This Is What Whales Are Betting On Sunrun

This Is What Whales Are Betting On Sunrun

A whale with a lot of money to spend has taken a noticeably bullish stance on Sunrun.

Looking at options history for Sunrun RUN we detected 53 strange trades.

If we consider the specifics of each trade, it is accurate to state that 64% of the investors opened trades with bullish expectations and 35% with bearish.

From the overall spotted trades, 10 are puts, for a total amount of $1,088,271 and 43, calls, for a total amount of $3,092,983.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $17.5 to $60.0 for Sunrun over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Sunrun options trades today is 2818.57 with a total volume of 139,177.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Sunrun's big money trades within a strike price range of $17.5 to $60.0 over the last 30 days.

Sunrun Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
RUN PUT SWEEP BULLISH 12/16/22 $30.00 $322.9K 522 1.5K
RUN CALL SWEEP BULLISH 12/16/22 $32.50 $292.7K 683 1.8K
RUN CALL SWEEP BEARISH 11/18/22 $25.00 $231.5K 16.1K 3.7K
RUN PUT SWEEP BULLISH 01/19/24 $25.00 $169.5K 1.0K 1.4K
RUN PUT SWEEP BULLISH 11/18/22 $27.50 $163.1K 814 2.8K

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
RUN PUT SWEEP BULLISH 12/16/22 $30.00 $322.9K 522 1.5K
RUN CALL SWEEP BULLISH 12/16/22 $32.50 $292.7K 683 1.8K
RUN CALL SWEEP BEARISH 11/18/22 $25.00 $231.5K 16.1K 3.7K
RUN PUT SWEEP BULLISH 01/19/24 $25.00 $169.5K 1.0K 1.4K
RUN PUT SWEEP BULLISH 11/18/22 $27.50 $163.1K 814 2.8K

Where Is Sunrun Standing Right Now?

  • With a volume of 19,152,251, the price of RUN is up 27.61% at $30.83.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 98 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Sunrun, Benzinga Pro gives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets