Playing a Solar Blaster
Add SOLF Calls
Dear Bottarelli Research Member,
Today, we’re going to play a company that I’ve had tremendous fun trading in the past as they approach their earnings report. This stock is constantly beaten up by many investment talk shows (like Fast Money on CNBC). The last time they scoffed at this company, we made about 200% just on the stock alone. Then, as their latest round of earnings came out, I silently played it again (using options) and scored another huge return over 150%. Now, it’s time to play it once again!
The company is SolarFun Power Holdings (SOLF – NASDAQ), and I want to use an extended January expiration to make an upside call play. Specifically, I like the SOLF January 17.50 Calls (QFG AW), which are currently trading between $1.65 and $1.85 per contract. Let’s move on it now!
PLAY: Buy the SOLF January 17.50 Calls (QFG AW) at market, good for the day.
Then, just sit back and watch things unfold.
Sincerely,
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