Evergreen Solar, Inc. (ESLR) was targeted by put players on Thursday, according to data from the International Securities Exchange (ISE). During the course of the session, traders on the ISE bought to open 1,800 puts on ESLR, compared to just 9 calls.
In fact, option traders on this exchange have rarely shown a greater appetite for ESLR's puts. The stock's 10-day ISE put/call volume ratio of 2.0 indicates that puts bought to open have doubled calls during the past two weeks, and this reading ranks within two percentage points of an annual pessimistic peak.
Taking a closer look at the data, the stock's October 2 put was the center of attention....MORE
Friday, September 4, 2009
Evergreen Solar, Inc. Attracts Bearish Back-Month Speculation (ESLR)
From Schaeffer's Research: