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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CSCO | Cisco Systems Inc | Options Chain | 3.55 | 4.75 | 0.84 | 1.00 | 0.84 | 0.46 | 3 | 23 | -0.30 | -0.08 | 121.19 | 116.00 | 9/25/2026 | Yes | 7 | 58 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.35 | 5.50 | 1.71 | 5.00 | 0.34 | 0.46 | 9 | 18 | -0.27 | -0.10 | 162.81 | 150.00 | 9/25/2026 | No | 10 | 63 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.52 | 0.99 | 0.34 | 1.00 | 0.34 | 0.25 | 18 | 2 | -0.29 | -0.02 | 47.20 | 45.00 | 9/25/2026 | No | 9 | 73 | None | |
| GLW | Corning Inc | Options Chain | 6.15 | 8.00 | 1.68 | 5.00 | 0.34 | 0.66 | 31 | 15 | -0.27 | -0.16 | 160.40 | 150.00 | 9/25/2026 | No | 8 | 52 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 6.30 | 7.80 | 3.30 | 10.00 | 0.33 | 0.46 | 17 | 30 | -0.30 | -0.17 | 236.80 | 220.00 | 9/18/2026 | No | 13 | 69 | None | |
| EFX | Equifax Inc | Options Chain | 2.75 | 5.70 | 1.65 | 5.00 | 0.33 | 0.40 | 0 | 1511 | -0.27 | -0.11 | 181.96 | 170.00 | 9/18/2026 | No | 13 | 53 | None | |
| AVGO | Broadcom Inc | Options Chain | 13.40 | 13.80 | 3.22 | 10.00 | 0.32 | 0.49 | 130 | 169 | -0.30 | -0.33 | 416.08 | 390.00 | 9/18/2026 | Yes | 10 | 62 | None | |
| GM | General Motors Company | Options Chain | 1.65 | 2.68 | 0.31 | 1.00 | 0.31 | 0.34 | 1 | 1 | -0.30 | -0.05 | 89.43 | 83.00 | 9/25/2026 | No | 9 | 59 | None | |
| NVO | Novo Nordisk | Options Chain | 0.90 | 1.20 | 0.30 | 1.00 | 0.30 | 0.31 | 15 | 0 | -0.30 | -0.01 | 47.27 | 44.00 | 9/25/2026 | No | 14 | 58 | None | |
| KO | Coca-Cola Company | Options Chain | 0.92 | 1.30 | 0.30 | 1.00 | 0.30 | 0.19 | 6 | 4 | -0.30 | -0.02 | 86.58 | 84.00 | 9/25/2026 | No | 9 | 61 | None | |
| COST | Costco Wholesale Corp | Options Chain | 14.50 | 16.95 | 1.48 | 5.00 | 0.30 | 0.24 | 2 | 4 | -0.29 | -0.39 | 943.00 | 915.00 | 9/25/2026 | Yes | 13 | 58 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.75 | 4.65 | 1.47 | 5.00 | 0.29 | 0.22 | 7 | 23 | -0.30 | -0.08 | 273.96 | 265.00 | 9/25/2026 | No | 12 | 68 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.82 | 1.20 | 0.29 | 1.00 | 0.29 | 0.40 | 276 | 431 | -0.27 | -0.02 | 41.28 | 38.00 | 9/25/2026 | No | 10 | 51 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.80 | 12.05 | 1.43 | 5.00 | 0.29 | 0.38 | 46 | 130 | -0.30 | -0.24 | 422.00 | 405.00 | 9/25/2026 | No | 20 | 61 |
Dividend Stock List |
|
| TROW | T. Rowe Price Group Inc | Options Chain | 1.15 | 2.55 | 1.35 | 5.00 | 0.27 | 0.27 | 89 | 29 | -0.21 | -0.03 | 113.75 | 105.00 | 9/18/2026 | No | 21 | 68 |
Dividend Stock List |
|
| CRM | Salesforce Inc | Options Chain | 6.40 | 7.15 | 1.35 | 5.00 | 0.27 | 0.48 | 4 | 3 | -0.30 | -0.13 | 197.41 | 180.00 | 9/25/2026 | Yes | 15 | 70 | None | |
| V | Visa Inc - Class A | Options Chain | 4.90 | 5.80 | 1.32 | 5.00 | 0.26 | 0.21 | 8 | 6 | -0.30 | -0.14 | 362.71 | 350.00 | 9/25/2026 | No | 10 | 64 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.17 | 0.69 | 0.13 | 0.50 | 0.26 | 0.27 | 4 | 2 | -0.24 | -0.01 | 24.69 | 23.00 | 9/25/2026 | No | 7 | 58 | None | |
| COKE | Coca-Cola Consolidated Inc | Options Chain | 3.00 | 5.50 | 1.22 | 5.00 | 0.24 | 0.42 | 3 | 0 | -0.24 | -0.11 | 181.50 | 175.00 | 9/18/2026 | No | 9 | 51 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.45 | 5.25 | 1.22 | 5.00 | 0.24 | 0.36 | 6 | 3 | -0.26 | -0.12 | 238.20 | 220.00 | 9/25/2026 | No | 13 | 73 | None | |
| MSFT | Microsoft Corporation | Options Chain | 7.25 | 7.65 | 1.22 | 5.00 | 0.24 | 0.27 | 632 | 550 | -0.27 | -0.21 | 502.35 | 470.00 | 9/18/2026 | No | 14 | 72 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.69 | 0.82 | 0.24 | 1.00 | 0.24 | 0.21 | 25 | 1 | -0.26 | -0.02 | 64.00 | 62.00 | 9/25/2026 | No | 13 | 74 | None | |
| C | Citigroup Inc | Options Chain | 2.26 | 2.84 | 0.24 | 1.00 | 0.24 | 0.27 | 2 | 2 | -0.29 | -0.06 | 136.57 | 132.00 | 9/25/2026 | No | 17 | 78 | None | |
| PCG | PG&E Corp | Options Chain | 0.38 | 0.53 | 0.12 | 0.50 | 0.24 | 0.44 | 0 | 10 | -0.27 | -0.01 | 17.25 | 16.00 | 9/25/2026 | No | 9 | 50 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.50 | 1.65 | 1.10 | 5.00 | 0.22 | 0.34 | 337 | 164 | -0.29 | -0.04 | 75.39 | 70.00 | 9/18/2026 | No | 14 | 65 | None | |
| PPL | PPL Corp | Options Chain | 0.20 | 0.90 | 0.22 | 1.00 | 0.22 | 0.24 | 1 | 2 | -0.30 | -0.01 | 35.29 | 34.00 | 9/18/2026 | No | 10 | 67 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 3.10 | 3.60 | 1.05 | 5.00 | 0.21 | 0.43 | 34 | 35 | -0.23 | -0.10 | 167.50 | 155.00 | 9/18/2026 | No | 8 | 59 | None | |
| MS | Morgan Stanley | Options Chain | 2.95 | 3.75 | 1.01 | 5.00 | 0.20 | 0.30 | 2 | 13 | -0.24 | -0.11 | 217.00 | 205.00 | 9/25/2026 | No | 14 | 75 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 3.75 | 4.40 | 1.00 | 5.00 | 0.20 | 0.21 | 3 | 10 | -0.25 | -0.13 | 362.26 | 350.00 | 9/25/2026 | No | 12 | 80 | None | |
| FAST | Fastenal Company | Options Chain | 0.65 | 1.00 | 0.50 | 2.50 | 0.20 | 0.27 | 2 | 0 | -0.27 | -0.02 | 52.45 | 50.00 | 9/18/2026 | No | 12 | 53 | None | |
| KEY | Keycorp | Options Chain | 0.35 | 0.45 | 0.20 | 1.00 | 0.20 | 0.26 | 5 | 3 | -0.30 | -0.01 | 22.70 | 22.00 | 9/18/2026 | No | 14 | 68 | None | |
| F | Ford Motor Company | Options Chain | 0.19 | 0.25 | 0.10 | 0.50 | 0.20 | 0.31 | 149 | 17 | -0.24 | -0.01 | 13.98 | 13.00 | 9/25/2026 | No | 9 | 48 | None | |
| EIX | Edison International | Options Chain | 1.30 | 1.70 | 0.97 | 5.00 | 0.19 | 0.37 | 178 | 81 | -0.28 | -0.04 | 70.10 | 65.00 | 9/18/2026 | No | 9 | 66 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.00 | 1.25 | 0.48 | 2.50 | 0.19 | 0.29 | 26 | 12 | -0.25 | -0.03 | 80.99 | 75.00 | 9/18/2026 | No | 17 | 52 | None | |
| MO | Altria Group Inc | Options Chain | 0.61 | 0.99 | 0.18 | 1.00 | 0.18 | 0.23 | 7 | 15 | -0.26 | -0.02 | 65.10 | 61.00 | 9/25/2026 | No | 8 | 57 | None | |
| AA | Alcoa Corp | Options Chain | 1.22 | 2.20 | 0.17 | 1.00 | 0.17 | 0.48 | 0 | 61 | -0.30 | -0.04 | 54.08 | 48.00 | 9/25/2026 | No | 15 | 52 | None | |
| CVX | Chevron Corp | Options Chain | 1.93 | 3.15 | 0.81 | 5.00 | 0.16 | 0.25 | 4 | 2 | -0.25 | -0.06 | 196.56 | 185.00 | 9/25/2026 | No | 13 | 77 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.55 | 0.80 | 0.40 | 2.50 | 0.16 | 0.24 | 121 | 73 | -0.24 | -0.01 | 52.60 | 50.00 | 9/18/2026 | No | 11 | 66 | None | |
| RF | Regions Financial Corp | Options Chain | 0.30 | 0.45 | 0.15 | 1.00 | 0.15 | 0.24 | 22 | 21 | -0.25 | -0.01 | 31.60 | 30.00 | 9/18/2026 | No | 15 | 60 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.58 | 2.82 | 0.15 | 1.00 | 0.15 | 0.27 | 15 | 1 | -0.25 | -0.05 | 159.62 | 150.00 | 9/25/2026 | No | 13 | 73 | None |