RenaSolar (SOL) is up 28 cents to $10.29 and, like Yingli Energy (see YGE color), is seeing buying of deep out-of-the-money puts. The top trade is 2900 at 25 cents on ISE and an opening customer buyer. 3,800 now traded vs. 90 of existing open interest. No news on the stock. Next earnings due early-March.
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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.