | 129.31 | 115.00 | 9/18/2026 | Yes | 7 | 63 | None | |
| NVT | nVent Electric plc | Options Chain | 6.50 | 8.40 | 1.70 | 5.00 | 0.34 | 0.70 | 32 | 0 | -0.28 | -0.13 | 151.75 | 130.00 | 9/18/2026 | Yes | 10 | 20 | None | |
| MSFT | Microsoft Corporation | Options Chain | 11.50 | 12.25 | 1.48 | 5.00 | 0.30 | 0.33 | 1104 | 619 | -0.29 | -0.20 | 448.47 | 430.00 | 9/18/2026 | Yes | 15 | 72 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.55 | 13.40 | 2.83 | 10.00 | 0.28 | 0.48 | 513 | 413 | -0.27 | -0.26 | 374.88 | 370.00 | 9/18/2026 | No | 20 | 61 |
Dividend Stock List |
|
| NXPI | NXP Semiconductors NV | Options Chain | 8.20 | 9.10 | 2.60 | 10.00 | 0.26 | 0.56 | 75 | 8 | -0.25 | -0.17 | 247.90 | 220.00 | 9/18/2026 | No | 10 | 66 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.95 | 9.25 | 2.60 | 10.00 | 0.26 | 0.30 | 40 | 43 | -0.29 | -0.17 | 419.90 | 400.00 | 9/18/2026 | No | 13 | 63 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.10 | 5.35 | 1.30 | 5.00 | 0.26 | 0.56 | 482 | 223 | -0.25 | -0.10 | 153.03 | 135.00 | 9/18/2026 | Yes | 11 | 64 | None | |
| NVO | Novo Nordisk | Options Chain | 1.39 | 1.45 | 0.64 | 2.50 | 0.26 | 0.41 | 479 | 122 | -0.29 | -0.02 | 51.50 | 47.50 | 9/18/2026 | Yes | 13 | 52 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.10 | 2.35 | 0.63 | 2.50 | 0.25 | 0.33 | 24 | 2 | -0.24 | -0.02 | 96.34 | 90.00 | 9/18/2026 | No | 10 | 71 | None | |
| V | Visa Inc - Class A | Options Chain | 5.40 | 5.85 | 1.23 | 5.00 | 0.25 | 0.24 | 39 | 163 | -0.28 | -0.13 | 366.27 | 350.00 | 9/18/2026 | No | 10 | 64 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.73 | 0.78 | 0.23 | 1.00 | 0.23 | 0.25 | 270 | 524 | -0.26 | -0.02 | 47.17 | 44.00 | 9/18/2026 | No | 8 | 64 | None | |
| SYK | Stryker Corp | Options Chain | 5.80 | 7.50 | 2.30 | 10.00 | 0.23 | 0.35 | 2 | 3 | -0.24 | -0.17 | 348.04 | 320.00 | 9/18/2026 | Yes | 14 | 67 | None | |
| WMT | Walmart Inc | Options Chain | 2.21 | 2.30 | 1.14 | 5.00 | 0.23 | 0.30 | 2018 | 407 | -0.28 | -0.05 | 111.10 | 105.00 | 9/18/2026 | Yes | 10 | 59 | None | |
| MS | Morgan Stanley | Options Chain | 4.05 | 4.40 | 1.09 | 5.00 | 0.22 | 0.34 | 51 | 168 | -0.25 | -0.09 | 210.23 | 195.00 | 9/18/2026 | No | 14 | 75 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.49 | 2.76 | 1.00 | 5.00 | 0.20 | 0.31 | 339 | 302 | -0.22 | -0.05 | 156.79 | 145.00 | 9/18/2026 | Yes | 11 | 70 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.60 | 0.20 | 1.00 | 0.20 | 0.43 | 100 | 0 | -0.25 | -0.01 | 21.01 | 19.00 | 9/18/2026 | Yes | 9 | 60 | None | |
| T | AT&T Inc | Options Chain | 0.40 | 0.43 | 0.20 | 1.00 | 0.20 | 0.28 | 563 | 103 | -0.27 | -0.01 | 23.21 | 22.00 | 9/18/2026 | No | 10 | 60 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.65 | 2.40 | 0.98 | 5.00 | 0.20 | 0.44 | 28 | 67 | -0.27 | -0.05 | 76.03 | 70.00 | 9/18/2026 | Yes | 15 | 65 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.85 | 0.99 | 0.47 | 2.50 | 0.19 | 0.24 | 7 | 117 | -0.26 | -0.02 | 63.83 | 60.00 | 9/18/2026 | No | 13 | 65 | None | |
| TRV | Travelers Companies Inc | Options Chain | 3.20 | 4.20 | 1.82 | 10.00 | 0.18 | 0.24 | 23 | 19 | -0.21 | -0.11 | 388.48 | 350.00 | 9/18/2026 | No | 17 | 74 | None | |
| PCG | PG&E Corp | Options Chain | 0.37 | 0.45 | 0.17 | 1.00 | 0.17 | 0.43 | 23 | 2 | -0.21 | -0.01 | 17.79 | 16.00 | 9/18/2026 | No | 13 | 61 | None | |
| MO | Altria Group Inc | Options Chain | 0.76 | 0.88 | 0.38 | 2.50 | 0.15 | 0.29 | 15370 | 123 | -0.22 | -0.02 | 68.07 | 62.50 | 9/18/2026 | Yes | 8 | 57 | None |