SMCI Options History — February 2018

In February 2018, SMCI traded between $1.82 and $2.25. ATM implied volatility averaged 57.5%, placing in the 77.7% IV rank vs the trailing year. The 30-day expected move averaged 15.9%. IV traded below realized volatility by 2.0% (HV 20d: 59.5%). Max pain ranged from $2.25 to $2.50. Net GEX was positive for 0 of 19 trading days. Term structure was in contango for 0 of 19 days. Put/call ratio averaged 2.33.

Notable Days

2018-02-16: Highest Volume — 11,850 contracts
2018-02-02: Largest IV spike — 30.4% change
2018-02-05: Highest IV Rank — 100.0%
2018-02-28: Largest Expected Move — 19.1%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.92	$1.82	$2.25	$2.25	$1.82
Max Pain	$2.29	$2.25	$2.50	$2.50	$2.25
ATM IV	57.5%	42.4%	69.3%	42.4%	66.7%
Expected Move	15.9%	11.5%	19.1%	11.5%	19.1%
HV 20d	59.5%	45.1%	65.5%	45.1%	55.8%
HV 60d	39.9%	32.5%	41.5%	32.5%	41.3%
IV Rank	77.7%	51.0%	100.0%	51.0%	94.9%
IV Percentile	93.3%	69.4%	100.0%	69.4%	99.6%
Term Structure	-5.5%	-13.3%	-0.5%	-0.5%	-13.3%
VWIV	56.2%	42.9%	66.4%	42.9%	66.4%
Skew 25d	8.4%	0.1%	18.9%	5.5%	15.3%
Skew 10d	21.6%	2.3%	50.5%	21.3%	37.3%
Call IV 25d	52.8%	39.2%	58.4%	39.2%	58.4%
Put IV 25d	61.2%	44.7%	73.6%	44.7%	73.6%
Bid-Ask Spread %	56.83	25.17	79.67	73.61	69.45
Gamma HHI	0.52	0.27	0.77	0.33	0.77
Net GEX	-73.8K	-131.6K	-4.9K	-74.0K	-106.4K
Net DEX	2.0M	342.6K	3.0M	342.6K	2.1M
Net VEX	-7.9K	-9.3K	-6.7K	-9.3K	-9.3K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	2.33	0.84	5.08	2.64	3.39
Total Volume	6,392.632	2,870	11,850	6,330	6,370
Total OI	46,910	37,610	54,220	45,710	54,220

Daily Data (19 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2018-02-01	$2.25	$2.50	42.4%	11.5%	45.1%	51.0%	42.9%	5.5%	-0.5%	-74.0K	342.6K	-9.3K	2.64	73.61	1,740	4,590	16,100	29,610
2018-02-02	$2.06	$2.50	55.3%	13.7%	55.5%	78.4%	48.7%	5.2%	-0.6%	-95.3K	1.9M	-8.7K	1.13	79.67	3,110	3,510	16,300	28,640
2018-02-05	$1.94	$2.50	65.9%	14.6%	59.2%	100.0%	52.7%	0.1%	-2.4%	-82.3K	2.5M	-8.2K	1.31	62.52	2,510	3,300	17,810	28,730
2018-02-06	$1.95	$2.25	69.3%	15.1%	59.3%	100.0%	53.1%	7.9%	-3.7%	-80.8K	2.4M	-8.5K	1.69	56.35	2,080	3,520	18,820	28,940
2018-02-07	$1.98	$2.25	50.9%	14.6%	59.2%	63.8%	50.4%	8.3%	-5.2%	-90.3K	2.3M	-8.2K	1.40	77.96	2,490	3,490	18,820	28,580
2018-02-08	$1.87	$2.25	54.2%	15.5%	62.0%	70.3%	49.3%	8.2%	-3.0%	-67.5K	3.0M	-7.2K	2.23	62.78	2,090	4,670	19,480	28,560
2018-02-09	$1.90	$2.25	59.7%	17.1%	61.6%	81.1%	58.8%	6.3%	-4.4%	-78.2K	2.9M	-7.5K	1.23	43.76	3,220	3,970	19,600	29,480
2018-02-12	$1.89	$2.25	54.2%	15.5%	61.6%	70.3%	53.9%	7.0%	-2.6%	-81.2K	3.0M	-7.5K	1.33	47.10	2,090	2,770	21,170	30,730
2018-02-13	$1.83	$2.25	55.6%	15.9%	61.9%	72.9%	56.1%	4.9%	-6.1%	-69.1K	2.8M	-6.7K	1.19	55.15	2,420	2,870	21,480	28,260
2018-02-14	$1.93	$2.25	50.6%	14.5%	65.2%	63.1%	51.0%	6.3%	-3.1%	-110.5K	2.4M	-7.4K	0.84	43.54	2,610	2,200	22,170	28,500
2018-02-15	$1.96	$2.25	51.7%	14.8%	65.5%	65.3%	51.4%	8.2%	-3.9%	-131.6K	2.1M	-7.6K	0.96	53.92	2,380	2,280	22,420	28,430
2018-02-16	$1.91	$2.25	54.6%	15.7%	61.3%	71.1%	61.0%	8.2%	-1.9%	-4.9K	2.7M	-7.1K	5.08	25.17	1,950	9,900	22,560	28,410
2018-02-20	$1.89	$2.25	57.0%	16.3%	60.0%	75.8%	56.6%	8.8%	-7.5%	-35.9K	1.0M	-7.9K	1.12	51.30	1,360	1,520	15,690	21,920
2018-02-21	$1.82	$2.25	62.2%	17.8%	60.8%	86.0%	61.3%	11.3%	-9.7%	-37.7K	1.4M	-7.1K	1.47	31.65	1,160	1,710	15,970	22,000
2018-02-22	$1.83	$2.25	60.3%	17.3%	61.1%	82.3%	61.0%	9.2%	-6.9%	-41.5K	1.3M	-7.4K	4.33	62.49	1,530	6,620	15,970	22,480
2018-02-23	$1.85	$2.25	64.2%	18.4%	61.5%	90.0%	64.7%	10.5%	-11.8%	-60.8K	1.5M	-8.2K	4.62	45.91	1,430	6,610	16,470	27,220
2018-02-26	$1.89	$2.25	54.2%	15.5%	58.0%	70.2%	65.3%	9.4%	-6.4%	-59.7K	1.2M	-8.1K	4.81	59.80	1,910	9,180	16,540	27,220
2018-02-27	$1.86	$2.25	64.1%	18.4%	56.2%	89.7%	63.3%	18.9%	-11.5%	-94.3K	1.7M	-9.0K	3.57	77.67	1,380	4,920	17,310	34,680
2018-02-28	$1.82	$2.25	66.7%	19.1%	55.8%	94.9%	66.4%	15.3%	-13.3%	-106.4K	2.1M	-9.3K	3.39	69.45	1,450	4,920	17,380	36,840