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 ensures that the short strike always has a delta value greater 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
CLSK Cleanspark Inc Options Chain 1.70 1.80 0.38 0.50 0.76 1.26 6 11 -0.28 -0.04 20.73 17.00 5/31 Yes 8 None
ORCL Oracle Corp Options Chain 1.72 2.57 0.66 1.00 0.66 0.23 3 4 -0.29 -0.06 115.09 111.00 5/31 No 10 None
MARA Marathon Digital Holdings Inc Options Chain 1.48 1.62 0.26 0.50 0.52 1.09 2 23 -0.30 -0.03 19.44 17.00 5/31 Yes 14 None
SNAP Snap Inc - Class A Options Chain 0.87 0.90 0.21 0.50 0.42 1.06 3 3 -0.30 -0.02 11.39 10.00 5/31 Yes 7 None
DELL Dell Technologies Inc - Class C Options Chain 4.80 5.00 0.40 1.00 0.40 0.60 4 15 -0.30 -0.12 120.63 111.00 5/31 Yes 15 None
NVDA NVIDIA Corp Options Chain 36.30 37.90 1.98 5.00 0.40 0.59 43 19 -0.30 -0.81 824.23 770.00 5/31 Yes 14 None
COIN Coinbase Global Inc - Class A Options Chain 14.45 14.80 1.98 5.00 0.40 0.90 4 7 -0.30 -0.32 236.43 205.00 5/31 Yes 9 None
PLTR Palantir Technologies Inc - Class A Options Chain 1.11 1.16 0.19 0.50 0.38 0.69 7 4 -0.30 -0.02 21.64 20.00 5/31 Yes 12 None
TSM Taiwan Semiconductor Manufacturing Options Chain 3.05 3.15 0.36 1.00 0.36 0.33 53 13 -0.30 -0.08 133.43 127.00 5/31 No 21
Dividend Stock List
W Wayfair Inc - Class A Options Chain 3.05 3.25 0.36 1.00 0.36 0.76 4 10 -0.30 -0.07 57.75 49.00 5/31 Yes 7 None
RIVN Rivian Automotive Inc - Class A Options Chain 0.65 0.67 0.18 0.50 0.36 0.98 21 21 -0.28 -0.01 9.04 8.00 5/31 Yes 11 None
ENPH Enphase Energy Inc Options Chain 4.50 4.70 0.35 1.00 0.35 0.61 12 4 -0.30 -0.11 113.48 100.00 5/31 Yes 11 None
RIOT Riot Platforms Inc Options Chain 0.76 0.84 0.17 0.50 0.34 1.17 17 10 -0.28 -0.02 11.85 10.50 5/31 Yes 11 None