Options Corner: SMCI Earnings to "Rewrite the Story" for Momentum?
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Super Micro (SMCI) faces significant pressure from Tuesday's earnings after preliminary results sent shares tumbling. Rick Ducat highlights key support and resistance areas to watch following the report and notes that strong volatility can "rewrite the story" for the stock. He then turns to an example options trade for Super Micro. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suitable for all investors. Before trading, read the Options Disclosure Document. http://bit.ly/2v9tH6D Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www
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