Mixed options sentiment in Bloom Energy (BE), with shares up $5.80, or 3.62%, near $166.09. Options volume roughly in line with average with 78k contracts traded and calls leading puts for a put/call ratio of 0.67, compared to a typical level near 0.78. Implied volatility (IV30) dropped 4.47 near 122.44,in the top quartile of the past year, suggesting an expected daily move of $12.81. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 55% Off TipRanks
New trading tool for BE bulls/bearsPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BE:
- Qualcomm, Booking Holdings upgraded: Wall Street’s top analyst calls
- Bloom Energy initiated with a Neutral at Citi
- Bloom Energy’s Surging Stock Tests Wall Street’s Nerves
- Data Governance Risks Threaten Bloom Energy’s Strategy Amid Rising Global Compliance Demands
- Bloom Energy price target raised to $102 from $92 at Jefferies
