First Solar (FSLR) is trying to dig out of a hole after FBR Research said a possible German phaseout of farmland tarriffs could dampen FSLR’s future profitability. German parliament is debating later this week and options include total removal of the tarriff. FSLR hit a new 52-week low of $98.71, but has since battled back to $102 (-$3.13) and up 3.3 percent from session lows. Options action is picking up as well, with 17K calls and 18K puts traded. Action is mostly focused across March puts and calls with strike prices ranging from 90 to 120. Implied volatility is up 2 percent to about 55.