SMCI Options History — December 2018

In December 2018, SMCI traded between $1.41 and $1.63. ATM implied volatility averaged 86.6%, placing in the 31.4% IV rank vs the trailing year. The 30-day expected move averaged 24.8%. IV traded above realized volatility by 1.9% (HV 20d: 84.7%). Max pain ranged from $1.50 to $1.50. Net GEX was positive for 2 of 2 trading days. Term structure was in contango for 1 of 2 days. Put/call ratio averaged 0.80.

Notable Days

2018-12-24: Highest Volume — 180 contracts
2018-12-24: Largest IV spike — 15.7% change
2018-12-24: Highest IV Rank — 34.9%
2018-12-24: Largest Expected Move — 26.6%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$1.52	$1.41	$1.63	$1.63	$1.41
Max Pain	$1.50	$1.50	$1.50	$1.50	$1.50
ATM IV	86.6%	80.3%	92.9%	80.3%	92.9%
Expected Move	24.8%	23.0%	26.6%	23.0%	26.6%
HV 20d	84.7%	78.3%	91.1%	78.3%	91.1%
HV 60d	133.3%	131.7%	135.0%	131.7%	135.0%
IV Rank	31.4%	27.8%	34.9%	27.8%	34.9%
IV Percentile	82.1%	77.8%	86.5%	77.8%	86.5%
Term Structure	-0.3%	-0.6%	0.0%	-0.6%	0.0%
VWIV	76.1%	76.1%	76.1%	76.1%	76.1%
Skew 25d	-3.7%	-24.3%	17.0%	17.0%	-24.3%
Skew 10d	33.7%	25.5%	41.8%	41.8%	25.5%
Call IV 25d	114.9%	87.4%	142.3%	87.4%	142.3%
Put IV 25d	111.2%	104.4%	118.0%	104.4%	118.0%
Bid-Ask Spread %	118.26	112.97	123.54	123.54	112.97
Gamma HHI	0.28	0.24	0.32	0.24	0.32
Net GEX	1.2K	396	2.0K	2.0K	396
Net DEX	-67.9K	-183.9K	48.1K	-183.9K	48.1K
Net VEX	-1.7K	-2.1K	-1.4K	-2.1K	-1.4K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.80	0.80	0.80	0.80	0.80
Total Volume	90	0	180	0	180
Total OI	10,820	10,640	11,000	11,000	10,640

Daily Data (2 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
2018-12-06	$1.63	$1.50	80.3%	23.0%	78.3%	27.8%	0.0%	17.0%	-0.6%	2.0K	-183.9K	-2.1K	0.00	123.54	0	0	6,270	4,730
2018-12-24	$1.41	$1.50	92.9%	26.6%	91.1%	34.9%	76.1%	-24.3%	0.0%	396	48.1K	-1.4K	0.80	112.97	100	80	6,180	4,460