Friday, February 19, 2010

FSLR JeffAugen Plot

Below is the JeffAugen Plot for FSLR. Over the last 200 days, there were 4 upside spikes (on average of 2.72 STD), while there were 8 downside spikes over 2 STD (on average of 3.31 STD). That tells us there are more downside surprises and upside surprises, and the size of downside move were higher too. So for FSLR, if you planned to play iron condor for the earnings play, you got be careful with downside surprise. Refer to Note.





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