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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HPQ | HP Inc | Options Chain | 1.13 | 1.22 | 0.34 | 1.00 | 0.34 | 0.47 | 67 | 25 | -0.30 | -0.02 | 31.27 | 30.00 | 10/16/2026 | No | 12 | 55 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.55 | 2.65 | 0.80 | 2.50 | 0.32 | 0.33 | 0 | 1 | -0.30 | -0.03 | 93.20 | 87.50 | 10/16/2026 | No | 8 | 58 | None | |
| HAL | Halliburton Company | Options Chain | 0.64 | 0.73 | 0.32 | 1.00 | 0.32 | 0.36 | 16 | 5 | -0.24 | -0.02 | 36.81 | 35.00 | 10/16/2026 | No | 12 | 56 | None | |
| BBY | Best Buy Co. Inc | Options Chain | 2.35 | 2.60 | 0.78 | 2.50 | 0.31 | 0.36 | 133 | 1156 | -0.33 | -0.04 | 82.26 | 82.50 | 10/16/2026 | No | 19 | 66 | None | |
| STM | ST Microelectronics | Options Chain | 1.70 | 1.85 | 0.30 | 1.00 | 0.30 | 0.50 | 64 | 7 | -0.30 | -0.04 | 49.26 | 47.00 | 10/16/2026 | No | 12 | 52 | None | |
| AVGO | Broadcom Inc | Options Chain | 10.45 | 10.65 | 2.95 | 10.00 | 0.30 | 0.45 | 1413 | 869 | -0.28 | -0.24 | 371.27 | 340.00 | 10/16/2026 | Yes | 13 | 64 | None | |
| ORCL | Oracle Corp | Options Chain | 5.35 | 5.45 | 1.45 | 5.00 | 0.29 | 0.62 | 379 | 228 | -0.26 | -0.12 | 141.15 | 130.00 | 10/16/2026 | Yes | 11 | 66 | None | |
| NRG | NRG Energy Inc | Options Chain | 3.30 | 3.80 | 1.45 | 5.00 | 0.29 | 0.43 | 5 | 31 | -0.30 | -0.08 | 109.94 | 105.00 | 10/16/2026 | No | 9 | 65 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.85 | 9.50 | 1.40 | 5.00 | 0.28 | 0.25 | 604 | 195 | -0.30 | -0.22 | 501.00 | 480.00 | 10/16/2026 | No | 14 | 72 | None | |
| GLW | Corning Inc | Options Chain | 4.85 | 5.05 | 1.37 | 5.00 | 0.27 | 0.57 | 194 | 239 | -0.26 | -0.11 | 144.49 | 130.00 | 10/16/2026 | No | 11 | 54 | None | |
| EQNR | Equinor ASA | Options Chain | 0.90 | 1.10 | 0.27 | 1.00 | 0.27 | 0.36 | 32 | 30 | -0.28 | -0.02 | 44.36 | 41.00 | 10/16/2026 | No | 12 | 59 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.80 | 0.90 | 0.27 | 1.00 | 0.27 | 0.28 | 2 | 11 | -0.29 | -0.02 | 41.91 | 41.00 | 10/16/2026 | Yes | 15 | 77 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.35 | 5.20 | 1.30 | 5.00 | 0.26 | 0.31 | 156 | 68 | -0.28 | -0.12 | 231.17 | 220.00 | 10/16/2026 | No | 9 | 66 | None | |
| EIX | Edison International | Options Chain | 1.40 | 1.50 | 0.65 | 2.50 | 0.26 | 0.43 | 526 | 603 | -0.25 | -0.02 | 58.70 | 50.00 | 10/16/2026 | No | 15 | 71 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.20 | 8.80 | 2.55 | 10.00 | 0.26 | 0.34 | 704 | 180 | -0.27 | -0.20 | 414.19 | 390.00 | 10/16/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| QCOM | Qualcomm Inc | Options Chain | 3.60 | 4.00 | 1.23 | 5.00 | 0.25 | 0.42 | 195 | 278 | -0.24 | -0.08 | 166.29 | 155.00 | 10/16/2026 | No | 10 | 63 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 3.70 | 4.90 | 1.22 | 5.00 | 0.24 | 0.40 | 40 | 12 | -0.29 | -0.09 | 163.30 | 150.00 | 10/16/2026 | No | 9 | 59 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.79 | 1.93 | 0.61 | 2.50 | 0.24 | 0.40 | 15 | 85 | -0.27 | -0.04 | 76.38 | 72.50 | 10/16/2026 | Yes | 13 | 67 | None | |
| CRM | Salesforce Inc | Options Chain | 5.75 | 6.05 | 2.40 | 10.00 | 0.24 | 0.39 | 521 | 571 | -0.28 | -0.14 | 257.25 | 240.00 | 10/16/2026 | No | 11 | 64 | None | |
| COP | Conoco Phillips | Options Chain | 2.50 | 2.62 | 1.20 | 5.00 | 0.24 | 0.30 | 68 | 7 | -0.28 | -0.07 | 136.21 | 130.00 | 10/16/2026 | No | 12 | 78 | None | |
| A | Agilent Technologies Inc | Options Chain | 2.25 | 3.60 | 1.20 | 5.00 | 0.24 | 0.28 | 2 | 3827 | -0.30 | -0.06 | 149.70 | 145.00 | 10/16/2026 | No | 12 | 66 | None | |
| PCG | PG&E Corp | Options Chain | 0.39 | 0.49 | 0.24 | 1.00 | 0.24 | 0.55 | 5050 | 180 | -0.26 | -0.01 | 13.94 | 12.00 | 10/16/2026 | No | 13 | 58 | None | |
| NEM | Newmont Corp | Options Chain | 2.63 | 2.92 | 1.19 | 5.00 | 0.24 | 0.41 | 37 | 388 | -0.24 | -0.07 | 122.93 | 115.00 | 10/16/2026 | No | 18 | 73 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.55 | 6.10 | 1.18 | 5.00 | 0.24 | 0.26 | 185 | 148 | -0.29 | -0.13 | 355.29 | 340.00 | 10/16/2026 | Yes | 9 | 71 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.45 | 1.65 | 0.57 | 2.50 | 0.23 | 0.33 | 45 | 31 | -0.26 | -0.04 | 84.47 | 80.00 | 10/16/2026 | No | 16 | 57 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.61 | 1.68 | 0.57 | 2.50 | 0.23 | 0.29 | 116 | 1183 | -0.28 | -0.04 | 87.08 | 85.00 | 10/16/2026 | Yes | 15 | 74 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.70 | 1.79 | 1.12 | 5.00 | 0.22 | 0.65 | 173 | 1219 | -0.23 | -0.04 | 52.90 | 45.00 | 10/16/2026 | Yes | 10 | 54 | None | |
| LNG | Cheniere Energy Inc | Options Chain | 4.40 | 7.50 | 2.22 | 10.00 | 0.22 | 0.34 | 7 | 146 | -0.27 | -0.16 | 294.00 | 280.00 | 10/16/2026 | No | 11 | 67 | None | |
| MDT | Medtronic Plc | Options Chain | 1.12 | 1.46 | 0.55 | 2.50 | 0.22 | 0.25 | 56 | 270 | -0.23 | -0.03 | 92.23 | 87.50 | 10/16/2026 | Yes | 12 | 65 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.12 | 1.26 | 0.55 | 2.50 | 0.22 | 0.31 | 326 | 99 | -0.29 | -0.03 | 60.95 | 57.50 | 10/16/2026 | No | 10 | 62 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.49 | 2.68 | 1.09 | 5.00 | 0.22 | 0.29 | 118 | 247 | -0.25 | -0.08 | 164.58 | 155.00 | 10/16/2026 | No | 11 | 66 | None | |
| VST | Vistra Corp | Options Chain | 2.86 | 3.05 | 1.08 | 5.00 | 0.22 | 0.42 | 511 | 108 | -0.23 | -0.08 | 138.08 | 130.00 | 10/16/2026 | No | 7 | 54 | None | |
| EQT | EQT Corp | Options Chain | 0.89 | 0.94 | 0.53 | 2.50 | 0.21 | 0.30 | 202 | 45 | -0.25 | -0.03 | 56.00 | 52.50 | 10/16/2026 | No | 11 | 60 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.52 | 0.75 | 0.53 | 2.50 | 0.21 | 0.27 | 153 | 13 | -0.29 | -0.01 | 25.90 | 25.00 | 10/16/2026 | No | 7 | 57 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.61 | 0.84 | 0.21 | 1.00 | 0.21 | 0.22 | 173 | 88 | -0.29 | -0.01 | 50.30 | 48.00 | 10/16/2026 | No | 10 | 74 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.85 | 0.91 | 0.52 | 2.50 | 0.21 | 0.43 | 726 | 81 | -0.24 | -0.02 | 38.15 | 35.00 | 10/16/2026 | Yes | 14 | 59 | None | |
| USB | U.S. Bancorp. | Options Chain | 1.01 | 1.19 | 0.52 | 2.50 | 0.21 | 0.25 | 19 | 7 | -0.30 | -0.02 | 61.33 | 60.00 | 10/16/2026 | Yes | 16 | 74 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.45 | 6.85 | 2.05 | 10.00 | 0.20 | 0.33 | 92 | 76 | -0.24 | -0.15 | 395.44 | 370.00 | 10/16/2026 | No | 10 | 58 | None | |
| NEE | NextEra Energy Inc | Options Chain | 0.97 | 1.15 | 0.51 | 2.50 | 0.20 | 0.21 | 100 | 67 | -0.27 | -0.03 | 82.79 | 80.00 | 10/16/2026 | No | 11 | 71 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.50 | 0.65 | 0.20 | 1.00 | 0.20 | 0.37 | 262 | 2 | -0.23 | -0.01 | 33.13 | 30.00 | 10/16/2026 | No | 13 | 68 | None | |
| EXC | Exelon Corp | Options Chain | 0.45 | 0.65 | 0.20 | 1.00 | 0.20 | 0.21 | 29 | 0 | -0.25 | -0.01 | 44.20 | 42.00 | 10/16/2026 | No | 11 | 64 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.25 | 0.35 | 0.20 | 1.00 | 0.20 | 0.26 | 4 | 1 | -0.29 | -0.01 | 16.49 | 16.00 | 10/16/2026 | Yes | 10 | 57 | None | |
| BCS | Barclays plc | Options Chain | 0.50 | 0.60 | 0.20 | 1.00 | 0.20 | 0.31 | 48 | 0 | -0.30 | -0.01 | 26.50 | 25.00 | 10/16/2026 | No | 18 | 60 | None | |
| KO | Coca-Cola Company | Options Chain | 0.91 | 1.08 | 0.49 | 2.50 | 0.20 | 0.19 | 383 | 63 | -0.25 | -0.02 | 88.08 | 85.00 | 10/16/2026 | No | 9 | 61 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.51 | 2.76 | 0.96 | 5.00 | 0.19 | 0.20 | 65 | 55 | -0.24 | -0.09 | 261.40 | 250.00 | 10/16/2026 | No | 12 | 66 | None | |
| CVX | Chevron Corp | Options Chain | 2.50 | 2.66 | 0.94 | 5.00 | 0.19 | 0.26 | 363 | 520 | -0.23 | -0.08 | 211.25 | 200.00 | 10/16/2026 | No | 11 | 69 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.50 | 3.90 | 1.85 | 10.00 | 0.18 | 0.26 | 3143 | 224 | -0.25 | -0.11 | 272.00 | 260.00 | 10/16/2026 | Yes | 9 | 66 | None | |
| CTVA | Corteva Inc | Options Chain | 1.10 | 2.00 | 0.90 | 5.00 | 0.18 | 0.32 | 3 | 3 | -0.24 | -0.05 | 87.55 | 85.00 | 10/16/2026 | No | 12 | 61 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.35 | 0.42 | 0.18 | 1.00 | 0.18 | 0.30 | 56 | 49 | -0.23 | -0.01 | 26.38 | 25.00 | 10/16/2026 | No | 14 | 62 | None | |
| C | Citigroup Inc | Options Chain | 1.94 | 2.05 | 0.88 | 5.00 | 0.18 | 0.31 | 996 | 75 | -0.24 | -0.06 | 132.54 | 125.00 | 10/16/2026 | Yes | 14 | 69 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.16 | 1.24 | 0.44 | 2.50 | 0.18 | 0.30 | 46 | 44 | -0.19 | -0.04 | 109.88 | 100.00 | 10/16/2026 | No | 9 | 61 | None | |
| INFY | Infosys Ltd | Options Chain | 0.20 | 0.40 | 0.17 | 1.00 | 0.17 | 0.42 | 2 | 3 | -0.25 | -0.01 | 12.00 | 11.00 | 10/16/2026 | Yes | 13 | 42 | None | |
| WMB | Williams Cos Inc | Options Chain | 1.00 | 1.25 | 0.85 | 5.00 | 0.17 | 0.30 | 40 | 29 | -0.22 | -0.02 | 75.76 | 70.00 | 10/16/2026 | No | 9 | 63 | None | |
| GIS | General Mills Inc | Options Chain | 0.60 | 0.70 | 0.42 | 2.50 | 0.17 | 0.33 | 67 | 66 | -0.21 | -0.01 | 41.06 | 37.50 | 10/16/2026 | Yes | 5 | 52 | None | |
| APA | APA Corporation | Options Chain | 0.63 | 1.01 | 0.41 | 2.50 | 0.16 | 0.44 | 160 | 30 | -0.21 | -0.03 | 44.35 | 40.00 | 10/16/2026 | No | 10 | 61 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.30 | 1.45 | 0.80 | 5.00 | 0.16 | 0.47 | 203 | 251 | -0.20 | -0.04 | 72.47 | 65.00 | 10/16/2026 | No | 9 | 59 | None | |
| NTAP | Netapp Inc | Options Chain | 6.00 | 7.80 | 0.80 | 5.00 | 0.16 | 0.57 | 19 | 25 | -0.28 | -0.15 | 185.70 | 165.00 | 10/16/2026 | Yes | 13 | 64 | None | |
| AA | Alcoa Corp | Options Chain | 1.08 | 1.17 | 0.79 | 5.00 | 0.16 | 0.51 | 126 | 10 | -0.21 | -0.03 | 51.20 | 45.00 | 10/16/2026 | Yes | 16 | 52 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.72 | 0.78 | 0.39 | 2.50 | 0.16 | 0.34 | 246 | 19 | -0.22 | -0.02 | 49.05 | 45.00 | 10/16/2026 | No | 10 | 55 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.10 | 1.20 | 0.77 | 5.00 | 0.15 | 0.34 | 24 | 6 | -0.23 | -0.03 | 63.99 | 60.00 | 10/16/2026 | No | 14 | 64 | None | |
| RF | Regions Financial Corp | Options Chain | 0.25 | 0.55 | 0.15 | 1.00 | 0.15 | 0.28 | 4 | 7 | -0.22 | -0.01 | 29.45 | 28.00 | 10/16/2026 | Yes | 17 | 69 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.26 | 0.47 | 0.15 | 1.00 | 0.15 | 0.19 | 2 | 3 | -0.26 | -0.01 | 39.30 | 38.00 | 10/16/2026 | No | 12 | 68 | None |