wwwPosted Feb 20th 2008 9:12AM by Paul Foster
Filed under: Options, Suntech Power Hldgs ADS (STP)
Suntech Power (NYSE: STP) is recently trading at $36.75 in pre-open trading, below its close of $45.89 (down 20%).
Thomas Weisel says: "First Glance at 4Q results and guidance; Weak guidance will likely pressure shares."
STP overall option implied volatility of 73 is near its 26-week average according to Track Data, suggesting non-directional price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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