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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JBLU | Jetblue Airways Corp | Options Chain | 0.00 | 0.71 | 0.29 | 0.50 | 0.58 | 1.09 | 5 | 14 | -0.23 | 0.00 | 5.08 | 4.50 | 6/5/2026 | Yes | 10 | 32 | None | |
| SNAP | Snap Inc - Class A | Options Chain | 0.25 | 0.62 | 0.27 | 0.50 | 0.54 | 0.87 | 31 | 11 | -0.30 | -0.01 | 5.81 | 5.00 | 6/5/2026 | Yes | 8 | 32 | None | |
| ENPH | Enphase Energy Inc | Options Chain | 1.81 | 2.91 | 0.45 | 1.00 | 0.45 | 0.82 | 4 | 2 | -0.30 | -0.04 | 35.36 | 32.00 | 6/5/2026 | Yes | 8 | 44 | None | |
| AMD | Advanced Micro Devices Inc | Options Chain | 12.60 | 16.50 | 2.10 | 5.00 | 0.42 | 0.63 | 15 | 9 | -0.30 | -0.29 | 302.60 | 280.00 | 6/5/2026 | Yes | 11 | 62 | None | |
| CRWV | CoreWeave Inc - Class A | Options Chain | 8.50 | 9.10 | 0.42 | 1.00 | 0.42 | 0.98 | 5 | 11 | -0.30 | -0.19 | 122.54 | 106.00 | 5/29/2026 | No | 3 | 22 | None | |
| GOOG | Alphabet Inc - Class C | Options Chain | 7.40 | 8.45 | 2.05 | 5.00 | 0.41 | 0.35 | 10 | 1 | -0.29 | -0.19 | 337.73 | 320.00 | 6/5/2026 | Yes | 13 | 69 | None | |
| RDW | Redwire Corporation | Options Chain | 0.65 | 1.00 | 0.20 | 0.50 | 0.40 | 1.15 | 1 | 11 | -0.27 | -0.02 | 11.93 | 8.50 | 6/5/2026 | Yes | 5 | 36 | None | |
| VRT | Vertiv Holdings Co - Class A | Options Chain | 13.25 | 17.05 | 1.92 | 5.00 | 0.38 | 0.64 | 4 | 17 | -0.30 | -0.29 | 312.44 | 290.00 | 6/5/2026 | Yes | 9 | 57 | None | |
| ASTS | AST SpaceMobile Inc - Class A | Options Chain | 5.15 | 5.55 | 1.90 | 5.00 | 0.38 | 0.99 | 89 | 120 | -0.29 | -0.13 | 84.66 | 70.00 | 5/29/2026 | Yes | 4 | 39 | None | |
| ARM | Options Chain | 11.20 | 14.55 | 1.73 | 5.00 | 0.35 | 0.80 | 1 | 11 | -0.30 | -0.22 | 196.69 | 185.00 | 6/5/2026 | No | 3 | 22 | None | ||
| RTX | RTX Corp | Options Chain | 2.66 | 3.80 | 1.66 | 5.00 | 0.33 | 0.29 | 8 | 10 | -0.29 | -0.08 | 180.91 | 170.00 | 6/5/2026 | No | 10 | 59 | None | |
| PLTR | Palantir Technologies Inc - Class A | Options Chain | 5.65 | 5.80 | 0.33 | 1.00 | 0.33 | 0.63 | 35 | 213 | -0.30 | -0.15 | 152.62 | 131.00 | 5/29/2026 | Yes | 12 | 52 | None |