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 | 2.43 | 5.15 | 1.97 | 5.00 | 0.39 | 1.10 | 3 | 2 | -0.27 | -0.07 | 46.37 | 40.00 | 1/2/2026 | Yes | 10 | 35 | None | |
| SOFI | SoFi Technologies Inc | Options Chain | 1.53 | 1.85 | 0.38 | 1.00 | 0.38 | 0.72 | 39 | 88 | -0.29 | -0.03 | 28.23 | 25.00 | 1/2/2026 | No | 11 | 50 | None | |
| META | Meta Platforms Inc - Class A | Options Chain | 15.50 | 17.05 | 1.78 | 5.00 | 0.36 | 0.33 | 5 | 2 | -0.30 | -0.32 | 609.88 | 580.00 | 1/2/2026 | No | 14 | 71 | None |