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Sunnova Energy call volume above normal and directionally bullish

Bullish option flow detected in Sunnova Energy with 3,600 calls trading, 4x expected, and implied vol increasing over 1 point to 87.96%. Jan-24 11 calls and Jul-24 12.5 calls are the most active options, with total volume in those strikes near 2,500 contracts. The Put/Call Ratio is 0.17. Earnings are expected on February 21st.

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