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.
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TTD | Trade Desk Inc - Class A | Options Chain | 1.08 | 1.42 | 0.68 | 1.00 | 0.68 | 0.60 | 3 | 1 | -0.30 | -0.02 | 26.49 | 25.00 | 5/1/2026 | No | 12 | 52 | None | |
| CCL | Carnival Corp (Paired Stock) | Options Chain | 0.73 | 1.19 | 0.50 | 1.00 | 0.50 | 0.67 | 3 | 1 | -0.25 | -0.02 | 23.90 | 21.00 | 5/1/2026 | Yes | 14 | 64 | None | |
| ACHR | Archer Aviation Inc - Class A | Options Chain | 0.27 | 0.52 | 0.23 | 0.50 | 0.46 | 0.80 | 100 | 51 | -0.30 | -0.01 | 6.16 | 5.50 | 5/1/2026 | No | 7 | 37 | None | |
| ONDS | Ondas Holdings Inc | Options Chain | 0.99 | 1.22 | 0.20 | 0.50 | 0.40 | 1.20 | 2 | 10 | -0.30 | -0.02 | 10.37 | 9.00 | 5/1/2026 | Yes | 7 | 38 | None | |
| EOSE | Eos Energy Enterprises Inc - Class A | Options Chain | 0.43 | 0.72 | 0.19 | 0.50 | 0.38 | 1.16 | 10 | 10 | -0.29 | -0.01 | 6.12 | 5.00 | 5/1/2026 | No | 7 | 30 | None | |
| SOUN | Options Chain | 0.28 | 0.60 | 0.18 | 0.50 | 0.36 | 0.74 | 1 | 15 | -0.30 | -0.01 | 7.30 | 6.50 | 5/1/2026 | No | 3 | 16 | None | ||
| GOOGL | Alphabet Inc - Class A | Options Chain | 7.50 | 10.15 | 1.78 | 5.00 | 0.36 | 0.43 | 5 | 1 | -0.27 | -0.18 | 303.55 | 280.00 | 5/1/2026 | Yes | 11 | 64 | None | |
| MU | Micron Technology Inc | Options Chain | 24.30 | 27.65 | 1.75 | 5.00 | 0.35 | 0.75 | 1 | 5 | -0.30 | -0.44 | 405.35 | 385.00 | 5/1/2026 | Yes | 11 | 64 | None | |
| BMY | Bristol-Myers Squibb Company | Options Chain | 1.19 | 1.73 | 0.35 | 1.00 | 0.35 | 0.37 | 576 | 134 | -0.28 | -0.02 | 59.26 | 55.00 | 5/1/2026 | Yes | 15 | 60 | None | |
| AVGO | Broadcom Inc | Options Chain | 11.30 | 13.80 | 1.72 | 5.00 | 0.34 | 0.54 | 5 | 498 | -0.28 | -0.23 | 336.25 | 295.00 | 5/1/2026 | No | 12 | 67 | None | |
| MSFT | Microsoft Corporation | Options Chain | 10.40 | 12.20 | 1.72 | 5.00 | 0.34 | 0.37 | 44 | 4 | -0.30 | -0.23 | 401.86 | 375.00 | 5/1/2026 | Yes | 15 | 72 | None | |
| BMNR | BitMine Immersion Technologies Inc | Options Chain | 1.32 | 1.71 | 0.33 | 1.00 | 0.33 | 0.97 | 3 | 3 | -0.28 | -0.03 | 20.55 | 18.00 | 5/1/2026 | No | 12 | 37 | None |