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.

Download as spreadsheet Download

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
ERAS Erasca Inc Options Chain 0.80 3.60 1.57 1.50 1.05 1.74 1 3 -0.25 -0.02 15.48 14.00 12/18/2026 Yes 10 40 None
RCAT Red Cat Holdings Inc Options Chain 0.03 0.75 0.32 0.50 0.64 1.33 1 10 -0.24 -0.01 4.21 3.50 12/24/2026 Yes 8 36 None
TTWO Take-Two Interactive Software Inc Options Chain 9.60 11.60 2.65 5.00 0.53 0.51 11 9 -0.30 -0.19 224.64 220.00 12/24/2026 No 3 55 None
DNA Ginkgo Bioworks Holdings Inc - Class A Options Chain 0.90 1.15 0.53 1.00 0.53 1.11 14 1 -0.28 -0.02 12.01 10.00 12/18/2026 No 12 28 None
PCG PG&E Corp Options Chain 0.46 0.55 0.25 0.50 0.50 0.56 1 1 -0.28 -0.01 13.23 12.00 12/24/2026 No 9 54 None
FCX Freeport-McMoRan Inc Options Chain 1.85 2.44 0.47 1.00 0.47 0.52 50 4 -0.30 -0.04 60.31 58.00 12/24/2026 No 12 64 None
AMSC American Superconductor Corp Options Chain 1.30 1.50 0.45 1.00 0.45 0.71 1 2 -0.30 -0.03 25.47 24.00 12/18/2026 No 15 48 None
NFLX Netflix Inc Options Chain 1.41 1.80 0.42 1.00 0.42 0.35 1 29 -0.30 -0.04 63.26 61.00 12/24/2026 No 6 56 None
NBIS Nebius Group N.V. - Class A Options Chain 11.35 12.05 2.00 5.00 0.40 0.98 63 18 -0.29 -0.22 134.00 140.00 12/24/2026 No 3 22 None
NRGV Energy Vault Holdings Inc Options Chain 0.20 0.45 0.20 0.50 0.40 1.07 70 125 -0.30 0.00 3.53 3.50 12/18/2026 Yes 8 30 None
MRNA Moderna Inc Options Chain 14.55 17.55 1.90 5.00 0.38 0.88 4 17 -0.29 -0.29 250.83 220.00 12/24/2026 No 6 52 None
COHR Options Chain 14.00 17.30 1.90 5.00 0.38 0.86 1 2 -0.29 -0.30 214.66 215.00 12/24/2026 No 3 22 None
CRDO Credo Technology Group Holding Ltd Options Chain 11.00 12.90 1.90 5.00 0.38 0.99 9 8 -0.30 -0.22 129.80 130.00 12/24/2026 Yes 11 55 None
CRWV CoreWeave Inc - Class A Options Chain 4.15 4.40 0.38 1.00 0.38 0.85 136 50 -0.29 -0.08 48.73 55.00 12/24/2026 No 3 20 None
CRWD Crowdstrike Holdings Inc - Class A Options Chain 10.45 12.35 1.87 5.00 0.37 0.68 6 5 -0.27 -0.23 225.76 210.00 12/24/2026 Yes 8 41 None
COST Costco Wholesale Corp Options Chain 15.15 18.95 1.87 5.00 0.37 0.24 12 30 -0.30 -0.46 1,066.14 1,040.00 12/24/2026 Yes 14 60 None
DELL Dell Technologies Inc - Class C Options Chain 23.95 26.05 1.85 5.00 0.37 0.82 6 23 -0.29 -0.46 334.38 345.00 12/24/2026 Yes 12 53 None
DHT DHT Holdings Inc Options Chain 1.10 1.20 0.37 1.00 0.37 0.50 290 51 -0.28 0.00 20.81 20.00 12/18/2026 No 17 61 None
WMT Walmart Inc Options Chain 2.30 2.67 0.37 1.00 0.37 0.31 8 12 -0.28 -0.06 125.55 118.00 12/24/2026 Yes 8 57 None
HOOD Robinhood Markets Inc - Class A Options Chain 3.85 4.05 0.37 1.00 0.37 0.64 3 7 -0.29 -0.08 81.33 78.00 12/24/2026 No 9 58 None
CDE Coeur Mining Inc Options Chain 0.60 0.75 0.18 0.50 0.36 0.61 2 2 -0.30 -0.01 15.29 14.00 12/24/2026 No 15 65 None
NKE Nike Inc - Class B Options Chain 1.10 1.32 0.35 1.00 0.35 0.48 7 9 -0.28 -0.02 38.67 35.00 12/24/2026 Yes 13 59 None
ASTS AST SpaceMobile Inc - Class A Options Chain 2.45 2.88 0.35 1.00 0.35 0.99 2 11 -0.29 -0.05 34.03 32.00 12/24/2026 No 4 42 None
ORCL Oracle Corp Options Chain 6.55 6.80 0.35 1.00 0.35 0.69 3 5 -0.30 -0.13 117.98 119.00 12/24/2026 Yes 8 65 None
HPQ HP Inc Options Chain 0.78 1.21 0.34 1.00 0.34 0.59 3 6 -0.25 -0.02 28.65 26.00 12/24/2026 Yes 10 45 None
IREN Iris Energy Ltd Options Chain 1.59 1.64 0.34 1.00 0.34 1.08 1052 20 -0.26 -0.03 19.73 18.00 12/24/2026 No 4 42 None
INTC Intel Corp Options Chain 2.67 2.89 0.34 1.00 0.34 0.64 16 43 -0.28 -0.06 58.13 57.00 12/24/2026 No 6 55 None
OKLO AltC Acquisition Corp - Class A Options Chain 1.59 1.80 0.34 1.00 0.34 0.83 4 9 -0.30 -0.03 25.09 24.00 12/24/2026 No 3 19 None
MARA MARA Holdings Inc Options Chain 0.55 0.56 0.17 0.50 0.34 0.94 8 16 -0.29 -0.01 7.34 7.00 12/24/2026 No 6 39 None
ARM Options Chain 9.75 10.70 1.70 5.00 0.34 0.71 10 4 -0.28 -0.21 181.49 185.00 12/24/2026 No 3 22 None
BE Bloom Energy Corp - Class A Options Chain 13.05 14.30 1.68 5.00 0.34 0.85 54 17 -0.28 -0.26 185.42 190.00 12/24/2026 No 5 15 None
NOW ServiceNow Inc Options Chain 3.60 3.75 0.33 1.00 0.33 0.49 3 8 -0.30 -0.08 99.61 96.00 12/24/2026 No 8 58 None
ZETA Zeta Global Holdings Corp - Class A Options Chain 1.49 1.90 0.33 1.00 0.33 0.62 4 11 -0.30 -0.03 35.07 35.00 12/24/2026 No 10 48 None