May. 12 at 4:51 AM
$FSLR massive long-dated put as solar stocks surge on tariff tailwinds — FSLR at
$219.38, up 68% in the past year.
+2,583 FSLR 100 21 JAN 2028 260.00 PUT @ 71.75, for
$18,533,025 total deltas.
$18,533,025 ×
$219.38 =
$4,064,793,045 in dollar exposure. 2,583 contracts with nearly 2 years of runway — this is a massive institutional position. First Solar reported strong Q1 2026 results, reaffirmed full-year guidance, and saw analyst upgrades due to tariff benefits. The 260 strike is 18.5% above current price — this put pays off if FSLR gives back its gains or fails to hold the move.
Someone is making a
$4 billion dollar bet against the solar rally continuing through January 2028.
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