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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CMPX | Compass Therapeutics Inc | Options Chain | 0.70 | 0.95 | 0.70 | 1.00 | 0.70 | 3.09 | 27 | 28 | -0.28 | -0.01 | 2.17 | 2.00 | 5/16/2025 | No | 8 | 26 | None | |
| GME | Gamestop Corporation - Class A | Options Chain | 1.28 | 1.60 | 0.59 | 1.00 | 0.59 | 0.69 | 4 | 58 | -0.29 | -0.02 | 25.40 | 23.00 | 5/16/2025 | Yes | 12 | 33 | None | |
| ROOT | Root Inc - Class A | Options Chain | 15.50 | 16.70 | 2.40 | 5.00 | 0.48 | 1.04 | 4 | 13 | -0.30 | -0.23 | 168.56 | 150.00 | 5/16/2025 | Yes | 9 | 52 | None | |
| RKLB | Rocket Lab USA Inc | Options Chain | 1.32 | 1.37 | 0.46 | 1.00 | 0.46 | 0.82 | 9 | 32 | -0.29 | -0.02 | 20.27 | 18.00 | 5/16/2025 | No | 6 | 40 | None | |
| BBAI | BigBear.ai Inc | Options Chain | 0.35 | 0.45 | 0.23 | 0.50 | 0.46 | 1.28 | 70 | 24 | -0.29 | -0.01 | 3.51 | 3.00 | 5/16/2025 | No | 6 | 21 | None | |
| ASTS | AST SpaceMobile Inc - Class A | Options Chain | 3.05 | 3.15 | 0.42 | 1.00 | 0.42 | 1.18 | 4468 | 5 | -0.30 | -0.04 | 28.55 | 25.00 | 5/16/2025 | Yes | 5 | 42 | None | |
| OKLO | AltC Acquisition Corp - Class A | Options Chain | 2.31 | 2.47 | 0.41 | 1.00 | 0.41 | 1.01 | 329 | 15 | -0.28 | -0.04 | 28.93 | 25.00 | 5/16/2025 | No | 3 | 19 | None | |
| SOUN | Options Chain | 0.94 | 0.98 | 0.41 | 1.00 | 0.41 | 1.04 | 75 | 52 | -0.30 | -0.01 | 10.20 | 9.00 | 5/16/2025 | No | 3 | 17 | None | ||
| IONQ | IonQ Inc | Options Chain | 2.47 | 2.56 | 1.00 | 2.50 | 0.40 | 1.09 | 41 | 171 | -0.30 | -0.04 | 26.12 | 22.50 | 5/16/2025 | No | 7 | 40 | None | |
| QUBT | Quantum Computing Inc | Options Chain | 0.85 | 1.00 | 0.40 | 1.00 | 0.40 | 1.44 | 27 | 29 | -0.14 | 0.00 | 8.75 | 6.00 | 5/16/2025 | Yes | 6 | 28 | None | |
| DB | Deutsche Bank AG | Options Chain | 0.45 | 1.05 | 0.40 | 1.00 | 0.40 | 0.38 | 22 | 1 | -0.23 | -0.01 | 25.25 | 23.00 | 5/16/2025 | Yes | 17 | 67 | None | |
| SMCI | Super Micro Computer Inc | Options Chain | 3.25 | 3.35 | 0.39 | 1.00 | 0.39 | 0.94 | 22 | 237 | -0.29 | -0.05 | 40.64 | 36.00 | 5/16/2025 | Yes | 12 | 52 | None | |
| HIMS | Hims & Hers Health Inc - Class A | Options Chain | 3.35 | 3.50 | 0.39 | 1.00 | 0.39 | 1.01 | 35 | 62 | -0.30 | -0.05 | 37.41 | 33.00 | 5/16/2025 | No | 13 | 47 | None | |
| SWTX | SpringWorks Therapeutics Inc | Options Chain | 3.10 | 4.30 | 1.93 | 5.00 | 0.39 | 1.06 | 50 | 377 | -0.27 | -0.07 | 47.21 | 40.00 | 5/16/2025 | Yes | 10 | 41 | None | |
| LMND | Lemonade Inc | Options Chain | 2.75 | 2.95 | 0.38 | 1.00 | 0.38 | 0.94 | 3 | 1 | -0.29 | -0.04 | 36.91 | 32.00 | 5/16/2025 | Yes | 9 | 34 | None | |
| APP | Applovin Corp - Class A | Options Chain | 27.00 | 27.70 | 3.70 | 10.00 | 0.37 | 0.90 | 43 | 128 | -0.30 | -0.43 | 346.29 | 310.00 | 5/16/2025 | Yes | 9 | 59 | None | |
| LUNR | Intuitive Machines Inc - Class A | Options Chain | 0.77 | 0.82 | 0.37 | 1.00 | 0.37 | 1.01 | 37 | 34 | -0.30 | -0.01 | 9.22 | 8.00 | 5/16/2025 | No | 7 | 23 | None | |
| MSTR | Microstrategy Inc - Class A | Options Chain | 21.85 | 22.45 | 1.83 | 5.00 | 0.37 | 0.80 | 40 | 634 | -0.29 | -0.35 | 335.72 | 305.00 | 5/16/2025 | Yes | 4 | 57 | None | |
| NAK | Northern Dynasty Minerals Ltd | Options Chain | 0.15 | 0.25 | 0.18 | 0.50 | 0.36 | 1.86 | 83 | 10 | -0.26 | 0.00 | 1.16 | 1.00 | 5/16/2025 | Yes | 10 | 28 | None | |
| TSLA | Tesla Inc | Options Chain | 15.70 | 15.95 | 1.78 | 5.00 | 0.36 | 0.69 | 1196 | 533 | -0.29 | -0.27 | 288.14 | 260.00 | 5/16/2025 | Yes | 8 | 52 | None | |
| COIN | Coinbase Global Inc - Class A | Options Chain | 10.90 | 11.50 | 1.75 | 5.00 | 0.35 | 0.68 | 68 | 163 | -0.29 | -0.19 | 204.23 | 185.00 | 5/16/2025 | Yes | 13 | 63 | None | |
| NNE | Nano Nuclear Energy Inc | Options Chain | 1.85 | 2.15 | 0.35 | 1.00 | 0.35 | 0.76 | 1 | 1 | -0.27 | -0.01 | 31.63 | 27.00 | 5/16/2025 | No | 3 | 19 | None | |
| XPEV | XPeng Inc | Options Chain | 1.13 | 1.18 | 0.35 | 1.00 | 0.35 | 0.68 | 2 | 4 | -0.30 | -0.02 | 21.01 | 19.00 | 5/16/2025 | No | 11 | 52 | None | |
| LAZR | Luminar Technologies Inc - Class A | Options Chain | 0.62 | 0.68 | 0.34 | 1.00 | 0.34 | 1.38 | 8 | 6 | -0.25 | -0.01 | 6.41 | 5.00 | 5/16/2025 | No | 6 | 29 | None | |
| SMR | Options Chain | 1.31 | 1.37 | 0.34 | 1.00 | 0.34 | 0.95 | 2 | 12 | -0.27 | -0.02 | 18.71 | 16.00 | 5/16/2025 | No | 3 | 18 | None | ||
| AFRM | Affirm Holdings Inc - Class A | Options Chain | 3.35 | 3.45 | 0.85 | 2.50 | 0.34 | 0.84 | 119 | 18 | -0.28 | -0.06 | 50.93 | 45.00 | 5/16/2025 | No | 4 | 45 | None | |
| RDDT | Reddit Inc - Class A | Options Chain | 8.15 | 8.60 | 1.68 | 5.00 | 0.34 | 0.87 | 34 | 32 | -0.27 | -0.14 | 125.43 | 110.00 | 5/16/2025 | Yes | 8 | 39 | None | |
| CVNA | Carvana Co. - Class A | Options Chain | 13.75 | 14.85 | 1.68 | 5.00 | 0.34 | 0.84 | 34 | 197 | -0.28 | -0.25 | 221.66 | 195.00 | 5/16/2025 | Yes | 5 | 47 | None | |
| W | Wayfair Inc - Class A | Options Chain | 2.58 | 2.73 | 0.83 | 2.50 | 0.33 | 0.78 | 21 | 6 | -0.30 | -0.04 | 38.62 | 35.00 | 5/16/2025 | Yes | 7 | 40 | None | |
| GRPN | Groupon Inc | Options Chain | 1.05 | 1.20 | 0.33 | 1.00 | 0.33 | 0.83 | 55 | 19 | -0.27 | -0.02 | 17.99 | 16.00 | 5/16/2025 | Yes | 7 | 32 | None | |
| PINS | Pinterest Inc - Class A | Options Chain | 1.50 | 1.58 | 0.33 | 1.00 | 0.33 | 0.55 | 1 | 2 | -0.29 | -0.03 | 34.04 | 32.00 | 5/16/2025 | Yes | 18 | 54 |
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