Bullish option flow detected in Super Micro with 17,160 calls trading, 1.7x expected, and implied vol increasing almost 2 points to 62.61%. 9/1 weekly 290 calls and 9/22 weekly 270 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.43. Earnings are expected on October 31st.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on SMCI:
- Unusually active option classes on open August 24th
- Super Micro raised, Dick’s Sporting downgraded: Wall Street’s top analyst calls
- Wedbush upgrades Super Micro to Neutral after ‘upbeat’ outlook
- Super Micro Computer upgraded to Neutral from Underperform at Wedbush
- Unusually active option classes on open August 11th