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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| VZ | Verizon Communications Inc | Options Chain | 0.57 | 1.40 | 0.54 | 1.00 | 0.54 | 0.30 | 96 | 4 | -0.30 | -0.02 | 43.64 | 40.00 | 11/27/2026 | Yes | 10 | 73 | None | |
| SSRM | SSR Mining Inc | Options Chain | 1.10 | 1.75 | 0.43 | 1.00 | 0.43 | 0.55 | 5 | 23 | -0.30 | -0.03 | 35.16 | 33.00 | 11/20/2026 | Yes | 13 | 55 | None | |
| UMC | United Micro Electronics | Options Chain | 0.85 | 1.00 | 0.40 | 1.00 | 0.40 | 0.59 | 23 | 22 | -0.29 | -0.02 | 22.96 | 21.00 | 11/20/2026 | Yes | 20 | 11 | None | |
| SMR | Options Chain | 0.38 | 0.50 | 0.20 | 0.50 | 0.40 | 0.76 | 2 | 7 | -0.30 | -0.01 | 7.19 | 6.50 | 11/27/2026 | No | 3 | 16 | None | ||
| SPCX | Space Exploration Technologies Corp - Class A | Options Chain | 5.65 | 6.55 | 1.85 | 5.00 | 0.37 | 0.50 | 126 | 50 | -0.29 | -0.11 | 162.76 | 150.00 | 11/27/2026 | Yes | 5 | 35 | None | |
| VSAT | Viasat Inc | Options Chain | 3.60 | 4.90 | 1.82 | 5.00 | 0.36 | 0.78 | 46 | 25 | -0.30 | -0.09 | 72.01 | 65.00 | 11/20/2026 | Yes | 7 | 55 | None | |
| ZS | Zscaler Inc | Options Chain | 8.60 | 12.10 | 1.80 | 5.00 | 0.36 | 0.57 | 1 | 1 | -0.30 | -0.18 | 233.73 | 215.00 | 11/27/2026 | Yes | 1 | 56 | None |