TopgOptions

FSLR First Solar Options Ahead of Earnings

Short
TopgOptions Updated   
BATS:FSLR   First Solar, Inc.
Analyzing the options chain and the chart patterns of FSLR First Solar prior to the earnings report this week,
I would consider purchasing the 143usd strike price Puts with
an expiration date of 2023-11-3,
for a premium of approximately $6.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.


Trade closed: target reached:
FSLR reached $132.70 this week and the Puts were for sure profitable back then, but I haven`t monitored the options chain.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.