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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HIMS | Hims & Hers Health Inc - Class A | Options Chain | 0.75 | 2.14 | 0.64 | 1.00 | 0.64 | 0.68 | 12 | 14 | -0.27 | -0.03 | 29.99 | 26.00 | 10/2/2026 | No | 6 | 39 | None | |
| BE | Bloom Energy Corp - Class A | Options Chain | 17.65 | 21.50 | 2.65 | 5.00 | 0.53 | 0.96 | 1 | 3 | -0.30 | -0.30 | 239.40 | 210.00 | 10/2/2026 | No | 5 | 15 | None | |
| AAOI | Applied Optoelectronics Inc | Options Chain | 10.00 | 12.90 | 2.50 | 5.00 | 0.50 | 1.04 | 10 | 27 | -0.30 | -0.20 | 137.54 | 115.00 | 9/25/2026 | No | 8 | 44 | None | |
| NBIS | Nebius Group N.V. - Class A | Options Chain | 20.00 | 23.25 | 2.20 | 5.00 | 0.44 | 0.99 | 1 | 17 | -0.30 | -0.32 | 254.45 | 225.00 | 10/2/2026 | No | 3 | 22 | None | |
| MRVL | Marvell Technology Inc | Options Chain | 13.20 | 17.00 | 2.00 | 5.00 | 0.40 | 0.81 | 5 | 2 | -0.30 | -0.24 | 219.79 | 200.00 | 10/2/2026 | Yes | 10 | 60 | None | |
| HTZ | Hertz Global Holdings Inc (New) | Options Chain | 0.20 | 0.34 | 0.20 | 0.50 | 0.40 | 1.33 | 5 | 2 | -0.29 | 0.00 | 2.87 | 2.00 | 10/2/2026 | No | 11 | 21 | None | |
| SPCX | Space Exploration Technologies Corp - Class A | Options Chain | 6.90 | 7.15 | 0.38 | 1.00 | 0.38 | 0.67 | 34 | 8 | -0.30 | -0.13 | 146.70 | 129.00 | 9/25/2026 | No | 5 | 35 | None | |
| SMCI | Super Micro Computer Inc | Options Chain | 1.95 | 2.70 | 0.37 | 1.00 | 0.37 | 0.77 | 38 | 13 | -0.28 | -0.04 | 37.33 | 35.00 | 10/2/2026 | No | 16 | 54 | None | |
| LRCX | Lam Research Corp | Options Chain | 15.25 | 18.90 | 1.75 | 5.00 | 0.35 | 0.65 | 1 | 1 | -0.29 | -0.29 | 327.04 | 305.00 | 10/2/2026 | No | 13 | 58 | None |