Traders work on the floor of the New York Stock Exchange (NYSE) on May 5, 2026 in New York City, USA.
Brendan McDiarmid | Reuters
It’s hard to find an AI stock that isn’t hitting new highs on a daily basis.
Perhaps that’s why options traders flock to super microcomputerdata center server sales rose 15% on Wednesday following the results, but were still down 49% from last year’s highs.
Options volume is skewed bullish for stocks, with almost five times as many calls as puts trading on Wednesday, with call premium accounting for about 90% of options trading value.
Three of the largest trades by value were call buyers, with one trader spending $1.4 million on 2,000 of 35 strike calls expiring on January 15 next year. The most popular contract was a 35-strike contract expiring on May 8th, with 22,000 trades made. Supermicro has not traded above that level since December.
Super microcomputer, 1 year
Supermicro’s stock price is now up almost 50% since March, when the stock plummeted 30% following reports that the U.S. Attorney’s Office for the Southern District of New York had indicted the company’s co-founders, executives and contractors on charges of smuggling Nvidia chips into China. The company itself is not named as a defendant.
Fiscal third-quarter sales were lower than expected, but Tuesday night’s profit helped turn things around after the server maker issued strong guidance.
