SMCI Options History — April 2022

In April 2022, SMCI traded between $3.48 and $4.54. ATM implied volatility averaged 62.5%, placing in the 50.1% IV rank vs the trailing year. The 30-day expected move averaged 15.0%. IV traded above realized volatility by 5.2% (HV 20d: 57.3%). Max pain ranged from $4.00 to $4.00. Net GEX was positive for 18 of 20 trading days. Term structure was in contango for 4 of 20 days. Put/call ratio averaged 1.00.

Notable Days

  • 2022-04-21: Highest Volume — 25,580 contracts
  • 2022-04-07: Largest IV spike — 84.5% change
  • 2022-04-07: Highest IV Rank — 100.0%
  • 2022-04-29: Largest Expected Move — 19.7%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$3.92$3.48$4.54$3.78$4.21
Max Pain$4.00$4.00$4.00$4.00$4.00
ATM IV62.5%35.8%120.3%47.7%68.6%
Expected Move15.0%10.0%19.7%11.8%19.7%
HV 20d57.3%33.8%84.3%39.6%79.7%
HV 60d51.5%42.8%60.2%45.2%59.2%
IV Rank50.1%15.5%100.0%43.6%48.4%
IV Percentile84.9%25.0%100.0%68.3%95.6%
Term Structure-6.4%-19.3%12.2%2.9%-10.6%
VWIV52.9%38.1%75.7%40.8%75.7%
Skew 25d4.7%-2.8%15.8%15.8%-2.8%
Skew 10d12.6%-6.3%62.9%62.9%-6.3%
Call IV 25d52.5%38.7%71.9%38.7%71.9%
Put IV 25d57.2%46.6%69.1%54.5%69.1%
Bid-Ask Spread %87.2948.58104.37100.3377.22
Gamma HHI0.260.150.550.550.21
Net GEX19.8K-86159.0K5.9K49.7K
Net DEX-294.9K-1.5M241.2K45.0K-886.2K
Net VEX-4.4K-10.2K-1.3K-1.7K-9.1K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.000.122.921.740.12
Total Volume8,89130025,5802,00013,640
Total OI18,607.56,43037,0206,43036,770

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-04-01$3.78$4.0047.7%11.8%39.6%43.6%40.8%15.8%2.9%5.9K45.0K-1.7K1.74100.337301,2704,8901,540
2022-04-04$3.75$4.0050.7%10.9%38.7%48.4%45.1%9.7%-2.9%8.8K24.6K-1.7K2.02104.375401,0905,0101,540
2022-04-05$3.65$4.0064.9%15.6%39.5%70.9%47.5%12.6%-17.4%6.1K97.6K-1.5K2.0099.875701,1405,0301,560
2022-04-06$3.54$4.0047.6%14.5%37.7%43.5%51.3%2.3%-12.1%3.2K141.4K-1.4K1.98100.365801,1505,0601,610
2022-04-07$3.56$4.0087.9%12.0%37.9%100.0%41.6%3.4%5.5%5.1K128.6K-1.4K2.1897.865501,2005,0001,630
2022-04-08$3.54$4.0075.0%12.1%37.3%80.9%39.0%-1.2%-8.0%2.9K169.4K-1.3K2.5793.656501,6705,0301,640
2022-04-11$3.51$4.0070.1%10.0%36.7%73.7%42.6%6.5%7.0%-861241.2K-1.4K2.92102.466301,8405,1302,140
2022-04-12$3.48$4.00120.3%16.8%33.9%100.0%53.4%-2.7%-16.1%441213.1K-1.9K0.3791.615,0301,8405,1302,400
2022-04-13$3.57$4.0035.8%10.3%34.5%15.5%38.1%-1.1%12.2%-801215.8K-1.8K0.3699.005,0601,8409,5802,400
2022-04-14$3.66$4.0053.4%15.3%36.2%33.1%42.6%8.2%-19.3%1.1K117.4K-2.0K0.3691.925,0601,8409,5802,400
2022-04-18$3.67$4.0051.8%14.8%33.8%31.5%50.9%-2.1%-5.4%689131.9K-2.1K0.3688.145,0001,8107,7802,380
2022-04-19$4.46$4.0050.8%14.6%80.3%30.5%55.6%10.0%-3.6%14.5K-415.8K-2.6K1.1248.586,0606,7707,7602,380
2022-04-20$4.54$4.0055.2%15.8%80.4%34.9%60.6%7.9%-7.8%2.0K-837.9K-6.2K0.2761.1817,7904,84011,4208,140
2022-04-21$4.27$4.0061.0%17.5%83.3%40.7%63.9%8.4%-10.7%59.0K-1.5M-10.2K0.3781.7618,7206,86027,3009,500
2022-04-22$4.25$4.0062.1%17.8%83.3%41.8%60.8%5.6%-4.2%56.3K-921.0K-8.8K0.2980.5613,2003,86025,9608,420
2022-04-25$4.30$4.0062.3%17.9%83.2%42.1%58.6%3.6%-8.5%53.4K-918.5K-8.8K0.2067.4812,4102,52025,7009,950
2022-04-26$4.14$4.0057.5%16.5%84.3%37.2%63.5%-2.5%-9.7%37.1K-451.1K-8.0K0.2994.0712,5403,62025,65010,750
2022-04-27$4.18$4.0064.2%18.4%84.2%43.9%59.2%1.7%-11.7%38.9K-572.6K-7.9K0.4386.962109026,16010,860
2022-04-28$4.29$4.0062.6%17.9%80.6%42.3%68.1%10.7%-7.8%52.3K-955.4K-8.1K0.1278.4512,1901,41026,11010,860
2022-04-29$4.21$4.0068.6%19.7%79.7%48.4%75.7%-2.8%-10.6%49.7K-886.2K-9.1K0.1277.2212,1501,49025,91010,860