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Sunrun put volume heavy and directionally bearish

Bearish flow noted in Sunrun (RUN) with 7,345 puts trading, or 2x expected. Most active are 4/4 weekly 6 puts and 3/28 weekly 6 calls, with total volume in those strikes near 7,900 contracts. The Put/Call Ratio is 2.49, while ATM IV is up nearly 2 points on the day. Earnings are expected on May 7th.

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