First Solar (FSLR) Protective Put Calculator
Calculator · free · no signup · FSLRPrice a protective put, zero-cost collar, or put spread on First Solar. Annual cost, max loss, upside cap, tax treatment, auto-filled from current FSLR option chain.
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About First Solar
First Solar (FSLR) is a public Hardware company, incorporated in Delaware and headquartered in Phoenix, AZ.
Last close: $220.01 per share (as of 2026-08-18).
Equity grants at First Solar typically include restricted stock units (RSUs).
First Solar, Inc. is an American publicly traded manufacturer of solar panels. First Solar uses rigid thin-film modules for its solar panels, and produces CdTe panels using cadmium telluride (CdTe) as a semiconductor. The predecessor company, Solar Cells, Inc., was founded in 1990 by inventor Harold McMaster. In 1999, Solar Cells, Inc., was purchased by True North Partners, LLC, led by Michael Ahearn, and rebranded as First Solar, Inc.
Source: Wikipedia (CC BY-SA 4.0)
The company traces to a 1984 venture by glass manufacturer Harold McMaster and now makes thin-film cadmium telluride solar modules rather than the crystalline silicon panels most of the industry produces. That choice is the strategy: the process avoids polysilicon supply chains concentrated in China, which turned into a durable advantage once tariffs and forced-labor import rules began constraining competitors. Modules are sold to utility-scale developers under multi-year contracts, so the order backlog extends visibility well beyond a typical manufacturer. Domestic manufacturing credits under recent energy legislation flow directly to earnings. Headquarters are in Phoenix, Arizona.
Sources: sec.gov · en.wikipedia.org
OptionsAhoy is an independent tool and is not affiliated with, endorsed by, or sponsored by First Solar.
A protective put caps your downside on the FSLR position at a chosen floor; a zero-cost collar pays for that floor by capping the upside. This calculator prices both structures off the current FSLR option chain, with annual cost, max loss, and tax-treatment notes.
Example: a 5,000-share FSLR position at $220.01 is worth $1,100,050. A 1-year 30%-OTM put on that position typically runs 2-4% of position value per year (about $22,001 to $44,002) before any premium offset from a short call. The calculator prices both structures off FSLR's current option chain so you see the actual cost for your chosen floor, tenor, and cap.
All First Solar tools → · Use the generic Protect Your Stock Calculator for any company.
First Solar equity questions
- How much does it cost to hedge FSLR stock?
- The cost of a protective put depends on how far below the current price you set the floor, how long the protection lasts, and FSLR's option-implied volatility. A zero-cost collar lowers that cost by selling away some upside. The calculator above prices both structures off the current FSLR option chain and shows the annual cost, maximum loss, and tax treatment.
- Does First Solar grant ISOs, NSOs, or RSUs?
- Equity compensation at First Solar typically takes the form of restricted stock units (RSUs). Restricted stock units are taxed as ordinary income when they vest.
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