2 Tech Stocks Respond to Nvidia's Post-Earnings Rally

Despite rising earlier in the session, SMCI was last seen down 2% to trade at $855.89. Support stemming from the 20-day moving average looks ready to contain these losses, but the $1,000 level remains as a ceiling. Plus, the stock still boasts a 418.3% year-over-year lead. Options traders are targeting both equities today. DELL has seen 112,000 calls and 56,000 puts cross the tape so far today -- five times the intraday average volume -- with the weekly 5/24 160-srike call standing out as the most popular c ...