Smart Money Is Betting Big In FSLR Options

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Financial giants have made a conspicuous bearish move on First Solar. Our analysis of options history for First Solar FSLR revealed 11 unusual trades.

Delving into the details, we found 36% of traders were bullish, while 45% showed bearish tendencies. Out of all the trades we spotted, 2 were puts, with a value of $67,130, and 9 were calls, valued at $394,460.

What's The Price Target?

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $105.0 to $250.0 for First Solar during the past quarter.

Insights into Volume & Open Interest

In today's trading context, the average open interest for options of First Solar stands at 1052.64, with a total volume reaching 315.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in First Solar, situated within the strike price corridor from $105.0 to $250.0, throughout the last 30 days.

First Solar Option Activity Analysis: Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
FSLR CALL SWEEP BEARISH 01/15/27 $66.2 $63.2 $63.2 $190.00 $94.8K 58 0
FSLR CALL TRADE BULLISH 01/16/26 $29.6 $28.85 $29.6 $230.00 $59.2K 260 20
FSLR CALL TRADE NEUTRAL 01/17/25 $27.2 $25.75 $26.4 $170.00 $52.8K 1.0K 20
FSLR CALL SWEEP BEARISH 01/15/27 $60.75 $59.0 $59.54 $200.00 $47.6K 69 8
FSLR PUT TRADE BULLISH 02/21/25 $13.25 $13.15 $13.15 $195.00 $36.8K 974 9

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.

Current Position of First Solar

  • Currently trading with a volume of 765,799, the FSLR's price is up by 1.83%, now at $194.78.
  • RSI readings suggest the stock is currently is currently neutral between overbought and oversold.
  • Anticipated earnings release is in 49 days.

What The Experts Say On First Solar

A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $257.5.

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 Baird keeps a Outperform rating on First Solar with a target price of $267. * Maintaining their stance, an analyst from Jefferies continues to hold a Buy rating for First Solar, targeting a price of $248.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for First Solar, Benzinga Pro gives you real-time options trades alerts.

Overview Rating:
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Technicals Analysis
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