
I'm DONE Using Delta For The Wheel Strategy (What I'm Doing Instead)
From Peter Pru | Option Sellers School by Peter Pru
June 8, 2026 · 8 min
About this episode
Peter Pru discusses the limitations of using Delta in options trading and introduces the Return on Collateral calculation for better risk assessment.
🖥️ Register For A Workshop + Free Calculators & Watchlist: 👉 https://onlypeterpru.com/ark-options-workshop?utm_source=pod&utm_id=social 🚨Get Trade Ideas & Market Updates: 👉 https://theweeklywheel.beehiiv.com/ If you are only using Delta to judge your options trades, you are flying blind to the actual risk-to-reward ratio on your capital. In this video, I explain why two trades with identical Deltas can have vastly different risk profiles, and I introduce the "Return on Collateral" calculation that reveals what the market is really saying about your trade
People in this episode
Host: Peter Pru
Topics covered
- options trading
- risk management
- wheel strategy
- Delta
- Return on Collateral
Keywords
- Delta
- options trades
- risk-to-reward ratio
- Return on Collateral
- trade ideas
Mentioned in this episode
Organizations: Weekly Wheel, Ark Options Workshop
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