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
HPE Hewlett Packard Enterprise Company Options Chain 2.41 2.58 0.42 1.00 0.42 0.66 8 28 -0.30 -0.04 44.46 41.00 8/21/2026 No 8 51 None
DELL Dell Technologies Inc - Class C Options Chain 25.00 26.60 3.75 10.00 0.38 0.78 57 35 -0.28 -0.43 414.06 380.00 8/21/2026 No 14 57 None
SBAC SBA Communications Corp - Class A Options Chain 3.10 7.30 1.80 5.00 0.36 0.39 0 101 -0.24 -0.08 179.50 170.00 8/21/2026 Yes 8 52 None
GPN Global Payments Inc Options Chain 2.40 3.20 0.90 2.50 0.36 0.48 0 3 -0.30 -0.05 70.50 67.50 8/21/2026 Yes 8 56 None
HAL Halliburton Company Options Chain 0.96 1.25 0.36 1.00 0.36 0.38 20 0 -0.30 -0.02 34.34 32.00 8/21/2026 Yes 14 56 None
TSM Taiwan Semiconductor Manufacturing Options Chain 19.25 20.90 3.48 10.00 0.35 0.53 334 77 -0.29 -0.34 477.57 440.00 8/21/2026 Yes 23 66
Dividend Stock List
CGNX Cognex Corp Options Chain 3.20 3.80 1.65 5.00 0.33 0.65 50 42 -0.28 -0.06 70.00 65.00 8/21/2026 Yes 13 56 None
BKNG Booking Holdings Inc Options Chain 4.90 6.30 1.65 5.00 0.33 0.43 20 13 -0.28 -0.11 182.25 165.00 8/21/2026 Yes 14 63 None
VST Vistra Corp Options Chain 6.25 6.70 1.60 5.00 0.32 0.54 30 91 -0.29 -0.11 162.77 145.00 8/21/2026 Yes 8 56 None
VZ Verizon Communications Inc Options Chain 0.94 1.07 0.32 1.00 0.32 0.29 1368 2043 -0.29 -0.01 42.34 40.00 8/21/2026 Yes 9 64 None
IBM International Business Machines Corp Options Chain 10.15 11.20 1.58 5.00 0.32 0.49 44 20 -0.30 -0.18 278.29 260.00 8/21/2026 Yes 13 72 None
CEG Constellation Energy Corporation Options Chain 9.60 10.20 3.15 10.00 0.32 0.50 78 63 -0.30 -0.16 259.60 230.00 8/21/2026 Yes 8 64 None
AVGO Broadcom Inc Options Chain 13.85 14.45 3.10 10.00 0.31 0.48 407 201 -0.29 -0.26 373.38 350.00 8/21/2026 No 10 62 None
ALLY Ally Financial Inc Options Chain 1.00 1.45 0.30 1.00 0.30 0.37 0 3 -0.28 -0.02 47.20 43.00 8/21/2026 Yes 10 65 None
GM General Motors Company Options Chain 2.41 2.56 0.74 2.50 0.30 0.41 30 31 -0.30 -0.05 77.54 72.50 8/21/2026 Yes 8 60 None
APH Amphenol Corp - Class A Options Chain 6.80 7.50 1.45 5.00 0.29 0.56 26 21 -0.28 -0.13 165.59 160.00 8/21/2026 Yes 8 58 None
STZ Constellation Brands Inc - Class A Options Chain 3.30 4.30 1.45 5.00 0.29 0.38 199 16 -0.29 -0.07 139.09 130.00 8/21/2026 Yes 11 69 None
CTSH Cognizant Technology Solutions Corp - Class A Options Chain 1.20 1.80 0.72 2.50 0.29 0.56 11 54 -0.28 -0.03 39.04 35.00 8/21/2026 Yes 17 66 None
LDOS Leidos Holdings Inc Options Chain 3.00 3.40 1.42 5.00 0.28 0.44 6 21 -0.28 -0.06 102.97 95.00 8/21/2026 Yes 13 69 None
EPD Enterprise Products Partners L P Options Chain 0.50 0.77 0.28 1.00 0.28 0.22 7 0 -0.28 -0.01 36.56 35.00 8/21/2026 Yes 12 67 None
JPM JPMorgan Chase & Company Options Chain 5.75 6.40 1.35 5.00 0.27 0.27 96 57 -0.27 -0.11 327.33 310.00 8/21/2026 Yes 9 69 None
CRM Salesforce Inc Options Chain 4.55 4.75 1.35 5.00 0.27 0.43 178 116 -0.27 -0.10 158.49 145.00 8/21/2026 No 11 63 None
RTX RTX Corp Options Chain 4.35 4.65 1.32 5.00 0.26 0.31 12 119 -0.30 -0.08 187.97 180.00 8/21/2026 Yes 14 66 None
APA APA Corporation Options Chain 1.10 1.28 0.66 2.50 0.26 0.48 18 2 -0.30 -0.02 32.99 30.00 8/21/2026 Yes 10 55 None
UNH Unitedhealth Group Inc Options Chain 9.60 10.05 2.63 10.00 0.26 0.34 240 362 -0.27 -0.21 415.63 390.00 8/21/2026 Yes 10 58 None
DKS Dicks Sporting Goods Inc Options Chain 6.20 7.80 2.55 10.00 0.26 0.44 67 6 -0.27 -0.14 231.81 210.00 8/21/2026 No 9 64 None
AU AngloGold Ashanti Plc. Options Chain 1.80 2.40 1.27 5.00 0.25 0.53 14 0 -0.25 -0.06 81.65 70.00 8/21/2026 Yes 16 64
Dividend Stock List
BCS Barclays plc Options Chain 0.70 0.85 0.25 1.00 0.25 0.39 98 73 -0.28 -0.01 25.90 25.00 8/21/2026 Yes 14 52 None
EQNR Equinor ASA Options Chain 0.75 0.90 0.25 1.00 0.25 0.39 3 0 -0.28 -0.01 31.15 29.00 8/21/2026 Yes 12 61 None
TGT Target Corp Options Chain 3.20 3.50 1.23 5.00 0.25 0.40 119 61 -0.27 -0.06 130.61 120.00 8/21/2026 Yes 12 63 None
ZTS Zoetis Inc - Class A Options Chain 2.05 2.30 1.18 5.00 0.24 0.48 116 112 -0.26 -0.04 73.57 65.00 8/21/2026 Yes 15 65 None
WFC Wells Fargo & Company Options Chain 1.71 1.79 0.58 2.50 0.23 0.32 269 35 -0.28 -0.03 82.64 77.50 8/21/2026 Yes 9 64 None
CMCSA Comcast Corp - Class A Options Chain 0.51 0.59 0.23 1.00 0.23 0.41 69 88 -0.23 -0.01 24.38 22.00 8/21/2026 Yes 16 67 None
EC Ecopetrol SA Options Chain 0.45 0.70 0.23 1.00 0.23 0.53 2 0 -0.29 -0.01 14.79 13.00 8/21/2026 Yes 14 55 None
CSCO Cisco Systems Inc Options Chain 3.15 3.40 1.13 5.00 0.23 0.49 71 30 -0.24 -0.07 116.80 105.00 8/21/2026 Yes 9 62 None
JCI Johnson Controls International plc Options Chain 3.00 4.10 1.10 5.00 0.22 0.39 0 5 -0.26 -0.08 146.11 135.00 8/21/2026 Yes 8 58 None
FHN First Horizon Corporation Options Chain 0.40 0.60 0.22 1.00 0.22 0.32 1 0 -0.25 -0.01 25.58 24.00 8/21/2026 Yes 19 70 None
HPQ HP Inc Options Chain 0.54 0.59 0.22 1.00 0.22 0.43 1591 1451 -0.25 -0.01 22.69 20.00 8/21/2026 No 12 38 None
PR Permian Resources Corp - Class A Options Chain 0.40 0.70 0.22 1.00 0.22 0.44 0 7 -0.28 -0.01 18.54 17.00 8/21/2026 Yes 7 53 None
KEY Keycorp Options Chain 0.45 0.55 0.22 1.00 0.22 0.29 85 0 -0.30 -0.01 23.05 22.00 8/21/2026 Yes 10 59 None
DOW Dow Inc Options Chain 0.84 0.90 0.54 2.50 0.22 0.48 56 16 -0.26 -0.02 28.02 25.00 8/21/2026 Yes 6 52 None
BHP BHP Group Ltd Options Chain 2.00 2.25 0.53 2.50 0.21 0.39 0 3 -0.26 -0.04 81.50 77.50 8/21/2026 Yes 11 24 None
C Citigroup Inc Options Chain 2.88 3.10 1.05 5.00 0.21 0.34 244 12 -0.26 -0.06 143.47 130.00 8/21/2026 Yes 12 77 None
AEP American Electric Power Company Inc Options Chain 1.80 2.55 1.05 5.00 0.21 0.25 6 6 -0.27 -0.04 137.87 130.00 8/21/2026 Yes 8 67 None
FCX Freeport-McMoRan Inc Options Chain 1.86 2.00 1.01 5.00 0.20 0.57 51 1000 -0.23 -0.04 61.74 55.00 8/21/2026 Yes 10 58 None
JNJ Johnson & Johnson Options Chain 4.00 4.50 2.00 10.00 0.20 0.27 21 47 -0.27 -0.09 253.97 240.00 8/21/2026 Yes 9 66 None
T AT&T Inc Options Chain 0.39 0.44 0.20 1.00 0.20 0.34 641 470 -0.24 -0.01 20.70 19.00 8/21/2026 Yes 12 70 None
KMI Kinder Morgan Inc - Class P Options Chain 0.40 0.53 0.20 1.00 0.20 0.25 108 0 -0.25 -0.01 31.97 30.00 8/21/2026 Yes 8 59 None
CVE Cenovus Energy Inc Options Chain 0.75 0.85 0.20 1.00 0.20 0.44 2 0 -0.29 -0.02 25.17 23.00 8/21/2026 Yes 16 66 None
OKE Oneok Inc Options Chain 1.40 1.80 0.97 5.00 0.19 0.31 193 28 -0.23 -0.02 86.94 80.00 8/21/2026 Yes 10 66 None
USB U.S. Bancorp. Options Chain 1.01 1.20 0.48 2.50 0.19 0.27 527 26 -0.27 -0.03 60.40 57.50 8/21/2026 Yes 12 65 None
FAST Fastenal Company Options Chain 0.85 1.30 0.48 2.50 0.19 0.33 1 1 -0.28 -0.02 47.34 45.00 8/21/2026 Yes 13 52 None
GIS General Mills Inc Options Chain 0.65 0.80 0.48 2.50 0.19 0.30 69 1458 -0.28 -0.01 36.42 32.50 8/21/2026 Yes 8 53 None
PPL PPL Corp Options Chain 0.50 0.65 0.18 1.00 0.18 0.23 0 2 -0.29 -0.02 36.35 35.00 8/21/2026 Yes 8 67 None
DVN Devon Energy Corp Options Chain 0.76 0.85 0.44 2.50 0.18 0.39 93 32 -0.21 -0.02 41.97 37.50 8/21/2026 Yes 7 51 None
KO Coca-Cola Company Options Chain 0.94 1.01 0.44 2.50 0.18 0.21 196 61 -0.24 -0.03 82.70 77.50 8/21/2026 Yes 9 63 None
XOM Exxon Mobil Corp Options Chain 1.73 1.88 0.86 5.00 0.17 0.30 123 264 -0.21 -0.05 136.04 125.00 8/21/2026 Yes 11 71 None
BMY Bristol-Myers Squibb Company Options Chain 0.80 0.87 0.43 2.50 0.17 0.31 264 63 -0.20 -0.02 58.56 52.50 8/21/2026 Yes 11 53 None
SLB SLB Options Chain 0.78 0.86 0.41 2.50 0.16 0.36 14 16 -0.22 -0.02 46.49 42.50 8/21/2026 Yes 7 49 None
BKR Baker Hughes Co - Class A Options Chain 1.00 1.30 0.77 5.00 0.15 0.41 1 0 -0.22 -0.03 56.31 50.00 8/21/2026 Yes 16 66 None
WMB Williams Cos Inc Options Chain 1.20 1.30 0.77 5.00 0.15 0.28 11 5 -0.25 -0.03 74.34 70.00 8/21/2026 Yes 8 63 None
WMT Walmart Inc Options Chain 1.50 1.61 0.75 5.00 0.15 0.28 203 190 -0.22 -0.04 113.26 105.00 8/21/2026 Yes 10 57 None
ERIC Telefonaktiebolaget L M Ericsson Options Chain 0.20 0.30 0.15 1.00 0.15 0.42 1001 0 -0.21 -0.01 11.10 10.00 8/21/2026 Yes 19 62 None
RF Regions Financial Corp Options Chain 0.40 0.50 0.15 1.00 0.15 0.30 235 0 -0.23 -0.01 30.20 28.00 8/21/2026 Yes 18 71 None
EXC Exelon Corp Options Chain 0.25 0.70 0.15 1.00 0.15 0.21 1 0 -0.24 -0.01 47.42 44.00 8/21/2026 Yes 8 57 None