First Solar (FLSR) November volatility decreases to 53 as shares sell off 15%
First Solar (Nasdaq: FSLR) is recently down $24.34 to $127.24. FSLR reported lighter than expected Q3 revenues. Caris and Co lowered its rating on FSLR to Above Average from Buy. FSLR call option volume of 52,575 contracts compares to put volume of 43,940 contracts according to Track Data. FSLR November option implied volatility is at 53, below a level of 75 from October 28 and below its six-month average of 62 according to Track Data, suggesting decreasing price movement. Paul Foster
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