Whales with a lot of money to spend have taken a noticeably bullish stance on First Solar.
Looking at options history for First Solar (NASDAQ:FSLR) we detected 35 trades.
If we consider the specifics of each trade, it is accurate to state that 40% of the investors opened trades with bullish expectations and 40% with bearish.
From the overall spotted trades, 11 are puts, for a total amount of $868,069 and 24, calls, for a total amount of $1,349,224.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $110.0 and $340.0 for First Solar, spanning the last three months.
Volume & Open Interest Development
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in First Solar’s options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to First Solar’s substantial trades, within a strike price spectrum from $110.0 to $340.0 over the preceding 30 days.
First Solar Call and Put Volume: 30-Day Overview

Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| FSLR | PUT | TRADE | NEUTRAL | 02/20/26 | $9.95 | $9.15 | $9.55 | $240.00 | $191.0K | 91 | 408 |
| FSLR | PUT | SWEEP | BULLISH | 02/20/26 | $9.3 | $8.95 | $8.95 | $240.00 | $179.0K | 91 | 205 |
| FSLR | CALL | TRADE | BEARISH | 02/20/26 | $24.0 | $21.6 | $22.28 | $280.00 | $111.4K | 241 | 58 |
| FSLR | PUT | TRADE | BEARISH | 12/26/25 | $10.4 | $8.75 | $10.4 | $280.00 | $104.0K | 155 | 346 |
| FSLR | CALL | TRADE | BULLISH | 03/20/26 | $10.0 | $9.55 | $10.0 | $340.00 | $100.0K | 758 | 100 |
About First Solar
First Solar designs and manufactures solar photovoltaic panels, modules, and systems for use in utility-scale development projects. The company’s solar modules use cadmium telluride to convert sunlight into electricity. This is commonly called thin-film technology. First Solar is the world’s largest thin-film solar module manufacturer. It has production lines in Vietnam, Malaysia, the United States, and India.
After a thorough review of the options trading surrounding First Solar, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Current Position of First Solar
- With a trading volume of 2,053,059, the price of FSLR is down by -0.91%, reaching $282.01.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 63 days from now.
What Analysts Are Saying About First Solar
In the last month, 1 experts released ratings on this stock with an average target price of $285.0.
Unusual Options Activity Detected: Smart Money on the Move
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* An analyst from Wells Fargo persists with their Overweight rating on First Solar, maintaining a target price of $285.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for First Solar, Benzinga Pro gives you real-time options trades alerts.


