Home Options SMCIReports

SMCI

Super Micro Computer, Inc.Close $30.66EOD only

Max Pain

$30.50

Next expiry Jun 26, 2026

Expected Move

±$2.85

9.3% from close

Price Gap

-0.16

Distance to max pain

IV Rank

100

High premium

P/C OI

0.67

Slightly call-heavy

Consensus

8.0/10

Bullish tilt

Published snapshot: Jun 18, 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

Jun 18, 2026 close

SMCI Flow Report

Analysis based on market close June 22, 2026

Directional Theta Gang Flow Earnings Consensus

Historical consensus-supported lens with full content, report chain context, and metric rail.

Flow Verdict

Confidence:

8 / 10

base 5; +2 GEX/flow strongly aligned; +1 GEX positive (pinning); -1 spot 16.3% from MP; +1 VIX 17

Watch next session: $36.00; $37.50

Flow Summary

Net premium: +$91.8M bullish

P/C volume ratio: 0.23

P/C OI ratio: 0.76

Massive call buying drives net premium to $91.8M, put/call volume ratio 0.23. GEX +$55.4M. Despite SPY/QQQ down, SMCI flow is strongly bullish, focused on $36-37 strikes. Gamma pinning supports.

Notable Prints

SMCI 2026-06-26 $46.50 Call

Vol: 3,197

OI: 148

Vol/OI: 21.6x

IV: 126.6%

Notional: ~$38K

Intent: Bullish lottery

Read-through: High vol/oi, far OTM

SMCI 2026-06-26 $35.50 Call

Vol: 11,564

OI: 698

Vol/OI: 16.6x

IV: 102.1%

Notional: ~$1.9M

Intent: Bullish

Read-through: High vol/oi, near ATM

SMCI 2026-06-26 $36.00 Put

Vol: 2,777

OI: 203

Vol/OI: 13.7x

IV: 100.8%

Notional: ~$542K

Intent: Hedge or bearish

Read-through: High vol/oi, ATM

SMCI 2026-06-26 $37.00 Call

Vol: 13,104

OI: 991

Vol/OI: 13.2x

IV: 104.3%

Notional: ~$1.4M

Intent: Bullish

Read-through: High vol/oi, OTM

SMCI 2026-06-26 $34.00 Put

Vol: 4,931

OI: 388

Vol/OI: 12.7x

IV: 99.4%

Notional: ~$488K

Intent: Hedge or bearish

Read-through: High vol/oi, ITM

Institutional Positioning

Call additions: Heavy call buying, net $91.8M premium; high vol/OI at $36C, $35.5C, $37C

Put additions: Modest put adds at $34P, $35.5P, $36P (vol/OI >10)

GEX/DEX consistency: Consistent: GEX +$55.4M, DEX +66.5M shares confirm bullish flow

OI clusters: Largest OI at $36C (2296) and $37C (991); put OI concentrated near $34-$36

Hedging evidence: Some put buying may hedge long call exposure; overall net bullish

Max pain context: Spot above MP, pinning near $36 with positive gamma; gamma flip at $30 from put OI

Signal vs Noise

~Low put/call volume ratio (0.23) real signal of call dominance

~Unusual prints with vol/OI >10 represent real flow, not noise

Key Conclusions

🚀Bullish flow dominates; net premium $91.8M, GEX positive, call OI building at $36-$37.

⚠️Spot 16.3% above MP; risk of pinning pullback if no catalyst.

📊High IV (>100%) reflects elevated uncertainty; position sizing critical.

How to Use These Reports

This flow reflects the market close on June 22, 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.