Sunnova Energy call volume above normal and directionally bullish
The Fly

Sunnova Energy call volume above normal and directionally bullish

Bullish option flow detected in Sunnova Energy with 21,654 calls trading, 12x expected, and implied vol increasing over 58 points to 196.23%. May-24 6 calls and May-24 5 calls are the most active options, with total volume in those strikes near 14,500 contracts. The Put/Call Ratio is 0.11. Earnings are expected on July 31st.

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