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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.20 | 1.37 | 0.55 | 1.00 | 0.55 | 0.31 | 3 | 3 | -0.29 | -0.01 | 33.50 | 32.00 | 7/2/2026 | No | 8 | 60 | None | |
| GLW | Corning Inc | Options Chain | 9.10 | 11.75 | 0.98 | 2.50 | 0.39 | 0.73 | 2 | 0 | -0.30 | -0.20 | 181.00 | 175.00 | 7/2/2026 | No | 8 | 52 | None | |
| MSFT | Microsoft Corporation | Options Chain | 6.00 | 9.15 | 1.88 | 5.00 | 0.38 | 0.29 | 6 | 43 | -0.27 | -0.19 | 419.09 | 400.00 | 7/2/2026 | No | 15 | 72 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 11.60 | 15.15 | 1.80 | 5.00 | 0.36 | 0.72 | 6 | 0 | -0.30 | -0.27 | 243.50 | 230.00 | 7/2/2026 | Yes | 12 | 53 | None | |
| F | Ford Motor Company | Options Chain | 0.00 | 0.55 | 0.18 | 0.50 | 0.36 | 0.52 | 1 | 11 | -0.21 | 0.00 | 13.22 | 12.50 | 7/2/2026 | No | 9 | 50 | None | |
| QCOM | Qualcomm Inc | Options Chain | 10.80 | 13.45 | 0.88 | 2.50 | 0.35 | 0.76 | 0 | 1 | -0.30 | -0.22 | 213.41 | 192.50 | 7/2/2026 | No | 14 | 71 | None | |
| IBM | International Business Machines Corp | Options Chain | 4.90 | 8.90 | 1.70 | 5.00 | 0.34 | 0.38 | 0 | 10 | -0.30 | -0.15 | 224.50 | 240.00 | 7/2/2026 | No | 14 | 72 | None | |
| AVGO | Broadcom Inc | Options Chain | 13.40 | 16.40 | 1.65 | 5.00 | 0.33 | 0.52 | 23 | 6 | -0.30 | -0.32 | 416.95 | 385.00 | 7/2/2026 | Yes | 9 | 62 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 2.79 | 6.55 | 1.58 | 5.00 | 0.32 | 0.25 | 0 | 3 | -0.28 | -0.13 | 301.39 | 290.00 | 7/2/2026 | No | 12 | 79 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 8.95 | 12.85 | 1.57 | 5.00 | 0.31 | 0.42 | 7 | 6 | -0.28 | -0.25 | 400.10 | 380.00 | 7/2/2026 | No | 23 | 67 |
Dividend Stock List |
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| APA | APA Corporation | Options Chain | 0.99 | 1.84 | 0.29 | 1.00 | 0.29 | 0.51 | 0 | 10 | -0.30 | -0.03 | 39.74 | 36.00 | 7/2/2026 | No | 15 | 62 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 1.66 | 3.45 | 1.15 | 5.00 | 0.23 | 0.32 | 1 | 1 | -0.25 | -0.07 | 155.29 | 145.00 | 7/2/2026 | No | 10 | 70 | None | |
| RTX | RTX Corp | Options Chain | 0.80 | 4.45 | 1.08 | 5.00 | 0.22 | 0.28 | 0 | 1 | -0.23 | -0.06 | 174.77 | 165.00 | 7/2/2026 | No | 11 | 63 | None | |
| MS | Morgan Stanley | Options Chain | 2.38 | 4.95 | 0.93 | 5.00 | 0.19 | 0.30 | 1 | 1 | -0.28 | -0.10 | 200.51 | 190.00 | 7/2/2026 | No | 11 | 67 | None |