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 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 16 uncommon options trades for Super Micro Computer.
This isn't normal.
The overall sentiment of these big-money traders is split between 43% bullish and 43%, bearish.
Out of all of the special options we uncovered, 8 are puts, for a total amount of $611,205, and 8 are calls, for a total amount of $1,044,985.
Projected Price Targets
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $30.0 and $74.0 for Super Micro Computer, spanning the last three months.
Insights into Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
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 activity within a strike price range from $30.0 to $74.0 in the last 30 days.
Super Micro Computer Option Activity Analysis: Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SMCI | CALL | TRADE | BEARISH | 02/21/25 | $4.1 | $4.0 | $3.95 | $36.00 | $683.3K | 25.5K | 1.7K |
| SMCI | CALL | TRADE | BEARISH | 02/21/25 | $3.2 | $3.15 | $3.15 | $40.00 | $143.9K | 10.1K | 576 |
| SMCI | PUT | SWEEP | BULLISH | 01/17/25 | $2.72 | $2.62 | $2.61 | $32.00 | $130.5K | 4.5K | 500 |
| SMCI | PUT | TRADE | BEARISH | 01/17/25 | $3.3 | $3.2 | $3.3 | $33.00 | $115.5K | 2.7K | 351 |
| SMCI | PUT | TRADE | BEARISH | 01/17/25 | $2.22 | $2.17 | $2.2 | $31.00 | $109.7K | 3.3K | 501 |
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.
Present Market Standing of Super Micro Computer
- With a trading volume of 3,716,669, the price of SMCI is up by 0.26%, reaching $32.48.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 14 days from now.
Unusual Options Activity Detected: Smart Money on the Move
Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. Click here for access.
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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