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.

Download as spreadsheet Download

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
ONDS Ondas Holdings Inc Options Chain 0.53 0.98 0.38 0.50 0.76 1.11 3 1 -0.30 -0.02 7.93 7.50 9/4/2026 Yes 9 40 None
AAL American Airlines Group Inc Options Chain 0.37 0.74 0.28 0.50 0.56 0.58 36 3 -0.28 -0.01 14.76 12.50 9/4/2026 Yes 7 41 None
TE T1 Energy Inc Options Chain 0.65 0.80 0.25 0.50 0.50 1.48 1 10 -0.29 -0.01 5.68 5.00 9/4/2026 No 3 16 None
BE Bloom Energy Corp - Class A Options Chain 30.20 34.50 2.32 5.00 0.46 1.64 1 4 -0.30 -0.51 222.95 190.00 9/4/2026 Yes 4 12 None
CVX Chevron Corp Options Chain 3.00 5.90 2.04 5.00 0.41 0.31 1 1 -0.30 -0.07 193.70 185.00 9/4/2026 Yes 10 71 None
RDDT Reddit Inc - Class A Options Chain 7.95 12.00 1.85 5.00 0.37 0.84 2 10 -0.28 -0.20 170.38 150.00 9/4/2026 Yes 13 44 None
DELL Dell Technologies Inc - Class C Options Chain 29.00 32.90 1.77 5.00 0.35 0.94 52 106 -0.29 -0.60 441.07 390.00 9/4/2026 Yes 14 57 None
TSM Taiwan Semiconductor Manufacturing Options Chain 12.65 16.55 1.70 5.00 0.34 0.51 6 43 -0.29 -0.33 415.58 385.00 9/4/2026 No 20 61
Dividend Stock List