Bearish flow noted in Sunrun with 13,327 puts trading, or 6x expected. Most active are 2/24 weekly 22 puts and 2/24 weekly 21.5 puts, with total volume in those strikes near 9,100 contracts. The Put/Call Ratio is 4.29, while ATM IV is up nearly 8 points on the day. Earnings are expected on February 22nd.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on RUN:
- Sunrun price target lowered to $35 from $52 at Truist
- Sunrun call volume above normal and directionally bullish
- Sunrun, PG&E collaborate on battery-powered virtual power plant
- Sunrun price target lowered to $37 from $40 at Goldman Sachs
- Sunrun Announces Date and Conference Call Details for Fourth Quarter and Full-Year 2022 Earnings Report
