Looking At First Solar's Recent Unusual Options Activity

Financial giants have made a conspicuous bearish move on First Solar. Our analysis of options history for First Solar FSLR revealed 9 unusual trades.

Delving into the details, we found 33% of traders were bullish, while 66% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $80,928, and 6 were calls, valued at $227,687.

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Predicted Price Range

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $130.0 to $180.0 for First Solar during the past quarter.

Volume & Open Interest Trends

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for First Solar's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of First Solar's whale trades within a strike price range from $130.0 to $180.0 in the last 30 days.

First Solar Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:

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.

Current Position of First Solar

• With a trading volume of 1,142,397, the price of FSLR is down by -2.81%, reaching $143.74.
• Current RSI values indicate that the stock is may be oversold.
• Next earnings report is scheduled for 25 days from now.

Expert Opinions on First Solar

1 market experts have recently issued ratings for this stock, with a consensus target price of $187.0.

• In a cautious move, an analyst from Wells Fargo downgraded its rating to Equal-Weight, setting a price target of $187.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for First Solar, Benzinga Pro gives you real-time options trades alerts.