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 1.90 2.20 0.52 1.00 0.52 1.84 602 16 -0.28 -0.02 11.51 10.00 11/20/2026 Yes 10 34 None
SNDK Sandisk Corp Options Chain 101.10 111.20 4.70 10.00 0.47 0.72 6 5 -0.30 -1.73 1,739.89 1,580.00 11/20/2026 No 3 22 None
MRNA Moderna Inc Options Chain 14.85 16.35 2.32 5.00 0.46 0.94 26 29 -0.30 -0.23 203.46 170.00 11/20/2026 Yes 10 52 None
META Meta Platforms Inc - Class A Options Chain 24.35 26.30 2.25 5.00 0.45 0.43 301 61 -0.30 -0.45 738.79 680.00 11/20/2026 Yes 12 73 None
MNST Monster Beverage Corp Options Chain 0.75 1.10 0.45 1.00 0.45 0.35 8 1 -0.26 -0.02 41.74 39.00 11/20/2026 Yes 11 51 None
NOV NOV Inc Options Chain 0.50 1.15 0.45 1.00 0.45 0.49 1 1 -0.30 -0.01 18.98 18.00 11/20/2026 Yes 13 45 None
MDB MongoDB Inc - Class A Options Chain 14.50 17.95 4.25 10.00 0.42 0.58 47 232 -0.29 -0.28 337.19 320.00 11/20/2026 No 6 59 None
TRMD Torm Plc - Class A Options Chain 0.10 3.30 1.02 2.50 0.41 0.52 5 1 -0.30 -0.02 38.05 35.00 11/20/2026 Yes 15 61 None
PURR Hyperliquid Strategies Inc Options Chain 1.05 1.15 0.40 1.00 0.40 0.99 2 100 -0.30 -0.02 11.99 11.00 11/20/2026 No 3 17 None
NBIS Nebius Group N.V. - Class A Options Chain 16.65 17.65 3.95 10.00 0.40 0.87 164 221 -0.29 -0.28 240.12 210.00 11/20/2026 No 3 22 None
MSTR Strategy Inc - Class A Options Chain 8.30 8.80 1.92 5.00 0.38 0.66 150 120 -0.30 -0.14 154.67 140.00 11/20/2026 Yes 4 53 None
RDDT Reddit Inc - Class A Options Chain 7.85 8.50 1.90 5.00 0.38 0.69 142 27 -0.30 -0.14 145.36 130.00 11/20/2026 Yes 11 42 None
WOLF Wolfspeed Inc (New) Options Chain 2.51 3.00 0.95 2.50 0.38 1.07 5 2 -0.30 -0.04 28.02 25.00 11/20/2026 Yes 9 36 None
SHOP Shopify Inc - Class A Options Chain 6.00 8.85 1.88 5.00 0.38 0.65 105 63 -0.28 -0.14 148.26 135.00 11/20/2026 Yes 11 58 None
RIOT Riot Platforms Inc Options Chain 1.25 1.40 0.37 1.00 0.37 0.81 37 59 -0.29 -0.02 21.39 18.00 11/20/2026 Yes 6 44 None
NTAP Netapp Inc Options Chain 6.80 8.20 1.80 5.00 0.36 0.46 7 21 -0.30 -0.14 209.18 195.00 11/20/2026 No 14 64 None
Z Zillow Group Inc - Class C Options Chain 1.30 1.50 0.90 2.50 0.36 0.63 59 11 -0.29 -0.02 27.13 25.00 11/20/2026 Yes 14 42 None
U Unity Software Inc Options Chain 2.06 2.25 0.36 1.00 0.36 0.67 6 2 -0.29 -0.04 39.57 37.00 11/20/2026 Yes 7 47 None
SMCI Super Micro Computer Inc Options Chain 2.67 2.79 0.36 1.00 0.36 0.79 26 1 -0.30 -0.04 41.02 37.00 11/20/2026 Yes 18 57 None
PANW Palo Alto Networks Inc Options Chain 14.95 17.40 3.48 10.00 0.35 0.58 455 115 -0.26 -0.30 388.41 360.00 11/20/2026 Yes 8 59 None
WULF TeraWulf Inc Options Chain 0.94 0.98 0.34 1.00 0.34 0.84 35 2765 -0.28 -0.02 14.80 13.00 11/20/2026 Yes 2 37 None
MRVL Marvell Technology Inc Options Chain 12.90 13.50 3.40 10.00 0.34 0.63 1136 201 -0.29 -0.22 263.27 240.00 11/20/2026 No 13 62 None
SECZ Securitize Corp Options Chain 1.35 1.80 0.85 2.50 0.34 1.24 14 13 -0.29 -0.02 15.84 12.50 11/20/2026 Yes 3 24 None
MARA MARA Holdings Inc Options Chain 0.71 0.74 0.33 1.00 0.33 0.82 434 135 -0.28 -0.01 11.99 10.00 11/20/2026 Yes 4 40 None
RGTI Options Chain 0.88 1.10 0.33 1.00 0.33 0.79 2 57 -0.28 -0.02 15.74 14.00 11/20/2026 No 3 18 None
SATL Satellogic Inc - Class A Options Chain 0.45 0.60 0.33 1.00 0.33 1.09 2 4 -0.28 -0.01 5.60 5.00 11/20/2026 Yes 8 33 None