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.

Download as spreadsheet Download

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
ONDS Ondas Holdings Inc Options Chain 1.40 1.43 0.48 1.00 0.48 1.20 227 13 -0.30 -0.02 11.27 10.00 3/20/2026 Yes 7 38 None
RUN Sunrun Inc Options Chain 1.20 1.54 0.46 1.00 0.46 0.94 3 1 -0.27 -0.02 19.76 17.00 3/20/2026 Yes 6 39 None
SNDK Sandisk Corp Options Chain 57.70 60.40 4.25 10.00 0.42 1.02 36 18 -0.29 -0.86 539.30 550.00 3/20/2026 No 3 22 None
RKLB Rocket Lab USA Inc Options Chain 7.20 7.85 2.08 5.00 0.42 0.97 13 45 -0.29 -0.11 85.68 75.00 3/20/2026 Yes 4 43 None
NBIS Nebius Group N.V. - Class A Options Chain 8.40 8.80 2.07 5.00 0.41 0.97 22 21 -0.25 -0.11 94.91 80.00 3/20/2026 No 3 21 None
ORCL Oracle Corp Options Chain 9.65 10.10 1.95 5.00 0.39 0.66 15 311 -0.30 -0.16 167.83 155.00 3/20/2026 Yes 7 61 None
RDW Redwire Corporation Options Chain 1.40 1.65 0.38 1.00 0.38 1.22 11 3 -0.27 -0.02 12.81 11.00 3/20/2026 Yes 3 36 None
SMR Options Chain 1.52 1.62 0.38 1.00 0.38 1.07 10 3 -0.27 -0.03 18.89 16.00 3/20/2026 No 3 18 None
SOFI SoFi Technologies Inc Options Chain 1.33 1.35 0.37 1.00 0.37 0.59 947 361 -0.30 -0.02 24.36 22.00 3/20/2026 Yes 11 48 None
JOBY Joby Aviation Inc Options Chain 0.72 0.83 0.36 1.00 0.36 0.82 21 4 -0.30 -0.01 11.29 10.00 3/20/2026 Yes 6 33 None
RIOT Riot Platforms Inc Options Chain 1.09 1.13 0.35 1.00 0.35 0.90 2 71 -0.28 -0.02 16.97 14.00 3/20/2026 Yes 10 53 None
MU Micron Technology Inc Options Chain 24.35 26.05 3.37 10.00 0.34 0.76 150 790 -0.29 -0.43 435.79 390.00 3/20/2026 Yes 11 64 None
RGTI Options Chain 1.28 1.41 0.33 1.00 0.33 1.00 8 7 -0.26 -0.03 19.85 16.00 3/20/2026 No 3 18 None
RKT Rocket Companies Inc Class A Options Chain 1.03 1.15 0.33 1.00 0.33 0.74 971 915 -0.30 -0.02 20.77 16.00 3/20/2026 Yes 6 46 None