Smart Money Is Betting Big In SMCI Options
Portfolio Pulse from Benzinga Insights
Whales are taking a bearish stance on Super Micro Computer (NASDAQ:SMCI) with significant options trades. 37% of trades are bearish, with a notable amount of puts. Analysts have mixed ratings, with Nomura lowering its rating to Neutral and Susquehanna maintaining a Negative rating.
July 29, 2024 | 3:02 pm
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Whales are taking a bearish stance on Super Micro Computer (NASDAQ:SMCI) with significant options trades. 37% of trades are bearish, with a notable amount of puts. Analysts have mixed ratings, with Nomura lowering its rating to Neutral and Susquehanna maintaining a Negative rating.
The significant amount of bearish options trades and mixed analyst ratings suggest a negative short-term outlook for SMCI. The high volume of puts indicates that major market players expect the stock price to decline.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100