SMCI Options Are Pricing a $3.77 Move: The Chart Model Sees Upside, Positioning Doesn’t

Super Micro Computer, Inc., ticker SMCI, Sunday, October 4, 2026. The stock closed Friday at $43.69. The call: neutral, with a slight bearish tilt. The options market is pricing a range of $39.92 to $47.46 into the Friday, October 9 expiration. And the one price that breaks this read is $46. A close above $46 kills the thesis. Here's the story behind it.

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