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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TE | T1 Energy Inc | Options Chain | 0.65 | 0.80 | 0.25 | 0.50 | 0.50 | 1.49 | 1 | 10 | -0.29 | -0.01 | 6.03 | 5.00 | 9/4/2026 | No | 3 | 16 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 32.50 | 36.30 | 2.22 | 5.00 | 0.44 | 0.93 | 16 | 52 | -0.30 | -0.61 | 441.80 | 395.00 | 9/4/2026 | Yes | 14 | 57 | None | |
| CRM | Salesforce Inc | Options Chain | 4.50 | 7.15 | 1.98 | 5.00 | 0.40 | 0.54 | 69 | 5 | -0.29 | -0.13 | 170.06 | 145.00 | 9/4/2026 | Yes | 15 | 61 | None | |
| GOOG | Alphabet Inc - Class C | Options Chain | 7.30 | 7.80 | 1.97 | 5.00 | 0.39 | 0.33 | 41 | 68 | -0.30 | -0.18 | 346.19 | 305.00 | 9/4/2026 | Yes | 10 | 64 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 12.80 | 16.55 | 1.90 | 5.00 | 0.38 | 0.51 | 6 | 35 | -0.29 | -0.33 | 421.21 | 385.00 | 9/4/2026 | No | 20 | 61 |
Dividend Stock List |
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| CVX | Chevron Corp | Options Chain | 3.00 | 5.25 | 1.84 | 5.00 | 0.37 | 0.32 | 1 | 1 | -0.28 | -0.07 | 193.70 | 185.00 | 9/4/2026 | Yes | 10 | 71 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 6.30 | 8.90 | 1.70 | 5.00 | 0.34 | 0.30 | 3 | 2 | -0.27 | -0.19 | 431.31 | 400.00 | 9/4/2026 | No | 12 | 63 | None | |
| SPCX | Space Exploration Technologies Corp - Class A | Options Chain | 7.20 | 7.50 | 1.70 | 5.00 | 0.34 | 1.04 | 445 | 382 | -0.28 | -0.17 | 115.26 | 100.00 | 8/28/2026 | No | 3 | 33 | None | |
| MSTR | Strategy Inc - Class A | Options Chain | 5.05 | 5.40 | 0.33 | 1.00 | 0.33 | 0.85 | 18 | 10 | -0.29 | -0.13 | 100.01 | 84.00 | 8/28/2026 | Yes | 5 | 59 | None |