Moderately bullish activity in Super Micro (SMCI), with shares up 72c, or 1.38%, near $52.49. Options volume roughly in line with average with 229k contracts traded and calls leading puts for a put/call ratio of 0.58, compared to a typical level near 0.36. Implied volatility (IV30) is higher by 0.1 points near 72.94,in the bottom quartile of the past year, suggesting an expected daily move of $2.41. Put-call skew steepened, indicating increased demand for downside protection.
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