Solarfun Power Holdings Co Ltd (SOLF) $7.79 +4.42%
Seeing some interest in the solar names today. Canadian Solar (CSIQ) is up $3 to $19.12 and options volume is running 5X the usual on earnings news. Outside of that, trading is mixed. STP, SPWRA, SOLR are lower. JASO and CSUN are flat. Meanwhile, Solar Fun (SOLF) is up 30 cents to $7.76 and options volume is running 4X the usual on increasing interest in August 7.5 and 10 call options. More than 4,000 contracts traded and, with more than 75 percent hitting ask-side, it looks like buyers dominating the action and looking for additional upside in SOLF. (SOLR Aug 7.5 calls seeing interest as well).
Category: All Stocks, Industrial Goods & Services, Small Cap Stocks
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About the Author (Author Profile)
Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.
