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Technology Stocks : Silicon Motion Inc. (SIMO)
SIMO 92.20+1.3%Dec 5 9:30 AM EST
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From: Elroy2/17/2023 2:39:49 PM
1 Recommendation

Recommended By
Jim50

   of 2980
 
Massive options volumes in SIMO in the past few days.

There are now 22,000 Sep $60 SIMO puts outstanding.

17,000 Sep SIMO calls.

14,000 June SIMO $50 puts

Who knows why?

And the SIMO share price is busting a move today. Why? Who knows?

The deal value remains about $108, so none of this stuff matters to us regular shareholders if the deal goes through.

Meanwhile, new products!

Silicon Motion Launches Third Generation PCIe Gen4 SSD Controller for Future TLC and QLC 3D NAND Flash

finance.yahoo.com
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