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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CRWV | CoreWeave Inc - Class A | Options Chain | 5.60 | 6.25 | 0.50 | 1.00 | 0.50 | 0.87 | 57 | 31 | -0.30 | -0.07 | 60.77 | 55.00 | 12/24/2026 | No | 3 | 21 | None | |
| GLNG | Golar Lng | Options Chain | 0.75 | 1.30 | 0.40 | 1.00 | 0.40 | 0.42 | 1 | 1 | -0.27 | -0.02 | 42.89 | 40.00 | 12/18/2026 | Yes | 9 | 57 | None | |
| FRVO | Fervo Energy Co. - Class A | Options Chain | 0.90 | 1.10 | 0.40 | 1.00 | 0.40 | 1.02 | 1 | 1 | -0.30 | -0.02 | 12.94 | 11.00 | 12/18/2026 | No | 3 | 17 | None | |
| IREN | Iris Energy Ltd | Options Chain | 1.54 | 1.61 | 0.35 | 1.00 | 0.35 | 1.10 | 3 | 10 | -0.26 | -0.03 | 20.84 | 16.00 | 12/31/2026 | No | 4 | 43 | None |