First Solar put volume heavy and directionally bearish
The Fly

First Solar put volume heavy and directionally bearish

Bearish flow noted in First Solar with 26,255 puts trading, or 12x expected. Most active are Jan-25 165 puts and Jan-25 180 puts, with total volume in those strikes near 12,000 contracts. The Put/Call Ratio is 6.93, while ATM IV is up over 3 points on the day. Earnings are expected on October 29th.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App