ATM straddle for 24-Aug-26 expiration returned a positive 55.7% from the previous business day
The upside wing (25 delta calls) declined -84.4%
Downside put (25 delta puts) gained 280.5%
The company has the following event: VMware Explore 2026 on Aug 31, 2026.
The option volume for 24-Aug-26 expiration is 2,759
$AVGO negative imbalance of -339 K option volume delta...indicating traderes are more bearish on the stock
I noticed a lot of bearish pressure coming from the options market on $AVGO. Check out this order imbalance! -403 K option volume delta. What is option volume delta?