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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TTD | Trade Desk Inc - Class A | Options Chain | 1.12 | 1.30 | 0.21 | 0.50 | 0.42 | 0.83 | 7 | 4 | -0.30 | -0.02 | 18.59 | 17.00 | 8/28/2026 | Yes | 12 | 41 | None | |
| WULF | TeraWulf Inc | Options Chain | 1.28 | 1.63 | 0.38 | 1.00 | 0.38 | 1.03 | 14 | 67 | -0.30 | -0.03 | 17.98 | 16.00 | 8/28/2026 | Yes | 2 | 38 | None | |
| UPST | Upstart Holdings Inc | Options Chain | 1.63 | 2.06 | 0.37 | 1.00 | 0.37 | 0.90 | 2 | 3 | -0.28 | -0.04 | 29.51 | 26.00 | 8/28/2026 | Yes | 9 | 45 | None | |
| TE | T1 Energy Inc | Options Chain | 0.55 | 0.70 | 0.18 | 0.50 | 0.36 | 1.42 | 41 | 140 | -0.27 | -0.01 | 5.85 | 5.00 | 8/28/2026 | No | 3 | 16 | None | |
| UBER | Uber Technologies Inc | Options Chain | 1.98 | 2.73 | 0.35 | 1.00 | 0.35 | 0.46 | 1 | 5 | -0.30 | -0.05 | 72.46 | 68.00 | 8/28/2026 | Yes | 10 | 63 | None | |
| WMT | Walmart Inc | Options Chain | 2.21 | 2.80 | 0.34 | 1.00 | 0.34 | 0.32 | 2 | 6 | -0.30 | -0.05 | 114.24 | 109.00 | 8/28/2026 | Yes | 9 | 55 | None |