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.
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GERN | Geron Corp | Options Chain | 0.60 | 0.75 | 0.35 | 0.50 | 0.70 | 2.61 | 293 | 32 | -0.27 | -0.01 | 2.22 | 2.00 | 1/20 | No | 6 | None | |
| TGTX | TG Therapeutics Inc | Options Chain | 1.80 | 2.65 | 0.55 | 1.00 | 0.55 | 2.53 | 25 | 3 | -0.27 | -0.02 | 8.11 | 7.00 | 1/20 | No | 9 | None | |
| DWAC | Digital World Acquisition Corp - Class A | Options Chain | 2.85 | 3.00 | 1.36 | 2.50 | 0.54 | 1.18 | 10 | 26 | -0.28 | -0.01 | 24.35 | 20.00 | 1/20 | No | 7 | None | |
| GH | Guardant Health Inc | Options Chain | 6.90 | 8.00 | 2.30 | 5.00 | 0.46 | 1.44 | 39 | 705 | -0.30 | -0.09 | 51.52 | 45.00 | 1/20 | No | 4 | None | |
| ALT | Altimmune Inc | Options Chain | 0.85 | 1.20 | 0.43 | 1.00 | 0.43 | 1.14 | 24 | 176 | -0.30 | -0.01 | 9.09 | 8.00 | 1/20 | No | 9 | None | |
| MMAT | Meta Materials Inc | Options Chain | 0.29 | 0.34 | 0.20 | 0.50 | 0.40 | 1.80 | 4 | 146 | -0.29 | 0.00 | 1.92 | 1.50 | 1/20 | No | 6 | None | |
| PXD | Pioneer Natural Resources Company | Options Chain | 8.00 | 9.50 | 1.90 | 5.00 | 0.38 | 0.42 | 5 | 14 | -0.28 | -0.08 | 254.14 | 225.00 | 1/20 | No | 17 | None | |
| GME | Gamestop Corporation - Class A | Options Chain | 2.33 | 2.53 | 0.47 | 1.25 | 0.38 | 1.16 | 29 | 420 | -0.28 | -0.03 | 26.17 | 21.25 | 1/20 | Yes | 13 | None | |
| AXSM | Axsome Therapeutics Inc | Options Chain | 3.10 | 4.70 | 0.90 | 2.50 | 0.36 | 0.75 | 15 | 86 | -0.26 | -0.06 | 74.74 | 65.00 | 1/20 | No | 3 | None | |
| CANO | Cano Health Inc - Class A | Options Chain | 0.15 | 0.30 | 0.18 | 0.50 | 0.36 | 1.38 | 5 | 3 | -0.29 | 0.00 | 1.69 | 1.50 | 1/20 | No | 7 | None | |
| MANU | Manchester United Plc. - Class A | Options Chain | 1.20 | 1.25 | 0.35 | 1.00 | 0.35 | 0.72 | 266 | 376 | -0.29 | -0.02 | 21.21 | 19.00 | 1/20 | Yes | 5 | None | |
| BILI | Bilibili Inc | Options Chain | 1.15 | 1.20 | 0.35 | 1.00 | 0.35 | 1.06 | 499 | 123 | -0.30 | -0.02 | 12.59 | 11.00 | 1/20 | Yes | 6 | None | |
| AMC | AMC Entertainment Holdings Inc - Class A | Options Chain | 0.73 | 0.78 | 0.34 | 1.00 | 0.34 | 1.23 | 357 | 619 | -0.28 | -0.01 | 7.51 | 6.00 | 1/20 | No | 10 | None | |
| SHOP | Shopify Inc - Class A | Options Chain | 2.19 | 2.27 | 0.17 | 0.50 | 0.34 | 0.73 | 155 | 139 | -0.29 | -0.04 | 36.79 | 34.00 | 1/20 | No | 12 | None | |
| DXCM | Dexcom Inc | Options Chain | 3.60 | 4.10 | 0.85 | 2.50 | 0.34 | 0.49 | 19 | 8 | -0.27 | -0.08 | 112.57 | 102.50 | 1/20 | No | 9 | None | |
| AEHR | Aehr Test Systems | Options Chain | 2.10 | 2.35 | 0.85 | 2.50 | 0.34 | 1.01 | 19 | 23 | -0.29 | -0.03 | 26.79 | 22.50 | 1/20 | Yes | 14 | None | |
| MRNA | Moderna Inc | Options Chain | 9.05 | 9.75 | 1.68 | 5.00 | 0.34 | 0.64 | 32 | 277 | -0.30 | -0.15 | 176.40 | 160.00 | 1/20 | No | 17 | None |