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
ENPH Enphase Energy Inc Options Chain 1.06 2.29 0.49 1.00 0.49 0.76 7 2 -0.30 -0.04 30.54 29.00 11/27/2026 Yes 11 51 None
SMCI Super Micro Computer Inc Options Chain 1.57 2.39 0.48 1.00 0.48 0.89 2 4 -0.29 -0.04 32.10 29.00 11/27/2026 Yes 18 57 None
RIVN Rivian Automotive Inc - Class A Options Chain 0.31 0.76 0.24 0.50 0.48 0.62 6 5 -0.28 -0.01 12.34 11.50 11/27/2026 Yes 7 36 None
FCEL Fuelcell Energy Inc Options Chain 0.60 1.05 0.45 1.00 0.45 0.97 101 2 -0.29 -0.02 12.90 11.00 11/27/2026 No 9 37 None
IREN Iris Energy Ltd Options Chain 1.86 2.12 0.44 1.00 0.44 1.09 177 85 -0.27 -0.04 27.65 23.00 11/27/2026 Yes 5 43 None
OXY Occidental Petroleum Corp Options Chain 1.22 2.01 0.44 1.00 0.44 0.37 10 9 -0.30 -0.04 62.72 60.00 11/27/2026 Yes 9 62 None
CLF Cleveland-Cliffs Inc Options Chain 0.44 0.61 0.22 0.50 0.44 0.62 5 5 -0.29 -0.01 14.12 12.50 11/27/2026 Yes 5 30 None
CRWV CoreWeave Inc - Class A Options Chain 4.45 4.70 0.43 1.00 0.43 0.97 29 590 -0.30 -0.09 61.25 56.00 11/27/2026 No 3 21 None
CIFR Cipher Mining Inc Options Chain 0.45 0.70 0.42 1.00 0.42 1.20 53 2 -0.21 -0.01 8.89 7.00 11/27/2026 Yes 6 37 None
NBIS Nebius Group N.V. - Class A Options Chain 8.90 10.90 2.07 5.00 0.41 0.92 28 35 -0.27 -0.23 170.24 150.00 11/27/2026 No 3 22 None
BE Bloom Energy Corp - Class A Options Chain 11.75 13.15 2.00 5.00 0.40 0.83 44 8 -0.29 -0.29 226.22 200.00 11/27/2026 Yes 5 15 None
OKLO AltC Acquisition Corp - Class A Options Chain 1.51 1.69 0.39 1.00 0.39 0.82 4 4 -0.30 -0.04 27.24 25.00 11/27/2026 No 3 19 None
ARM Options Chain 10.25 11.00 1.90 5.00 0.38 0.73 9 9 -0.28 -0.24 228.35 200.00 11/27/2026 No 3 22 None
GM General Motors Company Options Chain 1.45 1.96 0.38 1.00 0.38 0.33 17 9 -0.29 -0.05 82.40 74.00 11/27/2026 Yes 9 59 None
ORCL Oracle Corp Options Chain 5.00 5.15 0.38 1.00 0.38 0.56 8 1 -0.30 -0.12 129.59 122.00 11/27/2026 No 8 65 None
KO Coca-Cola Company Options Chain 0.89 1.29 0.37 1.00 0.37 0.21 11 4 -0.26 -0.03 93.42 90.00 11/27/2026 Yes 9 61 None
DIS Walt Disney Co (The) Options Chain 2.17 2.60 0.37 1.00 0.37 0.33 13 2 -0.29 -0.06 109.59 106.00 11/27/2026 Yes 10 62 None
HIMS Hims & Hers Health Inc - Class A Options Chain 1.36 1.66 0.36 1.00 0.36 0.84 8 12 -0.27 -0.04 28.12 26.00 11/27/2026 Yes 6 39 None
PEP PepsiCo Inc Options Chain 1.41 1.80 0.36 1.00 0.36 0.20 6 2 -0.29 -0.05 133.57 130.00 11/27/2026 No 9 55 None
ASTS AST SpaceMobile Inc - Class A Options Chain 2.42 2.80 0.36 1.00 0.36 0.91 3 19 -0.29 -0.06 41.89 37.00 11/27/2026 Yes 4 42 None
BB BlackBerry Ltd Options Chain 0.23 0.34 0.18 0.50 0.36 0.58 1 21 -0.28 -0.01 8.17 8.00 11/27/2026 No 15 41 None
SMR Options Chain 0.19 0.43 0.18 0.50 0.36 0.82 9 3 -0.29 -0.01 5.69 5.00 11/27/2026 No 3 16 None
HOOD Robinhood Markets Inc - Class A Options Chain 4.10 4.25 0.35 1.00 0.35 0.64 114 1 -0.29 -0.10 96.36 90.00 11/27/2026 Yes 10 56 None
PYPL PayPal Holdings Inc Options Chain 0.80 1.84 0.34 1.00 0.34 0.41 2 1 -0.26 -0.03 56.51 53.00 11/27/2026 Yes 10 50 None
UBER Uber Technologies Inc Options Chain 1.72 1.90 0.34 1.00 0.34 0.41 30 6 -0.29 -0.05 69.96 65.00 11/27/2026 Yes 11 62 None
BABA Alibaba Group Holding Ltd Options Chain 2.97 3.20 0.34 1.00 0.34 0.41 16 1 -0.30 -0.07 108.57 103.00 11/27/2026 Yes 12 26 None
DELL Dell Technologies Inc - Class C Options Chain 20.45 24.35 1.67 5.00 0.33 0.68 5 30 -0.30 -0.51 456.00 425.00 11/27/2026 Yes 13 59 None
NFLX Netflix Inc Options Chain 1.77 2.04 0.33 1.00 0.33 0.45 99 161 -0.28 -0.05 69.85 64.00 11/27/2026 Yes 9 63 None