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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PAAS | Pan American Silver Corp | Options Chain | 1.45 | 1.95 | 0.45 | 1.00 | 0.45 | 0.50 | 2 | 1 | -0.29 | -0.03 | 44.98 | 42.00 | 11/20/2026 | Yes | 14 | 58 | None | |
| SYF | Synchrony Financial | Options Chain | 1.45 | 2.50 | 0.93 | 2.50 | 0.37 | 0.37 | 20 | 0 | -0.30 | -0.04 | 71.51 | 67.50 | 11/20/2026 | Yes | 14 | 75 | None | |
| GLW | Corning Inc | Options Chain | 7.40 | 7.75 | 1.68 | 5.00 | 0.34 | 0.60 | 101 | 65 | -0.30 | -0.14 | 160.42 | 150.00 | 11/20/2026 | Yes | 9 | 52 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.16 | 2.56 | 0.82 | 2.50 | 0.33 | 0.43 | 15 | 31 | -0.27 | -0.05 | 84.13 | 77.50 | 11/20/2026 | Yes | 14 | 67 | None | |
| QCOM | Qualcomm Inc | Options Chain | 6.65 | 7.05 | 1.62 | 5.00 | 0.32 | 0.51 | 108 | 100 | -0.28 | -0.13 | 182.09 | 170.00 | 11/20/2026 | Yes | 12 | 70 | None | |
| ACN | Accenture plc - Class A | Options Chain | 5.90 | 6.40 | 1.55 | 5.00 | 0.31 | 0.41 | 65 | 97 | -0.30 | -0.10 | 213.10 | 185.00 | 11/20/2026 | No | 17 | 68 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 9.50 | 10.10 | 3.05 | 10.00 | 0.30 | 0.37 | 64 | 102 | -0.29 | -0.20 | 365.20 | 350.00 | 11/20/2026 | Yes | 13 | 65 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 11.40 | 11.85 | 3.00 | 10.00 | 0.30 | 0.33 | 539 | 175 | -0.30 | -0.23 | 459.20 | 450.00 | 11/20/2026 | Yes | 23 | 66 |
Dividend Stock List |
|
| ORCL | Oracle Corp | Options Chain | 5.00 | 5.15 | 1.50 | 5.00 | 0.30 | 0.51 | 403 | 315 | -0.28 | -0.09 | 138.07 | 130.00 | 11/20/2026 | No | 13 | 69 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.85 | 13.60 | 1.50 | 5.00 | 0.30 | 0.32 | 4 | 5 | -0.30 | -0.28 | 512.80 | 495.00 | 11/13/2026 | Yes | 14 | 72 | None | |
| SBAC | SBA Communications Corp - Class A | Options Chain | 1.75 | 5.70 | 1.50 | 5.00 | 0.30 | 0.32 | 31 | 0 | -0.30 | -0.07 | 158.02 | 150.00 | 11/20/2026 | Yes | 8 | 52 | None | |
| EC | Ecopetrol SA | Options Chain | 0.25 | 0.65 | 0.30 | 1.00 | 0.30 | 0.46 | 3 | 0 | -0.25 | -0.01 | 16.27 | 15.00 | 11/20/2026 | Yes | 16 | 54 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.41 | 1.78 | 0.73 | 2.50 | 0.29 | 0.37 | 11 | 16 | -0.28 | -0.03 | 61.67 | 57.50 | 11/20/2026 | Yes | 16 | 63 | None | |
| IBM | International Business Machines Corp | Options Chain | 5.85 | 6.30 | 1.40 | 5.00 | 0.28 | 0.41 | 39 | 155 | -0.28 | -0.11 | 225.62 | 205.00 | 11/20/2026 | Yes | 9 | 66 | None | |
| VST | Vistra Corp | Options Chain | 4.75 | 5.15 | 1.40 | 5.00 | 0.28 | 0.48 | 283 | 57 | -0.29 | -0.11 | 139.75 | 130.00 | 11/20/2026 | Yes | 8 | 61 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 3.20 | 3.40 | 1.38 | 5.00 | 0.28 | 0.40 | 200 | 230 | -0.29 | -0.06 | 108.76 | 105.00 | 11/20/2026 | Yes | 11 | 67 | None | |
| BWXT | BWX Technologies Inc | Options Chain | 4.20 | 4.70 | 1.37 | 5.00 | 0.27 | 0.47 | 12 | 29 | -0.28 | -0.08 | 136.79 | 125.00 | 11/20/2026 | Yes | 12 | 61 | None | |
| APH | Amphenol Corp - Class A | Options Chain | 2.45 | 3.00 | 0.68 | 2.50 | 0.27 | 0.48 | 39 | 51 | -0.27 | -0.06 | 86.10 | 80.00 | 11/20/2026 | Yes | 11 | 57 | None | |
| EQT | EQT Corp | Options Chain | 1.02 | 1.12 | 0.68 | 2.50 | 0.27 | 0.31 | 220 | 175 | -0.29 | -0.02 | 50.09 | 47.50 | 11/20/2026 | Yes | 11 | 60 | None | |
| OXY | Occidental Petroleum Corp | Options Chain | 1.51 | 1.62 | 0.68 | 2.50 | 0.27 | 0.35 | 160 | 238 | -0.30 | -0.03 | 57.84 | 55.00 | 11/20/2026 | Yes | 13 | 63 | None | |
| STM | ST Microelectronics | Options Chain | 1.95 | 2.15 | 0.27 | 1.00 | 0.27 | 0.63 | 41 | 1 | -0.23 | -0.05 | 53.50 | 50.00 | 11/20/2026 | Yes | 12 | 53 | None | |
| EXC | Exelon Corp | Options Chain | 0.50 | 0.70 | 0.27 | 1.00 | 0.27 | 0.24 | 5 | 0 | -0.28 | -0.02 | 40.47 | 39.00 | 11/20/2026 | Yes | 11 | 67 | None | |
| PPL | PPL Corp | Options Chain | 0.45 | 0.65 | 0.27 | 1.00 | 0.27 | 0.21 | 2 | 0 | -0.30 | -0.01 | 32.76 | 32.00 | 11/20/2026 | Yes | 7 | 61 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 3.20 | 3.75 | 1.33 | 5.00 | 0.27 | 0.31 | 31 | 114 | -0.28 | -0.07 | 163.82 | 155.00 | 11/20/2026 | Yes | 13 | 73 | None | |
| DVN | Devon Energy Corp | Options Chain | 1.25 | 1.36 | 0.66 | 2.50 | 0.26 | 0.37 | 43 | 1 | -0.30 | -0.03 | 47.16 | 45.00 | 11/20/2026 | Yes | 10 | 57 | None | |
| APO | Apollo Global Management Inc | Options Chain | 2.75 | 3.30 | 1.30 | 5.00 | 0.26 | 0.42 | 10 | 4 | -0.27 | -0.06 | 116.74 | 105.00 | 11/20/2026 | Yes | 13 | 66 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.35 | 5.85 | 1.30 | 5.00 | 0.26 | 0.27 | 119 | 53 | -0.27 | -0.11 | 333.18 | 315.00 | 11/20/2026 | Yes | 12 | 80 | None | |
| AVGO | Broadcom Inc | Options Chain | 7.65 | 8.75 | 1.30 | 5.00 | 0.26 | 0.36 | 22 | 133 | -0.28 | -0.21 | 345.38 | 335.00 | 11/13/2026 | No | 10 | 65 | None | |
| ZTS | Zoetis Inc - Class A | Options Chain | 1.95 | 2.65 | 1.30 | 5.00 | 0.26 | 0.42 | 179 | 71 | -0.30 | -0.03 | 69.10 | 65.00 | 11/20/2026 | Yes | 12 | 55 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 1.97 | 2.15 | 0.64 | 2.50 | 0.26 | 0.48 | 166 | 20 | -0.25 | -0.04 | 69.28 | 65.00 | 11/20/2026 | Yes | 11 | 63 | None | |
| CVX | Chevron Corp | Options Chain | 3.65 | 4.10 | 1.26 | 5.00 | 0.25 | 0.29 | 44 | 181 | -0.28 | -0.07 | 207.10 | 195.00 | 11/20/2026 | Yes | 13 | 77 | None | |
| NXPI | NXP Semiconductors NV | Options Chain | 5.30 | 7.00 | 2.50 | 10.00 | 0.25 | 0.48 | 9 | 9 | -0.23 | -0.16 | 239.19 | 220.00 | 11/20/2026 | Yes | 14 | 75 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.55 | 0.85 | 0.25 | 1.00 | 0.25 | 0.40 | 0 | 1 | -0.25 | -0.01 | 30.42 | 28.00 | 11/20/2026 | Yes | 7 | 58 | None | |
| CVE | Cenovus Energy Inc | Options Chain | 0.80 | 0.95 | 0.25 | 1.00 | 0.25 | 0.41 | 2 | 27 | -0.29 | -0.02 | 31.65 | 30.00 | 11/20/2026 | Yes | 11 | 59 | None | |
| GE | General Electric Company | Options Chain | 7.25 | 7.85 | 2.40 | 10.00 | 0.24 | 0.36 | 31 | 29 | -0.28 | -0.16 | 312.39 | 290.00 | 11/20/2026 | Yes | 8 | 60 | None | |
| NTAP | Netapp Inc | Options Chain | 7.10 | 9.70 | 2.40 | 10.00 | 0.24 | 0.49 | 29 | 105 | -0.30 | -0.16 | 215.05 | 210.00 | 11/20/2026 | No | 13 | 63 | None | |
| GIS | General Mills Inc | Options Chain | 0.75 | 0.90 | 0.60 | 2.50 | 0.24 | 0.30 | 186 | 19 | -0.27 | -0.01 | 31.67 | 30.00 | 11/20/2026 | No | 6 | 53 | None | |
| APA | APA Corporation | Options Chain | 1.15 | 1.56 | 0.60 | 2.50 | 0.24 | 0.46 | 5 | 1 | -0.28 | -0.02 | 43.28 | 40.00 | 11/20/2026 | Yes | 14 | 70 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 2.21 | 2.47 | 1.19 | 5.00 | 0.24 | 0.63 | 402 | 1794 | -0.23 | -0.05 | 64.85 | 60.00 | 11/20/2026 | No | 12 | 58 | None | |
| NEM | Newmont Corp | Options Chain | 2.34 | 2.75 | 1.16 | 5.00 | 0.23 | 0.41 | 59 | 8 | -0.24 | -0.07 | 114.67 | 105.00 | 11/20/2026 | Yes | 17 | 74 | None | |
| BHP | BHP Group Ltd | Options Chain | 1.65 | 1.90 | 0.58 | 2.50 | 0.23 | 0.35 | 29 | 0 | -0.24 | -0.04 | 84.18 | 80.00 | 11/20/2026 | Yes | 12 | 26 | None | |
| C | Citigroup Inc | Options Chain | 2.47 | 2.74 | 1.14 | 5.00 | 0.23 | 0.33 | 123 | 203 | -0.26 | -0.05 | 127.00 | 120.00 | 11/20/2026 | Yes | 14 | 69 | None | |
| NVO | Novo Nordisk | Options Chain | 0.90 | 0.94 | 0.56 | 2.50 | 0.22 | 0.36 | 605 | 695 | -0.28 | -0.02 | 37.40 | 35.00 | 11/20/2026 | Yes | 11 | 50 | None | |
| INFY | Infosys Ltd | Options Chain | 0.25 | 0.55 | 0.22 | 1.00 | 0.22 | 0.49 | 80 | 21 | -0.22 | 0.00 | 11.35 | 10.00 | 11/20/2026 | Yes | 16 | 53 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.70 | 0.78 | 0.22 | 1.00 | 0.22 | 0.26 | 22 | 28 | -0.22 | -0.01 | 45.98 | 43.00 | 11/20/2026 | Yes | 7 | 64 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.65 | 0.75 | 0.22 | 1.00 | 0.22 | 0.34 | 2 | 5 | -0.25 | -0.02 | 37.98 | 35.00 | 11/20/2026 | Yes | 11 | 70 | None | |
| T | AT&T Inc | Options Chain | 0.39 | 0.53 | 0.22 | 1.00 | 0.22 | 0.27 | 52 | 75 | -0.29 | -0.01 | 24.30 | 23.00 | 11/20/2026 | Yes | 10 | 60 | None | |
| MCD | McDonald`s Corp | Options Chain | 2.74 | 2.91 | 1.08 | 5.00 | 0.22 | 0.24 | 399 | 262 | -0.23 | -0.09 | 231.83 | 220.00 | 11/20/2026 | Yes | 9 | 52 | None | |
| NEE | NextEra Energy Inc | Options Chain | 1.04 | 1.25 | 0.54 | 2.50 | 0.22 | 0.26 | 13 | 26 | -0.25 | -0.03 | 76.35 | 72.50 | 11/20/2026 | Yes | 7 | 63 | None | |
| MET | Metlife Inc | Options Chain | 1.25 | 1.60 | 0.53 | 2.50 | 0.21 | 0.30 | 0 | 1 | -0.24 | -0.04 | 94.35 | 87.50 | 11/20/2026 | Yes | 15 | 60 | None | |
| CGNX | Cognex Corp | Options Chain | 1.80 | 3.20 | 1.02 | 5.00 | 0.20 | 0.52 | 48 | 31 | -0.30 | -0.05 | 61.60 | 60.00 | 11/20/2026 | Yes | 14 | 55 | None | |
| EIX | Edison International | Options Chain | 1.25 | 1.75 | 0.50 | 2.50 | 0.20 | 0.36 | 27 | 3 | -0.28 | -0.02 | 53.80 | 50.00 | 11/20/2026 | Yes | 15 | 62 | None | |
| KEY | Keycorp | Options Chain | 0.30 | 0.45 | 0.20 | 1.00 | 0.20 | 0.30 | 31 | 1 | -0.26 | -0.01 | 20.05 | 19.00 | 11/20/2026 | Yes | 10 | 59 | None | |
| CX | Cemex S.A.B. De C.V. | Options Chain | 0.05 | 1.10 | 0.20 | 1.00 | 0.20 | 0.30 | 10 | 0 | -0.30 | 0.00 | 9.40 | 9.00 | 11/20/2026 | Yes | 12 | 42 | None | |
| KO | Coca-Cola Company | Options Chain | 1.11 | 1.23 | 0.49 | 2.50 | 0.20 | 0.21 | 185 | 135 | -0.28 | -0.03 | 86.10 | 82.50 | 11/20/2026 | Yes | 9 | 61 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.55 | 1.80 | 0.48 | 2.50 | 0.19 | 0.34 | 47 | 7 | -0.27 | -0.03 | 79.81 | 75.00 | 11/20/2026 | Yes | 17 | 52 | None | |
| USB | U.S. Bancorp. | Options Chain | 0.90 | 1.30 | 0.48 | 2.50 | 0.19 | 0.27 | 55 | 55 | -0.30 | -0.03 | 57.36 | 55.00 | 11/20/2026 | Yes | 15 | 75 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.71 | 0.77 | 0.19 | 1.00 | 0.19 | 0.29 | 523 | 152 | -0.21 | -0.02 | 53.72 | 50.00 | 11/20/2026 | Yes | 12 | 74 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.36 | 0.51 | 0.19 | 1.00 | 0.19 | 0.26 | 23 | 2 | -0.23 | -0.01 | 30.53 | 29.00 | 11/20/2026 | Yes | 12 | 67 | None | |
| AZN | Astrazeneca plc | Options Chain | 2.45 | 2.85 | 0.92 | 5.00 | 0.18 | 0.34 | 1 | 20 | -0.22 | -0.08 | 158.11 | 145.00 | 11/20/2026 | Yes | 14 | 69 | None | |
| KR | Kroger Company | Options Chain | 0.79 | 1.00 | 0.45 | 2.50 | 0.18 | 0.29 | 10 | 2 | -0.24 | -0.02 | 59.48 | 55.00 | 11/20/2026 | No | 10 | 55 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.21 | 1.50 | 0.45 | 2.50 | 0.18 | 0.30 | 131 | 73 | -0.25 | -0.03 | 80.25 | 75.00 | 11/20/2026 | Yes | 16 | 75 | None | |
| F | Ford Motor Company | Options Chain | 0.27 | 0.30 | 0.18 | 1.00 | 0.18 | 0.41 | 357 | 78 | -0.25 | 0.00 | 12.27 | 11.00 | 11/20/2026 | Yes | 9 | 51 | None | |
| HBAN | Huntington Bancshares Inc | Options Chain | 0.05 | 0.55 | 0.17 | 1.00 | 0.17 | 0.35 | 0 | 1 | -0.22 | -0.01 | 15.19 | 14.00 | 11/20/2026 | Yes | 10 | 58 | None | |
| LYB | LyondellBasell Industries NV - Class A | Options Chain | 1.00 | 1.50 | 0.42 | 2.50 | 0.17 | 0.44 | 0 | 2 | -0.22 | -0.03 | 57.78 | 52.50 | 11/20/2026 | Yes | 9 | 57 | None | |
| DOW | Dow Inc | Options Chain | 0.49 | 0.58 | 0.41 | 2.50 | 0.16 | 0.42 | 8 | 0 | -0.21 | -0.02 | 27.59 | 25.00 | 11/20/2026 | Yes | 8 | 53 | None |