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
EOSE Eos Energy Enterprises Inc - Class A Options Chain 0.40 1.13 0.55 0.50 1.10 1.60 38 11 -0.29 -0.01 5.74 5.00 2/28/2025 No 5 28 None
RTX RTX Corp Options Chain 1.60 1.90 0.82 1.00 0.82 0.26 4 4 -0.28 -0.05 125.75 120.00 2/28/2025 Yes 11 67 None
SPCE Virgin Galactic Holdings Inc - Class A Options Chain 0.19 0.89 0.41 0.50 0.82 1.54 1 1 -0.22 -0.01 5.49 4.50 2/28/2025 Yes 9 43 None
MU Micron Technology Inc Options Chain 2.50 3.10 0.74 1.00 0.74 0.41 19 9 -0.28 -0.07 109.38 103.00 2/28/2025 No 14 68 None
NU Nu Holdings Ltd Class A Options Chain 0.27 0.73 0.33 0.50 0.66 0.66 1 4 -0.27 -0.01 11.48 10.50 2/28/2025 No 16 40 None
SOUN Options Chain 1.27 1.70 0.30 0.50 0.60 1.19 9 1889 -0.30 -0.03 16.52 14.50 2/28/2025 No 3 18 None
RGTI Options Chain 1.95 2.10 0.28 0.50 0.56 1.77 172 105 -0.29 -0.03 13.98 12.00 2/28/2025 No 3 17 None
QUBT Quantum Computing Inc Options Chain 1.60 1.75 0.28 0.50 0.56 1.81 1 88 -0.30 -0.02 11.49 9.50 2/28/2025 No 6 29 None
BILI Bilibili Inc Options Chain 0.52 0.71 0.26 0.50 0.52 0.60 1 7 -0.27 -0.02 17.05 15.50 2/28/2025 No 12 53 None
AMD Advanced Micro Devices Inc Options Chain 3.75 3.85 0.50 1.00 0.50 0.46 136 50 -0.30 -0.09 122.28 115.00 2/28/2025 Yes 10 54 None
MARA Marathon Digital Holdings Inc Options Chain 1.33 1.60 0.25 0.50 0.50 1.00 13 107 -0.30 -0.03 19.56 17.50 2/28/2025 Yes 14 44 None
WOLF Wolfspeed Inc Options Chain 0.69 0.74 0.23 0.50 0.46 1.43 10 1 -0.30 -0.01 6.28 5.50 2/28/2025 Yes 8 35 None
MSTR Microstrategy Inc - Class A Options Chain 29.15 31.55 2.25 5.00 0.45 1.07 52 24 -0.29 -0.64 389.10 345.00 2/28/2025 Yes 4 54 None
ENVX Enovix Corporation Options Chain 0.71 1.05 0.45 1.00 0.45 1.11 1 3 -0.27 -0.02 11.47 10.00 2/28/2025 Yes 4 33 None
SHOP Shopify Inc - Class A Options Chain 4.05 4.45 0.45 1.00 0.45 0.61 2 6 -0.29 -0.10 106.28 98.00 2/28/2025 Yes 14 50 None
SMCI Super Micro Computer Inc Options Chain 2.41 2.77 0.44 1.00 0.44 1.20 22 12 -0.28 -0.06 32.45 28.00 2/28/2025 Yes 17 52 None
RIVN Rivian Automotive Inc - Class A Options Chain 0.63 0.68 0.22 0.50 0.44 0.75 369 111 -0.28 -0.02 13.29 12.00 2/28/2025 Yes 8 29 None
RDDT Reddit Inc - Class A Options Chain 10.55 12.00 2.15 5.00 0.43 0.85 7 37 -0.29 -0.24 188.32 170.00 2/28/2025 No 8 37 None
HOOD Robinhood Markets Inc - Class A Options Chain 2.27 2.44 0.43 1.00 0.43 0.74 172 69 -0.28 -0.06 50.00 45.00 2/28/2025 Yes 11 56 None
TTD Trade Desk Inc - Class A Options Chain 4.45 4.65 0.43 1.00 0.43 0.54 3 2 -0.30 -0.11 124.50 116.00 2/28/2025 Yes 10 57 None
CEG Constellation Energy Corporation Options Chain 9.70 10.50 2.05 5.00 0.41 0.51 11 21 -0.28 -0.27 323.64 300.00 2/28/2025 No 10 50 None
BABA Alibaba Group Holding Ltd Options Chain 1.92 2.37 0.41 1.00 0.41 0.37 16 41 -0.28 -0.05 85.38 81.00 2/28/2025 Yes 17 77 None
AFRM Affirm Holdings Inc - Class A Options Chain 3.35 3.75 0.40 1.00 0.40 0.88 4 3 -0.30 -0.08 56.76 51.00 2/28/2025 Yes 4 45 None
NVDA NVIDIA Corp Options Chain 4.40 4.60 0.40 1.00 0.40 0.48 1157 305 -0.30 -0.11 140.83 132.00 2/28/2025 Yes 17 60 None
RIOT Riot Platforms Inc Options Chain 0.73 0.92 0.20 0.50 0.40 0.98 635 28 -0.26 -0.02 12.74 11.00 2/28/2025 Yes 14 40 None
CVNA Carvana Co. - Class A Options Chain 13.10 13.85 1.90 5.00 0.38 0.82 9 4 -0.30 -0.29 232.32 210.00 2/28/2025 Yes 7 43 None
TSLA Tesla Inc Options Chain 18.50 18.75 1.90 5.00 0.38 0.64 195 101 -0.30 -0.43 424.07 390.00 2/28/2025 Yes 10 60 None
RKLB Rocket Lab USA Inc Options Chain 1.96 2.24 0.38 1.00 0.38 1.05 8 32 -0.27 -0.05 31.27 27.00 2/28/2025 No 6 42 None
SIRI Sirius XM Holdings Inc Options Chain 0.60 0.75 0.19 0.50 0.38 0.49 6 1 -0.29 -0.01 22.19 20.50 2/28/2025 Yes 11 63 None
CRWD Crowdstrike Holdings Inc - Class A Options Chain 7.35 9.40 1.85 5.00 0.37 0.37 6 17 -0.27 -0.24 366.41 345.00 2/28/2025 No 10 54 None
AVGO Broadcom Inc Options Chain 4.80 6.10 1.83 5.00 0.37 0.38 90 192 -0.26 -0.15 240.31 225.00 2/28/2025 No 7 66 None
CSCO Cisco Systems Inc Options Chain 0.92 1.07 0.36 1.00 0.36 0.25 2 10 -0.30 -0.03 61.03 59.00 2/28/2025 Yes 9 65 None
QBTS D-Wave Quantum Inc Options Chain 0.55 0.65 0.18 0.50 0.36 1.53 241 18 -0.25 -0.01 6.29 5.00 2/28/2025 No 5 23 None
SNAP Snap Inc - Class A Options Chain 0.56 0.60 0.18 0.50 0.36 0.81 9 12 -0.29 -0.01 10.56 9.50 2/28/2025 Yes 7 35 None
NKE Nike Inc - Class B Options Chain 1.02 1.43 0.35 1.00 0.35 0.24 20 28 -0.29 -0.03 73.17 71.00 2/28/2025 No 14 57 None
PLTR Palantir Technologies Inc - Class A Options Chain 3.60 3.70 0.35 1.00 0.35 0.71 51 60 -0.30 -0.08 73.07 67.00 2/28/2025 Yes 11 48 None
DASH DoorDash Inc - Class A Options Chain 4.55 6.00 1.73 5.00 0.35 0.47 4 19 -0.27 -0.13 178.10 165.00 2/28/2025 Yes 7 56 None
W Wayfair Inc - Class A Options Chain 1.85 2.56 0.34 1.00 0.34 0.71 6 20 -0.28 -0.05 48.63 44.00 2/28/2025 Yes 7 40 None
SOFI SoFi Technologies Inc Options Chain 0.83 0.86 0.17 0.50 0.34 0.76 226 50 -0.27 -0.02 17.90 16.00 2/28/2025 Yes 6 44 None
IREN Iris Energy Ltd Options Chain 0.55 0.95 0.17 0.50 0.34 1.13 27 44 -0.28 -0.02 10.81 9.50 2/28/2025 No 8 29 None
KO Coca-Cola Company Options Chain 0.66 0.94 0.33 1.00 0.33 0.19 41 31 -0.30 -0.02 62.42 61.00 2/28/2025 Yes 7 69 None