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
CFLT Confluent Inc Class A Options Chain 0.60 2.50 1.07 1.00 1.07 0.57 55 1 -0.25 -0.02 23.35 21.00 1/16/2026 No 4 40 None
VTGN VistaGen Therapeutics Inc Options Chain 1.45 2.15 0.60 1.00 0.60 3.60 6 7 -0.26 -0.02 4.28 4.00 1/16/2026 No 8 31 None
BW Babcock & Wilcox Enterprises Inc Options Chain 0.65 0.95 0.27 0.50 0.54 1.35 6 136 -0.25 -0.02 6.75 5.50 1/16/2026 No 8 24 None
SMCI Super Micro Computer Inc Options Chain 1.22 2.35 0.53 1.00 0.53 0.70 1 9 -0.28 -0.03 34.23 31.00 1/23/2026 No 12 50 None
HIMS Hims & Hers Health Inc - Class A Options Chain 1.90 3.00 0.49 1.00 0.49 0.75 1 28 -0.30 -0.05 39.90 36.00 1/23/2026 No 11 41 None
RARE Ultragenyx Pharmaceutical Inc Options Chain 3.30 4.50 1.22 2.50 0.49 1.51 1 6 -0.26 -0.07 36.00 30.00 1/16/2026 No 9 38 None
QURE uniQure N.V. Options Chain 1.55 1.75 0.45 1.00 0.45 0.98 32 26 -0.29 -0.03 22.46 19.00 1/16/2026 No 9 43 None
IRBT Irobot Corp Options Chain 0.70 0.85 0.43 1.00 0.43 2.29 1489 4652 -0.30 -0.01 3.04 3.00 1/16/2026 No 8 40 None
CRVS Corvus Pharmaceuticals Inc Options Chain 0.95 1.20 0.43 1.00 0.43 1.34 1 1 -0.30 -0.02 8.81 8.00 1/16/2026 No 10 36 None
SA Seabridge Gold Inc Options Chain 1.10 1.35 0.40 1.00 0.40 0.65 30 7 -0.27 -0.03 30.84 27.00 1/16/2026 No 4 42 None
ONDS Ondas Holdings Inc Options Chain 0.75 0.95 0.20 0.50 0.40 1.24 3 5 -0.27 -0.01 9.05 7.50 1/23/2026 No 8 38 None
ADBE Adobe Inc Options Chain 9.60 12.00 1.97 5.00 0.39 0.41 2 2 -0.30 -0.18 328.73 325.00 1/23/2026 Yes 12 63 None
INCY Incyte Corp Options Chain 1.80 4.00 0.95 2.50 0.38 0.46 3 1 -0.26 -0.07 101.26 95.00 1/16/2026 No 17 68 None
UPS United Parcel Service Inc - Class B Options Chain 0.92 2.43 0.38 1.00 0.38 0.30 1 1 -0.27 -0.04 94.76 91.00 1/23/2026 No 10 65 None
AMPX Options Chain 0.85 1.00 0.38 1.00 0.38 0.96 111 48 -0.30 -0.02 12.22 11.00 1/16/2026 No 3 17 None
FRMI Fermi Inc Options Chain 1.50 1.65 0.93 2.50 0.37 1.46 85 22 -0.26 -0.03 15.93 12.50 1/16/2026 No 3 18 None
TSM Taiwan Semiconductor Manufacturing Options Chain 6.80 8.15 1.85 5.00 0.37 0.39 28 3 -0.26 -0.16 292.93 275.00 1/23/2026 Yes 22 74
Dividend Stock List
SOFI SoFi Technologies Inc Options Chain 1.18 1.32 0.37 1.00 0.37 0.64 961 376 -0.28 -0.03 29.60 25.00 1/23/2026 No 10 50 None
SMR Options Chain 1.12 1.90 0.36 1.00 0.36 0.95 22 11 -0.27 -0.03 22.85 19.00 1/23/2026 No 3 19 None
CALM Cal-Maine Foods Inc Options Chain 1.90 3.80 1.77 5.00 0.35 0.40 61 10 -0.30 -0.05 85.21 80.00 1/16/2026 Yes 22 71
Dividend Stock List
GEO Geo Group Inc Options Chain 0.55 0.80 0.35 1.00 0.35 0.53 504 128 -0.30 -0.01 17.24 16.00 1/16/2026 No 12 48 None
WYFI Whitefiber Inc Options Chain 1.40 2.20 0.85 2.50 0.34 1.13 25 6 -0.30 -0.04 21.08 17.50 1/16/2026 No 3 18 None
ORCL Oracle Corp Options Chain 7.65 9.40 1.68 5.00 0.34 0.58 9 20 -0.28 -0.16 217.20 195.00 1/23/2026 Yes 8 62 None