Bullish option flow detected in Bloom Energy (BE) with 5,292 calls trading, 2x expected, and implied vol increasing over 1 point to 94.05%. 11/1 weekly 10 calls and 11/8 weekly 10 calls are the most active options, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 0.12. Earnings are expected on November 7th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BE:
- Bloom Energy price target lowered to $13 from $16 at Susquehanna
- Norway’s Central Bank Boosts Stake in Plug Power (NASDAQ:PLUG)
- BMO says Bloom Energy appears to have secured follow-on order from Quanta
- Bloom Energy call volume above normal and directionally bullish
- Bloom Energy put volume heavy and directionally bearish