What whales do with Sunrun

Benzinga’s options scanner just detected over 19 options trades for sunrun CLASSES totaling $1,037,957.

At the same time, our algo caught 4 for a total amount of 274,967.

What is the target price?

Given the volume and open interest on these contracts, it looks like whales have been targeting a $20.0-$30.0 price range for Sunrun over the past 3 months.

Development of volume and open interest

Watching volume and open interest is a powerful move when trading options. This data can help you track the liquidity and interest of Sunrun’s options for a given strike price. Below, we can observe the development of volume and open interest in calls and puts, respectively, for all Sunrun whale trades within a strike price range of $20.0 to $30.0 in the last 30 days.

Sunrun Options Volume and Open Interest in the Last 30 Days

The biggest options spotted:

Symbol PUT/CALL Kind of trade Feeling Exp. Date Strike price Total trade price open interest Volume
CLASSES PUT SCANNING BULLISH 08/19/22 $30.00 $190,900 1.5K 204
CLASSES CALL TRADE BULLISH 06/17/22 $20.00 $74.6,000 10.7K 847
CLASSES CALL TRADE BULLISH 06/17/22 $20.00 $73,000 10.7K 1.8K
CLASSES CALL SCANNING BULLISH 06/17/22 $20.00 $73,000 10.7K 1.6K
CLASSES CALL TRADE BULLISH 06/17/22 $20.00 $71,400 10.7K 1.0K

Where is Sunrun now?

  • With a volume of 7,551,416, the price of RUN is up 1.96% to $22.39.
  • RSI indicators suggest that the underlying stock could be close to overbought.
  • The next results should be published in 78 days.

What experts say about Sunrun:

  • Truist Securities downgraded its stock to Buy with a price target of $52
  • Needham has decided to maintain its Buy rating on Sunrun, which currently sits at a price target of $42.

Options are a riskier asset than just trading stocks, but they have a higher profit potential. Serious options traders manage this risk by educating themselves daily, increasing and decreasing trades, following more than one indicator, and following the markets closely.

If you want to stay up to date on the latest options trading for {d[company_name]}, Benzinga Pro gives you real-time alerts on options trades.

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