First Solar Unusual Options Activity For January 17

11 hours ago

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Whales with a lot of money to spend have taken a noticeably bullish stance on First Solar.

Looking at options history for First Solar FSLR we detected 12 trades.

If we consider the specifics of each trade, it is accurate to state that 75% of the investors opened trades with bullish expectations and 0% with bearish.

From the overall spotted trades, 4 are puts, for a total amount of $220,754 and 8, calls, for a total amount of $345,060.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $135.0 and $200.0 for First Solar, spanning the last three months.

Volume & Open Interest Development

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for First Solar's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across First Solar's significant trades, within a strike price range of $135.0 to $200.0, over the past month.

First Solar Option Activity Analysis: Last 30 Days

Options Call Chart

Noteworthy Options Activity:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
FSLR PUT SWEEP BULLISH 03/21/25 $1.2 $1.2 $1.2 $135.00 $95.5K 1.4K 796
FSLR CALL SWEEP BULLISH 01/24/25 $2.7 $2.48 $2.7 $197.50 $74.3K 78 681
FSLR CALL SWEEP BULLISH 01/24/25 $2.85 $2.46 $2.85 $197.50 $64.1K 78 332
FSLR PUT TRADE NEUTRAL 03/21/25 $3.65 $1.02 $2.24 $150.00 $61.8K 2.8K 276
FSLR CALL SWEEP BULLISH 01/24/25 $2.9 $2.09 $2.9 $197.50 $46.6K 78 80

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.

In light of the recent options history for First Solar, it's now appropriate to focus on the company itself. We aim to explore its current performance.

First Solar's Current Market Status

  • With a trading volume of 825,816, the price of FSLR is up by 0.07%, reaching $191.01.
  • Current RSI values indicate that the stock is may be approaching overbought.
  • Next earnings report is scheduled for 39 days from now.

What Analysts Are Saying About 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 $241.5.

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. * Maintaining their stance, an analyst from Wells Fargo continues to hold a Overweight rating for First Solar, targeting a price of $209. * An analyst from Seaport Global has elevated its stance to Buy, setting a new price target at $274.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for First Solar with Benzinga Pro for real-time alerts.

Market News and Data brought to you by Benzinga APIs

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