S2 Option Trader

[SyndicateTwo]

I don't think solar can do anything for Japan. But that's not the trade here. The anti-nuke crowd just got about 10 feet taller this week and solar is really the only viable alternative that works. But the trade is in regard to Europe, not Japan. Italy just last week announced they are thinking about suspending the solar subsidy. Well, not now. SOL in particular is fairly immune to this stuff because they are the maker of the wafers with over 20 long term contracts in place that alone will carry them well into 2013. Those contracts alone all but guarantee them over $2 per share, or a forward PE of 4! This Japan event will surely push that higher. Heck, it was even mentioned on Fast Money tonight as a trade. In other words, the trade is on.

You see the futures right now??? Yikes! Remember the good old days of 2008?

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