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Smart Money Is Betting Big In SMCI Options

Benzinga ·  Oct 8 11:46

Financial giants have made a conspicuous bearish move on Super Micro Computer. Our analysis of options history for Super Micro Computer (NASDAQ:SMCI) revealed 53 unusual trades.

Delving into the details, we found 33% of traders were bullish, while 54% showed bearish tendencies. Out of all the trades we spotted, 15 were puts, with a value of $951,750, and 38 were calls, valued at $2,494,579.

Projected Price Targets

Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $37.0 to $53.5 for Super Micro Computer during the past quarter.

Insights into Volume & Open Interest

Looking at the...

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