Bullish option flow detected in Super Micro with 6,252 calls trading, 5x expected, and implied vol increasing almost 8 points to 61.34%. Feb-23 100 calls and Feb-23 95 calls are the most active options, with total volume in those strikes near 2,200 contracts. The Put/Call Ratio is 0.18. Earnings are expected on May 2nd.
Published first on TheFly
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Read More on SMCI:
- Super Micro Computer price target raised to $175 from $165 at Northland
- Super Micro Computer backs FY23 EPS view of $9.00-$11.30, consensus $10.49
- Super Micro Computer sees Q3 EPS $1.88-$2.14, consensus $2.12
- Super Micro Computer reports Q2 EPS $3.26, consensus $3.03
- Super Micro options imply 9.5% move in share price post-earnings
