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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| FCX | Freeport-McMoRan Inc | Options Chain | 1.61 | 1.95 | 0.58 | 1.00 | 0.58 | 0.45 | 5 | 0 | -0.29 | -0.04 | 58.71 | 55.00 | 2/27/2026 | No | 11 | 57 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.20 | 10.25 | 1.65 | 5.00 | 0.33 | 0.39 | 2 | 6 | -0.30 | -0.21 | 331.61 | 315.00 | 2/27/2026 | No | 22 | 67 |
Dividend Stock List |
|
| HPQ | HP Inc | Options Chain | 0.53 | 0.85 | 0.16 | 0.50 | 0.32 | 0.39 | 1 | 0 | -0.30 | -0.01 | 21.18 | 20.00 | 2/27/2026 | No | 9 | 40 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 4.65 | 6.75 | 1.52 | 5.00 | 0.30 | 0.25 | 9 | 9 | -0.28 | -0.15 | 324.49 | 310.00 | 2/27/2026 | No | 11 | 78 | None | |
| AVGO | Broadcom Inc | Options Chain | 9.70 | 10.70 | 1.50 | 5.00 | 0.30 | 0.45 | 9 | 7 | -0.28 | -0.23 | 351.01 | 330.00 | 2/27/2026 | No | 12 | 67 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.90 | 11.35 | 1.50 | 5.00 | 0.30 | 0.28 | 2 | 49 | -0.28 | -0.21 | 475.23 | 455.00 | 2/27/2026 | No | 14 | 70 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 1.20 | 1.71 | 0.28 | 1.00 | 0.28 | 0.37 | 1 | 0 | -0.27 | -0.03 | 71.03 | 65.00 | 2/27/2026 | No | 11 | 66 | None | |
| C | Citigroup Inc | Options Chain | 2.10 | 2.78 | 0.28 | 1.00 | 0.28 | 0.30 | 0 | 16 | -0.28 | -0.05 | 117.85 | 111.00 | 2/27/2026 | No | 13 | 70 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.54 | 0.70 | 0.26 | 1.00 | 0.26 | 0.33 | 1 | 0 | -0.26 | -0.02 | 42.74 | 40.00 | 2/27/2026 | No | 7 | 53 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.98 | 1.16 | 0.26 | 1.00 | 0.26 | 0.26 | 1 | 14 | -0.30 | -0.02 | 55.19 | 53.00 | 2/27/2026 | No | 12 | 74 | None | |
| FHN | First Horizon Corporation | Options Chain | 0.35 | 0.60 | 0.13 | 0.50 | 0.26 | 0.31 | 0 | 1 | -0.27 | -0.01 | 24.22 | 23.00 | 2/27/2026 | No | 13 | 68 | None | |
| STM | ST Microelectronics | Options Chain | 0.75 | 0.85 | 0.25 | 1.00 | 0.25 | 0.51 | 1 | 0 | -0.26 | -0.02 | 28.34 | 26.00 | 2/20/2026 | No | 11 | 46 | None | |
| RF | Regions Financial Corp | Options Chain | 0.45 | 0.60 | 0.25 | 1.00 | 0.25 | 0.28 | 4 | 3 | -0.28 | -0.01 | 28.26 | 27.00 | 2/20/2026 | No | 13 | 70 | None | |
| ORCL | Oracle Corp | Options Chain | 6.15 | 7.50 | 1.20 | 5.00 | 0.24 | 0.46 | 4 | 0 | -0.29 | -0.14 | 204.68 | 190.00 | 2/27/2026 | No | 10 | 65 | None | |
| V | Visa Inc - Class A | Options Chain | 5.65 | 7.25 | 1.12 | 5.00 | 0.22 | 0.24 | 7 | 33 | -0.28 | -0.12 | 343.62 | 315.00 | 2/27/2026 | No | 10 | 69 | None | |
| EQNR | Equinor ASA | Options Chain | 0.35 | 0.45 | 0.22 | 1.00 | 0.22 | 0.30 | 5 | 0 | -0.25 | -0.01 | 23.89 | 23.00 | 2/20/2026 | No | 11 | 55 | None | |
| FITB | Fifth Third Bancorp | Options Chain | 0.70 | 0.80 | 0.20 | 1.00 | 0.20 | 0.28 | 4 | 18 | -0.27 | -0.02 | 48.52 | 46.00 | 2/20/2026 | No | 8 | 63 | None | |
| DOW | Dow Inc | Options Chain | 0.69 | 1.03 | 0.10 | 0.50 | 0.20 | 0.50 | 8 | 3 | -0.28 | -0.02 | 26.50 | 24.50 | 2/27/2026 | No | 10 | 51 | None | |
| F | Ford Motor Company | Options Chain | 0.24 | 0.30 | 0.09 | 0.50 | 0.18 | 0.33 | 49 | 1 | -0.25 | 0.00 | 14.03 | 13.00 | 2/27/2026 | No | 16 | 58 | None | |
| KO | Coca-Cola Company | Options Chain | 0.58 | 0.80 | 0.16 | 1.00 | 0.16 | 0.17 | 1 | 0 | -0.25 | -0.02 | 70.50 | 68.00 | 2/27/2026 | No | 9 | 70 | None | |
| BK | Bank Of New York Mellon Corp | Options Chain | 1.05 | 1.50 | 0.75 | 5.00 | 0.15 | 0.23 | 24 | 39 | -0.24 | -0.03 | 120.00 | 115.00 | 2/20/2026 | No | 15 | 74 | None |