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
MRNA Moderna Inc Options Chain 16.00 19.75 2.40 5.00 0.48 1.05 41 17 -0.30 -0.34 216.00 200.00 11/27/2026 Yes 8 52 None
IONQ IonQ Inc Options Chain 1.60 2.21 0.46 1.00 0.46 0.68 7 1 -0.27 -0.05 31.28 28.00 11/27/2026 Yes 7 43 None
T AT&T Inc Options Chain 0.35 0.64 0.21 0.50 0.42 0.30 4 2 -0.27 -0.01 23.43 22.00 11/27/2026 Yes 11 60 None
GME Gamestop Corporation - Class A Options Chain 0.90 1.47 0.21 0.50 0.42 0.63 21 6 -0.29 -0.03 26.81 24.50 11/27/2026 No 15 50 None
MO Altria Group Inc Options Chain 0.92 1.17 0.38 1.00 0.38 0.25 4 15 -0.27 -0.03 75.10 71.00 11/27/2026 Yes 7 59 None
CRWD Crowdstrike Holdings Inc - Class A Options Chain 7.35 9.20 1.80 5.00 0.36 0.56 10 7 -0.29 -0.20 225.87 210.00 11/27/2026 No 8 41 None
PEP PepsiCo Inc Options Chain 1.13 1.88 0.35 1.00 0.35 0.22 2 6 -0.28 -0.04 131.70 127.00 11/27/2026 No 9 57 None
UBER Uber Technologies Inc Options Chain 1.57 1.90 0.35 1.00 0.35 0.40 1 2 -0.29 -0.04 70.09 66.00 11/27/2026 Yes 11 62 None
CRWV CoreWeave Inc - Class A Options Chain 3.95 4.25 0.35 1.00 0.35 1.00 8 22 -0.29 -0.08 60.97 54.00 11/27/2026 No 3 21 None
HOOD Robinhood Markets Inc - Class A Options Chain 4.60 4.75 0.35 1.00 0.35 0.66 1 28 -0.30 -0.10 98.87 91.00 11/27/2026 Yes 10 56 None
IREN Iris Energy Ltd Options Chain 2.10 2.17 0.35 1.00 0.35 1.02 51 31 -0.30 -0.04 26.99 25.00 11/27/2026 Yes 5 42 None
INTC Intel Corp Options Chain 4.00 4.10 0.67 2.00 0.34 0.62 47 60 -0.30 -0.09 89.85 87.00 11/27/2026 Yes 5 53 None
SMCI Super Micro Computer Inc Options Chain 1.61 1.80 0.33 1.00 0.33 0.83 6 11 -0.27 -0.04 31.55 29.00 11/27/2026 Yes 18 57 None