SMCI Options History — October 2008

In October 2008, SMCI traded between $0.57 and $0.91. ATM implied volatility averaged 61.7%, placing in the 24.5% IV rank vs the trailing year. The 30-day expected move averaged 17.7%. IV traded below realized volatility by 34.6% (HV 20d: 96.2%). Max pain ranged from $0.50 to $0.75. Net GEX was positive for 20 of 23 trading days. Put/call ratio averaged 0.03.

Notable Days

  • 2008-10-29: Highest Volume — 390 contracts
  • 2008-10-09: Largest IV spike — 315.5% change
  • 2008-10-09: Highest IV Rank — 100.0%
  • 2008-10-09: Largest Expected Move — 55.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.72$0.57$0.91$0.91$0.63
Max Pain$0.65$0.50$0.75$0.50$0.75
ATM IV61.7%46.0%193.4%49.7%63.3%
Expected Move17.7%13.2%55.5%14.2%18.1%
HV 20d96.2%62.5%123.5%62.5%123.5%
HV 60d69.0%49.7%86.3%49.7%82.5%
IV Rank24.5%12.6%100.0%23.9%22.8%
IV Percentile78.8%34.7%100.0%57.9%94.4%
VWIV55.3%38.9%90.4%52.8%90.4%
Bid-Ask Spread %96.1772.51200.0084.2778.84
Gamma HHI0.690.501.000.870.50
Net GEX339-1431.0K277613
Net DEX-35.8K-77.1K8.6K-77.1K-16.5K
Net VEX-124-176-73-73-147
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.030.000.110.000.11
Total Volume57.826039000
Total OI1,586.9571,1702,1201,1702,120

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2008-10-01$0.91$0.5049.7%14.2%62.5%23.9%0.0%0.0%0.0%277-77.1K-730.0084.2700960210
2008-10-02$0.89$0.5050.6%14.5%62.8%24.9%0.0%0.0%0.0%310-73.0K-800.0079.8400960210
2008-10-03$0.88$0.5052.8%15.1%62.8%27.0%52.8%0.0%0.0%310-71.9K-850.0081.492000960210
2008-10-06$0.77$0.5051.7%14.8%77.6%25.9%0.0%0.0%0.0%560-56.0K-1160.0086.69001,060210
2008-10-07$0.73$0.5051.6%14.8%78.2%25.8%0.0%0.0%0.0%615-47.0K-1230.0076.92001,060210
2008-10-08$0.68$0.5046.6%13.3%80.1%20.9%39.9%0.0%0.0%577-39.3K-1110.00105.480101,060210
2008-10-09$0.67$0.50193.4%55.5%79.4%100.0%0.0%0.0%0.0%692-28.4K-860.00200.00001,060210
2008-10-10$0.71$0.500.0%0.0%85.6%0.0%0.0%0.0%0.0%1.0K-36.3K-960.00200.00001,060210
2008-10-13$0.80$0.5056.0%16.1%96.9%18.5%56.2%0.0%0.0%471-61.6K-1000.0085.0903001,060210
2008-10-14$0.79$0.7551.4%14.7%95.7%15.8%0.0%0.0%0.0%110-52.4K-1370.00112.95001,060510
2008-10-15$0.71$0.7555.6%15.9%100.5%18.3%55.6%0.0%0.0%225-33.8K-1460.0075.792001,060510
2008-10-16$0.78$0.7553.6%15.4%106.6%17.1%53.6%0.0%0.0%167-49.2K-1460.0075.0902101,060510
2008-10-17$0.78$0.7554.1%15.5%103.8%17.4%0.0%0.0%0.0%-113-42.8K-1700.0075.91001,060720
2008-10-20$0.79$0.7553.1%15.2%104.4%16.8%0.0%0.0%0.0%-143-48.7K-1600.0089.01001,060720
2008-10-21$0.76$0.7555.4%15.9%105.1%18.2%55.4%0.0%0.0%-99-37.1K-1660.0079.4510001,060720
2008-10-22$0.67$0.7554.2%15.5%110.9%17.5%0.0%0.0%0.0%176-13.2K-1500.0089.05001,160720
2008-10-23$0.69$0.7553.4%15.3%111.0%17.0%0.0%0.0%0.0%116-18.6K-1590.0082.38001,160720
2008-10-24$0.61$0.7554.9%15.8%115.4%17.9%0.0%0.0%0.0%267-1.8K-1330.0087.70001,160720
2008-10-27$0.60$0.7546.0%13.2%111.3%12.6%38.9%0.0%0.0%3128.6K-790.00113.9001001,160720
2008-10-28$0.57$0.7563.4%18.2%108.4%22.9%0.0%0.0%0.0%4063.7K-1000.0095.19001,160620
2008-10-29$0.57$0.7576.5%21.9%108.5%30.7%90.4%0.0%0.0%344-1.4K-1220.1172.51350401,160620
2008-10-30$0.66$0.7569.8%20.0%122.8%26.7%0.0%0.0%0.0%585-29.9K-1760.0084.46001,500620
2008-10-31$0.63$0.7563.3%18.1%123.5%22.8%0.0%0.0%0.0%613-16.5K-1470.0078.84001,500620