Smart Money Is Betting Big In SMCI Options
Portfolio Pulse from Benzinga Insights
Financial giants are making bearish moves on Super Micro Computer (NASDAQ:SMCI) with 54% of options trades showing bearish tendencies. Analysts have mixed ratings, with price targets ranging from $42 to $1000. The stock is currently down 5.46% at $45.13.

October 08, 2024 | 3:46 pm
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Super Micro Computer (SMCI) is experiencing significant bearish options activity, with 54% of trades showing bearish sentiment. Analysts have mixed ratings, with price targets ranging from $42 to $1000. The stock is currently down 5.46% at $45.13.
The article highlights a significant bearish sentiment in options trading for SMCI, with 54% of trades being bearish. This is likely to impact the stock negatively in the short term. Additionally, analysts have mixed ratings, which could contribute to volatility. The stock is already down 5.46%, indicating market reaction to these factors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100