Mixed options sentiment in Sunrun (RUN), with shares down 6c near $8.64. Options volume relatively light with 16k contracts traded and calls leading puts for a put/call ratio of 0.48, compared to a typical level near 0.43. Implied volatility (IV30) dropped 0.78 near 145.74, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.79. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Underperform at Jefferies.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RUN:
- Jefferies Upgrades First Solar Stock (FSLR) as ‘It’s Time to Get Constructive Again’
- Sunrun activates more than 130,000 home batteries to support power grid
- Sunrun downgraded to Underperform from Hold at Jefferies
- Insider Sales Shake Sunrun, Freeport-McMoRan, Lemonade, AppLovin, and Diamondback
- Charged: Tesla targets June 12 launch of robotaxi service in Austin
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue