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 | 32.73 | 30.00 | 11/27/2026 | Yes | 8 | 58 | None | |
| C | Citigroup Inc | Options Chain | 1.64 | 2.94 | 0.53 | 1.00 | 0.53 | 0.29 | 0 | 1 | -0.29 | -0.04 | 122.40 | 118.00 | 11/27/2026 | No | 17 | 79 | 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 | |
| GM | General Motors Company | Options Chain | 1.36 | 1.88 | 0.43 | 1.00 | 0.43 | 0.32 | 2 | 13 | -0.30 | -0.04 | 77.21 | 73.00 | 11/27/2026 | Yes | 9 | 64 | None | |
| KO | Coca-Cola Company | Options Chain | 0.95 | 1.34 | 0.35 | 1.00 | 0.35 | 0.21 | 3 | 0 | -0.28 | -0.04 | 92.70 | 90.00 | 11/27/2026 | Yes | 9 | 61 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 20.25 | 24.30 | 1.70 | 5.00 | 0.34 | 0.68 | 8 | 35 | -0.30 | -0.54 | 489.03 | 445.00 | 11/27/2026 | Yes | 14 | 59 | 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 | 62.65 | 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 | 133.02 | 120.00 | 11/27/2026 | No | 7 | 65 | None | |
| CEG | Constellation Energy Corporation | Options Chain | 5.40 | 9.50 | 1.55 | 5.00 | 0.31 | 0.48 | 2 | 1 | -0.27 | -0.20 | 262.00 | 250.00 | 11/27/2026 | Yes | 7 | 67 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.30 | 7.45 | 1.55 | 5.00 | 0.31 | 0.42 | 29 | 6 | -0.28 | -0.15 | 241.12 | 235.00 | 11/27/2026 | Yes | 9 | 66 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 2.62 | 3.40 | 0.31 | 1.00 | 0.31 | 0.45 | 3 | 12 | -0.28 | -0.08 | 107.15 | 101.00 | 11/27/2026 | Yes | 10 | 67 | None | |
| AVGO | Broadcom Inc | Options Chain | 8.40 | 8.80 | 1.50 | 5.00 | 0.30 | 0.39 | 90 | 52 | -0.30 | -0.24 | 340.02 | 320.00 | 11/27/2026 | No | 14 | 67 | 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 | 177.31 | 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 | 528.20 | 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 | 90.89 | 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 | 44.48 | 42.00 | 11/27/2026 | Yes | 10 | 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 | |
| CVX | Chevron Corp | Options Chain | 2.94 | 3.95 | 1.32 | 5.00 | 0.26 | 0.28 | 4 | 16 | -0.27 | -0.09 | 225.25 | 215.00 | 11/27/2026 | Yes | 13 | 76 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.30 | 0.74 | 0.26 | 1.00 | 0.26 | 0.28 | 1 | 4 | -0.26 | -0.01 | 33.57 | 32.00 | 11/27/2026 | Yes | 10 | 59 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.53 | 2.27 | 0.26 | 1.00 | 0.26 | 0.38 | 1 | 1 | -0.29 | -0.05 | 76.75 | 74.00 | 11/27/2026 | No | 12 | 67 | 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 | 23.62 | 21.00 | 11/27/2026 | Yes | 11 | 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 | 192.58 | 180.00 | 11/27/2026 | Yes | 12 | 66 | None | |
| GE | General Electric Company | Options Chain | 4.65 | 5.90 | 1.25 | 5.00 | 0.25 | 0.33 | 15 | 5 | -0.26 | -0.16 | 300.89 | 280.00 | 11/27/2026 | Yes | 11 | 64 | 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 |
|
| DVN | Devon Energy Corp | Options Chain | 0.86 | 1.37 | 0.25 | 1.00 | 0.25 | 0.39 | 7 | 1 | -0.27 | -0.03 | 50.07 | 47.00 | 11/27/2026 | Yes | 10 | 56 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.33 | 1.95 | 0.24 | 1.00 | 0.24 | 0.21 | 21 | 2 | -0.25 | -0.04 | 158.46 | 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 | 171.32 | 165.00 | 11/27/2026 | Yes | 8 | 65 | None | |
| CRM | Salesforce Inc | Options Chain | 4.85 | 6.00 | 1.18 | 5.00 | 0.24 | 0.42 | 2 | 54 | -0.26 | -0.17 | 241.39 | 225.00 | 11/27/2026 | No | 15 | 70 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.57 | 0.83 | 0.23 | 1.00 | 0.23 | 0.24 | 13 | 6 | -0.29 | -0.02 | 50.64 | 49.00 | 11/27/2026 | No | 12 | 74 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 3.25 | 4.90 | 1.14 | 5.00 | 0.23 | 0.20 | 14 | 6 | -0.29 | -0.13 | 335.06 | 325.00 | 11/27/2026 | No | 11 | 78 | 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 | 37.69 | 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 | 245.41 | 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 | 177.80 | 165.00 | 11/27/2026 | Yes | 12 | 71 | None | |
| COF | Capital One Financial Corp | Options Chain | 1.80 | 4.80 | 1.05 | 5.00 | 0.21 | 0.31 | 3 | 7 | -0.25 | -0.11 | 210.00 | 195.00 | 11/27/2026 | Yes | 12 | 79 | 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 | 78.90 | 75.00 | 11/27/2026 | Yes | 7 | 63 | None | |
| ABT | Abbott Laboratories | Options Chain | 1.20 | 2.35 | 0.20 | 1.00 | 0.20 | 0.27 | 3 | 2 | -0.30 | -0.05 | 102.09 | 97.00 | 11/27/2026 | Yes | 9 | 59 | None | |
| MS | Morgan Stanley | Options Chain | 2.39 | 2.98 | 0.98 | 5.00 | 0.20 | 0.29 | 3 | 5 | -0.24 | -0.06 | 181.39 | 175.00 | 11/27/2026 | No | 14 | 76 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.25 | 0.42 | 0.19 | 1.00 | 0.19 | 0.41 | 8 | 13 | -0.20 | -0.02 | 22.24 | 20.00 | 11/27/2026 | Yes | 11 | 61 | None | |
| F | Ford Motor Company | Options Chain | 0.13 | 0.28 | 0.08 | 0.50 | 0.16 | 0.37 | 21 | 18 | -0.26 | -0.01 | 12.15 | 11.00 | 11/27/2026 | Yes | 9 | 51 | None | |
| IP | International Paper Company | Options Chain | 0.50 | 1.10 | 0.15 | 1.00 | 0.15 | 0.43 | 0 | 12 | -0.28 | -0.02 | 33.73 | 31.00 | 11/27/2026 | Yes | 6 | 60 | None |