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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| MP | MP Materials Corporation | Options Chain | 1.52 | 2.05 | 0.65 | 1.00 | 0.65 | 0.65 | 1 | 1 | -0.28 | -0.04 | 38.31 | 35.00 | 12/31/2026 | No | 4 | 49 | None | |
| RKLB | Rocket Lab USA Inc | Options Chain | 3.50 | 4.40 | 0.55 | 1.00 | 0.55 | 0.78 | 13 | 5 | -0.30 | -0.07 | 65.00 | 56.00 | 12/31/2026 | No | 7 | 46 | None | |
| COHR | Options Chain | 13.20 | 17.40 | 2.55 | 5.00 | 0.51 | 0.87 | 1 | 36 | -0.29 | -0.26 | 238.68 | 195.00 | 12/31/2026 | No | 3 | 22 | None | ||
| MU | Micron Technology Inc | Options Chain | 38.50 | 43.05 | 2.53 | 5.00 | 0.51 | 0.72 | 44 | 33 | -0.30 | -0.86 | 815.86 | 710.00 | 12/24/2026 | Yes | 15 | 69 | None | |
| UMAC | Unusual Machines Inc | Options Chain | 0.85 | 1.05 | 0.25 | 0.50 | 0.50 | 1.05 | 3 | 35 | -0.29 | -0.02 | 11.83 | 10.00 | 12/31/2026 | No | 3 | 17 | None | |
| IONQ | IonQ Inc | Options Chain | 1.32 | 2.13 | 0.47 | 1.00 | 0.47 | 0.79 | 2 | 2 | -0.28 | -0.04 | 31.27 | 26.00 | 12/31/2026 | No | 9 | 43 | None | |
| GOOG | Alphabet Inc - Class C | Options Chain | 5.75 | 8.85 | 2.00 | 5.00 | 0.40 | 0.32 | 15 | 40 | -0.30 | -0.16 | 297.55 | 280.00 | 12/31/2026 | No | 10 | 65 | None | |
| CRWV | CoreWeave Inc - Class A | Options Chain | 4.05 | 4.35 | 0.40 | 1.00 | 0.40 | 0.96 | 5 | 2 | -0.29 | -0.07 | 57.25 | 47.00 | 12/31/2026 | No | 3 | 21 | None | |
| SMCI | Super Micro Computer Inc | Options Chain | 1.73 | 2.14 | 0.38 | 1.00 | 0.38 | 0.88 | 11 | 4 | -0.30 | -0.03 | 27.46 | 24.00 | 12/31/2026 | No | 13 | 47 | None | |
| IREN | Iris Energy Ltd | Options Chain | 1.73 | 1.79 | 0.38 | 1.00 | 0.38 | 1.12 | 18 | 36 | -0.30 | -0.03 | 19.77 | 16.00 | 12/31/2026 | No | 4 | 42 | None | |
| KHC | Kraft Heinz Company | Options Chain | 0.19 | 0.89 | 0.19 | 0.50 | 0.38 | 0.29 | 3 | 2 | -0.25 | 0.00 | 24.57 | 23.50 | 12/31/2026 | No | 6 | 60 | None | |
| NVTS | Navitas Semiconductor Corp | Options Chain | 0.56 | 0.68 | 0.19 | 0.50 | 0.38 | 0.85 | 259 | 3 | -0.30 | -0.01 | 9.68 | 8.00 | 12/31/2026 | No | 7 | 35 | None | |
| MRNA | Moderna Inc | Options Chain | 12.50 | 16.60 | 1.82 | 5.00 | 0.36 | 0.81 | 152 | 1 | -0.30 | -0.25 | 230.82 | 200.00 | 12/31/2026 | No | 6 | 52 | None | |
| DELL | Dell Technologies Inc - Class C | Options Chain | 22.85 | 26.05 | 1.82 | 5.00 | 0.36 | 0.87 | 1 | 3 | -0.30 | -0.42 | 377.80 | 310.00 | 12/31/2026 | Yes | 11 | 53 | None | |
| HL | Hecla Mining Company | Options Chain | 0.43 | 0.67 | 0.18 | 0.50 | 0.36 | 0.56 | 1 | 2 | -0.29 | -0.01 | 13.35 | 12.00 | 12/31/2026 | No | 13 | 45 | None | |
| TGT | Target Corp | Options Chain | 4.20 | 5.45 | 1.79 | 5.00 | 0.36 | 0.43 | 44 | 45 | -0.29 | -0.10 | 160.56 | 150.00 | 12/31/2026 | Yes | 11 | 64 | None | |
| NOW | ServiceNow Inc | Options Chain | 3.60 | 3.65 | 0.35 | 1.00 | 0.35 | 0.48 | 67 | 27 | -0.29 | -0.07 | 100.90 | 95.00 | 12/31/2026 | No | 8 | 57 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 7.00 | 9.55 | 1.73 | 5.00 | 0.35 | 0.34 | 1 | 4 | -0.27 | -0.15 | 404.02 | 380.00 | 12/31/2026 | No | 14 | 65 | None | |
| BE | Bloom Energy Corp - Class A | Options Chain | 12.95 | 14.90 | 1.73 | 5.00 | 0.35 | 0.91 | 1 | 3 | -0.29 | -0.24 | 201.93 | 170.00 | 12/31/2026 | No | 5 | 14 | None | |
| COIN | Coinbase Global Inc - Class A | Options Chain | 5.35 | 7.45 | 1.72 | 5.00 | 0.34 | 0.70 | 3 | 2 | -0.28 | -0.14 | 130.98 | 115.00 | 12/31/2026 | No | 8 | 56 | None | |
| AMD | Advanced Micro Devices Inc | Options Chain | 23.85 | 26.75 | 1.72 | 5.00 | 0.34 | 0.66 | 9 | 32 | -0.30 | -0.56 | 582.90 | 490.00 | 12/24/2026 | No | 11 | 61 | None | |
| CBRS | Cerebras Systems Inc - Class A | Options Chain | 6.30 | 8.60 | 1.70 | 5.00 | 0.34 | 0.89 | 1 | 12 | -0.29 | -0.12 | 115.68 | 95.00 | 12/31/2026 | Yes | 10 | 38 | None | |
| AVGO | Broadcom Inc | Options Chain | 13.35 | 14.80 | 1.70 | 5.00 | 0.34 | 0.58 | 47 | 16 | -0.30 | -0.30 | 367.02 | 320.00 | 12/24/2026 | Yes | 14 | 65 | None |