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.

Download as spreadsheet Download

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