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
NVTS Navitas Semiconductor Corp Options Chain 4.20 4.55 0.48 1.00 0.48 1.43 22 4 -0.30 -0.06 29.01 28.00 7/17/2026 No 6 37 None
MRVL Marvell Technology Inc Options Chain 18.20 18.85 2.35 5.00 0.47 0.85 53 28 -0.29 -0.24 195.20 190.00 7/17/2026 Yes 11 59 None
MRAM Everspin Technologies Inc Options Chain 3.90 4.30 1.17 2.50 0.47 1.70 11 1 -0.24 -0.07 33.33 25.00 7/17/2026 No 10 1 None
HLIT Harmonic Inc Options Chain 1.60 2.35 1.15 2.50 0.46 1.05 7 13 -0.30 -0.03 16.56 15.00 7/17/2026 No 9 44 None
BP BP plc Options Chain 1.59 1.76 0.39 1.00 0.39 0.31 8 5 -0.29 -0.02 44.36 42.00 7/17/2026 No 13 62 None
CRWV CoreWeave Inc - Class A Options Chain 6.00 6.50 0.97 2.50 0.39 0.81 2 8 -0.28 -0.10 105.49 92.50 7/17/2026 No 3 22 None
INTC Intel Corp Options Chain 8.45 8.70 1.93 5.00 0.39 0.81 79 109 -0.28 -0.13 118.15 110.00 7/17/2026 No 5 55 None
MU Micron Technology Inc Options Chain 64.40 65.85 3.75 10.00 0.38 0.91 150 135 -0.30 -1.03 745.56 770.00 7/17/2026 Yes 13 66 None
LWLG Lightwave Logic Inc Options Chain 1.20 1.40 0.37 1.00 0.37 1.27 1 3 -0.25 -0.02 12.69 10.00 7/17/2026 No 9 29 None
M Macy`s Inc Options Chain 0.67 0.88 0.37 1.00 0.37 0.54 3 8 -0.27 -0.01 20.50 19.00 7/17/2026 Yes 15 61 None
OKLO AltC Acquisition Corp - Class A Options Chain 4.50 5.00 1.75 5.00 0.35 0.90 118 19 -0.27 -0.08 65.39 60.00 7/17/2026 No 3 21 None