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.
if (Model.CanViewPremiumContent) {
Download as spreadsheet Download

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
AMAT Applied Materials Inc Options Chain 3.20 3.60 1.00 2.50 0.40 0.35 42 7 -0.27 -0.08 165.57 155.00 6/27/2025 No 15 68 None
VZ Verizon Communications Inc Options Chain 0.41 0.96 0.40 1.00 0.40 0.27 40 35 -0.22 -0.02 43.48 42.00 6/27/2025 No 14 72 None
GILD Gilead Sciences Inc Options Chain 2.27 2.84 0.36 1.00 0.36 0.38 10 1 -0.29 -0.05 100.34 96.00 6/27/2025 No 13 72 None
MRK Merck & Co Inc Options Chain 1.54 2.16 0.36 1.00 0.36 0.39 6 3 -0.30 -0.04 74.80 71.00 6/27/2025 No 15 71 None
C Citigroup Inc Options Chain 1.40 1.63 0.36 1.00 0.36 0.27 2 5 -0.30 -0.03 75.72 73.00 6/27/2025 No 19 85 None
ORCL Oracle Corp Options Chain 4.50 4.80 0.35 1.00 0.35 0.44 1 0 -0.28 -0.10 159.40 150.00 6/27/2025 Yes 10 63 None
DG Dollar General Corp Options Chain 2.98 3.15 0.34 1.00 0.34 0.46 2 0 -0.30 -0.07 92.99 88.00 6/27/2025 Yes 11 63 None
NKE Nike Inc - Class B Options Chain 1.72 2.02 0.34 1.00 0.34 0.43 5 3 -0.30 -0.03 62.40 59.00 6/27/2025 Yes 16 57 None
NVO Novo Nordisk Options Chain 2.26 2.45 0.33 1.00 0.33 0.51 59 9 -0.30 -0.05 66.15 60.00 6/27/2025 No 16 73 None
UNH Unitedhealth Group Inc Options Chain 13.55 15.60 1.60 5.00 0.32 0.69 223 193 -0.30 -0.28 274.35 265.00 6/27/2025 No 14 69 None
BBY Best Buy Co. Inc Options Chain 2.28 2.47 0.31 1.00 0.31 0.48 10 0 -0.29 -0.04 73.80 68.00 6/27/2025 Yes 13 62 None
GE General Electric Company Options Chain 3.65 4.05 1.50 5.00 0.30 0.29 9 4 -0.26 -0.10 229.38 220.00 6/27/2025 No 9 64 None
AEM Agnico Eagle Mines Ltd Options Chain 2.40 2.65 0.30 1.00 0.30 0.34 0 2 -0.30 -0.05 106.45 101.00 6/27/2025 No 15 75 None
LLY Lilly(Eli) & Company Options Chain 16.65 21.75 1.43 5.00 0.29 0.36 31 0 -0.30 -0.43 733.29 720.00 6/27/2025 No 11 65 None
DKS Dicks Sporting Goods Inc Options Chain 5.40 6.20 1.35 5.00 0.27 0.49 1 3 -0.28 -0.12 179.05 170.00 6/27/2025 Yes 15 72 None
SLB SLB Options Chain 0.78 0.86 0.26 1.00 0.26 0.35 1 9 -0.30 -0.02 35.72 34.00 6/27/2025 No 11 68 None
INTC Intel Corp Options Chain 0.48 0.52 0.13 0.50 0.26 0.42 37 20 -0.25 -0.01 21.55 20.00 6/27/2025 No 5 46 None
KO Coca-Cola Company Options Chain 0.61 0.75 0.25 1.00 0.25 0.19 15 25 -0.25 -0.02 71.61 69.00 6/27/2025 No 9 69 None
WMT Walmart Inc Options Chain 1.40 1.49 0.25 1.00 0.25 0.22 129 8 -0.29 -0.04 96.35 95.00 6/27/2025 No 10 58 None
SU Suncor Energy Inc Options Chain 0.60 0.85 0.25 1.00 0.25 0.28 0 2 -0.30 -0.01 35.99 34.00 6/27/2025 No 16 80 None
HAL Halliburton Company Options Chain 0.51 0.64 0.25 1.00 0.25 0.40 3 1 -0.30 -0.01 21.04 20.00 6/27/2025 No 11 57 None
FCX Freeport-McMoRan Inc Options Chain 1.01 1.19 0.24 1.00 0.24 0.42 9 13 -0.30 -0.03 38.47 36.00 6/27/2025 No 11 55 None
DVN Devon Energy Corp Options Chain 0.52 0.90 0.23 1.00 0.23 0.37 7 0 -0.28 -0.02 33.40 31.00 6/27/2025 No 9 64 None
MSFT Microsoft Corporation Options Chain 5.65 5.85 1.10 5.00 0.22 0.20 55 86 -0.27 -0.16 453.13 440.00 6/27/2025 No 13 69 None
CVS CVS Health Corp Options Chain 1.12 1.21 0.22 1.00 0.22 0.32 9 5 -0.26 -0.03 60.47 59.00 6/27/2025 No 16 71 None
SBUX Starbucks Corp Options Chain 1.39 1.70 0.22 1.00 0.22 0.31 9 50 -0.28 -0.05 87.26 81.00 6/27/2025 No 10 55 None
HPE Hewlett Packard Enterprise Company Options Chain 0.45 0.48 0.11 0.50 0.22 0.49 1 90 -0.25 -0.01 17.62 16.00 6/27/2025 Yes 20 68 None
TSM Taiwan Semiconductor Manufacturing Options Chain 3.45 3.60 1.04 5.00 0.21 0.35 16 22 -0.23 -0.08 194.22 180.00 6/27/2025 No 24 73
Dividend Stock List
MO Altria Group Inc Options Chain 0.62 0.75 0.20 1.00 0.20 0.21 15 10 -0.24 -0.01 58.06 56.00 6/27/2025 No 12 68 None
SHEL Shell Plc ADR (Representing - ) Options Chain 0.70 0.80 0.20 1.00 0.20 0.21 0 2 -0.25 -0.02 67.39 64.00 6/27/2025 No 14 71 None
OXY Occidental Petroleum Corp Options Chain 0.70 0.82 0.20 1.00 0.20 0.34 4 1 -0.25 -0.02 43.37 40.00 6/27/2025 No 12 66 None
BP BP plc Options Chain 0.44 0.56 0.20 1.00 0.20 0.31 3 0 -0.26 -0.02 29.76 28.00 6/27/2025 No 8 54 None
JNJ Johnson & Johnson Options Chain 1.66 2.14 0.96 5.00 0.19 0.22 2 3 -0.28 -0.05 149.61 145.00 6/27/2025 No 16 66 None
CVX Chevron Corp Options Chain 1.70 2.19 0.90 5.00 0.18 0.23 4 2 -0.26 -0.03 142.26 135.00 6/27/2025 No 11 77 None
BAC Bank Of America Corp Options Chain 0.51 0.60 0.18 1.00 0.18 0.26 95 11 -0.23 -0.01 44.69 42.00 6/27/2025 No 12 71 None
ADM Archer Daniels Midland Company Options Chain 0.60 0.80 0.18 1.00 0.18 0.27 0 1 -0.27 -0.02 50.13 47.00 6/27/2025 No 11 54 None
PEP PepsiCo Inc Options Chain 1.83 2.04 0.18 1.00 0.18 0.21 5 1 -0.30 -0.03 131.50 127.00 6/27/2025 No 12 62 None
CMCSA Comcast Corp - Class A Options Chain 0.41 0.59 0.17 1.00 0.17 0.25 0 5 -0.26 -0.02 35.34 34.00 6/27/2025 No 12 63 None
EPD Enterprise Products Partners L P Options Chain 0.11 0.45 0.16 1.00 0.16 0.19 0 31 -0.23 -0.01 32.29 31.00 6/27/2025 No 12 67 None
USB U.S. Bancorp. Options Chain 0.59 0.73 0.16 1.00 0.16 0.24 1 801 -0.28 -0.02 44.58 43.00 6/27/2025 No 15 66 None
XOM Exxon Mobil Corp Options Chain 1.33 1.75 0.16 1.00 0.16 0.24 3 4 -0.28 -0.05 108.58 104.00 6/27/2025 No 12 76 None
KEY Keycorp Options Chain 0.23 0.26 0.08 0.50 0.16 0.29 0 5 -0.22 0.00 16.48 15.50 6/27/2025 No 6 54 None
QCOM Qualcomm Inc Options Chain 1.91 2.57 0.75 5.00 0.15 0.34 3 12 -0.21 -0.06 152.61 140.00 6/27/2025 No 13 64 None
GM General Motors Company Options Chain 0.72 0.86 0.15 1.00 0.15 0.31 0 1 -0.25 -0.02 50.12 47.00 6/27/2025 No 14 69 None
CSCO Cisco Systems Inc Options Chain 0.57 0.67 0.15 1.00 0.15 0.20 12 44 -0.26 -0.02 64.26 61.00 6/27/2025 No 9 69 None
} else {

Premium Content Limit Reached

Hey, I am so glad you are enjoying my site! But I'm sorry, you have reached the limit of premium content you can access. Please subscribe below for free unlimited access for 30 days!

Subscribe now with a 30-day free trial!

Join Tim's Stock Lists and gain exclusive access to:

  • Unlimited access to comprehensive stock and options lists and reports updated frequently
  • Stock List spreadsheets delivered to your email inbox 2-3 times per week
  • Real-time text alerts on options opportunities
  • No more ads!
  • In-depth stock fundamentals and technicals data
  • Do your own slicing and dicing with the ability to download all lists and reports as spreadsheets
  • Proprietary stock rating and safety algorithm engines to make more informed investments
  • Extensive dividend metrics and analysis that can cost up to 10X more on other sites

Sorry, this coupon code does not exist.
}