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
PGR Progressive Corp Options Chain 9.60 11.20 2.70 5.00 0.54 0.24 3 31 -0.30 -0.01 227.72 220.00 2/20/2026 Yes 17 74 None
OTLK Outlook Therapeutics Inc Options Chain 0.25 0.60 0.25 0.50 0.50 2.28 57 9 -0.26 -0.01 1.58 1.50 2/20/2026 Yes 5 31 None
ALAB Astera Labs Inc Options Chain 11.50 12.40 2.10 5.00 0.42 0.83 38 28 -0.30 -0.19 171.69 150.00 2/20/2026 No 3 21 None
Z Zillow Group Inc - Class C Options Chain 2.19 3.15 1.02 2.50 0.41 0.52 1 13 -0.29 -0.05 68.22 62.50 2/20/2026 Yes 8 48 None
RDDT Reddit Inc - Class A Options Chain 11.00 11.75 2.00 5.00 0.40 0.73 42 14 -0.26 -0.21 233.36 200.00 2/20/2026 Yes 10 41 None
SGML Sigma Lithium Corporation Options Chain 1.10 1.30 0.40 1.00 0.40 1.21 65 11 -0.26 -0.02 13.81 11.00 2/20/2026 No 3 35 None
IREN Iris Energy Ltd Options Chain 2.89 3.20 0.40 1.00 0.40 0.98 24 150 -0.29 -0.05 37.77 33.00 2/20/2026 Yes 9 32 None
CRMD CorMedix Inc Options Chain 0.75 0.85 0.40 1.00 0.40 0.75 8 13 -0.29 -0.01 11.63 11.00 2/20/2026 No 11 45
Small Cap Stock List
UPST Upstart Holdings Inc Options Chain 2.03 2.58 0.99 2.50 0.40 0.80 29 25 -0.25 -0.05 43.73 37.50 2/20/2026 Yes 7 45 None
ASTS AST SpaceMobile Inc - Class A Options Chain 5.75 6.40 1.95 5.00 0.39 0.95 137 665 -0.30 -0.09 72.63 65.00 2/20/2026 No 5 40 None
SERV Serve Robotics Inc Options Chain 0.60 0.75 0.38 1.00 0.38 0.88 15 7 -0.27 -0.01 10.38 9.00 2/20/2026 No 3 17 None
FLNC Fluence Energy Inc - Class A Options Chain 1.35 1.80 0.38 1.00 0.38 0.99 6 18 -0.29 -0.02 20.00 17.00 2/20/2026 Yes 5 36 None
CIFR Cipher Mining Inc Options Chain 1.14 1.21 0.38 1.00 0.38 0.95 87 11 -0.29 -0.02 14.76 13.00 2/20/2026 No 7 39 None
AG First Majestic Silver Corporation Options Chain 1.10 1.17 0.38 1.00 0.38 0.80 163 157 -0.30 -0.02 16.66 15.00 2/20/2026 Yes 11 48 None
APLD Options Chain 2.01 2.07 0.37 1.00 0.37 1.07 45 242 -0.27 -0.03 24.52 21.00 2/20/2026 No 3 19 None
QBTS D-Wave Quantum Inc Options Chain 1.87 1.99 0.37 1.00 0.37 0.89 61 12 -0.30 -0.03 26.25 23.00 2/20/2026 No 5 29 None
AXON Axon Enterprise Inc Options Chain 12.80 14.30 3.65 10.00 0.36 0.36 2 2 -0.27 -0.29 567.93 530.00 2/20/2026 No 8 53 None
NBIS Nebius Group N.V. - Class A Options Chain 5.80 6.10 1.80 5.00 0.36 0.84 25 91 -0.30 -0.09 83.70 75.00 2/20/2026 No 3 21 None
DJT Trump Media & Technology Group Corp Options Chain 0.70 0.81 0.36 1.00 0.36 0.73 174 128 -0.29 -0.02 13.24 12.00 2/20/2026 No 3 17 None
SBET SharpLink Gaming Inc Options Chain 0.39 0.87 0.36 1.00 0.36 0.84 14 13 -0.29 -0.01 8.94 8.00 2/20/2026 No 8 45 None
HL Hecla Mining Company Options Chain 1.19 1.30 0.36 1.00 0.36 0.82 27 11 -0.29 -0.02 19.19 17.00 2/20/2026 Yes 11 46 None
ONDS Ondas Holdings Inc Options Chain 0.65 0.80 0.35 1.00 0.35 1.14 457 100 -0.24 -0.01 9.76 8.00 2/20/2026 No 8 38 None
FCX Freeport-McMoRan Inc Options Chain 1.25 1.54 0.35 1.00 0.35 0.41 7 5 -0.27 -0.03 51.22 47.00 2/20/2026 Yes 11 61 None
LUNR Intuitive Machines Inc - Class A Options Chain 1.36 1.63 0.35 1.00 0.35 1.10 6 1 -0.29 -0.02 16.23 14.00 2/20/2026 No 8 23 None
UUUU Energy Fuels Inc Options Chain 0.90 1.15 0.35 1.00 0.35 0.83 15 61 -0.30 -0.02 14.54 13.00 2/20/2026 No 6 39 None
AMPX Options Chain 0.55 0.60 0.35 1.00 0.35 0.87 206 1 -0.30 -0.01 7.89 7.00 2/20/2026 No 3 16 None
BMNR BitMine Immersion Technologies Inc Options Chain 2.03 2.10 0.51 1.50 0.34 0.93 211 114 -0.29 -0.03 27.15 24.00 2/20/2026 No 12 23 None
QS QuantumScape Corp - Class A Options Chain 0.52 0.68 0.34 1.00 0.34 0.84 1062 223 -0.26 -0.01 10.42 9.00 2/20/2026 Yes 9 26 None
EOSE Eos Energy Enterprises Inc - Class A Options Chain 0.80 0.88 0.34 1.00 0.34 0.93 51 90 -0.28 -0.01 11.46 10.00 2/20/2026 No 1 32 None
CLSK Cleanspark Inc Options Chain 0.76 0.80 0.34 1.00 0.34 0.90 103 37 -0.30 -0.01 10.12 9.00 2/20/2026 Yes 12 40 None
CRWV CoreWeave Inc - Class A Options Chain 4.65 4.85 0.85 2.50 0.34 0.87 48 190 -0.28 -0.08 73.70 62.50 2/20/2026 No 3 21 None
MP MP Materials Corporation Options Chain 2.15 2.40 0.33 1.00 0.33 0.60 50 27 -0.28 -0.04 50.44 46.00 2/20/2026 Yes 4 50 None
INTC Intel Corp Options Chain 1.38 1.46 0.33 1.00 0.33 0.51 273 515 -0.28 -0.03 36.90 34.00 2/20/2026 Yes 5 43 None
JOBY Joby Aviation Inc Options Chain 0.75 0.80 0.33 1.00 0.33 0.71 131 55 -0.30 -0.01 13.22 12.00 2/20/2026 No 6 33 None
AGI Alamos Gold Inc - Class A Options Chain 1.35 1.60 0.33 1.00 0.33 0.48 7 32 -0.30 -0.03 38.58 36.00 2/20/2026 Yes 14 61 None