Moderately bullish activity in Super Micro (SMCI), with shares up 84c, or 1.7%, near $49.95. Options volume relatively light with 204k contracts traded and calls leading puts for a put/call ratio of 0.46, compared to a typical level near 0.38. Implied volatility (IV30) is higher by 0.3 points near 75.53,in the bottom quartile of the past year, suggesting an expected daily move of $2.38. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMCI:
- Super Micro (SMCI) CEO Aims Europe Expansion as AI Demand Skyrockets
- Microsoft upgraded, Instacart initiated: Wall Street’s top analyst calls
- Super Micro resumed with an Underperform at BofA
- Super Micro Computer (SMCI) Broadcasts Bullish Signal Amid Stock Market Noise
- Super Micro Stock (SMCI) Jumps About 60% — Is This the Next Nvidia?