SolarEdge (SEDG) Is A Bright Light In Bullish Earnings

SolarEdge (SEDG) is a solar panel company. Caroline Woods and Alex Coffey discuss SEDG as its earnings were released yesterday, November 7th. They talk about how EPS missed, but revenue popped thanks to European sales. They note that SEDG is raising prices to offset currencies. Caroline also notes that analysts say SEDG could have a lot of upside potential coming from even the less bullish analysts. Alex then demonstrates an example trade using SEDG. The trade type is a skewed call butterfly and the direction is bullish. Tune in to find out more about the stock market today.