SMCI Options History — November 2010

In November 2010, SMCI traded between $1.02 and $1.16. ATM implied volatility averaged 52.8%, placing in the 16.7% IV rank vs the trailing year. The 30-day expected move averaged 14.4%. IV traded below realized volatility by 120.3% (HV 20d: 173.1%). Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 15 of 21 days. Put/call ratio averaged 0.00.

Notable Days

  • 2010-11-23: Highest Volume — 200 contracts
  • 2010-11-08: Largest IV spike — 16.6% change
  • 2010-11-10: Highest IV Rank — 23.2%
  • 2010-11-19: Largest Expected Move — 16.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.08$1.02$1.16$1.10$1.03
ATM IV52.8%44.1%64.0%49.4%51.1%
Expected Move14.4%11.3%16.6%14.2%14.6%
HV 20d173.1%30.1%208.0%208.0%30.4%
HV 60d153.2%146.0%159.7%159.5%146.0%
IV Rank16.7%11.5%23.2%14.6%15.6%
IV Percentile61.8%23.1%85.3%47.8%53.8%
Term Structure4.0%-2.2%12.4%9.3%5.7%
Skew 25d23.3%17.2%30.5%30.5%27.9%
Skew 10d19.3%12.6%26.0%26.0%24.8%
Call IV 25d40.2%33.6%45.6%33.6%36.0%
Put IV 25d63.5%62.5%64.1%64.1%64.0%
Bid-Ask Spread %122.86117.31131.28124.76131.28
Gamma HHI0.940.701.001.000.71
Net GEX2494648746454
Net DEX-10.4K-17.9K-5.2K-5.2K-14.2K
Net VEX-161-222-123-123-208
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume19.048020000
Total OI618.095440840440840

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2010-11-01$1.10$0.0049.4%14.2%208.0%14.6%0.0%0.0%9.3%46-5.2K-1230.00124.7600240200
2010-11-02$1.15$0.0044.1%12.6%207.7%11.5%0.0%0.0%3.7%50-7.7K-1250.00123.9600240200
2010-11-03$1.15$0.0044.1%12.6%207.5%11.5%0.0%0.0%3.1%50-8.1K-1240.00124.3100240200
2010-11-04$1.16$0.0045.0%12.9%198.7%12.0%0.0%0.0%-0.1%53-8.2K-1250.00124.77100240200
2010-11-05$1.14$0.0046.4%11.7%198.5%12.8%0.0%0.0%12.4%66-7.4K-1270.00120.851000250200
2010-11-08$1.13$0.0054.1%11.3%198.0%17.4%0.0%0.0%11.9%196-12.3K-1550.00121.1500350200
2010-11-09$1.11$0.0059.9%12.6%198.2%20.9%0.0%0.0%11.5%193-10.5K-1520.00121.7900350200
2010-11-10$1.11$0.0064.0%12.9%194.6%23.2%0.0%0.0%10.6%194-10.7K-1520.00121.72900350200
2010-11-11$1.08$0.0056.0%16.1%195.1%18.5%0.0%0.0%0.3%288-12.4K-1690.00118.6100440200
2010-11-12$1.06$0.0055.8%16.0%194.6%18.4%0.0%0.0%0.3%282-11.4K-1690.00117.3400440200
2010-11-15$1.05$0.0055.4%15.9%193.6%18.2%0.0%0.0%-0.2%289-10.0K-1620.00118.6000440200
2010-11-16$1.02$0.0056.1%16.1%193.8%18.6%0.0%0.0%0.4%259-8.0K-1600.00117.3100440200
2010-11-17$1.03$0.0056.0%16.1%193.9%18.5%0.0%0.0%0.4%265-8.8K-1600.00118.2700440200
2010-11-18$1.05$0.0056.2%16.1%193.6%18.6%0.0%0.0%-0.5%288-9.7K-1600.00119.1900440200
2010-11-19$1.03$0.0057.8%16.6%193.1%19.6%0.0%0.0%-0.6%276-8.2K-1590.00118.3700440200
2010-11-22$1.04$0.0049.3%14.1%193.2%14.5%0.0%30.5%4.9%277-9.2K-1570.00129.6200440200
2010-11-23$1.04$0.0056.3%16.1%191.7%18.7%0.0%18.1%-0.6%274-9.3K-1560.00123.872000440200
2010-11-24$1.06$0.0048.0%13.8%190.6%13.8%0.0%17.3%7.3%487-17.9K-2220.00125.8800640200
2010-11-26$1.05$0.0054.1%15.5%30.1%17.4%0.0%17.2%-2.2%483-15.8K-2110.00127.1300640200
2010-11-29$1.03$0.0051.0%14.6%30.5%15.6%0.0%28.6%6.6%453-14.3K-2090.00131.2800640200
2010-11-30$1.03$0.0051.1%14.6%30.4%15.6%0.0%27.9%5.7%454-14.2K-2080.00131.2800640200