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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| IREN | Iris Energy Ltd | Options Chain | 2.20 | 2.29 | 0.41 | 1.00 | 0.41 | 1.19 | 1 | 4 | -0.30 | -0.03 | 21.64 | 19.00 | 12/24/2026 | No | 5 | 43 | None | |
| APPS | Digital Turbine Inc | Options Chain | 1.00 | 1.15 | 0.38 | 1.00 | 0.38 | 1.22 | 4 | 4 | -0.30 | -0.02 | 10.49 | 10.00 | 12/18/2026 | Yes | 6 | 34 | None | |
| NBIS | Nebius Group N.V. - Class A | Options Chain | 11.95 | 13.15 | 1.75 | 5.00 | 0.35 | 1.20 | 11 | 2 | -0.29 | -0.23 | 129.49 | 120.00 | 12/24/2026 | No | 3 | 22 | None | |
| OKLO | AltC Acquisition Corp - Class A | Options Chain | 0.84 | 1.49 | 0.35 | 1.00 | 0.35 | 0.89 | 1 | 2 | -0.26 | -0.03 | 23.55 | 21.00 | 12/24/2026 | No | 3 | 19 | None | |
| VSAT | Viasat Inc | Options Chain | 4.30 | 4.70 | 1.67 | 5.00 | 0.33 | 0.89 | 8 | 8 | -0.28 | -0.09 | 65.00 | 65.00 | 12/18/2026 | No | 7 | 54 | None |