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
ZETA Zeta Global Holdings Corp - Class A Options Chain 0.71 1.04 0.28 0.50 0.56 0.76 2 5 -0.27 -0.02 18.47 16.50 7/31/2026 No 10 42 None
SLS SELLAS Life Sciences Group Inc Options Chain 1.00 1.50 0.22 0.50 0.44 1.70 1 24 -0.29 -0.03 8.05 7.50 7/31/2026 No 9 33 None
SMR Options Chain 0.72 0.87 0.22 0.50 0.44 0.98 10 17 -0.29 -0.02 11.24 10.00 7/31/2026 No 3 17 None
RIVN Rivian Automotive Inc - Class A Options Chain 0.53 0.73 0.21 0.50 0.42 0.69 29 38 -0.26 -0.01 15.14 13.50 7/31/2026 No 6 36 None
TE T1 Energy Inc Options Chain 1.15 1.35 0.20 0.50 0.40 1.55 25 84 -0.28 -0.02 10.40 9.00 7/31/2026 No 3 17 None
UEC Uranium Energy Corp Options Chain 0.48 0.67 0.18 0.50 0.36 0.86 5 10 -0.25 -0.01 11.47 10.00 7/31/2026 No 6 40 None
SOFI SoFi Technologies Inc Options Chain 0.67 0.70 0.17 0.50 0.34 0.65 144 618 -0.27 -0.02 17.91 15.50 7/31/2026 No 10 46 None
VRT Vertiv Holdings Co - Class A Options Chain 17.70 21.55 1.68 5.00 0.34 0.77 4 4 -0.30 -0.42 357.96 325.00 7/31/2026 Yes 8 54 None