Option traders moderately bearish in Eos Energy Enterprises, Inc. (EOSE), with shares down 57c near $6.14. Options volume relatively light with 64k contracts traded and calls leading puts for a put/call ratio of 0.35, compared to a typical level near 0.27. Implied volatility (IV30) is higher by 3.3 points near 118.68,and above the 52wk median, suggesting an expected daily move of $0.46. Put-call skew steepened, indicating increased demand for downside protection, following a downgrade to Neutral at Guggenheim.
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Read More on EOSE:
- Eos Energy price target lowered to $8 from $12 at B. Riley
- Mixed options sentiment in Eos Energy Enterprises, Inc. with shares down 10.09%
- Eos Energy price target lowered to $12 from $22 at Stifel
- Eos Energy downgraded to Neutral at Guggenheim on forecasting struggles
- Eos Energy downgraded to Neutral from Buy at Guggenheim