SMCI Options History — October 2021

In October 2021, SMCI traded between $3.49 and $3.74. ATM implied volatility averaged 50.7%, placing in the 39.0% IV rank vs the trailing year. The 30-day expected move averaged 12.9%. IV traded above realized volatility by 25.5% (HV 20d: 25.2%). Max pain ranged from $3.50 to $4.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 6 of 21 days. Put/call ratio averaged 0.38.

Notable Days

  • 2021-10-01: Highest Volume — 920 contracts
  • 2021-10-12: Largest IV spike — 63.5% change
  • 2021-10-12: Highest IV Rank — 80.5%
  • 2021-10-27: Largest Expected Move — 17.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.60$3.49$3.74$3.74$3.55
Max Pain$3.98$3.50$4.00$3.50$4.00
ATM IV50.7%36.1%83.2%39.1%48.9%
Expected Move12.9%10.4%17.8%11.2%14.0%
HV 20d25.2%19.4%28.2%27.8%19.4%
HV 60d29.5%26.9%31.7%31.7%26.9%
IV Rank39.0%20.3%80.5%24.2%36.7%
IV Percentile66.1%22.6%97.6%32.5%73.4%
Term Structure-4.6%-28.5%11.6%11.6%-9.9%
VWIV45.9%31.6%57.1%46.5%47.8%
Skew 25d-0.1%-18.1%18.2%1.1%9.3%
Skew 10d-0.4%-17.5%25.9%-7.0%14.0%
Call IV 25d42.7%34.0%59.3%34.0%44.4%
Put IV 25d42.6%23.4%60.9%35.1%53.7%
Bid-Ask Spread %109.4293.97121.65120.1199.37
Gamma HHI0.390.330.470.460.36
Net GEX6.4K3.0K20.3K8.8K3.1K
Net DEX-64.4K-358.4K23.7K-152.8K18.0K
Net VEX-1.5K-1.9K-1.2K-1.9K-1.2K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.380.000.890.000.68
Total Volume288.5710920920640
Total OI3,606.193,3804,4103,5203,490

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2021-10-01$3.74$3.5039.1%11.2%27.8%24.2%46.5%1.1%11.6%8.8K-152.8K-1.9K0.00120.1192002,3801,140
2021-10-04$3.69$4.0053.2%10.4%28.2%42.2%37.6%3.5%5.7%20.3K-358.4K-1.9K0.50102.5620103,2701,140
2021-10-05$3.73$4.0057.2%11.5%25.8%47.2%0.0%0.8%7.9%9.1K-137.6K-1.7K0.0098.59002,4201,140
2021-10-06$3.65$4.0071.4%13.6%26.6%65.4%48.1%-6.4%-13.5%7.3K-81.1K-1.6K0.07109.13140102,4301,140
2021-10-07$3.74$4.0036.1%10.9%27.6%20.3%31.6%-2.0%-5.8%9.3K-149.9K-1.7K0.00102.398002,4301,140
2021-10-08$3.69$4.0053.0%11.1%27.9%41.8%0.0%-4.2%-0.8%8.9K-133.5K-1.8K0.0096.86002,5601,150
2021-10-11$3.71$4.0050.9%11.8%27.6%39.2%42.4%3.9%3.4%8.9K-141.6K-1.7K0.0093.971002,6101,150
2021-10-12$3.60$4.0083.2%12.7%27.3%80.5%37.7%-3.7%-16.1%8.0K-80.2K-1.6K0.00106.729002,6101,150
2021-10-13$3.57$4.0045.8%13.1%27.3%32.7%0.0%-2.9%-5.7%7.9K-80.2K-1.6K0.00112.472002,6501,150
2021-10-14$3.59$4.0038.8%11.1%27.2%23.7%0.0%-0.3%4.3%5.6K-37.2K-1.5K0.00114.39002,6201,150
2021-10-15$3.54$4.0039.6%11.4%27.1%24.8%41.0%-18.1%-13.6%4.2K-60.4K-1.5K0.00117.266002,6301,150
2021-10-18$3.49$4.0046.4%13.3%26.9%33.4%0.0%-1.4%-7.2%3.0K18.8K-1.3K0.00115.372002,2801,100
2021-10-19$3.52$4.0054.7%15.7%26.6%44.1%41.4%-0.2%-15.8%4.1K-14.9K-1.4K0.00115.904002,3301,100
2021-10-20$3.53$4.0044.8%12.8%23.3%31.4%47.6%11.1%-1.8%3.1K23.7K-1.3K0.64114.673902502,3601,100
2021-10-21$3.54$4.0044.7%12.8%23.2%31.2%54.1%-0.3%-2.3%3.9K697-1.3K0.69121.653602502,3601,100
2021-10-22$3.53$4.0052.1%14.9%23.2%40.8%48.4%18.2%-12.3%3.9K-6.8K-1.4K0.69109.563602502,3701,100
2021-10-25$3.54$4.0050.2%14.4%22.6%38.4%57.1%-8.3%-2.6%3.8K-2.3K-1.3K0.86113.612902502,3701,100
2021-10-26$3.55$4.0052.7%15.1%21.8%41.5%54.3%-4.3%-4.3%3.7K7.8K-1.3K0.89113.832802502,3401,100
2021-10-27$3.54$4.0062.1%17.8%21.2%53.5%54.6%-2.4%-28.5%4.0K-866-1.3K0.89109.502802502,3601,100
2021-10-28$3.56$4.0039.7%11.4%21.3%24.9%44.7%4.2%10.5%3.4K17.3K-1.3K0.86109.922902502,3601,100
2021-10-29$3.55$4.0048.9%14.0%19.4%36.7%47.8%9.3%-9.9%3.1K18.0K-1.2K0.6899.373802602,3901,100