What’s in Suss MicroTec AG After Today’s Bullish Options Activity?

 What's in Suss MicroTec AG After Today's Bullish Options Activity?

In today’s session Suss MicroTec AG (SMH) registered an unusually high (806) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the October, 2016 call, expecting serious SMH increase. With 806 contracts traded and 7444 open interest for the Oct, 16 contract, it seems this is a quite bullish bet. The option with symbol: SMH161021C00068000 closed last at: $0.7 or 27.3% up. The stock closed at EUR 7.06 during the last session. It is down 26.58% since March 15, 2016 and is uptrending. It has outperformed by 21.09% the S&P500.

Suess MicroTec AG is a Germany-based firm engaged in the development and marketing of equipment for the production of microstructuring applications. The company has a market cap of 132.21 million EUR. It operates through four divisions: Lithography, Substrate Bonder, Photomasks Equipment and Others. It has a 6.88 P/E ratio. Lithography is involved in the development, production and distribution of the production lines Mask Aligner and Coater.

More important recent Suss MicroTec AG (ETR:SMH) news were published by: Businesswire.com which released: “SÃœSS MicroTec Receives Large Volume Order for Lithography Projection Scanners” on September 24, 2015, also Reuters.com published article titled: “BRIEF-Suess microtec CEO steps down”, Businesswire.com published: “SUSS MicroTec Launches Coat and Develop Solution for Advanced Packaging …” on September 06, 2016. More interesting news about Suss MicroTec AG (ETR:SMH) was released by: Businesswire.com and their article: “SUSS MicroTec and NuFlare Technology agree on collaboration” with publication date: January 20, 2015.

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