First Solar (FSLR) option volume and volatility elevated as shares rally on production report

June 12, 2012 3:13 PM EDT Send to a Friend
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First Solar (Nasdaq: FSLR) July 15 calls and puts are active on total call volume of 44K contracts (40K puts). July call option implied volatility is at 88, September is at 86; above its 26-week average of 76 following reports that the company has ramped up production at plants in Germany to meet a surge in demand. CLSA say’s industry pricing remains challenging and has an Underperform rating with a 12-month price target of $19.50.


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