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Sunnova Energy put volume heavy and directionally bearish
The Fly

Sunnova Energy put volume heavy and directionally bearish

Bearish flow noted in Sunnova Energy with 15,716 puts trading, or 6x expected. Most active are Feb-24 10 calls and Mar-24 12 puts, with total volume in those strikes near 10,600 contracts. The Put/Call Ratio is 2.10, while ATM IV is up nearly 11 points on the day. Earnings are expected on February 21st.

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