I noticed a lot of bearish pressure coming from the options market on $HYG. Check out this order imbalance! -126 K option volume delta. What is option volume delta?
$HYG iShares Iboxx $ High Yield Corporate Bond ETF Option Order Flow Sentiment is 83.7% Bearish.
HYG79.64+0.04 (+0.1%)iShares Iboxx $ High Yield Corporate Bond ETF
ATM straddle for 17-Jul-26 expiration returned a negative -62.2% from the previous business day
Downside put (25 delta puts) lost -18.8%
The option volume for 17-Jul-26 expiration is 86,832
Sentiment Alert: HYG Increasing bullish pressure with an imbalance in net option delta of 548 K.
30-Day Downside Put Protection Falls to Lowest Level in 12 months
HYGiShares Iboxx $ High Yield Corporate Bond ETF80.00-0.01 (0.0%)
The cost to protect downside risk fell to 0.2%, the lowest level since Jun 30, 2025 when it was at 0.2%. The 52-Week average is 0.4% and the 52-Week range is 0.2% - 1.1%.
30-Day Downside Put Protection Falls to Lowest Level in 12 months
HYGiShares Iboxx $ High Yield Corporate Bond ETF80.00-0.01 (0.0%)
The cost to protect downside risk fell to 0.2%, the lowest level since Jun 30, 2025 when it was at 0.2%. The 52-Week average is 0.4% and the 52-Week range is 0.2% - 1.1%.
