Behind the Scenes of Super Micro Computer's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Super Micro Computer (NASDAQ:SMCI) has seen significant options activity, with a majority of trades being bullish. The options trades suggest a focus on a price range between $440 and $700. Analysts have mixed ratings, with some downgrades and price targets around the current trading price.
September 17, 2024 | 2:01 pm
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Super Micro Computer has experienced unusual options activity, with a majority of trades being bullish. The price range focus is between $440 and $700. Analysts have mixed ratings, with some downgrades and price targets close to the current price.
The significant options activity, with a majority being bullish, suggests positive sentiment among large investors. The focus on a price range between $440 and $700 indicates expectations of price movement within this band. Despite mixed analyst ratings, the bullish options activity could lead to short-term upward price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100