Unusual Options Activity: First Solar (FSLR)

Unusual Options Activity: First Solar (FSLR)

Solar panel manufacturer First Solar (FSLR) is down 18% over the past year, and shares just broke to a new 52-week low. One trader sees further weakness into 2027. That’s based on the January 2027 $120 puts. With 658 days until expiration, 7,626 contracts traded compared to a prior open interest of 100, for a 76-fold rise in volume on the trade. The buyer of the puts paid $26.70 to make the bearish bet. First Solar recently traded for about $126…