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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HPQ | HP Inc | Options Chain | 0.90 | 1.13 | 0.24 | 0.50 | 0.48 | 0.50 | 0 | 11 | -0.30 | -0.02 | 32.70 | 31.00 | 10/30/2026 | No | 12 | 55 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.19 | 1.70 | 0.35 | 1.00 | 0.35 | 0.34 | 0 | 2 | -0.30 | -0.03 | 59.36 | 56.00 | 10/30/2026 | No | 10 | 55 | None | |
| WMT | Walmart Inc | Options Chain | 1.77 | 1.94 | 0.35 | 1.00 | 0.35 | 0.23 | 4 | 10 | -0.30 | -0.05 | 107.65 | 103.00 | 10/30/2026 | No | 9 | 59 | None | |
| EQT | EQT Corp | Options Chain | 0.98 | 1.27 | 0.34 | 1.00 | 0.34 | 0.32 | 1 | 0 | -0.28 | -0.03 | 50.41 | 48.00 | 10/30/2026 | Yes | 15 | 69 | None | |
| CRM | Salesforce Inc | Options Chain | 6.65 | 7.60 | 1.63 | 5.00 | 0.33 | 0.41 | 10 | 7 | -0.29 | -0.16 | 250.54 | 230.00 | 10/30/2026 | No | 14 | 70 | None | |
| IBM | International Business Machines Corp | Options Chain | 6.00 | 6.65 | 1.58 | 5.00 | 0.32 | 0.44 | 0 | 2 | -0.26 | -0.16 | 238.48 | 220.00 | 10/30/2026 | Yes | 9 | 66 | None | |
| GLW | Corning Inc | Options Chain | 6.15 | 6.75 | 1.52 | 5.00 | 0.30 | 0.64 | 25 | 25 | -0.29 | -0.14 | 144.16 | 135.00 | 10/30/2026 | Yes | 8 | 52 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.42 | 2.74 | 0.30 | 1.00 | 0.30 | 0.61 | 1 | 69 | -0.29 | -0.06 | 56.68 | 56.00 | 10/30/2026 | No | 9 | 54 | None | |
| ORCL | Oracle Corp | Options Chain | 5.00 | 5.25 | 0.30 | 1.00 | 0.30 | 0.53 | 1 | 0 | -0.30 | -0.11 | 144.57 | 138.00 | 10/30/2026 | No | 12 | 67 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.95 | 9.90 | 1.48 | 5.00 | 0.30 | 0.34 | 2 | 44 | -0.30 | -0.24 | 417.72 | 405.00 | 10/30/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| DOW | Dow Inc | Options Chain | 0.65 | 0.88 | 0.29 | 1.00 | 0.29 | 0.47 | 19 | 55 | -0.24 | -0.02 | 30.08 | 27.00 | 10/30/2026 | Yes | 8 | 55 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.67 | 0.91 | 0.28 | 1.00 | 0.28 | 0.27 | 0 | 41 | -0.24 | -0.01 | 49.88 | 46.00 | 10/30/2026 | No | 10 | 73 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.77 | 0.88 | 0.28 | 1.00 | 0.28 | 0.44 | 11 | 3 | -0.24 | -0.03 | 35.78 | 33.00 | 10/30/2026 | Yes | 14 | 61 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.25 | 3.55 | 0.70 | 2.50 | 0.28 | 0.30 | 16 | 1 | -0.30 | -0.08 | 163.32 | 155.00 | 10/30/2026 | Yes | 11 | 66 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.92 | 2.39 | 0.27 | 1.00 | 0.27 | 0.31 | 1 | 0 | -0.28 | -0.05 | 107.74 | 105.00 | 10/30/2026 | No | 10 | 67 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.80 | 6.30 | 1.27 | 5.00 | 0.25 | 0.48 | 14 | 42 | -0.27 | -0.15 | 184.84 | 175.00 | 10/30/2026 | No | 12 | 70 | None | |
| C | Citigroup Inc | Options Chain | 2.33 | 2.69 | 0.24 | 1.00 | 0.24 | 0.34 | 24 | 35 | -0.29 | -0.07 | 132.95 | 125.00 | 10/30/2026 | Yes | 16 | 78 | None | |
| F | Ford Motor Company | Options Chain | 0.24 | 0.31 | 0.12 | 0.50 | 0.24 | 0.41 | 3 | 6 | -0.22 | -0.01 | 13.35 | 12.50 | 10/30/2026 | Yes | 8 | 49 | None | |
| CVX | Chevron Corp | Options Chain | 3.10 | 4.30 | 1.14 | 5.00 | 0.23 | 0.29 | 0 | 1 | -0.27 | -0.10 | 211.54 | 200.00 | 10/30/2026 | Yes | 12 | 77 | None | |
| KO | Coca-Cola Company | Options Chain | 1.11 | 1.30 | 0.22 | 1.00 | 0.22 | 0.22 | 4 | 5 | -0.27 | -0.04 | 87.87 | 85.00 | 10/30/2026 | Yes | 9 | 61 | None | |
| IP | International Paper Company | Options Chain | 0.75 | 1.05 | 0.22 | 1.00 | 0.22 | 0.46 | 0 | 1 | -0.27 | -0.03 | 33.76 | 32.00 | 10/30/2026 | Yes | 6 | 60 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.75 | 0.78 | 0.18 | 1.00 | 0.18 | 0.27 | 18 | 1 | -0.25 | -0.02 | 57.90 | 55.00 | 10/30/2026 | Yes | 13 | 74 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.32 | 0.40 | 0.17 | 1.00 | 0.17 | 0.35 | 12 | 16 | -0.19 | -0.01 | 23.77 | 21.00 | 10/30/2026 | Yes | 15 | 69 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.28 | 0.72 | 0.16 | 1.00 | 0.16 | 0.20 | 2 | 0 | -0.29 | -0.01 | 38.21 | 37.00 | 10/30/2026 | Yes | 12 | 67 | None | |
| T | AT&T Inc | Options Chain | 0.40 | 0.48 | 0.08 | 0.50 | 0.16 | 0.29 | 5 | 6 | -0.28 | -0.01 | 25.86 | 24.00 | 10/30/2026 | Yes | 10 | 58 | None |