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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CRM | Salesforce Inc | Options Chain | 3.80 | 7.80 | 2.01 | 5.00 | 0.40 | 0.45 | 5 | 2 | -0.30 | -0.10 | 170.21 | 155.00 | 7/31/2026 | No | 15 | 71 | None | |
| ORCL | Oracle Corp | Options Chain | 6.80 | 8.20 | 1.85 | 5.00 | 0.37 | 0.55 | 90 | 110 | -0.30 | -0.15 | 180.88 | 170.00 | 7/24/2026 | Yes | 7 | 61 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 14.35 | 18.40 | 1.68 | 5.00 | 0.34 | 0.50 | 1 | 1 | -0.30 | -0.30 | 407.09 | 390.00 | 7/31/2026 | Yes | 22 | 66 |
Dividend Stock List |
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| PR | Permian Resources Corp - Class A | Options Chain | 0.35 | 0.70 | 0.30 | 1.00 | 0.30 | 0.44 | 79 | 10 | -0.28 | -0.01 | 19.73 | 18.00 | 7/17/2026 | No | 6 | 53 | None | |
| AVGO | Broadcom Inc | Options Chain | 11.75 | 12.35 | 2.95 | 10.00 | 0.30 | 0.49 | 1240 | 1078 | -0.29 | -0.28 | 367.69 | 360.00 | 7/17/2026 | No | 10 | 62 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.95 | 1.30 | 0.28 | 1.00 | 0.28 | 0.40 | 4 | 122 | -0.30 | -0.02 | 42.05 | 41.00 | 7/17/2026 | Yes | 15 | 77 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 4.70 | 5.30 | 1.35 | 5.00 | 0.27 | 0.54 | 60 | 19 | -0.29 | -0.12 | 147.39 | 140.00 | 7/17/2026 | No | 11 | 60 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.90 | 2.20 | 0.65 | 2.50 | 0.26 | 0.41 | 4 | 5 | -0.28 | -0.06 | 82.89 | 82.50 | 7/17/2026 | No | 9 | 57 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.55 | 0.70 | 0.25 | 1.00 | 0.25 | 0.46 | 293 | 0 | -0.24 | -0.02 | 28.75 | 26.00 | 7/17/2026 | No | 10 | 57 | None | |
| CTSH | Cognizant Technology Solutions Corp - Class A | Options Chain | 0.90 | 1.60 | 0.62 | 2.50 | 0.25 | 0.45 | 12 | 5 | -0.26 | -0.03 | 51.81 | 47.50 | 7/17/2026 | No | 16 | 62 | None | |
| MSFT | Microsoft Corporation | Options Chain | 6.50 | 7.05 | 1.18 | 5.00 | 0.24 | 0.32 | 1905 | 1895 | -0.27 | -0.21 | 396.50 | 370.00 | 7/17/2026 | No | 12 | 65 | None | |
| PPL | PPL Corp | Options Chain | 0.25 | 0.60 | 0.23 | 1.00 | 0.23 | 0.23 | 16 | 0 | -0.27 | -0.02 | 35.40 | 34.00 | 7/17/2026 | No | 7 | 60 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.40 | 0.70 | 0.22 | 1.00 | 0.22 | 0.40 | 1 | 2 | -0.24 | -0.01 | 27.46 | 26.00 | 7/17/2026 | No | 7 | 56 | None | |
| BCS | Barclays plc | Options Chain | 0.55 | 0.65 | 0.22 | 1.00 | 0.22 | 0.44 | 2778 | 6 | -0.27 | -0.02 | 23.70 | 23.00 | 7/17/2026 | No | 18 | 65 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.00 | 8.10 | 1.02 | 5.00 | 0.20 | 0.30 | 0 | 1 | -0.27 | -0.12 | 309.14 | 295.00 | 7/31/2026 | Yes | 11 | 79 | None | |
| EXC | Exelon Corp | Options Chain | 0.30 | 0.70 | 0.20 | 1.00 | 0.20 | 0.21 | 0 | 1 | -0.28 | -0.02 | 45.37 | 44.00 | 7/17/2026 | No | 11 | 65 | None | |
| EC | Ecopetrol SA | Options Chain | 0.55 | 0.90 | 0.20 | 1.00 | 0.20 | 0.65 | 0 | 95 | -0.29 | -0.02 | 16.44 | 15.00 | 7/17/2026 | Yes | 11 | 57 | None | |
| AU | AngloGold Ashanti Plc. | Options Chain | 1.50 | 3.40 | 0.87 | 5.00 | 0.17 | 0.58 | 69 | 0 | -0.26 | -0.08 | 77.83 | 75.00 | 7/17/2026 | No | 16 | 64 |
Dividend Stock List |
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| VST | Vistra Corp | Options Chain | 4.05 | 5.90 | 0.84 | 5.00 | 0.17 | 0.55 | 2 | 20 | -0.26 | -0.09 | 137.17 | 130.00 | 7/31/2026 | No | 7 | 56 | None | |
| RF | Regions Financial Corp | Options Chain | 0.30 | 0.50 | 0.15 | 1.00 | 0.15 | 0.32 | 1 | 0 | -0.23 | -0.02 | 28.36 | 27.00 | 7/17/2026 | Yes | 17 | 70 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.20 | 0.35 | 0.15 | 1.00 | 0.15 | 0.33 | 1 | 7 | -0.23 | -0.01 | 16.86 | 16.00 | 7/17/2026 | Yes | 12 | 66 | None |