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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| STM | ST Microelectronics | Options Chain | 1.60 | 2.50 | 0.52 | 1.00 | 0.52 | 0.55 | 0 | 2 | -0.28 | -0.04 | 54.13 | 49.00 | 10/2/2026 | No | 13 | 54 | None | |
| HPQ | HP Inc | Options Chain | 0.99 | 1.40 | 0.24 | 0.50 | 0.48 | 0.53 | 0 | 154 | -0.30 | -0.02 | 31.30 | 27.50 | 10/2/2026 | Yes | 12 | 46 | None | |
| IBM | International Business Machines Corp | Options Chain | 3.50 | 7.45 | 2.11 | 5.00 | 0.42 | 0.35 | 4 | 1 | -0.27 | -0.12 | 237.14 | 220.00 | 10/2/2026 | No | 9 | 66 | None | |
| COP | Conoco Phillips | Options Chain | 2.30 | 3.10 | 0.37 | 1.00 | 0.37 | 0.29 | 0 | 1 | -0.30 | -0.05 | 124.52 | 120.00 | 10/2/2026 | No | 10 | 70 | None | |
| V | Visa Inc - Class A | Options Chain | 4.95 | 7.45 | 1.80 | 5.00 | 0.36 | 0.21 | 0 | 5 | -0.30 | -0.12 | 364.15 | 355.00 | 10/2/2026 | No | 10 | 64 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.21 | 0.83 | 0.18 | 0.50 | 0.36 | 0.26 | 0 | 3 | -0.23 | 0.00 | 25.38 | 24.00 | 10/2/2026 | No | 7 | 58 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.31 | 4.35 | 0.88 | 2.50 | 0.35 | 0.28 | 2 | 1 | -0.30 | -0.05 | 158.73 | 152.50 | 10/2/2026 | No | 13 | 73 | None | |
| AVGO | Broadcom Inc | Options Chain | 11.90 | 12.80 | 1.75 | 5.00 | 0.35 | 0.47 | 118 | 225 | -0.29 | -0.28 | 418.62 | 365.00 | 9/25/2026 | Yes | 13 | 64 | None | |
| EQT | EQT Corp | Options Chain | 0.40 | 1.09 | 0.34 | 1.00 | 0.34 | 0.22 | 1 | 0 | -0.28 | -0.02 | 54.08 | 52.00 | 10/2/2026 | No | 14 | 69 | None | |
| ORCL | Oracle Corp | Options Chain | 5.70 | 7.95 | 1.70 | 5.00 | 0.34 | 0.65 | 5 | 5 | -0.27 | -0.13 | 156.35 | 135.00 | 10/2/2026 | Yes | 7 | 61 | None | |
| CRM | Salesforce Inc | Options Chain | 4.55 | 7.15 | 1.57 | 5.00 | 0.31 | 0.46 | 1 | 1 | -0.27 | -0.12 | 201.37 | 180.00 | 10/2/2026 | Yes | 15 | 70 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.70 | 4.75 | 1.51 | 5.00 | 0.30 | 0.44 | 0 | 4 | -0.24 | -0.08 | 165.79 | 150.00 | 10/2/2026 | No | 10 | 63 | None | |
| DOW | Dow Inc | Options Chain | 0.83 | 1.10 | 0.29 | 1.00 | 0.29 | 0.40 | 0 | 1 | -0.30 | -0.01 | 30.36 | 29.00 | 10/2/2026 | No | 8 | 54 | None | |
| PCG | PG&E Corp | Options Chain | 0.45 | 0.87 | 0.14 | 0.50 | 0.28 | 0.48 | 44 | 0 | -0.24 | -0.02 | 17.84 | 17.00 | 10/2/2026 | No | 13 | 61 | None | |
| T | AT&T Inc | Options Chain | 0.21 | 0.61 | 0.14 | 0.50 | 0.28 | 0.23 | 1 | 0 | -0.29 | -0.01 | 24.89 | 24.00 | 10/2/2026 | No | 10 | 60 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.20 | 5.25 | 1.39 | 5.00 | 0.28 | 0.20 | 10 | 2 | -0.27 | -0.12 | 363.11 | 350.00 | 10/2/2026 | No | 12 | 79 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.05 | 8.55 | 1.35 | 5.00 | 0.27 | 0.28 | 0 | 2 | -0.27 | -0.15 | 401.73 | 380.00 | 10/2/2026 | No | 13 | 64 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 0.79 | 4.00 | 1.28 | 5.00 | 0.26 | 0.33 | 36 | 6 | -0.26 | -0.05 | 113.47 | 105.00 | 10/2/2026 | No | 11 | 62 | None | |
| MSFT | Microsoft Corporation | Options Chain | 7.45 | 8.75 | 1.22 | 5.00 | 0.24 | 0.26 | 9 | 54 | -0.29 | -0.21 | 495.73 | 475.00 | 9/25/2026 | No | 14 | 72 | None | |
| KO | Coca-Cola Company | Options Chain | 0.66 | 1.38 | 0.24 | 1.00 | 0.24 | 0.16 | 0 | 4 | -0.30 | -0.02 | 87.42 | 85.00 | 10/2/2026 | No | 12 | 67 | None | |
| COF | Capital One Financial Corp | Options Chain | 2.15 | 6.00 | 1.08 | 5.00 | 0.22 | 0.28 | 2 | 0 | -0.27 | -0.08 | 223.26 | 215.00 | 10/2/2026 | No | 12 | 67 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.20 | 10.70 | 1.02 | 5.00 | 0.20 | 0.35 | 60 | 22 | -0.28 | -0.21 | 432.42 | 400.00 | 10/2/2026 | No | 20 | 61 |
Dividend Stock List |
|
| NKE | Nike Inc - Class B | Options Chain | 0.81 | 1.50 | 0.17 | 1.00 | 0.17 | 0.39 | 1 | 37 | -0.30 | -0.02 | 40.73 | 38.00 | 10/2/2026 | Yes | 11 | 51 | None | |
| NVO | Novo Nordisk | Options Chain | 0.31 | 1.19 | 0.16 | 1.00 | 0.16 | 0.29 | 13 | 5 | -0.26 | -0.02 | 45.89 | 43.00 | 10/2/2026 | No | 11 | 49 | None |