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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 17.10 | 19.40 | 2.27 | 5.00 | 0.45 | 0.51 | 2 | 671 | -0.30 | -0.32 | 436.96 | 405.00 | 8/28/2026 | Yes | 20 | 61 |
Dividend Stock List |
|
| SHEL | Shell Plc ADR (Representing - ) | Options Chain | 1.25 | 1.75 | 0.45 | 1.00 | 0.45 | 0.26 | 0 | 1 | -0.29 | -0.03 | 81.40 | 78.00 | 8/28/2026 | Yes | 15 | 64 | None | |
| QCOM | Qualcomm Inc | Options Chain | 7.75 | 11.70 | 1.63 | 5.00 | 0.33 | 0.69 | 1 | 0 | -0.28 | -0.17 | 191.11 | 170.00 | 8/28/2026 | Yes | 14 | 71 | None | |
| RMD | Resmed Inc | Options Chain | 4.50 | 5.50 | 1.47 | 5.00 | 0.29 | 0.41 | 1 | 0 | -0.27 | -0.12 | 208.45 | 190.00 | 8/21/2026 | Yes | 20 | 67 |
Dividend Stock List |
|
| VZ | Verizon Communications Inc | Options Chain | 0.48 | 0.94 | 0.20 | 1.00 | 0.20 | 0.25 | 24 | 1 | -0.29 | -0.01 | 42.12 | 40.00 | 8/28/2026 | Yes | 10 | 64 | None | |
| RF | Regions Financial Corp | Options Chain | 0.40 | 0.60 | 0.17 | 1.00 | 0.17 | 0.32 | 0 | 3 | -0.24 | -0.01 | 31.02 | 29.00 | 8/21/2026 | Yes | 15 | 61 | None |