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Sunrun put volume heavy and directionally bearish

Sunrun put volume heavy and directionally bearish

Bearish flow noted in Sunrun with 5,235 puts trading, or 1.2x expected. Most active are Sep-24 16 puts and 8/23 weekly 20 calls, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 1.68, while ATM IV is up over 1 point on the day. Earnings are expected on October 30th.

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