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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AMKR | AMKOR Technology Inc | Options Chain | 8.00 | 8.50 | 1.05 | 1.00 | 1.05 | 1.07 | 20 | 0 | -0.24 | -0.08 | 56.00 | 50.00 | 9/18/2026 | Yes | 14 | 52 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.87 | 3.30 | 0.39 | 1.00 | 0.39 | 0.84 | 333 | 40 | -0.28 | -0.05 | 48.01 | 39.00 | 9/18/2026 | Yes | 8 | 51 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 27.65 | 29.00 | 3.75 | 10.00 | 0.38 | 0.95 | 11 | 10 | -0.30 | -0.45 | 425.38 | 320.00 | 9/18/2026 | Yes | 14 | 57 | None | |
| BCS | Barclays plc | Options Chain | 1.10 | 1.20 | 0.37 | 1.00 | 0.37 | 0.38 | 0 | 1 | -0.24 | -0.01 | 28.56 | 26.00 | 9/18/2026 | Yes | 18 | 61 | None | |
| GLW | Corning Inc | Options Chain | 6.25 | 6.75 | 0.77 | 2.50 | 0.31 | 0.81 | 200 | 1 | -0.26 | -0.11 | 142.20 | 100.00 | 9/18/2026 | Yes | 11 | 54 | None | |
| CRM | Salesforce Inc | Options Chain | 6.40 | 6.70 | 1.42 | 5.00 | 0.28 | 0.51 | 12 | 74 | -0.28 | -0.12 | 173.60 | 165.00 | 9/18/2026 | Yes | 14 | 71 | None | |
| EQT | EQT Corp | Options Chain | 1.05 | 1.17 | 0.71 | 2.50 | 0.28 | 0.27 | 30 | 1 | -0.29 | -0.02 | 52.32 | 50.00 | 9/18/2026 | No | 15 | 69 | None | |
| MO | Altria Group Inc | Options Chain | 1.70 | 1.79 | 0.70 | 2.50 | 0.28 | 0.29 | 306 | 195 | -0.30 | -0.02 | 73.00 | 72.50 | 9/18/2026 | Yes | 11 | 67 | None | |
| JNJ | Johnson & Johnson | Options Chain | 5.50 | 5.85 | 2.61 | 10.00 | 0.26 | 0.27 | 18 | 60 | -0.29 | -0.09 | 265.95 | 260.00 | 9/18/2026 | No | 8 | 66 | None | |
| KGC | Kinross Gold Corp | Options Chain | 0.66 | 0.83 | 0.25 | 1.00 | 0.25 | 0.49 | 0 | 1 | -0.25 | -0.02 | 23.88 | 21.00 | 9/18/2026 | Yes | 14 | 53 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.10 | 5.30 | 1.22 | 5.00 | 0.24 | 0.43 | 34 | 34 | -0.28 | -0.11 | 216.64 | 200.00 | 9/18/2026 | No | 12 | 74 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.10 | 1.21 | 0.56 | 2.50 | 0.22 | 0.40 | 0 | 1 | -0.27 | -0.02 | 43.16 | 40.00 | 9/18/2026 | Yes | 10 | 60 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.55 | 0.75 | 0.22 | 1.00 | 0.22 | 0.42 | 1 | 0 | -0.25 | -0.01 | 30.39 | 27.00 | 9/18/2026 | Yes | 7 | 58 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.35 | 0.60 | 0.20 | 1.00 | 0.20 | 0.30 | 0 | 5 | -0.25 | -0.01 | 25.48 | 24.00 | 9/18/2026 | No | 16 | 70 | None | |
| KO | Coca-Cola Company | Options Chain | 0.97 | 1.01 | 0.45 | 2.50 | 0.18 | 0.23 | 303 | 77 | -0.24 | -0.03 | 84.07 | 85.00 | 9/18/2026 | Yes | 12 | 69 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.37 | 0.41 | 0.17 | 1.00 | 0.17 | 0.23 | 12 | 1 | -0.21 | -0.01 | 31.95 | 30.00 | 9/18/2026 | No | 10 | 59 | None | |
| F | Ford Motor Company | Options Chain | 0.25 | 0.28 | 0.16 | 1.00 | 0.16 | 0.42 | 15 | 118 | -0.19 | -0.01 | 14.68 | 13.00 | 9/18/2026 | Yes | 9 | 47 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.40 | 0.15 | 1.00 | 0.15 | 0.29 | 1 | 0 | -0.24 | -0.01 | 22.51 | 21.00 | 9/18/2026 | No | 14 | 68 | None |