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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| QCOM | Qualcomm Inc | Options Chain | 3.30 | 5.30 | 2.16 | 5.00 | 0.43 | 0.33 | 3 | 152 | -0.30 | -0.09 | 175.02 | 165.00 | 1/30/2026 | No | 12 | 66 | None | |
| GM | General Motors Company | Options Chain | 1.94 | 2.33 | 0.40 | 1.00 | 0.40 | 0.39 | 1 | 41 | -0.29 | -0.05 | 81.24 | 76.00 | 1/30/2026 | Yes | 9 | 60 | None | |
| FDX | Fedex Corp | Options Chain | 5.15 | 7.50 | 1.85 | 5.00 | 0.37 | 0.36 | 43 | 32 | -0.26 | -0.16 | 282.46 | 265.00 | 1/30/2026 | Yes | 10 | 63 | None | |
| NVO | Novo Nordisk | Options Chain | 1.00 | 1.25 | 0.37 | 1.00 | 0.37 | 0.38 | 102 | 15 | -0.26 | -0.03 | 49.00 | 45.00 | 1/30/2026 | No | 11 | 51 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 6.20 | 7.70 | 1.80 | 5.00 | 0.36 | 0.39 | 37 | 42 | -0.27 | -0.17 | 287.60 | 260.00 | 1/30/2026 | Yes | 20 | 63 |
Dividend Stock List |
|
| NKE | Nike Inc - Class B | Options Chain | 1.79 | 2.08 | 0.36 | 1.00 | 0.36 | 0.42 | 0 | 1 | -0.29 | -0.05 | 67.04 | 62.00 | 1/30/2026 | Yes | 8 | 55 | None | |
| ACN | Accenture plc - Class A | Options Chain | 4.50 | 7.90 | 1.70 | 5.00 | 0.34 | 0.37 | 0 | 1 | -0.26 | -0.12 | 271.95 | 255.00 | 1/30/2026 | Yes | 15 | 65 | None | |
| ORCL | Oracle Corp | Options Chain | 5.30 | 6.15 | 1.53 | 5.00 | 0.31 | 0.49 | 107 | 228 | -0.27 | -0.13 | 187.88 | 165.00 | 1/30/2026 | No | 10 | 65 | None | |
| AVGO | Broadcom Inc | Options Chain | 10.30 | 10.85 | 1.48 | 5.00 | 0.30 | 0.45 | 78 | 587 | -0.30 | -0.22 | 341.30 | 305.00 | 1/30/2026 | No | 11 | 67 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 0.56 | 1.10 | 0.28 | 1.00 | 0.28 | 0.29 | 20 | 7 | -0.29 | -0.02 | 39.04 | 39.00 | 1/30/2026 | No | 7 | 59 | None | |
| COP | Conoco Phillips | Options Chain | 1.43 | 2.14 | 0.27 | 1.00 | 0.27 | 0.28 | 0 | 3 | -0.28 | -0.05 | 91.25 | 91.00 | 1/30/2026 | No | 7 | 67 | None | |
| VST | Vistra Corp | Options Chain | 4.05 | 5.70 | 1.34 | 5.00 | 0.27 | 0.53 | 5 | 15 | -0.25 | -0.12 | 173.25 | 145.00 | 1/30/2026 | No | 7 | 56 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 3.70 | 4.60 | 1.33 | 5.00 | 0.27 | 0.44 | 14 | 3 | -0.30 | -0.08 | 133.71 | 120.00 | 1/30/2026 | No | 17 | 63 | None | |
| MO | Altria Group Inc | Options Chain | 0.97 | 1.20 | 0.26 | 1.00 | 0.26 | 0.21 | 2 | 6 | -0.30 | -0.01 | 59.59 | 57.00 | 1/30/2026 | Yes | 9 | 60 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 3.75 | 7.05 | 1.27 | 5.00 | 0.25 | 0.27 | 9 | 4 | -0.29 | -0.12 | 315.54 | 300.00 | 1/30/2026 | Yes | 11 | 78 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.87 | 0.95 | 0.24 | 1.00 | 0.24 | 0.28 | 100 | 0 | -0.27 | -0.02 | 54.81 | 52.00 | 1/30/2026 | Yes | 13 | 74 | None | |
| CMCSA | Comcast Corp - Class A | Options Chain | 0.59 | 0.80 | 0.23 | 1.00 | 0.23 | 0.38 | 109 | 50 | -0.27 | -0.01 | 29.84 | 28.00 | 1/30/2026 | Yes | 10 | 53 | None | |
| C | Citigroup Inc | Options Chain | 1.64 | 2.57 | 0.23 | 1.00 | 0.23 | 0.30 | 1 | 1 | -0.28 | -0.05 | 111.23 | 106.00 | 1/30/2026 | Yes | 13 | 71 | None | |
| DVN | Devon Energy Corp | Options Chain | 0.53 | 0.81 | 0.21 | 1.00 | 0.21 | 0.30 | 20 | 0 | -0.27 | -0.02 | 35.22 | 35.00 | 1/30/2026 | No | 7 | 55 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.30 | 0.75 | 0.21 | 1.00 | 0.21 | 0.21 | 8 | 36 | -0.27 | -0.01 | 40.76 | 39.00 | 1/30/2026 | Yes | 15 | 64 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 0.76 | 1.92 | 0.21 | 1.00 | 0.21 | 0.25 | 1 | 2 | -0.30 | -0.02 | 77.39 | 73.00 | 1/30/2026 | No | 7 | 60 | None | |
| T | AT&T Inc | Options Chain | 0.39 | 0.43 | 0.19 | 1.00 | 0.19 | 0.28 | 30 | 0 | -0.27 | -0.01 | 24.07 | 23.00 | 1/30/2026 | Yes | 14 | 68 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.35 | 8.20 | 0.93 | 5.00 | 0.19 | 0.37 | 16 | 16 | -0.27 | -0.20 | 334.09 | 310.00 | 1/30/2026 | Yes | 10 | 59 | None | |
| KO | Coca-Cola Company | Options Chain | 0.47 | 0.79 | 0.16 | 1.00 | 0.16 | 0.15 | 2 | 8 | -0.27 | -0.02 | 70.49 | 69.00 | 1/30/2026 | No | 9 | 70 | None | |
| PG | Procter & Gamble Company | Options Chain | 1.46 | 1.75 | 0.78 | 5.00 | 0.16 | 0.22 | 5 | 12 | -0.23 | -0.04 | 146.05 | 140.00 | 1/30/2026 | Yes | 9 | 57 | None |