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
ASTS AST SpaceMobile Inc - Class A Options Chain 2.41 2.74 0.58 1.00 0.58 0.88 8 6 -0.29 -0.05 43.82 36.00 11/27/2026 Yes 4 42 None
VZ Verizon Communications Inc Options Chain 0.73 1.11 0.55 1.00 0.55 0.29 3 5 -0.30 -0.02 44.47 43.00 11/27/2026 Yes 8 64 None
CIFR Cipher Mining Inc Options Chain 0.79 0.99 0.52 1.00 0.52 1.20 20 4 -0.30 -0.02 10.08 8.00 11/27/2026 Yes 5 38 None
ARM Options Chain 10.40 12.80 2.55 5.00 0.51 0.74 53 7 -0.29 -0.24 242.31 205.00 11/27/2026 No 3 22 None
RBLX Roblox Corporation - Class A Options Chain 2.66 3.30 0.51 1.00 0.51 0.78 4 1 -0.30 -0.05 50.84 45.00 11/27/2026 Yes 4 45 None
AMD Advanced Micro Devices Inc Options Chain 18.60 22.60 2.32 5.00 0.46 0.57 3 10 -0.29 -0.44 553.50 485.00 11/27/2026 Yes 11 61 None
PYPL PayPal Holdings Inc Options Chain 1.16 2.06 0.46 1.00 0.46 0.44 1 6 -0.28 -0.04 56.88 53.00 11/27/2026 Yes 14 59 None
HOOD Robinhood Markets Inc - Class A Options Chain 4.55 4.95 0.45 1.00 0.45 0.67 87 15 -0.30 -0.09 102.91 90.00 11/27/2026 Yes 10 55 None
BIDU Baidu Inc Options Chain 1.63 2.79 0.43 1.00 0.43 0.42 1 6 -0.27 -0.05 82.51 75.00 11/27/2026 Yes 11 62 None
C Citigroup Inc Options Chain 1.77 2.89 0.43 1.00 0.43 0.29 1 5 -0.28 -0.05 123.34 118.00 11/27/2026 No 17 78 None
RIOT Riot Platforms Inc Options Chain 0.82 1.21 0.41 1.00 0.41 1.03 40 40 -0.28 -0.02 15.45 12.00 11/27/2026 Yes 5 43 None
FCX Freeport-McMoRan Inc Options Chain 1.98 2.62 0.41 1.00 0.41 0.48 8 1 -0.30 -0.05 69.71 65.00 11/27/2026 Yes 10 58 None
LULU Lululemon Athletica Inc Options Chain 2.47 2.97 0.40 1.00 0.40 0.42 1 32 -0.29 -0.06 98.75 91.00 11/27/2026 No 11 43 None
SNAP Snap Inc - Class A Options Chain 0.29 0.40 0.20 0.50 0.40 0.78 6 3 -0.29 -0.01 6.40 5.50 11/27/2026 Yes 8 31 None
CRWD Crowdstrike Holdings Inc - Class A Options Chain 7.20 10.55 1.95 5.00 0.39 0.56 38 26 -0.29 -0.20 244.54 210.00 11/27/2026 No 8 50 None
BE Bloom Energy Corp - Class A Options Chain 14.25 16.10 1.95 5.00 0.39 0.87 102 47 -0.30 -0.29 233.96 200.00 11/27/2026 Yes 5 15 None
SHOP Shopify Inc - Class A Options Chain 7.85 9.85 0.97 2.50 0.39 0.69 12 1 -0.30 -0.16 177.14 155.00 11/27/2026 Yes 10 57 None
MRNA Moderna Inc Options Chain 16.25 20.50 1.90 5.00 0.38 1.04 22 3 -0.30 -0.34 235.63 195.00 11/27/2026 Yes 8 52 None
FSLR First Solar Inc Options Chain 5.90 8.80 1.85 5.00 0.37 0.58 5 2 -0.30 -0.16 178.98 160.00 11/27/2026 Yes 13 64 None
HD Home Depot Inc Options Chain 4.95 8.50 1.85 5.00 0.37 0.32 8 9 -0.30 -0.15 308.00 295.00 11/27/2026 Yes 8 61 None
HIMS Hims & Hers Health Inc - Class A Options Chain 1.57 1.86 0.37 1.00 0.37 0.86 13 23 -0.28 -0.04 29.17 25.00 11/27/2026 Yes 6 39 None
NOW ServiceNow Inc Options Chain 5.80 6.60 0.37 1.00 0.37 0.61 18 2 -0.30 -0.12 147.78 130.00 11/27/2026 Yes 7 54 None
COIN Coinbase Global Inc - Class A Options Chain 5.85 8.65 1.82 5.00 0.36 0.65 5 10 -0.28 -0.15 181.98 155.00 11/27/2026 Yes 7 55 None
NBIS Nebius Group N.V. - Class A Options Chain 10.30 11.95 1.80 5.00 0.36 0.95 71 268 -0.28 -0.22 186.42 145.00 11/27/2026 No 3 22 None
DELL Dell Technologies Inc - Class C Options Chain 20.50 24.35 1.80 5.00 0.36 0.70 63 88 -0.29 -0.46 470.65 410.00 11/27/2026 Yes 13 58 None
APLD Options Chain 1.13 1.48 0.36 1.00 0.36 0.98 30 54 -0.28 -0.03 20.23 16.00 11/27/2026 No 3 19 None
T AT&T Inc Options Chain 0.24 0.54 0.18 0.50 0.36 0.31 9 2 -0.24 -0.01 23.52 22.00 11/27/2026 Yes 11 60 None
CLSK Cleanspark Inc Options Chain 0.48 0.67 0.18 0.50 0.36 0.90 8 2 -0.29 -0.01 9.33 7.50 11/27/2026 Yes 10 39 None
SNOW Snowflake Inc - Class A Options Chain 10.70 12.70 1.77 5.00 0.35 0.58 24 15 -0.28 -0.27 334.46 280.00 11/27/2026 No 3 54 None
AAOI Applied Optoelectronics Inc Options Chain 4.60 5.60 1.75 5.00 0.35 1.03 159 3 -0.26 -0.11 83.85 65.00 11/27/2026 Yes 8 43 None
MRVL Marvell Technology Inc Options Chain 10.00 10.85 1.75 5.00 0.35 0.62 22 68 -0.30 -0.21 238.80 210.00 11/27/2026 No 13 62 None
U Unity Software Inc Options Chain 1.69 2.16 0.35 1.00 0.35 0.73 1 5 -0.28 -0.04 43.00 36.00 11/27/2026 Yes 7 47 None
PLTR Palantir Technologies Inc - Class A Options Chain 7.40 8.15 1.73 5.00 0.35 0.61 85 75 -0.29 -0.17 199.66 170.00 11/27/2026 Yes 11 51 None
CMG Chipotle Mexican Grill Options Chain 0.86 1.03 0.34 1.00 0.34 0.45 9 1 -0.30 -0.02 30.59 28.00 11/27/2026 Yes 9 47 None
RGTI Options Chain 0.50 0.73 0.17 0.50 0.34 0.78 5 6 -0.28 -0.01 12.51 10.50 11/27/2026 No 3 17 None
LUNR Intuitive Machines Inc - Class A Options Chain 0.63 0.82 0.17 0.50 0.34 0.94 7 10 -0.28 -0.01 11.53 9.50 11/27/2026 Yes 7 35 None
CBRS Cerebras Systems Inc - Class A Options Chain 6.80 10.40 1.70 5.00 0.34 0.88 1 70 -0.30 -0.15 140.99 115.00 11/27/2026 Yes 10 38 None
VRT Vertiv Holdings Co - Class A Options Chain 8.00 11.00 1.70 5.00 0.34 0.63 6 2 -0.30 -0.20 212.80 190.00 11/27/2026 Yes 8 55 None
ADBE Adobe Inc Options Chain 6.45 7.25 1.70 5.00 0.34 0.41 15 15 -0.30 -0.15 250.77 230.00 11/27/2026 No 8 55 None
BMNR BitMine Immersion Technologies Inc Options Chain 0.78 1.16 0.33 1.00 0.33 0.75 2 10 -0.26 -0.02 23.36 19.00 11/27/2026 No 11 32 None
CRWV CoreWeave Inc - Class A Options Chain 4.40 4.85 0.33 1.00 0.33 1.00 130 26 -0.29 -0.08 68.10 54.00 11/27/2026 No 3 21 None
NFLX Netflix Inc Options Chain 2.02 2.30 0.33 1.00 0.33 0.44 22 65 -0.29 -0.05 71.80 66.00 11/27/2026 Yes 10 63 None