Sunrun put volume heavy and directionally bearish

Bearish flow noted in Sunrun with 6,473 puts trading, or 1.7x expected. Most active are Jan-23 30 puts and Jan-23 25 puts, with total volume in those strikes near 4,100 contracts. The Put/Call Ratio is 1.73, while ATM IV is up over 1 point on the day. Earnings are expected on February 16th.