Solarfun Power (NASDAQ: SOLF) is recently down $4.81 to $21.66. Goldman Sachs says, "Premium valuation unwarranted; downgrade to Sell." SOLF manufactures PV cells and PV modules. SOLF June option implied volatility of 100 is below a level of 127 prior to Q1 EPS on May 21 and near its 26-week average of 99 according to Track Data.

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

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

Solarfun Power (NASDAQ: SOLF) is scheduled to report Q1 EPS on May 21.

SOLF, a manufacturer of PV cells and PV modules, closed at $22.84 Friday.

SOLF June option call implied volatility is at 123, puts are at 134; above its 26-week average of 96 according to Track Data, suggesting larger price risk.

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

Solarfun Power (NASDAQ: SOLF) is scheduled to report Q1 EPS on May 21. SOLF over all option implied volatility of 75 is below its 26-week average of 94 according to Track Data, suggesting decreasing price risk.

Oil Services Holders (AMEX: OIH) volatility is low at 33 on $122 oil.

NASDAQ 100 (NASDAQ: QQQQ) overall implied volatility is at 24; the 26-week average is 28.

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

IPOs tentatively scheduled to price during the week of December 18, 2006 include:

• Artes Medical (ARTE), a medical company that's developing injectable aesthetic products for dermatology and plastic surgery products. ARTE has a $12.00-$14.00 filing range.
  
• Dayton Superior (DSUP), a provider of specialized products for the construction market; filing range: $13.00-$15.00.
• Fuwei Films (FFHL), [Note: FFHL possibly will price the week of December 18], a manufacturer of specialized plastic for packaging and imaging; filing range: $8.00-$12.00.
  
• Melco PBL Entertainment (MPEL), a developer of casino gaming and entertainment resort facilities; filing range: $16.00-$18.00.
  
• Oculus Innovative Sciences (OCLS), a developer of wound / infection treatments; filing range: $12.00-$14.00.
  
• Solarfun Power (SOLF), a manufacturer of photovoltaic and PV modules; filing range: $11.50-$13.50.
  
• Transforma Acquisition (TAQ), a blank check company formed for the purpose of acquiring tech/media/telecom assets or businesses; filing price: $10.00.
  
• Universal Power Group (UPG), a supply-chain management company; filing range: $7.00-$9.00.

For the latest market intelligence on IPOs, Syndicate, and after-market trades, check out TheFLY Syndicate at www.theflyonthewall.com. [Subscription required].