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
CIFR Cipher Mining Inc Options Chain 1.21 1.62 0.32 0.50 0.64 0.96 396 17 -0.30 -0.03 19.09 17.00 10/30/2026 No 5 39 None
MRK Merck & Co Inc Options Chain 2.55 3.25 0.54 1.00 0.54 0.33 1 2 -0.29 -0.09 150.91 140.00 10/30/2026 Yes 9 59 None
QBTS D-Wave Quantum Inc Options Chain 0.71 0.98 0.26 0.50 0.52 0.70 12 53 -0.28 -0.02 18.48 15.50 10/30/2026 No 7 39 None
PYPL PayPal Holdings Inc Options Chain 0.91 2.00 0.50 1.00 0.50 0.46 1 14 -0.28 -0.03 52.89 49.00 10/30/2026 Yes 14 59 None
MRNA Moderna Inc Options Chain 12.00 14.00 1.17 2.50 0.47 0.98 41 5 -0.29 -0.27 182.56 165.00 10/30/2026 No 10 50 None
LUNR Intuitive Machines Inc - Class A Options Chain 0.87 1.07 0.23 0.50 0.46 0.87 6 4 -0.30 -0.02 16.25 14.00 10/30/2026 No 6 36 None
CRCL Circle Internet Group Inc - Class A Options Chain 4.50 4.95 0.45 1.00 0.45 0.74 4 7 -0.30 -0.11 94.59 85.00 10/30/2026 No 3 21 None
NLY Annaly Capital Management Inc Options Chain 0.32 0.63 0.22 0.50 0.44 0.23 1 3 -0.20 0.00 21.44 20.00 10/30/2026 Yes 14 71 None
BMNR BitMine Immersion Technologies Inc Options Chain 1.34 1.46 0.22 0.50 0.44 0.74 84 11 -0.29 -0.03 28.76 25.00 10/30/2026 No 11 32 None
SEDG Solaredge Technologies Inc Options Chain 1.73 2.14 0.43 1.00 0.43 0.79 10 11 -0.30 -0.05 36.08 31.00 10/30/2026 No 10 25 None
APLD Options Chain 1.57 1.88 0.41 1.00 0.41 0.92 55 66 -0.28 -0.04 28.54 25.00 10/30/2026 No 3 19 None
ASTS AST SpaceMobile Inc - Class A Options Chain 3.05 3.50 0.41 1.00 0.41 0.72 38 55 -0.30 -0.07 63.69 56.00 10/30/2026 No 4 42 None
BE Bloom Energy Corp - Class A Options Chain 16.40 17.30 2.02 5.00 0.40 0.82 70 3 -0.30 -0.37 276.53 250.00 10/30/2026 Yes 5 54 None
UPS United Parcel Service Inc - Class B Options Chain 2.10 2.50 0.40 1.00 0.40 0.36 3 1 -0.29 -0.06 95.87 92.00 10/30/2026 Yes 9 52 None
MSTR Strategy Inc - Class A Options Chain 7.85 8.10 0.40 1.00 0.40 0.68 152 131 -0.30 -0.18 167.33 150.00 10/30/2026 Yes 4 53 None
PSKY New Pluto Global Inc - Class B Options Chain 0.27 0.34 0.20 0.50 0.40 0.57 5 1 -0.26 -0.01 10.11 9.00 10/30/2026 No 3 17 None
CDE Coeur Mining Inc Options Chain 0.75 0.90 0.20 0.50 0.40 0.59 53 70 -0.30 -0.02 20.49 18.00 10/30/2026 No 15 66 None
SKHY SK Hynix Inc Options Chain 7.70 8.55 0.95 2.50 0.38 0.63 17 3 -0.30 -0.18 195.37 175.00 10/30/2026 No 3 22 None
HIMS Hims & Hers Health Inc - Class A Options Chain 1.38 1.51 0.38 1.00 0.38 0.67 66 42 -0.30 -0.03 30.43 27.00 10/30/2026 No 6 40 None
CRWV CoreWeave Inc - Class A Options Chain 4.20 4.50 0.37 1.00 0.37 0.73 119 43 -0.29 -0.10 86.76 80.00 10/30/2026 No 3 21 None
DELL Dell Technologies Inc - Class C Options Chain 21.45 23.15 1.80 5.00 0.36 0.61 11 26 -0.30 -0.52 548.92 505.00 10/30/2026 No 11 53 None
IREN Iris Energy Ltd Options Chain 2.40 2.57 0.36 1.00 0.36 0.80 62 187 -0.28 -0.06 48.55 43.00 10/30/2026 No 6 43 None
SMCI Super Micro Computer Inc Options Chain 2.06 2.14 0.36 1.00 0.36 0.72 31 22 -0.30 -0.05 41.54 38.00 10/30/2026 No 18 57 None
USAR USA Rare Earth Inc - Class A Options Chain 0.67 0.80 0.18 0.50 0.36 0.73 25 198 -0.27 -0.02 16.99 14.50 10/30/2026 No 3 18 None
WULF TeraWulf Inc Options Chain 0.83 0.88 0.18 0.50 0.36 0.80 50 14 -0.28 -0.02 17.33 15.00 10/30/2026 No 2 38 None
ONDS Ondas Holdings Inc Options Chain 0.35 0.40 0.18 0.50 0.36 0.70 126 81 -0.30 -0.01 7.72 7.00 10/30/2026 No 9 38 None
FSLY Fastly Inc - Class A Options Chain 0.90 1.35 0.18 0.50 0.36 0.86 16 19 -0.30 -0.03 26.08 22.50 10/30/2026 No 7 42 None
SPCX Space Exploration Technologies Corp - Class A Options Chain 4.90 5.00 0.35 1.00 0.35 0.49 352 25 -0.29 -0.12 154.72 140.00 10/30/2026 No 5 35 None
ORCL Oracle Corp Options Chain 5.00 5.30 0.35 1.00 0.35 0.52 4 60 -0.30 -0.12 148.56 136.00 10/30/2026 No 12 69 None
CVNA Carvana Co. - Class A Options Chain 3.05 3.55 0.35 1.00 0.35 0.71 10 2 -0.30 -0.07 65.40 59.00 10/30/2026 No 8 51 None
NOW ServiceNow Inc Options Chain 5.70 6.05 0.35 1.00 0.35 0.61 17 2 -0.30 -0.14 137.00 130.00 10/30/2026 No 9 54 None
NBIS Nebius Group N.V. - Class A Options Chain 11.80 12.95 1.73 5.00 0.35 0.79 12 195 -0.29 -0.28 236.12 210.00 10/30/2026 No 3 22 None
MU Micron Technology Inc Options Chain 42.10 43.65 1.73 5.00 0.35 0.61 31 159 -0.30 -1.03 1,096.16 985.00 10/30/2026 Yes 12 68 None
OKLO AltC Acquisition Corp - Class A Options Chain 1.84 1.98 0.34 1.00 0.34 0.70 4 45 -0.30 -0.04 40.45 36.00 10/30/2026 No 3 20 None
GME Gamestop Corporation - Class A Options Chain 0.56 0.72 0.17 0.50 0.34 0.49 13 43 -0.27 -0.02 24.03 22.50 10/30/2026 No 10 42 None
UUUU Energy Fuels Inc Options Chain 0.41 0.50 0.17 0.50 0.34 0.68 12 4 -0.27 -0.01 12.14 10.50 10/30/2026 No 4 39 None
RXRX Recursion Pharmaceuticals Inc - Class A Options Chain 0.22 0.36 0.17 0.50 0.34 0.99 39 1 -0.29 -0.01 4.05 3.50 10/30/2026 No 8 27 None
LYFT Lyft Inc Cls A Options Chain 0.45 0.53 0.17 0.50 0.34 0.46 2 5 -0.29 -0.01 14.90 14.00 10/30/2026 No 14 43 None
SNDK Sandisk Corp Options Chain 93.90 98.70 1.70 5.00 0.34 0.74 23 2 -0.30 -2.17 1,887.04 1,675.00 10/30/2026 No 3 22 None
RKLB Rocket Lab USA Inc Options Chain 3.10 3.40 0.33 1.00 0.33 0.67 90 39 -0.29 -0.08 71.98 65.00 10/30/2026 No 7 45 None