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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GLW | Corning Inc | Options Chain | 8.10 | 9.05 | 1.90 | 5.00 | 0.38 | 0.77 | 86 | 72 | -0.28 | -0.17 | 159.43 | 140.00 | 9/18/2026 | No | 10 | 54 | None | |
| WYNN | Wynn Resorts Ltd | Options Chain | 1.10 | 3.05 | 0.94 | 2.50 | 0.38 | 0.34 | 72 | 9 | -0.28 | -0.06 | 102.22 | 95.00 | 9/18/2026 | Yes | 11 | 59 | None | |
| ORCL | Oracle Corp | Options Chain | 7.60 | 7.80 | 1.80 | 5.00 | 0.36 | 0.73 | 725 | 177 | -0.29 | -0.15 | 144.39 | 130.00 | 9/18/2026 | Yes | 9 | 63 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 3.15 | 3.65 | 0.35 | 1.00 | 0.35 | 0.82 | 110 | 16 | -0.30 | -0.06 | 52.40 | 48.00 | 9/18/2026 | Yes | 8 | 52 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.10 | 6.40 | 1.62 | 5.00 | 0.32 | 0.40 | 1705 | 322 | -0.29 | -0.12 | 235.92 | 220.00 | 9/18/2026 | No | 9 | 66 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 5.60 | 6.60 | 1.55 | 5.00 | 0.31 | 0.50 | 18 | 43 | -0.29 | -0.13 | 171.33 | 160.00 | 9/18/2026 | No | 8 | 58 | None | |
| VST | Vistra Corp | Options Chain | 5.15 | 5.55 | 1.55 | 5.00 | 0.31 | 0.54 | 104 | 47 | -0.29 | -0.12 | 144.70 | 130.00 | 9/18/2026 | Yes | 6 | 56 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 24.40 | 29.65 | 3.05 | 10.00 | 0.30 | 0.36 | 31 | 52 | -0.28 | -0.61 | 1,169.86 | 1,100.00 | 9/18/2026 | Yes | 13 | 67 | None | |
| NEM | Newmont Corp | Options Chain | 2.74 | 3.10 | 0.76 | 2.50 | 0.30 | 0.42 | 269 | 554 | -0.28 | -0.07 | 104.29 | 97.50 | 9/18/2026 | No | 14 | 65 | None | |
| AVGO | Broadcom Inc | Options Chain | 14.05 | 15.10 | 3.00 | 10.00 | 0.30 | 0.56 | 677 | 441 | -0.26 | -0.33 | 417.55 | 380.00 | 9/18/2026 | Yes | 10 | 62 | None | |
| RIO | Rio Tinto plc | Options Chain | 2.20 | 2.40 | 0.75 | 2.50 | 0.30 | 0.32 | 477 | 4 | -0.26 | -0.02 | 99.20 | 95.00 | 9/18/2026 | No | 8 | 62 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.60 | 0.75 | 0.30 | 1.00 | 0.30 | 0.34 | 7 | 0 | -0.28 | -0.01 | 32.01 | 30.00 | 9/18/2026 | No | 8 | 59 | None | |
| EXC | Exelon Corp | Options Chain | 0.60 | 0.75 | 0.30 | 1.00 | 0.30 | 0.22 | 0 | 4 | -0.30 | -0.01 | 46.00 | 44.00 | 9/18/2026 | No | 8 | 57 | None | |
| CRM | Salesforce Inc | Options Chain | 5.70 | 6.00 | 1.40 | 5.00 | 0.28 | 0.51 | 70 | 57 | -0.26 | -0.14 | 190.27 | 175.00 | 9/18/2026 | Yes | 11 | 63 | None | |
| NTAP | Netapp Inc | Options Chain | 7.60 | 8.60 | 1.40 | 5.00 | 0.28 | 0.62 | 2 | 25 | -0.29 | -0.17 | 186.60 | 170.00 | 9/18/2026 | Yes | 13 | 64 | None | |
| PRU | Prudential Financial Inc | Options Chain | 1.80 | 3.10 | 1.40 | 5.00 | 0.28 | 0.25 | 36 | 40 | -0.30 | -0.03 | 120.16 | 115.00 | 9/18/2026 | Yes | 13 | 58 | None | |
| MET | Metlife Inc | Options Chain | 1.10 | 2.05 | 0.70 | 2.50 | 0.28 | 0.26 | 1 | 6 | -0.28 | -0.04 | 96.26 | 92.50 | 9/18/2026 | Yes | 15 | 61 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.34 | 1.58 | 0.70 | 2.50 | 0.28 | 0.24 | 375 | 127 | -0.30 | -0.02 | 85.91 | 82.50 | 9/18/2026 | No | 7 | 65 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.80 | 6.40 | 1.37 | 5.00 | 0.27 | 0.55 | 117 | 326 | -0.29 | -0.11 | 162.00 | 145.00 | 9/18/2026 | No | 11 | 64 | None | |
| PCG | PG&E Corp | Options Chain | 0.58 | 0.68 | 0.27 | 1.00 | 0.27 | 0.51 | 574 | 502 | -0.30 | -0.01 | 17.20 | 16.00 | 9/18/2026 | No | 13 | 59 | None | |
| AU | AngloGold Ashanti Plc. | Options Chain | 1.95 | 3.10 | 1.33 | 5.00 | 0.27 | 0.49 | 20 | 31 | -0.26 | -0.05 | 81.50 | 80.00 | 9/18/2026 | Yes | 16 | 65 |
Dividend Stock List |
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| CLX | Clorox Company | Options Chain | 2.40 | 2.65 | 1.33 | 5.00 | 0.27 | 0.32 | 221 | 59 | -0.30 | -0.04 | 104.25 | 100.00 | 9/18/2026 | No | 10 | 54 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.87 | 3.15 | 1.32 | 5.00 | 0.26 | 0.47 | 124 | 153 | -0.24 | -0.08 | 124.25 | 110.00 | 9/18/2026 | Yes | 9 | 60 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.14 | 2.37 | 0.65 | 2.50 | 0.26 | 0.38 | 120 | 74 | -0.27 | -0.06 | 92.80 | 87.50 | 9/18/2026 | No | 13 | 67 | None | |
| MSFT | Microsoft Corporation | Options Chain | 7.75 | 9.25 | 1.27 | 5.00 | 0.25 | 0.30 | 4 | 37 | -0.28 | -0.25 | 487.46 | 465.00 | 9/11/2026 | No | 14 | 72 | None | |
| GILD | Gilead Sciences Inc | Options Chain | 2.54 | 3.10 | 1.24 | 5.00 | 0.25 | 0.32 | 57 | 105 | -0.29 | -0.06 | 131.76 | 125.00 | 9/18/2026 | Yes | 9 | 64 | None | |
| APA | APA Corporation | Options Chain | 1.04 | 1.17 | 0.62 | 2.50 | 0.25 | 0.46 | 32 | 2 | -0.29 | -0.03 | 36.45 | 32.50 | 9/18/2026 | Yes | 15 | 62 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.30 | 4.75 | 1.20 | 5.00 | 0.24 | 0.22 | 42 | 113 | -0.26 | -0.13 | 357.81 | 345.00 | 9/18/2026 | No | 12 | 80 | None | |
| ITT | ITT Inc | Options Chain | 4.40 | 8.40 | 1.20 | 5.00 | 0.24 | 0.46 | 4056 | 4015 | -0.29 | -0.14 | 204.08 | 190.00 | 9/18/2026 | Yes | 10 | 62 | None | |
| GPN | Global Payments Inc | Options Chain | 1.70 | 2.45 | 0.60 | 2.50 | 0.24 | 0.44 | 125 | 1 | -0.25 | -0.05 | 87.48 | 80.00 | 9/18/2026 | Yes | 10 | 51 | None | |
| HPQ | HP Inc | Options Chain | 0.85 | 1.18 | 0.24 | 1.00 | 0.24 | 0.53 | 55 | 396 | -0.29 | -0.02 | 28.60 | 26.00 | 9/18/2026 | Yes | 12 | 45 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.10 | 7.50 | 2.35 | 10.00 | 0.24 | 0.30 | 210 | 85 | -0.27 | -0.17 | 412.75 | 390.00 | 9/18/2026 | No | 12 | 63 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.31 | 1.46 | 0.58 | 2.50 | 0.23 | 0.25 | 79 | 60 | -0.28 | -0.03 | 88.52 | 85.00 | 9/18/2026 | No | 15 | 74 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 10.25 | 11.00 | 2.28 | 10.00 | 0.23 | 0.44 | 301 | 521 | -0.26 | -0.25 | 414.00 | 380.00 | 9/18/2026 | No | 23 | 65 |
Dividend Stock List |
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| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.10 | 1.50 | 0.57 | 2.50 | 0.23 | 0.47 | 183 | 59 | -0.22 | -0.03 | 59.03 | 52.50 | 9/18/2026 | No | 7 | 53 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.25 | 1.45 | 0.57 | 2.50 | 0.23 | 0.32 | 19 | 38 | -0.25 | -0.03 | 79.40 | 72.50 | 9/18/2026 | No | 14 | 49 | None | |
| MO | Altria Group Inc | Options Chain | 1.11 | 1.18 | 0.57 | 2.50 | 0.23 | 0.26 | 184 | 322 | -0.29 | -0.02 | 68.44 | 65.00 | 9/18/2026 | No | 8 | 57 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.20 | 3.50 | 1.12 | 5.00 | 0.22 | 0.23 | 152 | 430 | -0.25 | -0.08 | 274.00 | 260.00 | 9/18/2026 | Yes | 9 | 62 | None | |
| TGT | Target Corp | Options Chain | 2.87 | 3.05 | 1.11 | 5.00 | 0.22 | 0.38 | 185 | 38 | -0.24 | -0.06 | 148.46 | 135.00 | 9/18/2026 | Yes | 9 | 64 | None | |
| CDW | CDW Corp | Options Chain | 2.50 | 5.00 | 1.10 | 5.00 | 0.22 | 0.43 | 10 | 23 | -0.28 | -0.09 | 154.00 | 130.00 | 9/18/2026 | Yes | 13 | 59 | None | |
| DOW | Dow Inc | Options Chain | 0.82 | 0.92 | 0.55 | 2.50 | 0.22 | 0.45 | 406 | 92 | -0.27 | -0.01 | 30.46 | 27.50 | 9/18/2026 | No | 8 | 56 | None | |
| EQNR | Equinor ASA | Options Chain | 0.65 | 0.85 | 0.22 | 1.00 | 0.22 | 0.37 | 1 | 0 | -0.24 | -0.02 | 39.50 | 35.00 | 9/18/2026 | No | 10 | 50 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.63 | 0.70 | 0.22 | 1.00 | 0.22 | 0.26 | 377 | 216 | -0.26 | -0.02 | 45.48 | 44.00 | 9/18/2026 | No | 8 | 64 | None | |
| C | Citigroup Inc | Options Chain | 2.25 | 2.50 | 1.06 | 5.00 | 0.21 | 0.30 | 363 | 156 | -0.26 | -0.06 | 137.19 | 130.00 | 9/18/2026 | No | 17 | 78 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.41 | 0.47 | 0.21 | 1.00 | 0.21 | 0.22 | 267 | 116 | -0.29 | -0.01 | 31.00 | 30.00 | 9/18/2026 | No | 11 | 66 | None | |
| SHW | Sherwin-Williams Company | Options Chain | 5.10 | 6.20 | 2.05 | 10.00 | 0.20 | 0.28 | 39 | 74 | -0.27 | -0.17 | 364.78 | 350.00 | 9/18/2026 | No | 9 | 64 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.55 | 0.80 | 0.20 | 1.00 | 0.20 | 0.30 | 26 | 32 | -0.24 | -0.02 | 44.99 | 42.00 | 9/18/2026 | No | 11 | 63 | None | |
| T | AT&T Inc | Options Chain | 0.39 | 0.43 | 0.20 | 1.00 | 0.20 | 0.28 | 331 | 917 | -0.28 | -0.01 | 23.06 | 22.00 | 9/18/2026 | No | 14 | 70 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.30 | 1.55 | 0.98 | 5.00 | 0.20 | 0.49 | 179 | 513 | -0.20 | -0.04 | 76.10 | 65.00 | 9/18/2026 | Yes | 11 | 56 | None | |
| WMT | Walmart Inc | Options Chain | 1.75 | 1.87 | 0.98 | 5.00 | 0.20 | 0.31 | 428 | 147 | -0.24 | -0.05 | 111.99 | 105.00 | 9/18/2026 | Yes | 10 | 59 | None | |
| AA | Alcoa Corp | Options Chain | 1.08 | 1.20 | 0.38 | 2.00 | 0.19 | 0.53 | 46 | 22 | -0.21 | -0.03 | 46.79 | 42.00 | 9/18/2026 | No | 18 | 52 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 0.90 | 0.95 | 0.47 | 2.50 | 0.19 | 0.28 | 75 | 135 | -0.25 | -0.03 | 65.61 | 60.00 | 9/18/2026 | No | 16 | 70 | None | |
| AZN | Astrazeneca plc | Options Chain | 2.20 | 2.40 | 0.92 | 5.00 | 0.18 | 0.30 | 11 | 51 | -0.23 | -0.06 | 155.62 | 150.00 | 9/18/2026 | No | 14 | 69 | None | |
| CGNX | Cognex Corp | Options Chain | 2.25 | 4.40 | 0.90 | 5.00 | 0.18 | 0.68 | 0 | 12 | -0.28 | -0.08 | 71.52 | 65.00 | 9/18/2026 | Yes | 15 | 58 | None | |
| F | Ford Motor Company | Options Chain | 0.23 | 0.26 | 0.18 | 1.00 | 0.18 | 0.34 | 1223 | 33 | -0.23 | 0.00 | 14.24 | 13.00 | 9/18/2026 | No | 9 | 47 | None | |
| KEY | Keycorp | Options Chain | 0.35 | 0.50 | 0.18 | 1.00 | 0.18 | 0.28 | 1 | 34 | -0.30 | -0.01 | 23.13 | 22.00 | 9/18/2026 | No | 10 | 59 | None | |
| STM | ST Microelectronics | Options Chain | 1.50 | 1.70 | 0.87 | 5.00 | 0.17 | 0.68 | 4 | 0 | -0.21 | -0.05 | 53.70 | 45.00 | 9/18/2026 | No | 13 | 54 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.80 | 1.94 | 0.86 | 5.00 | 0.17 | 0.29 | 153 | 97 | -0.20 | -0.04 | 153.90 | 140.00 | 9/18/2026 | No | 11 | 72 | None | |
| BCS | Barclays plc | Options Chain | 0.40 | 0.50 | 0.17 | 1.00 | 0.17 | 0.34 | 1 | 1 | -0.24 | -0.01 | 28.02 | 26.00 | 9/18/2026 | No | 15 | 53 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.49 | 1.80 | 0.85 | 5.00 | 0.17 | 0.22 | 432 | 460 | -0.23 | -0.05 | 148.00 | 140.00 | 9/18/2026 | No | 12 | 72 | None | |
| KO | Coca-Cola Company | Options Chain | 0.77 | 0.87 | 0.42 | 2.50 | 0.17 | 0.21 | 178 | 569 | -0.23 | -0.03 | 86.83 | 82.50 | 9/18/2026 | No | 12 | 67 | None | |
| EBAY | EBay Inc | Options Chain | 2.07 | 2.81 | 0.41 | 2.50 | 0.16 | 0.43 | 81 | 28 | -0.23 | -0.05 | 109.71 | 100.00 | 9/18/2026 | Yes | 10 | 64 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.69 | 0.73 | 0.39 | 2.50 | 0.16 | 0.23 | 712 | 948 | -0.25 | -0.02 | 62.90 | 60.00 | 9/18/2026 | No | 12 | 74 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.28 | 1.38 | 0.76 | 5.00 | 0.15 | 0.53 | 599 | 2548 | -0.18 | -0.05 | 67.37 | 60.00 | 9/18/2026 | No | 9 | 63 | None |