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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SNAP | Snap Inc - Class A | Options Chain | 0.40 | 0.96 | 0.42 | 0.50 | 0.84 | 1.51 | 2 | 11 | -0.30 | -0.02 | 4.34 | 4.50 | 8/7/2026 | Yes | 8 | 29 | None | |
| COIN | Coinbase Global Inc - Class A | Options Chain | 5.25 | 10.90 | 3.30 | 5.00 | 0.66 | 0.85 | 1 | 8 | -0.26 | -0.16 | 153.27 | 125.00 | 8/7/2026 | Yes | 8 | 56 | None | |
| RXT | Rackspace Technology Inc | Options Chain | 0.70 | 1.25 | 0.28 | 0.50 | 0.56 | 1.80 | 2 | 6 | -0.28 | -0.02 | 6.36 | 5.50 | 8/7/2026 | Yes | 8 | 28 | None | |
| FRMI | Fermi Inc | Options Chain | 0.80 | 1.15 | 0.25 | 0.50 | 0.50 | 1.41 | 2 | 1 | -0.28 | -0.02 | 7.99 | 7.50 | 8/7/2026 | No | 3 | 16 | None | |
| CRML | Critical Metals Corp | Options Chain | 0.65 | 0.90 | 0.23 | 0.50 | 0.46 | 1.11 | 4 | 1 | -0.29 | -0.01 | 9.44 | 8.00 | 8/7/2026 | No | 3 | 16 | None | |
| ARM | Options Chain | 28.90 | 32.30 | 2.02 | 5.00 | 0.40 | 1.08 | 2 | 2 | -0.30 | -0.55 | 384.94 | 310.00 | 8/7/2026 | No | 3 | 22 | None | ||
| NBIS | Nebius Group N.V. - Class A | Options Chain | 23.45 | 27.50 | 1.98 | 5.00 | 0.40 | 1.23 | 1 | 12 | -0.29 | -0.45 | 256.63 | 225.00 | 8/7/2026 | No | 3 | 22 | None | |
| MSFT | Microsoft Corporation | Options Chain | 9.00 | 10.00 | 1.92 | 5.00 | 0.38 | 0.42 | 89 | 72 | -0.27 | -0.24 | 352.83 | 330.00 | 8/7/2026 | Yes | 15 | 72 | None | |
| WEN | Wendy`s Co - Class A | Options Chain | 0.35 | 0.55 | 0.17 | 0.50 | 0.34 | 0.91 | 36 | 32 | -0.27 | -0.01 | 7.33 | 6.50 | 8/7/2026 | No | 10 | 39 | None | |
| CDE | Coeur Mining Inc | Options Chain | 0.65 | 0.95 | 0.17 | 0.50 | 0.34 | 0.71 | 1 | 4 | -0.29 | -0.02 | 15.70 | 14.50 | 8/7/2026 | Yes | 17 | 68 | None | |
| CRM | Salesforce Inc | Options Chain | 3.00 | 6.15 | 1.70 | 5.00 | 0.34 | 0.46 | 5 | 3 | -0.27 | -0.11 | 152.06 | 140.00 | 8/7/2026 | No | 11 | 63 | None | |
| NFLX | Netflix Inc | Options Chain | 2.05 | 2.26 | 0.33 | 1.00 | 0.33 | 0.43 | 8 | 135 | -0.30 | -0.05 | 71.61 | 67.00 | 8/7/2026 | Yes | 9 | 63 | None |