Big Players' Recent Trades in SMCI Options

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

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with SMCI, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga's options scanner spotted 24 uncommon options trades for Super Micro Computer.

This isn't normal.

The overall sentiment of these big-money traders is split between 37% bullish and 62%, bearish.

Out of all of the special options we uncovered, 3 are puts, for a total amount of $100,320, and 21 are calls, for a total amount of $1,176,269.

Get Started

Earn 7.2% — No Matter What the Fed Does

Markets expect rate cuts — but your earnings don’t have to suffer. Lock in 7.2% until 2028 from ten individual bonds.

Get Started

Expected Price Movements

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $120.0 to $340.0 for Super Micro Computer over the recent three months.

Insights into Volume & Open Interest

Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Super Micro Computer's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Super Micro Computer's whale trades within a strike price range from $120.0 to $340.0 in the last 30 days.

Super Micro Computer Option Activity Analysis: Last 30 Days

Largest Options Trades Observed:

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.

Having examined the options trading patterns of Super Micro Computer, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Present Market Standing of Super Micro Computer

• With a trading volume of 1,446,894, the price of SMCI is down by -0.41%, reaching $284.51.
• Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
• Next earnings report is scheduled for 64 days from now.

What The Experts Say On Super Micro Computer

A total of 2 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $292.5.

• Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Super Micro Computer with a target price of $335.
• 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.