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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AU | AngloGold Ashanti Plc. | Options Chain | 4.50 | 5.30 | 1.82 | 5.00 | 0.36 | 0.55 | 9 | 2 | -0.30 | -0.10 | 118.20 | 105.00 | 10/16/2026 | No | 16 | 64 |
Dividend Stock List |
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| VZ | Verizon Communications Inc | Options Chain | 0.52 | 1.02 | 0.35 | 1.00 | 0.35 | 0.26 | 341 | 43 | -0.23 | -0.01 | 49.45 | 47.00 | 10/16/2026 | No | 8 | 64 | None | |
| ALLY | Ally Financial Inc | Options Chain | 0.50 | 1.15 | 0.35 | 1.00 | 0.35 | 0.31 | 2 | 0 | -0.25 | -0.02 | 43.10 | 40.00 | 10/16/2026 | Yes | 15 | 78 | None | |
| EIX | Edison International | Options Chain | 1.10 | 3.10 | 0.85 | 2.50 | 0.34 | 0.41 | 34 | 13 | -0.29 | -0.03 | 74.14 | 65.00 | 10/16/2026 | No | 10 | 63 | None | |
| ORCL | Oracle Corp | Options Chain | 6.45 | 6.75 | 1.62 | 5.00 | 0.32 | 0.63 | 274 | 249 | -0.27 | -0.12 | 151.59 | 135.00 | 10/16/2026 | Yes | 10 | 67 | None | |
| GLW | Corning Inc | Options Chain | 6.00 | 6.30 | 1.60 | 5.00 | 0.32 | 0.58 | 152 | 52 | -0.28 | -0.12 | 151.97 | 135.00 | 10/16/2026 | No | 9 | 52 | None | |
| HAL | Halliburton Company | Options Chain | 0.90 | 1.04 | 0.32 | 1.00 | 0.32 | 0.36 | 1 | 11 | -0.30 | -0.02 | 35.65 | 34.00 | 10/16/2026 | No | 12 | 56 | None | |
| AVGO | Broadcom Inc | Options Chain | 11.00 | 11.80 | 3.02 | 10.00 | 0.30 | 0.45 | 326 | 238 | -0.28 | -0.22 | 370.92 | 340.00 | 10/16/2026 | Yes | 10 | 62 | None | |
| MSFT | Microsoft Corporation | Options Chain | 8.45 | 8.95 | 1.47 | 5.00 | 0.29 | 0.26 | 333 | 437 | -0.27 | -0.21 | 503.09 | 490.00 | 10/16/2026 | No | 14 | 72 | None | |
| HPQ | HP Inc | Options Chain | 0.90 | 0.96 | 0.29 | 1.00 | 0.29 | 0.44 | 12 | 56 | -0.28 | -0.01 | 29.50 | 28.00 | 10/16/2026 | Yes | 12 | 45 | None | |
| MPC | Marathon Petroleum Corp | Options Chain | 10.10 | 11.00 | 2.80 | 10.00 | 0.28 | 0.43 | 5 | 23 | -0.27 | -0.22 | 362.26 | 340.00 | 10/16/2026 | No | 11 | 62 | None | |
| DAL | Delta Air Lines Inc | Options Chain | 2.16 | 2.33 | 0.70 | 2.50 | 0.28 | 0.40 | 103 | 252 | -0.28 | -0.05 | 81.33 | 75.00 | 10/16/2026 | Yes | 13 | 67 | None | |
| ADM | Archer Daniels Midland Company | Options Chain | 1.80 | 2.05 | 0.70 | 2.50 | 0.28 | 0.32 | 2 | 22 | -0.30 | -0.04 | 79.65 | 77.50 | 10/16/2026 | No | 16 | 52 | None | |
| STM | ST Microelectronics | Options Chain | 1.55 | 1.75 | 0.27 | 1.00 | 0.27 | 0.50 | 56 | 137 | -0.27 | -0.03 | 51.08 | 45.00 | 10/16/2026 | No | 12 | 53 | None | |
| MCD | McDonald`s Corp | Options Chain | 3.75 | 4.00 | 1.34 | 5.00 | 0.27 | 0.21 | 61 | 104 | -0.30 | -0.07 | 261.13 | 255.00 | 10/16/2026 | No | 9 | 59 | None | |
| TTE | TotalEnergies SE | Options Chain | 1.50 | 1.70 | 0.67 | 2.50 | 0.27 | 0.25 | 0 | 7 | -0.30 | -0.02 | 88.99 | 82.50 | 10/16/2026 | No | 15 | 54 | None | |
| CRM | Salesforce Inc | Options Chain | 6.65 | 7.50 | 2.63 | 10.00 | 0.26 | 0.39 | 482 | 438 | -0.29 | -0.14 | 251.65 | 240.00 | 10/16/2026 | Yes | 15 | 70 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 9.05 | 9.50 | 2.58 | 10.00 | 0.26 | 0.35 | 120 | 169 | -0.26 | -0.18 | 425.62 | 390.00 | 10/16/2026 | Yes | 23 | 66 |
Dividend Stock List |
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| EXC | Exelon Corp | Options Chain | 0.50 | 0.80 | 0.25 | 1.00 | 0.25 | 0.21 | 21 | 20 | -0.27 | -0.01 | 44.12 | 42.00 | 10/16/2026 | No | 11 | 64 | None | |
| TGT | Target Corp | Options Chain | 3.15 | 3.40 | 1.24 | 5.00 | 0.25 | 0.29 | 58 | 25 | -0.28 | -0.07 | 165.55 | 155.00 | 10/16/2026 | No | 10 | 64 | None | |
| VST | Vistra Corp | Options Chain | 3.05 | 3.30 | 1.22 | 5.00 | 0.24 | 0.42 | 58 | 918 | -0.24 | -0.07 | 140.16 | 125.00 | 10/16/2026 | No | 8 | 54 | None | |
| XOM | Exxon Mobil Corp | Options Chain | 2.95 | 3.35 | 1.22 | 5.00 | 0.24 | 0.27 | 156 | 311 | -0.30 | -0.07 | 156.58 | 150.00 | 10/16/2026 | No | 11 | 66 | None | |
| FCX | Freeport-McMoRan Inc | Options Chain | 2.21 | 2.44 | 1.21 | 5.00 | 0.24 | 0.47 | 172 | 258 | -0.27 | -0.05 | 78.34 | 70.00 | 10/16/2026 | No | 11 | 59 | None | |
| QCOM | Qualcomm Inc | Options Chain | 3.55 | 4.00 | 1.20 | 5.00 | 0.24 | 0.40 | 40 | 72 | -0.25 | -0.08 | 164.95 | 150.00 | 10/16/2026 | No | 12 | 71 | None | |
| WFC | Wells Fargo & Company | Options Chain | 1.56 | 1.72 | 0.60 | 2.50 | 0.24 | 0.28 | 571 | 159 | -0.29 | -0.04 | 84.86 | 82.50 | 10/16/2026 | Yes | 16 | 74 | None | |
| IBM | International Business Machines Corp | Options Chain | 3.95 | 4.40 | 1.13 | 5.00 | 0.23 | 0.32 | 87 | 111 | -0.25 | -0.11 | 237.59 | 220.00 | 10/16/2026 | No | 9 | 66 | None | |
| JPM | JPMorgan Chase & Company | Options Chain | 5.50 | 6.20 | 1.07 | 5.00 | 0.21 | 0.25 | 212 | 64 | -0.28 | -0.11 | 354.20 | 340.00 | 10/16/2026 | Yes | 12 | 80 | None | |
| C | Citigroup Inc | Options Chain | 2.31 | 2.50 | 1.06 | 5.00 | 0.21 | 0.30 | 154 | 9176 | -0.26 | -0.06 | 132.68 | 125.00 | 10/16/2026 | Yes | 14 | 69 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.64 | 2.03 | 1.05 | 5.00 | 0.21 | 0.26 | 56 | 11 | -0.27 | -0.04 | 107.87 | 105.00 | 10/16/2026 | Yes | 16 | 72 | None | |
| EPD | Enterprise Products Partners L P | Options Chain | 0.32 | 0.66 | 0.21 | 1.00 | 0.21 | 0.17 | 10 | 10 | -0.30 | -0.01 | 39.05 | 38.00 | 10/16/2026 | No | 12 | 68 | None | |
| NVO | Novo Nordisk | Options Chain | 0.89 | 0.96 | 0.52 | 2.50 | 0.21 | 0.34 | 1842 | 113 | -0.25 | -0.02 | 46.40 | 42.50 | 10/16/2026 | No | 14 | 58 | None | |
| TXN | Texas Instruments Inc | Options Chain | 5.55 | 6.15 | 2.07 | 10.00 | 0.21 | 0.37 | 29 | 49 | -0.26 | -0.14 | 266.08 | 240.00 | 10/16/2026 | No | 13 | 68 | None | |
| CVX | Chevron Corp | Options Chain | 2.49 | 2.73 | 1.03 | 5.00 | 0.21 | 0.25 | 302 | 95 | -0.23 | -0.07 | 199.86 | 190.00 | 10/16/2026 | No | 13 | 77 | None | |
| HPE | Hewlett Packard Enterprise Company | Options Chain | 1.59 | 1.89 | 1.01 | 5.00 | 0.20 | 0.64 | 64 | 27 | -0.22 | -0.04 | 54.32 | 45.00 | 10/16/2026 | Yes | 9 | 54 | None | |
| IVZ | Invesco Ltd | Options Chain | 0.70 | 0.85 | 0.20 | 1.00 | 0.20 | 0.35 | 3 | 5 | -0.27 | -0.02 | 33.31 | 31.00 | 10/16/2026 | No | 7 | 58 | None | |
| OKE | Oneok Inc | Options Chain | 1.55 | 1.85 | 0.97 | 5.00 | 0.19 | 0.28 | 131 | 16 | -0.27 | -0.04 | 94.71 | 90.00 | 10/16/2026 | No | 11 | 64 | None | |
| UNP | Union Pacific Corp | Options Chain | 3.30 | 6.90 | 0.95 | 5.00 | 0.19 | 0.23 | 39 | 3 | -0.30 | -0.09 | 306.92 | 295.00 | 10/16/2026 | No | 10 | 73 | None | |
| F | Ford Motor Company | Options Chain | 0.24 | 0.27 | 0.18 | 1.00 | 0.18 | 0.32 | 905 | 73 | -0.25 | -0.01 | 13.97 | 13.00 | 10/16/2026 | No | 9 | 48 | None | |
| OVV | Ovintiv Inc | Options Chain | 1.40 | 1.50 | 0.87 | 5.00 | 0.17 | 0.37 | 32 | 26 | -0.27 | -0.03 | 65.18 | 60.00 | 10/16/2026 | No | 13 | 72 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.73 | 0.80 | 0.43 | 2.50 | 0.17 | 0.43 | 588 | 81 | -0.20 | -0.01 | 38.47 | 35.00 | 10/16/2026 | Yes | 14 | 59 | None | |
| RF | Regions Financial Corp | Options Chain | 0.30 | 0.60 | 0.17 | 1.00 | 0.17 | 0.30 | 23 | 0 | -0.22 | -0.01 | 30.39 | 28.00 | 10/16/2026 | Yes | 16 | 70 | None | |
| NEE | NextEra Energy Inc | Options Chain | 0.77 | 0.87 | 0.42 | 2.50 | 0.17 | 0.21 | 665 | 30 | -0.22 | -0.03 | 83.61 | 77.50 | 10/16/2026 | No | 7 | 65 | None | |
| MO | Altria Group Inc | Options Chain | 0.92 | 1.10 | 0.42 | 2.50 | 0.17 | 0.22 | 59 | 36 | -0.22 | -0.01 | 67.86 | 65.00 | 10/16/2026 | No | 9 | 66 | None | |
| SLB | SLB | Options Chain | 1.00 | 1.13 | 0.42 | 2.50 | 0.17 | 0.35 | 117 | 45 | -0.24 | -0.02 | 55.20 | 52.50 | 10/16/2026 | Yes | 8 | 65 | None | |
| KO | Coca-Cola Company | Options Chain | 0.76 | 0.86 | 0.40 | 2.50 | 0.16 | 0.19 | 154 | 138 | -0.23 | -0.02 | 89.36 | 85.00 | 10/16/2026 | No | 9 | 61 | None | |
| JNJ | Johnson & Johnson | Options Chain | 2.69 | 3.25 | 1.56 | 10.00 | 0.16 | 0.26 | 122 | 108 | -0.20 | -0.09 | 266.00 | 250.00 | 10/16/2026 | Yes | 9 | 66 | None | |
| CSCO | Cisco Systems Inc | Options Chain | 1.16 | 1.26 | 0.39 | 2.50 | 0.16 | 0.30 | 153 | 57 | -0.18 | -0.04 | 112.09 | 100.00 | 10/16/2026 | No | 9 | 58 | None | |
| PPL | PPL Corp | Options Chain | 0.25 | 0.45 | 0.15 | 1.00 | 0.15 | 0.23 | 0 | 1 | -0.21 | -0.01 | 34.56 | 32.00 | 10/16/2026 | No | 7 | 60 | None | |
| INFY | Infosys Ltd | Options Chain | 0.15 | 0.45 | 0.15 | 1.00 | 0.15 | 0.41 | 21 | 0 | -0.25 | -0.01 | 11.85 | 11.00 | 10/16/2026 | Yes | 16 | 51 | None |