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
HRL Hormel Foods Corp Options Chain 0.35 1.55 0.67 1.00 0.67 0.31 6 3 -0.29 -0.01 23.09 22.00 1/16/2026 Yes 12 56 None
OMER Omeros Corporation Options Chain 1.85 2.20 0.60 1.00 0.60 2.05 595 50 -0.29 -0.03 10.62 9.00 1/16/2026 No 5 31 None
SERV Serve Robotics Inc Options Chain 0.60 1.15 0.50 1.00 0.50 1.08 220 141 -0.26 -0.01 11.80 10.00 1/16/2026 No 3 17 None
BW Babcock & Wilcox Enterprises Inc Options Chain 0.55 0.65 0.25 0.50 0.50 1.20 4 2 -0.29 -0.01 6.25 5.50 1/16/2026 No 8 24 None
ASTS AST SpaceMobile Inc - Class A Options Chain 2.86 3.10 0.48 1.00 0.48 0.95 105 19 -0.21 -0.07 57.28 50.00 1/16/2026 No 5 40 None
LAES SEALSQ Corp Options Chain 0.40 0.55 0.23 0.50 0.46 1.14 113 3 -0.29 0.00 4.35 4.00 1/16/2026 Yes 8 15 None
FIVE Five Below Inc Options Chain 6.30 8.60 2.20 5.00 0.44 0.62 39 8 -0.30 -0.15 158.90 150.00 1/16/2026 Yes 11 56 None
NKTR Nektar Therapeutics Options Chain 5.80 9.20 2.20 5.00 0.44 1.47 3 2 -0.30 -0.12 57.13 50.00 1/16/2026 No 10 37 None
RKLB Rocket Lab USA Inc Options Chain 2.45 2.65 0.44 1.00 0.44 0.79 157 86 -0.28 -0.05 44.72 40.00 1/16/2026 No 4 44 None
RGTI Options Chain 1.87 2.04 0.44 1.00 0.44 0.99 123 60 -0.29 -0.04 26.04 23.00 1/16/2026 No 3 19 None
APLD Options Chain 2.74 2.92 0.42 1.00 0.42 1.16 121 804 -0.30 -0.05 28.20 26.00 1/16/2026 No 3 19 None
QBTS D-Wave Quantum Inc Options Chain 1.84 1.97 0.41 1.00 0.41 1.00 79 70 -0.29 -0.03 25.08 22.00 1/16/2026 No 5 29 None
IONQ IonQ Inc Options Chain 2.96 3.25 0.39 1.00 0.39 0.89 3 6 -0.28 -0.06 46.93 43.00 1/16/2026 No 7 46 None
FRMI Fermi Inc Options Chain 1.65 1.95 0.97 2.50 0.39 1.44 132 5 -0.30 -0.02 14.66 12.50 1/16/2026 No 3 17 None
BE Bloom Energy Corp - Class A Options Chain 7.00 10.40 1.90 5.00 0.38 1.09 26 19 -0.29 -0.16 105.35 90.00 1/16/2026 No 7 51 None
CIFR Cipher Mining Inc Options Chain 1.51 1.71 0.38 1.00 0.38 1.15 130 8328 -0.28 -0.03 17.64 16.00 1/16/2026 No 7 40 None
SNDK Sandisk Corp Options Chain 13.40 14.80 1.85 5.00 0.37 0.98 37 23 -0.29 -0.26 194.38 170.00 1/16/2026 No 3 22 None
ODFL Old Dominion Freight Line Inc Options Chain 2.55 3.60 1.83 5.00 0.37 0.38 146 12 -0.24 -0.08 150.94 140.00 1/16/2026 No 11 60 None
CYTK Cytokinetics Inc Options Chain 3.30 5.40 1.82 5.00 0.36 0.98 1 1 -0.27 -0.07 63.51 55.00 1/16/2026 No 2 47 None
OKLO AltC Acquisition Corp - Class A Options Chain 7.35 7.55 1.82 5.00 0.36 1.00 70 87 -0.29 -0.13 96.59 85.00 1/16/2026 No 3 21 None
CELH Celsius Holdings Inc Options Chain 1.30 1.48 0.59 1.66 0.36 0.53 47 104 -0.26 -0.03 41.05 38.33 1/16/2026 No 7 53 None
CRWV CoreWeave Inc - Class A Options Chain 4.65 5.00 0.88 2.50 0.35 0.86 150 120 -0.28 -0.10 76.59 70.00 1/16/2026 No 3 21 None
WVE Wave Life Sciences Ltd Options Chain 0.40 1.15 0.35 1.00 0.35 1.81 938 14 -0.18 -0.02 7.14 6.00 1/16/2026 No 10 37 None
RIOT Riot Platforms Inc Options Chain 1.04 1.11 0.35 1.00 0.35 0.89 417 39 -0.29 -0.02 15.64 14.00 1/16/2026 No 10 49 None
PGY Options Chain 1.05 1.80 0.35 1.00 0.35 0.82 1 27 -0.30 -0.03 23.82 21.00 1/16/2026 No 3 18 None
BBAI BigBear.ai Holdings Inc Options Chain 0.42 0.48 0.17 0.50 0.34 0.90 136 422 -0.30 -0.01 5.81 5.50 1/16/2026 No 5 17 None
ONDS Ondas Holdings Inc Options Chain 0.80 0.90 0.50 1.50 0.33 1.30 237 250 -0.27 -0.02 8.92 7.50 1/16/2026 No 8 38 None
CRK Comstock Resources Inc Options Chain 0.70 0.85 0.33 1.00 0.33 0.54 35 13 -0.24 -0.02 25.36 24.00 1/16/2026 No 3 42 None
ASPI ASP Isotopes Inc Options Chain 0.50 0.75 0.33 1.00 0.33 1.30 2 155 -0.29 -0.01 5.58 5.00 1/16/2026 Yes 6 19 None
U Unity Software Inc Options Chain 1.96 2.09 0.33 1.00 0.33 0.61 12 49 -0.30 -0.04 44.62 41.00 1/16/2026 No 4 42 None