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
SHOP Shopify Inc - Class A Options Chain 4.25 6.80 2.00 5.00 0.40 0.62 1 7 -0.26 -0.11 122.96 115.00 5/1/2026 No 8 58 None
NVTS Navitas Semiconductor Corp Options Chain 0.68 0.82 0.20 0.50 0.40 1.06 1 24 -0.27 -0.01 10.49 8.50 5/1/2026 No 6 35 None
CRWV CoreWeave Inc - Class A Options Chain 5.15 5.80 0.38 1.00 0.38 0.88 3 14 -0.29 -0.10 85.86 74.00 5/1/2026 No 3 21 None
SMCI Super Micro Computer Inc Options Chain 1.51 2.10 0.38 1.00 0.38 0.71 1 57 -0.30 -0.03 31.86 29.00 5/1/2026 No 11 54 None
ONDS Ondas Holdings Inc Options Chain 0.82 1.02 0.19 0.50 0.38 1.15 11 80 -0.27 -0.02 10.53 9.50 5/1/2026 Yes 7 38 None
LLY Lilly(Eli) & Company Options Chain 30.10 35.90 1.87 5.00 0.37 0.43 1 3 -0.30 -0.63 989.12 875.00 5/1/2026 Yes 9 64 None
TSM Taiwan Semiconductor Manufacturing Options Chain 10.85 11.75 1.87 5.00 0.37 0.43 1 2 -0.30 -0.23 340.23 325.00 5/1/2026 Yes 20 62
Dividend Stock List
HIMS Hims & Hers Health Inc - Class A Options Chain 1.12 1.58 0.37 1.00 0.37 0.86 1 28 -0.26 -0.02 24.88 21.00 5/1/2026 No 9 43 None
BMNR BitMine Immersion Technologies Inc Options Chain 1.60 1.92 0.37 1.00 0.37 0.93 43 12 -0.30 -0.03 23.39 21.00 5/1/2026 No 12 37 None
INTC Intel Corp Options Chain 1.97 2.17 0.35 1.00 0.35 0.66 81 70 -0.28 -0.04 45.76 40.00 5/1/2026 Yes 5 51 None
HOOD Robinhood Markets Inc - Class A Options Chain 3.65 4.10 0.35 1.00 0.35 0.69 4 4 -0.29 -0.07 75.31 70.00 5/1/2026 Yes 9 57 None
ASTS AST SpaceMobile Inc - Class A Options Chain 7.15 7.80 0.35 1.00 0.35 0.97 22 11 -0.30 -0.13 89.11 85.00 5/1/2026 Yes 4 39 None
XOM Exxon Mobil Corp Options Chain 3.10 4.45 0.84 2.50 0.34 0.30 6 2 -0.30 -0.08 157.23 152.50 5/1/2026 Yes 11 73 None