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
SLS SELLAS Life Sciences Group Inc Options Chain 3.90 4.60 0.75 1.00 0.75 2.76 607 5 -0.30 -0.04 12.17 10.00 12/18/2026 Yes 8 34 None
ZURA Zura Bio Ltd - Class A Options Chain 1.35 1.55 0.82 1.50 0.55 2.54 12 10 -0.29 -0.02 4.35 4.00 12/18/2026 Yes 10 29 None
VSAT Viasat Inc Options Chain 6.00 7.20 2.25 5.00 0.45 1.00 5 4 -0.29 -0.11 70.30 70.00 12/18/2026 Yes 7 55 None
ASST Asset Entities Inc - Class B Options Chain 2.02 2.12 0.41 1.00 0.41 0.89 34 2 -0.29 -0.03 27.53 23.00 12/18/2026 Yes 7 29 None
APPS Digital Turbine Inc Options Chain 0.85 0.95 0.40 1.00 0.40 1.08 3 1 -0.26 -0.01 10.14 9.00 12/18/2026 Yes 6 33 None
LITE Lumentum Holdings Inc Options Chain 52.60 56.70 3.90 10.00 0.39 0.73 6 13 -0.29 -0.91 913.95 840.00 12/18/2026 Yes 6 63 None
MRNA Moderna Inc Options Chain 14.05 15.15 1.95 5.00 0.39 0.82 27 166 -0.30 -0.24 214.16 195.00 12/18/2026 Yes 8 52 None
AAOI Applied Optoelectronics Inc Options Chain 6.50 6.80 1.90 5.00 0.38 0.99 99 37 -0.28 -0.10 82.22 70.00 12/18/2026 Yes 8 43 None
CIFR Cipher Mining Inc Options Chain 0.86 0.89 0.38 1.00 0.38 1.22 16 10 -0.29 -0.01 8.87 7.00 12/18/2026 Yes 6 37 None
CBRS Cerebras Systems Inc - Class A Options Chain 7.50 8.20 1.85 5.00 0.37 0.88 36 19 -0.28 -0.13 112.56 100.00 12/18/2026 Yes 10 38 None
PURR Hyperliquid Strategies Inc Options Chain 0.85 0.95 0.37 1.00 0.37 1.02 727 3340 -0.25 -0.02 9.97 10.00 12/18/2026 No 3 16 None
WULF TeraWulf Inc Options Chain 1.02 1.05 0.37 1.00 0.37 1.01 2819 135 -0.27 -0.02 13.42 11.00 12/18/2026 Yes 2 37 None
SMCI Super Micro Computer Inc Options Chain 2.16 2.20 0.37 1.00 0.37 0.78 55 38 -0.28 -0.04 34.87 31.00 12/18/2026 Yes 18 57 None
NBIS Nebius Group N.V. - Class A Options Chain 11.60 12.00 1.82 5.00 0.36 0.90 1057 264 -0.27 -0.20 182.34 150.00 12/18/2026 No 3 22 None
RDDT Reddit Inc - Class A Options Chain 7.20 7.60 1.82 5.00 0.36 0.73 97 76 -0.29 -0.13 134.70 115.00 12/18/2026 Yes 11 42 None
DELL Dell Technologies Inc - Class C Options Chain 25.35 26.65 3.60 10.00 0.36 0.68 16 46 -0.30 -0.45 493.79 430.00 12/18/2026 Yes 11 53 None
MRVL Marvell Technology Inc Options Chain 11.85 12.00 1.80 5.00 0.36 0.66 774 57 -0.29 -0.20 251.65 200.00 12/18/2026 Yes 13 61 None
CRWD Crowdstrike Holdings Inc - Class A Options Chain 12.90 13.55 0.90 2.50 0.36 0.65 26 4 -0.29 -0.23 266.66 235.00 12/18/2026 Yes 8 41 None
HIMS Hims & Hers Health Inc - Class A Options Chain 1.72 1.80 0.36 1.00 0.36 0.82 15 240 -0.27 -0.03 29.32 26.00 12/18/2026 Yes 6 39 None
APLD Options Chain 1.44 1.50 0.36 1.00 0.36 0.93 103 56 -0.28 -0.02 19.81 17.00 12/18/2026 No 3 18 None
FLEX Flex Ltd Options Chain 5.00 5.60 1.75 5.00 0.35 0.70 35 28 -0.29 -0.09 93.03 85.00 12/18/2026 Yes 12 55 None
COIN Coinbase Global Inc - Class A Options Chain 8.30 8.65 1.75 5.00 0.35 0.66 268 5906 -0.30 -0.15 162.32 145.00 12/18/2026 Yes 7 55 None
RIOT Riot Platforms Inc Options Chain 1.04 1.10 0.35 1.00 0.35 0.99 1 234 -0.26 -0.02 14.22 12.00 12/18/2026 Yes 5 42 None
LBRT Liberty Energy Inc - Class A Options Chain 0.70 1.05 0.35 1.00 0.35 0.62 10 1 -0.31 -0.02 17.61 16.00 12/18/2026 No 8 51 None
BE Bloom Energy Corp - Class A Options Chain 12.30 12.70 1.72 5.00 0.34 0.77 17 64 -0.28 -0.23 228.08 195.00 12/18/2026 No 5 15 None
PINS Pinterest Inc - Class A Options Chain 0.95 1.11 0.34 1.00 0.34 0.65 207 12 -0.27 -0.02 20.92 18.00 12/18/2026 Yes 7 39 None
SKHY SK Hynix Inc Options Chain 7.20 7.65 1.70 5.00 0.34 0.61 58 89 -0.27 -0.13 164.70 145.00 12/18/2026 No 3 22 None
NOW ServiceNow Inc Options Chain 4.20 4.30 0.67 2.00 0.34 0.50 558 2598 -0.29 -0.08 150.13 102.00 12/18/2026 Yes 7 56 None
NVTS Navitas Semiconductor Corp Options Chain 0.61 0.67 0.33 1.00 0.33 0.90 187 232 -0.27 -0.01 9.14 8.00 12/18/2026 Yes 7 35 None
GME Gamestop Corporation - Class A Options Chain 0.83 0.92 0.33 1.00 0.33 0.50 50 58 -0.27 -0.02 23.33 22.00 12/18/2026 Yes 10 42 None
HPQ HP Inc Options Chain 1.28 1.35 0.33 1.00 0.33 0.55 21 1308 -0.28 -0.02 32.45 29.00 12/18/2026 Yes 10 46 None