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 implementation ensures that the short strike always has a Delta value greater than or equal to -0.30.
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ADBE | Adobe Inc | Options Chain | 7.15 | 8.85 | 3.21 | 5.00 | 0.64 | 0.51 | 266 | 789 | -0.27 | -0.20 | 250.80 | 225.00 | 7/2/2026 | Yes | 8 | 54 | None | |
| TE | T1 Energy Inc | Options Chain | 0.80 | 1.30 | 0.27 | 0.50 | 0.54 | 1.55 | 7 | 5 | -0.27 | -0.02 | 8.70 | 7.50 | 7/2/2026 | No | 3 | 16 | None | |
| KMI | Kinder Morgan Inc - Class P | Options Chain | 0.20 | 1.17 | 0.45 | 1.00 | 0.45 | 0.29 | 3 | 3 | -0.28 | -0.01 | 33.59 | 32.00 | 7/2/2026 | No | 8 | 60 | None | |
| BE | Bloom Energy Corp - Class A | Options Chain | 22.65 | 25.90 | 2.23 | 5.00 | 0.45 | 1.04 | 6 | 4 | -0.29 | -0.46 | 280.87 | 270.00 | 7/2/2026 | No | 4 | 51 | None | |
| SNOW | Snowflake Inc - Class A | Options Chain | 7.60 | 11.30 | 1.85 | 5.00 | 0.37 | 0.71 | 1 | 2 | -0.30 | -0.16 | 166.97 | 150.00 | 7/2/2026 | Yes | 3 | 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 | |
| CRM | Salesforce Inc | Options Chain | 3.70 | 7.40 | 1.77 | 5.00 | 0.35 | 0.51 | 1 | 15 | -0.26 | -0.13 | 180.10 | 160.00 | 7/2/2026 | Yes | 15 | 70 | None | |
| ORCL | Oracle Corp | Options Chain | 8.05 | 9.80 | 0.88 | 2.50 | 0.35 | 0.64 | 53 | 52 | -0.30 | -0.18 | 188.16 | 175.00 | 7/2/2026 | Yes | 7 | 61 | None | |
| VRT | Vertiv Holdings Co - Class A | Options Chain | 13.55 | 17.65 | 1.72 | 5.00 | 0.34 | 0.65 | 10 | 1 | -0.29 | -0.32 | 315.67 | 300.00 | 7/2/2026 | No | 8 | 55 | None | |
| GOOG | Alphabet Inc - Class C | Options Chain | 7.30 | 9.80 | 1.70 | 5.00 | 0.34 | 0.32 | 3 | 13 | -0.30 | -0.19 | 384.90 | 370.00 | 7/2/2026 | No | 12 | 70 | None |