Low Delta Call Credit Spreads

A call credit spread is an options trading strategy designed to benefit from a stock's limited increase in price. The strategy uses two call options to create a range consisting of a lower strike price and an upper strike price. The call credit spread helps to limit losses of owning stock, but it also caps the gains. This strategy implementation ensures that the short strike always has a Delta value less than or equal to 0.30.

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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
BIG Big Lots Inc Options Chain 0.05 1.00 0.45 0.50 0.90 0.89 10 45 0.28 0.00 1.94 2.50 8/16 No 8 None
NVDA NVIDIA Corp Options Chain 4.65 5.45 0.83 1.00 0.83 0.54 7102 423 0.30 -0.09 130.78 145.00 8/16 No 15 None
WMG Warner Music Group Corp - Class A Options Chain 0.40 1.70 0.70 1.00 0.70 0.42 1 1 0.30 -0.01 30.40 33.00 8/16 Yes 12 None
OSCR Oscar Health Inc - Class A Options Chain 0.70 1.80 0.70 1.50 0.47 0.71 1 11 0.28 -0.02 18.04 22.50 8/16 Yes 9 None
BTBT Bit Digital Inc Options Chain 0.10 0.50 0.18 0.50 0.36 1.28 40 67 0.28 0.00 2.85 4.50 8/16 No 15 None
VSCO Victoria`s Secret & Company Options Chain 0.35 0.95 0.35 1.00 0.35 0.54 5 1 0.30 -0.01 18.44 21.00 8/16 No 10 None