Financial giants have made a notable bearish move on Super Micro Computer. Our analysis of Super Micro Computer's options history CISM revealed 82 unusual operations.
Looking into the details, we found that 29% of traders were bullish, while 42% were bearish. Of all the trades we detected, 39 were put options, worth $2,223,818, and 43 were call options, worth $2,777,259.
Expected price movements
Considering the volume and open interest in these contracts, it appears that whales have been targeting a price range of $200.0 to $1000.0 for Super Micro Computer over the past 3 months.
Volume and Open Interest Information
Volume and open interest analysis provides crucial information for equity research. This information is key to gauging liquidity and interest levels for Super Micro Computer options at given strike prices. Below is a snapshot of volume and open interest trends for call and put options on the largest Super Micro Computer trades, within a strike price range of $200.0 to $1000.0, over the past month.
Super Micro Computer 30-Day Options Volume and Interest Summary
Major options trades detected:
| Symbol | PUT/CALL | Type of trade | Feeling | Expiration date | Ask | Tender | Price | Strike price | Total commercial price | Open interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| CISM | CALL | SWEEP | BEARISH | 10/18/24 | $32.3 | $31.7 | $31.9 | $460.00 | $ 264.6 thousand | 422 | 388 |
| CISM | CALL | TRADE | NEUTRAL | 10/18/24 | $262.6 | $260.1 | $261.35 | $200.00 | $ 261.3 thousand | 3 | 10 |
| CISM | PUT | TRADE | BEARISH | 05/16/25 | $99.9 | $99.6 | $99.9 | $470.00 | $ 209.7 thousand | 0 | 21 |
| CISM | CALL | SWEEP | NEUTRAL | 10/18/24 | $33.5 | $32.5 | $33.0 | $460.00 | $164.9K | 422 | 271 |
| CISM | CALL | SWEEP | BEARISH | 09/27/24 | 11.2 | $11.0 | $11.0 | $460.00 | $ 144.1 thousand | 1.5K | 4.4K |
About Super Micro Computer
Super Micro Computer Inc. provides high-performance server technology services for the cloud computing, data center, Big Data, high-performance computing, and Internet of Things markets. Its solutions include servers, storage, blade servers, and workstations up to full racks, network appliances, and server management software. The company follows a modular architectural approach, which provides flexibility to deliver customized solutions. The company operates in an operating segment that develops and delivers high-performance server solutions based on innovative, modular, open-standard architecture. More than half of the company's revenue is generated in the United States, with the remainder coming from Europe, Asia, and other regions.
After a thorough analysis of options trading around Super Micro Computer, we move on to examine the company in more detail. This includes an assessment of its current status and performance in the market.
Current position of the supermicrocomputer
- Currently trading with a volume of 4,105,015, the SMCI price is down -0.62% and now stands at $460.73.
- RSI readings suggest that the stock may currently be approaching overbought territory.
- Earnings release is expected in 35 days.
What analysts say about Super Micro Computer
Over the past month, 5 industry analysts have shared their thoughts on this stock, proposing an average target price of $637.0.
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A professional options trader with 20 years of experience reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have averaged a 27% profit every 20 days. Click here to access* Reflecting concerns, a Barclays analyst downgrades his rating to Equal-Weight with a new price target of $438. * A CFRA analyst downgraded the stock to Hold with a $454 price target. * A Barclays analyst revised his rating down to Overweight, adjusting the price target to $693. * A Loop Capital analyst persists with his Buy rating on Super Micro Computer, maintaining a $1000 price target. * A Needham analyst revised his rating down to Buy, adjusting the price target to $600.
Options trading presents higher risks and potential rewards. Savvy traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed on the latest Super Micro Computer options trades with real-time alerts from Benzinga Pro.
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