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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TSCO | Tractor Supply Company | Options Chain | 0.60 | 1.85 | 0.53 | 1.00 | 0.53 | 0.57 | 0 | 1 | -0.26 | -0.02 | 32.69 | 30.00 | 11/27/2026 | Yes | 8 | 58 | None | |
| WMT | Walmart Inc | Options Chain | 1.89 | 2.70 | 0.47 | 1.00 | 0.47 | 0.30 | 5 | 22 | -0.30 | -0.06 | 117.11 | 113.00 | 11/27/2026 | Yes | 9 | 57 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.98 | 1.40 | 0.33 | 1.00 | 0.33 | 0.35 | 2 | 22 | -0.26 | -0.04 | 62.70 | 59.00 | 11/27/2026 | Yes | 13 | 70 | None | |
| ORCL | Oracle Corp | Options Chain | 4.80 | 4.90 | 0.32 | 1.00 | 0.32 | 0.56 | 80 | 5 | -0.30 | -0.12 | 127.87 | 120.00 | 11/27/2026 | No | 7 | 65 | None | |
| TXN | Texas Instruments Inc | Options Chain | 8.85 | 11.30 | 1.48 | 5.00 | 0.30 | 0.51 | 3 | 2 | -0.30 | -0.21 | 281.17 | 270.00 | 11/27/2026 | Yes | 10 | 64 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.41 | 3.95 | 1.46 | 5.00 | 0.29 | 0.29 | 5 | 1 | -0.29 | -0.07 | 178.09 | 170.00 | 11/27/2026 | Yes | 11 | 64 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.40 | 7.30 | 1.35 | 5.00 | 0.27 | 0.28 | 26 | 13 | -0.28 | -0.20 | 416.96 | 400.00 | 11/27/2026 | No | 13 | 64 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.30 | 11.10 | 1.35 | 5.00 | 0.27 | 0.30 | 9 | 42 | -0.30 | -0.26 | 530.30 | 510.00 | 11/27/2026 | Yes | 11 | 66 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.31 | 1.69 | 0.27 | 1.00 | 0.27 | 0.26 | 0 | 1 | -0.29 | -0.04 | 91.64 | 88.00 | 11/27/2026 | No | 17 | 71 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.51 | 0.93 | 0.27 | 1.00 | 0.27 | 0.26 | 4 | 12 | -0.30 | -0.02 | 43.56 | 42.00 | 11/27/2026 | Yes | 9 | 73 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.16 | 1.52 | 0.27 | 1.00 | 0.27 | 0.26 | 0 | 2 | -0.30 | -0.03 | 82.17 | 79.00 | 11/27/2026 | No | 15 | 74 | None | |
| T | AT&T Inc | Options Chain | 0.14 | 0.40 | 0.13 | 0.50 | 0.26 | 0.24 | 76 | 50 | -0.26 | -0.01 | 21.91 | 21.00 | 11/27/2026 | Yes | 10 | 60 | None | |
| RTX | RTX Corp | Options Chain | 1.97 | 2.82 | 1.25 | 5.00 | 0.25 | 0.27 | 8 | 9 | -0.23 | -0.06 | 191.60 | 180.00 | 11/27/2026 | Yes | 12 | 66 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 7.40 | 8.05 | 1.25 | 5.00 | 0.25 | 0.32 | 52 | 47 | -0.27 | -0.24 | 431.57 | 410.00 | 11/27/2026 | No | 20 | 61 |
Dividend Stock List |
|
| PG | Procter & Gamble Company | Options Chain | 1.33 | 1.95 | 0.24 | 1.00 | 0.24 | 0.21 | 21 | 2 | -0.25 | -0.04 | 156.84 | 150.00 | 11/27/2026 | Yes | 10 | 74 | None | |
| MMM | 3M Company | Options Chain | 1.89 | 2.70 | 1.19 | 5.00 | 0.24 | 0.25 | 1 | 0 | -0.26 | -0.05 | 174.37 | 165.00 | 11/27/2026 | Yes | 8 | 65 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.58 | 0.78 | 0.22 | 1.00 | 0.22 | 0.37 | 8 | 18 | -0.25 | -0.02 | 37.53 | 35.00 | 11/27/2026 | No | 12 | 58 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.72 | 3.05 | 1.09 | 5.00 | 0.22 | 0.24 | 4 | 8 | -0.24 | -0.10 | 246.26 | 235.00 | 11/27/2026 | Yes | 9 | 59 | None | |
| QCOM | Qualcomm Inc | Options Chain | 4.70 | 6.45 | 1.08 | 5.00 | 0.22 | 0.51 | 1 | 3 | -0.29 | -0.15 | 177.96 | 165.00 | 11/27/2026 | Yes | 12 | 71 | None | |
| NEE | NextEra Energy Inc | Options Chain | 0.74 | 1.25 | 0.20 | 1.00 | 0.20 | 0.24 | 2 | 12 | -0.27 | -0.03 | 78.28 | 75.00 | 11/27/2026 | Yes | 7 | 63 | None | |
| MS | Morgan Stanley | Options Chain | 2.39 | 2.98 | 0.98 | 5.00 | 0.20 | 0.29 | 3 | 5 | -0.24 | -0.06 | 185.60 | 175.00 | 11/27/2026 | No | 14 | 76 | None |