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Option Update; Solarfun Power volatility at 127; Q1 08 revenue up 529%

Posted May 21st 2008 8:45AM by Paul FosterPaul Foster RSS Feed
Filed under: Options

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Solarfun Power (NASDAQ: SOLF) is recently up $3.71 to $28.95 in pre-open trading.

SOLF reported Q1 EPS of 32 cents versus consensus estimates of 16 cents. SOLF reported Q1 net revenue of $171 million, an increase of 529% from the fourth quarter of 2007.

SOLF is a manufactures PV cells and PV modules.

SOLF June option implied volatility of 127 is above its 26-week average of 98 according to Track Data, suggesting larger price risk.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Tags: inthenews, option implied volatility, OptionImpliedVolatility, Solarfun Power, SolarfunPower, solf

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Last updated: November 23, 2009: 12:59 PM

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