First Solar (FSLR) volatility elevated as shares bounce up from three-year lows

First Solar (Nasdaq: FSLR) is recently up $1.26 to $71.50 in pre-open trading following Maxim Group raising its rating to Hold from Buy. FSLR is expected to release Q3 results in late October. Overall option implied volatility of 75 is above its six-month average of 47 according to Track Data, suggesting larger price movement.

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