Pre-earnings options volume in Sunnova Energy (NOVA) is 1.5x normal with calls leading puts 19:5. Implied volatility suggests the market is anticipating a move near 27.0%, or $1.44, after results are released. Median move over the past eight quarters is 14.0%.
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Read More on NOVA:
- Sunnova Energy reports $9.4M in cash, liquid investments
- Sunnova Energy call volume above normal and directionally bullish
- Sunnova Energy price target lowered to $10 from $12 at Citi
- Sunnova Energy price target lowered to $9 from $10 at RBC Capital
- Sunnova Energy price target lowered to $10 from $12 at Barclays