SMCI Options History — June 2013

In June 2013, SMCI traded between $1.04 and $1.13. ATM implied volatility averaged 39.6%, placing in the 17.2% IV rank vs the trailing year. The 30-day expected move averaged 11.8%. IV traded above realized volatility by 3.7% (HV 20d: 35.8%). Max pain ranged from $1.00 to $1.00. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 20 of 20 days.

Notable Days

  • 2013-06-12: Largest IV spike — 55.6% change
  • 2013-06-12: Highest IV Rank — 28.2%
  • 2013-06-14: Largest Expected Move — 12.9%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.08$1.04$1.13$1.06$1.06
Max Pain$1.00$1.00$1.00$1.00$1.00
ATM IV39.6%24.9%49.7%39.9%39.6%
Expected Move11.8%10.6%12.9%11.4%11.4%
HV 20d35.8%32.1%40.2%32.8%35.3%
HV 60d37.0%35.1%38.5%35.2%37.0%
IV Rank17.2%1.4%28.2%17.5%17.3%
IV Percentile40.8%0.8%72.2%43.3%39.3%
Term Structure8.2%0.1%15.3%5.2%8.8%
Skew 25d13.4%4.0%36.8%10.5%9.3%
Skew 10d26.9%7.5%105.6%49.7%19.4%
Call IV 25d33.8%21.9%43.1%34.0%31.2%
Put IV 25d47.2%40.6%63.3%44.5%40.6%
Bid-Ask Spread %51.6137.4462.8256.7050.36
Gamma HHI0.630.590.690.610.61
Net GEX8696871.2K763753
Net DEX-15.3K-24.9K-8.9K-13.7K-11.2K
Net VEX-228-247-199-237-201
Div Yield0.0%0.0%0.0%0.0%0.0%
Total Volume00000
Total OI1,2301,2301,2301,2301,230

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-06-03$1.06$0.0039.9%11.4%32.8%17.5%0.0%10.5%5.2%763-13.7K-2370.0056.7000780450
2013-06-04$1.07$0.0039.0%11.2%32.1%16.6%0.0%16.5%13.2%837-16.4K-2470.0054.6300780450
2013-06-05$1.05$0.0042.5%12.2%33.0%20.4%0.0%5.4%5.2%726-12.3K-2330.0061.8900780450
2013-06-06$1.08$0.0039.5%11.3%33.9%17.2%0.0%36.3%0.1%831-15.0K-2430.0053.8300780450
2013-06-07$1.09$1.0028.4%11.2%33.7%5.1%0.0%4.4%12.0%916-17.9K-2400.0054.0700780450
2013-06-10$1.10$1.0024.9%12.1%32.4%1.4%0.0%6.2%8.4%963-19.1K-2460.0053.4100780450
2013-06-11$1.08$1.0032.0%11.8%33.0%9.0%0.0%20.0%9.9%928-18.0K-2410.0060.6000780450
2013-06-12$1.04$1.0049.7%12.7%35.4%28.2%0.0%11.6%2.7%693-10.3K-2270.0039.9100780450
2013-06-13$1.07$1.0041.3%11.8%36.8%19.1%0.0%4.7%9.3%856-15.0K-2370.0062.8200780450
2013-06-14$1.06$1.0045.0%12.9%36.7%23.0%0.0%16.1%3.0%799-12.9K-2240.0037.4400780450
2013-06-17$1.11$1.0042.2%12.1%38.0%20.0%0.0%5.0%8.5%1.0K-19.9K-2370.0054.8700780450
2013-06-18$1.13$1.0037.0%10.6%38.5%14.4%0.0%4.6%4.1%1.2K-24.9K-2410.0058.6100780450
2013-06-19$1.12$1.0043.9%12.6%35.9%21.9%0.0%4.0%4.4%1.2K-23.7K-2330.0056.7300780450
2013-06-20$1.09$1.0041.8%12.0%38.0%19.6%0.0%18.6%10.3%938-16.8K-2240.0044.3200780450
2013-06-21$1.10$1.0040.2%11.5%38.0%17.8%0.0%16.3%10.5%981-17.1K-2220.0047.9700780450
2013-06-24$1.06$1.0042.0%12.0%40.2%19.8%0.0%20.8%15.3%795-12.0K-2120.0044.1500780450
2013-06-25$1.06$1.0040.3%11.6%37.5%18.0%0.0%36.8%13.0%750-10.5K-2080.0045.4400780450
2013-06-26$1.05$1.0039.9%11.5%37.5%17.6%0.0%6.5%11.6%687-8.9K-1990.0048.8400780450
2013-06-27$1.06$1.0042.0%12.1%37.5%19.9%0.0%15.0%9.2%769-10.7K-2070.0045.7100780450
2013-06-28$1.06$1.0039.6%11.4%35.3%17.3%0.0%9.3%8.8%753-11.2K-2010.0050.3600780450