Moderately bullish activity in Super Micro (SMCI), with shares up 64c, or 1.27%, near $50.66. Options volume roughly in line with average with 219k contracts traded and calls leading puts for a put/call ratio of 0.31, compared to a typical level near 0.38. Implied volatility (IV30) is higher by 1.0 points near 76.52,in the bottom quartile of the past year, suggesting an expected daily move of $2.44. Put-call skew steepened, indicating increased demand for downside protection.
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