Traders pile into Super Micro Computer call options, signaling expectations of post-earnings volatility and potential upside.
Super Micro Computer (SMCI) shares climbed 3.5% to $32.20 Monday as options traders bet on significant price swings following Tuesday’s after-hours earnings report. Call options activity surged, reflecting bullish sentiment ahead of the release.
The stock has seen heightened volatility in recent quarters, with earnings often driving sharp moves. Analysts expect results to reflect demand trends in AI infrastructure, a key growth driver for SMCI. Comparable periods showed post-earnings moves exceeding 10% in either direction.
No immediate market reaction data was provided beyond the stock’s intraday gain and options positioning.