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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NAK | Northern Dynasty Minerals Ltd | Options Chain | 0.20 | 0.70 | 0.35 | 0.50 | 0.70 | 2.73 | 1 | 1 | -0.25 | -0.01 | 1.73 | 1.50 | 1/2/2026 | No | 8 | 29 | None | |
| MSTR | Microstrategy Inc - Class A | Options Chain | 12.35 | 15.10 | 2.13 | 5.00 | 0.43 | 0.82 | 31 | 20 | -0.30 | -0.22 | 209.51 | 180.00 | 1/2/2026 | No | 6 | 78 | None | |
| RGTI | Options Chain | 2.11 | 3.05 | 0.40 | 1.00 | 0.40 | 1.20 | 11 | 38 | -0.28 | -0.04 | 25.48 | 22.00 | 1/2/2026 | No | 3 | 19 | None | ||
| CIFR | Cipher Mining Inc | Options Chain | 1.08 | 1.66 | 0.20 | 0.50 | 0.40 | 1.19 | 1 | 1 | -0.28 | -0.03 | 14.36 | 12.50 | 1/2/2026 | No | 7 | 39 | None | |
| ORCL | Oracle Corp | Options Chain | 8.60 | 10.55 | 1.85 | 5.00 | 0.37 | 0.56 | 9 | 29 | -0.29 | -0.18 | 217.57 | 205.00 | 1/2/2026 | Yes | 8 | 62 | None | |
| SOFI | SoFi Technologies Inc | Options Chain | 1.27 | 1.68 | 0.36 | 1.00 | 0.36 | 0.71 | 46 | 8 | -0.28 | -0.03 | 28.39 | 25.00 | 1/2/2026 | No | 11 | 50 | None | |
| MU | Micron Technology Inc | Options Chain | 14.10 | 15.25 | 1.73 | 5.00 | 0.35 | 0.72 | 1 | 11 | -0.30 | -0.25 | 235.45 | 225.00 | 1/2/2026 | Yes | 16 | 69 | None | |
| TSLA | Tesla Inc | Options Chain | 16.00 | 16.60 | 1.70 | 5.00 | 0.34 | 0.52 | 89 | 44 | -0.29 | -0.29 | 401.99 | 375.00 | 1/2/2026 | No | 8 | 59 | None | |
| BABA | Alibaba Group Holding Ltd | Options Chain | 4.20 | 5.65 | 1.68 | 5.00 | 0.34 | 0.50 | 8 | 18 | -0.26 | -0.10 | 153.80 | 140.00 | 1/2/2026 | Yes | 17 | 81 | None |