Sunnova Energy call volume above normal and directionally bullish
The Fly

Sunnova Energy call volume above normal and directionally bullish

Bullish option flow detected in Sunnova Energy (NOVA) with 31,666 calls trading, 8x expected, and implied vol increasing over 2 points to 176.05%. Nov-24 6 calls and Nov-24 10 calls are the most active options, with total volume in those strikes near 20,500 contracts. The Put/Call Ratio is 0.26. Earnings are expected on February 26th.

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