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Sunrun put volume heavy and directionally bearish

Bearish flow noted in Sunrun (RUN) with 3,495 puts trading, or 1.0x expected. Most active are 4/24 weekly 11 puts and Apr-26 11 puts, with total volume in those strikes near 2,800 contracts. The Put/Call Ratio is 2.27, while ATM IV is up nearly 4 points on the day. Earnings are expected on May 6th.

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