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.
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