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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BABA | Alibaba Group Holding Ltd | Options Chain | 4.45 | 6.50 | 1.48 | 2.50 | 0.59 | 0.47 | 8 | 2 | -0.28 | -0.13 | 168.67 | 165.00 | 3/6/2026 | Yes | 15 | 67 | None | |
| APP | Applovin Corp - Class A | Options Chain | 26.40 | 32.40 | 2.65 | 5.00 | 0.53 | 0.77 | 1 | 58 | -0.29 | -0.57 | 532.56 | 470.00 | 3/6/2026 | Yes | 7 | 57 | None | |
| ADBE | Adobe Inc | Options Chain | 2.46 | 10.05 | 2.44 | 5.00 | 0.49 | 0.31 | 20 | 3 | -0.29 | -0.15 | 294.23 | 285.00 | 3/6/2026 | No | 11 | 63 | None | |
| HIMS | Hims & Hers Health Inc - Class A | Options Chain | 1.39 | 2.27 | 0.47 | 1.00 | 0.47 | 0.90 | 12 | 2 | -0.27 | -0.04 | 28.89 | 26.00 | 3/6/2026 | Yes | 10 | 43 | None | |
| NFLX | Netflix Inc | Options Chain | 0.88 | 2.25 | 0.42 | 1.00 | 0.42 | 0.25 | 24 | 44 | -0.28 | -0.05 | 85.60 | 79.00 | 3/6/2026 | No | 6 | 55 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 7.20 | 9.50 | 2.00 | 5.00 | 0.40 | 0.35 | 11 | 25 | -0.30 | -0.20 | 326.12 | 315.00 | 3/6/2026 | No | 20 | 62 |
Dividend Stock List |
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| SNDK | Sandisk Corp | Options Chain | 38.50 | 42.30 | 1.95 | 5.00 | 0.39 | 1.07 | 1 | 2 | -0.30 | -0.76 | 501.29 | 435.00 | 3/6/2026 | No | 3 | 22 | None | |
| GME | Gamestop Corporation - Class A | Options Chain | 0.68 | 0.97 | 0.19 | 0.50 | 0.38 | 0.46 | 22 | 20 | -0.30 | -0.02 | 21.69 | 22.00 | 3/6/2026 | No | 16 | 41 | None | |
| SHOP | Shopify Inc - Class A | Options Chain | 5.05 | 6.15 | 1.72 | 5.00 | 0.34 | 0.62 | 2 | 1 | -0.27 | -0.13 | 138.54 | 125.00 | 3/6/2026 | Yes | 10 | 56 | None | |
| AMD | Advanced Micro Devices Inc | Options Chain | 10.45 | 10.75 | 1.72 | 5.00 | 0.34 | 0.57 | 5 | 3 | -0.30 | -0.22 | 249.80 | 235.00 | 3/6/2026 | Yes | 11 | 61 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.60 | 11.95 | 1.70 | 5.00 | 0.34 | 0.37 | 3 | 6 | -0.30 | -0.20 | 347.75 | 335.00 | 3/6/2026 | Yes | 13 | 67 | None | |
| MSTR | Microstrategy Inc - Class A | Options Chain | 6.20 | 8.35 | 1.68 | 5.00 | 0.34 | 0.67 | 3 | 3 | -0.27 | -0.17 | 163.81 | 145.00 | 3/6/2026 | Yes | 7 | 79 | None |