I have never done this before and could well be made a fool of. But besides, who really cares? And who listens to me anyway? But here goes....
I predict FSLR to open up tomorrow and trade to a high of approx. $31. Then we will get a retracement back to maybe the $29 to $29.50 area. I know I'm going out a huge limb here. I don't know why I do this to myself but It's kinda fun. Just my opinion Probably wrong. Still long 1/2 position.
That sounds plausible.One thing i will ad though is if you do get your dip to $30.00. Id add there. This isn't your average action. This could just as easily fly to $32. Now that we are headed higher we will get more $2-5 days. This has so much buying pressure its crazy. I sold my Dec Calls and rolled into the Jan just for some peace of mind. I think less about the time decay and the I/V.
Plus looking at the open interest for the higher strikes in Jan lends a sense of longevity to this move. Its a perfect bull scenario backed with great chart and improving fundamentals.