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 | 53.31 | 50.00 | 5/16/2025 | No | 9 | 58 | 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 | 32.15 | 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 | 31.60 | 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 | 31.05 | 27.00 | 5/16/2025 | No | 14 | 46 | 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 | 19.84 | 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 | 25.13 | 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 | 42.16 | 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 | 47.26 | 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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