tiprankstipranks
Advertisement
Advertisement

Option traders moderately bearish in Bloom Energy with shares down 0.39%

Option traders moderately bearish in Bloom Energy (BE), with shares down 84c near $218.19. Options volume running well above average with 77k contracts traded and puts leading calls for a put/call ratio of 1.03, compared to a typical level near 0.93. Implied volatility (IV30) dropped 0.99 near 113.36,and above the 52wk median, suggesting an expected daily move of $15.58. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Bloom Energy (BE) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.

Claim 55% Off TipRanks

New trading tool for BE bulls/bears

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1