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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| T | AT&T Inc | Options Chain | 0.30 | 0.98 | 0.46 | 1.00 | 0.46 | 0.36 | 169 | 3 | -0.29 | -0.01 | 23.16 | 22.00 | 7/31/2026 | No | 8 | 61 | None | |
| TOST | Toast Inc - Class A | Options Chain | 0.70 | 1.48 | 0.46 | 1.00 | 0.46 | 0.61 | 2 | 5 | -0.29 | -0.02 | 25.07 | 23.00 | 7/31/2026 | No | 13 | 46 | None | |
| TTD | Trade Desk Inc - Class A | Options Chain | 0.68 | 1.04 | 0.19 | 0.50 | 0.38 | 0.61 | 7 | 3 | -0.30 | -0.02 | 18.96 | 17.50 | 7/31/2026 | No | 10 | 41 | None | |
| VRT | Vertiv Holdings Co - Class A | Options Chain | 12.90 | 16.75 | 1.85 | 5.00 | 0.37 | 0.70 | 3 | 1 | -0.28 | -0.30 | 299.60 | 270.00 | 7/31/2026 | No | 9 | 56 | None |