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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| XOM | Exxon Mobil Corp | Options Chain | 1.78 | 2.90 | 0.53 | 1.00 | 0.53 | 0.26 | 5 | 15 | -0.29 | -0.04 | 126.54 | 121.00 | 2/27/2026 | No | 11 | 74 | None | |
| QCOM | Qualcomm Inc | Options Chain | 2.03 | 5.95 | 2.18 | 5.00 | 0.44 | 0.38 | 75 | 11 | -0.26 | -0.10 | 165.29 | 155.00 | 2/27/2026 | No | 10 | 64 | None | |
| MO | Altria Group Inc | Options Chain | 0.36 | 1.65 | 0.41 | 1.00 | 0.41 | 0.23 | 21 | 50 | -0.29 | -0.02 | 60.15 | 58.00 | 2/27/2026 | No | 9 | 60 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 5.70 | 9.40 | 1.90 | 5.00 | 0.38 | 0.35 | 17 | 24 | -0.28 | -0.20 | 333.93 | 315.00 | 2/27/2026 | No | 13 | 67 | None | |
| C | Citigroup Inc | Options Chain | 2.32 | 2.73 | 0.37 | 1.00 | 0.37 | 0.31 | 29 | 1 | -0.29 | -0.05 | 116.30 | 110.00 | 2/27/2026 | No | 13 | 70 | None | |
| WMT | Walmart Inc | Options Chain | 2.14 | 2.49 | 0.37 | 1.00 | 0.37 | 0.28 | 15 | 25 | -0.30 | -0.05 | 120.36 | 115.00 | 2/27/2026 | No | 9 | 55 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.10 | 8.90 | 1.60 | 5.00 | 0.32 | 0.39 | 28 | 35 | -0.28 | -0.20 | 331.21 | 310.00 | 2/27/2026 | No | 22 | 67 |
Dividend Stock List |
|
| HD | Home Depot Inc | Options Chain | 6.00 | 8.85 | 1.60 | 5.00 | 0.32 | 0.27 | 2 | 6 | -0.30 | -0.16 | 374.74 | 365.00 | 2/27/2026 | Yes | 8 | 68 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.80 | 10.30 | 1.47 | 5.00 | 0.29 | 0.30 | 132 | 78 | -0.30 | -0.21 | 470.67 | 450.00 | 2/27/2026 | No | 14 | 70 | None | |
| INTU | Intuit Inc | Options Chain | 11.10 | 17.80 | 2.90 | 10.00 | 0.29 | 0.36 | 13 | 10 | -0.28 | -0.31 | 635.44 | 570.00 | 2/27/2026 | Yes | 13 | 64 | None | |
| KO | Coca-Cola Company | Options Chain | 0.65 | 1.09 | 0.29 | 1.00 | 0.29 | 0.18 | 4 | 245 | -0.28 | -0.02 | 70.50 | 69.00 | 2/27/2026 | Yes | 9 | 70 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.20 | 4.00 | 1.43 | 5.00 | 0.29 | 0.23 | 0 | 13 | -0.27 | -0.06 | 209.72 | 205.00 | 2/27/2026 | Yes | 9 | 68 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 2.05 | 2.60 | 0.28 | 1.00 | 0.28 | 0.61 | 0 | 251 | -0.28 | -0.05 | 55.93 | 51.00 | 2/27/2026 | No | 14 | 55 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.31 | 0.49 | 0.14 | 0.50 | 0.28 | 0.25 | 2 | 0 | -0.26 | -0.01 | 23.39 | 22.50 | 2/27/2026 | Yes | 6 | 57 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 4.30 | 4.50 | 1.40 | 5.00 | 0.28 | 0.45 | 40 | 60 | -0.30 | -0.11 | 146.00 | 140.00 | 2/20/2026 | Yes | 9 | 58 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.20 | 1.50 | 0.70 | 2.50 | 0.28 | 0.33 | 32 | 7 | -0.30 | -0.03 | 62.40 | 60.00 | 2/20/2026 | Yes | 11 | 48 | None | |
| ORCL | Oracle Corp | Options Chain | 5.50 | 6.25 | 1.38 | 5.00 | 0.28 | 0.48 | 20 | 72 | -0.26 | -0.14 | 202.29 | 185.00 | 2/27/2026 | No | 10 | 65 | None | |
| AVGO | Broadcom Inc | Options Chain | 10.35 | 11.00 | 1.38 | 5.00 | 0.28 | 0.45 | 40 | 33 | -0.28 | -0.24 | 351.01 | 330.00 | 2/27/2026 | No | 9 | 65 | None | |
| NVO | Novo Nordisk | Options Chain | 0.80 | 2.77 | 0.27 | 1.00 | 0.27 | 0.46 | 36 | 10 | -0.27 | -0.04 | 59.64 | 55.00 | 2/27/2026 | No | 11 | 52 | None | |
| V | Visa Inc - Class A | Options Chain | 4.70 | 7.45 | 1.33 | 5.00 | 0.27 | 0.27 | 26 | 484 | -0.28 | -0.14 | 327.88 | 315.00 | 2/27/2026 | No | 10 | 69 | None | |
| HPQ | HP Inc | Options Chain | 0.36 | 0.70 | 0.13 | 0.50 | 0.26 | 0.41 | 0 | 52 | -0.27 | -0.01 | 21.18 | 19.50 | 2/27/2026 | Yes | 11 | 49 | None | |
| DOW | Dow Inc | Options Chain | 0.69 | 1.04 | 0.13 | 0.50 | 0.26 | 0.48 | 8 | 3 | -0.29 | -0.02 | 26.55 | 24.50 | 2/27/2026 | Yes | 10 | 51 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.45 | 0.60 | 0.13 | 0.50 | 0.26 | 0.31 | 0 | 1 | -0.30 | -0.01 | 24.22 | 23.00 | 2/27/2026 | Yes | 11 | 59 | None | |
| STM | ST Microelectronics | Options Chain | 0.75 | 0.85 | 0.25 | 1.00 | 0.25 | 0.51 | 3 | 0 | -0.26 | -0.02 | 28.43 | 26.00 | 2/20/2026 | No | 11 | 46 | None | |
| SYF | Synchrony Financial | Options Chain | 1.70 | 1.90 | 0.62 | 2.50 | 0.25 | 0.41 | 54 | 33 | -0.27 | -0.05 | 78.06 | 72.50 | 2/20/2026 | No | 12 | 62 | None | |
| RIO | Rio Tinto plc | Options Chain | 1.55 | 1.70 | 0.60 | 2.50 | 0.24 | 0.31 | 97 | 109 | -0.29 | -0.04 | 83.59 | 80.00 | 2/20/2026 | No | 12 | 74 | None | |
| T | AT&T Inc | Options Chain | 0.37 | 0.46 | 0.12 | 0.50 | 0.24 | 0.26 | 17 | 25 | -0.27 | -0.01 | 23.30 | 22.50 | 2/27/2026 | No | 10 | 59 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 3.10 | 3.60 | 1.17 | 5.00 | 0.23 | 0.35 | 9 | 21 | -0.27 | -0.09 | 175.85 | 165.00 | 2/20/2026 | No | 12 | 71 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.48 | 0.64 | 0.23 | 1.00 | 0.23 | 0.39 | 5 | 0 | -0.24 | -0.01 | 28.48 | 26.00 | 2/27/2026 | No | 13 | 63 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.52 | 1.96 | 0.23 | 1.00 | 0.23 | 0.38 | 4 | 39 | -0.28 | -0.04 | 69.33 | 65.00 | 2/27/2026 | No | 11 | 66 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.47 | 1.95 | 0.23 | 1.00 | 0.23 | 0.43 | 8 | 22 | -0.29 | -0.04 | 59.34 | 55.00 | 2/27/2026 | Yes | 11 | 59 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.63 | 2.14 | 0.23 | 1.00 | 0.23 | 0.29 | 5 | 1 | -0.30 | -0.04 | 93.56 | 89.00 | 2/27/2026 | No | 11 | 74 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.76 | 1.09 | 0.57 | 2.50 | 0.23 | 0.28 | 58 | 6 | -0.30 | -0.02 | 49.69 | 47.50 | 2/20/2026 | No | 15 | 75 | None | |
| NUE | Nucor Corp | Options Chain | 3.30 | 3.60 | 1.10 | 5.00 | 0.22 | 0.35 | 37 | 18 | -0.28 | -0.09 | 166.30 | 160.00 | 2/20/2026 | No | 10 | 60 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.55 | 5.20 | 1.10 | 5.00 | 0.22 | 0.23 | 79 | 87 | -0.29 | -0.13 | 324.49 | 300.00 | 2/27/2026 | Yes | 11 | 78 | None | |
| HAL | Halliburton Company | Options Chain | 0.60 | 0.85 | 0.22 | 1.00 | 0.22 | 0.40 | 0 | 5 | -0.25 | -0.02 | 31.90 | 30.00 | 2/27/2026 | Yes | 7 | 56 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.20 | 1.07 | 0.22 | 1.00 | 0.22 | 0.23 | 0 | 20 | -0.26 | -0.02 | 55.92 | 53.00 | 2/27/2026 | Yes | 10 | 52 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.12 | 1.75 | 0.22 | 1.00 | 0.22 | 0.28 | 9 | 8 | -0.29 | -0.03 | 73.99 | 72.00 | 2/27/2026 | No | 10 | 65 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.85 | 1.05 | 0.22 | 1.00 | 0.22 | 0.37 | 144 | 18 | -0.29 | -0.02 | 44.04 | 41.00 | 2/20/2026 | Yes | 11 | 71 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.75 | 0.85 | 0.21 | 1.00 | 0.21 | 0.25 | 17 | 12 | -0.26 | -0.02 | 55.25 | 52.00 | 2/27/2026 | Yes | 10 | 65 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.87 | 1.04 | 0.21 | 1.00 | 0.21 | 0.33 | 15 | 23 | -0.28 | -0.02 | 43.31 | 41.00 | 2/27/2026 | No | 7 | 53 | None | |
| AZN | Astrazeneca plc | Options Chain | 1.45 | 2.00 | 0.51 | 2.50 | 0.20 | 0.28 | 19 | 31 | -0.30 | -0.03 | 93.38 | 90.00 | 2/20/2026 | Yes | 11 | 67 | None | |
| EQNR | Equinor ASA | Options Chain | 0.30 | 0.50 | 0.20 | 1.00 | 0.20 | 0.31 | 15 | 1 | -0.25 | -0.01 | 24.51 | 23.00 | 2/20/2026 | Yes | 9 | 45 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 2.60 | 5.30 | 0.93 | 5.00 | 0.19 | 0.31 | 11 | 0 | -0.30 | -0.09 | 197.31 | 180.00 | 2/27/2026 | No | 10 | 67 | None | |
| RTX | RTX Corp | Options Chain | 2.42 | 3.60 | 0.90 | 5.00 | 0.18 | 0.32 | 2 | 0 | -0.25 | -0.09 | 194.08 | 180.00 | 2/27/2026 | No | 13 | 64 | None | |
| COF | Capital One Financial Corp | Options Chain | 4.00 | 5.10 | 0.87 | 5.00 | 0.17 | 0.35 | 301 | 0 | -0.26 | -0.12 | 234.15 | 215.00 | 2/27/2026 | No | 9 | 68 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.30 | 7.20 | 0.87 | 5.00 | 0.17 | 0.34 | 2 | 0 | -0.28 | -0.15 | 312.18 | 285.00 | 2/27/2026 | Yes | 9 | 63 | None | |
| INFY | Infosys Ltd | Options Chain | 0.25 | 0.35 | 0.17 | 1.00 | 0.17 | 0.38 | 112 | 4 | -0.22 | -0.01 | 17.80 | 16.00 | 2/20/2026 | Yes | 13 | 51 | None | |
| STT | State Street Corp | Options Chain | 1.45 | 2.10 | 0.85 | 5.00 | 0.17 | 0.32 | 12 | 0 | -0.25 | -0.07 | 132.81 | 125.00 | 2/20/2026 | No | 13 | 66 | None | |
| BK | Bank Of New York Mellon Corp | Options Chain | 0.95 | 1.80 | 0.83 | 5.00 | 0.17 | 0.26 | 101 | 51 | -0.18 | -0.02 | 122.93 | 115.00 | 2/20/2026 | Yes | 15 | 74 | None | |
| MET | Metlife Inc | Options Chain | 1.05 | 1.25 | 0.40 | 2.50 | 0.16 | 0.29 | 14 | 6 | -0.26 | -0.03 | 77.08 | 72.50 | 2/20/2026 | No | 18 | 71 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.40 | 0.52 | 0.16 | 1.00 | 0.16 | 0.24 | 33 | 7 | -0.22 | -0.02 | 39.01 | 37.00 | 2/27/2026 | No | 15 | 73 | None | |
| CB | Chubb Ltd | Options Chain | 2.85 | 4.60 | 0.78 | 5.00 | 0.16 | 0.22 | 96 | 5 | -0.27 | -0.12 | 306.65 | 290.00 | 2/20/2026 | No | 13 | 63 | None |