Solar's were on fire the past few weeks, going into Option Expiration, Led by FSLR, which hit $300/share. Agriculture stocks, led by POT ran higher as well, with POT reaching over $200/share. Meanwhile, GOOG was flat ahead of earnings. Financials were supposedly going to report awful numbers that could send the stocks lower, and lots of puts were bough ahead of the earnings reports.
on WED 4/16, GS was down to $163, nearly filling the previous gap. On 4/17, April 180 calls were .01. On friday, 4/18, those same calls were over $2.
on WED 4/16, SPWR was up to $100 a share, ahead of thursday's earnings. April $90 puts were .50. On thursday, after a "not good enough" report, SPWR fell 12%, the puts ran up to $5.
on WED, 4/16, FSLR hit $300 a share. On thursday, FSLR fell to $280, 20pts. The April 280's and 290 puts racked up big gains.
on WED, 4/16, POT hit $200 a share. On thursday, POT fell 10pts. The 190 puts ran up nicely. On thursday, POT at $190/share, the april $200 calls fell to .20, and finished over $5 by friday, where POT closed at $204.
on Thursday 4/17, GOOG was flat, at around $450 a share. The April 500 calls fell from $1 to .10, and back to .60 right before the close. GOOG reported good numbers after the close, the stock ran up to $539 on Friday. Those same calls ran up to $40.
