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 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 | Lists |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| RILY | B. Riley Financial Inc | Options Chain | 1.90 | 2.80 | 0.85 | 1.00 | 0.85 | 1.50 | 10 | 13 | -0.28 | -0.02 | 19.70 | 16.00 | 5/31 | Yes | 9 | None | |
| UAL | United Airlines Holdings Inc | Options Chain | 1.12 | 1.37 | 0.56 | 1.00 | 0.56 | 0.40 | 21 | 54 | -0.26 | -0.03 | 51.42 | 48.00 | 5/31 | Yes | 12 | None | |
| MRVL | Marvell Technology Inc | Options Chain | 2.24 | 2.32 | 0.42 | 1.00 | 0.42 | 0.53 | 2 | 26 | -0.28 | -0.05 | 64.90 | 60.00 | 5/31 | Yes | 4 | None | |
| MARA | Marathon Digital Holdings Inc | Options Chain | 1.19 | 1.24 | 0.20 | 0.50 | 0.40 | 1.12 | 5 | 6 | -0.28 | -0.02 | 15.10 | 13.00 | 5/31 | Yes | 14 | None | |
| PLCE | Childrens Place Inc | Options Chain | 0.95 | 1.15 | 0.38 | 1.00 | 0.38 | 1.60 | 4 | 4 | -0.28 | -0.02 | 8.38 | 7.00 | 5/31 | Yes | 8 | None | |
| NVDA | NVIDIA Corp | Options Chain | 35.35 | 36.80 | 1.83 | 5.00 | 0.37 | 0.58 | 3 | 20 | -0.30 | -0.75 | 842.08 | 785.00 | 5/31 | Yes | 14 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.20 | 7.20 | 1.78 | 5.00 | 0.36 | 0.20 | 51 | 6 | -0.30 | -0.20 | 493.18 | 480.00 | 5/31 | No | 9 | None | |
| SCHW | Charles Schwab Corp | Options Chain | 1.16 | 1.60 | 0.34 | 1.00 | 0.34 | 0.27 | 4 | 4 | -0.30 | -0.03 | 72.88 | 70.00 | 5/31 | No | 7 | None | |
| UBER | Uber Technologies Inc | Options Chain | 2.22 | 2.54 | 0.34 | 1.00 | 0.34 | 0.46 | 4 | 2 | -0.30 | -0.05 | 71.30 | 67.00 | 5/31 | Yes | 6 | None | |
| PLTR | Palantir Technologies Inc - Class A | Options Chain | 0.98 | 1.01 | 0.17 | 0.50 | 0.34 | 0.70 | 45 | 9 | -0.28 | -0.02 | 21.04 | 19.00 | 5/31 | Yes | 12 | None |