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.
if (Model.CanViewPremiumContent)
{
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMAT | Applied Materials Inc | Options Chain | 3.20 | 3.60 | 1.00 | 2.50 | 0.40 | 0.35 | 42 | 7 | -0.27 | -0.08 | 165.57 | 155.00 | 6/27/2025 | No | 15 | 68 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.41 | 0.96 | 0.40 | 1.00 | 0.40 | 0.27 | 40 | 35 | -0.22 | -0.02 | 43.48 | 42.00 | 6/27/2025 | No | 14 | 72 | None | |
| GILD | Gilead Sciences Inc | Options Chain | 2.27 | 2.84 | 0.36 | 1.00 | 0.36 | 0.38 | 10 | 1 | -0.29 | -0.05 | 100.34 | 96.00 | 6/27/2025 | No | 13 | 72 | None | |
| MRK | Merck & Co Inc | Options Chain | 1.54 | 2.16 | 0.36 | 1.00 | 0.36 | 0.39 | 6 | 3 | -0.30 | -0.04 | 74.80 | 71.00 | 6/27/2025 | No | 15 | 71 | None | |
| C | Citigroup Inc | Options Chain | 1.40 | 1.63 | 0.36 | 1.00 | 0.36 | 0.27 | 2 | 5 | -0.30 | -0.03 | 75.72 | 73.00 | 6/27/2025 | No | 19 | 85 | None | |
| ORCL | Oracle Corp | Options Chain | 4.50 | 4.80 | 0.35 | 1.00 | 0.35 | 0.44 | 1 | 0 | -0.28 | -0.10 | 159.40 | 150.00 | 6/27/2025 | Yes | 10 | 63 | None | |
| DG | Dollar General Corp | Options Chain | 2.98 | 3.15 | 0.34 | 1.00 | 0.34 | 0.46 | 2 | 0 | -0.30 | -0.07 | 92.99 | 88.00 | 6/27/2025 | Yes | 11 | 63 | None | |
| NKE | Nike Inc - Class B | Options Chain | 1.72 | 2.02 | 0.34 | 1.00 | 0.34 | 0.43 | 5 | 3 | -0.30 | -0.03 | 62.40 | 59.00 | 6/27/2025 | Yes | 16 | 57 | None | |
| NVO | Novo Nordisk | Options Chain | 2.26 | 2.45 | 0.33 | 1.00 | 0.33 | 0.51 | 59 | 9 | -0.30 | -0.05 | 66.15 | 60.00 | 6/27/2025 | No | 16 | 73 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 13.55 | 15.60 | 1.60 | 5.00 | 0.32 | 0.69 | 223 | 193 | -0.30 | -0.28 | 274.35 | 265.00 | 6/27/2025 | No | 14 | 69 | None | |
| BBY | Best Buy Co. Inc | Options Chain | 2.28 | 2.47 | 0.31 | 1.00 | 0.31 | 0.48 | 10 | 0 | -0.29 | -0.04 | 73.80 | 68.00 | 6/27/2025 | Yes | 13 | 62 | None | |
| GE | General Electric Company | Options Chain | 3.65 | 4.05 | 1.50 | 5.00 | 0.30 | 0.29 | 9 | 4 | -0.26 | -0.10 | 229.38 | 220.00 | 6/27/2025 | No | 9 | 64 | None | |
| AEM | Agnico Eagle Mines Ltd | Options Chain | 2.40 | 2.65 | 0.30 | 1.00 | 0.30 | 0.34 | 0 | 2 | -0.30 | -0.05 | 106.45 | 101.00 | 6/27/2025 | No | 15 | 75 | None | |
| LLY | Lilly(Eli) & Company | Options Chain | 16.65 | 21.75 | 1.43 | 5.00 | 0.29 | 0.36 | 31 | 0 | -0.30 | -0.43 | 733.29 | 720.00 | 6/27/2025 | No | 11 | 65 | None | |
| DKS | Dicks Sporting Goods Inc | Options Chain | 5.40 | 6.20 | 1.35 | 5.00 | 0.27 | 0.49 | 1 | 3 | -0.28 | -0.12 | 179.05 | 170.00 | 6/27/2025 | Yes | 15 | 72 | None | |
| SLB | SLB | Options Chain | 0.78 | 0.86 | 0.26 | 1.00 | 0.26 | 0.35 | 1 | 9 | -0.30 | -0.02 | 35.72 | 34.00 | 6/27/2025 | No | 11 | 68 | None | |
| INTC | Intel Corp | Options Chain | 0.48 | 0.52 | 0.13 | 0.50 | 0.26 | 0.42 | 37 | 20 | -0.25 | -0.01 | 21.55 | 20.00 | 6/27/2025 | No | 5 | 46 | None | |
| KO | Coca-Cola Company | Options Chain | 0.61 | 0.75 | 0.25 | 1.00 | 0.25 | 0.19 | 15 | 25 | -0.25 | -0.02 | 71.61 | 69.00 | 6/27/2025 | No | 9 | 69 | None | |
| WMT | Walmart Inc | Options Chain | 1.40 | 1.49 | 0.25 | 1.00 | 0.25 | 0.22 | 129 | 8 | -0.29 | -0.04 | 96.35 | 95.00 | 6/27/2025 | No | 10 | 58 | None | |
| SU | Suncor Energy Inc | Options Chain | 0.60 | 0.85 | 0.25 | 1.00 | 0.25 | 0.28 | 0 | 2 | -0.30 | -0.01 | 35.99 | 34.00 | 6/27/2025 | No | 16 | 80 | None | |
| HAL | Halliburton Company | Options Chain | 0.51 | 0.64 | 0.25 | 1.00 | 0.25 | 0.40 | 3 | 1 | -0.30 | -0.01 | 21.04 | 20.00 | 6/27/2025 | No | 11 | 57 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.01 | 1.19 | 0.24 | 1.00 | 0.24 | 0.42 | 9 | 13 | -0.30 | -0.03 | 38.47 | 36.00 | 6/27/2025 | No | 11 | 55 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.52 | 0.90 | 0.23 | 1.00 | 0.23 | 0.37 | 7 | 0 | -0.28 | -0.02 | 33.40 | 31.00 | 6/27/2025 | No | 9 | 64 | None | |
| MSFT | Microsoft Corporation | Options Chain | 5.65 | 5.85 | 1.10 | 5.00 | 0.22 | 0.20 | 55 | 86 | -0.27 | -0.16 | 453.13 | 440.00 | 6/27/2025 | No | 13 | 69 | None | |
| CVS | CVS Health Corp | Options Chain | 1.12 | 1.21 | 0.22 | 1.00 | 0.22 | 0.32 | 9 | 5 | -0.26 | -0.03 | 60.47 | 59.00 | 6/27/2025 | No | 16 | 71 | None | |
| SBUX | Starbucks Corp | Options Chain | 1.39 | 1.70 | 0.22 | 1.00 | 0.22 | 0.31 | 9 | 50 | -0.28 | -0.05 | 87.26 | 81.00 | 6/27/2025 | No | 10 | 55 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 0.45 | 0.48 | 0.11 | 0.50 | 0.22 | 0.49 | 1 | 90 | -0.25 | -0.01 | 17.62 | 16.00 | 6/27/2025 | Yes | 20 | 68 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 3.45 | 3.60 | 1.04 | 5.00 | 0.21 | 0.35 | 16 | 22 | -0.23 | -0.08 | 194.22 | 180.00 | 6/27/2025 | No | 24 | 73 |
Dividend Stock List |
|
| MO | Altria Group Inc | Options Chain | 0.62 | 0.75 | 0.20 | 1.00 | 0.20 | 0.21 | 15 | 10 | -0.24 | -0.01 | 58.06 | 56.00 | 6/27/2025 | No | 12 | 68 | None | |
| SHEL | Shell Plc ADR (Representing - ) | Options Chain | 0.70 | 0.80 | 0.20 | 1.00 | 0.20 | 0.21 | 0 | 2 | -0.25 | -0.02 | 67.39 | 64.00 | 6/27/2025 | No | 14 | 71 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.70 | 0.82 | 0.20 | 1.00 | 0.20 | 0.34 | 4 | 1 | -0.25 | -0.02 | 43.37 | 40.00 | 6/27/2025 | No | 12 | 66 | None | |
| BP | BP plc | Options Chain | 0.44 | 0.56 | 0.20 | 1.00 | 0.20 | 0.31 | 3 | 0 | -0.26 | -0.02 | 29.76 | 28.00 | 6/27/2025 | No | 8 | 54 | None | |
| JNJ | Johnson & Johnson | Options Chain | 1.66 | 2.14 | 0.96 | 5.00 | 0.19 | 0.22 | 2 | 3 | -0.28 | -0.05 | 149.61 | 145.00 | 6/27/2025 | No | 16 | 66 | None | |
| CVX | Chevron Corp | Options Chain | 1.70 | 2.19 | 0.90 | 5.00 | 0.18 | 0.23 | 4 | 2 | -0.26 | -0.03 | 142.26 | 135.00 | 6/27/2025 | No | 11 | 77 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.51 | 0.60 | 0.18 | 1.00 | 0.18 | 0.26 | 95 | 11 | -0.23 | -0.01 | 44.69 | 42.00 | 6/27/2025 | No | 12 | 71 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 0.60 | 0.80 | 0.18 | 1.00 | 0.18 | 0.27 | 0 | 1 | -0.27 | -0.02 | 50.13 | 47.00 | 6/27/2025 | No | 11 | 54 | None | |
| PEP | PepsiCo Inc | Options Chain | 1.83 | 2.04 | 0.18 | 1.00 | 0.18 | 0.21 | 5 | 1 | -0.30 | -0.03 | 131.50 | 127.00 | 6/27/2025 | No | 12 | 62 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.41 | 0.59 | 0.17 | 1.00 | 0.17 | 0.25 | 0 | 5 | -0.26 | -0.02 | 35.34 | 34.00 | 6/27/2025 | No | 12 | 63 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.11 | 0.45 | 0.16 | 1.00 | 0.16 | 0.19 | 0 | 31 | -0.23 | -0.01 | 32.29 | 31.00 | 6/27/2025 | No | 12 | 67 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.59 | 0.73 | 0.16 | 1.00 | 0.16 | 0.24 | 1 | 801 | -0.28 | -0.02 | 44.58 | 43.00 | 6/27/2025 | No | 15 | 66 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.33 | 1.75 | 0.16 | 1.00 | 0.16 | 0.24 | 3 | 4 | -0.28 | -0.05 | 108.58 | 104.00 | 6/27/2025 | No | 12 | 76 | None | |
| KEY | Keycorp | Options Chain | 0.23 | 0.26 | 0.08 | 0.50 | 0.16 | 0.29 | 0 | 5 | -0.22 | 0.00 | 16.48 | 15.50 | 6/27/2025 | No | 6 | 54 | None | |
| QCOM | Qualcomm Inc | Options Chain | 1.91 | 2.57 | 0.75 | 5.00 | 0.15 | 0.34 | 3 | 12 | -0.21 | -0.06 | 152.61 | 140.00 | 6/27/2025 | No | 13 | 64 | None | |
| GM | General Motors Company | Options Chain | 0.72 | 0.86 | 0.15 | 1.00 | 0.15 | 0.31 | 0 | 1 | -0.25 | -0.02 | 50.12 | 47.00 | 6/27/2025 | No | 14 | 69 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 0.57 | 0.67 | 0.15 | 1.00 | 0.15 | 0.20 | 12 | 44 | -0.26 | -0.02 | 64.26 | 61.00 | 6/27/2025 | No | 9 | 69 | None |
Premium Content Limit Reached
Hey, I am so glad you are enjoying my site! But I'm sorry, you have reached the limit of premium content you can access. Please subscribe below for free unlimited access for 30 days!
Subscribe now with a 30-day free trial!
Join Tim's Stock Lists and gain exclusive access to:
- Unlimited access to comprehensive stock and options lists and reports updated frequently
- Stock List spreadsheets delivered to your email inbox 2-3 times per week
- Real-time text alerts on options opportunities
- No more ads!
- In-depth stock fundamentals and technicals data
- Do your own slicing and dicing with the ability to download all lists and reports as spreadsheets
- Proprietary stock rating and safety algorithm engines to make more informed investments
- Extensive dividend metrics and analysis that can cost up to 10X more on other sites