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.

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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
AVGO Broadcom Inc Options Chain 13.45 16.25 1.90 5.00 0.38 0.53 13 19 -0.30 -0.35 425.44 395.00 6/12/2026 Yes 9 62 None
EQNR Equinor ASA Options Chain 0.95 1.05 0.35 1.00 0.35 0.42 30 30 -0.26 -0.02 41.36 35.00 6/18/2026 Yes 9 56 None
GLW Corning Inc Options Chain 8.75 9.30 1.68 5.00 0.34 0.70 296 275 -0.29 -0.18 162.10 165.00 6/18/2026 No 9 54 None
ORCL Oracle Corp Options Chain 9.10 9.50 1.67 5.00 0.33 0.69 378 849 -0.28 -0.19 194.03 175.00 6/18/2026 Yes 9 66 None
HPE Hewlett Packard Enterprise Company Options Chain 0.96 1.22 0.30 1.00 0.30 0.52 44 11 -0.30 -0.02 30.04 28.00 6/18/2026 Yes 7 54 None
VST Vistra Corp Options Chain 5.60 6.30 1.45 5.00 0.29 0.57 145 1172 -0.28 -0.14 158.29 145.00 6/18/2026 Yes 6 54 None
EBAY EBay Inc Options Chain 2.20 2.46 0.72 2.50 0.29 0.39 199 19 -0.25 -0.06 105.26 100.00 6/18/2026 Yes 10 66 None
TSM Taiwan Semiconductor Manufacturing Options Chain 12.45 12.90 2.85 10.00 0.29 0.45 754 822 -0.29 -0.28 419.50 390.00 6/18/2026 No 20 61
Dividend Stock List
INFY Infosys Ltd Options Chain 0.10 0.65 0.28 1.00 0.28 0.41 4 0 -0.18 0.00 12.46 11.00 6/18/2026 No 16 51 None
COST Costco Wholesale Corp Options Chain 16.30 18.00 1.40 5.00 0.28 0.25 103 52 -0.30 -0.43 1,016.42 960.00 6/18/2026 Yes 14 60 None
DELL Dell Technologies Inc - Class C Options Chain 8.80 9.40 2.75 10.00 0.28 0.68 200 172 -0.24 -0.22 216.32 210.00 6/18/2026 Yes 12 53 None
LYB LyondellBasell Industries NV - Class A Options Chain 1.90 2.35 0.68 2.50 0.27 0.45 49 31 -0.28 -0.04 77.76 67.50 6/18/2026 No 7 61 None
GE General Electric Company Options Chain 7.20 9.30 2.70 10.00 0.27 0.38 126 174 -0.30 -0.19 286.68 290.00 6/18/2026 No 9 60 None
QCOM Qualcomm Inc Options Chain 5.15 5.85 1.35 5.00 0.27 0.50 338 260 -0.25 -0.13 192.57 175.00 6/18/2026 No 11 63 None
PR Permian Resources Corp - Class A Options Chain 0.50 0.80 0.27 1.00 0.27 0.41 2 13 -0.30 -0.01 21.21 20.00 6/18/2026 Yes 10 65 None
GPN Global Payments Inc Options Chain 1.85 2.15 0.67 2.50 0.27 0.43 68 211 -0.29 -0.04 70.96 65.00 6/18/2026 Yes 10 66 None
MSFT Microsoft Corporation Options Chain 7.40 7.65 1.33 5.00 0.27 0.28 214 299 -0.28 -0.17 411.38 395.00 6/18/2026 No 12 65 None
MPC Marathon Petroleum Corp Options Chain 5.70 7.00 2.60 10.00 0.26 0.39 55 26 -0.29 -0.14 260.51 230.00 6/18/2026 No 11 64 None
JCI Johnson Controls International plc Options Chain 2.55 3.40 1.30 5.00 0.26 0.33 19 5 -0.29 -0.07 144.82 135.00 6/18/2026 Yes 10 62 None
ZTS Zoetis Inc - Class A Options Chain 2.70 3.90 1.30 5.00 0.26 0.42 33 8 -0.30 -0.08 111.22 105.00 6/18/2026 Yes 11 55 None
KEY Keycorp Options Chain 0.30 0.55 0.25 1.00 0.25 0.29 20 2 -0.27 -0.01 21.87 21.00 6/18/2026 No 14 68 None
ALLY Ally Financial Inc Options Chain 0.80 1.05 0.25 1.00 0.25 0.34 9 23 -0.27 -0.02 44.30 42.00 6/18/2026 No 15 74 None
EXC Exelon Corp Options Chain 0.55 1.30 0.25 1.00 0.25 0.29 28 20 -0.29 -0.02 46.18 43.00 6/18/2026 Yes 10 65 None
PEP PepsiCo Inc Options Chain 2.42 2.66 1.22 5.00 0.24 0.23 5258 194 -0.30 -0.04 154.95 150.00 6/18/2026 No 12 61 None
LH Laboratory Corp Of America Holdings Options Chain 4.80 5.70 2.40 10.00 0.24 0.28 70 2 -0.30 -0.11 257.14 250.00 6/18/2026 No 11 61 None
IBM International Business Machines Corp Options Chain 4.00 4.25 1.20 5.00 0.24 0.34 83 40 -0.25 -0.09 229.03 210.00 6/18/2026 No 14 72 None
BWA BorgWarner Inc Options Chain 1.15 1.75 0.60 2.50 0.24 0.41 51 10 -0.26 -0.03 59.41 55.00 6/18/2026 Yes 10 56 None
RIO Rio Tinto plc Options Chain 2.10 2.45 0.60 2.50 0.24 0.33 236 9 -0.28 -0.06 100.62 100.00 6/18/2026 No 10 72 None
HPQ HP Inc Options Chain 0.57 0.68 0.24 1.00 0.24 0.55 103 114 -0.24 -0.01 21.15 19.00 6/18/2026 Yes 10 41 None
DOW Dow Inc Options Chain 1.07 1.14 0.58 2.50 0.23 0.48 173 96 -0.26 -0.02 40.80 35.00 6/18/2026 No 6 47 None
APA APA Corporation Options Chain 1.12 1.25 0.58 2.50 0.23 0.51 31 21 -0.27 -0.03 38.30 35.00 6/18/2026 Yes 9 51 None
DAL Delta Air Lines Inc Options Chain 1.80 1.96 0.57 2.50 0.23 0.44 141 3595 -0.26 -0.04 70.86 67.50 6/18/2026 No 17 66 None
UNH Unitedhealth Group Inc Options Chain 6.05 6.50 2.25 10.00 0.23 0.27 81 118 -0.28 -0.15 367.28 350.00 6/18/2026 No 9 58 None
V Visa Inc - Class A Options Chain 3.80 4.45 1.12 5.00 0.22 0.23 39 647 -0.26 -0.11 318.80 305.00 6/18/2026 No 12 71 None
XOM Exxon Mobil Corp Options Chain 2.56 2.68 1.12 5.00 0.22 0.29 392 219 -0.28 -0.05 148.69 140.00 6/18/2026 No 10 70 None
APH Amphenol Corp - Class A Options Chain 3.30 3.60 1.10 5.00 0.22 0.48 44 54 -0.24 -0.09 136.69 125.00 6/18/2026 No 9 58 None
SCHW Charles Schwab Corp Options Chain 1.49 1.81 0.55 2.50 0.22 0.29 15 137 -0.28 -0.04 92.40 87.50 6/18/2026 No 15 69 None
CSCO Cisco Systems Inc Options Chain 1.80 1.91 0.54 2.50 0.22 0.37 112 317 -0.24 -0.05 94.30 85.00 6/18/2026 Yes 7 60 None
MCD McDonald`s Corp Options Chain 3.15 3.60 1.05 5.00 0.21 0.23 437 116 -0.25 -0.08 285.17 270.00 6/18/2026 Yes 9 61 None
C Citigroup Inc Options Chain 2.36 2.54 1.04 5.00 0.21 0.33 169 118 -0.26 -0.07 127.60 120.00 6/18/2026 No 14 77 None
JPM JPMorgan Chase & Company Options Chain 4.35 4.60 1.03 5.00 0.21 0.25 620 281 -0.26 -0.13 309.40 300.00 6/18/2026 No 9 70 None
LUV Southwest Airlines Company Options Chain 1.05 1.17 0.51 2.50 0.20 0.50 61 346 -0.25 -0.03 39.71 37.50 6/18/2026 No 12 62 None
FANG Diamondback Energy Inc Options Chain 3.50 4.20 1.00 5.00 0.20 0.36 17 62 -0.25 -0.08 206.18 180.00 6/18/2026 No 8 64 None
HAS Hasbro Inc Options Chain 1.70 2.95 0.50 2.50 0.20 0.40 6 4 -0.27 -0.05 94.76 90.00 6/18/2026 Yes 5 59 None
IVZ Invesco Ltd Options Chain 0.45 0.60 0.20 1.00 0.20 0.38 4 10 -0.23 -0.01 26.83 25.00 6/18/2026 No 9 56 None
ING ING Groep N.V. Options Chain 0.45 0.60 0.20 1.00 0.20 0.33 10 0 -0.24 -0.01 28.41 28.00 6/18/2026 No 9 54 None
RTX RTX Corp Options Chain 2.47 2.62 0.98 5.00 0.20 0.30 50 30 -0.23 -0.07 176.74 165.00 6/18/2026 No 14 67 None
FCX Freeport-McMoRan Inc Options Chain 1.51 1.60 0.94 5.00 0.19 0.50 466 370 -0.23 -0.04 57.68 55.00 6/18/2026 No 12 62 None
GM General Motors Company Options Chain 1.18 1.27 0.47 2.50 0.19 0.34 84 90 -0.22 -0.04 76.15 72.50 6/18/2026 No 9 60 None
CG Carlyle Group Inc (The) Options Chain 1.10 1.40 0.47 2.50 0.19 0.51 1 2 -0.22 -0.03 51.29 45.00 6/18/2026 Yes 12 69 None
CDW CDW Corp Options Chain 2.25 2.75 0.92 5.00 0.18 0.40 296 74 -0.26 -0.05 136.80 100.00 6/18/2026 Yes 11 50 None
SLB SLB Options Chain 0.80 0.88 0.46 2.50 0.18 0.37 52 58 -0.20 -0.02 55.16 50.00 6/18/2026 No 8 66 None
PAAS Pan American Silver Corp Options Chain 1.35 1.50 0.90 5.00 0.18 0.54 45 48 -0.22 -0.04 51.19 50.00 6/18/2026 Yes 19 63 None
VZ Verizon Communications Inc Options Chain 0.45 0.51 0.18 1.00 0.18 0.22 538 85 -0.23 -0.02 47.44 45.00 6/18/2026 No 9 64 None
DVN Devon Energy Corp Options Chain 0.61 0.88 0.44 2.50 0.18 0.37 299 17 -0.22 -0.02 50.99 42.50 6/18/2026 No 9 62 None
WFC Wells Fargo & Company Options Chain 1.05 1.19 0.43 2.50 0.17 0.29 120 162 -0.24 -0.03 80.42 75.00 6/18/2026 No 13 73 None
VTRS Viatris Inc Options Chain 0.00 0.60 0.17 1.00 0.17 0.62 30 0 -0.19 -0.01 15.95 14.00 6/18/2026 Yes 6 51 None
BCS Barclays plc Options Chain 0.45 0.55 0.17 1.00 0.17 0.41 15 2 -0.23 -0.01 24.02 22.00 6/18/2026 No 18 68 None
BMY Bristol-Myers Squibb Company Options Chain 0.56 0.65 0.42 2.50 0.17 0.28 317 8 -0.20 -0.03 56.59 52.50 6/18/2026 No 15 61 None
CLX Clorox Company Options Chain 1.40 1.55 0.83 5.00 0.17 0.30 261 346 -0.24 -0.05 86.12 85.00 6/18/2026 No 14 56 None
OXY Occidental Petroleum Corp Options Chain 0.78 0.90 0.41 2.50 0.16 0.37 1166 114 -0.20 -0.02 58.00 50.00 6/18/2026 Yes 7 51 None
MET Metlife Inc Options Chain 1.10 1.65 0.40 2.50 0.16 0.31 6 263 -0.27 -0.03 79.90 75.00 6/18/2026 Yes 13 70 None
WMT Walmart Inc Options Chain 1.63 1.76 0.78 5.00 0.16 0.31 363 237 -0.23 -0.06 130.08 120.00 6/18/2026 Yes 8 58 None
CARR Carrier Global Corp Options Chain 1.05 1.40 0.38 2.50 0.15 0.37 15 413 -0.23 -0.04 67.90 62.50 6/18/2026 No 6 54 None
BMO Bank of Montreal Options Chain 1.25 1.70 0.75 5.00 0.15 0.23 27 2 -0.20 -0.06 155.02 145.00 6/18/2026 Yes 13 70 None
HBAN Huntington Bancshares Inc Options Chain 0.15 0.30 0.15 1.00 0.15 0.36 3 0 -0.18 -0.01 16.41 15.00 6/18/2026 No 8 57 None
KMI Kinder Morgan Inc - Class P Options Chain 0.33 0.39 0.15 1.00 0.15 0.24 34 71 -0.24 -0.01 32.29 30.00 6/18/2026 No 8 60 None