First Solar Mar10 Position

First Solar MAR10 Naked Put

February 24th, 2010. Posted by ThetaTrader

99.66 (-5.45)

02/25/2010 – ThetaOptions Margin Portfolio – Adjusting MAR10 Position

First Solar is tkaing another pounding this morning, it’s already down %5 this morning. That brings us down from 126-99 since earnings last week. Can you imagine how the professional analysis might feel right now after upgrading FSLR right before the earnings announcement last week.  Anyhow, we’re selling some more naked PUTs down here today. FSLR will find its MARCH support level soon enough, hopefully it’s above our strike pattern :-) Read the rest of this entry »

First Solar FEB 2010 Strangle – Profit $248

January 5th, 2010. Posted by ThetaTrader

125.44 (+1.22)

02/18/2010 – ThetaOptions Margin Portfolio – FEB FSLR Strangle Closed

There no sense waiting for the earnings report tonight, so the (MP) decided to buy back the short PUTs now. Although we seriously doubt the stock will drop below $90 tomorrow :-) We original opened this wide strangle for $300 credit & made one adjustment a few weeks ago. Read the rest of this entry »

First Solar Strangle – CLOSED

December 8th, 2009. Posted by ThetaTrader

01/06/2010 – ThetaOptions Margin Portfolio - Trade CLOSED – Profit $235

Once again with only $20 left to collect after we deduct the assignment fees; we’ve deciced to free up the margin & close down this trade now for $235 profit.

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