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
SLS SELLAS Life Sciences Group Inc Options Chain 3.60 4.20 0.80 1.00 0.80 2.82 1065 881 -0.29 -0.04 12.17 10.00 12/18/2026 Yes 8 34 None
NOW ServiceNow Inc Options Chain 7.30 7.50 0.77 2.00 0.39 0.58 31 3 -0.29 -0.12 154.60 140.00 12/18/2026 Yes 7 54 None
HIMS Hims & Hers Health Inc - Class A Options Chain 1.76 1.84 0.38 1.00 0.38 0.78 5 5 -0.29 -0.03 27.92 25.00 12/18/2026 Yes 6 39 None
BE Bloom Energy Corp - Class A Options Chain 13.70 14.15 1.83 5.00 0.37 0.79 25 2 -0.30 -0.24 219.60 200.00 12/18/2026 No 5 15 None
MRNA Moderna Inc Options Chain 13.30 14.05 1.80 5.00 0.36 0.84 22 13 -0.28 -0.23 207.97 190.00 12/18/2026 Yes 8 52 None
WULF TeraWulf Inc Options Chain 1.01 1.05 0.36 1.00 0.36 1.02 94 656 -0.27 -0.02 12.71 11.00 12/18/2026 Yes 2 37 None
NAUT Nautilus Biotechnology Inc Options Chain 0.25 0.40 0.18 0.50 0.36 1.57 5 5 -0.29 0.00 2.83 2.50 12/18/2026 Yes 10 30 None
SMCI Super Micro Computer Inc Options Chain 2.09 2.15 0.35 1.00 0.35 0.78 29 163 -0.29 -0.04 35.09 31.00 12/18/2026 Yes 18 57 None
APLD Options Chain 1.40 1.50 0.35 1.00 0.35 0.94 7 2 -0.29 -0.02 19.51 17.00 12/18/2026 No 3 18 None
NBIS Nebius Group N.V. - Class A Options Chain 11.55 12.00 1.73 5.00 0.35 0.91 96 4 -0.28 -0.21 170.47 150.00 12/18/2026 No 3 22 None
CIFR Cipher Mining Inc Options Chain 0.79 0.83 0.34 1.00 0.34 1.23 3 52 -0.27 -0.01 8.48 7.00 12/18/2026 Yes 6 37 None
BILI Bilibili Inc Options Chain 0.47 0.64 0.34 1.00 0.34 0.55 1 3 -0.29 -0.01 13.13 12.00 12/18/2026 Yes 18 6 None
INTC Intel Corp Options Chain 4.20 4.35 0.85 2.50 0.34 0.61 41 73 -0.28 -0.08 93.74 85.00 12/18/2026 Yes 5 53 None