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
AI C3.ai Inc - Class A Options Chain 0.58 0.75 0.29 0.50 0.58 0.74 1 3 -0.30 -0.02 12.69 11.50 3/6/2026 Yes 9 38 None
EOSE Eos Energy Enterprises Inc - Class A Options Chain 1.26 1.75 0.28 0.50 0.56 1.15 33 3 -0.29 -0.03 18.21 15.00 3/6/2026 Yes 1 32 None
B Barrick Gold Corp Options Chain 1.66 2.27 0.53 1.00 0.53 0.54 33 6 -0.30 -0.04 49.90 47.00 3/6/2026 No 3 20 None
SNDK Sandisk Corp Options Chain 37.00 41.50 2.60 5.00 0.52 1.05 11 2 -0.30 -0.74 497.81 420.00 3/6/2026 No 3 22 None
HIMS Hims & Hers Health Inc - Class A Options Chain 1.46 2.31 0.50 1.00 0.50 0.90 17 53 -0.28 -0.03 30.46 26.00 3/6/2026 Yes 10 44 None
COIN Coinbase Global Inc - Class A Options Chain 8.05 10.05 2.15 5.00 0.43 0.58 6 24 -0.30 -0.19 223.75 200.00 3/6/2026 Yes 11 61 None
MRNA Moderna Inc Options Chain 2.10 3.40 0.40 1.00 0.40 0.77 4 1 -0.30 -0.06 50.95 44.00 3/6/2026 Yes 11 44 None
INTC Intel Corp Options Chain 1.64 1.91 0.39 1.00 0.39 0.54 234 184 -0.30 -0.04 48.26 42.00 3/6/2026 Yes 5 51 None
LULU Lululemon Athletica Inc Options Chain 4.35 6.45 1.94 5.00 0.39 0.41 37 31 -0.28 -0.11 194.41 180.00 3/6/2026 No 10 50 None
HPQ HP Inc Options Chain 0.47 0.68 0.19 0.50 0.38 0.46 6 4 -0.28 -0.01 19.88 18.00 3/6/2026 Yes 9 39 None
NVTS Navitas Semiconductor Corp Options Chain 0.84 0.98 0.19 0.50 0.38 1.14 3 2 -0.30 -0.02 11.24 9.00 3/6/2026 Yes 9 35 None
MU Micron Technology Inc Options Chain 18.20 20.15 1.83 5.00 0.37 0.67 12 78 -0.29 -0.38 394.30 365.00 3/6/2026 No 11 64 None
ACHR Archer Aviation Inc - Class A Options Chain 0.41 0.57 0.18 0.50 0.36 0.89 11 11 -0.26 -0.01 8.61 7.50 3/6/2026 Yes 8 37 None
CLSK Cleanspark Inc Options Chain 0.97 1.26 0.18 0.50 0.36 1.02 23 35 -0.30 -0.03 13.21 12.50 3/6/2026 Yes 15 50 None
VZ Verizon Communications Inc Options Chain 0.00 1.13 0.34 1.00 0.34 0.30 6 8 -0.29 -0.01 39.50 38.00 3/6/2026 Yes 11 64 None
SBUX Starbucks Corp Options Chain 2.30 3.10 0.34 1.00 0.34 0.41 1 1 -0.29 -0.05 96.51 91.00 3/6/2026 Yes 5 57 None
JOBY Joby Aviation Inc Options Chain 0.78 1.02 0.17 0.50 0.34 0.86 2 2 -0.29 -0.02 14.65 12.50 3/6/2026 Yes 6 33 None
MARA Marathon Digital Holdings Inc Options Chain 0.63 0.83 0.17 0.50 0.34 0.88 6 58 -0.30 -0.01 10.32 9.50 3/6/2026 Yes 11 56 None
META Meta Platforms Inc - Class A Options Chain 18.15 18.70 1.68 5.00 0.34 0.39 21 9 -0.30 -0.40 648.48 625.00 3/6/2026 Yes 11 66 None
ALAB Astera Labs Inc Options Chain 11.35 13.40 1.68 5.00 0.34 0.96 5 4 -0.30 -0.23 169.66 150.00 3/6/2026 No 3 22 None
AMD Advanced Micro Devices Inc Options Chain 10.35 10.85 1.67 5.00 0.33 0.57 48 27 -0.30 -0.22 251.58 240.00 3/6/2026 Yes 11 60 None