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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| UNH | Unitedhealth Group Inc | Options Chain | 7.50 | 11.80 | 2.50 | 5.00 | 0.50 | 0.38 | 3 | 6 | -0.30 | -0.19 | 354.47 | 335.00 | 3/6/2026 | Yes | 13 | 67 | None | |
| SOFI | SoFi Technologies Inc | Options Chain | 0.93 | 1.51 | 0.50 | 1.00 | 0.50 | 0.65 | 46 | 113 | -0.27 | -0.02 | 26.09 | 24.00 | 3/6/2026 | Yes | 10 | 48 | None | |
| ALAB | Astera Labs Inc | Options Chain | 10.75 | 14.50 | 2.08 | 5.00 | 0.42 | 0.96 | 1 | 3 | -0.29 | -0.23 | 179.22 | 155.00 | 3/6/2026 | No | 3 | 22 | None | |
| GME | Gamestop Corporation - Class A | Options Chain | 0.43 | 0.84 | 0.20 | 0.50 | 0.40 | 0.44 | 20 | 30 | -0.27 | -0.02 | 22.59 | 21.50 | 3/6/2026 | No | 16 | 41 | None | |
| MSTR | Microstrategy Inc - Class A | Options Chain | 6.35 | 8.60 | 1.95 | 5.00 | 0.39 | 0.70 | 3 | 3 | -0.27 | -0.18 | 164.38 | 145.00 | 3/6/2026 | Yes | 7 | 79 | None | |
| SNDK | Sandisk Corp | Options Chain | 41.30 | 45.50 | 1.90 | 5.00 | 0.38 | 1.08 | 4 | 3 | -0.30 | -0.78 | 503.44 | 445.00 | 3/6/2026 | No | 3 | 22 | None | |
| TSM | Taiwan Semiconductor Manufacturing | Options Chain | 6.65 | 8.90 | 1.85 | 5.00 | 0.37 | 0.36 | 30 | 12 | -0.28 | -0.20 | 327.37 | 310.00 | 3/6/2026 | No | 20 | 62 |
Dividend Stock List |
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| WDC | Western Digital Corp | Options Chain | 12.15 | 16.30 | 1.85 | 5.00 | 0.37 | 0.84 | 6 | 3 | -0.28 | -0.28 | 241.90 | 215.00 | 3/6/2026 | Yes | 10 | 63 | None | |
| POET | POET Technologies Inc | Options Chain | 0.19 | 0.67 | 0.18 | 0.50 | 0.36 | 0.98 | 1 | 10 | -0.25 | -0.01 | 8.55 | 6.00 | 3/6/2026 | No | 8 | 31 | None | |
| CLS | Celestica Inc | Options Chain | 15.70 | 18.10 | 1.75 | 5.00 | 0.35 | 0.81 | 2 | 1 | -0.29 | -0.35 | 311.32 | 260.00 | 3/6/2026 | Yes | 8 | 52 | None | |
| MU | Micron Technology Inc | Options Chain | 18.45 | 20.70 | 1.73 | 5.00 | 0.35 | 0.65 | 8 | 51 | -0.30 | -0.38 | 389.11 | 365.00 | 3/6/2026 | No | 11 | 64 | None | |
| RDDT | Reddit Inc - Class A | Options Chain | 9.00 | 12.25 | 1.70 | 5.00 | 0.34 | 0.75 | 4 | 2 | -0.27 | -0.21 | 212.00 | 190.00 | 3/6/2026 | Yes | 11 | 43 | None | |
| TSLA | Tesla Inc | Options Chain | 14.65 | 14.95 | 1.70 | 5.00 | 0.34 | 0.46 | 67 | 35 | -0.30 | -0.32 | 434.15 | 420.00 | 3/6/2026 | Yes | 8 | 58 | None | |
| AMD | Advanced Micro Devices Inc | Options Chain | 10.50 | 10.80 | 1.67 | 5.00 | 0.33 | 0.57 | 5 | 5 | -0.30 | -0.22 | 252.88 | 235.00 | 3/6/2026 | Yes | 11 | 61 | None |