Submitted by moonyou22 t3_11dfyy3 in wallstreetbets
Youngerdiogenes t1_jacq8l3 wrote
Reply to comment by viperex in and I wouldn't change this system for the world. by moonyou22
The DTE really depends on you and how much time you have to manage your position.
The delta depends on the stock and your strategy.
.30+ delta is for people who snort cocaine amd share needles.
.20 delta is for people who appear normal but wear womens underwear to big meetings because it makes them feel powerful.
Anything less than .20 is for people who idolize Warren buffet and think pepper is too spicy.
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