Core Insights - Significant investors have adopted a bearish outlook on Canadian Solar, with 41% of trades reflecting bearish expectations compared to 23% bullish [1] - The trading activity indicates a price target range for Canadian Solar between $20.0 and $45.0 over the past three months [2] - Recent options activity shows a mix of bullish and bearish sentiments, with notable trades in both call and put options [8] Options Activity - In the last 30 days, Canadian Solar's options trading has shown fluctuations in volume and open interest, indicating investor interest at strike prices from $20.0 to $45.0 [3][4] - The largest options trades include a mix of bullish and bearish sentiments, with total trade prices for calls reaching $100.4K and $91.5K for different expiration dates [8] Company Overview - Canadian Solar Inc is a Canadian solar technology and renewable energy company, focusing on solar photovoltaic modules and battery energy storage solutions [9] - The company operates through two segments: CSI Solar, which manufactures solar modules and battery storage, and Recurrent Energy, which develops utility-scale solar power projects [9] Market Status - Current analyst ratings for Canadian Solar show a consensus target price of $19.73, with varying opinions from different analysts, including a Buy rating from UBS at $37 and a Sell rating from Citigroup at $11 [11][12] - The stock price of Canadian Solar is currently at $26.73, reflecting a 1.15% increase with a trading volume of 6,356,307 [14]
Looking At Canadian Solar's Recent Unusual Options Activity - Canadian Solar (NASDAQ:CSIQ)