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
TRON Corner Growth Acquisition Corp 2 - Class A Options Chain 0.10 0.55 0.23 0.50 0.46 1.29 2 40 -0.26 0.00 2.54 2.00 6/18/2026 No 3 11 None
USAR USA Rare Earth Inc - Class A Options Chain 2.22 2.44 0.42 1.00 0.42 1.07 32 56 -0.30 -0.04 27.37 24.00 6/18/2026 No 3 19 None
WULF TeraWulf Inc Options Chain 1.67 1.88 0.39 1.00 0.39 0.94 236 102 -0.30 -0.03 23.58 21.00 6/18/2026 Yes 2 39 None
XE X-Energy Inc - Class A Options Chain 2.35 2.75 0.97 2.50 0.39 1.08 304 45 -0.29 -0.04 28.46 25.00 6/18/2026 No 3 19 None
WDC Western Digital Corp Options Chain 24.90 27.00 3.50 10.00 0.35 0.81 90 93 -0.28 -0.51 474.63 410.00 6/18/2026 No 13 66 None
U Unity Software Inc Options Chain 1.56 1.74 0.34 1.00 0.34 0.87 97 4 -0.27 -0.03 27.71 24.00 6/18/2026 Yes 6 37 None
TOST Toast Inc - Class A Options Chain 1.19 1.42 0.33 1.00 0.33 0.64 20 17 -0.29 -0.03 28.63 26.00 6/18/2026 Yes 13 46 None