thetaOwl

SMCI

Super Micro Computer, Inc.Close $33.46EOD only
Max Pain
$31.50
Next expiry May 22, 2026
Expected Move
±$1.13
3.4% from close
Price Gap
-1.96
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.80
Slightly call-heavy
Consensus
7.0/10
Bullish tilt
Published snapshot: May 21, 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 21, 2026 close
SMCI AI Consensus Report
Analysis based on market close April 6, 2026

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

You are viewing an older report from April 6, 2026. A newer ai consensus report is available for May 21, 2026.

View latest report
Conviction
5.5

out of 10

5.5 not 6 because internal directional conflict and mixed flow undermine the pin thesis, while high IV and upcoming earnings in 29 days add uncertainty, though GEX support provides some stability.

Where Perspectives Agree

Neutral pin to $22-$24 — GEX positive supports pinning near max pain, with all personas acknowledging the high IV environment and earnings event risk.

Where They Diverge

Directional's GEX positive pinning conflicts with its own net premium negative flow signal, creating internal contradiction on bullish bias; earnings flow mixed further muddies conviction.

Top Trade
via theta

Sell Apr 17 $22/$20 put spread for $0.67 credit — defined risk, profits from pin holding above $22, expires pre-earnings.

Key Risk

Break below $20 flips GEX long, breaking the pin and accelerating downside to next support, invalidating the neutral thesis.

How to Use These Reports
This ai consensus reflects the market close on April 6, 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.