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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NVTS | Navitas Semiconductor Corp | Options Chain | 0.50 | 1.52 | 0.53 | 0.50 | 1.06 | 1.15 | 2 | 5 | -0.30 | -0.01 | 9.81 | 8.50 | 12/31/2026 | No | 7 | 35 | None | |
| SPCX | Space Exploration Technologies Corp - Class A | Options Chain | 5.60 | 8.00 | 2.60 | 5.00 | 0.52 | 0.60 | 110 | 11 | -0.30 | -0.12 | 139.94 | 130.00 | 12/31/2026 | No | 6 | 38 | None | |
| NBIS | Nebius Group N.V. - Class A | Options Chain | 10.10 | 11.65 | 2.40 | 5.00 | 0.48 | 0.97 | 24 | 21 | -0.30 | -0.17 | 148.31 | 115.00 | 12/31/2026 | No | 3 | 22 | None | |
| GOOGL | Alphabet Inc - Class A | Options Chain | 6.30 | 7.75 | 2.03 | 5.00 | 0.41 | 0.33 | 48 | 75 | -0.30 | -0.16 | 294.53 | 285.00 | 12/24/2026 | No | 13 | 74 | None | |
| IREN | Iris Energy Ltd | Options Chain | 1.75 | 1.81 | 0.37 | 1.00 | 0.37 | 1.09 | 11 | 6 | -0.29 | -0.03 | 19.95 | 17.00 | 12/31/2026 | No | 4 | 42 | None | |
| MRVL | Marvell Technology Inc | Options Chain | 8.40 | 9.55 | 1.73 | 5.00 | 0.35 | 0.76 | 39 | 7 | -0.27 | -0.17 | 163.73 | 145.00 | 12/31/2026 | Yes | 15 | 62 | None |