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.

Download as spreadsheet Download

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
IREN Iris Energy Ltd Options Chain 3.00 4.35 0.48 1.00 0.48 0.99 27 4 -0.30 -0.06 44.06 40.00 10/2/2026 Yes 9 42 None
NOK Nokia Corp Options Chain 0.32 0.43 0.24 0.50 0.48 0.61 2 12 -0.26 -0.01 10.81 9.50 10/2/2026 No 11 45 None
USAR USA Rare Earth Inc - Class A Options Chain 1.15 1.40 0.24 0.50 0.48 0.89 14 1 -0.28 -0.02 19.29 17.00 10/2/2026 No 3 18 None
PG Procter & Gamble Company Options Chain 1.49 2.37 0.46 1.00 0.46 0.21 3 1 -0.28 -0.05 143.12 138.00 10/2/2026 No 12 72 None
CRWD Crowdstrike Holdings Inc - Class A Options Chain 7.55 11.40 2.28 5.00 0.46 0.62 1 11 -0.28 -0.19 216.95 195.00 10/2/2026 Yes 7 40 None
RIVN Rivian Automotive Inc - Class A Options Chain 0.42 0.74 0.22 0.50 0.44 0.58 32 26 -0.30 -0.02 14.87 13.50 10/2/2026 No 6 36 None
GLW Corning Inc Options Chain 7.05 8.50 2.08 5.00 0.42 0.67 13 31 -0.27 -0.16 165.99 155.00 10/2/2026 No 8 52 None
GOOGL Alphabet Inc - Class A Options Chain 6.70 8.00 2.00 5.00 0.40 0.29 25 53 -0.30 -0.16 345.90 330.00 10/2/2026 No 15 73 None
TE T1 Energy Inc Options Chain 0.25 0.40 0.20 0.50 0.40 1.11 11 11 -0.23 -0.01 5.20 4.00 10/2/2026 No 3 16 None
FRMI Fermi Inc Options Chain 0.35 0.65 0.20 0.50 0.40 0.98 3 3 -0.30 -0.01 6.39 5.50 10/2/2026 No 3 16 None
IBM International Business Machines Corp Options Chain 3.75 6.65 1.96 5.00 0.39 0.36 4 54 -0.27 -0.13 234.32 215.00 10/2/2026 No 9 66 None
ARM Options Chain 12.30 15.75 1.90 5.00 0.38 0.71 7 4 -0.28 -0.27 278.85 245.00 10/2/2026 No 3 22 None
NCLH Norwegian Cruise Line Holdings Ltd Options Chain 0.34 1.02 0.38 1.00 0.38 0.50 122 89 -0.29 -0.01 18.18 17.00 10/2/2026 No 12 54 None
SPCX Space Exploration Technologies Corp - Class A Options Chain 7.20 7.85 0.38 1.00 0.38 0.65 15 282 -0.30 -0.14 146.23 134.00 10/2/2026 No 5 35 None
AI C3.ai Inc - Class A Options Chain 0.41 0.53 0.19 0.50 0.38 0.76 3 2 -0.27 -0.01 9.93 8.50 10/2/2026 Yes 8 24 None
ADBE Adobe Inc Options Chain 6.80 11.05 1.88 5.00 0.38 0.50 5 11 -0.29 -0.19 264.29 235.00 10/2/2026 Yes 9 54 None
MRVL Marvell Technology Inc Options Chain 12.45 15.25 1.87 5.00 0.37 0.79 17 26 -0.29 -0.26 234.33 210.00 10/2/2026 Yes 10 60 None
AMD Advanced Micro Devices Inc Options Chain 17.40 22.65 1.83 5.00 0.37 0.55 16 17 -0.29 -0.39 515.70 465.00 10/2/2026 No 12 62 None
AVGO Broadcom Inc Options Chain 12.25 14.35 1.82 5.00 0.36 0.47 9 8 -0.29 -0.27 393.52 365.00 10/2/2026 Yes 10 62 None
SMCI Super Micro Computer Inc Options Chain 2.05 2.47 0.36 1.00 0.36 0.74 33 17 -0.30 -0.04 38.28 35.00 10/2/2026 No 15 54 None
MARA MARA Holdings Inc Options Chain 0.44 0.63 0.18 0.50 0.36 0.81 4 26 -0.27 -0.01 9.19 8.50 10/2/2026 No 5 39 None
LUNR Intuitive Machines Inc - Class A Options Chain 1.29 1.74 0.18 0.50 0.36 0.98 17 21 -0.28 -0.03 19.01 18.00 10/2/2026 No 4 36 None
UNH Unitedhealth Group Inc Options Chain 6.70 8.85 1.78 5.00 0.36 0.29 4 1 -0.29 -0.13 401.73 375.00 10/2/2026 No 13 64 None
AMAT Applied Materials Inc Options Chain 19.30 25.20 1.77 5.00 0.35 0.57 5 28 -0.29 -0.42 506.95 490.00 10/2/2026 No 14 63
Dividend Stock List
ORCL Oracle Corp Options Chain 6.45 7.65 1.75 5.00 0.35 0.63 17 130 -0.30 -0.14 146.65 135.00 10/2/2026 Yes 9 66 None
BBWI Bath & Body Works Inc Options Chain 0.80 0.90 0.35 1.00 0.35 0.61 1 1 -0.29 -0.01 19.50 17.00 10/2/2026 Yes 11 40 None
INTC Intel Corp Options Chain 4.75 5.20 0.35 1.00 0.35 0.65 7 4 -0.29 -0.10 103.06 94.00 10/2/2026 No 5 55 None
MO Altria Group Inc Options Chain 0.97 1.52 0.34 1.00 0.34 0.26 10 13 -0.30 -0.02 65.85 61.00 10/2/2026 No 9 66 None
T AT&T Inc Options Chain 0.00 0.53 0.17 0.50 0.34 0.33 1 41 -0.22 0.00 24.68 23.00 10/2/2026 No 15 67 None