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Brenna Hardman of MEB options reports about 5 times the normal options activity in solar stocks due to analysts reports that costs for solar panels developed in China may be reduced. Last night Jim Cramer “Boo’ed” First Solar (FSLR) and this morning a Credit Suisse analyst downgraded the whole solar sector. While Brenna believes solar is still a big industry long term, this news may set solar stocks back. Brenna focuses on Chinese ADR solar stocks, highlighting JA Solar Holdings (JASO) put options.
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WebsiteAbout: optionMONSTER® is a leading publisher of news, education, and market intelligence on options and equity trading. We deliver seasoned analysis and high-tech tools that help make the professional trader's insights accessible to everyone, thereby reducing the gap between self-directed and institutional investing. Founded in 2006 by Jon ('DRJ') Najarian and Pete Najarian, a successful pair of market makers-turned-CNBC contributors, our company also includes tradeMONSTER, a Barron's 4-star brokerage that combines the power and flexibility of industrial-strength software with the convenience and reliability of a browser-based platform.
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