SMCI Options
SMCI $29.79 · Updated Nov 10, 4:00 PM ET
SMCI is at $29.79. The nearest expiration, Nov 13, 2026 (3 days out), lists 70 strikes, with 28,793 calls and 9,442 puts traded in the latest session. At-the-money implied volatility is 93.2%. The at-the-money straddle prices a move of about $2.70 (9.0%) by expiration.
SMCI Options Chain
SMCI is at $29.79. The nearest expiration, Nov 13, 2026 (3 days out), lists 70 strikes, with 28,793 calls and 9,442 puts traded in the latest session. At-the-money implied volatility is 93.2%. The at-the-money straddle prices a move of about $2.70 (9.0%) by expiration.
SMCI Gamma Exposure (GEX)
SMCI total dealer gamma exposure is $3M across all listed expirations. Positive GEX means dealers are net long gamma; their hedging tends to dampen price moves. The gamma flip is $26.94, with spot 10.6% above it. The call wall is $30.00 and the put wall $25.00.
SMCI Max Pain
SMCI max pain for Nov 13, 2026 (3 days out) is $28.50, 4.3% below the current $29.79. That is the settlement price at which the open contracts on that date would pay holders the least. For Dec 11, 2026, max pain is $31.00.
SMCI Put/Call Ratio (Put to Call Ratio)
Across every listed SMCI expiration, the put/call ratio is 0.59 by volume and 0.79 by open interest. More calls than puts are trading. 797,186 puts and 1,013,758 calls are open in total.
SMCI Implied Volatility
SMCI at-the-money implied volatility is 93.2% for Nov 13, 2026 (3 days out). For Dec 11, 2026 it is 76.3%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
SMCI Open Interest by Strike
Across all SMCI expirations, the largest call open interest near the current $29.79 sits at the $30.00 strike (69,326 contracts) and the largest put open interest at $30.00 (47,439). 1,013,758 calls and 797,186 puts are open in total.
SMCI Expected Move
The options market prices SMCI to move about $2.70 (9.0%) by Nov 13, 2026, a range of $27.10 to $32.49. For Dec 11, 2026 (31 days out) the expected move is $5.40 (18.1%).