I noticed a lot of bullish pressure coming from the options market on $COIN. Check out this order imbalance! 175 K option volume delta. What is option volume delta?
COIN184.12+22.09 (+13.6%)Coinbase Global - 3Class A
ATM straddle for 06-Mar-26 expiration returned a positive 51.1% from the previous business day
The upside wing (25 delta calls) gained 379.9%
Downside put (25 delta puts) lost -74.3%
The company has the following event: Morgan Stanley Technology, Media, and Telecom Conference on Mar 3, 2026.
The option volume for 06-Mar-26 expiration is 47,503
