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.

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 Safety Score Lists
AXTI AXT Inc Options Chain 11.40 12.30 2.45 5.00 0.49 1.68 82 236 -0.30 -0.15 68.44 60.00 5/15/2026 Yes 6 39 None
LUNR Intuitive Machines Inc - Class A Options Chain 1.75 2.20 0.46 1.00 0.46 1.17 8 40 -0.30 -0.03 17.92 16.00 5/15/2026 Yes 8 36 None
RCAT Red Cat Holdings Inc Options Chain 1.51 2.07 0.45 1.00 0.45 1.22 19 15 -0.30 -0.03 15.15 14.00 5/15/2026 No 8 36 None
B Barrick Gold Corp Options Chain 1.51 1.90 0.44 1.00 0.44 0.56 11 63 -0.30 -0.03 38.03 35.00 5/15/2026 No 3 20 None
SNDK Sandisk Corp Options Chain 59.40 63.80 4.30 10.00 0.43 1.00 2 2 -0.30 -0.92 698.83 620.00 5/15/2026 No 3 22 None
AAOI Applied Optoelectronics Inc Options Chain 16.50 17.60 2.15 5.00 0.43 1.50 79 2 -0.30 -0.23 113.90 100.00 5/15/2026 Yes 8 42 None
PGY Options Chain 1.00 1.15 0.43 1.00 0.43 0.97 10 18 -0.30 -0.02 11.25 10.00 5/15/2026 No 3 17 None
RGTI Options Chain 1.15 1.52 0.43 1.00 0.43 0.95 8 16 -0.30 -0.02 15.77 14.00 5/15/2026 No 3 18 None
BKSY BlackSky Technology Inc - Class A Options Chain 2.20 3.20 1.05 2.50 0.42 1.18 3 5 -0.29 -0.04 25.43 22.50 5/15/2026 Yes 4 39 None
HIMS Hims & Hers Health Inc - Class A Options Chain 1.74 1.93 0.41 1.00 0.41 0.97 15 10 -0.30 -0.03 21.34 19.00 5/15/2026 Yes 7 41 None
APP Applovin Corp - Class A Options Chain 30.60 32.70 4.05 10.00 0.40 0.84 5 1 -0.30 -0.48 459.21 390.00 5/15/2026 Yes 7 58 None
RDW Redwire Corporation Options Chain 0.80 0.90 0.40 1.00 0.40 1.10 12 22 -0.28 -0.01 9.38 8.00 5/15/2026 Yes 7 35 None
PL Planet Labs PBC - Class A Options Chain 2.50 2.80 0.40 1.00 0.40 0.97 32 20 -0.29 -0.04 31.83 28.00 5/15/2026 No 4 40 None
NOW ServiceNow Inc Options Chain 5.00 5.40 0.40 1.00 0.40 0.61 1 51 -0.30 -0.09 110.95 96.00 5/15/2026 Yes 10 57 None
IBRX ImmunityBio Inc Options Chain 0.60 0.80 0.20 0.50 0.40 1.28 148 866 -0.25 -0.01 9.49 6.00 5/15/2026 Yes 5 34 None
EOSE Eos Energy Enterprises Inc - Class A Options Chain 0.52 0.63 0.20 0.50 0.40 1.20 272 90 -0.30 -0.01 5.09 4.50 5/15/2026 Yes 5 30 None
FSLY Fastly Inc - Class A Options Chain 2.80 3.30 0.97 2.50 0.39 1.16 22 35 -0.30 -0.04 28.20 25.00 5/15/2026 Yes 4 38 None
BE Bloom Energy Corp - Class A Options Chain 14.15 14.70 1.90 5.00 0.38 1.17 19 20 -0.28 -0.21 145.88 125.00 5/15/2026 Yes 2 51 None
FRO Frontline Plc Options Chain 1.30 1.75 0.38 1.00 0.38 0.59 11 33 -0.27 -0.03 35.44 32.00 5/15/2026 No 11 65 None
CIFR Cipher Mining Inc Options Chain 1.34 1.42 0.38 1.00 0.38 1.07 40 46 -0.29 -0.02 14.89 13.00 5/15/2026 Yes 4 48 None
DHT DHT Holdings Inc Options Chain 0.50 1.05 0.38 1.00 0.38 0.53 21 4 -0.29 -0.01 17.78 17.00 5/15/2026 Yes 10 64 None
AG First Majestic Silver Corporation Options Chain 1.48 1.57 0.38 1.00 0.38 0.86 208 31 -0.30 -0.02 20.10 18.00 5/15/2026 Yes 14 48 None
HL Hecla Mining Company Options Chain 1.19 1.42 0.38 1.00 0.38 0.85 9 13 -0.30 -0.02 17.90 16.00 5/15/2026 Yes 12 46 None
CRCL Circle Internet Group Inc - Class A Options Chain 7.70 8.35 1.85 5.00 0.37 0.93 540 157 -0.29 -0.13 101.17 90.00 5/15/2026 No 3 22 None
APLD Options Chain 2.21 2.36 0.37 1.00 0.37 1.07 3 5 -0.27 -0.04 27.23 23.00 5/15/2026 No 3 19 None
RPD Rapid7 Inc Options Chain 0.35 0.65 0.37 1.00 0.37 0.86 3 57 -0.27 -0.01 6.33 5.00 5/15/2026 Yes 12 41 None
MRNA Moderna Inc Options Chain 3.15 3.30 0.37 1.00 0.37 0.77 22 8 -0.29 -0.05 51.42 46.00 5/15/2026 Yes 10 43 None
AFRM Affirm Holdings Inc - Class A Options Chain 3.40 3.65 0.91 2.50 0.36 0.90 39 35 -0.30 -0.06 46.25 40.00 5/15/2026 Yes 9 49 None
CRWV CoreWeave Inc - Class A Options Chain 5.85 6.20 0.90 2.50 0.36 0.92 3 116 -0.28 -0.10 83.02 72.50 5/15/2026 No 3 21 None
ONDS Ondas Holdings Inc Options Chain 0.89 0.94 0.36 1.00 0.36 1.13 132 96 -0.26 -0.01 10.90 9.00 5/15/2026 Yes 8 38 None
WULF TeraWulf Inc Options Chain 1.37 1.48 0.36 1.00 0.36 1.07 4 23 -0.28 -0.02 16.22 14.00 5/15/2026 Yes 2 37 None
UUUU Energy Fuels Inc Options Chain 1.42 1.53 0.36 1.00 0.36 0.95 5 25 -0.29 -0.02 18.06 16.00 5/15/2026 Yes 3 41 None
ASTS AST SpaceMobile Inc - Class A Options Chain 7.10 7.55 1.78 5.00 0.36 1.05 274 76 -0.28 -0.12 86.98 75.00 5/15/2026 Yes 4 39 None
VELO Velocity Acquisition Corp - Class A Options Chain 1.05 1.70 0.88 2.50 0.35 1.60 1 2 -0.22 -0.02 13.52 10.00 5/15/2026 Yes 7 33 None
FLY Firefly Aerospace Inc Options Chain 1.70 2.15 0.88 2.50 0.35 1.08 50 19 -0.26 -0.03 23.73 20.00 5/15/2026 No 3 19 None
USAR USA Rare Earth Inc - Class A Options Chain 1.02 1.18 0.35 1.00 0.35 0.95 7 7 -0.26 -0.02 16.60 14.00 5/15/2026 No 3 18 None
NVTS Navitas Semiconductor Corp Options Chain 0.80 0.85 0.34 1.00 0.34 1.08 16 92 -0.28 -0.01 9.18 8.00 5/15/2026 Yes 7 34 None
QBTS D-Wave Quantum Inc Options Chain 1.08 1.21 0.34 1.00 0.34 0.90 926 1 -0.28 -0.02 16.31 14.00 5/15/2026 Yes 7 40 None
RIG Transocean Ltd Options Chain 0.32 0.37 0.17 0.50 0.34 0.66 59 175 -0.29 -0.01 6.48 6.00 5/15/2026 Yes 4 46 None
SHOP Shopify Inc - Class A Options Chain 7.15 7.55 1.70 5.00 0.34 0.75 42 102 -0.30 -0.12 121.10 105.00 5/15/2026 Yes 8 59 None
RBLX Roblox Corporation - Class A Options Chain 3.50 4.00 1.68 5.00 0.34 0.78 35 10 -0.30 -0.06 56.84 50.00 5/15/2026 Yes 3 47 None
MP MP Materials Corporation Options Chain 2.59 2.74 0.67 2.00 0.34 0.70 23 29 -0.27 -0.05 53.29 47.00 5/15/2026 Yes 5 50 None
U Unity Software Inc Options Chain 1.24 1.28 0.33 1.00 0.33 0.86 3 29 -0.28 -0.02 18.14 16.00 5/15/2026 Yes 7 38 None