Financial giants have made a conspicuous bullish move on Super Micro Computer. Our analysis of options history for Super Micro Computer (NASDAQ:SMCI) revealed 13 unusual trades.
Delving into the details, we found 46% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 6 were puts, with a value of $352,958, and 7 were calls, valued at $481,007.
Expected Price Movements
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $725.0 to $895.0 for Super Micro Computer over the recent three months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Super Micro Computer's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Super Micro Computer's whale activity within a strike price range from $725.0 to $895.0 in the last 30 days.
Super Micro Computer Option Activity Analysis: Last 30 Days
Significant Options Trades Detected:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| SMCI | CALL | SWEEP | BULLISH | 06/20/25 | $251.7 | $235.9 | $243.86 | $740.00 | $199.7K | 7 | 0 |
| SMCI | PUT | SWEEP | BEARISH | 05/03/24 | $12.0 | $10.4 | $12.0 | $750.00 | $120.0K | 1.7K | 170 |
| SMCI | PUT | TRADE | NEUTRAL | 05/03/24 | $135.6 | $119.6 | $127.7 | $895.00 | $63.8K | 43 | 0 |
| SMCI | CALL | SWEEP | BEARISH | 05/10/24 | $33.7 | $32.8 | $33.09 | $750.00 | $59.5K | 414 | 63 |
| SMCI | PUT | SWEEP | BEARISH | 05/03/24 | $5.6 | $5.2 | $5.6 | $725.00 | $56.0K | 473 | 606 |
About Super Micro Computer
Super Micro Computer Inc provides high-performance server technology services to cloud computing, data center, Big Data, high-performance computing, and "Internet of Things" embedded markets. Its solutions include server, storage, blade and workstations to full racks, networking devices, and server management software. The firm follows a modular architectural approach, which provides flexibility to deliver customized solutions. The Company operates in one operating segment that develops and provides high-performance server solutions based upon an innovative, modular and open-standard architecture. More than half of the firm's revenue is generated in the United States, with the rest coming from Europe, Asia, and other regions.
Following our analysis of the options activities associated with Super Micro Computer, we pivot to a closer look at the company's own performance.
Where Is Super Micro Computer Standing Right Now?
- With a trading volume of 269,066, the price of SMCI is up by 3.32%, reaching $762.82.
- Current RSI values indicate that the stock is is currently neutral between overbought and oversold.
- Next earnings report is scheduled for 96 days from now.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Super Micro Computer with Benzinga Pro for real-time alerts.