Solar Fun

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SOLF has to remain above $5 for this upward move to remain possible. This enables an incredibly small stop loss for this trade. Given the volatility associated witht his type of resistance level. It would be wise to have a stop closer to $4 in order to avoid getting stopped out unecessarily. The December 7.50 or 5.00 calls are suitable for this trade.

Strike Symbol Last Bid Ask Theo Value OI Delta Theta
5.00 QFGLA 1.60 1.25 1.40 1.478 80 .6601 .0042
7.50 QFGLU 0.66 0.55 0.70 0.77 291 .4221 .0045
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Solar Fun Update July 28, 2009

Strike Symbol Last Bid Ask Theo OI Delta Theta
5.00 .QFGLA 2.65 2.40 2.85 2.774 65 .8225 -.0040
7.50 .QFGLU 1.25 1.25 1.55 1.549 324 .5904 -.0059