Mixed options sentiment in Super Micro (SMCI), with shares down $1.89 near $31.71. Options volume running well above average with 106k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.41. Implied volatility (IV30) dropped 0.84 near 69.59,and below the 52wk median, suggesting an expected daily move of $1.39. Put-call skew steepened, indicating increased demand for downside protection.
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