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Sunnova Energy call volume above normal and directionally bullish

Bullish option flow detected in Sunnova Energy with 6,509 calls trading, 3x expected, and implied vol increasing almost 4 points to 130.56%. Sep-24 8 calls and Aug-24 7 calls are the most active options, with total volume in those strikes near 4,800 contracts. The Put/Call Ratio is 0.40. Earnings are expected on July 31st.

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