Bearish flow noted in Sunnova Energy with 3,591 puts trading, or 1.9x expected. Most active are Jan-25 2.5 puts and Jan-25 7.5 puts, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 1.53, while ATM IV is up nearly 2 points on the day. Earnings are expected on April 24th.
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