Sunrun Option Alert: Nov 15 $16 Calls Sweep (50) Above Ask: 1572 @ $1.4 Vs 21838 OI; Earnings 11/7 After Close Ref=$14.7299
Portfolio Pulse from Benzinga Newsdesk
Sunrun (RUN) has seen a significant option activity with a sweep of 50 call options for November 15 at a strike price of $16, traded above the ask price. This comes ahead of their earnings report on November 7.
November 01, 2024 | 2:40 pm
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Sunrun has experienced unusual option activity with a sweep of 50 call options for November 15 at a $16 strike price, traded above the ask. This suggests bullish sentiment ahead of their earnings report on November 7.
The sweep of call options above the ask price indicates strong bullish sentiment among traders, suggesting they expect the stock price to rise. This activity is significant as it occurs just before the company's earnings report, which could act as a catalyst for price movement.
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