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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HPE | Hewlett Packard Enterprise Company | Options Chain | 3.50 | 3.75 | 0.43 | 1.00 | 0.43 | 0.77 | 44 | 13 | -0.30 | -0.06 | 55.09 | 48.00 | 12/18/2026 | Yes | 9 | 53 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 24.00 | 24.75 | 3.53 | 10.00 | 0.35 | 0.80 | 44 | 65 | -0.29 | -0.45 | 424.30 | 360.00 | 12/18/2026 | Yes | 13 | 59 | None | |
| HPQ | HP Inc | Options Chain | 1.26 | 1.36 | 0.35 | 1.00 | 0.35 | 0.59 | 43 | 23 | -0.28 | -0.02 | 28.78 | 26.00 | 12/18/2026 | Yes | 12 | 54 | None | |
| NUE | Nucor Corp | Options Chain | 9.10 | 10.30 | 3.30 | 10.00 | 0.33 | 0.37 | 7 | 15 | -0.30 | -0.17 | 273.87 | 270.00 | 12/18/2026 | No | 12 | 62 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.95 | 7.45 | 1.60 | 5.00 | 0.32 | 0.36 | 61 | 49 | -0.28 | -0.11 | 257.81 | 240.00 | 12/18/2026 | No | 12 | 74 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.95 | 1.05 | 0.32 | 1.00 | 0.32 | 0.44 | 62 | 35 | -0.30 | -0.02 | 32.73 | 29.00 | 12/18/2026 | Yes | 10 | 59 | None | |
| KGC | Kinross Gold Corp | Options Chain | 0.63 | 0.70 | 0.31 | 1.00 | 0.31 | 0.46 | 3 | 0 | -0.26 | -0.01 | 20.13 | 19.00 | 12/18/2026 | No | 16 | 53 | None | |
| COST | Costco Wholesale Corp | Options Chain | 16.90 | 18.15 | 1.53 | 5.00 | 0.31 | 0.24 | 38 | 22 | -0.29 | -0.41 | 1,012.28 | 1,000.00 | 12/18/2026 | Yes | 14 | 60 | None | |
| ORCL | Oracle Corp | Options Chain | 5.70 | 5.80 | 1.50 | 5.00 | 0.30 | 0.66 | 596 | 8323 | -0.27 | -0.11 | 139.56 | 110.00 | 12/18/2026 | Yes | 9 | 62 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.15 | 1.45 | 0.30 | 1.00 | 0.30 | 0.52 | 0 | 25 | -0.27 | -0.03 | 38.02 | 36.00 | 12/18/2026 | Yes | 19 | 67 | None | |
| GPN | Global Payments Inc | Options Chain | 2.30 | 3.60 | 0.72 | 2.50 | 0.29 | 0.43 | 0 | 3 | -0.28 | -0.07 | 96.00 | 92.50 | 12/18/2026 | Yes | 9 | 55 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.70 | 5.95 | 1.43 | 5.00 | 0.29 | 0.56 | 61 | 178 | -0.27 | -0.12 | 164.79 | 150.00 | 12/18/2026 | Yes | 12 | 71 | None | |
| VST | Vistra Corp | Options Chain | 4.55 | 4.90 | 1.43 | 5.00 | 0.29 | 0.51 | 32 | 163 | -0.28 | -0.10 | 138.37 | 125.00 | 12/18/2026 | Yes | 8 | 61 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 6.05 | 6.60 | 1.43 | 5.00 | 0.29 | 0.24 | 1199 | 151 | -0.30 | -0.13 | 337.04 | 330.00 | 12/18/2026 | No | 9 | 78 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.63 | 1.71 | 0.71 | 2.50 | 0.28 | 0.37 | 40 | 20 | -0.29 | -0.03 | 64.00 | 57.50 | 12/18/2026 | Yes | 10 | 62 | None | |
| AGI | Alamos Gold Inc - Class A | Options Chain | 0.85 | 1.00 | 0.28 | 1.00 | 0.28 | 0.46 | 3 | 1 | -0.29 | -0.02 | 27.45 | 26.00 | 12/18/2026 | No | 18 | 64 | None | |
| SYF | Synchrony Financial | Options Chain | 1.55 | 2.15 | 0.70 | 2.50 | 0.28 | 0.35 | 0 | 7 | -0.30 | -0.04 | 75.35 | 72.50 | 12/18/2026 | No | 10 | 66 | None | |
| GLW | Corning Inc | Options Chain | 4.75 | 5.05 | 1.37 | 5.00 | 0.27 | 0.61 | 141 | 57 | -0.25 | -0.10 | 123.31 | 110.00 | 12/18/2026 | No | 8 | 52 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.90 | 11.45 | 2.73 | 10.00 | 0.27 | 0.40 | 253 | 130 | -0.29 | -0.23 | 406.13 | 380.00 | 12/18/2026 | No | 20 | 62 |
Dividend Stock List |
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| APH | Amphenol Corp - Class A | Options Chain | 2.40 | 2.65 | 0.68 | 2.50 | 0.27 | 0.45 | 87 | 35 | -0.27 | -0.05 | 79.30 | 75.00 | 12/18/2026 | No | 8 | 55 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.35 | 2.45 | 0.68 | 2.50 | 0.27 | 0.42 | 155 | 193 | -0.28 | -0.05 | 80.15 | 77.50 | 12/18/2026 | No | 12 | 66 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.75 | 0.85 | 0.27 | 1.00 | 0.27 | 0.44 | 2 | 0 | -0.28 | -0.02 | 26.02 | 23.00 | 12/18/2026 | Yes | 12 | 65 | None | |
| V | Visa Inc - Class A | Options Chain | 6.60 | 6.95 | 1.33 | 5.00 | 0.27 | 0.23 | 39 | 266 | -0.29 | -0.15 | 413.59 | 410.00 | 12/18/2026 | No | 9 | 65 | None | |
| SYK | Stryker Corp | Options Chain | 6.80 | 7.10 | 2.65 | 10.00 | 0.27 | 0.33 | 39 | 32 | -0.30 | -0.16 | 291.86 | 290.00 | 12/18/2026 | No | 13 | 69 | None | |
| HD | Home Depot Inc | Options Chain | 7.25 | 7.60 | 1.30 | 5.00 | 0.26 | 0.33 | 18 | 22 | -0.28 | -0.14 | 329.20 | 320.00 | 12/18/2026 | Yes | 10 | 70 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.80 | 1.93 | 0.64 | 2.50 | 0.26 | 0.49 | 551 | 152 | -0.24 | -0.04 | 62.69 | 57.50 | 12/18/2026 | No | 9 | 58 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.18 | 1.24 | 0.63 | 2.50 | 0.25 | 0.40 | 59 | 48 | -0.26 | -0.02 | 52.15 | 45.00 | 12/18/2026 | Yes | 13 | 65 | None | |
| EQNR | Equinor ASA | Options Chain | 0.90 | 1.20 | 0.25 | 1.00 | 0.25 | 0.38 | 0 | 14 | -0.27 | -0.02 | 48.75 | 42.00 | 12/18/2026 | Yes | 11 | 63 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.85 | 0.95 | 0.25 | 1.00 | 0.25 | 0.32 | 5 | 4 | -0.30 | -0.02 | 38.17 | 37.00 | 12/18/2026 | No | 15 | 80 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.35 | 8.90 | 2.45 | 10.00 | 0.25 | 0.37 | 141 | 117 | -0.27 | -0.19 | 406.97 | 370.00 | 12/18/2026 | No | 13 | 65 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.65 | 3.85 | 1.22 | 5.00 | 0.24 | 0.32 | 270 | 320 | -0.27 | -0.07 | 187.00 | 170.00 | 12/18/2026 | Yes | 11 | 64 | None | |
| FOXA | Fox Corporation - Class A | Options Chain | 1.40 | 2.20 | 1.20 | 5.00 | 0.24 | 0.39 | 11 | 2 | -0.30 | -0.04 | 63.24 | 60.00 | 12/18/2026 | Yes | 10 | 58 | None | |
| CFG | Citizens Financial Group Inc | Options Chain | 1.20 | 1.35 | 0.60 | 2.50 | 0.24 | 0.26 | 4 | 8 | -0.30 | -0.03 | 63.81 | 62.50 | 12/18/2026 | No | 16 | 77 | None | |
| F | Ford Motor Company | Options Chain | 0.30 | 0.31 | 0.16 | 0.67 | 0.24 | 0.36 | 1471 | 438 | -0.26 | 0.00 | 12.25 | 11.67 | 12/18/2026 | No | 8 | 51 | None | |
| WMT | Walmart Inc | Options Chain | 2.61 | 2.67 | 1.18 | 5.00 | 0.24 | 0.32 | 332 | 581 | -0.29 | -0.06 | 123.51 | 120.00 | 12/18/2026 | Yes | 8 | 55 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 7.10 | 7.80 | 2.35 | 10.00 | 0.24 | 0.47 | 19 | 16 | -0.25 | -0.16 | 259.61 | 240.00 | 12/18/2026 | No | 13 | 68 | None | |
| MS | Morgan Stanley | Options Chain | 3.85 | 4.05 | 1.17 | 5.00 | 0.23 | 0.34 | 75 | 192 | -0.26 | -0.10 | 184.30 | 175.00 | 12/18/2026 | No | 14 | 76 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.58 | 0.60 | 0.35 | 1.50 | 0.23 | 0.35 | 126 | 49 | -0.28 | -0.01 | 23.22 | 22.50 | 12/18/2026 | No | 16 | 70 | None | |
| MMM | 3M Company | Options Chain | 3.00 | 3.25 | 1.15 | 5.00 | 0.23 | 0.27 | 34 | 12 | -0.28 | -0.07 | 174.34 | 170.00 | 12/18/2026 | No | 10 | 65 | None | |
| KO | Coca-Cola Company | Options Chain | 1.34 | 1.36 | 0.57 | 2.50 | 0.23 | 0.20 | 489 | 1131 | -0.30 | -0.02 | 94.08 | 92.50 | 12/18/2026 | No | 9 | 61 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.60 | 3.85 | 1.13 | 5.00 | 0.23 | 0.25 | 387 | 103 | -0.26 | -0.08 | 258.12 | 250.00 | 12/18/2026 | Yes | 9 | 59 | None | |
| LUV | Southwest Airlines Company | Options Chain | 1.05 | 1.12 | 0.56 | 2.50 | 0.22 | 0.43 | 60 | 14 | -0.23 | -0.03 | 42.43 | 40.00 | 12/18/2026 | No | 10 | 54 | None | |
| GM | General Motors Company | Options Chain | 1.73 | 1.85 | 0.56 | 2.50 | 0.22 | 0.36 | 45 | 1336 | -0.24 | -0.04 | 85.50 | 82.50 | 12/18/2026 | No | 10 | 60 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.70 | 0.76 | 0.22 | 1.00 | 0.22 | 0.26 | 105 | 50 | -0.26 | -0.02 | 44.73 | 43.00 | 12/18/2026 | No | 7 | 64 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 2.00 | 2.15 | 1.08 | 5.00 | 0.22 | 0.46 | 53 | 52 | -0.25 | -0.05 | 79.50 | 75.00 | 12/18/2026 | Yes | 11 | 55 | None | |
| NVO | Novo Nordisk | Options Chain | 0.89 | 0.95 | 0.54 | 2.50 | 0.22 | 0.40 | 219 | 190 | -0.25 | -0.02 | 39.97 | 37.50 | 12/18/2026 | Yes | 14 | 59 | None | |
| FANG | Diamondback Energy Inc | Options Chain | 4.10 | 4.90 | 1.05 | 5.00 | 0.21 | 0.38 | 20 | 29 | -0.25 | -0.10 | 212.08 | 185.00 | 12/18/2026 | Yes | 10 | 68 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.00 | 1.15 | 0.63 | 3.00 | 0.21 | 0.36 | 5 | 5 | -0.23 | -0.03 | 55.25 | 50.00 | 12/18/2026 | No | 11 | 65 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.77 | 0.79 | 0.21 | 1.00 | 0.21 | 0.28 | 366 | 92 | -0.24 | -0.02 | 50.01 | 47.00 | 12/18/2026 | No | 11 | 74 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.34 | 1.44 | 0.52 | 2.50 | 0.21 | 0.28 | 33 | 449 | -0.27 | -0.03 | 83.40 | 80.00 | 12/18/2026 | No | 14 | 74 | None | |
| GIS | General Mills Inc | Options Chain | 0.75 | 0.85 | 0.52 | 2.50 | 0.21 | 0.36 | 137 | 548 | -0.28 | -0.02 | 34.29 | 32.50 | 12/18/2026 | Yes | 6 | 51 | None | |
| AEP | American Electric Power Company Inc | Options Chain | 1.70 | 2.05 | 1.00 | 5.00 | 0.20 | 0.21 | 24 | 6 | -0.28 | -0.03 | 130.21 | 125.00 | 12/18/2026 | No | 7 | 67 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.25 | 1.60 | 0.50 | 2.50 | 0.20 | 0.35 | 42 | 28 | -0.25 | -0.03 | 76.91 | 70.00 | 12/18/2026 | Yes | 17 | 52 | None | |
| VTRS | Viatris Inc | Options Chain | 0.35 | 0.45 | 0.20 | 1.00 | 0.20 | 0.40 | 2 | 2 | -0.23 | -0.01 | 18.91 | 17.00 | 12/18/2026 | Yes | 6 | 42 | None | |
| EXC | Exelon Corp | Options Chain | 0.50 | 0.70 | 0.20 | 1.00 | 0.20 | 0.21 | 5 | 65 | -0.25 | -0.01 | 46.16 | 44.00 | 12/18/2026 | Yes | 8 | 59 | None | |
| XYL | Xylem Inc | Options Chain | 1.50 | 2.15 | 0.93 | 5.00 | 0.19 | 0.33 | 15 | 7 | -0.25 | -0.03 | 92.40 | 90.00 | 12/18/2026 | No | 13 | 56 | None | |
| TROW | T. Rowe Price Group Inc | Options Chain | 1.85 | 2.10 | 0.93 | 5.00 | 0.19 | 0.32 | 31 | 8 | -0.27 | -0.04 | 103.90 | 100.00 | 12/18/2026 | No | 17 | 60 |
Dividend Stock List |
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| NKE | Nike Inc - Class B | Options Chain | 0.80 | 0.83 | 0.46 | 2.50 | 0.18 | 0.44 | 566 | 165 | -0.21 | -0.02 | 38.67 | 35.00 | 12/18/2026 | Yes | 13 | 58 | None | |
| PCG | PG&E Corp | Options Chain | 0.26 | 0.35 | 0.18 | 1.00 | 0.18 | 0.45 | 14 | 2 | -0.24 | -0.01 | 13.23 | 12.00 | 12/18/2026 | No | 11 | 63 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.31 | 0.45 | 0.18 | 1.00 | 0.18 | 0.19 | 7 | 239 | -0.24 | -0.01 | 38.15 | 36.00 | 12/18/2026 | Yes | 12 | 68 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.42 | 0.46 | 0.17 | 1.00 | 0.17 | 0.27 | 7 | 38 | -0.22 | -0.01 | 33.89 | 31.00 | 12/18/2026 | No | 10 | 59 | None | |
| CVX | Chevron Corp | Options Chain | 3.30 | 3.45 | 1.67 | 10.00 | 0.17 | 0.32 | 856 | 47 | -0.22 | -0.07 | 235.52 | 210.00 | 12/18/2026 | Yes | 11 | 69 | None | |
| C | Citigroup Inc | Options Chain | 1.93 | 2.05 | 0.83 | 5.00 | 0.17 | 0.32 | 180 | 976 | -0.23 | -0.06 | 122.54 | 115.00 | 12/18/2026 | No | 17 | 79 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.05 | 1.50 | 0.40 | 2.50 | 0.16 | 0.40 | 2 | 6 | -0.22 | -0.03 | 68.64 | 60.00 | 12/18/2026 | Yes | 9 | 62 | None | |
| NEE | NextEra Energy Inc | Options Chain | 0.94 | 1.00 | 0.40 | 2.50 | 0.16 | 0.24 | 386 | 108 | -0.23 | -0.02 | 83.71 | 80.00 | 12/18/2026 | No | 7 | 65 | None | |
| KEY | Keycorp | Options Chain | 0.20 | 0.40 | 0.15 | 1.00 | 0.15 | 0.27 | 14 | 1 | -0.22 | -0.01 | 21.12 | 20.00 | 12/18/2026 | No | 10 | 58 | None | |
| T | AT&T Inc | Options Chain | 0.30 | 0.31 | 0.15 | 1.00 | 0.15 | 0.30 | 112 | 63 | -0.22 | -0.01 | 21.45 | 20.00 | 12/18/2026 | No | 9 | 60 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.20 | 0.30 | 0.15 | 1.00 | 0.15 | 0.27 | 10 | 0 | -0.24 | -0.01 | 15.78 | 15.00 | 12/18/2026 | No | 10 | 57 | None |