Option traders moderately bearish in Bloom Energy (BE), with shares up $22.51, or 8.61%, near $283.85. Options volume roughly in line with average with 64k contracts traded and puts leading calls for a put/call ratio of 1.96, compared to a typical level near 1.34. Implied volatility (IV30) is higher by 5.9 points near 110.59,and above the 52wk median, suggesting an expected daily move of $19.77. Put-call skew steepened, indicating increased demand for downside protection.
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Two ETFs to trade BE long or short: BEX & BEZPublished first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
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