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SunPower put volume heavy and directionally bearish
The Fly

SunPower put volume heavy and directionally bearish

Bearish flow noted in SunPower with 7,508 puts trading, or 4x expected. Most active are Mar-23 23 puts and 1/13 weekly 25 calls, with total volume in those strikes near 7,400 contracts. The Put/Call Ratio is 2.68, while ATM IV is up nearly 3 points on the day. Earnings are expected on February 15th.

Published first on TheFly

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