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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CVE | Cenovus Energy Inc | Options Chain | 0.60 | 0.75 | 0.40 | 1.00 | 0.40 | 0.49 | 9 | 1 | -0.23 | -0.03 | 32.62 | 30.00 | 11/20/2026 | Yes | 13 | 68 | None | |
| CRWV | CoreWeave Inc - Class A | Options Chain | 4.35 | 4.75 | 0.40 | 1.00 | 0.40 | 1.00 | 6 | 11 | -0.30 | -0.09 | 65.78 | 54.00 | 11/27/2026 | No | 3 | 21 | None | |
| BE | Bloom Energy Corp - Class A | Options Chain | 12.30 | 13.95 | 1.80 | 5.00 | 0.36 | 0.87 | 12 | 10 | -0.29 | -0.27 | 239.34 | 195.00 | 11/27/2026 | Yes | 5 | 15 | None | |
| CIFR | Cipher Mining Inc | Options Chain | 0.79 | 0.93 | 0.36 | 1.00 | 0.36 | 1.21 | 25 | 78 | -0.28 | -0.02 | 9.94 | 8.00 | 11/27/2026 | Yes | 5 | 37 | None | |
| GEO | Geo Group Inc | Options Chain | 1.10 | 1.25 | 0.33 | 1.00 | 0.33 | 0.69 | 1 | 5 | -0.25 | -0.04 | 30.81 | 27.00 | 11/20/2026 | Yes | 8 | 42 | None |