Last night I wrote about FSLR http://www.optionmillionaires.com/2012/fslr-a-few-more-flops-before-it-dies/ I was quick to say a rally was coming and I held the $22 and $23 calls. Today those calls were up over 180% each. You could have bought all the FSLR options at great prices this morning and joined me and others in making a sweet return. FSLR was up close to 8% at one point today and posted the second highest gain in the S&P 500 today.
In the Option Millionaire Chat Room this morning I posted the $21 calls at $.37, which was my purchase price this morning on 10 contracts. Those options hit a price of $1.35 a $370 investment into $1,350. I also bought the $20 calls at $.67, they went well over $2.00. FSLR, with 44% of the stock short, should continue to squeeze higher.