SMCI Options History — June 2018

In June 2018, SMCI traded between $2.37 and $2.70. ATM implied volatility averaged 40.7%, placing in the 28.6% IV rank vs the trailing year. The 30-day expected move averaged 11.0%. IV traded above realized volatility by 17.2% (HV 20d: 23.5%). Max pain ranged from $1.75 to $2.25. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 20 of 21 days. Put/call ratio averaged 1.54.

Notable Days

  • 2018-06-25: Highest Volume — 9,490 contracts
  • 2018-06-12: Largest IV spike — 36.4% change
  • 2018-06-12: Highest IV Rank — 49.5%
  • 2018-06-29: Largest Expected Move — 12.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.52$2.37$2.70$2.44$2.37
Max Pain$1.90$1.75$2.25$2.25$2.25
ATM IV40.7%37.1%57.0%38.6%42.9%
Expected Move11.0%10.6%12.3%11.1%12.3%
HV 20d23.5%16.0%65.4%65.4%24.3%
HV 60d45.9%44.4%47.2%47.0%44.6%
IV Rank28.6%24.0%49.5%25.9%31.4%
IV Percentile38.2%19.4%81.3%32.1%49.2%
Term Structure4.2%-1.0%7.9%-1.0%5.1%
VWIV39.3%32.1%45.1%41.6%41.5%
Skew 25d5.6%-1.3%12.4%7.8%7.7%
Skew 10d13.1%2.2%23.8%7.9%18.4%
Call IV 25d35.7%29.1%42.5%35.6%36.1%
Put IV 25d41.3%38.3%44.5%43.4%43.8%
Bid-Ask Spread %20.5311.0037.7411.0022.44
Gamma HHI0.350.310.400.340.37
Net GEX63.1K40.4K73.5K63.5K40.4K
Net DEX-4.5M-5.6M-3.4M-3.9M-3.4M
Net VEX-8.1K-9.7K-6.2K-8.2K-9.7K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.540.553.630.922.81
Total Volume5,693.811,9909,4902,9808,760
Total OI36,356.1931,97045,49031,97045,490

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-06-01$2.44$2.2538.6%11.1%65.4%25.9%41.6%7.8%-1.0%63.5K-3.9M-8.2K0.9211.001,5501,43024,0207,950
2018-06-04$2.46$1.7541.7%10.8%33.1%29.9%39.1%4.3%2.5%68.5K-4.1M-8.0K0.9325.951,0801,00024,3807,950
2018-06-05$2.52$1.7540.6%10.6%19.8%28.4%36.4%6.4%3.0%71.1K-4.5M-7.8K1.0327.349801,01024,6408,150
2018-06-06$2.58$1.7544.2%10.7%17.5%33.0%32.1%6.2%3.1%69.0K-4.8M-7.2K0.9019.831,1701,05024,5808,200
2018-06-07$2.57$1.7543.3%10.9%17.5%31.9%39.7%5.9%2.7%71.1K-4.8M-7.3K1.7218.671,0301,77024,7908,200
2018-06-08$2.63$1.7542.7%10.6%16.6%31.2%34.2%4.9%3.2%59.1K-5.1M-6.9K0.9422.772,0801,95024,7808,870
2018-06-11$2.66$1.7541.8%10.9%16.6%30.0%35.0%4.0%2.6%60.7K-5.2M-7.0K1.0114.331,9101,92024,8508,750
2018-06-12$2.70$1.7557.0%11.0%16.0%49.5%35.9%3.9%1.5%54.9K-5.6M-6.2K0.8514.582,2201,88024,9608,960
2018-06-13$2.67$1.7538.3%11.0%17.1%25.5%36.6%4.2%2.1%60.6K-5.4M-7.1K0.6921.562,7001,87025,2409,010
2018-06-14$2.61$1.7537.4%10.7%20.0%24.3%36.9%3.9%3.8%66.2K-5.2M-7.1K0.5617.062,0001,13025,6509,010
2018-06-15$2.59$1.7538.1%10.9%20.6%25.3%39.1%2.7%1.8%66.6K-5.1M-7.2K0.9820.232,2002,15025,8309,120
2018-06-18$2.54$2.0037.8%10.8%21.3%24.9%34.7%3.4%7.7%64.5K-4.6M-7.2K1.0025.262,4002,41024,3907,960
2018-06-19$2.52$2.0038.7%11.1%21.8%26.1%45.1%3.3%4.9%64.2K-4.3M-7.6K0.5524.994,3902,43024,7609,200
2018-06-20$2.52$2.0038.1%10.9%21.9%25.3%43.6%3.5%6.3%73.5K-4.7M-8.1K1.3318.743,9805,28026,7709,460
2018-06-21$2.50$2.0038.3%11.0%22.1%25.5%42.5%12.4%6.4%67.0K-4.5M-9.2K1.3237.743,7905,00026,93012,500
2018-06-22$2.48$2.0037.1%10.6%22.3%24.0%40.7%-1.3%7.5%67.3K-4.4M-9.2K1.1813.393,8104,48026,87013,150
2018-06-25$2.41$2.0040.3%11.6%25.2%28.1%42.2%9.6%5.1%69.0K-3.9M-9.3K3.6318.212,0507,44026,98013,120
2018-06-26$2.42$2.0037.2%10.7%24.6%24.1%40.4%8.8%7.9%57.2K-3.9M-9.7K3.6320.962,0107,30027,29015,350
2018-06-27$2.38$2.0041.3%11.8%24.9%29.3%42.8%7.6%4.4%55.2K-3.6M-9.6K3.6219.092,0007,23027,34015,350
2018-06-28$2.38$2.0040.0%11.5%24.7%27.7%44.5%8.0%6.5%56.0K-3.6M-9.7K2.8016.972,3006,43027,35015,330
2018-06-29$2.37$2.2542.9%12.3%24.3%31.4%41.5%7.7%5.1%40.4K-3.4M-9.7K2.8122.442,3006,46027,33018,160