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
LW Lamb Weston Holdings Inc Options Chain 1.30 4.30 1.38 2.50 0.55 0.47 11 15 -0.30 -0.04 54.15 50.00 5/16/2025 Yes 9 56 None
KD Kyndryl Holdings Inc Options Chain 1.35 1.45 0.55 1.00 0.55 0.63 3 27 -0.27 -0.03 33.09 30.00 5/16/2025 No 10 46 None
LMND Lemonade Inc Options Chain 2.25 2.75 0.55 1.00 0.55 1.05 54 1 -0.28 -0.05 31.99 28.00 5/16/2025 Yes 9 34 None
MCHP Microchip Technology Inc Options Chain 1.65 2.65 1.05 2.50 0.42 0.53 19 6 -0.28 -0.04 48.93 45.00 5/16/2025 Yes 5 52 None
OKLO AltC Acquisition Corp - Class A Options Chain 1.98 2.02 0.42 1.00 0.42 1.09 51 7 -0.30 -0.03 22.70 20.00 5/16/2025 No 3 19 None
UPST Upstart Holdings Inc Options Chain 4.45 4.60 1.00 2.50 0.40 1.13 27 46 -0.30 -0.08 47.63 42.50 5/16/2025 Yes 4 41 None
HIMS Hims & Hers Health Inc - Class A Options Chain 2.59 2.67 0.39 1.00 0.39 1.13 36 19 -0.28 -0.05 31.22 27.00 5/16/2025 No 14 47 None
PLTR Palantir Technologies Inc - Class A Options Chain 5.40 5.80 0.95 2.50 0.38 0.86 356 1997 -0.28 -0.11 87.45 77.50 5/16/2025 Yes 10 45 None
NBIS Nebius Group N.V. - Class A Options Chain 1.75 1.90 0.38 1.00 0.38 1.06 67 111 -0.27 -0.04 24.45 21.00 5/16/2025 No 3 19 None
RUM Rumble Inc - Class A Options Chain 0.45 0.55 0.38 1.00 0.38 0.90 78 2 -0.27 -0.01 8.06 7.00 5/16/2025 No 8 25 None
NNE Nano Nuclear Energy Inc Options Chain 1.65 1.85 0.38 1.00 0.38 0.91 12 6 -0.28 -0.02 24.50 21.00 5/16/2025 No 3 19 None
EH EHang Holdings Ltd Options Chain 1.05 1.15 0.38 1.00 0.38 0.73 2 7 -0.30 -0.02 19.78 18.00 5/16/2025 No 11 1 None
ASTS AST SpaceMobile Inc - Class A Options Chain 2.03 2.09 0.56 1.50 0.37 1.24 7 48 -0.28 -0.04 22.41 19.00 5/16/2025 Yes 5 42 None
APP Applovin Corp - Class A Options Chain 22.70 23.40 3.70 10.00 0.37 1.10 131 45 -0.27 -0.44 290.39 250.00 5/16/2025 Yes 10 59 None
SMCI Super Micro Computer Inc Options Chain 2.55 2.60 0.37 1.00 0.37 0.96 11 97 -0.29 -0.05 35.09 31.00 5/16/2025 Yes 13 53 None
SWTX SpringWorks Therapeutics Inc Options Chain 2.50 4.50 1.83 5.00 0.37 1.04 404 41 -0.29 -0.08 46.52 40.00 5/16/2025 Yes 10 42 None
VRT Vertiv Holdings Co - Class A Options Chain 4.75 4.90 0.90 2.50 0.36 0.79 34 7 -0.30 -0.09 77.11 70.00 5/16/2025 Yes 11 57 None
GRRR Gorilla Technology Group Inc Options Chain 1.90 2.00 0.88 2.50 0.35 1.57 286 17 -0.21 -0.02 20.77 15.00 5/16/2025 No 13 31 None
AFRM Affirm Holdings Inc - Class A Options Chain 3.25 3.35 0.88 2.50 0.35 0.91 21 124 -0.29 -0.06 47.75 42.50 5/16/2025 No 4 43 None
CORZ Core Scientific Inc - New Options Chain 0.45 0.87 0.35 1.00 0.35 1.22 1004 21 -0.23 -0.01 8.00 7.00 5/16/2025 Yes 5 25 None
SMR Options Chain 1.00 1.07 0.35 1.00 0.35 1.00 1 13 -0.27 -0.02 15.11 13.00 5/16/2025 No 3 18 None
HOOD Robinhood Markets Inc - Class A Options Chain 2.47 2.53 0.35 1.00 0.35 0.82 2393 338 -0.28 -0.05 42.68 38.00 5/16/2025 Yes 11 60 None
RDW Redwire Corporation Options Chain 0.65 0.75 0.35 1.00 0.35 1.01 65 41 -0.29 -0.01 9.21 8.00 5/16/2025 No 3 36 None
BE Bloom Energy Corp - Class A Options Chain 1.25 1.35 0.35 1.00 0.35 0.81 3 7 -0.30 -0.03 21.12 19.00 5/16/2025 Yes 5 1 None
MSTR Microstrategy Inc - Class A Options Chain 19.50 20.10 1.73 5.00 0.35 0.84 153 43 -0.29 -0.38 312.54 280.00 5/16/2025 Yes 4 57 None
ROKU Roku Inc - Class A Options Chain 3.85 4.25 1.69 5.00 0.34 0.72 25 33 -0.30 -0.08 71.42 65.00 5/16/2025 Yes 10 45 None
COIN Coinbase Global Inc - Class A Options Chain 9.60 9.80 1.68 5.00 0.34 0.73 98 182 -0.29 -0.20 174.52 165.00 5/16/2025 Yes 14 63 None
QUBT Quantum Computing Inc Options Chain 0.65 0.75 0.33 1.00 0.33 1.42 25 4 -0.23 -0.01 7.85 6.00 5/16/2025 Yes 6 28 None
XPEV XPeng Inc Options Chain 0.98 1.02 0.33 1.00 0.33 0.69 5 38 -0.28 -0.02 21.12 19.00 5/16/2025 No 11 52 None
GM General Motors Company Options Chain 1.39 1.41 0.33 1.00 0.33 0.42 1086 772 -0.29 -0.03 47.98 45.00 5/16/2025 Yes 16 67 None
SNAP Snap Inc - Class A Options Chain 0.63 0.65 0.33 1.00 0.33 0.90 49 8 -0.30 -0.01 8.88 8.00 5/16/2025 Yes 7 34 None
DAL Delta Air Lines Inc Options Chain 1.68 1.87 0.33 1.00 0.33 0.55 111 1685 -0.30 -0.04 42.42 40.00 5/16/2025 Yes 11 65 None
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