Sunnova Energy call volume above normal and directionally bullish

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Bullish option flow detected in Sunnova Energy (NOVA) with 9,712 calls trading, 1.9x expected, and implied vol increasing almost 8 points to 139.43%. Nov-24 7 calls and Dec-24 7 calls are the most active options, with total volume in those strikes near 6,600 contracts. The Put/Call Ratio is 0.22. Earnings are expected on October 30th.

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