After its 250% rally over the past 21 trading days, Super Micro (SMCI) is… umm… red!
It’s been up 18 of those 21 days with the biggest daily decline being 0.6%, so this is notable…
And its 0-DTE options traders that are suddenly reversing, dumping their calls…
It appears we were right…
just one left… and it’s about to snap pic.twitter.com/W8Yyqhx04g
— zerohedge (@zerohedge) February 16, 2024
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