ATM straddle for 09-Feb-24 expiration returned a positive 83.6% from the previous business day
The upside wing (25 delta calls) declined -89.7%
Downside put (25 delta puts) gained 452.9%
The option volume for 09-Feb-24 expiration is 4,530
I noticed a lot of bearish pressure coming from the options market on $AA. Check out this order imbalance! -260 K option volume delta. What is option volume delta?