Low Delta 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 ensures that the short strike always has a delta value greater than or equal to -0.30.

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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 Lists
CLSK Cleanspark Inc Options Chain 2.00 2.65 0.50 0.50 1.00 1.66 4 7 -0.28 -0.04 17.43 15.00 4/26 No 8 None
RIG Transocean Ltd Options Chain 0.07 0.80 0.40 0.50 0.80 1.10 50 10 -0.20 0.00 5.77 5.00 4/26 No 5 None
NET Cloudflare Inc - Class A Options Chain 2.90 3.10 0.58 1.00 0.58 0.50 4 2 -0.29 -0.08 94.64 88.00 4/26 Yes 6 None
GOOG Alphabet Inc - Class C Options Chain 2.97 3.25 0.58 1.00 0.58 0.32 46 4 -0.30 -0.09 142.17 142.00 4/26 Yes 16 None
RIOT Riot Platforms Inc Options Chain 0.85 0.87 0.29 0.50 0.58 1.09 41 2 -0.28 -0.02 11.43 10.00 4/26 No 11 None
XPEV XPeng Inc Options Chain 0.42 0.45 0.24 0.50 0.48 0.80 12 10 -0.25 -0.01 9.82 8.50 4/26 Yes 11 None
SOUN Options Chain 1.05 1.20 0.45 1.00 0.45 1.69 49 154 -0.29 -0.02 8.24 7.00 4/26 No 3 None
DKNG DraftKings Inc - Class A Options Chain 0.98 1.25 0.42 1.00 0.42 0.46 25 47 -0.25 -0.03 41.78 40.00 4/26 No 5 None
GOOGL Alphabet Inc - Class A Options Chain 2.84 3.35 0.42 1.00 0.42 0.32 159 119 -0.29 -0.08 141.18 141.00 4/26 Yes 16 None
NFLX Netflix Inc Options Chain 17.40 19.05 2.03 5.00 0.41 0.45 8 68 -0.29 -0.46 618.39 580.00 4/26 Yes 8 None
MARA Marathon Digital Holdings Inc Options Chain 1.89 2.02 0.40 1.00 0.40 1.29 17 7 -0.30 -0.04 19.41 17.00 4/26 No 14 None
COIN Coinbase Global Inc - Class A Options Chain 13.55 14.30 1.93 5.00 0.39 0.84 17 13 -0.29 -0.30 242.36 215.00 4/26 No 9 None
NVDA NVIDIA Corp Options Chain 32.90 33.85 1.90 5.00 0.38 0.56 33 21 -0.29 -0.80 884.55 820.00 4/26 No 14 None
PDD PDD Holdings Inc Options Chain 5.65 5.90 0.38 1.00 0.38 0.65 11 2 -0.29 -0.13 128.71 118.00 4/26 Yes 16 None
AFRM Affirm Holdings Inc - Class A Options Chain 1.97 2.18 0.36 1.00 0.36 0.83 3 4 -0.30 -0.04 34.21 31.00 4/26 No 4 None
NCLH Norwegian Cruise Line Holdings Ltd Options Chain 0.50 0.63 0.18 0.50 0.36 0.44 20 22 -0.30 -0.02 19.65 18.50 4/26 No 9 None
ARM Options Chain 4.80 5.25 1.78 5.00 0.36 0.70 45 39 -0.25 -0.14 129.75 115.00 4/26 No 3 None
ENPH Enphase Energy Inc Options Chain 4.30 6.20 1.77 5.00 0.35 0.69 21 18 -0.27 -0.12 107.73 100.00 4/26 Yes 11 None
SQ Block Inc - Class A Options Chain 2.44 2.65 0.35 1.00 0.35 0.47 10 8 -0.30 -0.06 80.86 76.00 4/26 No 10 None
MU Micron Technology Inc Options Chain 3.10 3.25 0.34 1.00 0.34 0.52 3 3 -0.29 -0.08 93.78 87.00 4/26 Yes 5 None
SNAP Snap Inc - Class A Options Chain 0.64 0.67 0.17 0.50 0.34 0.83 141 200 -0.29 -0.01 11.06 10.00 4/26 Yes 7 None