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.

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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
MP MP Materials Corporation Options Chain 1.52 2.05 0.65 1.00 0.65 0.65 1 1 -0.28 -0.04 38.31 35.00 12/31/2026 No 4 49 None
RKLB Rocket Lab USA Inc Options Chain 3.50 4.40 0.55 1.00 0.55 0.78 13 5 -0.30 -0.07 65.00 56.00 12/31/2026 No 7 46 None
COHR Options Chain 13.20 17.40 2.55 5.00 0.51 0.87 1 36 -0.29 -0.26 238.68 195.00 12/31/2026 No 3 22 None
MU Micron Technology Inc Options Chain 38.50 43.05 2.53 5.00 0.51 0.72 44 33 -0.30 -0.86 815.86 710.00 12/24/2026 Yes 15 69 None
UMAC Unusual Machines Inc Options Chain 0.85 1.05 0.25 0.50 0.50 1.05 3 35 -0.29 -0.02 11.83 10.00 12/31/2026 No 3 17 None
IONQ IonQ Inc Options Chain 1.32 2.13 0.47 1.00 0.47 0.79 2 2 -0.28 -0.04 31.27 26.00 12/31/2026 No 9 43 None
GOOG Alphabet Inc - Class C Options Chain 5.75 8.85 2.00 5.00 0.40 0.32 15 40 -0.30 -0.16 297.55 280.00 12/31/2026 No 10 65 None
CRWV CoreWeave Inc - Class A Options Chain 4.05 4.35 0.40 1.00 0.40 0.96 5 2 -0.29 -0.07 57.25 47.00 12/31/2026 No 3 21 None
SMCI Super Micro Computer Inc Options Chain 1.73 2.14 0.38 1.00 0.38 0.88 11 4 -0.30 -0.03 27.46 24.00 12/31/2026 No 13 47 None
IREN Iris Energy Ltd Options Chain 1.73 1.79 0.38 1.00 0.38 1.12 18 36 -0.30 -0.03 19.77 16.00 12/31/2026 No 4 42 None
KHC Kraft Heinz Company Options Chain 0.19 0.89 0.19 0.50 0.38 0.29 3 2 -0.25 0.00 24.57 23.50 12/31/2026 No 6 60 None
NVTS Navitas Semiconductor Corp Options Chain 0.56 0.68 0.19 0.50 0.38 0.85 259 3 -0.30 -0.01 9.68 8.00 12/31/2026 No 7 35 None
MRNA Moderna Inc Options Chain 12.50 16.60 1.82 5.00 0.36 0.81 152 1 -0.30 -0.25 230.82 200.00 12/31/2026 No 6 52 None
DELL Dell Technologies Inc - Class C Options Chain 22.85 26.05 1.82 5.00 0.36 0.87 1 3 -0.30 -0.42 377.80 310.00 12/31/2026 Yes 11 53 None
HL Hecla Mining Company Options Chain 0.43 0.67 0.18 0.50 0.36 0.56 1 2 -0.29 -0.01 13.35 12.00 12/31/2026 No 13 45 None
TGT Target Corp Options Chain 4.20 5.45 1.79 5.00 0.36 0.43 44 45 -0.29 -0.10 160.56 150.00 12/31/2026 Yes 11 64 None
NOW ServiceNow Inc Options Chain 3.60 3.65 0.35 1.00 0.35 0.48 67 27 -0.29 -0.07 100.90 95.00 12/31/2026 No 8 57 None
UNH Unitedhealth Group Inc Options Chain 7.00 9.55 1.73 5.00 0.35 0.34 1 4 -0.27 -0.15 404.02 380.00 12/31/2026 No 14 65 None
BE Bloom Energy Corp - Class A Options Chain 12.95 14.90 1.73 5.00 0.35 0.91 1 3 -0.29 -0.24 201.93 170.00 12/31/2026 No 5 14 None
COIN Coinbase Global Inc - Class A Options Chain 5.35 7.45 1.72 5.00 0.34 0.70 3 2 -0.28 -0.14 130.98 115.00 12/31/2026 No 8 56 None
AMD Advanced Micro Devices Inc Options Chain 23.85 26.75 1.72 5.00 0.34 0.66 9 32 -0.30 -0.56 582.90 490.00 12/24/2026 No 11 61 None
CBRS Cerebras Systems Inc - Class A Options Chain 6.30 8.60 1.70 5.00 0.34 0.89 1 12 -0.29 -0.12 115.68 95.00 12/31/2026 Yes 10 38 None
AVGO Broadcom Inc Options Chain 13.35 14.80 1.70 5.00 0.34 0.58 47 16 -0.30 -0.30 367.02 320.00 12/24/2026 Yes 14 65 None