Super Micro Computer Unusual Options Activity For April 09
Portfolio Pulse from Benzinga Insights
Super Micro Computer (NASDAQ:SMCI) has seen a mix of bullish and bearish options trading activity, with a slight lean towards bearish sentiment. The trading range for the stock is projected between $800 and $1820 over the next three months. The largest trades observed include both bullish and bearish positions, with significant amounts invested. The company, specializing in high-performance server technology, is currently trading at $926.0, down by -0.27%. Analysts have set an average price target of $1243.33, with ratings ranging from Buy to Overweight.
April 09, 2024 | 2:16 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Super Micro Computer has experienced mixed options trading activity, with a slight preference for bearish positions. The stock is currently down by -0.27%, trading at $926.0. Analysts have set an average price target of $1243.33, indicating potential upside.
The mixed options activity with a bearish lean suggests uncertainty among investors, which could lead to short-term volatility. However, the analyst ratings and the current trading price compared to the target price indicate potential for growth, balancing the short-term outlook to neutral.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 100