UPDATE: "First Solar: "Is it Still a Growth Stock?" (FSLR)"
With the 2010 Guidance webcast coming at 4:15 EST traders will remember the action after the last lovefest. The stock jumped eight dollars before resuming its downtrend. In early pre-market action the stock is up $1.01 at $40.00.
From Schaeffer's Research:
First Solar Inc. (FSLR: sentiment, chart, options) saw a jump in option trading on Monday, as more than 69,900 contracts crossed the tape. This surge in volume was more than double the equity's average daily trading volume of 29,500 contracts, according to data from WhatsTrading.com.
Checking in on the action in the front three months of options, we find that the December 145 call added approximately 2,500 new positions, while the January 100 put increased its open interest by 2,000 contracts. Meanwhile, the January 105 put shed 1,500 positions....MORE