SMCI Options History — April 2024

In April 2024, SMCI traded between $71.46 and $103.85. ATM implied volatility averaged 95.6%, placing in the 65.1% IV rank vs the trailing year. The 30-day expected move averaged 26.8%. IV traded above realized volatility by 3.2% (HV 20d: 92.4%). Max pain ranged from $80.00 to $93.00. Net GEX was positive for 12 of 22 trading days. Term structure was in contango for 4 of 22 days. Put/call ratio averaged 0.75.

Notable Days

  • 2024-04-19: Highest Volume — 4,727,640 contracts
  • 2024-04-19: Largest IV spike — 18.0% change
  • 2024-04-19: Highest IV Rank — 88.7%
  • 2024-04-19: Largest Expected Move — 32.0%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$89.32$71.46$103.85$103.85$86.77
Max Pain$84.02$80.00$93.00$92.00$80.50
ATM IV95.6%88.2%110.6%94.4%101.9%
Expected Move26.8%23.5%32.0%24.3%31.8%
HV 20d92.4%67.9%117.0%109.0%116.8%
HV 60d130.4%118.8%133.4%131.9%132.3%
IV Rank65.1%53.4%88.7%63.2%75.0%
IV Percentile90.4%80.6%98.0%92.1%95.6%
Term Structure-2.7%-5.8%2.7%-0.2%-4.4%
VWIV94.9%82.9%115.5%85.4%115.5%
Skew 25d-1.9%-4.8%2.0%-4.8%-1.3%
Skew 10d-2.5%-5.9%6.0%-5.0%-4.3%
Call IV 25d97.9%89.6%112.0%100.6%103.1%
Put IV 25d95.9%88.3%114.0%95.9%101.8%
Bid-Ask Spread %21.2115.0025.6218.0416.25
Gamma HHI0.050.020.340.020.03
Net GEX1.2M-171.8M164.2M34.3M38.1M
Net DEX-1.93B-4.47B4.11B-4.47B-3.29B
Net VEX-20.3M-22.4M-16.8M-20.9M-22.4M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.750.580.990.700.71
Total Volume1,480,869.545898,3604,727,6401,157,2401,125,260
Total OI3,325,271.8182,819,4003,845,9502,929,9003,059,360

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-04-01$103.85$92.0094.4%24.3%109.0%63.2%85.4%-4.8%-0.2%34.3M-4.47B-20.9M0.7018.04678,830478,4101,216,5501,713,350
2024-04-02$100.59$92.0093.8%23.5%85.0%62.2%82.9%-3.7%-0.9%17.5M-3.47B-21.2M0.6520.83599,660390,8801,408,1501,826,100
2024-04-03$101.60$93.0095.2%23.9%84.9%64.4%83.8%-4.5%-1.3%89.7M-4.22B-21.3M0.6520.75905,660587,6701,549,8101,890,660
2024-04-04$97.60$80.0097.1%26.5%83.8%67.4%93.7%-4.2%-3.2%-31.7M-2.36B-21.0M0.7220.971,054,240759,3901,632,1801,961,550
2024-04-05$94.49$81.0094.1%25.7%83.3%62.7%90.7%-3.1%-2.3%-138.7M-437.3M-20.6M0.8920.871,145,0301,019,9201,754,7602,091,190
2024-04-08$92.84$83.0092.4%25.2%83.3%60.1%89.6%-2.1%-3.9%-35.0M-1.54B-19.9M0.7521.35579,830437,6901,240,0401,762,950
2024-04-09$89.96$83.0091.2%24.9%81.5%58.1%88.2%-1.6%-3.9%-49.0M-821.8M-19.7M0.8023.97518,550417,2701,359,5201,866,500
2024-04-10$90.82$83.0090.1%24.8%75.8%56.4%87.4%-1.5%-4.2%-33.3M-1.20B-19.8M0.7724.82583,320450,2301,441,3501,919,080
2024-04-11$93.33$83.0088.2%24.4%76.1%53.4%85.8%-2.2%-3.7%32.5M-2.39B-19.8M0.7822.87694,930542,0901,527,2501,972,550
2024-04-12$89.74$85.0088.6%24.6%75.6%54.1%87.1%-1.0%-4.1%-171.8M-481.6M-19.1M0.9223.42681,980625,4301,613,3902,055,400
2024-04-15$88.67$85.0090.2%25.5%75.3%56.6%89.2%-1.1%2.3%-29.2M-1.22B-18.7M0.8625.62481,780416,5801,240,3501,755,940
2024-04-16$97.44$85.0093.1%26.5%76.4%61.1%93.1%-2.4%0.1%54.4M-4.24B-20.1M0.7322.70677,990491,8401,375,1901,835,660
2024-04-17$95.94$86.0093.9%26.9%67.9%62.4%96.5%-2.6%2.7%44.5M-3.84B-21.0M0.6423.58903,100575,4901,507,8201,956,150
2024-04-18$93.57$87.0093.7%26.8%68.2%62.1%96.1%-2.4%0.8%-3.2M-2.68B-20.4M0.6623.13599,270393,3301,620,5302,021,140
2024-04-19$71.46$87.00110.6%32.0%112.0%88.7%112.6%2.0%-2.5%-55.1M4.11B-16.8M0.9923.102,370,1802,357,4601,721,4502,059,900
2024-04-22$71.62$83.00101.8%29.2%112.1%74.8%103.2%0.2%-4.7%-23.4M897.7M-18.2M0.8722.68827,400721,4101,336,0401,483,360
2024-04-23$76.54$80.0099.4%28.1%109.9%71.0%100.6%-0.6%-5.8%17.6M-760.7M-20.4M0.5819.511,000,470578,1101,556,7401,607,200
2024-04-24$75.58$80.0098.9%28.2%109.9%70.3%100.0%-0.3%-5.5%14.3M-509.1M-20.5M0.8419.75766,380646,0801,668,4501,671,550
2024-04-25$78.65$80.0098.7%28.3%111.7%70.0%100.6%-0.3%-5.5%46.2M-1.59B-21.2M0.6822.15704,320477,5701,767,9601,725,180
2024-04-26$85.20$80.0096.0%27.7%116.4%65.7%98.1%-1.5%-4.6%164.2M-4.28B-21.5M0.6715.001,420,660950,8301,800,1401,763,230
2024-04-29$88.87$80.0099.9%30.3%117.0%71.8%108.2%-3.5%-4.3%44.2M-3.76B-22.0M0.7115.29550,060392,5501,334,9001,485,410
2024-04-30$86.77$80.50101.9%31.8%116.8%75.0%115.5%-1.3%-4.4%38.1M-3.29B-22.4M0.7116.25659,780465,4801,454,9301,604,430