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Bloom Energy call volume above normal and directionally bullish

Bullish option flow detected in Bloom Energy with 2,941 calls trading, 1.8x expected, and implied vol increasing over 4 points to 59.76%. Jun-24 25 calls and Jul-23 19 calls are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.04. Earnings are expected on August 8th.

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Published first on TheFly

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