A Closer Look at Super Micro Computer's Options Market Dynamics

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Investors with a lot of money to spend have taken a bullish stance on Super Micro Computer (NASDAQ:SMCI).

And retail traders should know.

We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don’t know. But when something this big happens with SMCI, it often means somebody knows something is about to happen.

So how do we know what these investors just did?

Today, Benzinga‘s options scanner spotted 53 uncommon options trades for Super Micro Computer.

This isn’t normal.

The overall sentiment of these big-money traders is split between 56% bullish and 32%, bearish.

Out of all of the special options we uncovered, 17 are puts, for a total amount of $1,172,656, and 36 are calls, for a total amount of $2,498,211.

Projected Price Targets

After evaluating the trading volumes and Open Interest, it’s evident that the major market movers are focusing on a price band between $20.0 and $60.0 for Super Micro Computer, spanning the last three months.

Analyzing Volume & Open Interest

Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Super Micro Computer’s options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Super Micro Computer’s significant trades, within a strike price range of $20.0 to $60.0, over the past month.

Super Micro Computer 30-Day Option Volume & Interest Snapshot

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Ask Bid Price Strike Price Total Trade Price Open Interest Volume
SMCI CALL SWEEP BULLISH 06/18/26 $3.35 $3.25 $3.35 $40.00 $335.1K 3.7K 2.0K
SMCI CALL SWEEP BULLISH 02/13/26 $2.25 $2.15 $2.25 $32.00 $329.1K 5.4K 1.5K
SMCI CALL TRADE BEARISH 12/17/27 $12.0 $11.8 $11.8 $35.00 $186.4K 561 174
SMCI PUT SWEEP BULLISH 01/23/26 $1.5 $1.43 $1.44 $31.00 $156.4K 1.9K 2.4K
SMCI CALL SWEEP BEARISH 12/17/27 $14.65 $13.55 $13.55 $30.00 $135.5K 418 205

About Super Micro Computer

Super Micro Computer Inc provides high-performance server technology services to cloud computing, data centers, high-performance computing, and the Internet of Things embedded markets. Its solutions include servers, storage systems, modular blade servers, workstations, full-rack scale solutions, networking devices, server sub-systems, and server management. These turn-key solutions are designed, developed, validated, and installed for AI datacenters. The company has one operating segment that develops and provides high-performance server solutions based upon a, 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.

Having examined the options trading patterns of Super Micro Computer, our attention now turns directly to the company. This shift allows us to delve into its present market position and performance

Current Position of Super Micro Computer

  • Currently trading with a volume of 30,668,188, the SMCI’s price is down by -4.79%, now at $31.07.
  • RSI readings suggest the stock is currently may be approaching overbought.
  • Anticipated earnings release is in 21 days.

Professional Analyst Ratings for Super Micro Computer

In the last month, 3 experts released ratings on this stock with an average target price of $32.0.

  • Consistent in their evaluation, an analyst from Mizuho keeps a Neutral rating on Super Micro Computer with a target price of $31.
  • An analyst from Citigroup has decided to maintain their Neutral rating on Super Micro Computer, which currently sits at a price target of $39.
  • An analyst from Goldman Sachs has revised its rating downward to Sell, adjusting the price target to $26.

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.

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