A Closer Look at Super Micro Computer's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
The options market for Super Micro Computer (NASDAQ: SMCI) shows a bearish sentiment among large investors, with 40% of trades being bearish and 30% bullish. The stock is currently trading at $836.51, down 4.61%. Analysts have mixed ratings, with price targets ranging from $325 to $930.
July 17, 2024 | 1:46 pm
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Super Micro Computer (NASDAQ: SMCI) is experiencing a bearish sentiment in the options market, with 40% of trades being bearish. The stock is currently down 4.61% to $836.51. Analysts have mixed ratings, with price targets ranging from $325 to $930.
The bearish sentiment in the options market, combined with the stock's recent decline and mixed analyst ratings, suggests a negative short-term outlook for SMCI. The price targets from analysts also indicate uncertainty about the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100