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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ABT | Abbott Laboratories | Options Chain | 1.15 | 1.75 | 0.50 | 1.00 | 0.50 | 0.25 | 3 | 0 | -0.28 | -0.05 | 96.81 | 92.00 | 5/29/2026 | No | 13 | 61 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 7.70 | 9.25 | 1.95 | 5.00 | 0.39 | 0.66 | 5 | 27 | -0.27 | -0.19 | 196.55 | 185.00 | 5/29/2026 | No | 12 | 53 | None | |
| EQT | EQT Corp | Options Chain | 1.23 | 1.76 | 0.38 | 1.00 | 0.38 | 0.39 | 0 | 10 | -0.30 | -0.03 | 58.48 | 54.00 | 5/29/2026 | Yes | 14 | 70 | None | |
| RTX | RTX Corp | Options Chain | 3.30 | 6.50 | 1.80 | 5.00 | 0.36 | 0.35 | 0 | 10 | -0.29 | -0.09 | 196.42 | 185.00 | 5/29/2026 | Yes | 9 | 60 | None | |
| MRK | Merck & Co Inc | Options Chain | 1.97 | 2.86 | 0.35 | 1.00 | 0.35 | 0.34 | 0 | 5 | -0.28 | -0.07 | 123.02 | 111.00 | 5/29/2026 | Yes | 12 | 75 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.30 | 4.05 | 0.33 | 1.00 | 0.33 | 0.40 | 0 | 1 | -0.30 | -0.09 | 127.56 | 130.00 | 5/29/2026 | Yes | 9 | 66 | None | |
| VST | Vistra Corp | Options Chain | 4.75 | 6.30 | 1.65 | 5.00 | 0.33 | 0.58 | 17 | 14 | -0.27 | -0.14 | 163.46 | 145.00 | 5/29/2026 | Yes | 6 | 54 | None | |
| CTRA | Coterra Energy Inc | Options Chain | 0.50 | 1.10 | 0.32 | 1.00 | 0.32 | 0.44 | 2 | 0 | -0.26 | -0.02 | 30.89 | 29.00 | 5/29/2026 | Yes | 15 | 70 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.17 | 1.45 | 0.32 | 1.00 | 0.32 | 0.40 | 21 | 8 | -0.28 | -0.03 | 58.29 | 51.00 | 5/29/2026 | Yes | 7 | 51 | None | |
| APA | APA Corporation | Options Chain | 1.08 | 1.35 | 0.32 | 1.00 | 0.32 | 0.53 | 0 | 10 | -0.29 | -0.03 | 35.74 | 33.00 | 5/29/2026 | Yes | 12 | 62 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.85 | 2.45 | 0.32 | 1.00 | 0.32 | 0.57 | 0 | 1 | -0.29 | -0.05 | 59.06 | 54.00 | 5/29/2026 | Yes | 14 | 55 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.70 | 1.09 | 0.16 | 0.50 | 0.32 | 0.48 | 0 | 20 | -0.30 | -0.02 | 26.44 | 26.00 | 5/29/2026 | No | 8 | 53 | None | |
| AVGO | Broadcom Inc | Options Chain | 11.30 | 12.45 | 1.55 | 5.00 | 0.31 | 0.45 | 48 | 47 | -0.30 | -0.28 | 406.54 | 375.00 | 5/29/2026 | No | 9 | 62 | None | |
| V | Visa Inc - Class A | Options Chain | 3.85 | 5.80 | 1.53 | 5.00 | 0.31 | 0.27 | 49 | 45 | -0.28 | -0.13 | 317.02 | 300.00 | 5/29/2026 | Yes | 10 | 65 | None | |
| GE | General Electric Company | Options Chain | 5.60 | 8.70 | 1.52 | 5.00 | 0.30 | 0.40 | 0 | 7 | -0.27 | -0.19 | 304.13 | 285.00 | 5/29/2026 | Yes | 8 | 60 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.85 | 9.55 | 1.50 | 5.00 | 0.30 | 0.35 | 24 | 84 | -0.29 | -0.22 | 422.79 | 395.00 | 5/29/2026 | Yes | 15 | 71 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.95 | 1.05 | 0.30 | 1.00 | 0.30 | 0.39 | 4 | 1 | -0.26 | -0.03 | 44.23 | 42.00 | 5/29/2026 | Yes | 9 | 63 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.40 | 7.60 | 1.45 | 5.00 | 0.29 | 0.36 | 22 | 11 | -0.27 | -0.19 | 324.63 | 305.00 | 5/29/2026 | Yes | 8 | 58 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.79 | 2.31 | 0.29 | 1.00 | 0.29 | 0.37 | 4 | 1 | -0.29 | -0.05 | 83.10 | 83.00 | 5/29/2026 | Yes | 9 | 64 | None | |
| NVO | Novo Nordisk | Options Chain | 1.15 | 1.49 | 0.29 | 1.00 | 0.29 | 0.47 | 8 | 46 | -0.30 | -0.03 | 40.52 | 38.00 | 5/29/2026 | Yes | 12 | 54 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.47 | 0.86 | 0.28 | 1.00 | 0.28 | 0.39 | 3 | 5 | -0.25 | -0.02 | 29.63 | 28.00 | 5/29/2026 | Yes | 14 | 68 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.94 | 2.17 | 0.28 | 1.00 | 0.28 | 0.23 | 34 | 44 | -0.27 | -0.03 | 146.90 | 138.00 | 5/29/2026 | Yes | 9 | 65 | None | |
| HPQ | HP Inc | Options Chain | 0.32 | 0.70 | 0.14 | 0.50 | 0.28 | 0.48 | 15 | 5 | -0.26 | -0.02 | 18.39 | 18.00 | 5/29/2026 | Yes | 13 | 51 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.05 | 10.20 | 1.35 | 5.00 | 0.27 | 0.41 | 19 | 135 | -0.29 | -0.25 | 370.50 | 345.00 | 5/29/2026 | No | 20 | 62 |
Dividend Stock List |
|
| XOM | Exxon Mobil Corp | Options Chain | 2.79 | 3.35 | 1.31 | 5.00 | 0.26 | 0.33 | 7 | 91 | -0.29 | -0.07 | 146.44 | 140.00 | 5/29/2026 | Yes | 9 | 64 | None | |
| ORCL | Oracle Corp | Options Chain | 6.00 | 6.90 | 0.65 | 2.50 | 0.26 | 0.53 | 46 | 5 | -0.30 | -0.15 | 175.06 | 165.00 | 5/29/2026 | No | 7 | 61 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.49 | 2.29 | 0.26 | 1.00 | 0.26 | 0.45 | 4 | 84 | -0.27 | -0.05 | 71.72 | 66.00 | 5/29/2026 | No | 17 | 66 | None | |
| COP | Conoco Phillips | Options Chain | 2.15 | 2.64 | 0.25 | 1.00 | 0.25 | 0.34 | 1 | 0 | -0.28 | -0.06 | 116.04 | 110.00 | 5/29/2026 | Yes | 8 | 72 | None | |
| TGT | Target Corp | Options Chain | 3.15 | 4.05 | 0.25 | 1.00 | 0.25 | 0.42 | 1 | 2 | -0.29 | -0.06 | 123.50 | 121.00 | 5/29/2026 | Yes | 13 | 63 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.35 | 7.15 | 1.22 | 5.00 | 0.24 | 0.42 | 0 | 1 | -0.27 | -0.14 | 237.12 | 235.00 | 5/29/2026 | Yes | 10 | 67 | None | |
| DHR | Danaher Corp | Options Chain | 3.70 | 5.20 | 1.20 | 5.00 | 0.24 | 0.35 | 0 | 1 | -0.30 | -0.10 | 194.75 | 185.00 | 5/29/2026 | Yes | 6 | 56 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.94 | 1.32 | 0.24 | 1.00 | 0.24 | 0.31 | 1 | 18 | -0.26 | -0.03 | 60.17 | 56.00 | 5/29/2026 | Yes | 15 | 60 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.84 | 0.90 | 0.23 | 1.00 | 0.23 | 0.25 | 0 | 2 | -0.29 | -0.02 | 53.91 | 52.00 | 5/29/2026 | No | 13 | 74 | None | |
| F | Ford Motor Company | Options Chain | 0.27 | 0.32 | 0.11 | 0.50 | 0.22 | 0.38 | 75 | 39 | -0.28 | -0.01 | 12.87 | 12.00 | 5/29/2026 | Yes | 7 | 48 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.40 | 5.10 | 1.07 | 5.00 | 0.21 | 0.24 | 6 | 39 | -0.29 | -0.13 | 310.29 | 305.00 | 5/29/2026 | No | 9 | 70 | None | |
| KO | Coca-Cola Company | Options Chain | 0.79 | 1.00 | 0.21 | 1.00 | 0.21 | 0.21 | 115 | 34 | -0.28 | -0.03 | 75.74 | 73.00 | 5/29/2026 | Yes | 8 | 62 | None | |
| T | AT&T Inc | Options Chain | 0.37 | 0.55 | 0.21 | 1.00 | 0.21 | 0.29 | 71 | 6 | -0.29 | -0.01 | 26.51 | 25.00 | 5/29/2026 | Yes | 11 | 66 | None | |
| DOW | Dow Inc | Options Chain | 0.98 | 1.62 | 0.21 | 1.00 | 0.21 | 0.52 | 6 | 0 | -0.30 | -0.03 | 38.01 | 34.00 | 5/29/2026 | Yes | 6 | 47 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.55 | 0.70 | 0.20 | 1.00 | 0.20 | 0.27 | 6 | 46 | -0.24 | -0.02 | 46.55 | 44.00 | 5/29/2026 | Yes | 9 | 73 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.26 | 1.56 | 0.18 | 1.00 | 0.18 | 0.29 | 4 | 0 | -0.28 | -0.03 | 81.41 | 78.00 | 5/29/2026 | No | 10 | 65 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.44 | 3.15 | 0.82 | 5.00 | 0.16 | 0.24 | 42 | 26 | -0.26 | -0.08 | 234.18 | 220.00 | 5/29/2026 | No | 9 | 66 | None |