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Friday Options Outlook (Update): SOLF, TIN, MYGN, MSFT, DNA, DRYS, HRS, DO, JCG, HHH
Posted on May 16, 2008
SolarfunPower Holdings Co. (SOLF) Theweek in option trading is wrapping up much as it began with tenaciousvolatility in the Chinese solar power stocks. Making waves today is Solarfun Power Holdings Co. where shares are up 15.5% to $21.34 and impliedvolatility at nearly 135% virtually eclipses the 85% historic reading. Thecompany, which is due to report earnings next week, has lost more than a thirdof its share price so far this year as short interest has ballooned to morethan 15 million shares more than a quarter of the shares outstanding asof late January. The fact that twice as ...
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