Option traders moderately bearish in Super Micro (SMCI), with shares down $1.93 near $34.49. Options volume relatively light with 116k contracts traded and calls leading puts for a put/call ratio of 0.67, compared to a typical level near 0.48. Implied volatility (IV30) is higher by 5.1 points near 76.08,and below the 52wk median, suggesting an expected daily move of $1.65. Put-call skew steepened, indicating increased demand for downside protection.
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