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Suntech Power (NYSE: STP) closed at $47.12 Thursday.
STP is scheduled to report Q1 EPS on May 22.
STP June option implied volatility of 80 is above its 26-week average of 73 according to Track Data, suggesting larger price movement.
China Sunergy (NASDAQ: CSUN), a manufacturer of solar cell products in China, closed at $12.58 Thursday.
CSUN is expected to report Q1 EPS on May 20.
Cowen says: "Key issues: Ramp of new cells, expense control, liquidity."
CSUN June option implied volatility of 111 is above its 26-week average of 100 according to Track Data, suggesting larger price risk.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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