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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NOK | Nokia Corp | Options Chain | 1.04 | 1.18 | 0.35 | 0.50 | 0.70 | 1.12 | 102 | 14 | -0.30 | -0.03 | 14.06 | 13.50 | 7/24/2026 | Yes | 12 | 42 | None | |
| SPCE | Virgin Galactic Holdings Inc - Class A | Options Chain | 0.45 | 0.75 | 0.30 | 0.50 | 0.60 | 1.72 | 17 | 2 | -0.25 | -0.01 | 4.37 | 3.50 | 7/24/2026 | No | 5 | 30 | None | |
| POET | POET Technologies Inc | Options Chain | 0.90 | 1.58 | 0.24 | 0.50 | 0.48 | 1.31 | 12 | 6 | -0.27 | -0.02 | 11.68 | 10.50 | 7/24/2026 | No | 6 | 32 | None | |
| NOW | ServiceNow Inc | Options Chain | 3.40 | 5.50 | 2.15 | 5.00 | 0.43 | 0.67 | 20 | 127 | -0.26 | -0.12 | 110.90 | 100.00 | 7/24/2026 | Yes | 12 | 58 | None | |
| UBER | Uber Technologies Inc | Options Chain | 1.62 | 2.08 | 0.43 | 1.00 | 0.43 | 0.32 | 2 | 3 | -0.30 | -0.03 | 72.17 | 67.00 | 7/24/2026 | No | 7 | 55 | None | |
| GOOG | Alphabet Inc - Class C | Options Chain | 8.40 | 10.90 | 2.02 | 5.00 | 0.40 | 0.32 | 4 | 14 | -0.30 | -0.19 | 365.76 | 345.00 | 7/24/2026 | Yes | 14 | 70 | None | |
| MRVL | Marvell Technology Inc | Options Chain | 19.35 | 21.90 | 1.98 | 5.00 | 0.40 | 1.05 | 23 | 2 | -0.29 | -0.43 | 272.88 | 250.00 | 7/24/2026 | No | 11 | 59 | None | |
| ORCL | Oracle Corp | Options Chain | 8.95 | 10.50 | 1.95 | 5.00 | 0.39 | 0.69 | 2 | 4 | -0.29 | -0.20 | 210.20 | 190.00 | 7/24/2026 | Yes | 9 | 63 | None | |
| INTC | Intel Corp | Options Chain | 6.00 | 6.95 | 1.85 | 5.00 | 0.37 | 0.85 | 15 | 14 | -0.28 | -0.13 | 99.17 | 95.00 | 7/24/2026 | Yes | 5 | 54 | None | |
| NBIS | Nebius Group N.V. - Class A | Options Chain | 17.25 | 19.80 | 1.85 | 5.00 | 0.37 | 1.11 | 2 | 5 | -0.29 | -0.33 | 221.83 | 195.00 | 7/24/2026 | No | 3 | 22 | None | |
| PURR | Hyperliquid Strategies Inc | Options Chain | 0.75 | 0.95 | 0.37 | 1.00 | 0.37 | 1.23 | 93 | 38 | -0.29 | -0.02 | 8.65 | 8.00 | 7/17/2026 | No | 3 | 16 | None | |
| COIN | Coinbase Global Inc - Class A | Options Chain | 5.60 | 8.80 | 1.72 | 5.00 | 0.34 | 0.79 | 3 | 4 | -0.28 | -0.15 | 151.60 | 135.00 | 7/24/2026 | No | 9 | 58 | None | |
| HYLN | Hyliion Holdings Corporation - Class A | Options Chain | 0.60 | 0.95 | 0.33 | 1.00 | 0.33 | 1.52 | 3 | 25 | -0.26 | -0.01 | 6.90 | 6.00 | 7/17/2026 | No | 8 | 31 | None | |
| AMCR | Amcor Plc | Options Chain | 0.80 | 1.15 | 0.33 | 1.00 | 0.33 | 0.33 | 3 | 4 | -0.27 | -0.02 | 38.13 | 36.00 | 7/17/2026 | No | 11 | 58 | None | |
| NVO | Novo Nordisk | Options Chain | 0.85 | 1.35 | 0.33 | 1.00 | 0.33 | 0.41 | 2 | 1 | -0.28 | -0.03 | 42.77 | 39.00 | 7/24/2026 | No | 13 | 54 | None |