SMCI Options History — October 2020

In October 2020, SMCI traded between $2.24 and $2.79. ATM implied volatility averaged 56.3%, placing in the 16.4% IV rank vs the trailing year. The 30-day expected move averaged 16.8%. IV traded above realized volatility by 26.2% (HV 20d: 30.1%). Max pain ranged from $2.50 to $3.00. Net GEX was positive for 17 of 22 trading days. Term structure was in contango for 3 of 22 days. Put/call ratio averaged 24.76.

Notable Days

  • 2020-10-23: Highest Volume — 10,190 contracts
  • 2020-10-06: Largest IV spike — 72.0% change
  • 2020-10-30: Highest IV Rank — 30.9%
  • 2020-10-30: Largest Expected Move — 23.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$2.61$2.24$2.79$2.60$2.27
Max Pain$2.61$2.50$3.00$2.50$3.00
ATM IV56.3%26.3%82.3%64.5%82.3%
Expected Move16.8%11.6%23.6%18.5%23.6%
HV 20d30.1%24.1%40.6%35.2%40.6%
HV 60d44.7%43.4%46.8%44.2%46.8%
IV Rank16.4%0.0%30.9%18.8%30.9%
IV Percentile44.0%0.0%72.6%60.7%72.6%
Term Structure-7.5%-39.3%22.0%-39.3%-27.1%
VWIV58.9%43.2%89.1%53.3%89.1%
Skew 25d10.7%-10.5%29.8%-10.5%18.8%
Skew 10d12.5%-7.0%36.0%13.5%29.1%
Call IV 25d51.9%36.8%80.2%49.6%63.8%
Put IV 25d62.6%39.1%88.8%39.1%82.6%
Bid-Ask Spread %85.2461.76127.36127.2478.07
Gamma HHI0.490.320.720.530.56
Net GEX910-31.1K16.7K7.3K-19.2K
Net DEX301.9K-428.4K2.3M-184.0K2.2M
Net VEX-1.8K-2.7K-1.5K-1.8K-2.3K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio24.760.00508.501.860.20
Total Volume6001010,19020010
Total OI8,487.2735,11015,9606,23015,960

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2020-10-01$2.60$2.5064.5%18.5%35.2%18.8%0.0%-10.5%-39.3%7.3K-184.0K-1.8K1.86127.24701303,8102,420
2020-10-02$2.60$2.5068.5%19.7%29.2%21.1%0.0%15.7%-3.1%8.7K-184.0K-1.9K0.00127.361003,8902,450
2020-10-05$2.68$2.5026.3%16.3%30.7%0.0%53.3%8.0%-7.2%10.0K-245.6K-1.7K0.0361.76580203,9002,450
2020-10-06$2.65$2.5045.3%14.4%30.8%10.5%50.0%14.1%-10.6%11.0K-270.3K-1.7K0.0097.698004,3702,460
2020-10-07$2.72$2.5041.5%14.7%30.2%8.4%55.8%4.2%-4.1%11.0K-325.0K-1.8K0.0867.19130104,4002,460
2020-10-08$2.76$2.5045.4%14.0%28.4%10.5%57.5%16.0%-5.7%16.7K-417.0K-1.8K1.0078.9750504,5202,470
2020-10-09$2.77$2.5040.9%11.6%28.4%8.0%59.3%16.9%-1.4%12.4K-391.3K-1.7K1.0074.8810104,4802,520
2020-10-12$2.79$2.5037.4%15.4%26.7%6.1%54.0%7.8%-5.1%13.7K-415.9K-1.6K0.0074.8416004,4902,520
2020-10-13$2.79$2.5063.3%15.0%26.5%20.4%57.9%6.6%-4.3%16.5K-428.4K-1.6K2.0086.9330604,5202,520
2020-10-14$2.75$2.5047.1%13.5%27.1%11.5%0.0%14.0%-2.1%15.8K-384.3K-1.7K0.0080.521004,6502,550
2020-10-15$2.76$2.5051.3%14.7%27.1%13.8%47.7%9.8%22.0%3.4K-354.1K-1.6K0.0076.854004,6602,550
2020-10-16$2.74$2.5051.0%14.6%26.8%13.6%0.0%20.8%11.3%2.6K-336.1K-1.7K0.00103.256004,6502,550
2020-10-19$2.67$2.5054.6%15.6%25.0%15.6%54.4%11.1%15.3%2.2K-169.7K-1.6K0.5082.5360302,7702,340
2020-10-20$2.65$2.5055.9%16.0%25.2%16.3%55.7%-5.4%-5.8%1.4K-143.9K-1.6K0.3385.0360202,7502,370
2020-10-21$2.61$2.5062.1%17.8%24.1%19.7%50.3%11.7%-11.6%1.2K-94.6K-1.5K0.0083.423002,8102,370
2020-10-22$2.67$2.5055.9%16.0%25.2%16.3%50.7%7.0%-1.3%2.3K-166.6K-1.5K4.0097.1610402,8402,370
2020-10-23$2.56$2.5063.3%18.1%29.7%20.4%43.2%29.8%-13.3%295-56.7K-1.5K508.5098.922010,1702,8502,380
2020-10-26$2.43$3.0065.3%18.7%33.7%21.5%69.7%7.9%-15.5%-31.1K2.2M-2.6K0.2478.64250602,87012,560
2020-10-27$2.38$3.0067.3%19.3%33.6%22.6%68.4%2.4%-14.3%-27.4K2.2M-2.7K0.1878.31110203,10012,620
2020-10-28$2.24$3.0076.5%21.9%38.3%27.7%79.7%8.6%-20.8%-19.0K2.3M-2.2K0.0067.3619003,15012,630
2020-10-29$2.31$3.0073.4%21.0%40.4%26.0%63.2%19.8%-20.4%-19.7K2.3M-2.1K0.2068.445101003,14012,580
2020-10-30$2.27$3.0082.3%23.6%40.6%30.9%89.1%18.8%-27.1%-19.2K2.2M-2.3K0.0078.070103,28012,680