Mike Khouw Sees Unusual Options Activity In First Solar

On CNBC's "Options Action", Mike Khouw said First Solar, Inc. FSLR saw four times the average daily call options volume Thursday. He added that options traders were buying the January 75 calls in the name.

Get Started

Start Futures Trading Fast — with a $200 Bonus

Join Plus500 today and get up to $200 to start trading real futures. Practice with free paper trading, then jump into live markets with lightning-fast execution, low commissions, and full regulatory protection.

Get Started

Around 4,000 contracts were traded during the session and they paid $2 for them. The trade breaks even at $77 or 0.96 percent above the current stock price. Khouw explained that buyers could be expecting that President Trump is going to announce protectionist policies for the solar industry next week.