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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAAS | Pan American Silver Corp | Options Chain | 2.60 | 3.20 | 0.42 | 1.00 | 0.42 | 0.73 | 3 | 26 | -0.29 | -0.05 | 63.29 | 48.00 | 3/20/2026 | Yes | 14 | 55 | None | |
| HAL | Halliburton Company | Options Chain | 0.78 | 1.02 | 0.34 | 1.00 | 0.34 | 0.37 | 1 | 39 | -0.30 | -0.02 | 33.52 | 31.00 | 3/20/2026 | No | 7 | 56 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 4.60 | 5.50 | 1.65 | 5.00 | 0.33 | 0.56 | 75 | 42 | -0.30 | -0.09 | 114.44 | 110.00 | 3/20/2026 | Yes | 17 | 63 | None | |
| ORCL | Oracle Corp | Options Chain | 7.60 | 7.85 | 1.63 | 5.00 | 0.33 | 0.66 | 250 | 526 | -0.28 | -0.15 | 164.03 | 145.00 | 3/20/2026 | Yes | 10 | 66 | None | |
| VST | Vistra Corp | Options Chain | 5.15 | 5.75 | 1.55 | 5.00 | 0.31 | 0.55 | 5 | 100 | -0.27 | -0.12 | 154.26 | 140.00 | 3/20/2026 | Yes | 8 | 58 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.50 | 6.80 | 1.45 | 5.00 | 0.29 | 0.29 | 66 | 863 | -0.30 | -0.12 | 306.39 | 300.00 | 3/20/2026 | No | 9 | 63 | None | |
| HPQ | HP Inc | Options Chain | 0.62 | 0.72 | 0.28 | 1.00 | 0.28 | 0.50 | 43 | 4 | -0.28 | -0.01 | 19.34 | 18.00 | 3/20/2026 | Yes | 9 | 39 | None | |
| EL | Estee Lauder Cos. Inc - Class A | Options Chain | 3.60 | 4.15 | 1.38 | 5.00 | 0.28 | 0.47 | 32 | 80 | -0.28 | -0.08 | 115.39 | 110.00 | 3/20/2026 | Yes | 4 | 48 | None | |
| AVGO | Broadcom Inc | Options Chain | 11.80 | 12.10 | 2.70 | 10.00 | 0.27 | 0.56 | 493 | 157 | -0.27 | -0.25 | 331.10 | 300.00 | 3/20/2026 | Yes | 13 | 67 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.80 | 9.50 | 2.70 | 10.00 | 0.27 | 0.39 | 419 | 233 | -0.29 | -0.19 | 341.36 | 320.00 | 3/20/2026 | No | 22 | 67 |
Dividend Stock List |
|
| MSFT | Microsoft Corporation | Options Chain | 7.05 | 7.20 | 1.30 | 5.00 | 0.26 | 0.26 | 470 | 1205 | -0.28 | -0.17 | 423.37 | 405.00 | 3/20/2026 | No | 15 | 71 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 4.30 | 4.50 | 1.30 | 5.00 | 0.26 | 0.43 | 45 | 15 | -0.29 | -0.09 | 143.89 | 135.00 | 3/20/2026 | No | 9 | 58 | None | |
| TGT | Target Corp | Options Chain | 3.15 | 3.30 | 1.29 | 5.00 | 0.26 | 0.46 | 543 | 239 | -0.27 | -0.06 | 109.53 | 100.00 | 3/20/2026 | Yes | 9 | 57 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.50 | 3.95 | 1.26 | 5.00 | 0.25 | 0.41 | 97 | 99 | -0.26 | -0.08 | 151.44 | 140.00 | 3/20/2026 | Yes | 10 | 64 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.00 | 2.15 | 0.63 | 2.50 | 0.25 | 0.36 | 192 | 25 | -0.24 | -0.03 | 91.20 | 85.00 | 3/20/2026 | Yes | 10 | 63 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 5.75 | 6.00 | 2.50 | 10.00 | 0.25 | 0.31 | 404 | 417 | -0.29 | -0.11 | 285.59 | 270.00 | 3/20/2026 | No | 10 | 58 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 3.90 | 4.40 | 1.25 | 5.00 | 0.25 | 0.36 | 21 | 3 | -0.28 | -0.09 | 176.91 | 165.00 | 3/20/2026 | Yes | 9 | 63 | None | |
| GLW | Corning Inc | Options Chain | 3.05 | 3.40 | 0.61 | 2.50 | 0.24 | 0.50 | 115 | 27 | -0.25 | -0.07 | 103.25 | 100.00 | 3/20/2026 | No | 10 | 57 | None | |
| COP | Conoco Phillips | Options Chain | 1.70 | 1.91 | 0.59 | 2.50 | 0.24 | 0.31 | 410 | 15 | -0.26 | -0.04 | 104.23 | 95.00 | 3/20/2026 | Yes | 9 | 69 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.80 | 1.05 | 0.23 | 1.00 | 0.23 | 0.32 | 37 | 0 | -0.29 | -0.02 | 42.02 | 40.00 | 3/20/2026 | No | 10 | 68 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.34 | 1.45 | 0.57 | 2.50 | 0.23 | 0.24 | 81 | 65 | -0.28 | -0.03 | 88.00 | 82.50 | 3/20/2026 | No | 6 | 70 | None | |
| EXC | Exelon Corp | Options Chain | 0.55 | 0.75 | 0.22 | 1.00 | 0.22 | 0.23 | 44 | 0 | -0.28 | -0.01 | 44.78 | 42.00 | 3/20/2026 | Yes | 11 | 69 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.62 | 1.81 | 1.08 | 5.00 | 0.22 | 0.49 | 247 | 3382 | -0.22 | -0.03 | 60.23 | 55.00 | 3/20/2026 | No | 11 | 55 | None | |
| V | Visa Inc - Class A | Options Chain | 4.20 | 4.55 | 1.05 | 5.00 | 0.21 | 0.22 | 120 | 96 | -0.27 | -0.10 | 333.84 | 320.00 | 3/20/2026 | No | 11 | 70 | None | |
| VALE | Vale S.A. | Options Chain | 0.40 | 0.42 | 0.21 | 1.00 | 0.21 | 0.38 | 131 | 1741 | -0.30 | -0.01 | 16.13 | 15.00 | 3/20/2026 | Yes | 10 | 67 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.30 | 1.47 | 0.52 | 2.50 | 0.21 | 0.34 | 232 | 224 | -0.23 | -0.04 | 78.32 | 75.00 | 3/20/2026 | Yes | 8 | 59 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.47 | 1.54 | 0.51 | 2.50 | 0.20 | 0.27 | 177 | 153 | -0.27 | -0.03 | 90.34 | 87.50 | 3/20/2026 | No | 11 | 66 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 5.30 | 6.00 | 2.00 | 10.00 | 0.20 | 0.45 | 73 | 24 | -0.25 | -0.14 | 226.00 | 210.00 | 3/20/2026 | Yes | 9 | 66 | None | |
| COF | Capital One Financial Corp | Options Chain | 4.30 | 4.60 | 2.00 | 10.00 | 0.20 | 0.33 | 92 | 94 | -0.26 | -0.10 | 218.26 | 210.00 | 3/20/2026 | No | 9 | 67 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.85 | 0.89 | 0.50 | 2.50 | 0.20 | 0.29 | 29 | 30 | -0.24 | -0.02 | 54.99 | 52.50 | 3/20/2026 | Yes | 10 | 56 | None | |
| F | Ford Motor Company | Options Chain | 0.32 | 0.33 | 0.20 | 1.00 | 0.20 | 0.33 | 496 | 74 | -0.29 | -0.01 | 13.88 | 13.00 | 3/20/2026 | Yes | 15 | 58 | None | |
| C | Citigroup Inc | Options Chain | 2.21 | 2.30 | 0.98 | 5.00 | 0.20 | 0.31 | 218 | 297 | -0.27 | -0.06 | 115.71 | 110.00 | 3/20/2026 | No | 15 | 77 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.60 | 4.85 | 0.98 | 5.00 | 0.20 | 0.24 | 97 | 179 | -0.27 | -0.12 | 308.14 | 295.00 | 3/20/2026 | No | 8 | 79 | None | |
| KO | Coca-Cola Company | Options Chain | 0.92 | 0.99 | 0.48 | 2.50 | 0.19 | 0.20 | 215 | 466 | -0.28 | -0.02 | 75.33 | 72.50 | 3/20/2026 | Yes | 9 | 70 | None | |
| MRK | Merck & Co Inc | Options Chain | 1.81 | 1.95 | 0.94 | 5.00 | 0.19 | 0.33 | 270 | 1878 | -0.25 | -0.06 | 110.27 | 105.00 | 3/20/2026 | Yes | 11 | 65 | None | |
| JCI | Johnson Controls International plc | Options Chain | 2.30 | 2.75 | 0.93 | 5.00 | 0.19 | 0.34 | 1 | 3 | -0.27 | -0.06 | 122.98 | 115.00 | 3/20/2026 | Yes | 9 | 60 | None | |
| ABT | Abbott Laboratories | Options Chain | 1.44 | 1.52 | 0.90 | 5.00 | 0.18 | 0.22 | 250 | 33 | -0.26 | -0.04 | 109.18 | 105.00 | 3/20/2026 | No | 12 | 69 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 0.95 | 1.10 | 0.45 | 2.50 | 0.18 | 0.32 | 59 | 14 | -0.22 | -0.02 | 67.31 | 62.50 | 3/20/2026 | Yes | 11 | 48 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.70 | 0.96 | 0.45 | 2.50 | 0.18 | 0.24 | 59 | 35 | -0.27 | -0.01 | 52.66 | 50.00 | 3/20/2026 | No | 14 | 75 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.88 | 0.96 | 0.45 | 2.50 | 0.18 | 0.24 | 194 | 138 | -0.28 | -0.02 | 56.20 | 55.00 | 3/20/2026 | No | 13 | 65 | None | |
| EQNR | Equinor ASA | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.31 | 25 | 0 | -0.23 | -0.01 | 26.85 | 24.00 | 3/20/2026 | Yes | 9 | 52 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.45 | 0.70 | 0.18 | 1.00 | 0.18 | 0.39 | 0 | 1 | -0.24 | -0.01 | 27.41 | 25.00 | 3/20/2026 | No | 7 | 55 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.35 | 0.60 | 0.18 | 1.00 | 0.18 | 0.25 | 0 | 1 | -0.24 | -0.01 | 38.38 | 36.00 | 3/20/2026 | Yes | 14 | 62 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.43 | 0.50 | 0.18 | 1.00 | 0.18 | 0.19 | 1555 | 12082 | -0.26 | -0.01 | 44.61 | 43.00 | 3/20/2026 | Yes | 15 | 73 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.17 | 1.49 | 0.44 | 2.50 | 0.18 | 0.40 | 89 | 144 | -0.22 | -0.03 | 65.89 | 62.50 | 3/20/2026 | No | 12 | 57 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.80 | 1.00 | 0.44 | 2.50 | 0.18 | 0.36 | 560 | 123 | -0.27 | -0.02 | 40.16 | 37.50 | 3/20/2026 | Yes | 9 | 64 | None | |
| EQT | EQT Corp | Options Chain | 1.14 | 1.26 | 0.43 | 2.50 | 0.17 | 0.41 | 70 | 7 | -0.24 | -0.03 | 57.73 | 50.00 | 3/20/2026 | Yes | 12 | 68 | None | |
| SAN | Banco Santander S.A. | Options Chain | 0.20 | 0.30 | 0.17 | 1.00 | 0.17 | 0.38 | 2 | 8 | -0.23 | -0.01 | 12.79 | 12.00 | 3/20/2026 | Yes | 13 | 51 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.46 | 1.78 | 0.80 | 5.00 | 0.16 | 0.24 | 227 | 799 | -0.22 | -0.03 | 141.70 | 130.00 | 3/20/2026 | Yes | 11 | 73 | None | |
| GPN | Global Payments Inc | Options Chain | 1.50 | 1.80 | 0.80 | 5.00 | 0.16 | 0.45 | 11 | 3 | -0.24 | -0.04 | 71.74 | 65.00 | 3/20/2026 | Yes | 12 | 62 | None | |
| FAST | Fastenal Company | Options Chain | 0.35 | 0.85 | 0.20 | 1.25 | 0.16 | 0.24 | 225 | 45 | -0.25 | -0.02 | 43.36 | 42.50 | 3/20/2026 | No | 15 | 52 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.66 | 0.70 | 0.38 | 2.50 | 0.15 | 0.35 | 1150 | 21 | -0.23 | -0.02 | 45.39 | 40.00 | 3/20/2026 | Yes | 7 | 53 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 0.55 | 0.75 | 0.15 | 1.00 | 0.15 | 0.37 | 10 | 2000 | -0.16 | -0.02 | 55.66 | 50.00 | 3/20/2026 | No | 9 | 59 | None | |
| RF | Regions Financial Corp | Options Chain | 0.25 | 0.60 | 0.15 | 1.00 | 0.15 | 0.29 | 0 | 1 | -0.23 | -0.01 | 28.19 | 27.00 | 3/20/2026 | No | 15 | 70 | None | |
| STM | ST Microelectronics | Options Chain | 0.50 | 0.60 | 0.15 | 1.00 | 0.15 | 0.40 | 3 | 1 | -0.23 | -0.02 | 28.77 | 26.00 | 3/20/2026 | No | 12 | 47 | None | |
| INFY | Infosys Ltd | Options Chain | 0.30 | 0.55 | 0.15 | 1.00 | 0.15 | 0.36 | 64 | 0 | -0.27 | -0.01 | 17.52 | 17.00 | 3/20/2026 | No | 11 | 50 | None |