First Solar's Options Frenzy: What You Need to Know

Whales with a lot of money to spend have taken a noticeably bullish stance on First Solar.

Looking at options history for First Solar FSLR we detected 11 trades.

If we consider the specifics of each trade, it is accurate to state that 45% of the investors opened trades with bullish expectations and 45% with bearish.

From the overall spotted trades, 6 are puts, for a total amount of $303,190 and 5, calls, for a total amount of $192,375.

Predicted Price Range

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $175.0 to $230.0 for First Solar over the last 3 months.

Analyzing Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for First Solar's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of First Solar's whale trades within a strike price range from $175.0 to $230.0 in the last 30 days.

First Solar Option Activity Analysis: Last 30 Days

Options Call Chart

Largest Options Trades Observed:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
FSLR PUT TRADE BEARISH 01/15/27 $33.85 $33.05 $33.85 $175.00 $108.3K 10 32
FSLR PUT SWEEP BULLISH 06/20/25 $27.45 $26.9 $26.9 $200.00 $53.8K 3.5K 141
FSLR CALL TRADE BULLISH 03/21/25 $21.75 $21.6 $21.75 $200.00 $52.2K 330 24
FSLR PUT SWEEP BULLISH 06/20/25 $27.45 $26.8 $26.8 $200.00 $50.9K 3.5K 102
FSLR CALL TRADE BULLISH 03/21/25 $21.5 $21.5 $21.5 $200.00 $43.0K 330 65

About First Solar

First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company's solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world's largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.

Following our analysis of the options activities associated with First Solar, we pivot to a closer look at the company's own performance.

Current Position of First Solar

  • With a trading volume of 795,358, the price of FSLR is up by 0.94%, reaching $198.17.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 74 days from now.

Expert Opinions on First Solar

In the last month, 2 experts released ratings on this stock with an average target price of $230.0.

Turn $1000 into $1270 in just 20 days?

20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * Consistent in their evaluation, an analyst from Piper Sandler keeps a Overweight rating on First Solar with a target price of $250. * An analyst from Piper Sandler persists with their Overweight rating on First Solar, maintaining a target price of $210.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest First Solar options trades with real-time alerts from Benzinga Pro.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment
Posted In:
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!