First Solar (FSLR) hit a new 52-week high above $140 yesterday despite the brutal sell-off in the broader market after the release of the August consumer price index. It continues to benefit from positive sentiment following the passage of the major climate change bill. While shares pulled back below $136 today, they remain well above…
First Solar (FSLR) continues to rally, up more than 15% over the past two weeks, following the passage of major climate change legislation. Our put is well out of the money and trading for a few pennies. I am recommending we roll it out one week and to a higher strike price to generate more…
I am recommending we roll our Best Buy (BBY) and First Solar (FSLR) puts out two weeks to generate more income and reduce our net debits on the positions. You can enter the second leg of today’s trades even if you were not in the previous ones. Just be aware that we will be managing…
I am recommending we roll our First Solar (FSLR), Mosaic Company (MOS), Nike (NKE) and SPDR S&P Biotech ETF (XBI) puts to generate more income and reduce our net debits on the positions. You can enter the second leg of today’s trades even if you were not in the previous ones. Just be aware that…
First Solar (FSLR) is up around 7% today after the Senate approved a $740 billion climate, health care and tax package that includes $374 billion in climate and energy spending. The House is expected to approve the legislation this month, potentially giving solar stocks another boost. I am recommending we roll our FSLR put out…
First Solar (FSLR) has soared more than 35% in the past week following the company’s announcement of a surprise Q2 profit and a breakthrough in the Senate on a $369 billion climate spending package that includes large tax credits for clean energy, such as solar. I am recommending we roll our put to a higher…
First Solar (FSLR) is up nearly 25% in the past two days following two big announcements. First, there was a breakthrough in the Senate on a $369 billion climate spending package that includes large tax credits for clean energy, such as solar. Second, the company reported a surprise Q2 profit of $0.52 per share on…
Our Best Buy (BBY) and First Solar (FSLR) calls are in the money and on track to be called away following big moves up in the stocks this week. I will either recommend a Best Buy put to sell next week or initiate a LEAP call recovery strategy, using the $7,000 in capital we receive…
I am recommending we roll our First Solar (FSLR), Mosaic Company (MOS), Nike (NKE) and The Trade Desk (TTD) calls to generate more income and reduce our cost basis on the positions. FSLR Jul Monthly (7/15) 70 Call Current Stock Price: $68.54 Cost Basis: $82.64 Action: Buy to close the FSLR Jul Monthly (7/15) 70…
I am recommending we roll our Best Buy (BBY), First Solar (FSLR) and Mosaic Company (MOS) calls out two weeks to generate more income and reduce our cost basis on the positions. We continue to target a mix of cash and appreciation. These stocks are trading 3% to 6% lower than when we sold calls…
