Super Micro Computer Unusual Options Activity For January 12

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

And retail traders should know.

We noticed this today when the positions 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.

Today, Benzinga's options scanner spotted 8 options trades for Super Micro Computer.

This isn't normal.

The overall sentiment of these big-money traders is split between 75% bullish and 25%, bearish.

Out of all of the options we uncovered, there was 1 put, for a total amount of $26,400, and 7, calls, for a total amount of $231,650.

Latest Startup Investment Opportunities:

Predicted Price Range

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $280.0 to $380.0 for Super Micro Computer over the recent three months.

Volume & Open Interest Development

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 $280.0 to $380.0, over the past month.

Super Micro Computer 30-Day Option Volume & Interest Snapshot

Significant Options Trades Detected:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
SMCI CALL SWEEP BULLISH 01/19/24 $380.00 $48.0K 346 207
SMCI CALL TRADE BULLISH 01/26/24 $380.00 $33.0K 89 50
SMCI CALL TRADE BULLISH 01/12/24 $315.00 $32.5K 406 61
SMCI CALL TRADE BEARISH 01/19/24 $345.00 $31.2K 302 51
SMCI CALL SWEEP BEARISH 01/26/24 $340.00 $29.4K 138 15

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.

Following our analysis of the options activities associated with Super Micro Computer, we pivot to a closer look at the company's own performance.

Present Market Standing of Super Micro Computer

  • Trading volume stands at 58,283, with SMCI's price up by 0.51%, positioned at $345.05.
  • RSI indicators show the stock to be may be approaching overbought.
  • Earnings announcement expected in 18 days.

Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Super Micro Computer with Benzinga Pro for real-time alerts.

SMCI Logo
SMCISuper Micro Computer Inc
$41.822.58%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum
23.13
Growth
88.40
Quality
94.38
Value
64.58
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date of Trade
ticker
Put/Call
Strike Price
DTE
Sentiment

Comments
Loading...