Super Micro Computers (SMCI) is a proxy play on Nvidia (NVDA). The SMCI stock price is up 215% year-to-date. A Wedbush analyst stated that there is no near-term negative catalyst for the stock. George Tsilis says that the SMCI options volatility is extremely high. Tsilis discusses an example iron condor options trade on Super Micro Computers with a neutral outlook.
Trading 360
23 Aug 2023
SHARE