Utter nonsense.

Let's say everyone goes out and buys a put 10% out the money, that'd be about a -20 delta. The put buyer is short 0.20 deltas per 1.00 option; the writer in size would therefore be long deltas and would have short 1,000 ozt. for every 5,000 ozt. put he writes to be delta neutral.

Everyone buying into this dumb idea would be encouraging the banks who write the puts to push the market down via their hedge. If the price moves down, the puts' delta becomes MORE negative as it gets closer to being at the money. Guess what - the bank needs to sell more of the underlying to remain delta neutral.

This is either bing suggested by an idiot or a bank shill hoping nobody on this sub understands options, and we all buy into this idiocy and screw ourselves.

Nice try, but no banana.