Bearish flow noted in Sunrun with 5,235 puts trading, or 1.2x expected. Most active are Sep-24 16 puts and 8/23 weekly 20 calls, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 1.68, while ATM IV is up over 1 point on the day. Earnings are expected on October 30th.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- 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 RUN:
- Sunrun Becomes the First Clean Energy Company to Surpass 1 Million Residential Solar Customers
- Sunrun price target raised to $16.50 from $12 at Deutsche Bank
- Sunrun price target raised to $20 from $18 at Wells Fargo
- Sunrun price target raised to $18 from $12 at Truist
- Sunrun price target raised to $20 from $17 at BMO Capital