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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BE | Bloom Energy Corp - Class A | Options Chain | 21.15 | 24.35 | 2.87 | 5.00 | 0.57 | 0.88 | 5 | 5 | -0.30 | -0.27 | 217.77 | 195.00 | 12/4/2026 | No | 5 | 15 | None | |
| CMG | Chipotle Mexican Grill | Options Chain | 0.69 | 1.05 | 0.33 | 1.00 | 0.33 | 0.43 | 20 | 42 | -0.26 | -0.02 | 28.12 | 26.00 | 12/4/2026 | No | 9 | 39 | None |