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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 3x expected. Most active are 10/27 weekly 5 puts and Dec-23 4 puts, with total volume in those strikes near 5,900 contracts. The Put/Call Ratio is 4.11, while ATM IV is up nearly 2 points on the day. Earnings are expected on November 1st.

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