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 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 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNGR | FingerMotion Inc | Options Chain | 0.65 | 0.85 | 0.23 | 0.50 | 0.46 | 1.69 | 20 | 2 | -0.26 | -0.01 | 5.35 | 4.50 | 11/17 | Yes | 9 | None | |
ARDX | Ardelyx Inc | Options Chain | 0.40 | 0.50 | 0.23 | 0.50 | 0.46 | 1.25 | 300 | 6 | -0.30 | -0.01 | 4.12 | 3.50 | 11/17 | Yes | 11 | None | |
SIRI | Sirius XM Holdings Inc | Options Chain | 0.30 | 0.45 | 0.21 | 0.50 | 0.42 | 0.87 | 5297 | 2253 | -0.28 | 0.00 | 4.68 | 4.00 | 11/17 | Yes | 8 | None | |
NVDA | NVIDIA Corp | Options Chain | 13.70 | 14.40 | 1.85 | 5.00 | 0.37 | 0.42 | 169 | 5104 | -0.30 | -0.28 | 426.90 | 405.00 | 11/17 | No | 10 | None | |
VFS | VinFast Auto Ltd | Options Chain | 1.75 | 2.05 | 0.90 | 2.50 | 0.36 | 1.61 | 374 | 666 | -0.30 | -0.01 | 12.56 | 10.00 | 11/17 | No | 3 | None | |
FFIE | Faraday Future Intelligent Electric Inc - Class A | Options Chain | 0.17 | 0.29 | 0.18 | 0.50 | 0.36 | 2.18 | 103 | 2 | -0.25 | 0.00 | 1.39 | 1.00 | 11/17 | No | 9 | None | |
U | Unity Software Inc | Options Chain | 1.63 | 1.67 | 0.34 | 1.00 | 0.34 | 0.67 | 91 | 92 | -0.30 | -0.03 | 30.71 | 28.00 | 11/17 | Yes | 3 | None | |
CVNA | Carvana Co. - Class A | Options Chain | 3.70 | 3.85 | 1.66 | 5.00 | 0.33 | 1.16 | 138 | 79 | -0.28 | -0.06 | 41.14 | 35.00 | 11/17 | Yes | 6 | None |