Moderately bullish activity in Sunrun (RUN), with shares up 22c, or 2.49%, near $9.27. Options volume relatively light with 57k contracts traded and calls leading puts for a put/call ratio of 0.64, compared to a typical level near 0.62. Implied volatility (IV30) is higher by 2.1 points near 125.96, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.74. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on RUN:
- Excise tax dropped in Senate bill negative for First Solar, says Mizuho
- Wells says excise tax removal positive for Solar, negative for First Solar
- Sunrun call volume above normal and directionally bullish
- Republicans remove excise tax on wind, solar projects from Senate bill, CNN says
- Charged: Tesla completes first fully autonomous Model Y delivery