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
OPTU Altice USA Inc - Class A Options Chain 0.35 0.45 0.32 0.50 0.64 3.92 37 5 -0.25 0.00 1.10 1.00 7/17/2026 No 3 22 None
VELO Velocity Acquisition Corp - Class A Options Chain 4.90 5.50 1.35 2.50 0.54 2.24 230 28 -0.27 -0.09 22.68 25.00 7/17/2026 No 12 37 None
NMRA Options Chain 0.35 0.45 0.27 0.50 0.54 2.65 204 1 -0.27 -0.01 1.60 1.50 7/17/2026 No 3 10 None
SNDQ Tradr 2X Short SNDK Daily Options Chain 0.65 1.10 0.50 1.00 0.50 2.48 90 6 -0.27 -0.02 5.88 4.00 7/17/2026 No 3 16 None
OPEN Opendoor Technologies Inc Options Chain 0.23 0.70 0.25 0.50 0.50 1.15 5 2 -0.30 -0.01 4.40 4.00 7/31/2026 No 5 31 None
ARM Options Chain 26.85 29.65 2.32 5.00 0.46 1.03 2 1 -0.29 -0.45 307.43 285.00 7/31/2026 No 3 22 None
HYLN Hyliion Holdings Corporation - Class A Options Chain 0.70 0.90 0.40 1.00 0.40 1.57 33 25 -0.28 -0.02 6.92 6.00 7/17/2026 No 8 31 None
SPCE Virgin Galactic Holdings Inc - Class A Options Chain 0.61 1.07 0.20 0.50 0.40 1.83 2 30 -0.26 -0.01 4.71 4.50 7/31/2026 No 5 29 None
MRVL Marvell Technology Inc Options Chain 20.25 23.65 1.82 5.00 0.36 0.99 4 1 -0.30 -0.36 252.59 235.00 7/31/2026 No 11 59 None
MRAM Everspin Technologies Inc Options Chain 2.00 2.25 0.90 2.50 0.36 1.32 6 3 -0.29 -0.05 22.45 20.00 7/17/2026 No 10 -1 None
WIX Wix.com Ltd Options Chain 2.40 2.65 0.85 2.50 0.34 0.87 28 32 -0.29 -0.06 46.21 40.00 7/17/2026 No 8 39 None
GOOG Alphabet Inc - Class C Options Chain 7.30 10.50 1.67 5.00 0.33 0.38 11 8 -0.29 -0.20 362.29 325.00 7/31/2026 Yes 10 64 None
TSM Taiwan Semiconductor Manufacturing Options Chain 13.90 17.80 1.67 5.00 0.33 0.51 1 4 -0.29 -0.31 408.75 385.00 7/31/2026 Yes 22 66
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