Super Micro Computer surged 23% and Scott Bauer’s instinct was to fade it. He joined Fox Business to walk through exactly how he is positioning around the move using a strategy most traders have never heard of.
Scott covers:
- Why his first instinct on a 23% gap up in SMCI was to fade the news entirely
- The options strategy he used to put on a completely bearish trade for zero cost
- How he structured the trade to cap his risk on both sides heading into earnings
- Why he chose spreads over outright options to keep himself from having unlimited downside



