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
LQDA Liquidia Corp Options Chain 3.70 4.30 1.20 2.50 0.48 1.21 20 1 -0.28 -0.05 29.11 25.00 1/16/2026 No 5 41 None
QBTS D-Wave Quantum Inc Options Chain 1.60 1.73 0.44 1.00 0.44 1.04 440 212 -0.26 -0.03 20.41 18.00 1/16/2026 No 6 29 None
RKLB Rocket Lab USA Inc Options Chain 2.80 3.05 0.42 1.00 0.42 0.95 14 9 -0.30 -0.05 40.30 36.00 1/16/2026 No 4 44 None
MRNA Moderna Inc Options Chain 0.99 1.34 0.41 1.00 0.41 0.68 2 7 -0.27 -0.02 23.72 21.00 1/16/2026 No 12 48 None
IREN Iris Energy Ltd Options Chain 4.30 4.60 0.40 1.00 0.40 1.26 3 1 -0.30 -0.07 42.26 37.00 1/16/2026 Yes 10 35 None
MSTR Microstrategy Inc - Class A Options Chain 13.10 13.65 0.75 2.00 0.38 0.92 15 151 -0.30 -0.20 170.50 152.00 1/16/2026 No 6 83 None
QUBT Quantum Computing Inc Options Chain 0.85 0.95 0.35 1.00 0.35 1.07 267 33 -0.27 -0.01 10.20 9.00 1/16/2026 No 8 34 None
SOUN Options Chain 0.75 0.82 0.35 1.00 0.35 0.91 17 2 -0.27 -0.01 11.27 10.00 1/16/2026 No 3 17 None
SMCI Super Micro Computer Inc Options Chain 1.83 1.97 0.34 1.00 0.34 0.76 15 4 -0.29 -0.03 32.41 29.00 1/16/2026 No 12 51 None
ONDS Ondas Holdings Inc Options Chain 0.60 0.70 0.17 0.50 0.34 1.36 8 15 -0.26 -0.01 6.74 6.00 1/16/2026 No 8 27 None
NBIS Nebius Group N.V. - Class A Options Chain 6.30 7.00 1.70 5.00 0.34 1.00 5 37 -0.25 -0.11 83.26 75.00 1/16/2026 No 3 21 None