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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| APH | Amphenol Corp - Class A | Options Chain | 5.40 | 6.40 | 2.10 | 5.00 | 0.42 | 0.43 | 12 | 2 | -0.26 | -0.10 | 163.30 | 150.00 | 10/16/2026 | No | 9 | 59 | None | |
| STM | ST Microelectronics | Options Chain | 1.80 | 1.90 | 0.35 | 1.00 | 0.35 | 0.51 | 63 | 7 | -0.30 | -0.04 | 49.40 | 47.00 | 10/16/2026 | No | 12 | 52 | None | |
| HPQ | HP Inc | Options Chain | 0.89 | 0.94 | 0.29 | 1.00 | 0.29 | 0.47 | 4 | 24 | -0.27 | -0.02 | 31.27 | 29.00 | 10/16/2026 | No | 12 | 55 | None | |
| ORCL | Oracle Corp | Options Chain | 5.45 | 5.75 | 1.40 | 5.00 | 0.28 | 0.63 | 184 | 43 | -0.26 | -0.12 | 141.32 | 130.00 | 10/16/2026 | Yes | 11 | 66 | None | |
| EIX | Edison International | Options Chain | 1.60 | 1.65 | 0.68 | 2.50 | 0.27 | 0.45 | 205 | 50 | -0.27 | -0.03 | 58.80 | 50.00 | 10/16/2026 | No | 15 | 71 | None | |
| BHP | BHP Group Ltd | Options Chain | 2.15 | 2.30 | 0.68 | 2.50 | 0.27 | 0.34 | 0 | 1 | -0.30 | -0.03 | 92.82 | 87.50 | 10/16/2026 | No | 8 | 58 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.92 | 2.17 | 1.32 | 5.00 | 0.26 | 0.68 | 55 | 30 | -0.26 | -0.05 | 50.87 | 45.00 | 10/16/2026 | Yes | 10 | 54 | None | |
| EQT | EQT Corp | Options Chain | 1.07 | 1.15 | 0.63 | 2.50 | 0.25 | 0.31 | 178 | 1 | -0.28 | -0.03 | 56.00 | 52.50 | 10/16/2026 | No | 11 | 60 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.30 | 1.33 | 0.63 | 2.50 | 0.25 | 0.32 | 233 | 35 | -0.30 | -0.03 | 60.95 | 57.50 | 10/16/2026 | No | 10 | 62 | None | |
| CRM | Salesforce Inc | Options Chain | 6.20 | 6.50 | 2.50 | 10.00 | 0.25 | 0.39 | 33 | 47 | -0.23 | -0.13 | 257.25 | 240.00 | 10/16/2026 | No | 11 | 64 | None | |
| KGC | Kinross Gold Corp | Options Chain | 0.88 | 1.14 | 0.24 | 1.00 | 0.24 | 0.53 | 3 | 0 | -0.29 | -0.02 | 29.43 | 28.00 | 10/16/2026 | No | 14 | 53 | None | |
| T | AT&T Inc | Options Chain | 0.39 | 0.44 | 0.22 | 1.00 | 0.22 | 0.25 | 2725 | 15 | -0.26 | -0.01 | 26.00 | 25.00 | 10/16/2026 | No | 10 | 58 | None | |
| APA | APA Corporation | Options Chain | 0.88 | 1.07 | 0.53 | 2.50 | 0.21 | 0.43 | 3 | 0 | -0.20 | -0.02 | 44.30 | 40.00 | 10/16/2026 | No | 14 | 70 | None | |
| IP | International Paper Company | Options Chain | 0.80 | 1.05 | 0.53 | 2.50 | 0.21 | 0.35 | 4 | 0 | -0.30 | -0.02 | 36.46 | 35.00 | 10/16/2026 | No | 6 | 60 | None | |
| NRG | NRG Energy Inc | Options Chain | 2.25 | 2.60 | 1.05 | 5.00 | 0.21 | 0.43 | 2 | 0 | -0.23 | -0.06 | 109.51 | 100.00 | 10/16/2026 | No | 9 | 65 | None | |
| KO | Coca-Cola Company | Options Chain | 1.04 | 1.07 | 0.51 | 2.50 | 0.20 | 0.19 | 56 | 7 | -0.30 | -0.02 | 88.93 | 85.00 | 10/16/2026 | No | 9 | 61 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.80 | 0.86 | 0.50 | 2.50 | 0.20 | 0.43 | 589 | 12 | -0.23 | -0.02 | 38.12 | 35.00 | 10/16/2026 | Yes | 14 | 59 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.30 | 1.50 | 0.97 | 5.00 | 0.19 | 0.34 | 2 | 5 | -0.27 | -0.03 | 63.66 | 60.00 | 10/16/2026 | No | 14 | 64 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.85 | 0.89 | 0.43 | 2.50 | 0.17 | 0.34 | 3 | 1 | -0.25 | -0.02 | 48.92 | 45.00 | 10/16/2026 | No | 10 | 55 | None | |
| F | Ford Motor Company | Options Chain | 0.23 | 0.26 | 0.17 | 1.00 | 0.17 | 0.33 | 860 | 10 | -0.24 | -0.01 | 13.84 | 13.00 | 10/16/2026 | No | 9 | 48 | None | |
| NVO | Novo Nordisk | Options Chain | 0.68 | 0.70 | 0.39 | 2.50 | 0.16 | 0.36 | 60 | 18 | -0.20 | -0.02 | 45.37 | 42.50 | 10/16/2026 | No | 14 | 58 | None | |
| MKC | McCormick & Co. Inc (Non Voting) | Options Chain | 0.85 | 1.10 | 0.75 | 5.00 | 0.15 | 0.34 | 959 | 0 | -0.25 | -0.02 | 54.26 | 50.00 | 10/16/2026 | Yes | 9 | 65 | None | |
| RF | Regions Financial Corp | Options Chain | 0.25 | 0.55 | 0.15 | 1.00 | 0.15 | 0.29 | 4 | 7 | -0.22 | -0.01 | 29.29 | 28.00 | 10/16/2026 | Yes | 17 | 69 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.45 | 0.60 | 0.15 | 1.00 | 0.15 | 0.28 | 8 | 8 | -0.29 | -0.02 | 41.85 | 40.00 | 10/16/2026 | Yes | 15 | 77 | None |