ATM straddle for 07-Mar-25 expiration returned a positive 50.5% from the previous business day
The upside wing (25 delta calls) declined -88.7%
Downside put (25 delta puts) gained 281.7%
The company has the following event: Morgan Stanley Technology, Media, and Telecom Conference on Mar 4, 2025.
The option volume for 07-Mar-25 expiration is 8,492
I noticed a lot of bearish pressure coming from the options market on $DIS. Check out this order imbalance! -350 K option volume delta. What is option volume delta?
Bearish play with a target stock price of $105
Strategy has +371% upside potential and 37% undervalued