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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BBAI | BigBear.ai Holdings Inc | Options Chain | 0.57 | 0.75 | 0.26 | 0.50 | 0.52 | 1.09 | 3 | 21 | -0.30 | -0.01 | 6.03 | 6.00 | 2/6/2026 | No | 5 | 17 | None | |
| AMD | Advanced Micro Devices Inc | Options Chain | 7.55 | 8.50 | 1.85 | 5.00 | 0.37 | 0.51 | 2 | 9 | -0.30 | -0.17 | 215.04 | 200.00 | 2/6/2026 | Yes | 11 | 61 | None | |
| NKE | Nike Inc - Class B | Options Chain | 0.97 | 1.59 | 0.37 | 1.00 | 0.37 | 0.28 | 4 | 17 | -0.30 | -0.03 | 60.00 | 58.00 | 2/6/2026 | No | 8 | 57 | None | |
| MU | Micron Technology Inc | Options Chain | 11.10 | 13.45 | 1.80 | 5.00 | 0.36 | 0.57 | 2 | 8 | -0.30 | -0.23 | 286.68 | 265.00 | 2/6/2026 | No | 16 | 71 | None | |
| GOOG | Alphabet Inc - Class C | Options Chain | 6.10 | 9.80 | 1.77 | 5.00 | 0.35 | 0.35 | 4 | 8 | -0.30 | -0.17 | 316.43 | 300.00 | 2/6/2026 | Yes | 12 | 70 | None | |
| NFLX | Netflix Inc | Options Chain | 2.37 | 2.88 | 0.33 | 1.00 | 0.33 | 0.40 | 37 | 6 | -0.29 | -0.06 | 93.64 | 88.00 | 2/6/2026 | Yes | 8 | 60 | None |