You’re Not Too Late to Consider Canadian Solar (CSIQ) Options’ 25% Quick-Fire Yield

After struggling during the post-pandemic era, solar energy firms may be getting interesting again. Case in point is Canadian Solar (CSIQ), which saw shares shoot up over 10% on Monday. Ordinarily, though, following such a robust move, the subsequent price action can be disappointing. Nevertheless, speculators may have a chance of securing some quick income from CSIQ stock options.

Fundamentally, Canadian Solar may be finding its footing. Late last week, the company’s subsidiary, CSI Solar, recently inked a turnkey engineering, procurement and construction contract, per Zacks Equity Research. The terms of the agreement involves the delivery of a 98-megawatt (MW)/312 megawatt-hour (MWh) direct current Battery Energy Storage System (BESS) to the Huatacondo project, located in Chile.