Bearish flow noted in First Solar with 7,578 puts trading, or 1.6x expected. Most active are 2/10 weekly 157.5 puts and 2/10 weekly 150 puts, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 3.49, while ATM IV is up over 1 point on the day. Earnings are expected on March 1st.
Published first on TheFly
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