Sentiment Alert: QQQ Increasing bearish pressure with an imbalance in net option delta of -600 K.
$QQQ Bullish pressure building up in the options market. On-Balance net option delta is 2.0 M.
Bullish play with a target stock price of $730 or above
Strategy has +36% upside potential and 6% overvalued
$QQQ Invesco QQQ Trust Option Order Flow Sentiment is 50.9% Bullish.
Sentiment Alert: QQQ Increasing bullish pressure with an imbalance in net option delta of 433 K.
I noticed a lot of bullish pressure coming from the options market on $QQQ. Check out this order imbalance! 875 K option volume delta. What is option volume delta?