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
WDC Western Digital Corp Options Chain 52.95 59.30 5.25 10.00 0.53 1.02 5 51 -0.29 -0.85 638.72 560.00 8/21/2026 Yes 10 60 None
WBD Options Chain 0.60 1.15 0.50 1.00 0.50 0.42 204 200 -0.30 -0.02 26.66 25.00 8/21/2026 No 3 19 None
TE T1 Energy Inc Options Chain 1.15 1.40 0.48 1.00 0.48 1.54 50 81 -0.27 -0.02 9.69 8.00 8/21/2026 No 3 16 None
OUST Ouster Inc - Class A Options Chain 8.80 9.70 2.30 5.00 0.46 1.46 33 30 -0.30 -0.12 62.60 55.00 8/21/2026 Yes 8 41 None
SNDK Sandisk Corp Options Chain 249.80 254.50 4.55 10.00 0.45 1.17 17 54 -0.30 -3.56 2,247.00 2,010.00 8/21/2026 No 3 22 None
PENG Penguin Solutions Inc Options Chain 8.90 9.80 2.20 5.00 0.44 1.40 10 345 -0.28 -0.14 75.98 65.00 8/21/2026 No 3 21 None
RDDT Reddit Inc - Class A Options Chain 10.90 12.05 2.20 5.00 0.44 0.81 9 108 -0.29 -0.19 173.58 155.00 8/21/2026 Yes 14 44 None
RMBS Rambus Inc Options Chain 10.40 13.90 2.15 5.00 0.43 1.08 31 12 -0.28 -0.18 134.68 115.00 8/21/2026 Yes 10 54 None
SMCI Super Micro Computer Inc Options Chain 2.47 2.68 0.43 1.00 0.43 0.99 63 352 -0.30 -0.04 29.38 26.00 8/21/2026 Yes 10 45 None
RGTI Options Chain 1.73 1.82 0.42 1.00 0.42 1.05 23 47 -0.29 -0.03 19.20 17.00 8/21/2026 No 3 18 None
QNT Quantinuum Inc - Class A Options Chain 7.40 10.40 2.00 5.00 0.40 1.27 2 6 -0.28 -0.13 82.40 70.00 8/21/2026 No 9 21 None
RDW Redwire Corporation Options Chain 0.90 1.05 0.40 1.00 0.40 1.15 242 61 -0.24 -0.02 12.27 10.00 8/21/2026 Yes 5 36 None
NVTS Navitas Semiconductor Corp Options Chain 1.56 1.90 0.40 1.00 0.40 1.23 89 54 -0.26 -0.03 17.95 15.00 8/21/2026 Yes 6 36 None
VSAT Viasat Inc Options Chain 6.30 8.90 1.90 5.00 0.38 0.94 4 14 -0.30 -0.11 89.81 80.00 8/21/2026 Yes 8 53 None
RXT Rackspace Technology Inc Options Chain 0.65 0.80 0.38 1.00 0.38 1.62 9 18 -0.22 -0.01 6.51 5.00 8/21/2026 Yes 8 28 None
NNE Nano Nuclear Energy Inc Options Chain 1.55 1.70 0.38 1.00 0.38 1.03 9 14 -0.26 -0.03 21.45 18.00 8/21/2026 No 3 19 None
WULF TeraWulf Inc Options Chain 1.87 1.99 0.37 1.00 0.37 1.04 18 146 -0.27 -0.03 24.70 21.00 8/21/2026 Yes 2 39 None
NBIS Nebius Group N.V. - Class A Options Chain 28.65 31.40 3.60 10.00 0.36 1.22 12 39 -0.29 -0.45 279.50 240.00 8/21/2026 No 3 22 None
NXT Options Chain 7.90 9.00 1.80 5.00 0.36 0.87 32 5 -0.29 -0.13 110.65 105.00 8/21/2026 No 3 22 None
RKLB Rocket Lab USA Inc Options Chain 8.35 8.75 1.77 5.00 0.35 0.96 153 158 -0.30 -0.13 101.50 90.00 8/21/2026 Yes 7 45 None
VRT Vertiv Holdings Co - Class A Options Chain 19.00 21.45 3.53 10.00 0.35 0.75 299 74 -0.29 -0.34 307.31 300.00 8/21/2026 Yes 9 56 None
VELO Velocity Acquisition Corp - Class A Options Chain 2.15 2.60 0.88 2.50 0.35 1.44 39 33 -0.30 -0.03 17.55 15.00 8/21/2026 Yes 10 35 None
VSH Vishay Intertechnology Inc Options Chain 5.00 5.50 1.75 5.00 0.35 1.23 301 390 -0.27 -0.08 53.78 45.00 8/21/2026 Yes 8 46 None
RCAT Red Cat Holdings Inc Options Chain 0.81 1.00 0.35 1.00 0.35 1.10 19 21 -0.26 -0.01 10.66 9.00 8/21/2026 Yes 7 35 None
SSRM SSR Mining Inc Options Chain 1.15 1.40 0.35 1.00 0.35 0.63 6 4 -0.28 -0.02 28.28 25.00 8/21/2026 Yes 20 64
Growth Stock List
SATL Satellogic Inc - Class A Options Chain 0.50 0.70 0.35 1.00 0.35 1.21 2 3 -0.28 -0.01 5.85 5.00 8/21/2026 Yes 7 31 None
TSM Taiwan Semiconductor Manufacturing Options Chain 19.25 20.90 3.48 10.00 0.35 0.53 334 77 -0.29 -0.34 477.57 440.00 8/21/2026 Yes 23 66
Dividend Stock List
QCOM Qualcomm Inc Options Chain 9.60 10.25 1.73 5.00 0.35 0.71 140 533 -0.28 -0.17 189.29 165.00 8/21/2026 Yes 14 72 None
NFLX Netflix Inc Options Chain 2.45 2.51 0.34 1.00 0.34 0.44 373 31 -0.30 -0.04 74.08 67.00 8/21/2026 Yes 6 56 None
SPCX Space Exploration Technologies Corp - Class A Options Chain 9.60 9.90 1.70 5.00 0.34 0.77 2642 815 -0.28 -0.16 170.86 150.00 8/21/2026 No 3 25 None
POET POET Technologies Inc Options Chain 0.71 0.89 0.33 1.00 0.33 1.26 12 1 -0.23 -0.01 10.30 8.00 8/21/2026 Yes 7 32 None
PGY Options Chain 1.10 1.35 0.33 1.00 0.33 0.87 4 46 -0.29 -0.02 18.48 16.00 8/21/2026 No 3 18 None