Bloom Energy put volume heavy and directionally bearish
Bearish flow noted in Bloom Energy (BE) with 9,693 puts trading, or 2x expected. Most active are 4/4 weekly 15 puts and May-25 14 puts, with total volume in those strikes near 4,200 contracts. The Put/Call Ratio is 1.71, while ATM IV is up over 21 points on the day. Earnings are expected on May 8th.