SMCI Options History — April 2012

In April 2012, SMCI traded between $1.67 and $1.83. ATM implied volatility averaged 32.7%, placing in the 5.3% IV rank vs the trailing year. The 30-day expected move averaged 9.4%. IV traded above realized volatility by 14.1% (HV 20d: 18.6%). Max pain ranged from $1.25 to $1.75. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 9 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2012-04-25: Highest Volume — 410 contracts
  • 2012-04-18: Largest IV spike — 65.1% change
  • 2012-04-20: Highest IV Rank — 14.2%
  • 2012-04-23: Largest Expected Move — 10.4%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.74$1.67$1.83$1.76$1.76
Max Pain$1.48$1.25$1.75$1.75$1.25
ATM IV32.7%26.0%48.0%31.9%31.5%
Expected Move9.4%8.0%10.4%9.2%9.0%
HV 20d18.6%15.2%22.1%20.5%22.1%
HV 60d24.3%23.5%26.2%26.2%24.5%
IV Rank5.3%1.4%14.2%4.9%4.6%
IV Percentile18.0%1.6%70.2%13.1%15.9%
Term Structure5.5%3.7%10.8%3.9%10.8%
VWIV33.0%29.9%36.4%31.5%29.9%
Bid-Ask Spread %56.8128.9385.4528.9366.02
Gamma HHI0.740.480.900.790.48
Net GEX6.9K2.0K13.6K6.8K3.9K
Net DEX-67.4K-111.0K-27.5K-111.0K-62.9K
Net VEX-294-396-204-396-283
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume28041000
Total OI1,7358302,0502,0501,250

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2012-04-02$1.76$1.7531.9%9.2%20.5%4.9%0.0%0.0%3.9%6.8K-111.0K-3960.0028.93001,430620
2012-04-03$1.75$1.7532.1%9.2%17.7%4.9%0.0%0.0%3.7%7.0K-106.2K-3880.0032.473001,430620
2012-04-04$1.74$1.7531.5%9.0%15.2%4.6%0.0%0.0%4.5%7.0K-100.5K-3850.0034.49001,430620
2012-04-05$1.75$1.7529.8%8.6%15.2%3.6%0.0%0.0%5.7%7.6K-106.9K-3770.0038.79001,430620
2012-04-09$1.72$1.7531.4%9.0%16.4%4.6%31.5%0.0%4.6%7.8K-80.0K-3480.0038.321001,430620
2012-04-10$1.71$1.7531.5%9.0%16.4%4.6%0.0%0.0%4.6%7.8K-70.5K-3310.0040.32001,430620
2012-04-11$1.72$1.7530.6%8.8%16.5%4.1%0.0%0.0%5.3%8.4K-75.0K-3260.0042.30001,430620
2012-04-12$1.72$1.7529.4%8.4%16.2%3.4%0.0%0.0%6.5%9.0K-72.9K-3210.0051.16001,430620
2012-04-13$1.67$1.7527.9%8.0%19.1%2.5%31.1%0.0%10.8%6.2K-27.5K-2660.0064.360501,430620
2012-04-16$1.68$1.2529.6%10.3%19.1%3.5%0.0%0.0%0.0%7.6K-35.1K-2450.0070.17001,430570
2012-04-17$1.70$1.2526.0%10.3%19.2%1.4%0.0%0.0%0.0%10.0K-40.6K-2440.0072.54001,430570
2012-04-18$1.70$1.2542.9%10.3%18.8%11.2%0.0%0.0%0.0%9.1K-52.6K-2490.0085.45001,430570
2012-04-19$1.71$1.2530.1%10.2%18.9%3.8%0.0%0.0%0.0%12.0K-42.0K-2310.0071.36001,430570
2012-04-20$1.72$1.2548.0%10.3%19.0%14.2%0.0%0.0%0.0%13.6K-57.1K-2310.0072.52001,430570
2012-04-23$1.73$1.2536.4%10.4%18.8%7.5%36.4%0.0%0.0%2.0K-43.5K-2050.0070.87500610220
2012-04-24$1.78$1.2536.0%10.3%19.9%7.2%36.1%0.0%0.0%2.1K-51.6K-2040.0062.59010610220
2012-04-25$1.82$1.2533.9%9.7%20.9%6.0%29.9%0.0%0.0%2.2K-57.9K-2080.0070.814100610230
2012-04-26$1.83$1.2531.8%9.1%20.4%4.8%0.0%0.0%0.0%4.3K-81.0K-3240.0059.38001,020230
2012-04-27$1.80$1.2531.2%8.9%20.8%4.4%0.0%0.0%0.0%4.2K-72.2K-3120.0063.39001,020230
2012-04-30$1.76$1.2531.5%9.0%22.1%4.6%0.0%0.0%0.0%3.9K-62.9K-2830.0066.02001,020230