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LDK Solar (NYSE: LDK), a manufacturer of multicrystalline solar wafers, was sold off down $16.65 to $51.65. Piper Jaffray said "We have confirmed that the LDK financial controller recently left the company." LDK October option implied volatility of 133 was above its 12-week average of 69 according to Track Data, suggesting larger risk.


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

Option update 10-3-07: LDK Solar (LDK) implied volatility spikes as LDK sells off 24% originally appeared on BloggingStocks on Wed, 03 Oct 2007 16:36:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>Chinese solar panelsChineseSolarPanelsEnergy billEnergyBillfinancial controllerFinancialControllerMomentum investorsMomentumInvestorsmulticrystalline solar wafers,MulticrystallineSolarWafers,option implied volatilityOptionImpliedVolatilityPiper JaffrayPiperJaffraysolar cellssolar energySolarCellsSolarEnergytradersvolatility SpikesVolatilitySpikesWed, 03 Oct 2007 16:36:00 EST