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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SPIR | Spire Global Inc - Class A | Options Chain | 1.55 | 2.00 | 0.50 | 1.00 | 0.50 | 1.27 | 5 | 4 | -0.30 | -0.04 | 18.26 | 16.00 | 5/15/2026 | Yes | 11 | 46 | None | |
| COIN | Coinbase Global Inc - Class A | Options Chain | 8.20 | 14.65 | 2.40 | 5.00 | 0.48 | 0.80 | 28 | 2 | -0.30 | -0.19 | 169.02 | 155.00 | 5/29/2026 | Yes | 9 | 59 | None | |
| AMPX | Options Chain | 1.15 | 1.55 | 0.37 | 1.00 | 0.37 | 1.11 | 46 | 206 | -0.29 | -0.03 | 16.15 | 15.00 | 5/15/2026 | No | 3 | 18 | None | ||
| NET | Cloudflare Inc - Class A | Options Chain | 10.15 | 13.85 | 1.75 | 5.00 | 0.35 | 0.73 | 1 | 1 | -0.30 | -0.19 | 193.04 | 170.00 | 5/29/2026 | Yes | 1 | 51 | None | |
| LWLG | Lightwave Logic Inc | Options Chain | 0.55 | 0.85 | 0.35 | 1.00 | 0.35 | 1.20 | 2 | 21 | -0.27 | -0.01 | 8.48 | 7.00 | 5/15/2026 | Yes | 9 | 27 | None | |
| FLNC | Fluence Energy Inc - Class A | Options Chain | 0.95 | 1.10 | 0.35 | 1.00 | 0.35 | 1.06 | 21 | 1 | -0.30 | -0.02 | 13.56 | 12.00 | 5/15/2026 | Yes | 8 | 30 | None | |
| PENN | PENN Entertainment Inc | Options Chain | 0.55 | 0.80 | 0.33 | 1.00 | 0.33 | 0.69 | 1 | 51 | -0.29 | -0.02 | 15.66 | 14.00 | 5/15/2026 | Yes | 6 | 43 | None | |
| RRC | Range Resources Corp | Options Chain | 1.35 | 1.40 | 0.33 | 1.00 | 0.33 | 0.42 | 11 | 7 | -0.30 | -0.03 | 42.93 | 41.00 | 5/15/2026 | Yes | 12 | 54 | None |