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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WULF | TeraWulf Inc | Options Chain | 0.93 | 1.08 | 0.24 | 0.50 | 0.48 | 1.04 | 3 | 1 | -0.30 | -0.02 | 12.56 | 11.50 | 11/27/2026 | Yes | 2 | 37 | None | |
| WMT | Walmart Inc | Options Chain | 1.89 | 2.70 | 0.47 | 1.00 | 0.47 | 0.30 | 5 | 22 | -0.30 | -0.06 | 117.11 | 113.00 | 11/27/2026 | Yes | 9 | 57 | None | |
| VRT | Vertiv Holdings Co - Class A | Options Chain | 6.60 | 9.15 | 1.83 | 5.00 | 0.37 | 0.60 | 8 | 3 | -0.28 | -0.21 | 214.00 | 195.00 | 11/27/2026 | Yes | 11 | 57 | None | |
| UBER | Uber Technologies Inc | Options Chain | 1.71 | 1.90 | 0.36 | 1.00 | 0.36 | 0.41 | 8 | 9 | -0.30 | -0.05 | 67.62 | 64.00 | 11/27/2026 | Yes | 11 | 63 | None | |
| ZS | Zscaler Inc | Options Chain | 7.15 | 9.95 | 1.67 | 5.00 | 0.33 | 0.62 | 3 | 3 | -0.27 | -0.22 | 231.33 | 210.00 | 11/27/2026 | Yes | 1 | 56 | None |