Solar panel manufacturerFirst Solar (FSLR) is up 40% over the past year, slightly edging out the overall market, although shares are well off their summer highs. One trader sees a rally in the weeks ahead. That’s based on the November 15 $245 calls. With 14 days until expiration, 12,344 contracts traded compared to a prior open interest of 190, for a 65-fold rise in volume on the trade. The buyer of the calls paid $4.35 to make the bullish bet. First Solar shares last traded for about $200, so shares would need to rise by $45 or about 22%, for the option to move in-the-money. Shares ...
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