Super Micro Computer Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Super Micro Computer (NASDAQ:SMCI) has seen unusual options activity, with a mix of bullish and bearish sentiment among investors. The stock is currently down 5.83% at $529.7, and analysts have set varied price targets, with some downgrading their ratings. The options activity suggests a focus on a price range between $435.0 and $700.0.
August 27, 2024 | 1:47 pm
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Super Micro Computer has experienced significant options activity, indicating potential price movements. The stock is currently down 5.83%, with analysts providing mixed ratings and price targets ranging from $650 to $1300.
The unusual options activity suggests potential volatility in SMCI's stock price. The mixed sentiment among investors and analysts' varied price targets indicate uncertainty in the short term. The stock's current decline and RSI indicators suggest it may be oversold, but the options activity could lead to price movements within the $435.0 to $700.0 range.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100