Smart Money Is Betting Big In SMCI Options
Portfolio Pulse from Benzinga Insights
Smart money investors have shown a significant interest in Super Micro Computer (NASDAQ:SMCI) options, with a mix of bearish and bullish sentiments. Benzinga's options scanner revealed 60 unusual trades, indicating a potential price range for SMCI between $480.0 and $1500.0 over the next three months. The trading volume and open interest in SMCI options have notably increased, with a mix of put and call options being traded. Super Micro Computer, a provider of high-performance server technology, is approaching its earnings announcement, with its stock price recently up by 1.34% and trading volume at 1,917,663.
April 25, 2024 | 3:16 pm
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NEUTRAL IMPACT
Super Micro Computer has seen significant options trading activity, with a mix of bullish and bearish sentiments among smart money investors. The company is approaching its earnings announcement, and its stock price has recently increased by 1.34%.
The mixed sentiments in options trading, combined with the upcoming earnings announcement and recent stock price increase, suggest potential short-term volatility for SMCI. The significant interest from smart money investors indicates that there may be insider knowledge or expectations of future performance, which could impact the stock price. However, the mixed nature of the sentiments (bearish and bullish) makes the direction of the impact uncertain, hence the neutral score.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100