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 | Lists |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SMMT | Summit Therapeutics Inc | Options Chain | 1.90 | 2.20 | 1.05 | 1.00 | 1.05 | 1.69 | 5127 | 2 | -0.29 | -0.02 | 11.55 | 10.00 | 9/20 | Yes | 7 | None | |
| RILY | B. Riley Financial Inc | Options Chain | 2.80 | 3.60 | 1.70 | 2.50 | 0.68 | 1.73 | 294 | 20 | -0.30 | -0.02 | 18.52 | 15.00 | 9/20 | Yes | 11 | None | |
| CIFR | Cipher Mining Inc | Options Chain | 0.55 | 0.90 | 0.33 | 0.50 | 0.66 | 1.17 | 18 | 1013 | -0.28 | -0.01 | 5.51 | 5.00 | 9/20 | Yes | 10 | None | |
| SIRI | Sirius XM Holdings Inc | Options Chain | 0.38 | 0.43 | 0.29 | 0.50 | 0.58 | 0.72 | 1660 | 543 | 0.00 | 0.00 | 3.72 | 3.00 | 9/20 | Yes | 12 | None | |
| CLSK | Cleanspark Inc | Options Chain | 1.76 | 2.03 | 0.53 | 1.00 | 0.53 | 1.12 | 72 | 38 | -0.29 | -0.02 | 16.18 | 15.00 | 9/20 | Yes | 9 | None | |
| SMCI | Super Micro Computer Inc | Options Chain | 41.30 | 42.30 | 4.75 | 10.00 | 0.47 | 0.71 | 11 | 6 | -0.29 | -0.66 | 712.19 | 640.00 | 9/20 | Yes | 13 | None | |
| OMEX | Odyssey Marine Exploration Inc | Options Chain | 1.00 | 1.10 | 0.45 | 1.00 | 0.45 | 2.01 | 12 | 16 | -0.29 | -0.01 | 4.49 | 4.00 | 9/20 | Yes | 5 | None | |
| PCRX | Pacira BioSciences Inc | Options Chain | 2.95 | 3.40 | 1.10 | 2.50 | 0.44 | 1.51 | 4 | 6 | -0.30 | -0.04 | 20.03 | 17.50 | 9/20 | Yes | 16 | None | |
| HIMS | Hims & Hers Health Inc - Class A | Options Chain | 1.65 | 1.85 | 0.43 | 1.00 | 0.43 | 0.96 | 4 | 10 | -0.28 | -0.03 | 21.77 | 19.00 | 9/20 | Yes | 9 | None | |
| NOVA | Sunnova Energy International Inc | Options Chain | 0.85 | 1.05 | 0.43 | 1.00 | 0.43 | 1.22 | 72 | 4 | -0.29 | -0.01 | 8.04 | 7.00 | 9/20 | Yes | 10 |
Small Cap Stock List |
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| RIOT | Riot Platforms Inc | Options Chain | 1.04 | 1.08 | 0.42 | 1.00 | 0.42 | 0.99 | 76 | 288 | -0.30 | -0.01 | 11.20 | 10.00 | 9/20 | Yes | 17 | None | |
| TOST | Toast Inc - Class A | Options Chain | 1.24 | 1.35 | 0.41 | 1.00 | 0.41 | 0.65 | 5 | 10 | -0.28 | -0.02 | 25.68 | 23.00 | 9/20 | Yes | 9 | None | |
| COIN | Coinbase Global Inc - Class A | Options Chain | 16.45 | 17.00 | 4.00 | 10.00 | 0.40 | 0.76 | 81 | 61 | -0.30 | -0.25 | 231.52 | 220.00 | 9/20 | Yes | 12 | None | |
| MARA | Marathon Digital Holdings Inc | Options Chain | 1.97 | 2.15 | 0.40 | 1.00 | 0.40 | 1.04 | 31 | 33 | -0.30 | -0.03 | 21.57 | 19.00 | 9/20 | Yes | 15 | None | |
| NVAX | Novavax Inc | Options Chain | 1.63 | 1.76 | 0.95 | 2.50 | 0.38 | 1.07 | 19 | 3 | -0.30 | -0.02 | 17.11 | 15.00 | 9/20 | Yes | 9 | None | |
| ARM | Options Chain | 8.65 | 8.90 | 1.80 | 5.00 | 0.36 | 0.69 | 24 | 41 | -0.29 | -0.14 | 149.00 | 135.00 | 9/20 | No | 3 | None | ||
| GPS | Gap Inc | Options Chain | 0.89 | 0.96 | 0.36 | 1.00 | 0.36 | 0.63 | 6 | 30 | -0.25 | -0.02 | 21.44 | 19.00 | 9/20 | Yes | 16 | None | |
| ALAB | Astera Labs Inc | Options Chain | 3.50 | 4.50 | 1.78 | 5.00 | 0.36 | 1.02 | 1 | 967 | -0.29 | -0.05 | 47.13 | 40.00 | 9/20 | No | 3 | None | |
| EBS | Emergent Biosolutions Inc | Options Chain | 0.90 | 1.55 | 0.88 | 2.50 | 0.35 | 1.38 | 2 | 100 | -0.19 | -0.02 | 13.80 | 10.00 | 9/20 | Yes | 9 | None | |
| RUN | Sunrun Inc | Options Chain | 1.06 | 1.26 | 0.35 | 1.00 | 0.35 | 0.93 | 3 | 10 | -0.25 | -0.02 | 17.86 | 15.00 | 9/20 | Yes | 7 | None | |
| S | SentinelOne Inc - Class A | Options Chain | 1.10 | 1.20 | 0.35 | 1.00 | 0.35 | 0.60 | 5 | 14 | -0.29 | -0.02 | 23.04 | 21.00 | 9/20 | Yes | 8 | None | |
| SNAP | Snap Inc - Class A | Options Chain | 0.91 | 0.93 | 0.35 | 1.00 | 0.35 | 0.78 | 142 | 21 | -0.30 | -0.01 | 13.33 | 12.00 | 9/20 | Yes | 7 | None | |
| AI | C3.ai Inc - Class A | Options Chain | 1.55 | 1.59 | 0.87 | 2.50 | 0.35 | 0.68 | 220 | 33 | -0.29 | -0.02 | 27.73 | 25.00 | 9/20 | Yes | 7 | None | |
| EW | Edwards Lifesciences Corp | Options Chain | 0.85 | 1.95 | 0.85 | 2.50 | 0.34 | 0.38 | 17 | 4 | -0.22 | -0.03 | 59.70 | 57.50 | 9/20 | No | 14 | None | |
| META | Meta Platforms Inc - Class A | Options Chain | 16.55 | 17.90 | 1.68 | 5.00 | 0.34 | 0.45 | 91 | 69 | -0.30 | -0.30 | 465.70 | 435.00 | 9/20 | Yes | 18 | None | |
| UPST | Upstart Holdings Inc | Options Chain | 1.87 | 1.92 | 0.83 | 2.50 | 0.33 | 0.92 | 352 | 303 | -0.27 | -0.03 | 26.11 | 22.50 | 9/20 | Yes | 6 | None | |
| BABA | Alibaba Group Holding Ltd | Options Chain | 1.89 | 1.97 | 0.83 | 2.50 | 0.33 | 0.33 | 2925 | 172 | -0.29 | -0.04 | 76.53 | 72.50 | 9/20 | Yes | 19 | None | |
| MNMD | Mind Medicine Inc | Options Chain | 0.60 | 0.70 | 0.33 | 1.00 | 0.33 | 0.94 | 182 | 11 | -0.25 | -0.01 | 9.39 | 8.00 | 9/20 | Yes | 9 | None | |
| BE | Bloom Energy Corp - Class A | Options Chain | 0.90 | 1.00 | 0.33 | 1.00 | 0.33 | 0.76 | 59 | 16 | -0.30 | -0.01 | 14.51 | 13.00 | 9/20 | Yes | 5 | None |