SMCI Options History — November 2008

In November 2008, SMCI traded between $0.39 and $0.62. ATM implied volatility averaged 80.2%, placing in the 32.9% IV rank vs the trailing year. The 30-day expected move averaged 23.0%. IV traded below realized volatility by 40.0% (HV 20d: 120.1%). Max pain ranged from $0.75 to $0.75. Net GEX was positive for 19 of 19 trading days. Put/call ratio averaged 0.00.

Notable Days

  • 2008-11-20: Highest Volume — 100 contracts
  • 2008-11-13: Largest IV spike — 75.3% change
  • 2008-11-13: Highest IV Rank — 50.5%
  • 2008-11-13: Largest Expected Move — 31.5%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$0.49$0.39$0.62$0.62$0.52
Max Pain$0.75$0.75$0.75$0.75$0.75
ATM IV80.2%50.6%109.9%50.6%75.1%
Expected Move23.0%14.5%31.5%14.5%21.5%
HV 20d120.1%100.3%137.6%114.6%126.7%
HV 60d94.4%82.5%106.4%82.5%106.4%
IV Rank32.9%15.4%50.5%15.4%29.9%
IV Percentile93.9%61.4%98.8%61.4%93.6%
VWIV89.2%71.6%98.9%97.0%71.6%
Bid-Ask Spread %94.9972.57183.78114.7790.99
Gamma HHI0.730.501.000.500.85
Net GEX5122411.2K588640
Net DEX9.3K-13.8K22.5K-6.1K12.4K
Net VEX-62-144-17-97-36
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume7.368010000
Total OI2,123.1582,1102,1302,1202,110

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2008-11-03$0.62$0.7550.6%14.5%114.6%15.4%0.0%0.0%0.0%588-6.1K-970.00114.77001,500620
2008-11-04$0.62$0.7574.4%21.3%113.8%29.4%0.0%0.0%0.0%611-13.8K-1440.0076.24001,500620
2008-11-05$0.59$0.7559.1%16.9%111.6%20.4%0.0%0.0%0.0%624-4.6K-1150.00102.47001,500620
2008-11-06$0.54$0.7573.1%20.9%114.8%28.6%0.0%0.0%0.0%5713.5K-940.0083.37001,500620
2008-11-07$0.54$0.7574.1%21.2%111.4%29.3%0.0%0.0%0.0%5674.5K-870.0082.72001,500620
2008-11-10$0.54$0.7575.3%21.6%100.3%30.0%0.0%0.0%0.0%5725.7K-820.0082.06001,500620
2008-11-11$0.52$0.7576.8%22.0%100.7%30.9%0.0%0.0%0.0%5339.8K-690.0080.97001,500620
2008-11-12$0.42$0.7562.7%18.0%114.6%22.5%0.0%0.0%0.0%33718.2K-350.00109.79001,500620
2008-11-13$0.39$0.75109.9%31.5%109.1%50.5%0.0%0.0%0.0%24113.6K-460.0072.57001,500620
2008-11-14$0.41$0.7596.7%27.7%112.8%42.7%97.0%0.0%0.0%28714.6K-430.0085.182001,500610
2008-11-17$0.46$0.7598.9%28.3%125.2%43.9%0.0%0.0%0.0%40010.9K-600.0080.26001,520610
2008-11-18$0.47$0.7596.7%27.7%126.6%42.7%0.0%0.0%0.0%43510.3K-610.0079.14001,520610
2008-11-19$0.41$0.7561.4%17.6%131.3%21.7%0.0%0.0%0.0%28821.0K-170.00110.08001,520610
2008-11-20$0.41$0.7598.4%28.2%130.9%43.7%98.9%0.0%0.0%30515.9K-360.0096.2601001,520610
2008-11-21$0.44$0.75107.3%30.8%130.3%48.9%0.0%0.0%0.0%32615.0K-440.00103.58001,520610
2008-11-24$0.48$0.7564.0%18.4%135.3%23.3%0.0%0.0%0.0%1.2K22.5K-220.00183.78001,520610
2008-11-25$0.49$0.7596.9%27.8%134.9%42.8%0.0%0.0%0.0%49611.5K-510.0079.09001,520610
2008-11-26$0.52$0.7571.7%20.6%137.6%27.8%71.6%0.0%0.0%66912.1K-380.0091.572001,520610
2008-11-28$0.52$0.7575.1%21.5%126.7%29.9%0.0%0.0%0.0%64012.4K-360.0090.99001,500610