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
CRDO Credo Technology Group Holding Ltd Options Chain 8.10 11.60 2.55 5.00 0.51 0.95 15 11 -0.28 -0.21 161.69 130.00 12/4/2026 No 15 47 None
NCLH Norwegian Cruise Line Holdings Ltd Options Chain 0.39 0.81 0.23 0.50 0.46 0.55 5 5 -0.30 -0.01 15.52 14.00 12/4/2026 No 8 45 None
MU Micron Technology Inc Options Chain 32.40 34.80 2.20 5.00 0.44 0.53 2 2 -0.30 -0.71 845.68 815.00 12/4/2026 No 14 69 None
AMD Advanced Micro Devices Inc Options Chain 19.95 23.05 2.12 5.00 0.42 0.59 4 1 -0.29 -0.46 505.80 475.00 12/4/2026 Yes 12 62 None
NBIS Nebius Group N.V. - Class A Options Chain 9.80 12.80 2.10 5.00 0.42 0.97 6 3 -0.28 -0.22 155.68 140.00 12/4/2026 No 3 22 None
HD Home Depot Inc Options Chain 5.30 7.45 2.08 5.00 0.42 0.34 1 2 -0.27 -0.14 327.47 300.00 12/4/2026 No 10 70 None
MRNA Moderna Inc Options Chain 11.00 15.20 2.05 5.00 0.41 0.86 10 2 -0.30 -0.25 195.20 180.00 12/4/2026 No 8 50 None
AMZN Amazon.com Inc Options Chain 6.25 9.45 2.02 5.00 0.40 0.43 85 34 -0.30 -0.18 250.81 235.00 12/4/2026 Yes 12 68 None
IREN Iris Energy Ltd Options Chain 1.80 2.47 0.40 1.00 0.40 1.09 97 5 -0.29 -0.04 25.15 22.00 12/4/2026 No 5 43 None
HOOD Robinhood Markets Inc - Class A Options Chain 4.05 5.40 0.78 2.00 0.39 0.68 45 19 -0.30 -0.10 96.00 87.00 12/4/2026 No 10 56 None
AVGO Broadcom Inc Options Chain 9.00 11.35 1.93 5.00 0.39 0.43 35 39 -0.30 -0.23 323.00 305.00 12/4/2026 No 14 67 None
PLTR Palantir Technologies Inc - Class A Options Chain 8.15 9.30 1.90 5.00 0.38 0.63 2 17 -0.29 -0.18 197.00 180.00 12/4/2026 No 12 52 None
AXP American Express Company Options Chain 4.30 6.30 1.88 5.00 0.38 0.27 103 28 -0.28 -0.13 324.80 300.00 12/4/2026 Yes 12 73 None
IONQ IonQ Inc Options Chain 1.47 1.92 0.37 1.00 0.37 0.78 2 1 -0.28 -0.04 31.00 28.00 12/4/2026 No 7 43 None
RDDT Reddit Inc - Class A Options Chain 6.90 7.80 1.80 5.00 0.36 0.74 77 58 -0.28 -0.16 149.51 130.00 12/4/2026 No 13 46 None
BE Bloom Energy Corp - Class A Options Chain 10.70 12.00 1.80 5.00 0.36 0.79 77 58 -0.30 -0.24 202.84 175.00 12/4/2026 No 5 15 None
MSTR Strategy Inc - Class A Options Chain 5.75 7.60 1.75 5.00 0.35 0.72 19 40 -0.27 -0.15 145.04 130.00 12/4/2026 No 4 53 None
NFLX Netflix Inc Options Chain 1.24 1.57 0.35 1.00 0.35 0.32 2 89 -0.29 -0.04 67.00 63.00 12/4/2026 No 6 56 None
HIMS Hims & Hers Health Inc - Class A Options Chain 1.50 1.99 0.35 1.00 0.35 0.83 2 11 -0.30 -0.03 28.99 25.00 12/4/2026 No 6 39 None
VST Vistra Corp Options Chain 4.10 5.95 1.73 5.00 0.35 0.52 6 2 -0.29 -0.11 140.16 130.00 12/4/2026 No 8 60 None
CIFR Cipher Mining Inc Options Chain 0.57 0.93 0.17 0.50 0.34 1.21 100 150 -0.29 -0.02 8.19 7.00 12/4/2026 No 6 37 None
GLW Corning Inc Options Chain 2.71 5.55 1.66 5.00 0.33 0.61 5 1 -0.24 -0.11 122.94 110.00 12/4/2026 No 8 52 None
RKLB Rocket Lab USA Inc Options Chain 2.06 3.25 0.33 1.00 0.33 0.75 59 2 -0.28 -0.06 50.89 47.00 12/4/2026 No 7 45 None