Fast Money's Solar Trades
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Created by barrons3
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Date updated:06-23-2009

Considering the industry is at its infancy and solar stocks are notoriously volatile, how should you trade the space?

symbol name last price % change open
  • +
  • FSLR
    First Solar
  • $121.18
  • +0.04%
  • $119.89

Options trader Jared Levy tells the desk he likes First Solar (FSLR). “It’s a best of breed play,” he says. “And they’ve got all their ducks in a row. I'm a buyer.” How’s he playing it? "Get long by selling the July 150 puts -- that allows you buy stock cheaper,” he counsels.

People owning FSLR also tend to own: CNXTEWZIFNIFUE.OBMMCAMXCHL

TheStreet.com Rating: B- What is this?

  • +
  • STP
    Suntech Power Hld
  • $15.18
  • -5.07%
  • $15.63

Seymour said he liked Suntech Power Holdings (STP) for its photovoltaic cells, which, he said, are expected to do well in Asian and European markets.

People owning STP also tend to own: AMATAMTAMXBIDUFMCNKRYRACK

TheStreet.com Rating: C What is this?

  • +
  • INTC
    Intel Corporation
  • $19.24
  • -0.31%
  • $19.15

Terranova said Intel (INTC) is doing research and development on silicon solar cells for cellphones and laptops.

People owning INTC also tend to own: AAPLAMDCSCODELLGOOGIBMMSFT

TheStreet.com Rating: B What is this?

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A. Here's another one:
http://seekingalpha.com/article/173986-s
hipping-three-high-risk-high-reward-opti
ons

Also, DSX, for instance moved up after
hours.

It might depend on your timeframe. The
related indexes appear to be trending
up. (this is not a recommendation).

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