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.

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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 Safety Score Lists
TERN Terns Pharmaceuticals Inc Options Chain 1.80 2.65 0.60 1.00 0.60 1.78 3052 6 -0.29 -0.03 14.53 12.00 12/19/2025 Yes 10 41 None
GSRT GSR III Acquisition Corp - Class A Options Chain 2.45 2.70 1.48 2.50 0.59 1.55 116 39 -0.29 -0.02 16.25 12.50 12/19/2025 No 3 18 None
YPF YPF Options Chain 1.05 1.85 0.47 1.00 0.47 0.62 8 1 -0.26 -0.03 37.06 33.00 12/19/2025 Yes 15 71 None
TE T1 Energy Inc Options Chain 0.35 0.75 0.45 1.00 0.45 1.33 102 1 -0.30 -0.01 3.50 3.00 12/19/2025 No 3 15 None
USAR USA Rare Earth Inc - Class A Options Chain 1.30 1.50 0.42 1.00 0.42 1.19 47 65 -0.26 -0.02 16.62 14.00 12/19/2025 No 3 18 None
UUUU Energy Fuels Inc Options Chain 1.45 1.65 0.42 1.00 0.42 1.16 11999 1997 -0.27 -0.03 17.80 15.00 12/19/2025 Yes 6 41 None
UPST Upstart Holdings Inc Options Chain 3.80 4.05 1.03 2.50 0.41 0.98 77 60 -0.30 -0.07 47.34 42.50 12/19/2025 Yes 5 43 None
SOUN Options Chain 1.50 1.56 0.41 1.00 0.41 1.10 154 16 -0.29 -0.03 16.99 15.00 12/19/2025 No 3 18 None
WING Wingstop Inc Options Chain 13.00 16.30 1.95 5.00 0.39 0.89 62 12 -0.29 -0.26 213.94 190.00 12/19/2025 No 10 58 None
WULF TeraWulf Inc Options Chain 1.20 1.27 0.37 1.00 0.37 1.02 5148 102 -0.28 -0.02 16.10 14.00 12/19/2025 Yes 3 39 None
VFC VF Corp Options Chain 0.53 0.71 0.36 1.00 0.36 0.58 2 15 -0.30 -0.01 14.17 13.00 12/19/2025 No 10 47 None
SPCE Virgin Galactic Holdings Inc - Class A Options Chain 0.33 0.40 0.18 0.50 0.36 1.34 215 11 -0.27 -0.01 3.65 3.00 12/19/2025 Yes 7 38 None
SOFI SoFi Technologies Inc Options Chain 1.61 1.72 0.34 1.00 0.34 0.69 770 814 -0.30 -0.03 30.38 28.00 12/19/2025 No 7 51 None
TSLA Tesla Inc Options Chain 18.95 19.10 1.70 5.00 0.34 0.56 440 232 -0.29 -0.38 465.40 430.00 12/19/2025 No 8 59 None
TEM Tempus AI Inc - Class A Options Chain 5.60 6.00 1.70 5.00 0.34 0.82 26 31 -0.30 -0.11 88.60 80.00 12/19/2025 No 3 21 None
STUB Stubhub Holdings Inc - Class A Options Chain 1.45 1.60 0.85 2.50 0.34 1.16 54 339 -0.27 -0.02 17.92 15.00 12/19/2025 No 3 18 None
UBER Uber Technologies Inc Options Chain 2.44 2.99 0.83 2.50 0.33 0.42 794 3506 -0.26 -0.06 100.40 92.50 12/19/2025 No 12 64 None