Investors with a lot of money to spend have taken a bearish stance on Sunrun RUN.
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with RUN, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 9 options trades for Sunrun.
This isn't normal.
The overall sentiment of these big-money traders is split between 33% bullish and 66%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $570,564, and 8, calls, for a total amount of $365,378.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $7.0 to $12.0 for Sunrun during the past quarter.
Volume & Open Interest Trends
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Sunrun's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Sunrun's whale activity within a strike price range from $7.0 to $12.0 in the last 30 days.
Sunrun Option Volume And Open Interest Over Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| RUN | PUT | TRADE | BEARISH | 09/19/25 | $2.44 | $2.36 | $2.43 | $10.00 | $570.5K | 5.5K | 2.3K |
| RUN | CALL | SWEEP | BULLISH | 05/16/25 | $3.7 | $3.6 | $3.7 | $7.00 | $107.6K | 10 | 292 |
| RUN | CALL | SWEEP | BULLISH | 02/21/25 | $0.84 | $0.83 | $0.84 | $10.00 | $67.5K | 7.5K | 803 |
| RUN | CALL | SWEEP | BULLISH | 02/28/25 | $0.8 | $0.79 | $0.8 | $11.00 | $36.1K | 86 | 457 |
| RUN | CALL | SWEEP | BEARISH | 02/14/25 | $1.49 | $1.37 | $1.37 | $9.00 | $34.2K | 378 | 252 |
About Sunrun
Sunrun is engaged in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems in the United States. The company acquires customers directly and through relationships with various solar and strategic partners. The solar systems are constructed either by Sunrun or by Sunrun's partners and are owned by the company. Sunrun's customers typically enter into 20- to 25-year agreements to utilize its solar energy system. The company also sells solar energy systems and products, such as panels and racking, and solar leads generated to customers.
Following our analysis of the options activities associated with Sunrun, we pivot to a closer look at the company's own performance.
Current Position of Sunrun
- With a volume of 8,815,243, the price of RUN is up 10.55% at $10.32.
- RSI indicators hint that the underlying stock may be approaching overbought.
- Next earnings are expected to be released in 34 days.
Professional Analyst Ratings for Sunrun
Over the past month, 3 industry analysts have shared their insights on this stock, proposing an average target price of $15.666666666666666.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access. * Maintaining their stance, an analyst from JP Morgan continues to hold a Overweight rating for Sunrun, targeting a price of $18. * Consistent in their evaluation, an analyst from Wells Fargo keeps a Overweight rating on Sunrun with a target price of $12. * Showing optimism, an analyst from UBS upgrades its rating to Buy with a revised price target of $17.
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Sunrun options trades with real-time alerts from Benzinga Pro.
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