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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AVGO | Broadcom Inc | Options Chain | 13.75 | 15.20 | 1.98 | 5.00 | 0.40 | 0.54 | 6 | 290 | -0.30 | -0.36 | 425.44 | 385.00 | 6/12/2026 | Yes | 9 | 62 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.16 | 1.00 | 0.35 | 1.00 | 0.35 | 0.22 | 5 | 0 | -0.23 | -0.01 | 37.55 | 36.00 | 6/26/2026 | No | 12 | 67 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 8.30 | 12.25 | 1.60 | 5.00 | 0.32 | 0.64 | 0 | 1 | -0.27 | -0.19 | 238.80 | 205.00 | 6/26/2026 | Yes | 12 | 53 | None | |
| GE | General Electric Company | Options Chain | 6.60 | 9.20 | 1.60 | 5.00 | 0.32 | 0.37 | 0 | 11 | -0.28 | -0.17 | 305.83 | 285.00 | 6/26/2026 | No | 9 | 60 | None | |
| QCOM | Qualcomm Inc | Options Chain | 6.60 | 9.45 | 0.78 | 2.50 | 0.31 | 0.56 | 20 | 8 | -0.28 | -0.14 | 186.55 | 182.50 | 6/26/2026 | No | 14 | 70 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.95 | 14.95 | 1.50 | 5.00 | 0.30 | 0.44 | 0 | 9 | -0.30 | -0.24 | 419.50 | 385.00 | 6/26/2026 | No | 20 | 61 |
Dividend Stock List |
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| IVZ | Invesco Ltd | Options Chain | 0.55 | 0.70 | 0.30 | 1.00 | 0.30 | 0.39 | 61 | 5 | -0.28 | -0.01 | 27.57 | 25.00 | 6/18/2026 | No | 9 | 56 | None | |
| EC | Ecopetrol SA | Options Chain | 0.35 | 0.50 | 0.30 | 1.00 | 0.30 | 0.48 | 2 | 10 | -0.29 | -0.01 | 13.36 | 12.00 | 6/18/2026 | Yes | 11 | 59 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.47 | 3.35 | 1.49 | 5.00 | 0.30 | 0.19 | 8 | 0 | -0.26 | -0.06 | 286.90 | 270.00 | 6/26/2026 | Yes | 9 | 61 | None | |
| EQNR | Equinor ASA | Options Chain | 0.80 | 1.05 | 0.28 | 1.00 | 0.28 | 0.41 | 14 | 17 | -0.24 | -0.01 | 38.04 | 34.00 | 6/18/2026 | Yes | 9 | 56 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.65 | 1.00 | 0.28 | 1.00 | 0.28 | 0.34 | 1 | 3 | -0.25 | -0.02 | 44.30 | 41.00 | 6/18/2026 | No | 15 | 74 | None | |
| V | Visa Inc - Class A | Options Chain | 3.40 | 7.55 | 1.34 | 5.00 | 0.27 | 0.23 | 0 | 5 | -0.30 | -0.12 | 318.80 | 310.00 | 6/26/2026 | No | 12 | 71 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.75 | 1.95 | 0.67 | 2.50 | 0.27 | 0.47 | 29 | 18 | -0.25 | -0.04 | 73.00 | 65.00 | 6/18/2026 | No | 7 | 59 | None | |
| VST | Vistra Corp | Options Chain | 4.25 | 6.55 | 1.32 | 5.00 | 0.26 | 0.53 | 17 | 1 | -0.26 | -0.11 | 158.29 | 140.00 | 6/26/2026 | Yes | 7 | 56 | None | |
| XYL | Xylem Inc | Options Chain | 1.85 | 2.45 | 1.32 | 5.00 | 0.26 | 0.30 | 1401 | 1 | -0.27 | -0.06 | 118.59 | 110.00 | 6/18/2026 | No | 16 | 66 | None | |
| MSFT | Microsoft Corporation | Options Chain | 5.95 | 6.55 | 1.27 | 5.00 | 0.25 | 0.28 | 90 | 67 | -0.26 | -0.19 | 411.38 | 400.00 | 6/12/2026 | No | 12 | 65 | None | |
| MET | Metlife Inc | Options Chain | 1.35 | 1.60 | 0.63 | 2.50 | 0.25 | 0.28 | 103 | 509 | -0.30 | -0.03 | 80.16 | 75.00 | 6/18/2026 | Yes | 13 | 70 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 3.50 | 4.00 | 1.25 | 5.00 | 0.25 | 0.48 | 43 | 34 | -0.25 | -0.09 | 138.47 | 125.00 | 6/18/2026 | No | 9 | 58 | None | |
| VTRS | Viatris Inc | Options Chain | 0.25 | 0.45 | 0.25 | 1.00 | 0.25 | 0.34 | 1129 | 203 | -0.23 | 0.00 | 15.95 | 16.00 | 6/18/2026 | Yes | 6 | 51 | None | |
| IBM | International Business Machines Corp | Options Chain | 3.25 | 6.45 | 1.20 | 5.00 | 0.24 | 0.32 | 20 | 5 | -0.26 | -0.07 | 226.12 | 215.00 | 6/26/2026 | No | 14 | 72 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.63 | 2.85 | 1.15 | 5.00 | 0.23 | 0.31 | 8 | 3 | -0.22 | -0.05 | 148.69 | 135.00 | 6/26/2026 | No | 11 | 71 | None | |
| NYT | New York Times Co. - Class A | Options Chain | 1.35 | 1.85 | 0.57 | 2.50 | 0.23 | 0.30 | 0 | 27 | -0.29 | -0.04 | 84.00 | 77.50 | 6/18/2026 | Yes | 13 | 60 | None | |
| BCS | Barclays plc | Options Chain | 0.60 | 0.70 | 0.22 | 1.00 | 0.22 | 0.40 | 1 | 1 | -0.29 | -0.01 | 24.08 | 22.00 | 6/18/2026 | No | 18 | 68 | None | |
| NVT | nVent Electric plc | Options Chain | 4.10 | 4.90 | 1.05 | 5.00 | 0.21 | 0.51 | 7 | 3 | -0.25 | -0.11 | 170.70 | 150.00 | 6/18/2026 | No | 8 | 21 | None | |
| BKR | Baker Hughes Co - Class A | Options Chain | 1.45 | 1.60 | 1.05 | 5.00 | 0.21 | 0.36 | 432 | 33 | -0.29 | -0.04 | 66.71 | 60.00 | 6/18/2026 | No | 16 | 62 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.75 | 2.00 | 1.03 | 5.00 | 0.21 | 0.42 | 952 | 768 | -0.24 | -0.05 | 111.22 | 80.00 | 6/18/2026 | Yes | 14 | 63 | None | |
| PNR | Pentair plc | Options Chain | 1.40 | 1.90 | 0.50 | 2.50 | 0.20 | 0.33 | 2 | 0 | -0.26 | -0.05 | 79.91 | 75.00 | 6/18/2026 | No | 13 | 66 | None | |
| TFC | Truist Financial Corporation | Options Chain | 0.90 | 0.95 | 0.50 | 2.50 | 0.20 | 0.27 | 2 | 10 | -0.30 | -0.01 | 50.80 | 47.50 | 6/18/2026 | No | 11 | 67 | None | |
| SYK | Stryker Corp | Options Chain | 3.70 | 4.70 | 1.97 | 10.00 | 0.20 | 0.27 | 20 | 12 | -0.23 | -0.13 | 292.75 | 280.00 | 6/18/2026 | No | 13 | 68 | None | |
| CDW | CDW Corp | Options Chain | 2.00 | 2.40 | 0.95 | 5.00 | 0.19 | 0.42 | 23 | 9 | -0.24 | -0.06 | 110.86 | 100.00 | 6/18/2026 | Yes | 11 | 50 | None | |
| GFI | Gold Fields Ltd | Options Chain | 1.10 | 1.40 | 0.92 | 5.00 | 0.18 | 0.56 | 40 | 0 | -0.23 | -0.04 | 46.41 | 40.00 | 6/18/2026 | Yes | 11 | 56 | None | |
| PR | Permian Resources Corp - Class A | Options Chain | 0.25 | 0.40 | 0.18 | 1.00 | 0.18 | 0.40 | 1 | 14 | -0.23 | -0.01 | 21.21 | 18.00 | 6/18/2026 | Yes | 11 | 65 | None | |
| CLX | Clorox Company | Options Chain | 1.30 | 1.55 | 0.88 | 5.00 | 0.18 | 0.35 | 740 | 104 | -0.21 | -0.05 | 89.82 | 85.00 | 6/18/2026 | No | 15 | 56 | None | |
| INFY | Infosys Ltd | Options Chain | 0.10 | 0.50 | 0.17 | 1.00 | 0.17 | 0.49 | 22 | 13 | -0.14 | 0.00 | 12.63 | 11.00 | 6/18/2026 | No | 16 | 51 | None | |
| CGNX | Cognex Corp | Options Chain | 1.20 | 1.80 | 0.75 | 5.00 | 0.15 | 0.44 | 69 | 3 | -0.25 | -0.04 | 71.00 | 60.00 | 6/18/2026 | Yes | 13 | 53 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.30 | 0.50 | 0.15 | 1.00 | 0.15 | 0.30 | 8 | 1 | -0.26 | -0.01 | 25.07 | 23.00 | 6/18/2026 | No | 18 | 68 | None |