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.

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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