Bearish flow noted in Bloom Energy with 3,050 puts trading, or 3x expected. Most active are Nov-23 11 puts and Nov-23 9 puts, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 6.52, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 8th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on BE:
- Bloom Energy call volume above normal and directionally bullish
- Bloom Energy price target lowered to $20 from $22 at HSBC
- Bloom Energy price target lowered to $19 from $22 at JPMorgan
- Bloom Energy price target lowered to $19 from $32 at KeyBanc
- Buy These Green Hydrogen Stocks, Analyst Says, Forecasting up to 65% Upside