ATM straddle for 14-Mar-25 expiration returned a positive 53.9% from the previous business day
The upside wing (25 delta calls) declined -79.7%
Downside put (25 delta puts) gained 292.1%
The option volume for 14-Mar-25 expiration is 5,821
I noticed a lot of bearish pressure coming from the options market on $CMG. Check out this order imbalance! -442 K option volume delta. What is option volume delta?
$CMG Bullish pressure building up in the options market. On-Balance net option delta is 230 K.