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 | 0.70 | 1.95 | 0.45 | 1.00 | 0.45 | 0.48 | 0 | 5 | -0.28 | -0.03 | 44.53 | 39.00 | 11/27/2026 | Yes | 19 | 67 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.80 | 1.61 | 0.45 | 1.00 | 0.45 | 0.30 | 1 | 0 | -0.29 | -0.03 | 56.26 | 54.00 | 11/27/2026 | Yes | 16 | 75 | None | |
| MDT | Medtronic Plc | Options Chain | 1.21 | 2.19 | 0.45 | 1.00 | 0.45 | 0.26 | 0 | 2 | -0.30 | -0.03 | 93.01 | 90.00 | 11/27/2026 | Yes | 12 | 64 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.55 | 8.90 | 1.80 | 5.00 | 0.36 | 0.31 | 10 | 21 | -0.27 | -0.20 | 395.62 | 375.00 | 11/27/2026 | Yes | 13 | 65 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.55 | 1.02 | 0.34 | 1.00 | 0.34 | 0.30 | 2 | 2 | -0.25 | -0.02 | 43.48 | 42.00 | 11/27/2026 | Yes | 10 | 73 | None | |
| KGC | Kinross Gold Corp | Options Chain | 0.43 | 0.76 | 0.17 | 0.50 | 0.34 | 0.43 | 3 | 0 | -0.28 | -0.01 | 23.44 | 20.50 | 11/27/2026 | Yes | 20 | 52 | None | |
| VST | Vistra Corp | Options Chain | 4.90 | 6.00 | 1.62 | 5.00 | 0.32 | 0.52 | 16 | 7 | -0.28 | -0.12 | 151.79 | 140.00 | 11/27/2026 | Yes | 9 | 60 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.15 | 10.50 | 1.58 | 5.00 | 0.32 | 0.33 | 49 | 51 | -0.29 | -0.24 | 445.65 | 410.00 | 11/27/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| ORCL | Oracle Corp | Options Chain | 4.90 | 5.40 | 1.57 | 5.00 | 0.31 | 0.56 | 941 | 205 | -0.29 | -0.11 | 143.20 | 120.00 | 11/27/2026 | No | 8 | 62 | None | |
| V | Visa Inc - Class A | Options Chain | 5.40 | 6.60 | 1.52 | 5.00 | 0.30 | 0.24 | 1 | 0 | -0.28 | -0.15 | 396.00 | 375.00 | 11/27/2026 | Yes | 10 | 64 | None | |
| PBF | PBF Energy Inc - Class A | Options Chain | 4.00 | 4.40 | 0.75 | 2.50 | 0.30 | 0.75 | 31 | 11 | -0.27 | -0.09 | 91.17 | 80.00 | 11/20/2026 | Yes | 13 | 60 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.73 | 0.95 | 0.30 | 1.00 | 0.30 | 0.38 | 1 | 31 | -0.27 | -0.02 | 35.33 | 33.00 | 11/27/2026 | No | 13 | 60 | None | |
| MSFT | Microsoft Corporation | Options Chain | 10.05 | 12.30 | 1.40 | 5.00 | 0.28 | 0.30 | 6 | 5 | -0.30 | -0.25 | 543.45 | 510.00 | 11/27/2026 | Yes | 11 | 66 | None | |
| STT | State Street Corp | Options Chain | 2.30 | 3.70 | 1.32 | 5.00 | 0.26 | 0.28 | 129 | 54 | -0.30 | -0.07 | 175.25 | 160.00 | 11/20/2026 | Yes | 14 | 76 | None | |
| KO | Coca-Cola Company | Options Chain | 0.93 | 1.43 | 0.25 | 1.00 | 0.25 | 0.22 | 5 | 4 | -0.27 | -0.03 | 90.11 | 88.00 | 11/27/2026 | Yes | 9 | 61 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 3.25 | 5.50 | 1.20 | 5.00 | 0.24 | 0.24 | 18 | 7 | -0.25 | -0.14 | 332.01 | 320.00 | 11/27/2026 | No | 12 | 80 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.35 | 3.05 | 1.18 | 5.00 | 0.24 | 0.30 | 14 | 30 | -0.24 | -0.06 | 174.00 | 165.00 | 11/27/2026 | Yes | 13 | 71 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.45 | 6.45 | 1.17 | 5.00 | 0.23 | 0.47 | 6 | 11 | -0.28 | -0.13 | 176.86 | 160.00 | 11/27/2026 | Yes | 10 | 63 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.58 | 3.15 | 1.14 | 5.00 | 0.23 | 0.25 | 24 | 5 | -0.23 | -0.09 | 235.81 | 225.00 | 11/27/2026 | Yes | 9 | 52 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.85 | 3.50 | 1.09 | 5.00 | 0.22 | 0.25 | 38 | 45 | -0.24 | -0.09 | 249.07 | 240.00 | 11/27/2026 | No | 9 | 66 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.07 | 1.84 | 0.21 | 1.00 | 0.21 | 0.27 | 1 | 0 | -0.28 | -0.02 | 80.90 | 77.00 | 11/27/2026 | Yes | 16 | 74 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.97 | 2.56 | 0.20 | 1.00 | 0.20 | 0.22 | 3 | 0 | -0.29 | -0.04 | 153.04 | 150.00 | 11/27/2026 | Yes | 8 | 67 | None | |
| MS | Morgan Stanley | Options Chain | 2.62 | 3.45 | 0.97 | 5.00 | 0.19 | 0.30 | 5 | 24 | -0.26 | -0.06 | 186.64 | 170.00 | 11/27/2026 | Yes | 11 | 67 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.14 | 1.70 | 0.19 | 1.00 | 0.19 | 0.36 | 0 | 1 | -0.28 | -0.04 | 61.65 | 58.00 | 11/27/2026 | Yes | 13 | 70 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.41 | 0 | 10 | -0.22 | -0.02 | 24.26 | 22.00 | 11/20/2026 | Yes | 12 | 67 | None | |
| NVO | Novo Nordisk | Options Chain | 0.79 | 1.07 | 0.18 | 1.00 | 0.18 | 0.36 | 7 | 0 | -0.29 | -0.02 | 38.06 | 36.00 | 11/27/2026 | Yes | 11 | 50 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.35 | 0.85 | 0.17 | 1.00 | 0.17 | 0.39 | 0 | 2 | -0.27 | -0.02 | 29.00 | 26.00 | 11/20/2026 | Yes | 7 | 56 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.65 | 0.75 | 0.40 | 2.50 | 0.16 | 0.32 | 21 | 5 | -0.24 | -0.02 | 45.57 | 42.50 | 11/20/2026 | Yes | 15 | 81 | None | |
| INFY | Infosys Ltd | Options Chain | 0.10 | 0.45 | 0.15 | 1.00 | 0.15 | 0.52 | 472 | 3 | -0.12 | 0.00 | 11.45 | 10.00 | 11/20/2026 | Yes | 13 | 44 | None | |
| RF | Regions Financial Corp | Options Chain | 0.30 | 0.55 | 0.15 | 1.00 | 0.15 | 0.34 | 4 | 2 | -0.24 | -0.01 | 26.89 | 25.00 | 11/20/2026 | Yes | 15 | 60 | None | |
| ITUB | Itau Unibanco Holding S.A. | Options Chain | 0.25 | 0.30 | 0.15 | 1.00 | 0.15 | 0.48 | 455 | 0 | -0.28 | -0.01 | 9.91 | 9.00 | 11/20/2026 | Yes | 15 | 47 | None |