SMCI Options History — February 2013

In February 2013, SMCI traded between $1.17 and $1.27. ATM implied volatility averaged 46.3%, placing in the 13.2% IV rank vs the trailing year. The 30-day expected move averaged 13.3%. IV traded below realized volatility by 5.2% (HV 20d: 51.5%). Net GEX was positive for 19 of 19 trading days. Term structure was in contango for 5 of 19 days. Put/call ratio averaged 0.00.

Notable Days

  • 2013-02-12: Highest Volume — 250 contracts
  • 2013-02-21: Largest IV drop — 29.2% change
  • 2013-02-11: Highest IV Rank — 16.0%
  • 2013-02-11: Largest Expected Move — 14.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.23$1.17$1.27$1.26$1.17
ATM IV46.3%36.1%51.2%46.7%40.1%
Expected Move13.3%10.3%14.7%13.8%11.5%
HV 20d51.5%24.9%65.6%64.9%24.9%
HV 60d72.9%47.3%107.1%107.0%48.2%
IV Rank13.2%7.3%16.0%13.4%9.6%
IV Percentile70.3%39.7%85.3%73.8%50.4%
Term Structure-0.3%-3.9%4.8%-1.5%-0.9%
Skew 25d4.5%-3.0%10.1%6.2%-2.7%
Skew 10d7.7%0.7%12.6%7.8%9.2%
Call IV 25d42.4%33.1%48.1%41.1%45.3%
Put IV 25d46.8%40.6%53.9%47.3%42.6%
Bid-Ask Spread %119.30112.98134.08114.00134.08
Gamma HHI0.580.500.710.700.52
Net GEX329223469439266
Net DEX-24.5K-39.7K-12.9K-38.9K-12.9K
Net VEX-38-55-27-54-27
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume14.211025000
Total OI277.368160420420160

Daily Data (19 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-02-01$1.26$0.0046.7%13.8%64.9%13.4%0.0%6.2%-1.5%439-38.9K-540.00114.000037050
2013-02-04$1.23$0.0048.6%14.4%65.6%14.5%0.0%4.5%-2.3%446-36.3K-550.00114.160036050
2013-02-05$1.24$0.0051.1%14.1%65.5%16.0%0.0%3.8%-1.1%437-36.9K-550.00114.7810036050
2013-02-06$1.27$0.0049.4%14.1%62.7%15.0%0.0%9.5%-1.2%458-39.4K-500.00114.550037050
2013-02-07$1.27$0.0049.7%14.2%62.9%15.2%0.0%10.1%-2.8%439-39.7K-500.00114.6010037050
2013-02-08$1.27$0.0050.3%14.4%62.6%15.5%0.0%7.2%-2.0%434-39.7K-490.00112.980037050
2013-02-11$1.27$0.0051.2%14.7%62.5%16.0%0.0%6.2%-3.9%448-39.5K-480.00115.350037050
2013-02-12$1.24$0.0049.2%14.1%63.4%14.9%0.0%6.6%-1.1%469-38.0K-510.00115.46250037050
2013-02-13$1.25$0.0049.1%14.1%62.8%14.8%0.0%4.2%-1.8%225-16.5K-290.00116.390017050
2013-02-14$1.24$0.0049.1%14.1%63.2%14.8%0.0%3.3%-1.3%229-16.1K-290.00116.390017050
2013-02-15$1.25$0.0050.8%14.6%63.2%15.8%0.0%7.9%-1.5%231-15.0K-290.00116.440016050
2013-02-19$1.25$0.0049.8%14.3%63.1%15.3%0.0%5.8%-1.5%223-15.4K-270.00119.23001600
2013-02-20$1.24$0.0050.9%14.6%63.4%15.9%0.0%3.7%-3.3%232-15.1K-270.00119.46001600
2013-02-21$1.18$0.0036.1%10.3%25.6%7.3%0.0%-3.0%3.4%262-13.0K-290.00133.74001600
2013-02-22$1.19$0.0037.3%10.7%25.9%8.0%0.0%-0.4%4.5%254-13.5K-280.00120.14001600
2013-02-25$1.18$0.0038.8%11.1%25.8%8.8%0.0%7.8%4.8%252-13.3K-280.00120.37001600
2013-02-26$1.19$0.0039.9%11.5%25.2%9.5%0.0%5.6%4.6%254-13.3K-280.00133.70001600
2013-02-27$1.19$0.0041.2%11.8%25.3%10.3%0.0%-1.8%3.3%254-13.5K-270.00120.97001600
2013-02-28$1.17$0.0040.1%11.5%24.9%9.6%0.0%-2.7%-0.9%266-12.9K-270.00134.08001600