Option traders moderately bearish in Super Micro (SMCI), with shares down 52c near $42.09. Options volume relatively light with 218k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.49. Implied volatility (IV30) is higher by 1.7 points near 57.37,in the lowest 10% of observations over the past year, suggesting an expected daily move of $1.52. 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:
- BBAI vs. VRT vs. SMCI: Which AI Stock Is Wall Street’s Best Pick?
- Moderately bullish activity in Super Micro with shares up 1.21%
- AI Daily: Altman challenges Musk with plans for Neuralink rival
- ‘Stay Long and Strong,’ Says Top Investor About Super Micro Computer Stock
- U.S. places tracking devices in high-risk AI chip shipments, Reuters reports