Option Update: Suntech Power and China Sunergy volatlity up into EPS

Posted May 16th 2008 11:21AM by Paul Foster
Filed under: Options, Suntech Power Hldgs ADS (STP)

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

Tags: China Sunergy, ChinaSunergy, csun, option implied volatility, OptionImpliedVolatility, stp, Suntech Power, SuntechPower

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