These option strikes are located (in my opinion) at prices where IF FSLR gaps there, it should continue.
Buying August gives you time. Total debit is $2.00.
A gap down likely would have the most edge and trap a lot of bears.
Since the last 2-3 days are and FSLR gaps up, those who bought below $51.70 would probably sell at open
Therefore, I likely would sell the calls IF it gapped up and hold onto the puts.
If it gapped down, I would hold onto the puts.