First Solar (FSLR) Offering Possible 32.98% Return Over the Next 15 Calendar Days

First Solar's most recent trend suggests a bullish bias. One trading opportunity on First Solar is a Bull Put Spread using a strike $86.00 short put and a strike $81.00 long put offers a potential 32.98% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $86.00 by expiration. The full premium credit of $1.24 would be kept by the premium seller. The risk of $3.76 would be incurred if the stock dropped below the $81.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for First Solar is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for First Solar is bullish.

The RSI indicator is at 55.02 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for First Solar

Forget Fracking, Oil Stocks Will Likely Move More On These Factors Post-Election
Tue, 03 Nov 2020 21:14:27 +0000
Whoever wins the election will help shape the U.S. energy industry for decades, but the victory will have less impact on oil stocks in the near term.

Sunrun (RUN) to Report Q3 Earnings: What's in the Cards?
Tue, 03 Nov 2020 15:00:03 +0000
Sunrun's (RUN) Q3 results are expected to reflect effects of lower order volumes, courtesy of the COVID-19 pandemic impacts.

SolarEdge (SEDG) Q3 Earnings Top Estimates, Revenues Down Y/Y
Tue, 03 Nov 2020 14:44:02 +0000
SolarEdge's (SEDG) operating expenses rise 6% year over year in the third quarter, led by higher research & development and general & administrative expenses.

Is First Solar Stock a Buy?
Tue, 03 Nov 2020 13:23:00 +0000
Shares of First Solar (NASDAQ: FSLR) recently hit a level they haven't seen in nearly a decade. The move is a little odd for a company that has shed a large chunk of its business over the last few years and doesn't have the growth opportunities some of its competitors have. It's important to first take a step back and cover what First Solar does.

What You Need to Know About First Solar Today
Mon, 02 Nov 2020 13:38:00 +0000
First Solar (NASDAQ: FSLR) stock has now gone to levels we haven't seen since nearly a decade ago, when the solar industry was just in its nascency. Today, solar energy is a more mature business and First Solar remains one of the leading manufacturers in the industry. As we digest First Solar's third-quarter earnings report, there are a few factors that I think investors need to keep in mind.

Be Sociable, Share!

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.