Mixed options sentiment in Super Micro with shares down 4.07%

Mixed options sentiment in Super Micro (SMCI), with shares down $2.06 near $48.69. Options volume relatively light with 42k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.4. Implied volatility (IV30) dropped 0.27 near 84.71,and below the 52wk median, suggesting an expected daily move of $2.60. Put-call skew steepened, indicating increased demand for downside protection.The company will report earnings after the close today. Option markets are pricing in a 50% probability of a move greater than 12.71% or $6.19.