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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ORCL | Oracle Corp | Options Chain | 4.65 | 6.90 | 2.20 | 5.00 | 0.44 | 0.70 | 43 | 42 | -0.29 | -0.12 | 122.50 | 105.00 | 9/4/2026 | No | 7 | 63 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.78 | 1.47 | 0.44 | 1.00 | 0.44 | 0.37 | 11 | 71 | -0.29 | -0.02 | 40.99 | 39.00 | 9/4/2026 | No | 15 | 59 | None | |
| DOW | Dow Inc | Options Chain | 0.10 | 1.64 | 0.44 | 1.00 | 0.44 | 0.48 | 0 | 8 | -0.29 | -0.02 | 31.25 | 27.00 | 9/4/2026 | No | 6 | 51 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.35 | 7.65 | 2.02 | 5.00 | 0.40 | 0.44 | 8 | 2 | -0.30 | -0.12 | 206.65 | 200.00 | 9/4/2026 | No | 13 | 74 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 29.30 | 32.65 | 1.90 | 5.00 | 0.38 | 0.93 | 4 | 16 | -0.30 | -0.59 | 440.00 | 390.00 | 9/4/2026 | Yes | 14 | 57 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.20 | 15.90 | 1.60 | 5.00 | 0.32 | 0.51 | 20 | 82 | -0.29 | -0.31 | 415.58 | 375.00 | 9/4/2026 | No | 23 | 65 |
Dividend Stock List |
|
| KO | Coca-Cola Company | Options Chain | 0.99 | 1.53 | 0.32 | 1.00 | 0.32 | 0.25 | 3 | 0 | -0.27 | -0.04 | 81.17 | 79.00 | 9/4/2026 | Yes | 9 | 63 | None | |
| F | Ford Motor Company | Options Chain | 0.22 | 0.40 | 0.16 | 0.50 | 0.32 | 0.43 | 25 | 0 | -0.23 | -0.01 | 14.12 | 13.00 | 9/4/2026 | Yes | 9 | 47 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.13 | 2.76 | 0.31 | 1.00 | 0.31 | 0.54 | 4 | 40 | -0.30 | -0.05 | 63.55 | 58.00 | 9/4/2026 | No | 10 | 58 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.75 | 8.70 | 1.53 | 5.00 | 0.31 | 0.30 | 2 | 0 | -0.27 | -0.21 | 423.63 | 400.00 | 9/4/2026 | No | 12 | 63 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.96 | 1.34 | 0.29 | 1.00 | 0.29 | 0.41 | 10 | 0 | -0.27 | -0.03 | 45.47 | 42.00 | 9/4/2026 | Yes | 7 | 51 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.70 | 11.80 | 1.42 | 5.00 | 0.28 | 0.41 | 19 | 35 | -0.30 | -0.24 | 381.58 | 360.00 | 9/4/2026 | Yes | 15 | 72 | None | |
| PAAS | Pan American Silver Corp | Options Chain | 1.05 | 2.10 | 0.28 | 1.00 | 0.28 | 0.55 | 21 | 0 | -0.28 | -0.03 | 44.19 | 40.00 | 9/4/2026 | Yes | 19 | 64 | None | |
| CRM | Salesforce Inc | Options Chain | 3.95 | 6.20 | 1.35 | 5.00 | 0.27 | 0.51 | 15 | 7 | -0.27 | -0.13 | 156.95 | 150.00 | 9/4/2026 | Yes | 14 | 71 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.89 | 4.50 | 1.30 | 5.00 | 0.26 | 0.26 | 10 | 2 | -0.26 | -0.09 | 259.27 | 250.00 | 9/4/2026 | No | 11 | 72 | None | |
| T | AT&T Inc | Options Chain | 0.32 | 0.47 | 0.13 | 0.50 | 0.26 | 0.27 | 11 | 4 | -0.28 | -0.01 | 22.96 | 23.00 | 9/4/2026 | No | 14 | 69 | None | |
| AVGO | Broadcom Inc | Options Chain | 13.15 | 15.90 | 1.18 | 5.00 | 0.24 | 0.57 | 51 | 107 | -0.28 | -0.32 | 391.50 | 350.00 | 9/4/2026 | Yes | 10 | 62 | None | |
| QCOM | Qualcomm Inc | Options Chain | 5.55 | 8.90 | 1.10 | 5.00 | 0.22 | 0.66 | 6 | 2 | -0.28 | -0.16 | 171.11 | 150.00 | 9/4/2026 | Yes | 11 | 64 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.23 | 0.58 | 0.22 | 1.00 | 0.22 | 0.35 | 0 | 469 | -0.26 | -0.01 | 22.05 | 21.00 | 9/4/2026 | No | 16 | 70 | None | |
| SLB | SLB | Options Chain | 0.82 | 1.37 | 0.22 | 1.00 | 0.22 | 0.36 | 0 | 1 | -0.27 | -0.02 | 47.32 | 49.00 | 9/4/2026 | Yes | 7 | 49 | None | |
| AXP | American Express Company | Options Chain | 4.20 | 5.95 | 1.08 | 5.00 | 0.22 | 0.28 | 7 | 0 | -0.26 | -0.15 | 342.91 | 310.00 | 9/4/2026 | Yes | 11 | 63 | None | |
| GLW | Corning Inc | Options Chain | 7.30 | 9.50 | 1.05 | 5.00 | 0.21 | 0.83 | 5 | 4 | -0.29 | -0.18 | 156.19 | 130.00 | 9/4/2026 | Yes | 10 | 54 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.85 | 6.25 | 0.97 | 5.00 | 0.19 | 0.24 | 1 | 4 | -0.29 | -0.14 | 349.90 | 340.00 | 9/4/2026 | No | 13 | 80 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.32 | 0.47 | 0.19 | 1.00 | 0.19 | 0.24 | 7 | 4 | -0.24 | -0.01 | 32.77 | 31.00 | 9/4/2026 | No | 10 | 59 | None |