Call Options on SEDG on 4/13/2018

SolarEdge Technologies, Inc. (SEDG) designs, develops, and sells direct current (DC) optimized inverter systems for solar photovoltaic (PV) installations in Israel, the United States, the Netherlands, Europe, and internationally.

The company's DC optimized inverter systems include power optimizers and inverters, as well as a cloud-based monitoring platform.

Its products are used in a range of solar market segments, such as residential, commercial, and small utility-scale solar installations.

The company sells its products directly to solar installers, as well as engineering, procurement, and construction firms; and indirectly to solar installers through distributors and electrical equipment wholesalers, as well as PV module manufacturers.

Shares are heading higher in an upward trading channel. 

52-Weeks Trading Range: $15.25 to $59.20

Entry Point:  $55.15

Trade Buy 1 May $55.00 Call at $3.75 For a net debit of $3.75 Profit/Loss Analysis Breakeven at $58.75 Maximum profit is unbounded Maximum loss is ($375.00) at strike of $55.00 Closing Summary Sold 1 May $55.00 Call at $11.50

Position closed on 5/18/2018 at price of $11.50 with a 206.67% gain in 35 days.

Updates

5/18/2018 10:49:13 AM

SEDG $55 call option sold for $11.50

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