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SMCI

Super Micro Computer, Inc.Close $30.56EOD only

Max Pain

$31.00

Next expiry May 22, 2026

Expected Move

±$2.02

6.6% from close

Price Gap

+0.44

Distance to max pain

IV Rank

Low premium

P/C OI

0.83

Slightly call-heavy

Consensus

8.5/10

Bullish tilt

Published snapshot: May 19, 2026 close

End-of-day snapshot

This page reflects SMCI options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.

Published Snapshot

May 19, 2026 close

SMCI Flow Report

Analysis based on market close May 19, 2026

Directional Theta Gang Flow Earnings Consensus

Consensus-supported lens with chain history and key metrics in the rail.

Flow Verdict

Confidence:

9 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); +0.5 spot 1.4% from MP; +0.5 VIX 18

Watch next session: $30 strike; $32.5 strike; put/call ratio

Flow Summary

Net premium: +$1.0M bullish

P/C volume ratio: 0.36

P/C OI ratio: 0.83

Strong call buying dominates, net premium +$1M, GEX +$40M bullish. Spot below MP but gamma pinning and low put/call ratio (0.36) support bullish bias. Unusual prints concentrated in near-term calls.

Notable Prints

SMCI 2026-05-22 $32.50 Call

Vol: 9,596

OI: 1,193

Vol/OI: 8.0x

IV: 81.1%

Notional: ~$345K

Intent: Aggressive call buying

Read-through: Short-term bullish

SMCI 2026-05-29 $42.00 Call

Vol: 914

OI: 357

Vol/OI: 2.6x

IV: 85.2%

Notional: ~$4K

Intent: Speculative bullish

Read-through: Long shot OTM

SMCI 2026-05-22 $31.00 Call

Vol: 4,647

OI: 1,958

Vol/OI: 2.4x

IV: 80.1%

Notional: ~$390K

Intent: Directional call buying

Read-through: Expect rise to $31

SMCI 2026-05-22 $30.00 Call

Vol: 3,458

OI: 1,780

Vol/OI: 1.9x

IV: 80.3%

Notional: ~$481K

Intent: Bullish momentum

Read-through: Target $30 by expiry

SMCI 2026-06-05 $38.00 Call

Vol: 405

OI: 209

Vol/OI: 1.9x

IV: 79.9%

Notional: ~$12K

Intent: Bullish spread

Read-through: Later date upside

Institutional Positioning

Call additions: Heavy call buying at $30-32.5 strikes for May22; $32.5C 8x OI.

Put additions: Minimal; no notable put OI within 30% below spot.

GEX/DEX consistency: Consistent bullish: GEX +$40.1M, DEX +52.6M shares.

OI clusters: Largest call OI at $30 (1.8k), $31 (2k), $32.5 (1.2k) for May22.

Hedging evidence: None; flow is directional calls.

Max pain context: Spot below MP; pinning up likely. MP ~$30.

Signal vs Noise

~Heavy May22 call volume is signal; broader market dip is noise.

~Low put activity confirms bullish flow signal.

~Late-week small OI calls are noise.

Key Conclusions

📈Aggressive call accumulation suggests bullish intent; low put activity.

🎯Spot below MP but positive GEX/DEX; pinning to higher strikes expected.

How to Use These Reports

This flow reflects the market close on May 19, 2026.

What the reports do

Each report translates the same market-close options snapshot into a specific lens such as directional bias, premium-selling posture, flow quality, or earnings setup.

How traders use them

Reports are most useful for narrowing the playbook, surfacing entry and risk context, and deciding which raw data page to inspect next.

What to remember

These are interpretation layers, not execution guarantees. Validate the setup against chain liquidity, expected move, and exposure before sizing risk.

If the report conviction and the raw data disagree, slow down and resolve the mismatch before sizing risk.