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.
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AVTX | Avalo Therapeutics Inc | Options Chain | 8.90 | 11.00 | 1.90 | 2.50 | 0.76 | 3.60 | 1 | 6 | -0.30 | -0.09 | 17.03 | 20.00 | 5/15/2026 | Yes | 6 | 36 | None | |
| SNDK | Sandisk Corp | Options Chain | 57.30 | 60.90 | 4.85 | 10.00 | 0.48 | 1.06 | 16 | 3 | -0.29 | -1.06 | 701.59 | 620.00 | 5/15/2026 | No | 3 | 22 | None | |
| BE | Bloom Energy Corp - Class A | Options Chain | 13.05 | 13.80 | 1.98 | 5.00 | 0.40 | 1.19 | 21 | 58 | -0.30 | -0.23 | 132.86 | 120.00 | 5/15/2026 | Yes | 3 | 51 | None | |
| GSAT | Globalstar Inc | Options Chain | 3.30 | 5.20 | 1.92 | 5.00 | 0.38 | 0.75 | 15 | 220 | -0.29 | -0.08 | 77.73 | 70.00 | 5/15/2026 | Yes | 4 | 41 | None | |
| AMPX | Options Chain | 1.00 | 1.55 | 0.38 | 1.00 | 0.38 | 1.04 | 4 | 12 | -0.29 | -0.02 | 16.00 | 14.00 | 5/15/2026 | No | 3 | 18 | None | ||
| MSFT | Microsoft Corporation | Options Chain | 8.50 | 11.40 | 1.80 | 5.00 | 0.36 | 0.37 | 6 | 25 | -0.29 | -0.18 | 373.46 | 350.00 | 5/22/2026 | Yes | 15 | 72 | None | |
| KMX | Carmax Inc | Options Chain | 1.95 | 2.40 | 0.90 | 2.50 | 0.36 | 0.70 | 6 | 11 | -0.30 | -0.04 | 41.23 | 37.50 | 5/15/2026 | Yes | 9 | 47 | None | |
| OWL | Blue Owl Capital Inc - Class A | Options Chain | 0.35 | 0.50 | 0.18 | 0.50 | 0.36 | 0.70 | 2 | 1 | -0.27 | -0.01 | 8.57 | 7.50 | 5/22/2026 | Yes | 7 | 48 | None | |
| AMKR | AMKOR Technology Inc | Options Chain | 2.80 | 3.50 | 0.35 | 1.00 | 0.35 | 0.93 | 1 | 497 | -0.29 | -0.06 | 46.78 | 41.00 | 5/15/2026 | Yes | 18 | 46 | None | |
| LC | LendingClub Corp | Options Chain | 0.65 | 1.00 | 0.35 | 1.00 | 0.35 | 0.71 | 5 | 3 | -0.30 | -0.02 | 14.32 | 13.00 | 5/15/2026 | Yes | 14 | 45 | None | |
| POET | POET Technologies Inc | Options Chain | 0.28 | 0.44 | 0.17 | 0.50 | 0.34 | 0.97 | 6 | 12 | -0.24 | -0.01 | 5.61 | 5.00 | 5/22/2026 | Yes | 8 | 30 | None | |
| SLNO | Soleno Therapeutics Inc | Options Chain | 2.25 | 3.60 | 1.68 | 5.00 | 0.34 | 0.95 | 15 | 5 | -0.30 | -0.05 | 39.49 | 35.00 | 5/15/2026 | Yes | 12 | 49 | None | |
| WHR | Whirlpool Corp | Options Chain | 2.10 | 2.85 | 0.83 | 2.50 | 0.33 | 0.66 | 31 | 120 | -0.28 | -0.05 | 54.30 | 50.00 | 5/15/2026 | Yes | 11 | 53 | None |