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
SLS SELLAS Life Sciences Group Inc Options Chain 3.80 4.60 0.75 1.00 0.75 3.06 612 6 -0.29 -0.04 10.15 10.00 12/18/2026 Yes 8 34 None
VSAT Viasat Inc Options Chain 6.00 7.50 2.40 5.00 0.48 0.98 5 14 -0.30 -0.11 77.99 70.00 12/18/2026 Yes 7 55 None
COST Costco Wholesale Corp Options Chain 15.75 18.40 2.20 5.00 0.44 0.23 7 9 -0.30 -0.33 982.73 960.00 12/18/2026 Yes 14 59 None
EXEL Exelixis Inc Options Chain 0.45 3.70 1.10 2.50 0.44 0.48 1 1 -0.24 -0.04 66.00 60.00 12/18/2026 Yes 17 59 None
RIOT Riot Platforms Inc Options Chain 0.97 1.16 0.44 1.00 0.44 0.97 26 235 -0.28 -0.02 14.22 12.00 12/18/2026 Yes 5 42 None
ASST Asset Entities Inc - Class B Options Chain 1.61 2.06 0.43 1.00 0.43 0.92 2 1 -0.28 -0.03 27.53 22.00 12/18/2026 Yes 7 29 None
DHT DHT Holdings Inc Options Chain 0.80 1.60 0.42 1.00 0.42 0.59 4 7 -0.21 -0.01 24.51 22.00 12/18/2026 Yes 11 60 None
DASH DoorDash Inc - Class A Options Chain 6.95 8.75 2.05 5.00 0.41 0.57 46 2 -0.28 -0.13 167.40 165.00 12/18/2026 Yes 11 58 None
WULF TeraWulf Inc Options Chain 0.96 1.01 0.41 1.00 0.41 1.01 2820 135 -0.28 -0.02 13.10 11.00 12/18/2026 Yes 2 37 None
RDDT Reddit Inc - Class A Options Chain 6.15 7.15 2.00 5.00 0.40 0.71 110 89 -0.28 -0.12 129.60 115.00 12/18/2026 Yes 11 42 None
INSM Insmed Inc Options Chain 2.30 3.00 1.00 2.50 0.40 0.45 40 34 -0.24 -0.06 97.67 100.00 12/18/2026 Yes 5 48 None
GEO Geo Group Inc Options Chain 1.25 1.45 0.40 1.00 0.40 0.60 1 5 -0.30 -0.02 28.54 26.00 12/18/2026 Yes 8 42 None
AAOI Applied Optoelectronics Inc Options Chain 6.50 7.20 1.95 5.00 0.39 1.01 99 37 -0.30 -0.11 82.22 70.00 12/18/2026 Yes 8 43 None
BHF Brighthouse Financial Inc Options Chain 0.10 5.00 0.95 2.50 0.38 0.69 3 6 -0.27 -0.06 42.98 37.50 12/18/2026 Yes 20 67 None
APPS Digital Turbine Inc Options Chain 0.80 0.95 0.38 1.00 0.38 1.08 3 1 -0.27 -0.01 9.78 9.00 12/18/2026 Yes 6 32 None
SMCI Super Micro Computer Inc Options Chain 2.16 2.21 0.38 1.00 0.38 0.77 55 99 -0.30 -0.04 34.43 31.00 12/18/2026 Yes 18 57 None
CRK Comstock Resources Inc Options Chain 0.45 0.75 0.37 1.00 0.37 0.62 5 23 -0.25 -0.01 14.87 13.00 12/18/2026 Yes 7 37 None
PINS Pinterest Inc - Class A Options Chain 0.85 1.28 0.37 1.00 0.37 0.70 244 21 -0.28 -0.02 19.92 18.00 12/18/2026 Yes 7 38 None
CIFR Cipher Mining Inc Options Chain 0.82 0.88 0.37 1.00 0.37 1.24 21 17 -0.28 -0.01 8.10 7.00 12/18/2026 Yes 6 37 None
DELL Dell Technologies Inc - Class C Options Chain 24.65 26.40 3.68 10.00 0.37 0.68 19 46 -0.29 -0.45 493.79 430.00 12/18/2026 Yes 13 59 None
CBRS Cerebras Systems Inc - Class A Options Chain 7.00 7.90 1.80 5.00 0.36 0.89 48 29 -0.26 -0.14 112.56 100.00 12/18/2026 Yes 10 38 None
BE Bloom Energy Corp - Class A Options Chain 13.45 14.15 1.80 5.00 0.36 0.77 85 23 -0.30 -0.24 228.08 200.00 12/18/2026 No 5 15 None
LYB LyondellBasell Industries NV - Class A Options Chain 1.55 2.30 0.90 2.50 0.36 0.43 14 5 -0.26 -0.03 65.37 60.00 12/18/2026 Yes 9 55 None
INTC Intel Corp Options Chain 4.30 4.50 0.90 2.50 0.36 0.59 1206 317 -0.30 -0.08 92.07 85.00 12/18/2026 Yes 5 53 None
MRNA Moderna Inc Options Chain 14.70 15.55 1.78 5.00 0.36 0.81 82 29 -0.30 -0.24 213.49 200.00 12/18/2026 Yes 8 52 None
NBIS Nebius Group N.V. - Class A Options Chain 11.85 12.35 1.77 5.00 0.35 0.92 1087 268 -0.28 -0.21 171.99 150.00 12/18/2026 No 3 22 None
LLY Lilly(Eli) & Company Options Chain 32.50 35.45 3.53 10.00 0.35 0.33 67 7 -0.29 -0.66 1,311.50 1,300.00 12/18/2026 Yes 10 67 None
FIG Figma Inc - Class A Options Chain 1.25 1.54 0.88 2.50 0.35 0.77 4 11 -0.30 -0.02 23.21 20.00 12/18/2026 No 3 19 None
MTZ Mastec Inc Options Chain 8.80 11.50 1.75 5.00 0.35 0.71 42 1 -0.30 -0.18 177.82 160.00 12/18/2026 Yes 13 64 None
APLD Options Chain 1.21 1.50 0.35 1.00 0.35 0.90 106 57 -0.28 -0.02 19.81 17.00 12/18/2026 No 3 18 None
NVTS Navitas Semiconductor Corp Options Chain 0.56 0.65 0.34 1.00 0.34 0.89 189 232 -0.27 -0.01 9.20 8.00 12/18/2026 Yes 7 35 None
AXTI AXT Inc Options Chain 3.80 4.40 1.67 5.00 0.33 1.05 128 80 -0.24 -0.07 60.88 50.00 12/18/2026 Yes 9 49 None
PLTR Palantir Technologies Inc - Class A Options Chain 9.15 9.35 1.67 5.00 0.33 0.60 192 35 -0.30 -0.16 195.03 180.00 12/18/2026 Yes 11 51 None
BOX Box Inc - Class A Options Chain 1.40 1.75 0.33 1.00 0.33 0.47 9 627 -0.30 -0.03 43.34 40.00 12/18/2026 Yes 9 47 None
AR Antero Resources Corp Options Chain 1.05 1.30 0.33 1.00 0.33 0.37 5 5 -0.30 -0.02 41.20 39.00 12/18/2026 No 10 56 None