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Moderately bullish activity in Super Micro with shares up 1.21%

Moderately bullish activity in Super Micro (SMCI), with shares up 55c, or 1.21%, near $45.92. Options volume relatively light with 205k contracts traded and calls leading puts for a put/call ratio of 0.51, compared to a typical level near 0.49. Implied volatility (IV30) dropped 1.91 near 54.15,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.57. Put-call skew flattened, suggesting a modestly bullish tone.

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