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Shares of SunPower
SPWR are higher on the session by 17.65%, currently trading at $8.80. The stock has been moving largely higher over the past two months and is currently trading above the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the March 2012 $9.00 call, which has traded 1,000 times on open interest of 476 contracts. Small lots are active on the name today.
Calls are outpacing puts today by 4 to 1.
SunPower Corporation is a vertically integrated solar products and services company that designs, manufactures and delivers solar electric systems worldwide for residential, commercial and utility-scale power plant customers.
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