SMCI Options History — August 2017

In August 2017, SMCI traded between $2.58 and $2.76. ATM implied volatility averaged 35.6%, placing in the 25.8% IV rank vs the trailing year. The 30-day expected move averaged 9.9%. IV traded above realized volatility by 7.4% (HV 20d: 28.2%). Max pain ranged from $2.25 to $2.50. Net GEX was positive for 23 of 23 trading days. Term structure was in contango for 9 of 23 days. Put/call ratio averaged 0.93.

Notable Days

  • 2017-08-03: Highest Volume — 8,600 contracts
  • 2017-08-28: Largest IV spike — 53.8% change
  • 2017-08-03: Highest IV Rank — 77.5%
  • 2017-08-02: Largest Expected Move — 15.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.69$2.58$2.76$2.71$2.66
Max Pain$2.41$2.25$2.50$2.50$2.50
ATM IV35.6%18.4%59.3%54.6%32.1%
Expected Move9.9%5.3%15.7%15.7%9.2%
HV 20d28.2%14.7%37.8%37.7%26.4%
HV 60d27.1%26.5%29.2%27.8%29.2%
IV Rank25.8%0.0%77.5%66.9%27.0%
IV Percentile35.4%0.0%99.6%98.0%20.6%
Term Structure-0.0%-15.1%14.2%-13.2%2.3%
VWIV31.8%19.3%55.8%39.0%32.6%
Skew 25d8.4%-0.5%19.2%8.8%9.6%
Skew 10d12.5%-5.2%31.4%0.7%21.0%
Call IV 25d26.1%16.2%44.0%44.0%22.7%
Put IV 25d34.6%19.4%53.4%52.9%32.3%
Bid-Ask Spread %26.7511.0543.1843.1819.35
Gamma HHI0.470.330.750.340.63
Net GEX39.9K19.9K77.1K21.9K46.0K
Net DEX-1.0M-1.6M-364.4K-833.6K-591.1K
Net VEX-4.3K-5.3K-3.2K-5.0K-4.9K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.930.131.541.101.54
Total Volume3,660.4352,0908,6003,6804,070
Total OI20,654.78312,33024,83017,04020,800

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2017-08-01$2.71$2.5054.6%15.7%37.7%66.9%39.0%8.8%-13.2%21.9K-833.6K-5.0K1.1043.181,7501,93010,7906,250
2017-08-02$2.69$2.5054.8%15.7%37.8%67.2%55.8%19.2%-15.1%19.9K-779.5K-4.9K1.0440.461,8601,93010,8006,250
2017-08-03$2.71$2.2559.3%12.3%37.2%77.5%39.7%6.9%-4.6%22.1K-812.7K-5.0K0.2942.196,6901,91010,8606,250
2017-08-04$2.70$2.2529.4%8.8%37.2%8.7%28.4%4.3%1.3%68.3K-1.5M-5.0K0.9127.292,1001,92018,4806,290
2017-08-07$2.70$2.2538.8%9.2%37.2%30.2%28.3%3.6%2.1%43.5K-1.3M-4.5K0.7428.112,5401,89018,0006,260
2017-08-08$2.67$2.2534.2%9.7%37.6%19.8%31.0%3.7%-0.3%41.8K-1.3M-4.5K0.7734.842,4401,89018,4206,260
2017-08-09$2.68$2.2533.9%9.7%34.7%19.0%34.7%3.0%-0.1%41.0K-1.3M-4.4K1.3333.201,4101,88018,4606,260
2017-08-10$2.65$2.2534.2%9.8%33.9%19.7%35.2%4.2%0.3%42.5K-1.2M-4.4K1.3339.961,4101,88018,5506,240
2017-08-11$2.68$2.2534.9%10.0%33.3%21.4%37.7%3.9%-0.9%41.2K-1.3M-4.2K1.3332.291,4101,88018,5506,240
2017-08-14$2.74$2.2534.2%9.8%33.6%19.8%33.8%6.1%-0.3%40.6K-1.5M-4.1K1.4235.061,3401,90018,5506,240
2017-08-15$2.74$2.5032.8%9.4%33.6%16.5%27.2%13.6%-0.3%29.0K-1.6M-3.8K1.4316.531,3301,90018,5706,260
2017-08-16$2.72$2.5033.9%9.7%33.7%19.0%29.0%12.3%-1.5%27.9K-1.6M-3.7K1.4233.881,3401,90018,5706,260
2017-08-17$2.71$2.5033.6%9.6%32.0%18.3%29.1%10.8%-1.4%25.8K-1.6M-3.7K1.3635.791,3401,82018,5406,260
2017-08-18$2.68$2.5034.8%10.0%22.9%21.2%29.8%12.0%-1.4%22.8K-1.5M-3.5K1.3615.611,3401,82018,5406,290
2017-08-21$2.65$2.5031.3%9.0%22.5%13.0%29.5%-0.5%1.0%20.3K-395.2K-3.2K0.4115.211,5206209,3303,000
2017-08-22$2.66$2.5033.8%9.7%14.7%18.9%28.8%12.0%-1.2%26.8K-504.0K-3.5K0.1513.874,2506209,5703,000
2017-08-23$2.71$2.5027.6%7.9%15.5%4.5%22.7%13.8%11.5%40.7K-630.2K-4.2K0.3016.831,93057011,9703,020
2017-08-24$2.71$2.5034.8%10.0%15.0%21.0%28.4%9.6%-4.9%45.4K-668.3K-4.0K0.1320.224,53057012,2503,040
2017-08-25$2.76$2.5018.4%5.3%16.0%0.0%19.3%3.1%14.1%77.1K-930.3K-5.3K0.3711.051,54057015,8203,040
2017-08-28$2.74$2.5028.4%8.1%16.2%19.6%22.7%15.0%14.2%74.0K-904.0K-5.3K0.3821.841,52057015,8103,040
2017-08-29$2.72$2.5037.7%10.8%16.1%38.0%35.5%11.0%-4.3%69.0K-871.5K-5.2K0.6415.371,52097015,7903,040
2017-08-30$2.58$2.5032.1%9.2%24.5%27.0%32.8%7.7%2.6%31.0K-364.4K-3.7K1.5423.051,6002,47015,7903,460
2017-08-31$2.66$2.5032.1%9.2%26.4%27.0%32.6%9.6%2.3%46.0K-591.1K-4.9K1.5419.351,6002,47015,8104,990