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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| DELL | Dell Technologies Inc - Class C | Options Chain | 29.65 | 31.55 | 4.05 | 10.00 | 0.40 | 0.90 | 69 | 58 | -0.29 | -0.50 | 369.64 | 360.00 | 9/18/2026 | Yes | 13 | 57 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.63 | 2.93 | 0.38 | 1.00 | 0.38 | 0.82 | 10 | 1863 | -0.28 | -0.05 | 44.84 | 41.00 | 9/18/2026 | Yes | 8 | 51 | None | |
| ORCL | Oracle Corp | Options Chain | 7.90 | 8.20 | 1.87 | 5.00 | 0.37 | 0.77 | 519 | 1650 | -0.29 | -0.13 | 117.74 | 115.00 | 9/18/2026 | Yes | 7 | 63 | None | |
| GS | Goldman Sachs Group Inc | Options Chain | 25.35 | 29.15 | 1.72 | 5.00 | 0.34 | 0.35 | 24 | 27 | -0.30 | -0.46 | 982.70 | 970.00 | 9/18/2026 | No | 10 | 68 | None | |
| NVT | nVent Electric plc | Options Chain | 6.50 | 8.40 | 1.70 | 5.00 | 0.34 | 0.70 | 32 | 0 | -0.28 | -0.13 | 134.00 | 130.00 | 9/18/2026 | Yes | 10 | 20 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.70 | 11.90 | 1.70 | 5.00 | 0.34 | 0.33 | 73 | 148 | -0.30 | -0.24 | 425.01 | 435.00 | 9/4/2026 | Yes | 15 | 72 | None | |
| GLW | Corning Inc | Options Chain | 8.05 | 8.50 | 1.68 | 5.00 | 0.34 | 0.79 | 118 | 56 | -0.28 | -0.14 | 123.69 | 120.00 | 9/18/2026 | No | 11 | 54 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.70 | 1.05 | 0.33 | 1.00 | 0.33 | 0.40 | 1 | 7 | -0.29 | -0.02 | 28.75 | 28.00 | 9/18/2026 | Yes | 14 | 65 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.15 | 6.75 | 1.55 | 5.00 | 0.31 | 0.41 | 123 | 668 | -0.28 | -0.11 | 226.44 | 205.00 | 9/18/2026 | No | 9 | 66 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.60 | 13.75 | 3.08 | 10.00 | 0.31 | 0.47 | 513 | 410 | -0.28 | -0.26 | 374.67 | 370.00 | 9/18/2026 | No | 20 | 61 |
Dividend Stock List |
|
| AVGO | Broadcom Inc | Options Chain | 13.95 | 16.60 | 1.53 | 5.00 | 0.31 | 0.59 | 22 | 14 | -0.30 | -0.39 | 372.85 | 360.00 | 9/4/2026 | Yes | 13 | 64 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 3.70 | 4.05 | 1.36 | 5.00 | 0.27 | 0.47 | 264 | 81 | -0.28 | -0.08 | 113.05 | 105.00 | 9/18/2026 | Yes | 9 | 62 | None | |
| CRM | Salesforce Inc | Options Chain | 5.90 | 6.35 | 1.35 | 5.00 | 0.27 | 0.50 | 121 | 158 | -0.28 | -0.12 | 189.27 | 165.00 | 9/18/2026 | Yes | 15 | 71 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.10 | 6.55 | 1.35 | 5.00 | 0.27 | 0.23 | 26 | 245 | -0.30 | -0.13 | 345.96 | 340.00 | 9/18/2026 | No | 9 | 71 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 9.05 | 9.35 | 2.62 | 10.00 | 0.26 | 0.30 | 40 | 43 | -0.28 | -0.17 | 420.57 | 400.00 | 9/18/2026 | No | 13 | 63 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 8.20 | 9.10 | 2.60 | 10.00 | 0.26 | 0.56 | 75 | 8 | -0.25 | -0.17 | 240.35 | 220.00 | 9/18/2026 | No | 10 | 66 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.10 | 5.35 | 1.30 | 5.00 | 0.26 | 0.56 | 482 | 223 | -0.25 | -0.10 | 148.40 | 135.00 | 9/18/2026 | Yes | 11 | 64 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 5.10 | 5.60 | 1.30 | 5.00 | 0.26 | 0.54 | 58 | 14 | -0.28 | -0.11 | 152.15 | 145.00 | 9/18/2026 | No | 8 | 58 | None | |
| V | Visa Inc - Class A | Options Chain | 5.55 | 6.00 | 1.28 | 5.00 | 0.26 | 0.24 | 39 | 162 | -0.28 | -0.13 | 368.73 | 350.00 | 9/18/2026 | No | 10 | 64 | None | |
| NVO | Novo Nordisk | Options Chain | 1.39 | 1.45 | 0.64 | 2.50 | 0.26 | 0.41 | 479 | 122 | -0.29 | -0.02 | 51.20 | 47.50 | 9/18/2026 | Yes | 13 | 52 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.10 | 2.35 | 0.63 | 2.50 | 0.25 | 0.33 | 24 | 2 | -0.24 | -0.02 | 93.71 | 90.00 | 9/18/2026 | No | 10 | 71 | None | |
| CLX | Clorox Company | Options Chain | 2.35 | 2.80 | 1.25 | 5.00 | 0.25 | 0.37 | 35 | 19 | -0.29 | -0.04 | 99.20 | 90.00 | 9/18/2026 | Yes | 10 | 47 | None | |
| HPQ | HP Inc | Options Chain | 0.78 | 1.09 | 0.25 | 1.00 | 0.25 | 0.55 | 9 | 18 | -0.27 | -0.02 | 28.18 | 24.00 | 9/18/2026 | Yes | 12 | 47 | None | |
| KO | Coca-Cola Company | Options Chain | 1.25 | 1.44 | 0.62 | 2.50 | 0.25 | 0.21 | 199 | 105 | -0.29 | -0.02 | 89.09 | 85.00 | 9/18/2026 | No | 11 | 69 | None | |
| COST | Costco Wholesale Corp | Options Chain | 14.65 | 16.25 | 1.20 | 5.00 | 0.24 | 0.23 | 44 | 9 | -0.30 | -0.35 | 972.04 | 920.00 | 9/18/2026 | No | 15 | 60 | None | |
| F | Ford Motor Company | Options Chain | 0.39 | 0.42 | 0.24 | 1.00 | 0.24 | 0.35 | 3627 | 648 | -0.30 | -0.01 | 15.27 | 14.00 | 9/18/2026 | No | 9 | 48 | None | |
| C | Citigroup Inc | Options Chain | 2.95 | 3.10 | 1.17 | 5.00 | 0.23 | 0.32 | 47 | 179 | -0.29 | -0.05 | 127.58 | 125.00 | 9/18/2026 | No | 17 | 78 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.73 | 0.78 | 0.23 | 1.00 | 0.23 | 0.25 | 270 | 524 | -0.26 | -0.02 | 48.07 | 44.00 | 9/18/2026 | No | 8 | 64 | None | |
| WMT | Walmart Inc | Options Chain | 2.21 | 2.30 | 1.14 | 5.00 | 0.23 | 0.30 | 2018 | 407 | -0.28 | -0.05 | 114.22 | 105.00 | 9/18/2026 | Yes | 10 | 59 | None | |
| MS | Morgan Stanley | Options Chain | 4.05 | 4.40 | 1.09 | 5.00 | 0.22 | 0.34 | 51 | 168 | -0.25 | -0.09 | 203.13 | 195.00 | 9/18/2026 | No | 14 | 75 | None | |
| ALL | Allstate Corp (The) | Options Chain | 3.80 | 5.70 | 2.15 | 10.00 | 0.21 | 0.30 | 44 | 13 | -0.28 | -0.10 | 274.40 | 250.00 | 9/18/2026 | Yes | 18 | 75 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.49 | 2.76 | 1.00 | 5.00 | 0.20 | 0.31 | 339 | 302 | -0.24 | -0.05 | 155.09 | 145.00 | 9/18/2026 | Yes | 11 | 70 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.15 | 2.90 | 0.50 | 2.50 | 0.20 | 0.40 | 0 | 7 | -0.30 | -0.04 | 83.46 | 80.00 | 9/18/2026 | Yes | 9 | 57 | None | |
| EXC | Exelon Corp | Options Chain | 0.45 | 0.75 | 0.20 | 1.00 | 0.20 | 0.23 | 0 | 53 | -0.25 | -0.01 | 47.04 | 43.00 | 9/18/2026 | Yes | 11 | 65 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.40 | 0.60 | 0.20 | 1.00 | 0.20 | 0.43 | 100 | 0 | -0.25 | -0.01 | 20.75 | 19.00 | 9/18/2026 | Yes | 9 | 60 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.43 | 0.51 | 0.20 | 1.00 | 0.20 | 0.23 | 68 | 65 | -0.27 | -0.01 | 31.80 | 30.00 | 9/18/2026 | No | 10 | 59 | None | |
| T | AT&T Inc | Options Chain | 0.40 | 0.43 | 0.20 | 1.00 | 0.20 | 0.28 | 563 | 103 | -0.27 | -0.01 | 23.94 | 22.00 | 9/18/2026 | No | 10 | 59 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.65 | 2.40 | 0.98 | 5.00 | 0.20 | 0.44 | 28 | 67 | -0.26 | -0.05 | 77.93 | 70.00 | 9/18/2026 | Yes | 15 | 65 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.83 | 1.10 | 0.49 | 2.50 | 0.20 | 0.30 | 3121 | 45 | -0.20 | -0.03 | 63.10 | 60.00 | 9/18/2026 | Yes | 11 | 60 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.38 | 0.52 | 0.19 | 1.00 | 0.19 | 0.20 | 35 | 179 | -0.21 | -0.01 | 38.71 | 36.00 | 9/18/2026 | Yes | 9 | 59 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.20 | 1.28 | 0.47 | 2.50 | 0.19 | 0.27 | 182 | 102 | -0.24 | -0.03 | 83.87 | 80.00 | 9/18/2026 | No | 12 | 65 | None | |
| APA | APA Corporation | Options Chain | 0.88 | 0.93 | 0.46 | 2.50 | 0.18 | 0.47 | 1 | 1 | -0.24 | -0.02 | 36.70 | 32.50 | 9/18/2026 | Yes | 10 | 53 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.20 | 3.45 | 1.80 | 10.00 | 0.18 | 0.25 | 1437 | 66 | -0.24 | -0.08 | 261.20 | 240.00 | 9/18/2026 | No | 9 | 66 | None | |
| CSX | CSX Corp | Options Chain | 0.80 | 0.85 | 0.45 | 2.50 | 0.18 | 0.27 | 194 | 232 | -0.26 | -0.02 | 50.85 | 47.50 | 9/18/2026 | No | 7 | 55 | None | |
| PCG | PG&E Corp | Options Chain | 0.37 | 0.45 | 0.17 | 1.00 | 0.17 | 0.43 | 23 | 2 | -0.21 | -0.01 | 17.65 | 16.00 | 9/18/2026 | No | 13 | 59 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.39 | 1.49 | 0.78 | 5.00 | 0.16 | 0.53 | 259 | 999 | -0.20 | -0.04 | 60.50 | 55.00 | 9/18/2026 | No | 10 | 64 | None | |
| MO | Altria Group Inc | Options Chain | 0.76 | 0.88 | 0.38 | 2.50 | 0.15 | 0.29 | 15370 | 123 | -0.22 | -0.02 | 74.94 | 62.50 | 9/18/2026 | Yes | 8 | 58 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 0.80 | 1.45 | 0.38 | 2.50 | 0.15 | 0.50 | 49 | 68 | -0.22 | -0.03 | 56.50 | 47.50 | 9/18/2026 | Yes | 16 | 71 | None |