SMCI Options History — December 2022

In December 2022, SMCI traded between $7.81 and $9.07. ATM implied volatility averaged 58.1%, placing in the 34.1% IV rank vs the trailing year. The 30-day expected move averaged 15.7%. IV traded below realized volatility by 2.2% (HV 20d: 60.3%). Max pain ranged from $7.50 to $8.50. Net GEX was positive for 21 of 21 trading days. Term structure was in contango for 19 of 21 days. Put/call ratio averaged 0.82.

Notable Days

  • 2022-12-20: Highest Volume — 68,190 contracts
  • 2022-12-14: Largest IV drop — 24.4% change
  • 2022-12-12: Highest IV Rank — 49.2%
  • 2022-12-19: Largest Expected Move — 17.3%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$8.43$7.81$9.07$9.07$8.17
Max Pain$7.98$7.50$8.50$8.50$8.00
ATM IV58.1%51.6%72.1%52.6%57.8%
Expected Move15.7%14.8%17.3%15.1%16.6%
HV 20d60.3%53.8%67.2%56.0%61.4%
HV 60d62.0%57.8%64.1%60.7%63.3%
IV Rank34.1%27.6%49.2%28.7%31.4%
IV Percentile56.7%29.4%94.4%36.5%59.1%
Term Structure7.6%-4.4%14.6%-1.8%7.6%
VWIV55.0%51.0%60.3%53.2%56.6%
Skew 25d4.3%0.9%7.9%1.5%7.8%
Skew 10d8.9%3.5%16.5%9.2%14.3%
Call IV 25d53.1%49.1%59.3%53.0%52.5%
Put IV 25d57.4%54.3%63.9%54.5%60.3%
Bid-Ask Spread %47.9840.4052.2649.6350.58
Gamma HHI0.250.170.390.190.29
Net GEX1.4M674.3K2.0M1.3M1.5M
Net DEX-48.6M-66.9M-28.3M-53.2M-44.0M
Net VEX-172.3K-225.5K-125.0K-125.0K-193.6K
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.820.083.640.120.83
Total Volume22,255.2384,48068,19010,2806,190
Total OI221,488.571171,550260,850171,740247,100

Daily Data (21 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2022-12-01$9.07$8.5052.6%15.1%56.0%28.7%53.2%1.5%-1.8%1.3M-53.2M-125.0K0.1249.639,1801,100111,38060,360
2022-12-02$8.67$8.5054.1%15.5%58.9%30.3%53.6%2.7%-4.4%1.1M-43.9M-134.7K0.7346.066,3304,600116,92060,750
2022-12-05$8.35$7.5060.7%15.2%59.1%37.3%53.1%3.9%5.6%943.6K-36.2M-126.6K1.6951.245,6709,590117,74062,820
2022-12-06$8.60$7.5061.0%15.8%59.7%37.6%55.2%0.9%8.1%1.1M-43.2M-131.2K0.2050.4447,9509,360118,38068,610
2022-12-07$8.60$7.5061.6%15.6%59.4%38.2%54.1%1.4%9.2%1.5M-53.1M-174.9K0.0847.8912,2601,040147,18075,270
2022-12-08$8.56$8.0061.0%15.8%57.5%37.5%55.0%1.7%7.6%1.5M-53.1M-174.1K0.3146.827,7102,390151,85075,460
2022-12-09$8.44$8.0059.9%15.5%55.8%36.3%54.9%3.0%9.2%1.4M-48.8M-166.0K0.5850.352,8301,650151,82076,640
2022-12-12$8.90$8.0072.1%15.5%56.8%49.2%55.1%2.0%9.6%1.8M-64.1M-166.8K1.5542.977,80012,120150,50077,970
2022-12-13$9.02$8.0069.2%15.1%56.7%46.2%53.1%3.3%10.1%1.9M-66.9M-168.8K2.4352.266,53015,890151,62084,870
2022-12-14$8.99$8.0052.3%15.0%53.8%28.4%51.9%3.4%9.7%2.0M-65.4M-176.8K1.0951.265,4405,910152,40097,760
2022-12-15$8.03$8.0056.8%16.3%64.7%33.1%59.0%3.5%9.9%894.6K-33.0M-165.6K0.6047.1223,59014,170153,530101,980
2022-12-16$8.10$8.0057.6%16.5%61.2%33.9%57.7%4.9%8.7%1.1M-37.9M-165.6K0.4542.2717,3307,880155,490105,360
2022-12-19$7.81$8.0060.4%17.3%62.3%36.9%60.2%4.5%8.5%674.3K-28.3M-154.7K0.1047.7558,1805,560107,33064,220
2022-12-20$8.40$8.0051.6%14.8%67.2%27.6%51.0%6.4%14.6%1.2M-52.0M-197.9K0.1540.4059,5008,690133,03067,440
2022-12-21$8.40$8.0052.1%15.0%65.0%28.2%52.6%6.5%8.6%2.0M-64.6M-225.5K0.2849.0129,5608,350165,77072,530
2022-12-22$8.17$8.0054.2%15.5%64.1%30.4%52.0%6.5%8.4%1.6M-47.6M-199.5K0.4444.866,4902,880149,51078,840
2022-12-23$8.18$8.0054.1%15.5%61.5%30.3%54.2%6.3%7.6%1.6M-47.1M-199.6K0.5051.687,7403,900150,46083,160
2022-12-27$8.31$8.0053.8%15.4%61.5%29.9%55.6%5.9%8.6%1.7M-51.6M-192.2K0.7947.942,5101,990149,13082,220
2022-12-28$8.09$8.0058.7%16.8%62.0%33.7%60.3%7.9%7.7%1.5M-43.6M-186.3K3.6450.163,39012,350149,16083,040
2022-12-29$8.18$8.0058.1%16.6%61.8%31.7%57.4%7.4%6.9%1.5M-43.7M-193.0K0.5846.827,4304,330149,67091,990
2022-12-30$8.17$8.0057.8%16.6%61.4%31.4%56.6%7.8%7.6%1.5M-44.0M-193.6K0.8350.583,3902,800154,36092,740