Moderately bullish activity in Sunrun with shares up 4.77%

Moderately bullish activity in Sunrun (RUN), with shares up 32c (+4.77%) near $7.03.Options volume more than double the daily average with 128k contracts traded and calls leading puts for a put/call ratio of 0.37, compared to a typical level near 0.64. Implied volatility (IV30) is higher by 7.8 points near 118.4, in the highest 10% of observations over the past year, suggesting an expected daily move of $0.52. Put-call skew steepened, indicating increased demand for downside protection. following a downgrade to Neutral at BNP Paribas Exane.