Unusual Options Activity: Bullish Trade on Sunrun

Last Updated: Tuesday, April 30, 2024 10:34 AM | Bobby Raines

Unusual Options Activity

We spotted a big, bullish trade Tuesday on Sunrun (SUN). So far, the Jan. 2026 15 and 37 calls and the 5 puts have each traded more than 2,500 contracts. This outstripped open interest at both call strikes. The puts and 37 calls traded at the ask and low in the spread, respectively, while the 15 calls moved at the ask. This indicates that this is likely a bullish debit spread with an additional sold put.

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