Bearish flow noted in First Solar with 26,255 puts trading, or 12x expected. Most active are Jan-25 165 puts and Jan-25 180 puts, with total volume in those strikes near 12,000 contracts. The Put/Call Ratio is 6.93, while ATM IV is up over 3 points on the day. Earnings are expected on October 29th.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on FSLR:
- Charged: Tesla initiated with buy, China-made EV sales up
- Unusually active option classes on open September 3rd
- Tesla initiated, Foot Locker upgraded: Wall Street’s top analyst calls
- First Solar initiated with a Market Perform at William Blair
- Early notable gainers among liquid option names on August 26th