Bearish flow noted in SunPower with 11,999 puts trading, or 7x expected. Most active are 8/11 weekly 8 puts and Aug-23 7.5 puts, with total volume in those strikes near 10,200 contracts. The Put/Call Ratio is 5.16, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 7th.
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