Tag Archives: options

Solar Calls Heating Up (STP, CSIQ)

Call activity is picking up in the solar names.  Suntech Power Holdings (STP) was up over 12% today to $41.75.  Almost 5,000 STP Sept 45’s traded today vs and open interest of 5,351.  There was also roughly 600 Oct 45’s, 1,000 Oct 50’s, and 500 Oct 55’s vs almost zero open interest before today.  

CSIQ saw similar action.  The standout strike is the Sept 30 that traded 6,600 contracts today vs an open interest of … Read the rest

First Solar (FSLR) Options ‘Cheap’

Adam from The Daily Options Report writes: “FSLR feels particularly enticing. Options are very cheap by FSLR standards. Which makes some degree of sense when you consider that the stock has settled into a range.  But some interesting things here. It’s basically moving with the whole energy/ag/mining space right now. And has dribbled right back the to 200 Day MA. Not terribly likely it just settles in peacefully around here this week without some degree … Read the rest