Mixed options sentiment in Super Micro (SMCI), with shares down $1.76 near $39.55.Options volume relatively light with 223k contracts traded and calls leading puts for a put/call ratio of 0.51, compared to a typical level near 0.46. Implied volatility (IV30) dropped 1.26 near 74.41,in the bottom quartile of the past year, suggesting an expected daily move of $1.85. Put-call skew steepened, indicating increased demand for downside protection.
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