SMCI Options History — September 2024

In September 2024, SMCI traded between $38.84 and $46.46. ATM implied volatility averaged 73.5%, placing in the 30.2% IV rank vs the trailing year. The 30-day expected move averaged 21.1%. IV traded below realized volatility by 25.4% (HV 20d: 98.8%). Max pain ranged from $48.00 to $59.00. Net GEX was positive for 9 of 20 trading days. Term structure was in contango for 15 of 20 days. Put/call ratio averaged 0.86.

Notable Days

  • 2024-09-26: Highest Volume — 5,929,300 contracts
  • 2024-09-26: Largest IV spike — 21.9% change
  • 2024-09-26: Highest IV Rank — 44.8%
  • 2024-09-26: Largest Expected Move — 24.1%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$43.28$38.84$46.46$44.40$41.40
Max Pain$53.50$48.00$59.00$55.00$48.00
ATM IV73.5%66.3%82.7%78.7%75.8%
Expected Move21.1%18.8%24.1%23.8%21.0%
HV 20d98.8%71.5%130.7%130.7%72.2%
HV 60d91.7%88.7%95.2%93.8%92.4%
IV Rank30.2%18.9%44.8%38.4%33.8%
IV Percentile44.3%27.0%65.5%59.1%46.4%
Term Structure1.5%-4.2%8.3%-4.2%8.3%
VWIV75.0%66.1%85.6%85.6%75.5%
Skew 25d4.5%0.2%12.0%7.0%6.6%
Skew 10d9.4%1.3%24.1%17.3%8.8%
Call IV 25d71.7%65.4%77.0%75.8%75.0%
Put IV 25d76.2%66.9%88.0%82.8%81.6%
Bid-Ask Spread %29.4020.7640.3725.6440.37
Gamma HHI0.050.020.120.040.04
Net GEX-5.4M-62.5M69.7M-16.9M-19.2M
Net DEX1.74B155.6M3.70B2.47B1.71B
Net VEX-19.8M-21.4M-17.2M-20.4M-19.5M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.860.561.290.900.90
Total Volume2,086,070982,1005,929,3001,676,1401,528,860
Total OI4,952,533.54,092,6405,756,2404,648,0904,483,700

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-09-03$44.40$55.0078.7%23.8%130.7%38.4%85.6%7.0%-4.2%-16.9M2.47B-20.4M0.9025.64881,710794,4302,382,1202,265,970
2024-09-04$42.03$55.0079.1%23.5%130.2%39.1%85.0%8.0%-1.8%-46.7M3.20B-19.3M1.1226.97818,710916,6102,562,2102,436,280
2024-09-05$41.07$59.0077.6%22.1%101.6%36.8%75.8%7.3%-0.8%-62.5M3.28B-18.5M1.0527.42794,670834,1802,725,6902,510,050
2024-09-06$38.84$58.0079.5%22.8%101.9%39.7%82.5%7.8%-0.8%-59.5M3.70B-17.2M1.2921.501,250,7701,607,7102,874,2002,480,520
2024-09-09$40.88$56.0076.5%22.0%104.3%35.0%80.7%5.7%0.8%-18.9M2.26B-18.2M0.7120.76917,820651,3902,335,9502,124,930
2024-09-10$40.89$55.0074.4%21.5%100.9%31.7%75.9%5.1%0.7%-13.6M2.19B-18.5M1.0021.71489,980492,1202,517,5902,234,850
2024-09-11$44.10$55.0072.2%21.0%103.5%28.2%74.3%3.8%1.5%27.6M920.2M-20.2M0.8622.42989,340849,4102,594,4002,267,600
2024-09-12$44.24$55.0071.6%20.6%103.2%27.3%72.8%3.4%-0.1%20.6M922.1M-20.5M0.7722.93791,330610,5602,702,3302,392,920
2024-09-13$45.65$55.0070.7%20.6%98.3%25.9%73.5%1.5%2.8%69.7M155.6M-21.4M0.7024.162,149,4901,510,7902,782,1902,503,950
2024-09-16$45.02$54.0073.7%21.1%98.2%30.5%76.1%2.0%0.4%4.8M1.14B-21.1M0.7428.91776,910574,0302,529,4102,169,700
2024-09-17$43.86$54.0072.2%20.7%98.2%28.2%72.8%2.6%0.8%-2.2M1.59B-20.0M0.7428.75629,950464,2902,720,0702,357,650
2024-09-18$43.82$54.0071.0%20.4%98.3%26.3%71.3%2.1%1.1%-7.6M1.66B-19.9M0.6832.52932,290638,4702,800,6902,470,270
2024-09-19$43.68$52.0066.8%19.0%97.9%19.6%66.5%2.1%1.9%-27.5M1.80B-19.5M0.8535.10945,110806,3802,874,5502,586,100
2024-09-20$45.21$52.0066.3%18.8%99.6%18.9%66.1%1.5%2.2%52.0M633.1M-20.2M0.8036.261,519,3901,208,2402,998,1402,639,240
2024-09-23$46.46$52.0068.5%19.3%100.4%22.4%69.1%0.3%2.0%20.4M545.4M-21.0M0.5630.301,297,940723,0702,101,0701,991,570
2024-09-24$46.27$51.0067.6%19.0%96.4%21.0%67.2%0.2%4.7%19.9M646.7M-20.8M0.6431.52828,350530,7702,285,3502,134,190
2024-09-25$45.93$51.0067.9%19.0%96.4%21.4%66.9%0.9%6.2%10.8M827.2M-20.9M0.6233.27765,380476,9102,378,5302,250,920
2024-09-26$40.11$50.0082.7%24.1%71.5%44.8%84.8%12.0%1.2%-61.9M3.14B-18.1M1.1037.542,829,1203,100,1802,496,6602,332,870
2024-09-27$41.81$49.0076.8%21.3%72.8%35.4%77.8%9.1%4.2%2.9M1.94B-19.6M1.2039.961,727,8702,066,8702,940,9902,815,250
2024-09-30$41.40$48.0075.8%21.0%72.2%33.8%75.5%6.6%8.3%-19.2M1.71B-19.5M0.9040.37806,290722,5702,261,0902,222,610