Fermi aumenta el 11 % en una subida intradía: ¿qué está impulsando la volatilidad?

Summary
• Fermi (FRMI) surges 11% to $8.88, hitting an intraday high of $9.22 and low of $8.02.
• Turnover jumps to 8.04 million shares, with implied volatility in options spiking to 149.91%.
• Sector leader Microsoft (MSFT) declines 2.24%, contrasting Fermi’s rally.

The Software & Services sector is in flux as Fermi defies broader tech weakness. With AI-driven speculation intensifying and options liquidity surging, traders are scrambling to decode the catalyst behind this sharp intraday reversal. The stock’s 52-week range (7.28–36.99) suggests ample room for volatility, but can this momentum hold against a bearish short-term trend?

AI Sector Momentum Drives Fermi's Volatility Amid Tech Rally
Fermi’s 11% intraday surge aligns with a broader AI sector rally, despite Microsoft’s 2.24% decline. The stock’s sharp rebound from the 52-week low of $7.28 suggests speculative buying, likely fueled by recent AI infrastructure news (e.g., SoftBank’s $4B data center acquisition and Alphabet’s AI control tower strategy). While no Fermi-specific news is cited, the options chain reveals heightened demand for out-of-the-money calls and puts, with implied volatility spiking to 149.91% on May 15, 2026 contracts. This indicates anticipation of a near-term catalyst, possibly tied to AI hardware or cloud infrastructure trends.

Software & Services Sector Splits as Fermi Defies Microsoft's Decline
The Software & Services sector is diverging sharply: while Microsoft (MSFT) declines 2.24%, Fermi’s 11% rally highlights speculative positioning in AI-related plays. This dislocation suggests investors are rotating into smaller-cap AI enablers, betting on niche opportunities amid broader tech sector consolidation. The sector’s mixed performance underscores the fragmented nature of AI-driven growth, with capital favoring high-volatility names over established leaders.

Options Playbook: Leveraging High Volatility in Fermi's Intraday Surge
• RSI: 19.60 (oversold)
• MACD: -2.82 (bearish), Signal Line: -2.96, Histogram: 0.14 (bullish divergence)
• Bollinger Bands: Price near lower band ($3.98–$17.88)
• 30D MA: 12.54 (price below)

Fermi’s technicals signal a potential rebound from oversold levels, with MACD divergence hinting at short-term reversal. The options chain offers two high-conviction plays:

1. FRMI20260220C10 (Call, $10 strike, 2026-02-20):
• IV: 143.76% (high)
• Leverage Ratio: 6.08%
• Delta: 0.515 (moderate)
• Theta: -0.021 (high time decay)
• Gamma: 0.085 (high sensitivity)
• Turnover: 14,864 (liquid)
• Payoff (5% upside): $9.32 → $0.32 gain (320% ROI).
• Why: High gamma and IV make this call ideal for a sharp rebound, with liquidity ensuring smooth entry/exit.

2. FRMI20260515C10 (Call, $10 strike, 2026-05-15):
• IV: 136.54% (high)
• Leverage Ratio: 3.52%
• Delta: 0.609 (moderate)
• Theta: -0.011 (moderate decay)
• Gamma: 0.0526 (moderate)
• Turnover: 607,077 (extremely liquid)
• Payoff (5% upside): $9.32 → $0.32 gain (320% ROI).
• Why: High turnover and moderate theta make this a safer long-term play if the rebound holds.

Aggressive bulls should prioritize FRMI20260220C10 into a break above $9.22.

Backtest Fermi Stock Performance
The performance of Fermi (NASDAQ:FRMI) after an 11% intraday surge on December 4, 2025, can be summarized as follows:1. Recent Price Surge: On December 4, 2025, FRMI saw a notable surge, with its stock price increasing by 11.1% to $16.29, hitting an intraday high of $16.66. This significant jump was accompanied by heavy trading volume, indicating heightened investor activity and interest.2. Market Sentiment: Despite the recent positive performance, FRMI has experienced a mixed year. The stock faced a -17% year-to-date return as of October 27, 2025, according to InvestingPro data. However, the recent surge suggests that investor sentiment may be improving.3. Analyst Ratings and Price Targets: Analysts have set an average price target of $31.56, with some predicting as high as $37. This indicates that analysts are generally optimistic about the stock's future performance, which aligns with the recent price surge.4. Financial Position: Fermi is positioned to build low-carbon power infrastructure for AI, with plans to deliver up to 11 GW of capacity by 2026. Despite recent quarterly losses, the company's strategic focus on AI power infrastructure could position it well for future growth.In conclusion, Fermi's performance following the 11% intraday surge reflects positive market sentiment and analyst optimism, although the stock's year-to-date performance has been mixed. The company's strategic focus on AI power infrastructure and plans for significant capacity growth suggest potential for continued growth and investor interest.

Act Now: Fermi's Volatility Presents High-Reward Options Opportunities
Fermi’s 11% intraday surge, driven by AI sector momentum and speculative options demand, signals a pivotal moment. While the short-term bearish trend persists (RSI 19.6, 30D MA at 12.54), the options data and technical divergence suggest a potential reversal. Sector leader Microsoft’s 2.24% decline highlights the sector’s fragmentation, but Fermi’s liquidity and volatility make it a compelling play. Aggressive traders should target FRMI20260220C10 if $9.22 holds, while monitoring May 15 contracts for extended positioning.