ReneSola stock trades under the ticker SOL, and closed at $5.32/share on 11/20/2020.
Since September they’ve been steadily climbing higher, with a particular noteworthy positive day on 11/13/2020.
SOL Stock Price: $5.32
10 Day Moving-Average: $4.46
50 Day Moving-Average: $3.24
200 Day Moving-Average: $1.79
RSI: 72
SOL stock’s moving averages still indicate there this is more room for their share price to run.
From an options perspective, the $5 strike price for the puts & calls seems like the safest idea, as the $2.50 & $7.50 options are awfully far from the current price of the underlying contract.
Purchasing the $5 call while it continues to climb, and then perhaps buying a $5 put, or selling a $7.50 call for the following month may be worth considering, pending your own due-diligence & following how their chart looks moving into 2021.
*** I DO NOT OWN SHARES OF SOL STOCK ***