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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNH | Unitedhealth Group Inc | Options Chain | 7.35 | 11.00 | 2.93 | 5.00 | 0.59 | 0.36 | 2 | 28 | -0.28 | -0.20 | 378.52 | 355.00 | 11/27/2026 | Yes | 12 | 65 | None | |
| GLW | Corning Inc | Options Chain | 5.20 | 6.80 | 2.24 | 5.00 | 0.45 | 0.57 | 55 | 13 | -0.29 | -0.12 | 156.46 | 135.00 | 11/27/2026 | Yes | 8 | 52 | None | |
| CRM | Salesforce Inc | Options Chain | 5.45 | 8.25 | 2.02 | 5.00 | 0.40 | 0.40 | 5 | 7 | -0.30 | -0.14 | 229.13 | 220.00 | 11/27/2026 | No | 11 | 63 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.64 | 1.34 | 0.40 | 1.00 | 0.40 | 0.30 | 6 | 0 | -0.25 | -0.03 | 59.10 | 54.00 | 11/27/2026 | Yes | 11 | 54 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.05 | 2.79 | 0.39 | 1.00 | 0.39 | 0.47 | 0 | 11 | -0.29 | -0.05 | 73.69 | 68.00 | 11/27/2026 | Yes | 11 | 59 | None | |
| EQNR | Equinor ASA | Options Chain | 0.95 | 1.30 | 0.38 | 1.00 | 0.38 | 0.41 | 78 | 5 | -0.28 | -0.02 | 43.94 | 41.00 | 11/20/2026 | Yes | 12 | 61 | None | |
| NVO | Novo Nordisk | Options Chain | 0.51 | 1.28 | 0.35 | 1.00 | 0.35 | 0.37 | 0 | 1 | -0.26 | -0.02 | 38.58 | 36.00 | 11/27/2026 | Yes | 11 | 50 | None | |
| ORCL | Oracle Corp | Options Chain | 5.10 | 5.40 | 1.02 | 3.00 | 0.34 | 0.50 | 7 | 51 | -0.30 | -0.10 | 137.39 | 128.00 | 11/27/2026 | No | 7 | 62 | None | |
| AVGO | Broadcom Inc | Options Chain | 8.25 | 8.90 | 1.60 | 5.00 | 0.32 | 0.36 | 43 | 22 | -0.28 | -0.20 | 362.32 | 335.00 | 11/27/2026 | No | 10 | 65 | None | |
| EIX | Edison International | Options Chain | 1.20 | 1.85 | 0.80 | 2.50 | 0.32 | 0.40 | 66 | 64 | -0.30 | -0.04 | 55.64 | 52.50 | 11/20/2026 | Yes | 10 | 60 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.50 | 5.45 | 1.50 | 5.00 | 0.30 | 0.46 | 11 | 7 | -0.26 | -0.11 | 174.43 | 160.00 | 11/27/2026 | Yes | 12 | 71 | None | |
| GS | Goldman Sachs Group Inc | Options Chain | 16.25 | 22.20 | 1.50 | 5.00 | 0.30 | 0.31 | 0 | 2 | -0.29 | -0.42 | 893.95 | 850.00 | 11/27/2026 | Yes | 11 | 68 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.60 | 10.90 | 1.50 | 5.00 | 0.30 | 0.32 | 5 | 12 | -0.30 | -0.23 | 444.35 | 425.00 | 11/27/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.30 | 0.72 | 0.30 | 1.00 | 0.30 | 0.25 | 5 | 5 | -0.24 | -0.01 | 33.08 | 31.00 | 11/27/2026 | Yes | 8 | 59 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.55 | 0.80 | 0.30 | 1.00 | 0.30 | 0.37 | 21 | 1 | -0.24 | -0.02 | 37.65 | 35.00 | 11/20/2026 | Yes | 11 | 71 | None | |
| APA | APA Corporation | Options Chain | 1.16 | 1.58 | 0.30 | 1.00 | 0.30 | 0.46 | 0 | 1 | -0.27 | -0.03 | 46.03 | 43.00 | 11/27/2026 | Yes | 14 | 72 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.39 | 1.95 | 0.30 | 1.00 | 0.30 | 0.30 | 0 | 22 | -0.29 | -0.03 | 83.71 | 79.00 | 11/27/2026 | Yes | 16 | 74 | None | |
| MSFT | Microsoft Corporation | Options Chain | 10.15 | 11.05 | 1.47 | 5.00 | 0.29 | 0.29 | 18 | 26 | -0.29 | -0.23 | 535.00 | 515.00 | 11/27/2026 | Yes | 13 | 72 | None | |
| MS | Morgan Stanley | Options Chain | 3.90 | 4.75 | 1.47 | 5.00 | 0.29 | 0.32 | 0 | 5 | -0.30 | -0.08 | 190.69 | 180.00 | 11/27/2026 | Yes | 11 | 67 | None | |
| CVX | Chevron Corp | Options Chain | 3.95 | 4.75 | 1.46 | 5.00 | 0.29 | 0.29 | 71 | 24 | -0.30 | -0.08 | 211.98 | 205.00 | 11/27/2026 | Yes | 13 | 77 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 15.00 | 15.70 | 2.90 | 10.00 | 0.29 | 0.48 | 28 | 52 | -0.30 | -0.33 | 458.81 | 430.00 | 11/20/2026 | Yes | 11 | 61 | None | |
| ACN | Accenture plc - Class A | Options Chain | 4.40 | 7.40 | 1.45 | 5.00 | 0.29 | 0.40 | 5 | 2 | -0.29 | -0.11 | 208.93 | 200.00 | 11/27/2026 | No | 19 | 69 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.72 | 0.86 | 0.28 | 1.00 | 0.28 | 0.37 | 13 | 26 | -0.26 | -0.02 | 34.92 | 33.00 | 11/27/2026 | No | 11 | 52 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.69 | 2.35 | 0.28 | 1.00 | 0.28 | 0.35 | 1 | 28 | -0.30 | -0.04 | 82.17 | 76.00 | 11/27/2026 | No | 12 | 66 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.20 | 2.40 | 0.70 | 2.50 | 0.28 | 0.45 | 58 | 37 | -0.27 | -0.06 | 87.17 | 80.00 | 11/20/2026 | Yes | 9 | 57 | None | |
| SYF | Synchrony Financial | Options Chain | 1.50 | 2.10 | 0.65 | 2.50 | 0.26 | 0.36 | 10 | 26 | -0.30 | -0.04 | 72.73 | 70.00 | 11/20/2026 | Yes | 15 | 75 | None | |
| JNJ | Johnson & Johnson | Options Chain | 3.55 | 4.90 | 1.29 | 5.00 | 0.26 | 0.26 | 3 | 3 | -0.27 | -0.09 | 263.73 | 250.00 | 11/27/2026 | Yes | 12 | 72 | None | |
| ECL | Ecolab Inc | Options Chain | 3.90 | 5.80 | 2.55 | 10.00 | 0.26 | 0.29 | 2 | 6 | -0.27 | -0.14 | 281.83 | 270.00 | 11/20/2026 | Yes | 9 | 65 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 3.40 | 5.70 | 1.26 | 5.00 | 0.25 | 0.23 | 4 | 15 | -0.26 | -0.13 | 334.30 | 320.00 | 11/27/2026 | Yes | 8 | 71 | None | |
| F | Ford Motor Company | Options Chain | 0.18 | 0.26 | 0.12 | 0.50 | 0.24 | 0.35 | 3 | 0 | -0.24 | 0.00 | 12.00 | 11.00 | 11/27/2026 | Yes | 9 | 51 | None | |
| DPZ | Dominos Pizza Inc | Options Chain | 5.80 | 7.30 | 2.35 | 10.00 | 0.24 | 0.38 | 19 | 57 | -0.26 | -0.19 | 309.36 | 290.00 | 11/20/2026 | Yes | 13 | 55 | None | |
| TMUS | T-Mobile US Inc | Options Chain | 2.60 | 5.00 | 1.17 | 5.00 | 0.23 | 0.38 | 18 | 6 | -0.26 | -0.08 | 151.87 | 140.00 | 11/27/2026 | Yes | 8 | 69 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.50 | 0.65 | 0.23 | 1.00 | 0.23 | 0.40 | 6 | 1 | -0.28 | -0.02 | 23.40 | 22.00 | 11/20/2026 | Yes | 12 | 68 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.20 | 5.90 | 1.15 | 5.00 | 0.23 | 0.39 | 21 | 3 | -0.27 | -0.11 | 226.83 | 210.00 | 11/27/2026 | Yes | 12 | 74 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.82 | 3.35 | 1.14 | 5.00 | 0.23 | 0.23 | 23 | 26 | -0.25 | -0.09 | 235.65 | 225.00 | 11/27/2026 | Yes | 12 | 60 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.35 | 1.55 | 0.57 | 2.50 | 0.23 | 0.45 | 129 | 1 | -0.26 | -0.04 | 59.41 | 55.00 | 11/20/2026 | Yes | 9 | 55 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 0.95 | 1.70 | 0.55 | 2.50 | 0.22 | 0.33 | 16 | 26 | -0.25 | -0.03 | 80.35 | 75.00 | 11/20/2026 | Yes | 14 | 45 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.00 | 0.70 | 0.20 | 1.00 | 0.20 | 0.53 | 0 | 15 | -0.19 | -0.01 | 20.66 | 19.00 | 11/27/2026 | Yes | 16 | 70 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.65 | 0.90 | 0.20 | 1.00 | 0.20 | 0.30 | 1 | 0 | -0.25 | -0.03 | 50.82 | 48.00 | 11/20/2026 | Yes | 10 | 73 | None | |
| RF | Regions Financial Corp | Options Chain | 0.45 | 0.75 | 0.20 | 1.00 | 0.20 | 0.34 | 2 | 1 | -0.29 | -0.01 | 27.37 | 26.00 | 11/20/2026 | Yes | 18 | 69 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.81 | 2.80 | 0.95 | 5.00 | 0.19 | 0.28 | 1 | 6 | -0.22 | -0.06 | 172.15 | 160.00 | 11/27/2026 | Yes | 13 | 71 | None | |
| EXC | Exelon Corp | Options Chain | 0.25 | 0.60 | 0.18 | 1.00 | 0.18 | 0.23 | 1 | 11 | -0.22 | -0.01 | 41.30 | 40.00 | 11/20/2026 | Yes | 11 | 69 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.43 | 1.05 | 0.18 | 1.00 | 0.18 | 0.26 | 6 | 10 | -0.28 | -0.02 | 42.78 | 41.00 | 11/27/2026 | Yes | 10 | 73 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.65 | 1.09 | 0.16 | 1.00 | 0.16 | 0.26 | 18 | 11 | -0.27 | -0.02 | 54.43 | 52.00 | 11/27/2026 | Yes | 13 | 74 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.30 | 0.45 | 0.15 | 1.00 | 0.15 | 0.29 | 1 | 0 | -0.26 | -0.01 | 23.06 | 22.00 | 11/20/2026 | Yes | 12 | 59 | None |