spunky76

FSLR sell

spunky76 Updated   
NASDAQ:FSLR   First Solar, Inc.
Idea: sell call credit spread, or buy put.

It seems that FSLR may need to retrace after this parabolic move up.
Comment:
Okay... so it seems I was lucky to guess that top.
Hope i'm lucky enough to get that target $195.
I wouldn't wait till then to trim profit, in case this POS fly again.
Trim depend on your risk exposure and appetite, green is green.
Pigs get slaughtered.
I got in/out 3 times on puts this week. Leave 1 runner for greatness.
Comment:
Alllow folks... take some profits, trim, sell, place stop order. Green is green.
Obviously still way to go to the target price but $200 is support level too, and who know someone somewhere pump again. I'd leave runner with $210 level as a hard stop. Once gain is locked, it is easy to just wait and see if more gains coming in. NO LOSS is allowed on this trade.
Comment:
1st Target reached.
may break and continue lower, BUT i want to remind those who read this. take some profit please. if only 1 put, please put stop loss.
Do not let this trade turn red.
Next update will be if it reached $180.
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