Generac Holdings (GNRC) is seeing a post-earnings options surge, after the company posted upbeat third-quarter results on strong demand for power backup equipment. Extreme weather and power outages caused a 24% uptick in sales in its commercial and industrial (C&I) business segment.
So far, 7,226 calls and 6,512 puts have been exchanged, which is already 2.3 times GNRC’s average daily options volume. The January 2025 100-strike put is the most popular, followed by the weekly 11/3 92-strike put, with new positions being sold to open at both.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased