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.
if (Model.CanViewPremiumContent)
{
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PENN | PENN Entertainment Inc | Options Chain | 0.65 | 1.62 | 0.68 | 1.00 | 0.68 | 0.62 | 13 | 13 | 0.28 | -0.01 | 20.91 | 24.00 | 4/17/2025 | No | 6 | 46 | None | |
| U | Unity Software Inc | Options Chain | 1.00 | 1.68 | 0.59 | 1.00 | 0.59 | 0.74 | 1050 | 171 | 0.30 | -0.03 | 28.34 | 35.00 | 4/17/2025 | Yes | 6 | 41 | None | |
| OWL | Blue Owl Capital Inc - Class A | Options Chain | 0.00 | 1.15 | 0.45 | 1.00 | 0.45 | 0.46 | 2 | 1 | 0.24 | -0.01 | 22.13 | 25.00 | 4/17/2025 | No | 9 | 56 | None | |
| SIRI | Sirius XM Holdings Inc | Options Chain | 0.48 | 1.15 | 0.42 | 1.00 | 0.42 | 0.49 | 11 | 9 | 0.25 | -0.01 | 24.75 | 28.00 | 4/17/2025 | No | 11 | 61 | None | |
| TSEM | Tower Semiconductor Ltd | Options Chain | 0.65 | 3.90 | 2.03 | 5.00 | 0.41 | 0.38 | 21 | 26 | 0.25 | -0.02 | 45.14 | 50.00 | 4/17/2025 | No | 13 | 53 | None | |
| TRMD | Torm Plc - Class A | Options Chain | 0.50 | 1.85 | 1.00 | 2.50 | 0.40 | 0.58 | 517 | 24 | 0.30 | 0.00 | 18.91 | 20.00 | 4/17/2025 | Yes | 16 | 61 | None | |
| GOTU | Gaotu Techedu Inc | Options Chain | 0.05 | 0.55 | 0.20 | 0.50 | 0.40 | 1.00 | 2 | 101 | 0.23 | 0.00 | 2.67 | 4.00 | 4/17/2025 | No | 12 | 47 | None | |
| HPQ | HP Inc | Options Chain | 0.60 | 0.65 | 0.39 | 1.00 | 0.39 | 0.33 | 7 | 9 | 0.26 | -0.01 | 34.63 | 38.00 | 4/17/2025 | Yes | 10 | 57 | None | |
| AUPH | Aurinia Pharmaceuticals Inc | Options Chain | 0.40 | 0.80 | 0.33 | 1.00 | 0.33 | 0.84 | 53 | 51 | 0.30 | -0.01 | 7.93 | 10.00 | 4/17/2025 | No | 14 | 35 |
Small Cap Stock List |
|
| TOST | Toast Inc - Class A | Options Chain | 0.98 | 1.26 | 0.33 | 1.00 | 0.33 | 0.41 | 36 | 2 | 0.29 | -0.02 | 37.70 | 42.00 | 4/17/2025 | No | 9 | 46 | None | |
| AU | AngloGold Ashanti Plc. | Options Chain | 0.40 | 0.85 | 0.33 | 1.00 | 0.33 | 0.40 | 1 | 1 | 0.25 | -0.01 | 31.64 | 35.00 | 4/17/2025 | No | 10 | 60 | None |
Premium Content Limit Reached
Hey, I am so glad you are enjoying my site! But I'm sorry, you have reached the limit of premium content you can access. Please subscribe below for free unlimited access for 30 days!
Subscribe now with a 30-day free trial!
Join Tim's Stock Lists and gain exclusive access to:
- Unlimited access to comprehensive stock and options lists and reports updated frequently
- Stock List spreadsheets delivered to your email inbox 2-3 times per week
- Real-time text alerts on options opportunities
- No more ads!
- In-depth stock fundamentals and technicals data
- Do your own slicing and dicing with the ability to download all lists and reports as spreadsheets
- Proprietary stock rating and safety algorithm engines to make more informed investments
- Extensive dividend metrics and analysis that can cost up to 10X more on other sites