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
BABA Alibaba Group Holding Ltd Options Chain 4.45 6.50 1.48 2.50 0.59 0.47 8 2 -0.28 -0.13 168.67 165.00 3/6/2026 Yes 15 67 None
APP Applovin Corp - Class A Options Chain 26.40 32.40 2.65 5.00 0.53 0.77 1 58 -0.29 -0.57 532.56 470.00 3/6/2026 Yes 7 57 None
ADBE Adobe Inc Options Chain 2.46 10.05 2.44 5.00 0.49 0.31 20 3 -0.29 -0.15 294.23 285.00 3/6/2026 No 11 63 None
HIMS Hims & Hers Health Inc - Class A Options Chain 1.39 2.27 0.47 1.00 0.47 0.90 12 2 -0.27 -0.04 28.89 26.00 3/6/2026 Yes 10 43 None
NFLX Netflix Inc Options Chain 0.88 2.25 0.42 1.00 0.42 0.25 24 44 -0.28 -0.05 85.60 79.00 3/6/2026 No 6 55 None
TSM Taiwan Semiconductor Manufacturing Options Chain 7.20 9.50 2.00 5.00 0.40 0.35 11 25 -0.30 -0.20 326.12 315.00 3/6/2026 No 20 62
Dividend Stock List
SNDK Sandisk Corp Options Chain 38.50 42.30 1.95 5.00 0.39 1.07 1 2 -0.30 -0.76 501.29 435.00 3/6/2026 No 3 22 None
GME Gamestop Corporation - Class A Options Chain 0.68 0.97 0.19 0.50 0.38 0.46 22 20 -0.30 -0.02 21.69 22.00 3/6/2026 No 16 41 None
SHOP Shopify Inc - Class A Options Chain 5.05 6.15 1.72 5.00 0.34 0.62 2 1 -0.27 -0.13 138.54 125.00 3/6/2026 Yes 10 56 None
AMD Advanced Micro Devices Inc Options Chain 10.45 10.75 1.72 5.00 0.34 0.57 5 3 -0.30 -0.22 249.80 235.00 3/6/2026 Yes 11 61 None
UNH Unitedhealth Group Inc Options Chain 6.60 11.95 1.70 5.00 0.34 0.37 3 6 -0.30 -0.20 347.75 335.00 3/6/2026 Yes 13 67 None
MSTR Microstrategy Inc - Class A Options Chain 6.20 8.35 1.68 5.00 0.34 0.67 3 3 -0.27 -0.17 163.81 145.00 3/6/2026 Yes 7 79 None