SMCI Options History — June 2022

In June 2022, SMCI traded between $4.00 and $5.63. ATM implied volatility averaged 55.2%, placing in the 34.9% IV rank vs the trailing year. The 30-day expected move averaged 15.6%. IV traded below realized volatility by 3.6% (HV 20d: 58.8%). Max pain ranged from $4.00 to $5.00. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 17 of 21 days. Put/call ratio averaged 0.32.

Notable Days

  • 2022-06-08: Highest Volume — 42,090 contracts
  • 2022-06-08: Largest IV drop — 18.5% change
  • 2022-06-24: Highest IV Rank — 50.0%
  • 2022-06-24: Largest Expected Move — 20.2%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$4.72$4.00$5.63$5.20$4.00
Max Pain$4.43$4.00$5.00$4.50$4.00
ATM IV55.2%47.3%70.3%53.3%55.5%
Expected Move15.6%13.6%20.2%15.3%15.9%
HV 20d58.8%45.4%109.4%109.4%62.4%
HV 60d83.9%80.3%86.5%80.3%86.0%
IV Rank34.9%27.1%50.0%33.0%35.3%
IV Percentile76.5%55.2%96.4%74.2%79.8%
Term Structure4.1%-22.6%14.7%-3.3%8.7%
VWIV55.4%46.7%76.4%50.9%56.4%
Skew 25d3.6%-2.9%9.5%7.2%-1.1%
Skew 10d8.1%-5.5%19.7%11.2%5.7%
Call IV 25d52.7%45.5%58.7%50.7%56.9%
Put IV 25d56.3%49.7%63.8%58.0%55.8%
Bid-Ask Spread %68.8258.7481.1272.5081.12
Gamma HHI0.570.480.680.540.48
Net GEX376.7K178.0K878.5K553.6K179.2K
Net DEX-9.8M-25.0M-3.2M-13.0M-3.2M
Net VEX-56.3K-85.9K-34.7K-69.9K-34.8K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.320.130.810.440.20
Total Volume16,979.5247,24042,09014,16010,750
Total OI85,571.42964,610103,02085,27068,600

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-06-01$5.20$4.5053.3%15.3%109.4%33.0%50.9%7.2%-3.3%553.6K-13.0M-69.9K0.4472.509,8304,33074,78010,490
2022-06-02$5.54$4.5049.7%14.1%55.8%29.4%49.0%6.5%6.0%738.8K-18.0M-78.1K0.2564.6417,7404,41073,77010,750
2022-06-03$5.49$4.5049.1%14.6%49.7%28.9%52.0%6.3%6.4%690.5K-19.0M-80.2K0.4070.4811,4004,53076,86010,840
2022-06-06$5.48$4.5054.4%13.9%48.2%34.2%52.6%3.4%10.6%690.1K-19.9M-80.5K0.2768.1417,7204,82080,35011,060
2022-06-07$5.63$4.5058.1%14.4%45.4%37.9%50.0%3.1%5.1%878.5K-25.0M-85.9K0.3471.1213,7804,69087,82011,440
2022-06-08$5.41$5.0047.4%13.6%46.4%27.1%59.0%-2.1%10.4%712.6K-20.2M-81.3K0.1358.9737,2904,80088,11011,300
2022-06-09$5.04$4.5052.4%15.0%51.7%32.1%56.6%0.2%8.0%474.3K-14.0M-72.2K0.1569.2334,8505,24091,52011,500
2022-06-10$4.91$4.5047.3%13.6%51.3%27.1%50.6%5.0%14.7%337.6K-10.3M-63.3K0.1664.0730,6804,95088,84011,820
2022-06-13$4.67$4.5055.7%16.0%52.6%35.4%57.5%0.1%5.7%288.9K-8.0M-56.0K0.4358.7411,9805,21090,47011,870
2022-06-14$4.65$4.5056.2%16.1%52.5%35.9%56.3%1.2%5.3%253.0K-7.8M-54.8K0.4360.2811,4204,92090,03012,070
2022-06-15$4.72$4.5055.4%15.9%51.2%35.1%56.1%1.5%5.9%259.9K-8.3M-57.9K0.7263.926,7704,88090,11012,010
2022-06-16$4.31$4.5061.7%17.7%58.9%41.4%63.2%3.9%-3.8%189.7K-4.4M-44.8K0.6367.407,4404,72090,02012,010
2022-06-17$4.32$4.5054.6%15.7%58.3%34.3%47.5%1.6%6.5%204.3K-4.6M-44.5K0.8159.805,9504,81090,50011,880
2022-06-21$4.50$4.5052.9%15.2%60.7%32.6%46.7%6.9%4.0%236.9K-5.9M-48.4K0.2465.105,8301,41060,4104,200
2022-06-22$4.33$4.5053.4%15.3%61.8%33.1%53.0%6.0%4.9%212.5K-4.5M-40.5K0.2274.255,9901,31060,6504,200
2022-06-23$4.17$4.5061.6%17.7%62.4%41.3%52.1%5.4%-0.2%181.9K-3.6M-35.8K0.1868.097,8001,44060,7404,240
2022-06-24$4.14$4.5070.3%20.2%61.4%50.0%68.3%9.5%-22.6%178.0K-3.4M-35.5K0.1381.019,8001,31061,9404,310
2022-06-27$4.35$4.0059.2%17.0%64.3%38.9%76.4%8.8%0.9%238.0K-5.3M-43.9K0.1479.599,3401,35064,0004,380
2022-06-28$4.20$4.0054.9%15.7%64.9%34.7%55.4%5.0%5.4%216.4K-4.4M-39.3K0.1777.349,0901,51064,1104,390
2022-06-29$4.11$4.0055.2%15.8%64.7%34.9%54.6%-2.9%8.0%195.9K-3.6M-34.7K0.1769.518,9801,50064,0704,540
2022-06-30$4.00$4.0055.5%15.9%62.4%35.3%56.4%-1.1%8.7%179.2K-3.2M-34.8K0.2081.128,9801,77064,0904,510