SMCI Options History — November 2024

In November 2024, SMCI traded between $18.14 and $38.21. ATM implied volatility averaged 149.5%, placing in the 68.2% IV rank vs the trailing year. The 30-day expected move averaged 42.7%. IV traded below realized volatility by 38.0% (HV 20d: 187.5%). Max pain ranged from $37.00 to $47.00. Net GEX was positive for 8 of 20 trading days. Term structure was in contango for 1 of 20 days. Put/call ratio averaged 0.77.

Notable Days

  • 2024-11-19: Highest Volume — 1,363,177 contracts
  • 2024-11-14: Largest IV spike — 33.0% change
  • 2024-11-01: Highest IV Rank — 100.0%
  • 2024-11-15: Largest Expected Move — 59.8%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$26.59$18.14$38.21$26.16$32.53
Max Pain$41.90$37.00$47.00$45.00$38.00
ATM IV149.5%116.8%215.3%175.6%122.0%
Expected Move42.7%34.7%59.8%59.8%37.6%
HV 20d187.5%156.6%238.0%169.9%185.0%
HV 60d132.3%119.2%147.8%119.8%147.8%
IV Rank68.2%38.8%100.0%100.0%42.1%
IV Percentile96.9%91.7%100.0%100.0%92.9%
Term Structure-5.5%-12.7%1.1%-5.3%-3.4%
VWIV151.1%125.0%210.6%210.6%136.1%
Skew 25d15.1%-2.3%44.8%44.8%-2.2%
Skew 10d30.1%-7.0%92.2%92.2%1.0%
Call IV 25d143.6%120.0%212.5%152.9%127.6%
Put IV 25d158.7%119.5%229.4%197.8%125.4%
Bid-Ask Spread %5.963.6910.665.146.66
Gamma HHI0.040.020.060.040.03
Net GEX-584.1K-13.8M17.4M-13.8M5.3M
Net DEX906.2M-1.56B2.46B2.41B-295.3M
Net VEX-13.0M-19.9M-8.3M-11.9M-17.7M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio0.770.341.421.420.84
Total Volume799,139.65322,3441,363,1771,122,385513,196
Total OI4,169,743.053,638,5204,491,2934,165,4564,371,357

Daily Data (20 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2024-11-01$26.16$45.00175.6%59.8%169.9%100.0%210.6%44.8%-5.3%-13.8M2.41B-11.9M1.425.14464,422657,9632,107,0532,058,403
2024-11-04$25.98$47.00173.5%45.2%156.6%98.3%153.4%41.6%-8.1%-8.9M2.10B-11.9M0.893.69366,678327,4381,944,8871,988,269
2024-11-05$26.88$46.00178.7%46.2%157.7%100.0%155.1%37.7%-9.3%-6.7M1.90B-12.8M0.915.08385,143349,1622,052,7072,030,545
2024-11-06$22.76$46.00153.1%41.5%162.8%79.4%137.1%32.6%-3.8%-13.0M2.46B-9.4M0.993.97580,439574,4022,169,0512,153,054
2024-11-07$25.26$45.00132.9%36.6%170.3%63.1%126.4%20.9%-3.0%-8.4M1.91B-10.6M0.864.81438,764376,0622,260,1202,097,838
2024-11-08$24.45$45.00130.9%36.7%168.9%61.6%129.7%20.0%1.1%-9.5M1.90B-10.3M0.774.69351,010269,8572,347,7502,143,543
2024-11-11$23.08$44.00143.2%40.4%168.9%71.4%141.2%21.0%-1.6%-7.9M1.79B-10.2M0.654.29277,190180,6392,065,4401,921,613
2024-11-12$21.77$44.00141.9%40.0%168.1%70.4%141.7%19.0%-1.6%-7.7M1.83B-9.5M0.734.90186,859135,4852,124,8751,964,472
2024-11-13$20.47$44.00143.4%40.7%166.9%71.6%145.1%15.4%-1.1%-8.6M1.85B-8.9M0.735.09235,120172,4622,173,5551,963,599
2024-11-14$18.14$44.00190.8%52.9%168.7%100.0%186.1%21.1%-6.9%-7.5M1.72B-8.3M1.267.84460,661578,4732,211,4591,988,615
2024-11-15$18.38$42.00215.3%59.8%169.7%100.0%210.6%16.9%-11.7%-6.2M1.47B-9.1M1.298.18399,738515,0952,299,7452,033,734
2024-11-18$21.27$40.00193.2%54.7%181.9%86.3%196.7%9.8%-11.1%-2.3M815.7M-11.1M0.5210.66547,345285,2331,802,3711,836,149
2024-11-19$28.50$40.00138.3%39.5%217.0%52.2%144.0%3.1%-7.2%6.3M139.2M-14.3M0.606.77851,570511,6071,974,8001,907,005
2024-11-20$25.98$39.00144.1%41.3%218.3%55.8%149.5%0.3%-8.4%5.3M447.6M-13.6M0.614.60398,189243,7532,141,1682,044,960
2024-11-21$29.76$38.00120.3%34.7%225.4%41.0%125.0%-1.2%-5.7%17.4M-207.9M-15.2M0.535.72631,860333,1992,210,4552,090,612
2024-11-22$33.08$38.00120.9%35.1%229.3%41.4%127.8%-2.3%-5.3%14.7M-973.2M-17.2M0.445.51896,075397,7212,242,9092,164,840
2024-11-25$38.21$37.00128.3%37.8%236.4%46.0%137.4%4.4%-12.7%15.3M-1.56B-19.9M0.348.71816,336275,9612,010,3811,957,562
2024-11-26$34.36$38.00126.8%38.5%238.0%45.0%140.5%-0.0%-2.9%11.0M-778.1M-18.9M0.516.71353,795179,3892,174,7432,050,371
2024-11-27$34.77$38.00116.8%35.5%189.8%38.8%128.3%-0.5%-2.4%13.6M-799.7M-18.9M0.536.25302,789161,7132,226,4142,088,437
2024-11-29$32.53$38.00122.0%37.6%185.0%42.1%136.1%-2.2%-3.4%5.3M-295.3M-17.7M0.846.66279,396233,8002,256,7622,114,595