Moderately bullish activity in Super Micro with shares up 0.51%

Moderately bullish activity in Super Micro (SMCI), with shares up 14c, or 0.51%, near $28.70. Options volume relatively light with 90k contracts traded and calls leading puts for a put/call ratio of 0.56, compared to a typical level near 0.56. Implied volatility (IV30) is higher by 2.4 points near 84.7,in the top quartile of the past year, suggesting an expected daily move of $1.53. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Super Micro (SMCI) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.