SMCI Options History — October 2018

In October 2018, SMCI traded between $1.23 and $2.15. ATM implied volatility averaged 112.4%, placing in the 58.6% IV rank vs the trailing year. The 30-day expected move averaged 28.4%. IV traded below realized volatility by 72.7% (HV 20d: 185.1%). Max pain ranged from $1.50 to $1.75. Net GEX was positive for 15 of 23 trading days. Term structure was in contango for 6 of 23 days. Put/call ratio averaged 1.02.

Notable Days

  • 2018-10-04: Highest Volume — 9,700 contracts
  • 2018-10-10: Largest IV spike — 252.2% change
  • 2018-10-04: Highest IV Rank — 100.0%
  • 2018-10-12: Largest Expected Move — 49.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$1.46$1.23$2.15$2.15$1.31
Max Pain$1.61$1.50$1.75$1.75$1.50
ATM IV112.4%43.4%207.4%53.9%97.3%
Expected Move28.4%12.4%49.3%15.5%27.9%
HV 20d185.1%40.3%212.1%44.7%210.0%
HV 60d122.7%62.5%135.0%62.6%134.9%
IV Rank58.6%11.2%100.0%24.8%37.4%
IV Percentile91.0%33.7%100.0%61.9%92.1%
Term Structure-11.7%-48.4%31.8%6.9%8.3%
VWIV99.0%45.6%154.6%45.6%104.0%
Skew 25d7.3%-152.3%86.9%12.6%14.0%
Skew 10d23.5%-152.3%83.5%53.0%12.4%
Call IV 25d102.0%39.4%203.9%39.4%95.9%
Put IV 25d109.3%0.8%204.8%52.0%109.9%
Bid-Ask Spread %112.9873.74127.6773.74117.01
Gamma HHI0.250.160.340.230.29
Net GEX1.9K-6.3K24.1K24.1K354
Net DEX47.9K-1.8M855.8K-1.8M65.0K
Net VEX-3.4K-5.3K-2.5K-5.0K-2.5K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.020.672.650.670.89
Total Volume4,769.133,2909,7003,7703,290
Total OI28,507.39111,57042,39042,39011,570

Daily Data (23 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2018-10-01$2.15$1.7553.9%15.5%44.7%24.8%45.6%12.6%6.9%24.1K-1.8M-5.0K0.6773.742,2601,51019,67022,720
2018-10-02$2.15$1.7577.4%22.2%44.7%50.9%53.9%16.3%-4.1%13.9K-1.7M-5.3K0.68102.592,2901,55019,66022,590
2018-10-03$2.14$1.7567.1%19.2%40.3%39.4%55.2%18.9%-8.8%21.9K-1.8M-4.8K0.68103.322,3401,58019,58022,590
2018-10-04$1.31$1.75137.8%39.5%179.7%100.0%121.1%0.9%31.8%-6.3K759.0K-5.1K2.65109.532,6607,04019,48022,590
2018-10-05$1.23$1.75107.0%30.7%179.9%71.0%154.6%-17.5%-3.1%-5.9K855.8K-3.7K1.25120.462,7703,46019,28018,980
2018-10-08$1.51$1.75123.3%35.3%197.4%86.3%127.2%11.1%-27.8%-1.1K171.6K-4.4K1.25110.052,7703,46019,37017,030
2018-10-09$1.24$1.7543.4%12.4%208.4%11.2%112.6%86.9%22.1%-740424.1K-3.8K1.11116.992,7703,07019,37017,020
2018-10-10$1.28$1.75152.8%43.8%209.5%100.0%0.0%-152.3%-48.4%2.6K628.9K-2.7K1.11124.542,7703,07019,37016,170
2018-10-11$1.30$1.75135.4%38.8%209.5%85.7%129.3%40.5%-47.1%-2.6K507.9K-3.4K1.11115.852,7703,07019,37016,170
2018-10-12$1.32$1.75172.0%49.3%209.5%100.0%0.0%-6.8%-31.8%589563.3K-2.9K1.11120.842,7703,07019,37016,170
2018-10-15$1.37$1.50157.4%26.7%210.4%89.6%91.6%-5.4%-20.5%-3.2K451.0K-3.3K1.11107.192,7703,07019,37016,170
2018-10-16$1.38$1.50135.9%24.9%210.3%74.3%99.5%-0.3%-11.7%-3.8K458.1K-3.3K0.92125.932,6602,46019,37016,170
2018-10-17$1.34$1.50178.9%29.6%209.9%100.0%100.4%-2.7%-11.7%-2.6K565.5K-3.1K0.92127.672,6602,46019,37015,970
2018-10-18$1.34$1.50207.4%27.0%209.6%100.0%99.7%4.0%-35.6%955499.6K-2.8K0.91110.632,6502,41019,37015,970
2018-10-19$1.39$1.5082.6%23.7%210.9%29.1%98.7%35.0%2.0%607494.1K-2.9K0.87116.202,7702,41019,37015,430
2018-10-22$1.47$1.5085.9%24.6%212.1%31.0%101.1%22.3%-23.9%1.1K-61.5K-3.0K0.89115.791,7401,5506,2705,300
2018-10-23$1.46$1.5095.4%27.3%209.8%36.3%98.8%3.2%-10.3%706-15.0K-3.0K0.89114.091,7401,5506,2705,300
2018-10-24$1.47$1.5095.6%27.4%210.0%36.5%95.2%19.3%-39.9%1.0K-28.5K-2.9K0.89107.191,7401,5506,2705,300
2018-10-25$1.46$1.5091.5%26.2%210.0%34.1%96.9%0.6%-15.9%846-19.0K-2.9K0.89111.391,7401,5506,2705,300
2018-10-26$1.44$1.5092.1%26.4%210.0%34.5%94.2%1.3%-5.7%665-13.4K-2.9K0.89118.211,7401,5506,2705,300
2018-10-29$1.31$1.5097.3%27.9%209.9%37.4%101.2%26.5%7.3%641-12.7K-2.5K0.89108.501,7401,5506,2705,300
2018-10-30$1.30$1.5097.1%27.8%209.8%37.3%98.9%39.9%-1.3%30580.4K-2.5K0.89120.751,7401,5506,2705,300
2018-10-31$1.31$1.5097.3%27.9%210.0%37.4%104.0%14.0%8.3%35465.0K-2.5K0.89117.011,7401,5506,2705,300