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
GFL GFL Environmental Inc (Sub Voting) Options Chain 1.30 3.80 1.75 2.50 0.70 0.79 202 1958 -0.24 -0.05 42.62 37.50 11/20/2026 Yes 9 52 None
GME Gamestop Corporation - Class A Options Chain 0.91 1.33 0.31 0.50 0.62 0.57 5 36 -0.30 -0.02 27.10 25.00 11/27/2026 No 10 42 None
HIMS Hims & Hers Health Inc - Class A Options Chain 1.75 2.25 0.60 1.00 0.60 0.83 6 18 -0.30 -0.04 29.71 27.00 11/27/2026 Yes 6 39 None
EYPT EyePoint Pharmaceuticals Inc Options Chain 0.95 1.00 0.80 1.50 0.53 3.77 236 51 -0.22 -0.01 3.30 2.50 11/20/2026 Yes 8 -15 None
BE Bloom Energy Corp - Class A Options Chain 13.95 16.90 2.38 5.00 0.48 0.74 6 83 -0.30 -0.29 259.27 240.00 11/27/2026 Yes 5 15 None
MBLY Options Chain 0.11 0.56 0.23 0.50 0.46 0.59 3 5 -0.30 -0.01 7.02 6.50 11/27/2026 No 3 16 None
MRNA Moderna Inc Options Chain 14.35 18.35 2.27 5.00 0.45 0.98 58 22 -0.29 -0.29 212.81 190.00 11/27/2026 Yes 8 52 None
LIFE Ethos Technologies Inc - Class A Options Chain 3.20 5.20 2.25 5.00 0.45 1.35 1 69 -0.30 -0.07 39.61 35.00 11/20/2026 No 3 19 None
NFLX Netflix Inc Options Chain 1.66 2.16 0.44 1.00 0.44 0.41 4 34 -0.28 -0.05 70.46 66.00 11/27/2026 Yes 7 56 None
LI Li Auto Inc Options Chain 0.32 0.46 0.22 0.50 0.44 0.48 6 2 -0.27 -0.01 11.75 11.00 11/27/2026 Yes 11 -2 None
CIFR Cipher Mining Inc Options Chain 0.71 1.00 0.22 0.50 0.44 0.97 67 45 -0.29 -0.01 13.00 10.00 11/27/2026 Yes 5 38 None
HL Hecla Mining Company Options Chain 0.58 0.76 0.22 0.50 0.44 0.56 1 4 -0.29 -0.01 16.83 15.00 11/27/2026 Yes 12 46 None
CRDO Credo Technology Group Holding Ltd Options Chain 7.70 12.20 2.10 5.00 0.42 0.75 18 12 -0.27 -0.20 197.70 175.00 11/27/2026 No 14 47 None
VIAV Viavi Solutions Inc Options Chain 2.10 2.60 0.42 1.00 0.42 0.83 1 46 -0.29 -0.05 41.28 37.00 11/20/2026 Yes 6 48 None
IBM International Business Machines Corp Options Chain 4.65 7.30 2.03 5.00 0.41 0.40 10 4 -0.28 -0.11 230.78 215.00 11/27/2026 Yes 12 74 None
IREN Iris Energy Ltd Options Chain 2.06 2.23 0.40 1.00 0.40 0.83 120 82 -0.29 -0.04 34.80 31.00 11/27/2026 Yes 6 43 None
MP MP Materials Corporation Options Chain 1.61 1.90 0.40 1.00 0.40 0.58 2 2 -0.29 -0.04 43.36 39.00 11/27/2026 Yes 4 49 None
SNAP Snap Inc - Class A Options Chain 0.25 0.43 0.20 0.50 0.40 0.88 8 1 -0.23 -0.01 6.49 5.50 11/27/2026 Yes 8 31 None
MU Micron Technology Inc Options Chain 31.65 35.90 1.95 5.00 0.39 0.47 20 11 -0.30 -0.64 975.08 890.00 11/27/2026 No 14 68 None
NBIS Nebius Group N.V. - Class A Options Chain 10.75 12.40 1.93 5.00 0.39 0.78 33 47 -0.28 -0.23 206.86 185.00 11/27/2026 No 3 22 None
CRM Salesforce Inc Options Chain 6.00 8.00 1.92 5.00 0.38 0.40 16 13 -0.30 -0.15 234.33 225.00 11/27/2026 No 15 70 None
MSTR Strategy Inc - Class A Options Chain 7.35 8.55 1.92 5.00 0.38 0.66 10 13 -0.30 -0.14 152.18 140.00 11/27/2026 Yes 4 53 None
TTWO Take-Two Interactive Software Inc Options Chain 5.80 8.50 1.90 5.00 0.38 0.52 6 15 -0.28 -0.16 200.32 185.00 11/27/2026 Yes 4 54 None
FIG Figma Inc - Class A Options Chain 1.08 1.50 0.19 0.50 0.38 0.73 1 2 -0.30 -0.03 21.76 20.00 11/27/2026 No 3 19 None
AAOI Applied Optoelectronics Inc Options Chain 6.00 6.60 1.80 5.00 0.36 0.92 11 8 -0.28 -0.12 99.36 85.00 11/27/2026 Yes 8 43 None
PBF PBF Energy Inc - Class A Options Chain 4.40 4.80 0.90 2.50 0.36 0.75 2 10 -0.29 -0.10 85.42 82.50 11/20/2026 Yes 13 59 None
DAL Delta Air Lines Inc Options Chain 1.73 2.24 0.36 1.00 0.36 0.36 24 1 -0.29 -0.04 80.16 75.00 11/27/2026 No 12 66 None
ENPH Enphase Energy Inc Options Chain 1.33 2.38 0.36 1.00 0.36 0.75 2 4 -0.30 -0.03 31.56 29.00 11/27/2026 Yes 8 46 None
JOBY Joby Aviation Inc Options Chain 0.22 0.25 0.18 0.50 0.36 0.74 5 11 -0.22 -0.01 5.15 4.50 11/27/2026 Yes 6 34 None
AAL American Airlines Group Inc Options Chain 0.29 0.37 0.18 0.50 0.36 0.45 23 14 -0.26 -0.01 12.62 11.50 11/27/2026 Yes 6 31 None
LCID Lucid Group Inc Options Chain 0.04 0.57 0.18 0.50 0.36 1.04 2 1245 -0.30 0.00 3.35 3.00 11/27/2026 Yes 9 26
Small Cap Stock List
PENG Penguin Solutions Inc Options Chain 4.20 5.00 1.77 5.00 0.35 0.84 46 97 -0.30 -0.09 78.20 70.00 11/20/2026 No 3 21 None
DELL Dell Technologies Inc - Class C Options Chain 25.50 29.25 1.75 5.00 0.35 0.63 1 22 -0.30 -0.53 572.47 525.00 11/27/2026 Yes 11 53 None
GLNG Golar Lng Options Chain 0.70 1.00 0.35 1.00 0.35 0.35 6 1 -0.26 -0.03 48.00 45.00 11/20/2026 Yes 10 64 None
SMCI Super Micro Computer Inc Options Chain 2.14 2.42 0.35 1.00 0.35 0.79 39 24 -0.29 -0.04 39.55 35.00 11/27/2026 Yes 18 57 None
LULU Lululemon Athletica Inc Options Chain 2.35 3.10 0.35 1.00 0.35 0.41 4 9 -0.29 -0.06 94.34 89.00 11/27/2026 No 14 52 None
ORCL Oracle Corp Options Chain 5.50 5.75 0.35 1.00 0.35 0.53 14 9 -0.30 -0.11 136.86 133.00 11/27/2026 No 11 69 None
INTC Intel Corp Options Chain 4.60 4.85 1.73 5.00 0.35 0.59 106 89 -0.30 -0.09 102.81 95.00 11/27/2026 Yes 5 54 None
SNDK Sandisk Corp Options Chain 69.80 79.70 3.45 10.00 0.35 0.65 2 41 -0.30 -1.40 1,482.33 1,360.00 11/27/2026 No 3 22 None
AXTI AXT Inc Options Chain 4.20 5.60 1.72 5.00 0.34 1.07 14 20 -0.28 -0.09 61.01 55.00 11/27/2026 Yes 9 48 None
CMG Chipotle Mexican Grill Options Chain 0.70 1.02 0.34 1.00 0.34 0.46 1 2 -0.26 -0.02 30.40 28.00 11/27/2026 Yes 11 53 None
IONQ IonQ Inc Options Chain 1.14 1.94 0.34 1.00 0.34 0.68 9 35 -0.27 -0.03 34.73 31.00 11/27/2026 Yes 7 43 None
QBTS D-Wave Quantum Inc Options Chain 0.59 0.75 0.17 0.50 0.34 0.71 6 1 -0.28 -0.01 13.38 12.00 11/27/2026 Yes 7 38 None
NNE Nano Nuclear Energy Inc Options Chain 0.50 1.00 0.17 0.50 0.34 0.70 1 4 -0.29 -0.02 14.35 13.00 11/27/2026 No 3 17 None
VRT Vertiv Holdings Co - Class A Options Chain 7.60 10.35 1.70 5.00 0.34 0.58 20 4 -0.27 -0.19 237.29 215.00 11/27/2026 Yes 8 55 None
ARM Options Chain 10.50 13.00 1.70 5.00 0.34 0.66 108 22 -0.28 -0.23 252.30 230.00 11/27/2026 No 3 22 None
ANET Arista Networks Inc Options Chain 7.35 9.30 1.68 5.00 0.34 0.54 11 21 -0.30 -0.16 210.00 190.00 11/27/2026 Yes 11 59 None
CMPS Compass Pathways Plc Options Chain 0.45 0.60 0.33 1.00 0.33 0.84 50 10 -0.24 -0.01 11.53 10.00 11/20/2026 Yes 7 37 None
HYMC Hycroft Mining Holding Corporation - Class A Options Chain 0.75 1.10 0.33 1.00 0.33 0.77 4 2 -0.29 -0.02 17.57 16.00 11/20/2026 Yes 11 34 None
CVE Cenovus Energy Inc Options Chain 0.80 0.95 0.33 1.00 0.33 0.41 492 572 -0.30 -0.02 32.83 31.00 11/20/2026 Yes 10 59 None