S2 Option Trader

[SyndicateTwo]

I'm taking the account $9000 'in' with the Oct $7 SOL calls tommorrow. The more I read up on this company, the more I like it. That gives us 7 months to make a damn good trade here.

As for the market, the SPX 'might' do $93 this year, on the most optimistic EPS. At 15x, that's 1395. So, with all this fed money out there floating around, and the fear of God put into the shorts, we could see that. However, fed money runs out in June and Bill Gross just went completely out of US debt saying he ain't putting his client's money at risk at only a 10 year of 3.5%. Min 5% he says before he's a buyer. Remember the rule of 10 - 30 year mortgage rates + per gallon gas near 10 = end of the biz cycle. 5% mortgage now with $4 gas = 9 now.

This nuclear stuff in Japan could bring back major solar subsidies again and this sector will explode. With SOL only trading at a PE of 4 now, major upside there.