Iâve been trading long stock and long puts to make my stock holdings delta neutral. Of course with the market getting hammered Iâve had some really good returns. For example I hold GE and as my GE falls my puts rise and I have to either sell puts or buy more stock. I usually sell my entire position of puts and buy lower strike put as the lower strike puts become ATM. What is better selling the puts or buying more stock? The stock commission is cheaper but the puts have done extremely well for me.