tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Moderately bullish activity in Bloom Energy with shares up 3.25%

Moderately bullish activity in Bloom Energy (BE), with shares up $2.81, or 3.25%, near $89.47. Options volume relatively light with 8476 contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.56. Implied volatility (IV30) is higher by 4.7 points near 129.47, in the highest 10% of observations over the past year, suggesting an expected daily move of $7.30. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Hold at HSBC.Looking ahead: Bloom Energy (BE) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% 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>>

Disclaimer & DisclosureReport an Issue

1