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.
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NBIS | Nebius Group N.V. - Class A | Options Chain | 9.10 | 10.00 | 0.57 | 1.00 | 0.57 | 0.90 | 3 | 29 | -0.30 | -0.16 | 129.85 | 116.00 | 5/1/2026 | No | 3 | 22 | None | |
| OSCR | Oscar Health Inc - Class A | Options Chain | 0.66 | 0.90 | 0.28 | 0.50 | 0.56 | 0.76 | 11 | 20 | -0.29 | -0.01 | 13.28 | 12.00 | 5/1/2026 | No | 8 | 35 | None | |
| CIFR | Cipher Mining Inc | Options Chain | 1.06 | 1.50 | 0.24 | 0.50 | 0.48 | 1.11 | 24 | 2 | -0.28 | -0.02 | 14.08 | 13.00 | 5/1/2026 | No | 4 | 48 | None | |
| INTC | Intel Corp | Options Chain | 1.86 | 2.64 | 0.45 | 1.00 | 0.45 | 0.70 | 5 | 37 | -0.28 | -0.05 | 45.71 | 41.00 | 5/1/2026 | Yes | 5 | 51 | None | |
| MU | Micron Technology Inc | Options Chain | 24.75 | 27.65 | 2.12 | 5.00 | 0.42 | 0.76 | 15 | 7 | -0.30 | -0.48 | 441.80 | 400.00 | 5/1/2026 | Yes | 11 | 64 | None | |
| POET | POET Technologies Inc | Options Chain | 0.38 | 0.76 | 0.21 | 0.50 | 0.42 | 1.07 | 1 | 1 | -0.28 | -0.01 | 6.86 | 6.00 | 5/1/2026 | Yes | 8 | 31 | None | |
| SMR | Options Chain | 0.77 | 1.03 | 0.20 | 0.50 | 0.40 | 0.99 | 3 | 2 | -0.28 | -0.02 | 11.97 | 10.50 | 5/1/2026 | No | 3 | 17 | None | ||
| KLAR | Klarna Group plc | Options Chain | 0.75 | 1.30 | 0.38 | 1.00 | 0.38 | 0.96 | 66 | 62 | -0.27 | -0.02 | 15.76 | 13.00 | 5/1/2026 | No | 3 | 18 | None | |
| UNH | Unitedhealth Group Inc | Options Chain | 8.30 | 9.90 | 1.87 | 5.00 | 0.37 | 0.46 | 2 | 11 | -0.29 | -0.20 | 285.49 | 265.00 | 5/1/2026 | Yes | 8 | 58 | None | |
| RDDT | Reddit Inc - Class A | Options Chain | 7.80 | 9.25 | 1.83 | 5.00 | 0.37 | 0.79 | 1 | 1 | -0.30 | -0.14 | 140.00 | 125.00 | 5/1/2026 | Yes | 13 | 45 | None | |
| SNOW | Snowflake Inc - Class A | Options Chain | 6.35 | 7.70 | 1.80 | 5.00 | 0.36 | 0.56 | 41 | 2 | -0.29 | -0.14 | 174.40 | 160.00 | 5/1/2026 | No | 3 | 53 | None | |
| ONDS | Ondas Holdings Inc | Options Chain | 0.86 | 0.98 | 0.18 | 0.50 | 0.36 | 1.16 | 71 | 40 | -0.28 | -0.02 | 10.53 | 9.00 | 5/1/2026 | Yes | 7 | 38 | None | |
| ACHR | Archer Aviation Inc - Class A | Options Chain | 0.32 | 0.43 | 0.17 | 0.50 | 0.34 | 0.80 | 21 | 4 | -0.29 | -0.01 | 6.03 | 5.50 | 5/1/2026 | No | 7 | 37 | None |