the sunrun company makes solar energy systems for homes. some big money investors think the price of sunrun's stock will go up or down. they buy or sell options to make money from it. overall, these investors have different ideas about what will happen to sunrun's stock. Read from source...
Sunrun appears to be one of those stocks that is being artificially manipulated by some traders. They could be either institutional traders or wealthy individuals. The unusual options activities of Sunrun spotted today are definitely something to be aware of. With the average open interest for Sunrun options standing at 2,637.71, and a total volume reaching 7,899.00, it's clear that big players have been targeting a price window for Sunrun from $17.0 to $25.0 during the past quarter. Though the overall sentiment of these big-money traders is split between 50% bullish and 50% bearish, it's essential to monitor and analyze the options trading patterns of Sunrun closely. This is due to the potential risks and rewards associated with options trading. It's crucial to stay informed about the latest Sunrun options trades with real-time alerts from Benzinga Pro for smarter investing.
Bullish
Rationale: The article discusses unusual options activity for Sunrun, indicating a bullish sentiment. The options trades suggest that big money traders are taking a bullish stance on Sunrun, with projected price targets ranging from $17.0 to $25.0. The overall sentiment of these traders is split between 50% bullish and 50% bearish. This shows that there is potential for growth in Sunrun's stock price, which would be positive for investors. Furthermore, professional analyst ratings for Sunrun are mostly positive, with an average price target of $23.4, indicating that the overall sentiment for the company is bullish.
Based on the `Sunrun Unusual Options Activity` article, investors and traders should take into consideration the unusual options activity surrounding Sunrun's stock. The article suggests that big-money traders are splitting their sentiment between being bullish and bearish about Sunrun's future.
Traders should also note that the average open interest for options of Sunrun is 2637.71, and the total volume reaches 7,899.00. There is 1 put option for a total amount of $84,455, and 7 call options, for a total amount of $539,496.
Price targets for Sunrun seem to be within a window of $17.0 to $25.0 during the past quarter. It is essential to monitor the progression of both call and put option volume and open interest for high-value trades in Sunrun, situated within the strike price corridor from $17.0 to $25.0, throughout the last 30 days.
Investors should also take into account the present market standing of Sunrun, with the stock currently trading at $19.45 and an approaching overbought RSI reading. Analyst ratings also provide insights into potential price targets and overall sentiment, with 5 professional analysts giving their take on Sunrun's stock.
As always, traders should manage risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Traders can stay informed about the latest Sunrun options trades with real-time alerts from Benzinga Pro.
### Risks:
1. Options trading presents higher risks and potential rewards.
2. The unusual options activity may not always result in profitable trades.
3. Analyst ratings and price targets are not guaranteed to happen, and they are only predictions.
4. Market movements and fluctuations may impact the success of trades.
5. Investors and traders should thoroughly assess and understand the risks associated with any potential investments before making decisions.