Option traders moderately bearish in Super Micro (SMCI), with shares down $1.31 near $31.11. Options volume relatively light with 87k contracts traded and calls leading puts for a put/call ratio of 0.62, compared to a typical level near 0.4. Implied volatility (IV30) is higher by 2.8 points near 70.99,and below the 52wk median, suggesting an expected daily move of $1.39. Put-call skew steepened, indicating increased demand for downside protection.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SMCI:
- Option traders moderately bearish in Super Micro with shares down 4.06%
- Mixed options sentiment in Super Micro with shares up 0.25%
- Why Super Micro Computer Stock (SMCI) Jumped 8%
- Early notable gainers among liquid option names on February 19th
- Mixed options sentiment in Super Micro with shares down 1.23%