What Is a Volume-Weighted Delta?
Volume Delta measures the difference between aggressive buying and aggressive selling.
Some traders also analyse delta relative to total traded volume.
For example, a positive delta of 1,000 contracts means something different in a market trading 2,000 contracts than in one trading 100,000 contracts.
Relative delta can help compare buying or selling pressure across different activity levels.
Absolute numbers need context. Relative participation can provide additional insight.
Do you compare delta with total volume?
