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Sunrun put volume heavy and directionally bearish

Bearish flow noted in Sunrun (RUN) with 2,176 puts trading, or 1.3x expected. Most active are May-26 14 puts and Jun-26 11 puts, with total volume in those strikes near 1,200 contracts. The Put/Call Ratio is 2.21, while ATM IV is up over 2 points on the day. Earnings are expected on May 6th.

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