SMCI Options History — August 2024

In August 2024, SMCI traded between $43.54 and $66.80. ATM implied volatility averaged 73.7%, placing in the 30.6% IV rank vs the trailing year. The 30-day expected move averaged 21.3%. IV traded below realized volatility by 27.2% (HV 20d: 100.9%). Max pain ranged from $57.00 to $80.00. Net GEX was positive for 8 of 22 trading days. Term structure was in contango for 1 of 22 days. Put/call ratio averaged 0.84.

Notable Days

2024-08-28: Highest Volume — 7,515,480 contracts
2024-08-28: Largest IV spike — 36.0% change
2024-08-05: Highest IV Rank — 67.6%
2024-08-02: Largest Expected Move — 29.0%

Monthly Statistics

Metric	Avg	Min	Max	Open	Close
Price	$56.73	$43.54	$66.80	$66.80	$43.54
Max Pain	$67.64	$57.00	$80.00	$80.00	$57.00
ATM IV	73.7%	63.0%	97.2%	82.8%	75.9%
Expected Move	21.3%	18.1%	29.0%	26.9%	22.4%
HV 20d	100.9%	54.3%	131.3%	60.6%	130.1%
HV 60d	81.4%	68.2%	94.0%	68.2%	93.7%
IV Rank	30.6%	13.6%	67.6%	44.8%	34.0%
IV Percentile	47.8%	24.2%	90.5%	66.7%	50.0%
Term Structure	-1.9%	-5.3%	0.1%	-4.2%	-1.1%
VWIV	75.7%	65.0%	102.6%	96.1%	79.1%
Skew 25d	2.8%	-1.6%	10.3%	-1.6%	8.4%
Skew 10d	5.7%	-5.1%	19.7%	-5.1%	16.7%
Call IV 25d	73.1%	64.6%	90.0%	85.4%	72.7%
Put IV 25d	75.9%	64.2%	99.6%	83.8%	81.1%
Bid-Ask Spread %	17.08	7.13	28.54	20.40	24.70
Gamma HHI	0.04	0.02	0.10	0.04	0.04
Net GEX	-18.8M	-117.0M	65.9M	-76.0M	-42.2M
Net DEX	1.78B	-1.77B	5.11B	2.58B	3.49B
Net VEX	-22.4M	-25.8M	-16.1M	-24.1M	-20.0M
Div Yield	0.0%	0.0%	0.0%	0.0%	0.0%
P/C Ratio	0.84	0.56	1.38	0.88	1.11
Total Volume	2,514,607.727	932,190	7,515,480	1,592,000	3,722,610
Total OI	4,280,046.364	3,399,270	6,115,590	3,912,780	6,115,590

Daily Data (22 trading days)

Date	Price	Max Pain	ATM IV	Exp Move	HV 20d	IV Rank	VWIV	Skew 25d	Term Str	GEX	DEX	VEX	P/C	Spread %	Call Vol	Put Vol	Call OI	Put OI
2024-08-01	$66.80	$80.00	82.8%	26.9%	60.6%	44.8%	96.1%	-1.6%	-4.2%	-76.0M	2.58B	-24.1M	0.88	20.40	848,770	743,230	1,846,580	2,066,200
2024-08-02	$62.44	$80.00	88.5%	29.0%	63.4%	53.9%	102.6%	2.8%	-4.8%	-117.0M	3.95B	-22.4M	1.01	22.58	1,274,220	1,284,830	1,970,950	2,104,310
2024-08-05	$60.74	$78.00	97.2%	25.2%	54.3%	67.6%	89.3%	9.6%	-5.3%	-36.6M	2.67B	-23.0M	0.93	7.39	482,530	449,660	1,562,470	1,836,800
2024-08-06	$62.67	$77.00	89.0%	23.7%	57.3%	54.6%	84.1%	3.7%	-3.7%	-29.5M	2.11B	-23.9M	0.66	7.13	841,370	553,560	1,679,280	1,909,430
2024-08-07	$49.38	$76.00	76.2%	21.0%	96.5%	34.6%	72.9%	6.3%	-0.2%	-64.2M	5.11B	-16.1M	0.87	26.07	1,988,820	1,723,430	1,987,780	2,127,310
2024-08-08	$50.71	$70.00	72.7%	20.0%	98.2%	29.1%	71.0%	5.1%	-3.2%	-37.9M	3.64B	-18.6M	1.18	22.65	1,435,250	1,700,290	2,495,440	2,214,580
2024-08-09	$50.91	$68.00	67.9%	19.2%	97.3%	21.5%	68.5%	4.4%	-1.3%	-8.0M	3.09B	-18.9M	0.92	24.62	1,193,430	1,097,580	2,632,610	2,257,240
2024-08-12	$54.17	$67.00	68.7%	19.2%	102.6%	22.7%	68.4%	2.9%	-1.5%	-16.1M	1.90B	-20.6M	0.72	19.93	1,144,770	823,410	1,874,040	1,891,380
2024-08-13	$56.86	$66.00	66.6%	18.8%	105.8%	19.4%	67.4%	1.9%	-0.9%	7.2M	998.0M	-22.3M	0.60	13.05	1,168,370	706,060	2,069,470	2,070,680
2024-08-14	$57.62	$67.00	65.3%	18.5%	105.5%	17.3%	65.9%	1.8%	-0.5%	7.0M	803.9M	-22.7M	0.70	12.84	978,670	685,180	2,155,310	2,158,750
2024-08-15	$62.62	$66.00	65.6%	18.4%	111.2%	17.8%	66.3%	-0.9%	-2.1%	65.9M	-1.77B	-24.8M	0.76	9.54	2,111,650	1,595,600	2,263,410	2,242,580
2024-08-16	$62.40	$66.00	64.8%	18.4%	111.3%	16.6%	66.3%	-0.5%	-0.7%	24.5M	-1.41B	-25.1M	0.66	10.19	2,006,410	1,314,240	2,470,170	2,479,730
2024-08-19	$62.20	$66.00	65.8%	18.8%	111.3%	18.1%	66.7%	-0.8%	-0.0%	16.3M	-348.9M	-24.8M	0.62	10.10	1,050,350	655,020	1,701,670	1,812,060
2024-08-20	$61.38	$65.00	66.8%	19.1%	111.2%	19.7%	68.1%	-1.0%	-1.9%	12.3M	-99.0M	-25.3M	0.66	9.43	886,010	587,570	1,872,910	1,956,490
2024-08-21	$62.09	$64.50	65.6%	18.8%	107.0%	17.8%	66.6%	-1.0%	-1.7%	22.9M	-383.1M	-25.8M	0.58	11.47	960,900	557,720	1,987,930	2,043,510
2024-08-22	$60.59	$64.00	66.7%	19.2%	107.1%	19.5%	67.9%	-0.4%	-0.5%	-14.2M	384.5M	-25.0M	0.56	13.62	1,066,510	601,860	2,022,170	2,085,670
2024-08-23	$61.17	$64.00	63.0%	18.1%	107.0%	13.6%	65.0%	-0.4%	-0.1%	21.3M	-10.2M	-24.8M	0.70	14.77	1,040,650	728,620	2,153,190	2,145,830
2024-08-26	$55.99	$64.00	73.5%	21.7%	110.8%	30.2%	77.5%	2.4%	-1.7%	-30.2M	1.69B	-23.1M	0.89	19.81	1,066,380	948,370	1,639,840	1,789,970
2024-08-27	$55.07	$63.00	68.1%	20.1%	109.5%	21.7%	71.6%	1.2%	0.1%	-50.8M	2.17B	-23.2M	1.13	20.97	1,016,010	1,151,060	1,950,130	2,147,900
2024-08-28	$43.92	$61.50	92.6%	28.1%	130.8%	60.3%	101.0%	10.3%	-3.5%	-59.5M	4.76B	-18.1M	1.05	28.54	3,658,750	3,856,730	2,123,860	2,296,810
2024-08-29	$44.86	$58.00	78.1%	23.4%	131.3%	37.5%	83.7%	7.9%	-2.5%	-9.4M	3.71B	-20.7M	1.38	26.00	1,520,230	2,094,690	3,024,790	2,924,200
2024-08-30	$43.54	$57.00	75.9%	22.4%	130.1%	34.0%	79.1%	8.4%	-1.1%	-42.2M	3.49B	-20.0M	1.11	24.70	1,766,110	1,956,500	3,165,300	2,950,290