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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SMCI | Super Micro Computer Inc | Options Chain | 2.30 | 3.50 | 0.80 | 1.00 | 0.80 | 0.98 | 10 | 7 | -0.30 | -0.05 | 31.59 | 28.00 | 1/31 | Yes | 17 | 51 | None | |
| PLTR | Palantir Technologies Inc - Class A | Options Chain | 3.80 | 4.60 | 0.70 | 1.00 | 0.70 | 0.69 | 62 | 349 | -0.30 | -0.08 | 80.55 | 74.00 | 1/31 | No | 11 | 49 | None | |
| BAC | Bank Of America Corp | Options Chain | 0.71 | 1.72 | 0.63 | 1.00 | 0.63 | 0.29 | 56 | 58 | -0.26 | -0.02 | 44.17 | 42.00 | 1/31 | Yes | 10 | 71 | None | |
| KO | Coca-Cola Company | Options Chain | 0.00 | 2.02 | 0.56 | 1.00 | 0.56 | 0.20 | 2 | 23 | -0.27 | -0.02 | 62.45 | 61.00 | 1/31 | No | 9 | 68 | None | |
| ABNB | Airbnb Inc - Class A | Options Chain | 2.72 | 3.25 | 0.56 | 1.00 | 0.56 | 0.33 | 1 | 7 | -0.29 | -0.08 | 134.21 | 128.00 | 1/31 | No | 12 | 43 | None | |
| CLF | Cleveland-Cliffs Inc | Options Chain | 0.34 | 0.66 | 0.28 | 0.50 | 0.56 | 0.75 | 6 | 5 | -0.27 | -0.01 | 9.33 | 8.50 | 1/31 | Yes | 6 | 37 | None | |
| QUBT | Quantum Computing Inc | Options Chain | 2.60 | 4.10 | 0.53 | 1.00 | 0.53 | 2.28 | 17 | 82 | -0.28 | -0.04 | 17.62 | 14.00 | 1/31 | No | 5 | 31 | None | |
| RIOT | Riot Platforms Inc | Options Chain | 0.80 | 0.98 | 0.26 | 0.50 | 0.52 | 1.03 | 24 | 61 | -0.27 | -0.02 | 11.55 | 10.00 | 1/31 | No | 14 | 40 | None | |
| T | AT&T Inc | Options Chain | 0.36 | 0.42 | 0.24 | 0.50 | 0.48 | 0.29 | 18 | 20 | -0.27 | -0.01 | 22.75 | 21.50 | 1/31 | Yes | 11 | 68 | None | |
| SOFI | SoFi Technologies Inc | Options Chain | 0.85 | 1.05 | 0.23 | 0.50 | 0.46 | 0.79 | 176 | 49 | -0.30 | -0.02 | 15.35 | 14.00 | 1/31 | Yes | 6 | 30 | None | |
| COIN | Coinbase Global Inc - Class A | Options Chain | 15.10 | 17.85 | 2.28 | 5.00 | 0.46 | 0.76 | 14 | 71 | -0.30 | -0.31 | 273.92 | 255.00 | 1/31 | No | 12 | 40 | None | |
| CVNA | Carvana Co. - Class A | Options Chain | 10.75 | 14.00 | 2.15 | 5.00 | 0.43 | 0.72 | 3 | 8 | -0.30 | -0.24 | 222.98 | 205.00 | 1/31 | No | 8 | 44 | None | |
| C | Citigroup Inc | Options Chain | 0.51 | 1.85 | 0.43 | 1.00 | 0.43 | 0.29 | 3 | 1 | -0.27 | -0.03 | 69.19 | 66.00 | 1/31 | Yes | 13 | 84 | None | |
| UAL | United Airlines Holdings Inc | Options Chain | 3.20 | 3.95 | 0.40 | 1.00 | 0.40 | 0.54 | 2 | 2 | -0.29 | -0.08 | 97.40 | 90.00 | 1/31 | Yes | 12 | 67 | None | |
| RGTI | Options Chain | 1.30 | 1.75 | 0.20 | 0.50 | 0.40 | 1.99 | 276 | 87 | -0.28 | -0.02 | 9.37 | 8.00 | 1/31 | No | 3 | 16 | None | ||
| INTC | Intel Corp | Options Chain | 0.87 | 0.94 | 0.20 | 0.50 | 0.40 | 0.64 | 60 | 552 | -0.30 | -0.02 | 19.06 | 18.00 | 1/31 | Yes | 7 | 51 | None | |
| CRM | Salesforce Inc | Options Chain | 6.20 | 7.75 | 1.95 | 5.00 | 0.39 | 0.29 | 1 | 44 | -0.29 | -0.17 | 336.23 | 330.00 | 1/31 | No | 14 | 66 | None | |
| MSTR | Microstrategy Inc - Class A | Options Chain | 30.45 | 32.60 | 1.88 | 5.00 | 0.38 | 1.08 | 6 | 56 | -0.30 | -0.58 | 326.46 | 325.00 | 1/31 | No | 4 | 53 | None | |
| TSLA | Tesla Inc | Options Chain | 23.85 | 25.70 | 1.80 | 5.00 | 0.36 | 0.76 | 227 | 304 | -0.30 | -0.45 | 421.06 | 385.00 | 1/31 | Yes | 10 | 60 | None |