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
SNXX Tradr 2X Long SNDK Daily Options Chain 4.40 4.50 0.65 1.00 0.65 2.73 213 96 -0.30 -0.06 19.30 14.00 8/21/2026 No 3 18 None
SNDK Sandisk Corp Options Chain 184.50 193.90 5.55 10.00 0.55 1.42 11 1 -0.30 -2.92 1,615.00 1,280.00 8/28/2026 No 3 22 None
RAM Aries I Acquisition Corp - Class A Options Chain 1.85 2.10 0.55 1.00 0.55 2.04 186 187 -0.27 -0.04 14.59 10.00 8/21/2026 No 3 17 None
PLTR Palantir Technologies Inc - Class A Options Chain 5.90 6.90 0.55 1.00 0.55 0.64 1 18 -0.30 -0.13 133.76 123.00 8/28/2026 Yes 12 53 None
T AT&T Inc Options Chain 0.27 0.54 0.27 0.50 0.54 0.33 1 1 -0.24 -0.01 21.28 20.50 8/28/2026 Yes 13 70 None
OTLK Outlook Therapeutics Inc Options Chain 0.55 0.65 0.27 0.50 0.54 3.47 124 246 -0.29 -0.01 1.56 1.50 8/21/2026 Yes 4 24 None
BE Bloom Energy Corp - Class A Options Chain 26.20 29.95 2.58 5.00 0.52 1.58 9 47 -0.30 -0.47 239.38 180.00 8/28/2026 Yes 4 52 None
CMPS Compass Pathways Plc Options Chain 0.95 1.40 0.50 1.00 0.50 1.20 1047 17 -0.27 -0.03 14.50 11.00 8/21/2026 Yes 10 40 None
HIMS Hims & Hers Health Inc - Class A Options Chain 2.41 3.00 0.46 1.00 0.46 1.03 16 13 -0.28 -0.05 37.17 30.00 8/28/2026 Yes 6 40 None
TE T1 Energy Inc Options Chain 0.60 0.75 0.23 0.50 0.46 1.44 3 2 -0.28 -0.01 6.66 5.00 8/28/2026 No 3 16 None
MXL MaxLinear Inc Options Chain 8.00 8.60 2.30 5.00 0.46 1.47 70 44 -0.29 -0.17 88.84 65.00 8/21/2026 Yes 5 49 None
GOOG Alphabet Inc - Class C Options Chain 13.55 14.60 2.25 5.00 0.45 0.37 20 10 -0.28 -0.21 370.21 350.00 8/28/2026 Yes 13 70 None
CIFR Cipher Mining Inc Options Chain 1.58 1.92 0.44 1.00 0.44 1.16 54 13 -0.30 -0.03 19.87 16.00 8/28/2026 Yes 4 39 None
RXT Rackspace Technology Inc Options Chain 0.50 0.70 0.22 0.50 0.44 1.78 2 10 -0.28 -0.01 4.45 3.50 8/28/2026 Yes 8 26 None
SMCI Super Micro Computer Inc Options Chain 1.69 1.95 0.43 1.00 0.43 0.98 8 26 -0.28 -0.04 26.89 22.00 8/28/2026 Yes 14 54 None
YSS York Space Systems Inc Options Chain 1.50 1.90 1.07 2.50 0.43 1.35 79 486 -0.29 -0.03 19.27 15.00 8/21/2026 No 3 16 None
WYFI Whitefiber Inc Options Chain 2.50 2.75 1.05 2.50 0.42 1.40 209 111 -0.28 -0.06 29.18 22.50 8/21/2026 No 3 19 None
METC Ramaco Resources Inc - Class A Options Chain 0.80 1.10 0.42 1.00 0.42 1.01 2 5 -0.29 -0.02 12.80 11.00 8/21/2026 Yes 7 42 None
NBIS Nebius Group N.V. - Class A Options Chain 20.55 22.40 2.00 5.00 0.40 1.49 44 29 -0.29 -0.37 199.51 150.00 8/28/2026 No 3 22 None
FIGR Figure Technology Solutions Inc - Class A Options Chain 1.75 2.10 0.40 1.00 0.40 0.91 4 4 -0.27 -0.04 30.93 27.00 8/28/2026 No 3 20 None
KLAC KLA Corp Options Chain 13.20 13.90 0.40 1.00 0.40 0.92 1 7 -0.30 -0.32 224.50 196.00 8/21/2026 Yes 11 60 None
XYZ Block Inc - Class A Options Chain 3.05 3.40 0.40 1.00 0.40 0.55 26 7 -0.30 -0.07 81.81 75.00 8/28/2026 Yes 11 57 None
HL Hecla Mining Company Options Chain 0.64 0.85 0.20 0.50 0.40 0.74 2 1 -0.28 -0.02 15.46 13.00 8/28/2026 Yes 12 48 None
AAOI Applied Optoelectronics Inc Options Chain 10.00 11.40 1.90 5.00 0.38 1.38 2 22 -0.28 -0.20 109.09 85.00 8/28/2026 Yes 8 43 None
DELL Dell Technologies Inc - Class C Options Chain 23.45 25.85 1.90 5.00 0.38 0.83 49 7 -0.29 -0.49 412.68 355.00 8/28/2026 Yes 14 57 None
SNDQ Tradr 2X Short SNDK Daily Options Chain 0.65 0.80 0.38 1.00 0.38 2.67 1536 27 -0.26 -0.01 3.13 3.00 8/21/2026 No 3 15 None
FLNC Fluence Energy Inc - Class A Options Chain 1.25 1.40 0.38 1.00 0.38 1.38 88 27 -0.28 -0.03 15.37 12.00 8/21/2026 Yes 7 30 None
GRPN Groupon Inc Options Chain 1.85 2.30 0.38 1.00 0.38 1.14 12 1 -0.28 -0.04 25.98 24.00 8/21/2026 Yes 6 31 None
UMC United Micro Electronics Options Chain 1.50 1.65 0.38 1.00 0.38 0.97 22 16 -0.29 -0.03 24.92 20.00 8/21/2026 Yes 20 7 None
MRVL Marvell Technology Inc Options Chain 13.50 14.75 1.88 5.00 0.38 1.00 18 233 -0.29 -0.27 206.26 165.00 8/28/2026 Yes 13 62 None
PSNL Personalis Inc Options Chain 0.00 2.65 0.93 2.50 0.37 2.48 1 17 -0.20 -0.04 15.79 12.50 8/21/2026 Yes 10 39 None
QBTS D-Wave Quantum Inc Options Chain 1.11 1.30 0.37 1.00 0.37 0.98 63 12 -0.28 -0.02 18.27 15.00 8/28/2026 Yes 6 39 None
C Citigroup Inc Options Chain 2.66 3.10 0.37 1.00 0.37 0.32 51 3 -0.29 -0.06 134.89 125.00 8/28/2026 No 14 77 None
CRWD Crowdstrike Holdings Inc - Class A Options Chain 8.10 11.55 1.80 5.00 0.36 0.67 52 4 -0.29 -0.19 206.77 185.00 8/28/2026 Yes 7 40 None
NNE Nano Nuclear Energy Inc Options Chain 1.15 1.30 0.18 0.50 0.36 1.04 24 1 -0.30 -0.02 17.87 14.00 8/28/2026 No 3 18 None
ARM Options Chain 19.00 20.25 1.75 5.00 0.35 1.02 15 6 -0.29 -0.38 277.01 225.00 8/28/2026 No 3 22 None
ORCL Oracle Corp Options Chain 5.55 6.10 1.75 5.00 0.35 0.62 74 83 -0.29 -0.12 132.49 115.00 8/28/2026 No 10 70 None
NFLX Netflix Inc Options Chain 2.39 2.49 0.35 1.00 0.35 0.47 10 436 -0.28 -0.05 73.68 69.00 8/28/2026 Yes 7 56 None
BABA Alibaba Group Holding Ltd Options Chain 3.65 4.05 0.35 1.00 0.35 0.47 17 1 -0.29 -0.09 117.69 110.00 8/28/2026 No 14 26 None
CSCO Cisco Systems Inc Options Chain 3.50 4.10 0.35 1.00 0.35 0.49 4 62 -0.29 -0.08 112.18 101.00 8/28/2026 Yes 9 62 None
OXY Occidental Petroleum Corp Options Chain 1.31 1.73 0.34 1.00 0.34 0.39 1 2 -0.30 -0.03 53.77 51.00 8/28/2026 Yes 9 53 None
QS QuantumScape Corp - Class A Options Chain 0.34 0.43 0.17 0.50 0.34 1.01 19 1 -0.26 -0.01 6.43 5.00 8/28/2026 Yes 10 29 None
RIVN Rivian Automotive Inc - Class A Options Chain 0.78 0.91 0.17 0.50 0.34 0.74 11 8 -0.28 -0.02 17.80 15.00 8/28/2026 Yes 7 34 None
SOFI SoFi Technologies Inc Options Chain 0.80 0.90 0.17 0.50 0.34 0.67 45 57 -0.29 -0.02 17.87 16.00 8/28/2026 Yes 11 50 None
PFE Pfizer Inc Options Chain 0.42 0.51 0.17 0.50 0.34 0.23 16 10 -0.29 0.00 24.82 24.00 8/28/2026 Yes 8 64 None
PENG Penguin Solutions Inc Options Chain 4.90 5.30 1.70 5.00 0.34 1.26 69 46 -0.26 -0.12 72.85 55.00 8/21/2026 No 3 21 None
SPCX Space Exploration Technologies Corp - Class A Options Chain 8.10 8.50 1.70 5.00 0.34 0.89 36 150 -0.26 -0.15 135.27 115.00 8/28/2026 No 3 33 None
UNH Unitedhealth Group Inc Options Chain 7.85 8.95 1.70 5.00 0.34 0.30 16 8 -0.27 -0.21 418.52 410.00 8/28/2026 Yes 10 58 None
BLZE Backblaze Inc - Class A Options Chain 1.25 1.50 0.85 2.50 0.34 1.24 2 5 -0.30 -0.03 14.98 12.50 8/21/2026 Yes 8 39 None
IREN Iris Energy Ltd Options Chain 3.30 3.65 1.69 5.00 0.34 1.32 165 49 -0.29 -0.07 38.28 30.00 8/28/2026 Yes 9 42 None