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 1.85 2.10 0.48 1.00 0.48 1.73 12 63 -0.30 -0.02 11.74 10.00 11/20/2026 Yes 10 34 None
QMCO Quantum Corp Options Chain 3.50 5.50 2.32 5.00 0.46 1.40 2 3 -0.30 -0.06 31.89 30.00 11/20/2026 Yes 7 39 None
PAAS Pan American Silver Corp Options Chain 1.45 1.95 0.45 1.00 0.45 0.50 2 1 -0.29 -0.03 44.98 42.00 11/20/2026 Yes 14 58 None
UMC United Micro Electronics Options Chain 0.95 1.30 0.43 1.00 0.43 0.68 1 9 -0.25 -0.02 25.21 23.00 11/20/2026 Yes 20 11 None
NVTS Navitas Semiconductor Corp Options Chain 0.83 1.03 0.43 1.00 0.43 0.91 22 72 -0.29 -0.01 12.40 11.00 11/20/2026 Yes 7 36 None
MXL MaxLinear Inc Options Chain 8.90 10.30 2.05 5.00 0.41 1.16 5 5 -0.28 -0.14 92.12 90.00 11/20/2026 Yes 5 49 None
LUNR Intuitive Machines Inc - Class A Options Chain 0.95 1.16 0.41 1.00 0.41 0.91 6 4 -0.28 -0.02 14.05 13.00 11/20/2026 Yes 6 35 None
SIRI Sirius XM Holdings Inc Options Chain 0.61 0.92 0.41 1.00 0.41 0.40 2 1 -0.29 -0.01 25.64 24.00 11/20/2026 Yes 11 61 None
MU Micron Technology Inc Options Chain 40.60 41.85 3.98 10.00 0.40 0.49 639 124 -0.30 -0.76 1,097.39 1,000.00 11/20/2026 No 13 68 None
UCTT Ultra Clean Hldgs Inc Options Chain 4.10 5.80 1.92 5.00 0.38 0.84 5 7 -0.29 -0.08 72.69 65.00 11/20/2026 Yes 5 50 None
SHOP Shopify Inc - Class A Options Chain 5.60 7.25 1.90 5.00 0.38 0.64 34 46 -0.26 -0.12 149.09 135.00 11/20/2026 Yes 11 56 None
USAR USA Rare Earth Inc - Class A Options Chain 0.69 0.81 0.38 1.00 0.38 0.77 70 18 -0.27 -0.01 13.59 12.00 11/20/2026 No 3 17 None
RDDT Reddit Inc - Class A Options Chain 8.05 8.55 1.87 5.00 0.37 0.68 69 40 -0.30 -0.14 149.53 135.00 11/20/2026 Yes 15 47 None
SMCI Super Micro Computer Inc Options Chain 2.59 2.68 0.37 1.00 0.37 0.78 205 380 -0.29 -0.05 43.69 39.00 11/20/2026 Yes 13 48 None
PENG Penguin Solutions Inc Options Chain 4.80 5.00 1.82 5.00 0.36 0.93 30 31 -0.30 -0.08 61.36 55.00 11/20/2026 No 3 21 None
MRNA Moderna Inc Options Chain 11.95 14.45 1.80 5.00 0.36 0.92 6 64 -0.28 -0.22 189.24 165.00 11/20/2026 Yes 10 50 None
PBF PBF Energy Inc - Class A Options Chain 4.40 4.80 0.90 2.50 0.36 0.74 6 33 -0.29 -0.08 80.78 72.50 11/20/2026 Yes 10 52 None
MRVL Marvell Technology Inc Options Chain 13.00 13.40 3.50 10.00 0.35 0.61 312 257 -0.30 -0.23 272.29 250.00 11/20/2026 No 14 62 None
NBIS Nebius Group N.V. - Class A Options Chain 13.35 13.95 3.42 10.00 0.34 0.83 228 195 -0.26 -0.26 242.81 210.00 11/20/2026 No 3 22 None
WDC Western Digital Corp Options Chain 19.00 20.30 3.42 10.00 0.34 0.68 446 236 -0.27 -0.39 415.29 370.00 11/20/2026 Yes 15 68 None
SKHY SK Hynix Inc Options Chain 7.60 8.65 1.68 5.00 0.34 0.54 67 48 -0.30 -0.14 195.13 180.00 11/20/2026 No 3 22 None
SNDK Sandisk Corp Options Chain 86.20 91.60 3.35 10.00 0.34 0.65 12 7 -0.30 -1.57 1,719.99 1,570.00 11/20/2026 No 3 22 None
META Meta Platforms Inc - Class A Options Chain 21.85 22.55 1.67 5.00 0.33 0.40 43 173 -0.30 -0.43 725.93 685.00 11/20/2026 Yes 10 67 None
PL Planet Labs PBC - Class A Options Chain 0.90 1.05 0.33 1.00 0.33 0.70 19 12 -0.29 -0.02 17.50 16.00 11/20/2026 No 2 39 None
RIVN Rivian Automotive Inc - Class A Options Chain 0.69 0.73 0.33 1.00 0.33 0.65 320 450 -0.29 -0.01 14.76 13.00 11/20/2026 Yes 7 36 None