Super Micro Computer's Options Frenzy: What You Need to Know
Portfolio Pulse from Benzinga Insights
Super Micro Computer (NASDAQ:SMCI) has seen a surge in options trading activity, with a significant number of calls and puts being traded. This suggests potential price movements, with investors eyeing a range from $365 to $800. Analysts have mixed ratings, with some downgrades and varied price targets.
September 09, 2024 | 2:00 pm
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Super Micro Computer has experienced unusual options trading activity, with a significant number of calls and puts indicating potential price movements. Analysts have mixed ratings, with some downgrades and varied price targets.
The unusual options activity, with a high number of calls, suggests bullish sentiment among investors. The mixed analyst ratings and varied price targets indicate uncertainty but potential for upward movement. The stock's current price and RSI suggest it may be oversold, adding to the potential for a price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100