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
ORCL Oracle Corp Options Chain 8.90 12.00 1.77 2.50 0.71 0.66 0 3 -0.29 -0.18 194.59 177.50 6/26/2026 Yes 7 61 None
QCOM Qualcomm Inc Options Chain 12.20 15.40 1.27 2.50 0.51 0.68 24 64 -0.30 -0.20 202.55 205.00 6/26/2026 No 14 70 None
BAC Bank Of America Corp Options Chain 0.69 1.76 0.44 1.00 0.44 0.27 8 11 -0.28 -0.02 52.75 49.00 6/26/2026 No 13 74 None
TSM Taiwan Semiconductor Manufacturing Options Chain 15.65 18.75 1.92 5.00 0.38 0.43 10 12 -0.30 -0.25 414.15 385.00 6/26/2026 No 20 61
Dividend Stock List
DELL Dell Technologies Inc - Class C Options Chain 11.70 15.65 1.85 5.00 0.37 0.69 6 0 -0.30 -0.24 228.58 230.00 6/26/2026 Yes 12 53 None
OXY Occidental Petroleum Corp Options Chain 0.95 1.18 0.29 1.00 0.29 0.34 56 0 -0.26 -0.02 54.75 50.00 6/26/2026 No 7 52 None
GLW Corning Inc Options Chain 9.35 12.15 0.72 2.50 0.29 0.71 0 3 -0.29 -0.18 182.40 170.00 6/26/2026 No 9 54 None
F Ford Motor Company Options Chain 0.13 0.40 0.14 0.50 0.28 0.28 3 12 -0.25 0.00 12.15 11.50 6/26/2026 No 8 50 None
VST Vistra Corp Options Chain 3.70 6.55 1.30 5.00 0.26 0.50 1 0 -0.26 -0.11 153.95 135.00 6/26/2026 Yes 7 56 None
APH Amphenol Corp - Class A Options Chain 3.40 3.60 1.25 5.00 0.25 0.47 80 30 -0.25 -0.09 136.62 120.00 6/18/2026 No 9 58 None
ALLY Ally Financial Inc Options Chain 0.75 0.85 0.25 1.00 0.25 0.33 2 1 -0.25 -0.02 43.79 41.00 6/18/2026 No 15 72 None
VTRS Viatris Inc Options Chain 0.35 0.50 0.25 1.00 0.25 0.33 10 0 -0.30 -0.01 16.00 16.00 6/18/2026 Yes 6 51 None
MCD McDonald`s Corp Options Chain 3.05 3.65 1.24 5.00 0.25 0.20 11 0 -0.23 -0.07 283.70 265.00 6/26/2026 Yes 9 61 None
HST Host Hotels & Resorts Inc Options Chain 0.35 0.50 0.23 1.00 0.23 0.31 0 6 -0.28 -0.01 21.50 21.00 6/18/2026 Yes 11 52 None
ZTS Zoetis Inc - Class A Options Chain 1.65 1.75 1.05 5.00 0.21 0.42 358 44 -0.22 -0.05 87.31 75.00 6/18/2026 Yes 13 62 None
WMT Walmart Inc Options Chain 2.24 3.40 0.21 1.00 0.21 0.30 1 1 -0.29 -0.06 130.20 125.00 6/26/2026 Yes 8 58 None
BCS Barclays plc Options Chain 0.55 0.60 0.20 1.00 0.20 0.41 15 0 -0.27 -0.01 23.29 22.00 6/18/2026 No 17 68 None
JPM JPMorgan Chase & Company Options Chain 4.85 6.75 0.95 5.00 0.19 0.26 36 0 -0.30 -0.13 306.27 290.00 6/26/2026 No 10 70 None
XOM Exxon Mobil Corp Options Chain 1.87 3.25 0.92 5.00 0.18 0.27 1 0 -0.24 -0.04 146.58 135.00 6/26/2026 No 11 71 None
CG Carlyle Group Inc (The) Options Chain 0.90 1.15 0.43 2.50 0.17 0.45 7 1 -0.22 -0.02 49.01 45.00 6/18/2026 Yes 13 68 None
CMCSA Comcast Corp - Class A Options Chain 0.37 0.50 0.17 1.00 0.17 0.31 2 10 -0.23 -0.01 26.24 24.00 6/26/2026 No 15 63 None
BKR Baker Hughes Co - Class A Options Chain 1.25 1.40 0.85 5.00 0.17 0.37 128 1 -0.26 -0.04 63.53 60.00 6/18/2026 No 16 62 None
EXC Exelon Corp Options Chain 0.40 0.55 0.15 1.00 0.15 0.22 4 3 -0.24 -0.01 44.41 42.00 6/18/2026 Yes 10 65 None