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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NEM | Newmont Corp | Options Chain | 1.69 | 2.01 | 0.96 | 1.00 | 0.96 | 0.37 | 1 | 0 | -0.28 | -0.04 | 78.69 | 73.00 | 10/31/2025 | Yes | 17 | 69 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 0.97 | 2.09 | 0.76 | 1.00 | 0.76 | 0.40 | 1 | 0 | -0.27 | -0.02 | 45.09 | 42.00 | 10/31/2025 | Yes | 12 | 62 | None | |
| LRCX | Lam Research Corp | Options Chain | 3.80 | 4.30 | 0.45 | 1.00 | 0.45 | 0.45 | 10 | 0 | -0.30 | -0.09 | 121.90 | 119.00 | 10/31/2025 | Yes | 14 | 64 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.98 | 1.15 | 0.32 | 1.00 | 0.32 | 0.31 | 7 | 4 | -0.29 | -0.03 | 47.19 | 45.00 | 10/31/2025 | No | 7 | 62 | None | |
| KGC | Kinross Gold Corp | Options Chain | 0.65 | 0.71 | 0.16 | 0.50 | 0.32 | 0.43 | 6 | 0 | -0.30 | -0.01 | 22.46 | 21.00 | 10/31/2025 | No | 16 | 59 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 9.15 | 9.40 | 1.58 | 5.00 | 0.32 | 0.40 | 15 | 14 | -0.27 | -0.22 | 339.78 | 320.00 | 10/31/2025 | Yes | 13 | 67 | None | |
| DHI | D.R. Horton Inc | Options Chain | 4.40 | 4.70 | 0.75 | 2.50 | 0.30 | 0.40 | 1 | 0 | -0.29 | -0.11 | 169.98 | 160.00 | 10/31/2025 | Yes | 13 | 70 | None | |
| AEM | Agnico Eagle Mines Ltd | Options Chain | 3.60 | 4.00 | 0.30 | 1.00 | 0.30 | 0.35 | 1 | 0 | -0.30 | -0.09 | 153.20 | 145.00 | 10/31/2025 | Yes | 15 | 71 | None | |
| AVGO | Broadcom Inc | Options Chain | 9.55 | 9.70 | 1.45 | 5.00 | 0.29 | 0.41 | 16 | 36 | -0.29 | -0.21 | 346.17 | 325.00 | 10/31/2025 | No | 9 | 67 | None | |
| TGT | Target Corp | Options Chain | 1.64 | 1.69 | 0.29 | 1.00 | 0.29 | 0.31 | 28 | 2 | -0.27 | -0.05 | 88.93 | 84.00 | 10/31/2025 | No | 13 | 66 | None | |
| AMAT | Applied Materials Inc | Options Chain | 5.05 | 5.25 | 1.42 | 5.00 | 0.28 | 0.39 | 16 | 38 | -0.30 | -0.12 | 178.13 | 180.00 | 10/31/2025 | No | 16 | 70 | None | |
| EBAY | EBay Inc | Options Chain | 1.34 | 2.54 | 0.28 | 1.00 | 0.28 | 0.33 | 0 | 6 | -0.29 | -0.05 | 89.96 | 85.00 | 10/31/2025 | Yes | 11 | 64 | None | |
| HAL | Halliburton Company | Options Chain | 0.59 | 0.63 | 0.14 | 0.50 | 0.28 | 0.41 | 20 | 0 | -0.29 | -0.01 | 22.25 | 21.00 | 10/31/2025 | Yes | 12 | 64 | None | |
| FDX | Fedex Corp | Options Chain | 5.35 | 5.70 | 1.35 | 5.00 | 0.27 | 0.41 | 8 | 2 | -0.27 | -0.14 | 225.78 | 210.00 | 10/31/2025 | Yes | 12 | 64 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.79 | 0.99 | 0.27 | 1.00 | 0.27 | 0.28 | 0 | 1 | -0.28 | -0.02 | 48.39 | 47.00 | 10/31/2025 | Yes | 15 | 66 | None | |
| MRK | Merck & Co Inc | Options Chain | 1.69 | 1.81 | 0.27 | 1.00 | 0.27 | 0.34 | 1 | 0 | -0.29 | -0.05 | 81.14 | 77.00 | 10/31/2025 | Yes | 14 | 73 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.85 | 9.10 | 1.30 | 5.00 | 0.26 | 0.27 | 14 | 14 | -0.28 | -0.23 | 510.02 | 490.00 | 10/31/2025 | Yes | 13 | 68 | None | |
| MO | Altria Group Inc | Options Chain | 0.98 | 1.06 | 0.26 | 1.00 | 0.26 | 0.23 | 6 | 2 | -0.27 | -0.03 | 65.51 | 62.00 | 10/31/2025 | Yes | 11 | 66 | None | |
| NVO | Novo Nordisk | Options Chain | 1.52 | 2.35 | 0.26 | 1.00 | 0.26 | 0.45 | 3 | 2 | -0.28 | -0.05 | 58.20 | 58.00 | 10/31/2025 | No | 15 | 72 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.77 | 1.85 | 0.26 | 1.00 | 0.26 | 0.30 | 0 | 1 | -0.29 | -0.05 | 92.09 | 89.00 | 10/31/2025 | Yes | 15 | 68 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 6.45 | 6.60 | 1.28 | 5.00 | 0.26 | 0.39 | 51 | 5 | -0.29 | -0.17 | 262.06 | 250.00 | 10/31/2025 | Yes | 23 | 76 |
Dividend Stock List |
|
| DOW | Dow Inc | Options Chain | 0.76 | 0.82 | 0.25 | 1.00 | 0.25 | 0.55 | 47 | 60 | -0.26 | -0.02 | 24.54 | 22.00 | 10/31/2025 | Yes | 11 | 48 | None | |
| C | Citigroup Inc | Options Chain | 1.92 | 1.99 | 0.25 | 1.00 | 0.25 | 0.31 | 1 | 1 | -0.28 | -0.05 | 101.76 | 97.00 | 10/31/2025 | Yes | 16 | 82 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.61 | 1.80 | 0.25 | 1.00 | 0.25 | 0.22 | 1 | 1 | -0.28 | -0.05 | 115.29 | 110.00 | 10/31/2025 | Yes | 11 | 75 | None | |
| GILD | Gilead Sciences Inc | Options Chain | 1.71 | 2.85 | 0.25 | 1.00 | 0.25 | 0.30 | 1 | 0 | -0.29 | -0.05 | 112.26 | 108.00 | 10/31/2025 | Yes | 11 | 72 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.95 | 0.99 | 0.25 | 1.00 | 0.25 | 0.27 | 15 | 1 | -0.30 | -0.02 | 51.40 | 50.00 | 10/31/2025 | Yes | 11 | 74 | None | |
| KR | Kroger Company | Options Chain | 0.91 | 1.03 | 0.25 | 1.00 | 0.25 | 0.22 | 0 | 1 | -0.30 | -0.03 | 66.96 | 64.00 | 10/31/2025 | No | 15 | 59 | None | |
| V | Visa Inc - Class A | Options Chain | 5.40 | 5.60 | 1.20 | 5.00 | 0.24 | 0.25 | 30 | 14 | -0.28 | -0.14 | 340.03 | 330.00 | 10/31/2025 | Yes | 9 | 69 | None | |
| KO | Coca-Cola Company | Options Chain | 0.85 | 0.90 | 0.24 | 1.00 | 0.24 | 0.19 | 13 | 16 | -0.30 | -0.02 | 67.04 | 65.00 | 10/31/2025 | Yes | 11 | 70 | None | |
| CVX | Chevron Corp | Options Chain | 2.12 | 2.26 | 0.59 | 2.50 | 0.24 | 0.23 | 1 | 4 | -0.26 | -0.06 | 160.09 | 152.50 | 10/31/2025 | Yes | 10 | 73 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.42 | 1.48 | 0.23 | 1.00 | 0.23 | 0.30 | 0 | 5 | -0.27 | -0.04 | 82.48 | 78.00 | 10/31/2025 | Yes | 13 | 74 | None | |
| SLB | SLB | Options Chain | 0.62 | 0.67 | 0.22 | 1.00 | 0.22 | 0.37 | 13 | 0 | -0.23 | -0.02 | 34.79 | 32.00 | 10/31/2025 | Yes | 12 | 69 | None | |
| WMT | Walmart Inc | Options Chain | 1.28 | 1.34 | 0.22 | 1.00 | 0.22 | 0.22 | 12 | 2 | -0.27 | -0.04 | 104.27 | 100.00 | 10/31/2025 | No | 9 | 59 | None | |
| ORCL | Oracle Corp | Options Chain | 7.95 | 8.95 | 1.05 | 5.00 | 0.21 | 0.50 | 10 | 44 | -0.27 | -0.22 | 301.41 | 275.00 | 10/31/2025 | No | 8 | 62 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.50 | 4.65 | 1.05 | 5.00 | 0.21 | 0.27 | 3 | 5 | -0.28 | -0.11 | 311.75 | 295.00 | 10/31/2025 | Yes | 11 | 78 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.17 | 0.48 | 0.21 | 1.00 | 0.21 | 0.24 | 8 | 5 | -0.22 | -0.01 | 32.07 | 30.00 | 10/31/2025 | Yes | 13 | 68 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 0.72 | 0.86 | 0.21 | 1.00 | 0.21 | 0.22 | 8 | 0 | -0.26 | -0.02 | 67.72 | 65.00 | 10/31/2025 | No | 11 | 66 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.63 | 0.76 | 0.21 | 1.00 | 0.21 | 0.22 | 20 | 8 | -0.30 | -0.01 | 43.74 | 42.00 | 10/31/2025 | Yes | 14 | 72 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.48 | 0.52 | 0.18 | 1.00 | 0.18 | 0.34 | 71 | 0 | -0.22 | -0.01 | 32.43 | 29.00 | 10/31/2025 | Yes | 15 | 65 | None | |
| JNJ | Johnson & Johnson | Options Chain | 1.77 | 2.15 | 0.84 | 5.00 | 0.17 | 0.19 | 6 | 3 | -0.28 | -0.06 | 177.20 | 170.00 | 10/31/2025 | Yes | 11 | 75 | None | |
| RTX | RTX Corp | Options Chain | 1.74 | 2.69 | 0.16 | 1.00 | 0.16 | 0.26 | 0 | 1 | -0.25 | -0.07 | 158.31 | 150.00 | 10/31/2025 | Yes | 13 | 68 | None | |
| PM | Philip Morris International Inc | Options Chain | 2.35 | 2.80 | 0.78 | 5.00 | 0.16 | 0.33 | 2 | 16 | -0.23 | -0.06 | 166.30 | 150.00 | 10/31/2025 | Yes | 10 | 71 | None | |
| QCOM | Qualcomm Inc | Options Chain | 1.92 | 3.05 | 0.76 | 5.00 | 0.15 | 0.34 | 9 | 6 | -0.23 | -0.08 | 165.26 | 155.00 | 10/31/2025 | No | 15 | 64 | None | |
| ACI | Albertsons Companies Inc - Class A | Options Chain | 0.20 | 0.35 | 0.15 | 1.00 | 0.15 | 0.32 | 5 | 0 | -0.21 | -0.01 | 18.39 | 17.00 | 10/31/2025 | Yes | 11 | 54 | None |