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% following Wednesday’s results, but are 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 also had 35 strikes expiring on May 8th with 22,000 trades. 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.
