Super Micro Meltdown As 3rd Leg Of Market Melt-Up Stool Breaks

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…

Source: SpotGamma

It appears we were right…

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