Bearish flow noted in First Solar with 11,675 puts trading, or 1.2x expected. Most active are Jan-24 65 puts and Jan-23 75 puts, with total volume in those strikes near 5,000 contracts. The Put/Call Ratio is 2.71, while ATM IV is up nearly 2 points on the day. Earnings are expected on March 1st.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on FSLR:
- What You Missed This Week in EVs and Clean Energy
- Street Wrap: Today’s Top 15 Upgrades, Downgrades, Initiations
- Unusually active option classes on open December 6th
- First Solar downgraded to Sell from Buy at GLJ Research
- RBC Capital ‘not surprised’ by Commerce Department’s finding on solar companies