Can Suss MicroTec AG’s Tomorrow Be Different? Option Trader Are Very Bullish

 Can Suss MicroTec AG's Tomorrow Be Different? Option Trader Are Very Bullish

In today’s session Suss MicroTec AG (SMH) registered an unusually high (419) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the February, 2017 call, expecting serious SMH increase. With 419 contracts traded and 30544 open interest for the Feb, 17 contract, it seems this is a quite bullish bet. The option with symbol: SMH170217C00072000 closed last at: $2.15 or 7.5% up. The stock last traded at EUR 7.06 per share. It is down 31.89% since April 22, 2016 and is uptrending. It has outperformed by 26.49% 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 notable recent Suss MicroTec AG (ETR:SMH) news were published by: Businesswire.com which released: “SUSS MicroTec Launches Coat and Develop Solution for Advanced Packaging …” on September 06, 2016, also Businesswire.com with their article: “Supervisory Board Appoints Dr. Franz Richter as new President and Chief …” published on August 30, 2016, Businesswire.com published: “SÃœSS MicroTec Receives Large Volume Order for Lithography Projection Scanners” on September 24, 2015. More interesting news about Suss MicroTec AG (ETR:SMH) were released by: Businesswire.com and their article: “SUSS MicroTec and NuFlare Technology agree on collaboration” published on January 20, 2015 as well as Businesswire.com‘s news article titled: “Global Optical Coatings Market Report 2016-2021 – Analysis, Technologies …” with publication date: June 16, 2016.

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