Bullish option flow detected in Sunnova Energy with 8,060 calls trading, 6x expected, and implied vol increasing over 12 points to 147.23%. Aug-24 8 calls and Aug-24 9 calls are the most active options, with total volume in those strikes near 6,500 contracts. The Put/Call Ratio is 0.05. Earnings are expected on July 31st.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOVA:
- Sunnova Energy call volume above normal and directionally bullish
- Sunnova Energy price target raised to $10 from $7 at Guggenheim
- Sunnova Energy price target lowered to $12 from $18 at Barclays
- Sunnova Energy price target raised to $7 from $4.50 at Piper Sandler
- SunPower price target lowered to 25c from $2.50 at Citi