Super Micro Computer (SMCI) - a stock that has burned Retail Traders and Wall Street analysts, has confirmed Q2 earnings for 2/3/26 after market close.
They are forecasted to announce revenue $10-11 B and EPS $.45-$.54. At a $18B market cap, this is very attractive valuation for an AI stock, even an AI stock on the wrong end of the chip business.
However, Wall Street does not believe a word they are saying. After 2 years of earnings misses and declining margins, SMCI is poised to explode either up or down.
My completely uneducated and NOT FINANCIAL advice suggests SMCI stock is going to either $15 or $50 in the next two weeks.
Acting on this hypothesis, I have opened a 2-13-26 dated $30 straddle position.
Please balance your risk and reward and diversify your stock portfolio.