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Mixed options sentiment in Super Micro with shares up 0.4%

Mixed options sentiment in Super Micro (SMCI), with shares up 12c, or 0.4%, near $31.50. Options volume relatively light with 117k contracts traded and calls leading puts for a put/call ratio of 0.28, compared to a typical level near 0.45. Implied volatility (IV30) dropped 0.92 near 59.34,in the bottom quartile of the past year, suggesting an expected daily move of $1.18. Put-call skew steepened, indicating increased demand for downside protection.

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