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.

Download as spreadsheet Download

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
FNGR FingerMotion Inc Options Chain 0.65 0.85 0.23 0.50 0.46 1.69 20 2 -0.26 -0.01 5.35 4.50 11/17 Yes 9 None
ARDX Ardelyx Inc Options Chain 0.40 0.50 0.23 0.50 0.46 1.25 300 6 -0.30 -0.01 4.12 3.50 11/17 Yes 11 None
SIRI Sirius XM Holdings Inc Options Chain 0.30 0.45 0.21 0.50 0.42 0.87 5297 2253 -0.28 0.00 4.68 4.00 11/17 Yes 8 None
NVDA NVIDIA Corp Options Chain 13.70 14.40 1.85 5.00 0.37 0.42 169 5104 -0.30 -0.28 426.90 405.00 11/17 No 10 None
VFS VinFast Auto Ltd Options Chain 1.75 2.05 0.90 2.50 0.36 1.61 374 666 -0.30 -0.01 12.56 10.00 11/17 No 3 None
FFIE Faraday Future Intelligent Electric Inc - Class A Options Chain 0.17 0.29 0.18 0.50 0.36 2.18 103 2 -0.25 0.00 1.39 1.00 11/17 No 9 None
U Unity Software Inc Options Chain 1.63 1.67 0.34 1.00 0.34 0.67 91 92 -0.30 -0.03 30.71 28.00 11/17 Yes 3 None
CVNA Carvana Co. - Class A Options Chain 3.70 3.85 1.66 5.00 0.33 1.16 138 79 -0.28 -0.06 41.14 35.00 11/17 Yes 6 None