Bullish option flow detected in SolarEdge with 6,790 calls trading, 1.1x expected, and implied vol increasing over 5 points to 103.54%. 5/10 weekly 68 calls and May-24 65 calls are the most active options, with total volume in those strikes near 3,500 contracts. The Put/Call Ratio is 0.40. Earnings are expected on May 8th.
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>>
Read More on SEDG:
- SolarEdge price target lowered to $72 from $90 at Scotiabank
- Biden’s Earth Day Surprise Adds a Little Sunshine to Solar Panel Stocks
- SolarEdge price target lowered to $124 from $133 at B. Riley
- SolarEdge put volume heavy and directionally bearish
- SolarEdge price target lowered to $104 from $106 at Mizuho