Bullish option flow detected in SunPower with 11,222 calls trading, 5x expected, and implied vol increasing over 1 point to 68.64%. 4/6 weekly 13 calls and 3/31 weekly 13 calls are the most active options, with total volume in those strikes near 4,900 contracts. The Put/Call Ratio is 0.13. Earnings are expected on May 4th.
Published first on TheFly
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