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 | Lists |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EH | EHang Holdings Ltd | Options Chain | 1.25 | 2.25 | 0.80 | 1.00 | 0.80 | 1.10 | 253 | 13 | -0.28 | -0.03 | 17.52 | 15.00 | 11/15 | No | 12 | None | |
| NIO | NIO Inc | Options Chain | 0.50 | 0.61 | 0.36 | 0.50 | 0.72 | 0.98 | 22 | 11 | -0.30 | -0.01 | 6.77 | 6.00 | 11/22 | No | 9 | None | |
| SMCI | Super Micro Computer Inc | Options Chain | 2.75 | 3.60 | 0.68 | 1.00 | 0.68 | 0.89 | 1 | 2 | -0.30 | -0.05 | 41.23 | 37.00 | 11/22 | Yes | 16 | None | |
| TIGR | UP Fintech Holding Ltd | Options Chain | 2.30 | 2.45 | 0.65 | 1.00 | 0.65 | 1.97 | 738 | 449 | -0.30 | -0.03 | 12.39 | 11.00 | 11/15 | No | 13 | None | |
| BABA | Alibaba Group Holding Ltd | Options Chain | 4.45 | 4.85 | 0.60 | 1.00 | 0.60 | 0.53 | 10 | 7 | -0.30 | -0.10 | 114.53 | 106.00 | 11/22 | Yes | 18 | None | |
| MSTR | Microstrategy Inc - Class A | Options Chain | 12.65 | 15.30 | 2.68 | 5.00 | 0.54 | 0.98 | 31 | 515 | -0.29 | -0.23 | 176.51 | 155.00 | 11/22 | Yes | 4 | None | |
| BROS | Dutch Bros Inc - Class A | Options Chain | 1.35 | 1.45 | 0.53 | 1.00 | 0.53 | 0.60 | 32 | 6 | -0.30 | -0.03 | 32.53 | 30.00 | 11/15 | Yes | 10 | None | |
| GOOG | Alphabet Inc - Class C | Options Chain | 3.75 | 5.00 | 2.59 | 5.00 | 0.52 | 0.32 | 4 | 5 | -0.28 | -0.08 | 168.56 | 160.00 | 11/22 | Yes | 17 | None | |
| WBD | Options Chain | 0.27 | 0.51 | 0.25 | 0.50 | 0.50 | 0.54 | 3 | 1 | -0.29 | -0.01 | 7.78 | 7.00 | 11/22 | No | 3 | None | ||
| ASTS | AST SpaceMobile Inc - Class A | Options Chain | 2.55 | 3.20 | 0.48 | 1.00 | 0.48 | 1.21 | 2 | 1 | -0.30 | -0.04 | 26.11 | 23.00 | 11/22 | Yes | 6 | None | |
| KNX | Knight-Swift Transportation Holdings Inc - Class A | Options Chain | 1.05 | 3.30 | 1.18 | 2.50 | 0.47 | 0.37 | 11 | 4 | -0.30 | -0.03 | 49.85 | 47.50 | 11/15 | Yes | 8 | None | |
| COIN | Coinbase Global Inc - Class A | Options Chain | 10.30 | 13.45 | 2.35 | 5.00 | 0.47 | 0.79 | 6 | 4 | -0.30 | -0.19 | 170.91 | 155.00 | 11/22 | Yes | 12 | None | |
| ZIM | Zim Integrated Shipping Services Ltd | Options Chain | 0.79 | 1.12 | 0.46 | 1.00 | 0.46 | 0.81 | 11 | 14 | -0.25 | -0.02 | 18.95 | 16.00 | 11/22 | Yes | 14 | None | |
| TEX | Terex Corp | Options Chain | 1.50 | 2.05 | 0.45 | 1.00 | 0.45 | 0.46 | 4 | 3 | -0.29 | -0.04 | 51.51 | 48.00 | 11/15 | Yes | 13 | None | |
| EIX | Edison International | Options Chain | 1.40 | 2.50 | 1.10 | 2.50 | 0.44 | 0.25 | 11 | 2 | -0.29 | -0.02 | 86.18 | 82.50 | 11/15 | Yes | 10 | None | |
| INTC | Intel Corp | Options Chain | 0.95 | 1.22 | 0.22 | 0.50 | 0.44 | 0.62 | 20 | 30 | -0.27 | -0.02 | 22.59 | 20.50 | 11/22 | Yes | 8 | None | |
| RIVN | Rivian Automotive Inc - Class A | Options Chain | 0.52 | 0.89 | 0.22 | 0.50 | 0.44 | 0.83 | 15 | 10 | -0.29 | -0.01 | 10.44 | 9.50 | 11/22 | Yes | 10 | None | |
| VZ | Verizon Communications Inc | Options Chain | 0.99 | 1.32 | 0.43 | 1.00 | 0.43 | 0.27 | 13 | 7 | -0.28 | -0.01 | 44.18 | 43.00 | 11/22 | Yes | 8 | None | |
| CLSK | Cleanspark Inc | Options Chain | 0.88 | 1.02 | 0.21 | 0.50 | 0.42 | 1.11 | 2 | 6 | -0.30 | -0.01 | 9.58 | 8.50 | 11/22 | No | 7 | None | |
| CVNA | Carvana Co. - Class A | Options Chain | 9.80 | 11.85 | 2.08 | 5.00 | 0.42 | 0.79 | 4 | 1 | -0.28 | -0.19 | 180.17 | 160.00 | 11/22 | Yes | 8 | None | |
| CAPR | Capricor Therapeutics Inc | Options Chain | 1.90 | 2.30 | 0.98 | 2.50 | 0.39 | 1.36 | 273 | 430 | -0.26 | -0.03 | 21.65 | 17.50 | 11/15 | Yes | 8 | None | |
| TSLA | Tesla Inc | Options Chain | 10.75 | 11.50 | 1.90 | 5.00 | 0.38 | 0.63 | 20 | 9 | -0.27 | -0.21 | 250.08 | 225.00 | 11/22 | Yes | 11 | None | |
| JBLU | Jetblue Airways Corp | Options Chain | 0.31 | 0.44 | 0.19 | 0.50 | 0.38 | 0.71 | 10 | 13 | -0.28 | -0.01 | 7.30 | 6.50 | 11/22 | Yes | 8 | None | |
| PLTR | Palantir Technologies Inc - Class A | Options Chain | 1.49 | 1.75 | 0.37 | 1.00 | 0.37 | 0.60 | 45 | 63 | -0.26 | -0.03 | 40.01 | 36.00 | 11/22 | Yes | 12 | None | |
| MSFT | Microsoft Corporation | Options Chain | 7.50 | 8.30 | 1.83 | 5.00 | 0.37 | 0.29 | 4 | 11 | -0.27 | -0.18 | 416.06 | 395.00 | 11/22 | Yes | 14 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.01 | 1.23 | 0.36 | 1.00 | 0.36 | 0.32 | 1 | 1 | -0.27 | -0.03 | 53.96 | 51.00 | 11/22 | Yes | 9 | None | |
| PYPL | PayPal Holdings Inc | Options Chain | 2.20 | 2.70 | 0.36 | 1.00 | 0.36 | 0.42 | 19 | 1 | -0.28 | -0.05 | 79.36 | 74.00 | 11/22 | Yes | 13 | None | |
| RIOT | Riot Platforms Inc | Options Chain | 0.53 | 0.65 | 0.18 | 0.50 | 0.36 | 1.05 | 2 | 2 | -0.25 | -0.02 | 7.85 | 7.00 | 11/22 | Yes | 17 | None | |
| OHI | Omega Healthcare Investors Inc | Options Chain | 0.50 | 0.90 | 0.35 | 1.00 | 0.35 | 0.25 | 1 | 8 | -0.22 | -0.01 | 39.35 | 37.00 | 11/15 | Yes | 10 | None | |
| AMSC | American Superconductor Corp | Options Chain | 1.35 | 1.50 | 0.35 | 1.00 | 0.35 | 0.89 | 14 | 8 | -0.27 | -0.03 | 23.96 | 21.00 | 11/15 | Yes | 11 | None | |
| CDLX | Cardlytics Inc | Options Chain | 0.35 | 0.50 | 0.35 | 1.00 | 0.35 | 1.46 | 1 | 10 | -0.29 | -0.01 | 3.29 | 3.00 | 11/15 | Yes | 9 | None | |
| NVDA | NVIDIA Corp | Options Chain | 5.40 | 5.90 | 0.35 | 1.00 | 0.35 | 0.57 | 252 | 28 | -0.30 | -0.10 | 124.92 | 115.00 | 11/22 | Yes | 17 | None | |
| BP | BP plc | Options Chain | 0.68 | 0.96 | 0.34 | 1.00 | 0.34 | 0.31 | 1 | 1 | -0.29 | -0.01 | 32.88 | 31.00 | 11/22 | Yes | 13 | None | |
| PLL | Piedmont Lithium Inc | Options Chain | 0.75 | 0.90 | 0.33 | 1.00 | 0.33 | 1.11 | 61 | 206 | -0.25 | -0.02 | 11.89 | 10.00 | 11/15 | Yes | 13 | None |