Canadian Solar Inc (CSIQ) $4.12 +15.08%

| February 17, 2012 | 0 Comments More

Solar shares are HOT this morning with a number of names up more than 10%, including the industry leader FLSR. Try @ener3 to see the leaders. Canada Solar is one name seeing seeing heavy stock and option volume, with a large buyer of March 4 calls in the 50-55 cent range to open a new postion. Today’s total call volume sets a 52wk record, and the current 30day atmiv of 119% is at the high end of it’s range, in the 94th percentile for the past year.

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Henry Schwartz is the president of Trade Alert LLC, a provider of real-time options analysis tools to leading Wall Street firms. His systems analyze hundreds of thousands of transactions per second to help professionals identify and interpret market activity in real time, supporting informed trading decisions and intelligent idea generation. He has held institutional trading and management roles with Bank of America, Bear Stearns, Salomon Brothers and the Hull Group, and made markets on the CBOE and AMEX floors in the US, and EUREX and MONEP overseas. Prior to founding Trade Alert, he led the electronic market-making group at Bank of America coincident with the launch of the International Securities Exchange. He received his bachelor’s degree in Economics from the University of California, San Diego and his MBA from NYU’s Stern School of Business.

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