Bullish flow in Super Micro (SMCI), with shares up 80c, or 1.73%, near $47.16. Options volume roughly in line with average with 159k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.41. Implied volatility (IV30) is higher by 2.9 points near 67.59,in the bottom quartile of the past year, suggesting an expected daily move of $2.01. Put-call skew flattened, suggesting a modestly bullish tone.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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 call volume above normal and directionally bullish
- Netlist files new legal action against Samsung in U.S. ITC
- Correction: SMCI Has Not Received a Rating from Roth
- SMCI, AAPL, or DELL: Bernstein Picks the Top AI Hardware Stocks
- Apple initiated, Hershey upgraded: Wall Street’s top analyst calls