Pre-Market Alert: Ring the Register on FSLR

Time to Get Paid

By Bryan Bottarelli
Monday, March 14, 2011 9:28 AM EDT
Mon, 14 Mar 2011 13:28:00 GMT

PLAY: Within the first 30 minutes of today’s trading, sell your FSLR March 140 Calls (O:FSLR 11C140.00) for the best prices available, good for the day.

Dear Bottarelli Research Member,

Good morning. The ripple effects from the devastating tsunami in Japan continue to affect the major market averages. In Tokyo, the Nikkei plummeted 6.2% on heavy volume. And earlier this morning, a hydrogen explosion exposed nuclear rods at a Tokyo power plant, which renewed fears about the status of nuclear reactors.

While the Bank of Japan infused $184 billion into the financial markets, investors are still nervous. But as a silver lining, this has been a big benefit to clean-energy stocks like First Solar (FSLR – NASDAQ). As I write, FSLR shares are up over $6.00 in premarket trading, which is a pop that I want to take full advantage of. As you know, we’ve been stubborn about holding the FSLR March 140 Calls (O:FSLR 11C140.00) right as they’ve tapped key support levels. Honestly, we’ve been waiting for this move. And this morning, we’re finally going to get the pop so I don’t want to miss it. Given what we’ve been through on this play, it’s time to ring the register. Therefore, within the first 30 minutes, sell your FSLR March 140 Calls (O:FSLR 11C140.00) for the best prices available. Then, as the markets settle in, we’ll map out our next maneuver. But for now, take your FSLR profits and run!

PLAY: Within the first 30 minutes of today’s trading, sell your FSLR March 140 Calls (O:FSLR 11C140.00) for the best prices available, good for the day.

And as always…

Lock and load!

Sincerely,

Bryan Bottarelli
Editor, Bottarelli Research

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