$SPWR SunPower Corp - Bullish Pennant, Unusual Options Activity

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SPWR SunPower Corp closed today outside the upper limit of a recent bullish pennant. Expecting to see a strong follow through move in the near term.

Bullish Options Activity
2,900 $15.00 strike (ITM) Oct 30th calls traded today (22x open interest) for 750K in premium.

Near term price target: $20-$22 range by early November



Note: This is NOT investment advice.