Bearish flow noted in Shoals Technologies Group with 1,649 puts trading, or 3x expected. Most active are Jul-24 6 puts and Jan-25 7.5 calls, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 9.01, while ATM IV is up over 1 point on the day. Earnings are expected on July 30th.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SHLS:
- What You Missed This Week in EVs and Clean Energy
- SMA Solar cuts sales and earnings guidance for FY24
- Shoals Technologies to launch global suite of solutions at Intersolar Europe
- Shoals Technologies Group to Launch Global Suite of Solutions at Intersolar Europe
- Shoals Technologies Group, Inc. to Host 2024 Inaugural Investor Day