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 | Safety Score | Lists |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SNXX | Tradr 2X Long SNDK Daily | Options Chain | 5.80 | 6.30 | 0.65 | 1.00 | 0.65 | 2.59 | 9 | 175 | -0.29 | -0.09 | 28.06 | 21.00 | 8/21/2026 | No | 3 | 19 | None | |
| OTLK | Outlook Therapeutics Inc | Options Chain | 0.50 | 0.65 | 0.30 | 0.50 | 0.60 | 3.15 | 11 | 21 | -0.29 | -0.01 | 1.57 | 1.50 | 8/21/2026 | Yes | 4 | 24 | None | |
| RXT | Rackspace Technology Inc | Options Chain | 0.60 | 0.85 | 0.23 | 0.50 | 0.46 | 1.70 | 10 | 12 | -0.25 | -0.01 | 5.41 | 4.00 | 8/28/2026 | Yes | 8 | 27 | None | |
| TE | T1 Energy Inc | Options Chain | 0.65 | 0.90 | 0.23 | 0.50 | 0.46 | 1.56 | 1 | 1 | -0.27 | -0.01 | 6.87 | 5.50 | 8/28/2026 | No | 3 | 16 | None | |
| RAM | Aries I Acquisition Corp - Class A | Options Chain | 2.45 | 2.55 | 0.45 | 1.00 | 0.45 | 2.01 | 1 | 60 | -0.28 | -0.04 | 18.00 | 13.00 | 8/21/2026 | No | 3 | 18 | None | |
| PYPL | PayPal Holdings Inc | Options Chain | 1.15 | 1.53 | 0.43 | 1.00 | 0.43 | 0.48 | 2 | 2 | -0.27 | -0.03 | 46.32 | 43.00 | 8/28/2026 | Yes | 14 | 59 | None | |
| BLZE | Backblaze Inc - Class A | Options Chain | 1.80 | 2.10 | 1.05 | 2.50 | 0.42 | 1.28 | 2 | 2 | -0.27 | -0.03 | 17.60 | 15.00 | 8/21/2026 | Yes | 8 | 40 | None | |
| M | Macy`s Inc | Options Chain | 0.60 | 0.98 | 0.21 | 0.50 | 0.42 | 0.48 | 8 | 6 | -0.28 | -0.01 | 22.66 | 21.00 | 8/28/2026 | No | 12 | 48 | None | |
| PENG | Penguin Solutions Inc | Options Chain | 7.60 | 8.30 | 2.05 | 5.00 | 0.41 | 1.26 | 12 | 43 | -0.30 | -0.16 | 78.35 | 70.00 | 8/21/2026 | No | 3 | 21 | None | |
| VIAV | Viavi Solutions Inc | Options Chain | 2.95 | 3.30 | 0.40 | 1.00 | 0.40 | 1.04 | 2 | 3 | -0.29 | -0.06 | 43.08 | 37.00 | 8/21/2026 | Yes | 5 | 47 | None | |
| RKLB | Rocket Lab USA Inc | Options Chain | 5.50 | 6.50 | 1.95 | 5.00 | 0.39 | 0.93 | 38 | 6 | -0.30 | -0.11 | 82.55 | 70.00 | 8/28/2026 | Yes | 7 | 44 | None | |
| UMC | United Micro Electronics | Options Chain | 1.55 | 1.60 | 0.38 | 1.00 | 0.38 | 0.91 | 108 | 5 | -0.30 | -0.03 | 24.34 | 21.00 | 8/21/2026 | Yes | 20 | 7 | None | |
| WYFI | Whitefiber Inc | Options Chain | 3.30 | 3.70 | 1.87 | 5.00 | 0.37 | 1.48 | 115 | 172 | -0.24 | -0.08 | 38.50 | 30.00 | 8/21/2026 | No | 3 | 20 | None | |
| MXL | MaxLinear Inc | Options Chain | 6.80 | 7.40 | 1.75 | 5.00 | 0.35 | 1.42 | 9 | 253 | -0.26 | -0.17 | 92.11 | 70.00 | 8/21/2026 | Yes | 5 | 48 | None | |
| MRVL | Marvell Technology Inc | Options Chain | 16.45 | 17.85 | 1.75 | 5.00 | 0.35 | 0.98 | 5 | 11 | -0.30 | -0.30 | 235.81 | 195.00 | 8/28/2026 | Yes | 10 | 60 | None | |
| NFLX | Netflix Inc | Options Chain | 2.38 | 2.58 | 0.34 | 1.00 | 0.34 | 0.46 | 15 | 1 | -0.29 | -0.05 | 73.37 | 70.00 | 8/28/2026 | Yes | 11 | 63 | None | |
| SOFI | SoFi Technologies Inc | Options Chain | 0.76 | 0.90 | 0.17 | 0.50 | 0.34 | 0.65 | 15 | 52 | -0.26 | -0.02 | 18.62 | 16.50 | 8/28/2026 | Yes | 11 | 48 | None |