ATM straddle for 25-Sep-26 expiration returned a positive 70.1% from the previous business day
The upside wing (25 delta calls) declined -79.2%
Downside put (25 delta puts) gained 407.9%
The option volume for 25-Sep-26 expiration is 39,399
I noticed a lot of bearish pressure coming from the options market on $NFLX. Check out this order imbalance! -123 K option volume delta. What is option volume delta?
Sentiment Alert: NFLX Increasing bullish pressure with an imbalance in net option delta of 132 K.
$NFLX Bearish pressure building up in the options market. On-Balance net option delta is -315 K.
Bearish play with a target stock price of $70
Strategy has +199% upside potential and 23% undervalued
