VERY UNPOPULAR FACT ABOUT DELTA WITH OPTIONS:


It tells you NOTHING about if a contract is likely to expire ITM or OTM.
It’s a fact.
Stop following other retail investors thinking this.
So what does actually matters for what a stock price is going to do & helps us with options?
EPS growth
Revenue growth
Profit margins
Valuation
Moat
Competition
Interest rates
Economy
Does delta factor in those HUGE needle movers?
Not really… no.
So when you use delta & get smoked, it’s because you are looking at something that really tells you nothing about % chance a contract expires ITM.
Go look it up yourself.
You’ll be shocked.
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