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$Super Micro Computer (SMCI.US)$ who bought the ‘dip’ yesterday?
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  • 103571511 : me

  • 104829495 : Me! Then it became dipper🥲🤣

  • Imocha3118 : same here.

  • 蛇年行好远 : More than 1.32 million contracts changed hands as of 12:21 p.m. in New York Wednesday, making SMCI the second most-active stock options, just behind $NVIDIA (NVDA.US)$'s 1.42 million contracts, exchange data tracked by moomoo showed. More than half of the SMCI trades are for put options, the heaviest volume of which are those that give the holders the right to sell the stock in two days at $42.50 each.

    The stock's slump to $33.31 on Wednesday meant put options that are expiring on Friday with a strike price of $34 or higher are now in the money. The most heavily traded contract, the $42.50 put, saw its price jump more than 2,600%.