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
NBIS Nebius Group N.V. - Class A Options Chain 25.10 26.70 2.45 5.00 0.49 1.45 31 45 -0.30 -0.36 148.22 170.00 9/18/2026 No 3 22 None
RAM Aries I Acquisition Corp - Class A Options Chain 1.95 2.20 0.48 1.00 0.48 1.97 6 4 -0.27 -0.03 8.40 9.00 9/18/2026 No 3 16 None
SNDK Sandisk Corp Options Chain 143.90 148.50 4.50 10.00 0.45 1.27 56 36 -0.30 -2.08 1,008.75 1,090.00 9/18/2026 No 3 22 None
CVNA Carvana Co. - Class A Options Chain 4.60 4.90 0.80 2.00 0.40 0.78 7 17 -0.27 -0.07 66.32 58.00 9/18/2026 Yes 8 50 None
SPCX Space Exploration Technologies Corp - Class A Options Chain 9.00 9.20 1.95 5.00 0.39 0.98 1976 162 -0.28 -0.14 113.15 100.00 9/18/2026 Yes 3 33 None
SMCI Super Micro Computer Inc Options Chain 1.93 2.08 0.39 1.00 0.39 0.97 231 19 -0.27 -0.04 25.94 24.00 9/18/2026 Yes 14 54 None
ORCL Oracle Corp Options Chain 8.65 8.90 1.93 5.00 0.39 0.77 159 1072 -0.30 -0.13 117.74 115.00 9/18/2026 Yes 7 63 None
MRVL Marvell Technology Inc Options Chain 14.05 14.70 1.90 5.00 0.38 0.97 172 230 -0.30 -0.23 163.29 160.00 9/18/2026 Yes 10 60 None
NOW ServiceNow Inc Options Chain 5.45 5.75 0.75 2.00 0.38 0.59 98 14 -0.30 -0.09 110.62 100.00 9/18/2026 No 9 54 None
SKHY SK Hynix Inc Options Chain 12.40 13.50 1.85 5.00 0.37 1.10 60 46 -0.28 -0.20 125.77 125.00 9/18/2026 No 3 22 None
MXL MaxLinear Inc Options Chain 5.30 5.90 1.85 5.00 0.37 1.18 132 5 -0.30 -0.09 57.13 55.00 9/18/2026 No 5 48 None
RIOT Riot Platforms Inc Options Chain 1.73 1.93 0.36 1.00 0.36 1.07 55 194 -0.28 -0.03 18.61 19.00 9/18/2026 Yes 5 43 None
DJT Trump Media & Technology Group Corp Options Chain 0.56 0.99 0.36 1.00 0.36 0.91 6 4 -0.29 -0.01 9.85 9.00 9/18/2026 No 3 16 None
LRCX Lam Research Corp Options Chain 20.30 21.45 3.55 10.00 0.35 0.86 34 55 -0.29 -0.34 252.35 270.00 9/18/2026 Yes 11 58 None
RKLB Rocket Lab USA Inc Options Chain 5.00 5.35 1.75 5.00 0.35 1.03 138 37 -0.28 -0.09 58.81 55.00 9/18/2026 Yes 7 44 None
QBTS D-Wave Quantum Inc Options Chain 1.25 1.35 0.35 1.00 0.35 1.01 4 3 -0.27 -0.02 16.45 15.00 9/18/2026 Yes 8 28 None
RBLX Roblox Corporation - Class A Options Chain 2.80 2.99 0.84 2.50 0.34 0.80 112 181 -0.28 -0.05 49.51 42.50 9/18/2026 Yes 3 44 None
SIMO Silicon Motion Technology Corp Options Chain 17.60 22.40 3.35 10.00 0.34 0.96 1 5 -0.29 -0.32 229.00 220.00 9/18/2026 Yes 13 59 None
USAR USA Rare Earth Inc - Class A Options Chain 0.94 1.02 0.33 1.00 0.33 1.01 30 1 -0.25 -0.02 13.07 12.00 9/18/2026 No 3 17 None
IREN Iris Energy Ltd Options Chain 4.05 4.30 0.33 1.00 0.33 1.36 416 1093 -0.30 -0.06 29.92 32.00 9/18/2026 Yes 10 43 None