Super Micro Computer has been sliding for almost a year, and one options trader seems to be following the trend.
Individuals
Institutional
Call toll-free 800.328.1267
Market Insights
Opportunity knocks for those with trading in their DNA.
Curiosity creates opportunity. Insights create strategy. Born traders create their destiny.
Option Alert: Can Micron Rebound?
Micron Technology has struggled along with other chip stocks lately, but one trader is positioning for a rebound. Check out this unusual options activity yesterday: 17,000 July 120 calls were purchased for $3.80. 17,000 July 130 calls were sold for $2.54. Volume was...
AI Lifted Stocks Last Week. Now It’s Punishing Them
AI news lifted stocks last week, but now it’s driving them lower. The S&P 500 rose 1.7 percent in the holiday-shortened period between Friday, January 17, and Friday, January 24. It was the second straight positive week, establishing the index above 6,100 for the...
Is Apple the Next Intel?
Downloads are available here. TradeStation’s ideas on TradingView are available here. Check out our next “State of the Market,” on Monday, 1/27. Sizing Up the S&P 500 S&P 500 returns to 6,100 short-term indicators go bullish MACD rising 8-day EMA above 21-day...
Chips Push Higher Before Big Tech Earnings
Fourth-quarter earnings season has begun. Financials were the first major sector to report and the agenda will soon turn to large technology companies like Microsoft and Apple. This article will cover some key dates and recent news on these major growth stocks. It...
Stocks May Be Climbing Another Wall of Worry
Sellers tried to hammer the stock market last week, but buyers came out of the woodwork instead. The S&P 500 initially had bearish momentum, falling almost 1 percent in the first minute of trading on Monday, January 13. The move briefly erased the entire rally...
Are 3 Months of Consolidation Ending?
Downloads are available here. TradeStation’s ideas on TradingView are available here. Check out our next “State of the Market,” on Monday, 1/27. Sizing Up the S&P 500 S&P 500 rallies 1.8%, the most since 11/6 (day after election) Potential bullish flag after...
Chart of the Day: Kroger Pulls Back
Kroger jumped to a new record high one month ago, and now dip buyers may eye its recent pullback. The first pattern on today’s chart is the April high of $58.34. The grocery chain tested $0.01 below it last week before stabilizing. Has old resistance become ... For...
Hawkish News Is Slamming the Stock Market
Stocks keep falling as hawkish news and rising yields hammer sentiment. The S&P 500 declined 1.9 percent between Friday, January 3, and Friday, January 10. (There were only four sessions because of former President Jimmy Carter's memorial.) It was the fourth drop...