Super Micro Shares Jump 5% on Bullish Options; Plans India Production
Super Micro shares surged over 5% after Thursday’s trading saw call volumes spike to around 114,000 contracts and put/call ratio drop below 0.16 following earnings rebound. The company is evaluating ‘Make in India’ production with local staffing and received a rating upgrade projecting margin expansion this year.
1. Bullish Options Propel 5% Rally
On Thursday, Super Micro shares jumped about 5% as call volumes reached approximately 114,000 contracts, nearing the 20-day average of 166,558. The put/call ratio fell under 0.16, with the busiest strikes between $32 and $33.50, amplifying the intraday momentum following the company’s post-earnings rebound.
2. India Production Strategy
Super Micro is assessing a ‘Make in India’ initiative to build AI server systems locally, exploring both in-house manufacturing and third-party partnerships. Management is adding staff in-country and engaging customers to align production capabilities with government policy and demand for hyperscale and edge applications.
3. Margin Expansion and Outlook
The company received a rating upgrade indicating margins may expand this year, supported by a recent quarterly earnings beat and operational efficiencies. Investors will watch upcoming revenue and margin metrics to gauge the durability of recovery against ongoing market volatility.