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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RRC | Range Resources Corp | Options Chain | 1.30 | 1.85 | 0.53 | 1.00 | 0.53 | 0.36 | 7 | 0 | -0.30 | -0.03 | 45.52 | 50.00 | 12/18/2026 | No | 11 | 56 | None | |
| ORCL | Oracle Corp | Options Chain | 6.80 | 6.90 | 1.70 | 5.00 | 0.34 | 0.64 | 116 | 314 | -0.29 | -0.11 | 126.16 | 115.00 | 12/18/2026 | No | 13 | 73 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 23.70 | 24.65 | 3.30 | 10.00 | 0.33 | 0.69 | 11 | 2 | -0.29 | -0.43 | 456.44 | 420.00 | 12/18/2026 | No | 14 | 59 | None | |
| QCOM | Qualcomm Inc | Options Chain | 7.60 | 7.80 | 1.65 | 5.00 | 0.33 | 0.51 | 13 | 19 | -0.29 | -0.11 | 175.91 | 165.00 | 12/18/2026 | No | 12 | 70 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.65 | 7.35 | 1.65 | 5.00 | 0.33 | 0.33 | 119 | 15 | -0.30 | -0.10 | 253.56 | 240.00 | 12/18/2026 | No | 9 | 67 | None | |
| GLW | Corning Inc | Options Chain | 5.25 | 5.55 | 1.55 | 5.00 | 0.31 | 0.58 | 98 | 27 | -0.28 | -0.10 | 123.69 | 115.00 | 12/18/2026 | No | 8 | 52 | None | |
| TGT | Target Corp | Options Chain | 4.55 | 4.95 | 1.47 | 5.00 | 0.29 | 0.38 | 4 | 28 | -0.30 | -0.07 | 152.76 | 140.00 | 12/18/2026 | No | 15 | 72 | None | |
| APA | APA Corporation | Options Chain | 1.77 | 1.89 | 0.73 | 2.50 | 0.29 | 0.49 | 3 | 0 | -0.28 | -0.04 | 51.90 | 47.50 | 12/18/2026 | Yes | 14 | 73 | None | |
| WMT | Walmart Inc | Options Chain | 2.88 | 2.93 | 1.37 | 5.00 | 0.27 | 0.29 | 739 | 125 | -0.30 | -0.05 | 119.89 | 115.00 | 12/18/2026 | No | 9 | 57 | None | |
| HAS | Hasbro Inc | Options Chain | 2.55 | 3.00 | 1.33 | 5.00 | 0.27 | 0.30 | 1 | 2 | -0.28 | -0.04 | 117.44 | 110.00 | 12/18/2026 | No | 7 | 60 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.18 | 1.27 | 0.66 | 2.50 | 0.26 | 0.42 | 100 | 111 | -0.30 | -0.02 | 37.30 | 35.00 | 12/18/2026 | No | 13 | 58 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 9.10 | 9.35 | 2.63 | 10.00 | 0.26 | 0.29 | 92 | 57 | -0.30 | -0.15 | 418.62 | 390.00 | 12/18/2026 | No | 10 | 58 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 7.00 | 9.00 | 2.60 | 10.00 | 0.26 | 0.52 | 0 | 25 | -0.25 | -0.15 | 234.92 | 220.00 | 12/18/2026 | No | 14 | 74 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.35 | 10.65 | 2.60 | 10.00 | 0.26 | 0.36 | 4368 | 330 | -0.29 | -0.21 | 418.51 | 400.00 | 12/18/2026 | No | 23 | 68 |
Dividend Stock List |
|
| CMCSA | Comcast Corp - Class A | Options Chain | 0.57 | 0.60 | 0.26 | 1.00 | 0.26 | 0.35 | 4 | 5 | -0.29 | -0.01 | 22.80 | 21.00 | 12/18/2026 | No | 15 | 68 | None | |
| EQT | EQT Corp | Options Chain | 1.10 | 1.32 | 0.63 | 2.50 | 0.25 | 0.34 | 49 | 9 | -0.27 | -0.03 | 55.63 | 50.00 | 12/18/2026 | No | 11 | 60 | None | |
| AA | Alcoa Corp | Options Chain | 1.00 | 1.21 | 0.50 | 2.00 | 0.25 | 0.46 | 303 | 18 | -0.25 | -0.02 | 37.91 | 35.00 | 12/18/2026 | No | 19 | 49 | None | |
| VTRS | Viatris Inc | Options Chain | 0.40 | 0.60 | 0.25 | 1.00 | 0.25 | 0.38 | 0 | 101 | -0.29 | -0.01 | 18.00 | 17.00 | 12/18/2026 | No | 6 | 52 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.30 | 1.38 | 0.60 | 2.50 | 0.24 | 0.39 | 19 | 2 | -0.27 | -0.03 | 51.39 | 47.50 | 12/18/2026 | No | 13 | 65 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.32 | 1.38 | 0.60 | 2.50 | 0.24 | 0.33 | 11 | 3 | -0.27 | -0.03 | 61.50 | 57.50 | 12/18/2026 | Yes | 16 | 70 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.50 | 0.75 | 0.23 | 1.00 | 0.23 | 0.44 | 1 | 0 | -0.23 | -0.01 | 25.49 | 23.00 | 12/18/2026 | No | 13 | 67 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.98 | 1.25 | 0.56 | 2.50 | 0.22 | 0.24 | 9 | 9 | -0.30 | -0.02 | 59.58 | 57.50 | 12/18/2026 | No | 15 | 74 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.60 | 0.69 | 0.22 | 1.00 | 0.22 | 0.25 | 64 | 259 | -0.25 | -0.02 | 44.66 | 41.00 | 12/18/2026 | No | 10 | 73 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.83 | 0.85 | 0.22 | 1.00 | 0.22 | 0.26 | 268 | 22 | -0.26 | -0.02 | 50.72 | 48.00 | 12/18/2026 | No | 12 | 74 | None | |
| T | AT&T Inc | Options Chain | 0.41 | 0.44 | 0.22 | 1.00 | 0.22 | 0.28 | 523 | 1029 | -0.28 | -0.01 | 20.97 | 20.00 | 12/18/2026 | No | 10 | 60 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.59 | 0.63 | 0.22 | 1.00 | 0.22 | 0.28 | 37 | 16 | -0.28 | -0.01 | 34.54 | 32.00 | 12/18/2026 | No | 10 | 59 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.30 | 1.65 | 0.53 | 2.50 | 0.21 | 0.35 | 0 | 13 | -0.23 | -0.04 | 77.85 | 72.50 | 12/18/2026 | Yes | 10 | 59 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.43 | 0.52 | 0.21 | 1.00 | 0.21 | 0.20 | 5 | 0 | -0.24 | -0.01 | 37.08 | 35.00 | 12/18/2026 | No | 12 | 68 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.80 | 3.05 | 1.03 | 5.00 | 0.21 | 0.30 | 356 | 30 | -0.24 | -0.06 | 183.21 | 170.00 | 12/18/2026 | No | 13 | 71 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.15 | 3.40 | 1.03 | 5.00 | 0.21 | 0.25 | 17 | 49 | -0.24 | -0.07 | 248.44 | 235.00 | 12/18/2026 | No | 9 | 59 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.85 | 4.15 | 2.03 | 10.00 | 0.20 | 0.26 | 140 | 69 | -0.25 | -0.08 | 263.81 | 250.00 | 12/18/2026 | No | 9 | 66 | None | |
| TD | Toronto Dominion Bank | Options Chain | 1.90 | 2.20 | 1.00 | 5.00 | 0.20 | 0.23 | 0 | 2 | -0.28 | -0.04 | 124.61 | 120.00 | 12/18/2026 | No | 14 | 75 | None | |
| IP | International Paper Company | Options Chain | 0.80 | 1.10 | 0.50 | 2.50 | 0.20 | 0.44 | 1 | 1 | -0.26 | -0.02 | 33.19 | 30.00 | 12/18/2026 | No | 6 | 60 | None | |
| MFC | Manulife Financial Corp | Options Chain | 0.40 | 1.15 | 0.20 | 1.00 | 0.20 | 0.26 | 1 | 0 | -0.27 | -0.01 | 44.26 | 42.00 | 12/18/2026 | No | 16 | 68 | None | |
| BCS | Barclays plc | Options Chain | 0.50 | 0.55 | 0.20 | 1.00 | 0.20 | 0.34 | 3 | 2 | -0.27 | -0.01 | 21.40 | 21.00 | 12/18/2026 | No | 18 | 58 | None | |
| F | Ford Motor Company | Options Chain | 0.12 | 0.15 | 0.03 | 0.15 | 0.20 | 0.39 | 13 | 0 | -0.13 | 0.00 | 11.60 | 10.00 | 12/18/2026 | No | 9 | 51 | None | |
| KO | Coca-Cola Company | Options Chain | 1.10 | 1.23 | 0.49 | 2.50 | 0.20 | 0.22 | 34 | 43 | -0.25 | -0.02 | 92.90 | 87.50 | 12/18/2026 | No | 9 | 61 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.00 | 1.07 | 0.45 | 2.50 | 0.18 | 0.23 | 17 | 29 | -0.25 | -0.02 | 82.10 | 77.50 | 12/18/2026 | No | 7 | 63 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.60 | 0.75 | 0.18 | 1.00 | 0.18 | 0.31 | 4 | 1 | -0.25 | -0.01 | 39.06 | 36.00 | 12/18/2026 | No | 15 | 78 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.45 | 0.18 | 1.00 | 0.18 | 0.27 | 23 | 0 | -0.28 | -0.01 | 21.08 | 20.00 | 12/18/2026 | No | 15 | 67 | None | |
| RF | Regions Financial Corp | Options Chain | 0.20 | 0.75 | 0.15 | 1.00 | 0.15 | 0.26 | 0 | 1 | -0.27 | -0.01 | 28.47 | 27.00 | 12/18/2026 | No | 17 | 68 | None |