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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AA | Alcoa Corp | Options Chain | 3.65 | 4.35 | 0.40 | 1.00 | 0.40 | 0.72 | 0 | 42 | -0.30 | -0.07 | 70.96 | 66.00 | 5/22/2026 | Yes | 13 | 50 | None | |
| HUM | Humana Inc | Options Chain | 7.40 | 9.00 | 1.95 | 5.00 | 0.39 | 0.59 | 11 | 42 | -0.29 | -0.17 | 202.99 | 180.00 | 5/22/2026 | Yes | 9 | 55 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 29.30 | 31.75 | 1.70 | 5.00 | 0.34 | 0.46 | 0 | 4 | -0.29 | -0.61 | 926.02 | 865.00 | 5/22/2026 | Yes | 9 | 63 | None | |
| NVO | Novo Nordisk | Options Chain | 0.94 | 1.54 | 0.33 | 1.00 | 0.33 | 0.49 | 0 | 7 | -0.29 | -0.03 | 36.72 | 34.00 | 5/22/2026 | Yes | 11 | 54 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.60 | 13.85 | 1.65 | 5.00 | 0.33 | 0.51 | 1 | 37 | -0.29 | -0.25 | 341.70 | 320.00 | 5/22/2026 | Yes | 20 | 62 |
Dividend Stock List |
|
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.24 | 1.65 | 0.32 | 1.00 | 0.32 | 0.34 | 0 | 4 | -0.30 | -0.03 | 59.10 | 55.00 | 5/22/2026 | Yes | 15 | 60 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 5.70 | 7.10 | 1.55 | 5.00 | 0.31 | 0.57 | 0 | 6 | -0.26 | -0.13 | 173.03 | 160.00 | 5/22/2026 | No | 15 | 61 | None | |
| ORCL | Oracle Corp | Options Chain | 4.90 | 6.20 | 1.50 | 5.00 | 0.30 | 0.57 | 5 | 6 | -0.28 | -0.11 | 145.20 | 130.00 | 5/22/2026 | No | 9 | 66 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.03 | 0.88 | 0.15 | 0.50 | 0.30 | 0.33 | 0 | 1 | -0.26 | -0.01 | 23.50 | 21.50 | 5/22/2026 | Yes | 5 | 57 | None | |
| EQNR | Equinor ASA | Options Chain | 1.25 | 1.60 | 0.28 | 1.00 | 0.28 | 0.51 | 22 | 38 | -0.30 | -0.03 | 41.57 | 39.00 | 5/15/2026 | Yes | 10 | 58 | None | |
| HAS | Hasbro Inc | Options Chain | 0.95 | 4.00 | 0.70 | 2.50 | 0.28 | 0.48 | 2 | 1 | -0.26 | -0.07 | 90.42 | 82.50 | 5/15/2026 | Yes | 5 | 59 | None | |
| RRC | Range Resources Corp | Options Chain | 0.95 | 1.25 | 0.27 | 1.00 | 0.27 | 0.45 | 0 | 4 | -0.25 | -0.03 | 43.20 | 41.00 | 5/15/2026 | Yes | 12 | 54 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.02 | 2.81 | 0.26 | 1.00 | 0.26 | 0.59 | 1 | 0 | -0.28 | -0.05 | 60.93 | 55.00 | 5/22/2026 | Yes | 11 | 59 | None | |
| F | Ford Motor Company | Options Chain | 0.23 | 0.40 | 0.13 | 0.50 | 0.26 | 0.45 | 184 | 6 | -0.26 | -0.01 | 11.59 | 10.50 | 5/22/2026 | Yes | 8 | 48 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 2.30 | 2.75 | 0.63 | 2.50 | 0.25 | 0.58 | 1 | 543 | -0.25 | -0.07 | 78.61 | 72.50 | 5/15/2026 | Yes | 7 | 57 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.70 | 0.85 | 0.25 | 1.00 | 0.25 | 0.55 | 10 | 12 | -0.29 | -0.02 | 22.86 | 21.00 | 5/15/2026 | Yes | 8 | 59 | None | |
| EHC | Encompass Health Corp | Options Chain | 2.30 | 4.50 | 1.22 | 5.00 | 0.24 | 0.47 | 1 | 3 | -0.30 | -0.09 | 105.58 | 100.00 | 5/15/2026 | Yes | 10 | 65 | None | |
| GE | General Electric Company | Options Chain | 8.70 | 10.30 | 1.22 | 5.00 | 0.24 | 0.45 | 0 | 2 | -0.30 | -0.20 | 287.94 | 270.00 | 5/22/2026 | Yes | 11 | 65 | None | |
| GIS | General Mills Inc | Options Chain | 0.85 | 0.90 | 0.58 | 2.50 | 0.23 | 0.31 | 156 | 73 | -0.30 | -0.01 | 37.74 | 35.00 | 5/15/2026 | No | 7 | 53 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.64 | 2.35 | 0.23 | 1.00 | 0.23 | 0.44 | 0 | 19 | -0.30 | -0.04 | 62.80 | 59.00 | 5/22/2026 | Yes | 8 | 60 | None | |
| DKS | Dicks Sporting Goods Inc | Options Chain | 4.40 | 5.30 | 1.15 | 5.00 | 0.23 | 0.46 | 1 | 2 | -0.25 | -0.15 | 199.80 | 185.00 | 5/15/2026 | No | 11 | 72 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 4.00 | 5.00 | 1.12 | 5.00 | 0.22 | 0.44 | 1 | 72 | -0.26 | -0.12 | 193.50 | 180.00 | 5/15/2026 | Yes | 9 | 63 | None | |
| CG | Carlyle Group Inc (The) | Options Chain | 1.30 | 1.65 | 0.55 | 2.50 | 0.22 | 0.58 | 6 | 6 | -0.26 | -0.04 | 46.87 | 42.50 | 5/15/2026 | Yes | 11 | 67 | None | |
| TFC | Truist Financial Corporation | Options Chain | 1.00 | 1.20 | 0.55 | 2.50 | 0.22 | 0.38 | 44 | 7 | -0.29 | -0.02 | 47.57 | 45.00 | 5/15/2026 | Yes | 13 | 64 | None | |
| BAC | Bank Of America Corp | Options Chain | 1.01 | 1.16 | 0.22 | 1.00 | 0.22 | 0.36 | 0 | 1 | -0.26 | -0.03 | 50.02 | 47.00 | 5/22/2026 | Yes | 12 | 74 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.55 | 0.75 | 0.22 | 1.00 | 0.22 | 0.47 | 2 | 0 | -0.30 | -0.02 | 21.15 | 20.00 | 5/15/2026 | Yes | 7 | 58 | None | |
| KO | Coca-Cola Company | Options Chain | 0.73 | 1.57 | 0.21 | 1.00 | 0.21 | 0.25 | 0 | 100 | -0.28 | -0.03 | 77.22 | 73.00 | 5/22/2026 | Yes | 8 | 62 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.90 | 1.20 | 0.20 | 1.00 | 0.20 | 0.46 | 40 | 24 | -0.26 | -0.02 | 40.00 | 37.00 | 5/15/2026 | Yes | 11 | 69 | None | |
| BCS | Barclays plc | Options Chain | 0.45 | 0.70 | 0.20 | 1.00 | 0.20 | 0.49 | 5 | 1 | -0.27 | -0.02 | 21.64 | 20.00 | 5/15/2026 | Yes | 18 | 56 | None | |
| HST | Host Hotels & Resorts Inc | Options Chain | 0.35 | 0.50 | 0.20 | 1.00 | 0.20 | 0.38 | 1 | 0 | -0.27 | -0.01 | 19.23 | 18.00 | 5/15/2026 | Yes | 10 | 51 | None | |
| EXC | Exelon Corp | Options Chain | 0.65 | 1.00 | 0.20 | 1.00 | 0.20 | 0.27 | 1 | 0 | -0.30 | -0.02 | 48.94 | 47.00 | 5/15/2026 | Yes | 10 | 69 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.15 | 7.80 | 0.95 | 5.00 | 0.19 | 0.34 | 6 | 1 | -0.28 | -0.16 | 295.01 | 280.00 | 5/22/2026 | Yes | 8 | 79 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.80 | 4.60 | 0.94 | 5.00 | 0.19 | 0.35 | 22 | 15 | -0.30 | -0.07 | 163.23 | 155.00 | 5/22/2026 | Yes | 11 | 71 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.50 | 1.80 | 0.47 | 2.50 | 0.19 | 0.44 | 37 | 5 | -0.25 | -0.04 | 72.49 | 67.50 | 5/15/2026 | No | 10 | 56 | None | |
| T | AT&T Inc | Options Chain | 0.39 | 0.57 | 0.18 | 1.00 | 0.18 | 0.32 | 2 | 2 | -0.24 | -0.01 | 28.31 | 26.00 | 5/22/2026 | Yes | 8 | 57 | None | |
| RF | Regions Financial Corp | Options Chain | 0.50 | 0.65 | 0.18 | 1.00 | 0.18 | 0.38 | 0 | 5 | -0.27 | -0.02 | 26.74 | 25.00 | 5/15/2026 | Yes | 14 | 60 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.40 | 9.55 | 0.88 | 5.00 | 0.18 | 0.39 | 12 | 155 | -0.29 | -0.18 | 303.00 | 290.00 | 5/22/2026 | Yes | 10 | 65 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.65 | 0.75 | 0.17 | 1.00 | 0.17 | 0.47 | 0 | 24 | -0.26 | -0.02 | 26.86 | 25.00 | 5/15/2026 | Yes | 13 | 64 | None | |
| ERIC | Telefonaktiebolaget L M Ericsson | Options Chain | 0.30 | 0.40 | 0.17 | 1.00 | 0.17 | 0.43 | 46 | 0 | -0.30 | -0.01 | 11.51 | 11.00 | 5/15/2026 | Yes | 22 | 65 |
Growth Stock List |
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| GPN | Global Payments Inc | Options Chain | 1.40 | 1.70 | 0.85 | 5.00 | 0.17 | 0.59 | 59 | 13 | -0.21 | -0.05 | 65.00 | 55.00 | 5/15/2026 | Yes | 11 | 70 | None | |
| OKE | Oneok Inc | Options Chain | 1.75 | 2.20 | 0.83 | 5.00 | 0.17 | 0.36 | 86 | 75 | -0.29 | -0.04 | 88.62 | 85.00 | 5/15/2026 | Yes | 9 | 66 | None | |
| TIGO | Millicom International Cellular S.A. | Options Chain | 1.50 | 3.20 | 0.82 | 5.00 | 0.16 | 0.46 | 15 | 0 | -0.30 | -0.05 | 81.20 | 75.00 | 5/15/2026 | Yes | 14 | 67 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.35 | 0.63 | 0.16 | 1.00 | 0.16 | 0.25 | 4 | 0 | -0.21 | -0.01 | 37.95 | 36.00 | 5/22/2026 | Yes | 10 | 67 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.85 | 1.37 | 0.16 | 1.00 | 0.16 | 0.30 | 0 | 1 | -0.28 | -0.01 | 49.11 | 46.00 | 5/22/2026 | Yes | 9 | 73 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.30 | 0.55 | 0.15 | 1.00 | 0.15 | 0.43 | 1 | 0 | -0.21 | -0.01 | 23.28 | 21.00 | 5/15/2026 | Yes | 15 | 68 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.44 | 0.90 | 0.15 | 1.00 | 0.15 | 0.37 | 4 | 2 | -0.29 | -0.02 | 27.62 | 26.00 | 5/22/2026 | Yes | 10 | 53 | None |