Super Micro Options Implied 12.51% Earnings Move as Calls Led
Photo: TokenPost
Tuesday's options pricing for Super Micro Computer (SMCI) shares implied a 12.51% move around earnings, with calls outpacing puts in contracts expiring Nov. 6 this week. The implied range for the shares was about $27.70 to $35.62. SMCI rose more than 4% Tuesday to about $31.66. The 12.51% figure reflected a possible move in either direction, not a prediction of which way the stock would go. At-the-money implied volatility was 204.50%, nearly three times historical volatility. Calls exceeded puts in both trading volume and open interest.
Source: TokenPost
