SMCI Options History — June 2020

In June 2020, SMCI traded between $2.67 and $3.26. ATM implied volatility averaged 59.6%, placing in the 16.0% IV rank vs the trailing year. The 30-day expected move averaged 19.0%. IV traded above realized volatility by 7.0% (HV 20d: 52.6%). Max pain ranged from $2.00 to $3.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 18 of 22 days. Put/call ratio averaged 0.14.

Notable Days

2020-06-16: Highest Volume — 6,600 contracts
2020-06-15: Largest IV spike — 110.1% change
2020-06-15: Highest IV Rank — 39.6%
2020-06-04: Largest Expected Move — 32.7%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$2.95	$2.67	$3.26	$2.67	$2.82
Max Pain	$2.50	$2.00	$3.00	$2.00	$3.00
ATM IV	59.6%	35.9%	101.0%	51.4%	43.4%
Expected Move	19.0%	10.3%	32.7%	14.7%	12.4%
HV 20d	52.6%	37.4%	172.2%	172.2%	53.6%
HV 60d	117.8%	116.5%	125.7%	125.7%	116.5%
IV Rank	16.0%	2.5%	39.6%	11.3%	6.8%
IV Percentile	43.4%	0.8%	90.1%	31.7%	18.3%
Term Structure	19.3%	-52.9%	81.9%	61.4%	15.6%
VWIV	53.2%	22.2%	76.0%	45.0%	66.5%
Skew 25d	16.2%	-61.4%	148.0%	-14.6%	4.5%
Skew 10d	-4.7%	-45.8%	76.6%	23.2%	0.2%
Call IV 25d	86.4%	31.2%	184.5%	49.7%	53.8%
Put IV 25d	102.7%	35.1%	179.2%	35.1%	58.4%
Bid-Ask Spread %	133.40	97.38	165.98	135.77	104.61
Gamma HHI	0.73	0.50	0.91	0.54	0.59
Net GEX	20.6K	627	68.4K	644	25.3K
Net DEX	-304.8K	-1.1M	-14.1K	-14.1K	-251.9K
Net VEX	-907	-2.7K	-12	-15	-1.2K
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.14	0.00	1.91	0.00	0.00
Total Volume	594.545	0	6,600	0	430
Total OI	3,989.091	100	10,180	100	10,180

Daily Data (22 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
2020-06-01	$2.67	$2.00	51.4%	14.7%	172.2%	11.3%	0.0%	-14.6%	61.4%	644	-14.1K	-15	0.00	135.77	0	0	100	0
2020-06-02	$2.73	$2.00	35.9%	10.3%	62.0%	2.5%	0.0%	6.9%	22.9%	650	-16.1K	-12	0.00	133.33	0	0	100	0
2020-06-03	$2.77	$2.00	51.5%	14.8%	62.0%	11.4%	45.0%	-1.6%	81.9%	627	-16.7K	-15	0.00	142.87	60	0	100	0
2020-06-04	$2.78	$0.00	54.8%	32.7%	61.1%	13.3%	0.0%	45.1%	-20.4%	1.1K	-19.8K	-21	0.00	158.70	80	0	150	0
2020-06-05	$2.86	$0.00	50.7%	29.7%	61.4%	10.9%	0.0%	45.8%	-52.9%	1.1K	-23.4K	-16	0.17	155.69	120	20	150	0
2020-06-08	$2.96	$0.00	75.7%	21.5%	44.8%	25.2%	31.2%	148.0%	65.2%	984	-36.2K	-56	0.00	159.78	170	0	210	20
2020-06-09	$2.96	$3.00	53.8%	25.3%	44.9%	12.7%	60.0%	-30.6%	38.9%	1.2K	-56.9K	-115	0.00	157.49	220	0	350	20
2020-06-10	$2.91	$2.50	75.4%	21.6%	37.4%	25.0%	0.0%	-12.6%	28.6%	2.0K	-83.8K	-142	0.00	165.98	0	0	470	20
2020-06-11	$2.81	$2.50	59.9%	17.2%	38.1%	16.1%	53.5%	-61.4%	-0.3%	2.0K	-60.7K	-141	0.00	154.96	20	0	470	20
2020-06-12	$2.92	$2.50	48.1%	13.8%	39.1%	9.4%	76.0%	6.9%	0.7%	3.7K	-67.2K	-139	0.00	135.79	30	0	490	20
2020-06-15	$3.09	$2.50	101.0%	29.0%	41.5%	39.6%	22.2%	-13.3%	33.0%	3.2K	-108.9K	-134	0.00	145.06	300	0	500	20
2020-06-16	$3.10	$2.50	74.6%	21.4%	37.5%	24.5%	56.7%	64.9%	18.0%	4.5K	-149.5K	-240	0.00	135.84	6,590	10	780	20
2020-06-17	$3.17	$2.50	95.6%	27.4%	37.4%	36.4%	43.2%	17.3%	23.3%	36.5K	-1.1M	-2.6K	0.00	135.35	1,080	0	7,260	30
2020-06-18	$3.11	$2.50	83.9%	24.0%	38.7%	29.8%	61.8%	72.9%	41.4%	45.6K	-832.4K	-2.4K	0.10	140.73	210	20	7,840	30
2020-06-19	$3.26	$2.50	50.2%	14.4%	39.5%	10.6%	46.2%	11.2%	12.8%	68.4K	-1.1M	-2.7K	0.00	139.51	460	0	7,990	50
2020-06-22	$3.09	$2.50	47.5%	13.6%	44.6%	9.1%	38.7%	27.3%	28.6%	59.9K	-655.3K	-2.1K	0.02	115.22	420	10	7,810	30
2020-06-23	$3.11	$2.50	49.2%	14.1%	44.2%	10.1%	54.7%	6.8%	2.8%	55.0K	-580.9K	-2.0K	0.13	104.89	300	40	8,050	30
2020-06-24	$3.06	$2.50	58.8%	16.8%	45.0%	15.5%	55.6%	14.7%	1.0%	46.3K	-540.5K	-1.9K	0.15	103.51	130	20	8,030	30
2020-06-25	$3.06	$2.50	54.8%	15.7%	43.8%	13.3%	60.5%	8.1%	5.6%	45.0K	-465.1K	-1.7K	1.91	97.38	110	210	8,010	30
2020-06-26	$2.81	$2.50	53.3%	15.3%	54.8%	12.4%	63.2%	0.7%	-4.4%	28.3K	-307.8K	-1.3K	0.05	104.08	1,850	100	7,970	240
2020-06-29	$2.79	$3.00	42.2%	12.1%	54.1%	6.1%	69.1%	10.5%	20.6%	22.0K	-210.1K	-1.1K	0.17	108.18	60	10	9,800	340
2020-06-30	$2.82	$3.00	43.4%	12.4%	53.6%	6.8%	66.5%	4.5%	15.6%	25.3K	-251.9K	-1.2K	0.00	104.61	430	0	9,840	340