Moderately bullish activity in Super Micro with shares up 2.08%

Moderately bullish activity in Super Micro (SMCI), with shares up 59c, or 2.08%, near $29.02. Options volume relatively light with 22k contracts traded and calls leading puts for a put/call ratio of 0.53, compared to a typical level near 0.57. Implied volatility (IV30) is higher by 0.0 points near 84.14,in the top quartile of the past year, suggesting an expected daily move of $1.54. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Super Micro (SMCI) will report earnings after the close on 2026-05-05.Option markets are pricing in a 50% probability of a move greater than 10.99% or $3.19.