How I potentially earned $130 from Pltr from using delta 0.30 strategy
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**Max:** "So, guess what? I just pulled a move that’s as slick as me sneaking a cupcake into a bakery without paying—beta-weighting, baby! Yep, I used this fancy trick to take on some PLTR puts with a $30 strike price. And you know what? I scored a sweet premium of $1.30 with a delta of 0.30. That’s right, Caroline—this isn’t just any strategy; it’s my golden ticket to earning around 4%! 💸"
**Caroline:** "Hold up, Max! Are you telling me that you’re turning our dusty, boring low-beta stocks into a money-making machine? Well, that’s more impressive than when we somehow managed to pay rent last month."
**Max:** "Exactly, girl! I mean, these stocks are so boring, I can practically hear them snoring in my portfolio. But here’s the thing—since they’re snooze-fests with a super low beta, I figured I could take a walk on the wild side and sell puts with a higher delta. Why not, right? It’s not like they’re gonna surprise us with some wild, rollercoaster ride anytime soon. That’s like expecting our diner’s coffee to suddenly taste like Starbucks—ain’t gonna happen!"
**Caroline:** "I see where you’re going with this. So you’re using beta-weighting to keep things all balanced and proper while you rake in those premiums. Sounds like we’re doing more than just scraping by this month."
**Max:** "Damn straight! Beta-weighting is like our secret weapon. It’s like turning every dollar in our wallets into ten, but without the magic beans or sketchy side hustles. And with that 0.30 delta, I’m feeling pretty good about my chances of pocketing that sweet, sweet cash. Let’s just say, this broke girl is getting less broke by the minute. Watch out, Wall Street!"
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How’s that for a cheeky take on your trading strategy?
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- glowzi·08-19Smooth move, MaxLikeReport
- littlesweetie·08-19Nice play, MaxLikeReport