SMCI Options History — September 2013

In September 2013, SMCI traded between $1.30 and $1.38. ATM implied volatility averaged 34.4%, placing in the 13.4% IV rank vs the trailing year. The 30-day expected move averaged 10.2%. IV traded above realized volatility by 9.3% (HV 20d: 25.1%). Max pain ranged from $1.00 to $1.25. Net GEX was positive for 20 of 20 trading days. Term structure was in contango for 20 of 20 days. Put/call ratio averaged 0.00.

Notable Days

  • 2013-09-20: Highest Volume — 220 contracts
  • 2013-09-12: Largest IV spike — 16.2% change
  • 2013-09-16: Highest IV Rank — 18.5%
  • 2013-09-11: Largest Expected Move — 11.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.33$1.30$1.38$1.31$1.35
Max Pain$1.04$1.00$1.25$1.25$1.00
ATM IV34.4%30.2%39.2%35.9%33.5%
Expected Move10.2%8.9%11.3%10.3%9.6%
HV 20d25.1%17.8%45.3%45.2%17.8%
HV 60d31.7%30.4%34.5%34.5%30.4%
IV Rank13.4%9.0%18.5%15.0%12.5%
IV Percentile15.8%7.1%30.2%19.4%11.9%
Term Structure8.8%2.1%18.7%6.8%18.7%
Skew 25d10.0%2.3%18.7%11.5%13.9%
Skew 10d16.1%2.8%32.0%12.8%32.0%
Call IV 25d28.8%21.8%39.4%28.2%23.0%
Put IV 25d38.8%34.2%44.8%39.7%36.9%
Bid-Ask Spread %49.3332.4869.0732.5337.53
Gamma HHI0.920.721.001.000.76
Net GEX44.2K2.7K90.7K78.1K3.7K
Net DEX-1.3M-2.1M-95.1K-1.4M-102.3K
Net VEX-620-1.6K-98-1.6K-142
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.000.000.000.000.00
Total Volume17022000
Total OI11,7311,52016,12016,1201,520

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2013-09-03$1.31$1.2535.9%10.3%45.2%15.0%0.0%11.5%6.8%78.1K-1.4M-1.6K0.0032.530015,640480
2013-09-04$1.30$1.2535.8%10.3%45.3%14.9%0.0%11.3%6.4%81.5K-1.4M-1.6K0.0032.480015,640480
2013-09-05$1.30$1.2533.9%9.7%24.9%12.9%0.0%7.5%7.4%85.9K-1.5M-1.5K0.0035.520015,640480
2013-09-06$1.30$1.0032.6%11.3%24.8%11.5%0.0%11.5%3.0%90.7K-1.5M-1.4K0.0059.090015,640480
2013-09-09$1.32$1.0034.0%10.8%25.5%13.0%0.0%5.3%4.4%82.8K-1.6M-1.2K0.0047.060015,640480
2013-09-10$1.33$1.0030.2%10.9%24.3%9.0%0.0%6.1%5.6%77.5K-1.8M-8340.0048.920015,640480
2013-09-11$1.32$1.0032.8%11.3%24.2%11.8%0.0%18.3%2.1%88.4K-1.7M-8800.0060.270015,640480
2013-09-12$1.33$1.0038.1%10.9%24.4%17.4%0.0%2.9%4.9%72.0K-1.9M-6960.0047.5020015,640480
2013-09-13$1.33$1.0036.6%10.5%23.3%15.7%0.0%2.8%8.1%62.5K-1.9M-5340.0052.470015,620480
2013-09-16$1.33$1.0039.2%11.2%23.4%18.5%0.0%5.4%4.7%69.7K-1.9M-4910.0062.320015,620480
2013-09-17$1.32$1.0038.9%11.1%22.5%18.1%0.0%18.7%5.2%19.1K-2.0M-1700.0039.930015,620480
2013-09-18$1.36$1.0034.0%9.7%23.6%13.0%0.0%2.9%11.9%32.7K-2.0M-2330.0053.45100015,620480
2013-09-19$1.38$1.0031.0%8.9%23.4%9.8%0.0%2.3%5.3%20.2K-2.1M-1510.0062.520015,590480
2013-09-20$1.37$1.0032.5%9.3%23.4%11.4%0.0%12.1%10.9%2.7K-2.1M-980.0069.07220015,590480
2013-09-23$1.34$1.0034.9%10.0%24.0%13.9%0.0%13.8%13.2%3.3K-95.1K-1730.0061.55001,040480
2013-09-24$1.35$1.0033.5%9.6%24.0%12.5%0.0%11.3%11.5%3.3K-100.4K-1610.0066.99001,040480
2013-09-25$1.35$1.0034.0%9.8%19.7%13.1%0.0%14.8%11.2%3.2K-101.0K-1590.0043.02001,040480
2013-09-26$1.36$1.0031.6%9.1%19.5%10.5%0.0%10.7%17.6%4.2K-104.0K-1430.0040.93001,040480
2013-09-27$1.34$1.0034.6%9.9%18.5%13.6%0.0%17.7%17.4%3.4K-96.3K-1600.0033.40001,040480
2013-09-30$1.35$1.0033.5%9.6%17.8%12.5%0.0%13.9%18.7%3.7K-102.3K-1420.0037.53001,040480