Bearish flow noted in First Solar (FSLR) with 6,620 puts trading, or 3x expected. Most active are Mar-26 135 puts and Sep-25 110 puts, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 2.53, while ATM IV is up over 2 points on the day. Earnings are expected on April 29th.
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