ATM straddle for 21-Feb-25 expiration returned a positive 53.9% from the previous business day
The upside wing (25 delta calls) gained 187.5%
Downside put (25 delta puts) lost -60.6%
The option volume for 21-Feb-25 expiration is 30,544
I noticed a lot of bearish pressure coming from the options market on $GME. Check out this order imbalance! -249 K option volume delta. What is option volume delta?
$GME is facing a lot of positive pressure with an imbalance of 591 K. Learn more about net option delta