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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KO | Coca-Cola Company | Options Chain | 1.07 | 1.36 | 0.66 | 1.00 | 0.66 | 0.22 | 13 | 0 | -0.29 | -0.03 | 88.13 | 85.00 | 11/6/2026 | Yes | 9 | 61 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.25 | 7.85 | 2.53 | 5.00 | 0.51 | 0.47 | 4 | 1 | -0.26 | -0.17 | 232.76 | 210.00 | 11/6/2026 | Yes | 12 | 73 | None | |
| PEP | PepsiCo Inc | Options Chain | 2.09 | 2.60 | 0.49 | 1.00 | 0.49 | 0.25 | 2 | 0 | -0.30 | -0.07 | 130.21 | 125.00 | 11/6/2026 | Yes | 13 | 63 | None | |
| COST | Costco Wholesale Corp | Options Chain | 11.20 | 17.55 | 2.40 | 5.00 | 0.48 | 0.23 | 68 | 2 | -0.29 | -0.35 | 904.70 | 865.00 | 11/6/2026 | Yes | 14 | 59 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.70 | 12.30 | 2.32 | 5.00 | 0.46 | 0.36 | 0 | 2 | -0.30 | -0.23 | 371.29 | 355.00 | 11/6/2026 | Yes | 13 | 65 | None | |
| GLW | Corning Inc | Options Chain | 5.65 | 6.95 | 1.75 | 5.00 | 0.35 | 0.62 | 3 | 12 | -0.28 | -0.13 | 154.48 | 140.00 | 11/6/2026 | Yes | 8 | 52 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.15 | 4.00 | 0.87 | 2.50 | 0.35 | 0.32 | 8 | 2 | -0.30 | -0.09 | 158.71 | 155.00 | 11/6/2026 | Yes | 13 | 74 | None | |
| ORCL | Oracle Corp | Options Chain | 4.65 | 4.85 | 1.60 | 5.00 | 0.32 | 0.52 | 951 | 687 | -0.30 | -0.11 | 148.56 | 130.00 | 10/30/2026 | No | 11 | 69 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.80 | 11.75 | 1.55 | 5.00 | 0.31 | 0.34 | 2 | 21 | -0.30 | -0.24 | 446.57 | 430.00 | 11/6/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| MCD | McDonald`s Corp | Options Chain | 3.15 | 3.90 | 1.37 | 5.00 | 0.27 | 0.23 | 88 | 13 | -0.29 | -0.11 | 238.92 | 230.00 | 11/6/2026 | Yes | 9 | 52 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.77 | 1.07 | 0.27 | 1.00 | 0.27 | 0.45 | 0 | 1 | -0.25 | -0.02 | 36.00 | 33.00 | 11/6/2026 | Yes | 10 | 53 | None | |
| MS | Morgan Stanley | Options Chain | 2.68 | 6.15 | 1.34 | 5.00 | 0.27 | 0.34 | 1 | 1 | -0.29 | -0.09 | 198.94 | 185.00 | 11/6/2026 | Yes | 10 | 67 | None | |
| CRM | Salesforce Inc | Options Chain | 5.25 | 7.05 | 1.32 | 5.00 | 0.26 | 0.39 | 1 | 6 | -0.28 | -0.15 | 233.28 | 225.00 | 11/6/2026 | No | 10 | 63 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.00 | 10.35 | 1.30 | 5.00 | 0.26 | 0.33 | 20 | 66 | -0.28 | -0.30 | 500.40 | 475.00 | 10/30/2026 | No | 11 | 66 | None | |
| CVX | Chevron Corp | Options Chain | 1.70 | 5.35 | 1.24 | 5.00 | 0.25 | 0.29 | 11 | 10 | -0.25 | -0.11 | 205.51 | 195.00 | 11/6/2026 | Yes | 13 | 77 | None | |
| F | Ford Motor Company | Options Chain | 0.26 | 0.42 | 0.12 | 0.50 | 0.24 | 0.38 | 18 | 22 | -0.29 | -0.01 | 12.96 | 12.00 | 11/6/2026 | Yes | 9 | 51 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.00 | 6.65 | 1.18 | 5.00 | 0.24 | 0.27 | 5 | 1 | -0.26 | -0.11 | 337.90 | 320.00 | 11/6/2026 | Yes | 8 | 71 | None | |
| HD | Home Depot Inc | Options Chain | 3.90 | 6.05 | 0.86 | 5.00 | 0.17 | 0.28 | 4 | 0 | -0.27 | -0.14 | 297.08 | 280.00 | 11/6/2026 | No | 11 | 68 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.80 | 7.55 | 0.78 | 5.00 | 0.16 | 0.50 | 11 | 15 | -0.30 | -0.16 | 197.24 | 180.00 | 11/6/2026 | Yes | 10 | 63 | None | |
| VST | Vistra Corp | Options Chain | 2.50 | 3.30 | 0.77 | 5.00 | 0.15 | 0.44 | 14 | 0 | -0.22 | -0.08 | 137.97 | 125.00 | 11/6/2026 | Yes | 6 | 54 | None |