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 7.70 8.20 0.70 1.00 0.70 2.61 81 6 -0.30 -0.10 23.00 25.00 8/21/2026 No 3 19 None
RIVN Rivian Automotive Inc - Class A Options Chain 0.88 1.37 0.31 0.50 0.62 0.78 2 4 -0.29 -0.02 18.12 16.00 8/28/2026 Yes 6 34 None
RXT Rackspace Technology Inc Options Chain 0.45 0.85 0.30 0.50 0.60 1.89 14 80 -0.24 -0.01 6.58 3.50 8/28/2026 Yes 8 28 None
OTLK Outlook Therapeutics Inc Options Chain 0.55 0.60 0.30 0.50 0.60 3.23 4 36 -0.26 -0.01 1.68 1.50 8/21/2026 Yes 4 24 None
RAM Aries I Acquisition Corp - Class A Options Chain 3.20 3.50 0.55 1.00 0.55 2.02 36 30 -0.28 -0.05 18.79 16.00 8/21/2026 No 3 18 None
UMC United Micro Electronics Options Chain 1.70 2.10 0.55 1.00 0.55 0.96 2 22 -0.29 -0.03 24.73 22.00 8/21/2026 Yes 20 7 None
NTLA Intellia Therapeutics Inc Options Chain 1.05 1.35 0.50 1.00 0.50 1.00 73 38 -0.29 -0.03 15.44 14.00 8/21/2026 Yes 8 37 None
NBIS Nebius Group N.V. - Class A Options Chain 26.20 30.10 2.37 5.00 0.47 1.38 1 1 -0.30 -0.40 216.20 190.00 8/28/2026 No 3 22 None
ONDS Ondas Holdings Inc Options Chain 0.29 1.14 0.23 0.50 0.46 1.05 8 3 -0.30 -0.01 7.54 7.00 8/28/2026 Yes 9 38 None
SIDU Sidus Space Inc - Class A Options Chain 0.30 0.35 0.23 0.50 0.46 1.56 609 6 -0.30 -0.01 2.25 2.00 8/21/2026 Yes 9 25 None
SNDQ Tradr 2X Short SNDK Daily Options Chain 0.45 0.60 0.43 1.00 0.43 2.56 300 50 -0.24 -0.01 2.96 2.00 8/21/2026 No 3 15 None
FLNC Fluence Energy Inc - Class A Options Chain 1.45 1.75 0.42 1.00 0.42 1.33 9 7 -0.27 -0.03 17.26 14.00 8/21/2026 Yes 7 30 None
MXL MaxLinear Inc Options Chain 9.30 10.10 2.05 5.00 0.41 1.40 11 18 -0.26 -0.18 86.50 80.00 8/21/2026 Yes 5 49 None
PENG Penguin Solutions Inc Options Chain 7.20 8.40 2.05 5.00 0.41 1.26 140 217 -0.28 -0.14 78.47 70.00 8/21/2026 No 3 21 None
QCOM Qualcomm Inc Options Chain 8.65 12.00 1.95 5.00 0.39 0.72 3 1 -0.28 -0.18 187.70 170.00 8/28/2026 Yes 14 72 None
SHLS Shoals Technologies Group Inc - Class A Options Chain 0.85 1.00 0.38 1.00 0.38 1.11 14 4 -0.30 -0.02 10.08 9.00 8/21/2026 Yes 12 39 None
VZ Verizon Communications Inc Options Chain 0.29 1.30 0.37 1.00 0.37 0.31 8 2 -0.23 -0.01 42.45 39.00 8/28/2026 Yes 10 64 None
NVDA NVIDIA Corp Options Chain 7.15 7.40 1.80 5.00 0.36 0.45 104 29 -0.30 -0.13 203.62 190.00 8/28/2026 Yes 18 64 None
RZLV Rezolve AI Ltd Options Chain 0.15 0.50 0.18 0.50 0.36 1.43 1 1 -0.25 -0.01 2.62 2.50 8/28/2026 No 3 15 None
VELO Velocity Acquisition Corp - Class A Options Chain 1.50 1.75 0.88 2.50 0.35 1.36 26 7 -0.30 -0.03 13.75 12.50 8/21/2026 Yes 9 33 None
GEO Geo Group Inc Options Chain 1.15 1.55 0.35 1.00 0.35 0.59 6 8 -0.30 -0.03 29.08 28.00 8/21/2026 Yes 9 43 None
NIO NIO Inc Options Chain 0.18 0.36 0.17 0.50 0.34 0.82 10 130 -0.24 -0.01 4.90 4.50 8/28/2026 No 8 -10 None
DGXX Digi Power X Inc (Sub voting) Options Chain 0.40 0.55 0.33 1.00 0.33 1.32 87 3 -0.28 -0.01 4.68 4.00 8/21/2026 No 3 15 None