Your position in JA Solar Holdings Co. Ltd. (Nasdaq: JASO) jumped over the past two days on news that it is in talks to set up an industry fund of more than $290 million for solar power projects.
With your June $9.00 call options (JASO150619C00009000) up 52.17%, sell half of your options here to lock in these solid gains.
You already raised your stop on Monday to lock in at least a 10% gain in JA Solar’s stock, which is up 17.66% as of yesterday’s close.
With China-based JA Solar benefiting from the current mania in Chinese stocks, hold on to the rest of your options for potentially bigger gains ahead.
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