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
LYFT Lyft Inc Cls A Options Chain 0.63 1.41 0.49 0.50 0.98 0.99 5 5 -0.27 -0.02 13.41 12.00 2/28/2025 Yes 8 36 None
ABNB Airbnb Inc - Class A Options Chain 3.65 3.90 0.86 1.00 0.86 0.41 2 1 -0.29 -0.09 135.12 127.00 2/28/2025 Yes 12 53 None
RCAT Red Cat Holdings Inc Options Chain 0.75 1.40 0.78 1.00 0.78 1.71 49 31 -0.26 -0.01 8.55 7.00 2/28/2025 No 7 31 None
CLSK Cleanspark Inc Options Chain 0.85 1.27 0.35 0.50 0.70 1.11 23 48 -0.30 -0.02 11.87 10.50 2/28/2025 Yes 7 40 None
QBTS D-Wave Quantum Inc Options Chain 0.65 0.90 0.33 0.50 0.66 1.56 19 18 -0.29 -0.01 5.27 4.50 2/28/2025 No 5 23 None
DJT Trump Media & Technology Group Corp Options Chain 2.80 3.10 0.61 1.00 0.61 1.01 12 18 -0.29 -0.06 40.03 35.00 2/28/2025 No 3 20 None
AI C3.ai Inc - Class A Options Chain 1.15 1.84 0.56 1.00 0.56 0.67 6 1 -0.28 -0.03 32.01 29.00 2/28/2025 Yes 8 43 None
QUBT Quantum Computing Inc Options Chain 1.40 1.65 0.25 0.50 0.50 1.91 14 14 -0.29 -0.02 9.83 8.00 2/28/2025 No 6 28 None
RGTI Options Chain 1.45 1.55 0.25 0.50 0.50 1.72 5 123 -0.30 -0.02 9.83 8.50 2/28/2025 No 3 16 None
MSTR Microstrategy Inc - Class A Options Chain 32.05 34.25 2.40 5.00 0.48 1.09 53 111 -0.29 -0.62 396.50 350.00 2/28/2025 Yes 4 54 None
HIMS Hims & Hers Health Inc - Class A Options Chain 1.98 2.26 0.24 0.50 0.48 0.96 20 32 -0.30 -0.04 27.85 25.00 2/28/2025 Yes 11 45 None
GME Gamestop Corporation - Class A Options Chain 1.45 1.64 0.46 1.00 0.46 0.80 24 11 -0.28 -0.04 27.51 25.00 2/28/2025 No 13 31 None
EOSE Eos Energy Enterprises Inc - Class A Options Chain 0.32 0.39 0.23 0.50 0.46 1.05 13 30 -0.25 -0.01 6.02 5.00 2/28/2025 No 5 28 None
COIN Coinbase Global Inc - Class A Options Chain 15.70 17.45 2.20 5.00 0.44 0.79 13 21 -0.29 -0.34 295.48 265.00 2/28/2025 Yes 12 58 None
DKNG DraftKings Inc - Class A Options Chain 1.12 1.23 0.44 1.00 0.44 0.50 1 4 -0.26 -0.03 39.29 36.00 2/28/2025 Yes 4 47 None
BMY Bristol-Myers Squibb Company Options Chain 0.95 1.01 0.42 1.00 0.42 0.26 7 2 -0.28 -0.03 56.29 54.00 2/28/2025 Yes 9 57 None
SOFI SoFi Technologies Inc Options Chain 0.87 0.89 0.21 0.50 0.42 0.72 420 101 -0.30 -0.02 16.50 15.00 2/28/2025 Yes 6 42 None
MS Morgan Stanley Options Chain 1.80 2.17 0.40 1.00 0.40 0.23 20 2 -0.28 -0.04 137.87 132.00 2/28/2025 No 12 75 None
DDOG Datadog Inc - Class A Options Chain 4.05 4.40 0.40 1.00 0.40 0.44 1 1 -0.30 -0.10 138.40 130.00 2/28/2025 Yes 10 48 None
RIOT Riot Platforms Inc Options Chain 0.92 1.04 0.20 0.50 0.40 1.07 111 10 -0.27 -0.02 13.39 11.50 2/28/2025 Yes 14 40 None
MARA Marathon Digital Holdings Inc Options Chain 1.38 1.44 0.20 0.50 0.40 0.98 79 70 -0.28 -0.03 19.91 17.50 2/28/2025 Yes 14 44 None
SMCI Super Micro Computer Inc Options Chain 2.65 2.75 0.39 1.00 0.39 1.13 17 42 -0.29 -0.05 30.82 27.00 2/28/2025 Yes 17 52 None
RKLB Rocket Lab USA Inc Options Chain 1.37 1.71 0.38 1.00 0.38 0.99 110 44 -0.28 -0.04 24.00 21.00 2/28/2025 No 6 40 None
IONQ IonQ Inc Options Chain 4.40 4.95 0.38 1.00 0.38 1.41 4 15 -0.30 -0.08 38.89 34.00 2/28/2025 Yes 7 43 None
NVDA NVIDIA Corp Options Chain 4.65 4.90 0.38 1.00 0.38 0.48 126 96 -0.30 -0.10 137.71 129.00 2/28/2025 Yes 17 60 None
WBD Options Chain 0.40 0.48 0.19 0.50 0.38 0.61 65 9 -0.28 -0.01 9.52 9.00 2/28/2025 No 3 16 None
RDDT Reddit Inc - Class A Options Chain 8.90 9.90 1.88 5.00 0.38 0.81 37 1 -0.27 -0.20 175.33 155.00 2/28/2025 No 8 37 None
LLY Lilly(Eli) & Company Options Chain 15.25 17.10 1.88 5.00 0.38 0.33 1 2 -0.30 -0.37 725.72 690.00 2/28/2025 Yes 9 65 None
VZ Verizon Communications Inc Options Chain 0.42 0.62 0.37 1.00 0.37 0.23 33 8 -0.24 -0.01 38.78 37.00 2/28/2025 Yes 10 64 None
HOOD Robinhood Markets Inc - Class A Options Chain 2.44 2.88 0.36 1.00 0.36 0.73 37 29 -0.30 -0.05 48.15 44.00 2/28/2025 Yes 11 55 None
WOLF Wolfspeed Inc Options Chain 0.50 0.60 0.18 0.50 0.36 1.43 2 5 -0.25 -0.01 6.28 5.00 2/28/2025 Yes 8 35 None
AMC AMC Entertainment Holdings Inc - Class A Options Chain 0.22 0.29 0.18 0.50 0.36 1.09 4 15 -0.26 -0.01 3.50 3.00 2/28/2025 Yes 9 27 None
SNAP Snap Inc - Class A Options Chain 0.57 0.61 0.18 0.50 0.36 0.85 12 14 -0.27 -0.01 10.86 9.50 2/28/2025 Yes 7 35 None
CLF Cleveland-Cliffs Inc Options Chain 0.45 0.50 0.18 0.50 0.36 0.61 22 4 -0.30 -0.01 10.27 9.50 2/28/2025 Yes 6 42 None
VST Vistra Corp Options Chain 7.20 8.05 0.88 2.50 0.35 0.61 1 17 -0.30 -0.16 170.86 157.50 2/28/2025 Yes 10 63 None
TSLA Tesla Inc Options Chain 19.20 20.30 1.75 5.00 0.35 0.65 110 184 -0.29 -0.40 426.50 390.00 2/28/2025 Yes 10 60 None
ZIM Zim Integrated Shipping Services Ltd Options Chain 0.72 0.99 0.35 1.00 0.35 0.79 11 124 -0.26 -0.02 16.60 15.00 2/28/2025 No 18 57 None
UBER Uber Technologies Inc Options Chain 1.75 1.85 0.35 1.00 0.35 0.42 29 41 -0.28 -0.04 67.34 63.00 2/28/2025 Yes 11 57 None
UAL United Airlines Holdings Inc Options Chain 4.00 4.25 0.35 1.00 0.35 0.56 2 1 -0.29 -0.09 107.38 99.00 2/28/2025 Yes 12 68 None
AMD Advanced Micro Devices Inc Options Chain 3.85 4.00 0.35 1.00 0.35 0.46 30 18 -0.30 -0.09 121.46 114.00 2/28/2025 Yes 10 54 None
ANET Arista Networks Inc Options Chain 4.00 4.20 0.35 1.00 0.35 0.49 2 1 -0.30 -0.09 119.95 112.00 2/28/2025 Yes 11 63 None
CVNA Carvana Co. - Class A Options Chain 12.35 13.00 1.73 5.00 0.35 0.80 106 81 -0.28 -0.27 230.49 205.00 2/28/2025 Yes 7 44 None
CCJ Cameco Corp Options Chain 1.60 1.73 0.34 1.00 0.34 0.48 1 6 -0.28 -0.04 51.63 48.00 2/28/2025 Yes 10 56 None
CCL Carnival Corp (Paired Stock) Options Chain 0.62 0.67 0.17 0.50 0.34 0.36 5 2 -0.30 -0.01 25.85 24.50 2/28/2025 No 12 60 None
PYPL PayPal Holdings Inc Options Chain 2.30 2.81 0.33 1.00 0.33 0.41 11 15 -0.29 -0.06 91.81 86.00 2/28/2025 Yes 12 58 None
NVO Novo Nordisk Options Chain 2.04 2.38 0.33 1.00 0.33 0.41 4 43 -0.29 -0.05 78.69 74.00 2/28/2025 Yes 15 69 None
MRNA Moderna Inc Options Chain 1.52 1.60 0.33 1.00 0.33 0.65 1 9 -0.29 -0.03 34.06 31.00 2/28/2025 Yes 11 47 None