Bullish option flow detected in Bloom Energy with 5,094 calls trading, 3x expected, and implied vol increasing over 3 points to 70.70%. Sep-24 10.5 calls and Oct-24 11 calls are the most active options, with total volume in those strikes near 2,700 contracts. The Put/Call Ratio is 0.06. Earnings are expected on November 11th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BE:
- Bloom Energy permit request could be sign of ‘strong demand,’ says RBC
- Bloom Energy call volume above normal and directionally bullish
- Bloom Energy files automatic mixed securities shelf
- Bloom Energy files to sell 23.49M shares of Class A common stock for holders
- Closing Bell Movers: Adobe falls 9% as Q4 guidance falls short