Sell FSLR (buy back short puts)

Sell FSLR via buying back short Aug 230 puts

FSLR is now down after the earnings report, despite blowout numbers, and a supportive chart formation. Stock is down 15 points since I sold the puts (was 295 now 280), but because the expected volatility dropped, the put declined in value and I can get out with a break even profit. "When in doubt, get out."

Positions: long BUD, IBM