A Closer Look at Super Micro Computer's Options Market Dynamics

Whales with a lot of money to spend have taken a noticeably bearish stance on Super Micro Computer.

Looking at options history for Super Micro Computer SMCI we detected 51 trades.

If we consider the specifics of each trade, it is accurate to state that 43% of the investors opened trades with bullish expectations and 56% with bearish.

From the overall spotted trades, 21 are puts, for a total amount of $1,240,209 and 30, calls, for a total amount of $1,513,033.

Get Started

Start Futures Trading Fast — with a $200 Bonus

Join Plus500 today and get up to $200 to start trading real futures. Practice with free paper trading, then jump into live markets with lightning-fast execution, low commissions, and full regulatory protection.

Get Started

Expected Price Movements

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $100.0 to $350.0 for Super Micro Computer during the past quarter.

Volume & Open Interest Trends

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Super Micro Computer's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Super Micro Computer's significant trades, within a strike price range of $100.0 to $350.0, over the past month.

Super Micro Computer Option Volume And Open Interest Over Last 30 Days

Significant Options Trades Detected:

About Super Micro Computer

Super Micro Computer Inc provides high-performance server technology services to cloud computing, data center, Big Data, high-performance computing, and "Internet of Things" embedded markets. Its solutions include server, storage, blade and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. The Company operates in one operating segment that develops and provides high-performance server solutions based upon an innovative, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.

Current Position of Super Micro Computer

• With a trading volume of 1,857,550, the price of SMCI is up by 0.62%, reaching $285.43.
• Current RSI values indicate that the stock is may be approaching overbought.
• Next earnings report is scheduled for 74 days from now.

What Analysts Are Saying About Super Micro Computer

3 market experts have recently issued ratings for this stock, with a consensus target price of $332.6666666666667.

• An analyst from Barclays persists with their Overweight rating on Super Micro Computer, maintaining a target price of $335.
• Reflecting concerns, an analyst from Nomura Instinet lowers its rating to Buy with a new price target of $413.
• An analyst from Wedbush downgraded its action to Neutral with a price target of $250.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Super Micro Computer options trades with real-time alerts from Benzinga Pro.