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
SLS SELLAS Life Sciences Group Inc Options Chain 2.75 3.00 0.78 1.00 0.78 2.13 112 10 -0.29 -0.04 14.16 12.00 10/16/2026 No 10 34 None
SNOW Snowflake Inc - Class A Options Chain 13.70 16.10 4.17 10.00 0.42 0.66 128 234 -0.29 -0.29 305.84 280.00 10/16/2026 Yes 3 54 None
SNDK Sandisk Corp Options Chain 83.30 89.50 8.10 20.00 0.40 0.70 49 90 -0.30 -1.61 1,553.40 1,420.00 10/16/2026 No 3 22 None
RAM Aries I Acquisition Corp - Class A Options Chain 0.80 0.95 0.40 1.00 0.40 1.18 36 22 -0.24 -0.02 12.30 10.00 10/16/2026 No 3 17 None
USAR USA Rare Earth Inc - Class A Options Chain 0.87 1.40 0.40 1.00 0.40 0.85 33 94 -0.29 -0.02 17.29 16.00 10/16/2026 No 3 18 None
UUUU Energy Fuels Inc Options Chain 0.69 0.80 0.39 1.00 0.39 0.70 46 95 -0.29 -0.01 14.22 13.00 10/16/2026 No 4 40 None
SMCI Super Micro Computer Inc Options Chain 1.64 1.68 0.36 1.00 0.36 0.69 75 400 -0.27 -0.04 37.24 33.00 10/16/2026 No 19 57 None
WULF TeraWulf Inc Options Chain 0.76 0.97 0.35 1.00 0.35 0.85 304 113 -0.27 -0.02 14.82 13.00 10/16/2026 No 2 37 None
SNXX Tradr 2X Long SNDK Daily Options Chain 1.35 1.65 0.35 1.00 0.35 1.33 12 5 -0.29 -0.03 13.71 12.00 10/16/2026 No 3 17 None