Bullish option flow detected in Sunnova Energy with 3,825 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 120.50%. Jan-25 10 calls and Oct-24 6 puts are the most active options, with total volume in those strikes near 3,200 contracts. The Put/Call Ratio is 0.30. Earnings are expected on October 30th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NOVA:
- Charged: Tesla under pressure following ‘Cybercab’ unveiling
- Sunnova Energy price target raised to $10 from $9 at BMO Capital
- Sunnova Energy initiated with a Buy at Jefferies
- Sunnova Energy Ends $65M Home Improvement Loan Facility
- Sunnova’s Shaky Horizon: Navigating the Uncertain Future of the Solar Industry