Bloom Energy put volume heavy and directionally bearish
The Fly

Bloom Energy put volume heavy and directionally bearish

Bearish flow noted in Bloom Energy with 3,133 puts trading, or 1.5x expected. Most active are May-24 6 puts and Jan-25 5 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 4.63, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 10th.

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