Bearish options flow identified in Sunrun (RUN), with shares down 24c near $15.96. Options volume relatively light with 25k contracts traded and puts leading calls for a put/call ratio of 1.2, compared to a typical level near 0.63. Implied volatility (IV30) is higher by 3.7 points near 86.26,and below the 52wk median, suggesting an expected daily move of $0.87. Put-call skew steepened, indicating increased demand for downside protection, following an upgrade to Outperform at RBC Capital.
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