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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 7, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 7, 2026. A newer ai consensus report is available for May 21, 2026.

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Conviction
5.5

out of 10

5.5 because positioning (GEX pin and MP ladder) coherently point to a short-term magnet, but conviction is tempered by heavy protection buying and a high front-end IV/near-term earnings window that can produce abrupt vol spikes and a gamma flip; those event risks prevent a higher score.

Where Perspectives Agree

Short-term pin into the $23.50–$25 area with dealer short-gamma creating a magnet and amplifying any directional breakout; current positioning and skew make defined-risk premium selling attractive around that band.

Where They Diverge

Flow/earnings show heavy institutional protection buying and a rich front-end earnings term structure that imply a demand for convexity — this directly undermines aggressive naked premium selling and any pure bullish gamma punts. Theta favors short premium; flow and earnings imply buying protection that would spike IV and punish those shorts.

Top Trade
via theta

Sell 30d 5/15 20/19 put spread for a net credit (defined-risk premium sell) — captures pin downside cushion and limits exposure to a vol spike.

Key Risk

A sustained break and close below $20 triggers a dealer gamma flip (hedging reverses), removes the pin, and accelerates downside toward the next structural support near $18.20 — this scenario invalidates the short-premium/pin thesis.

How to Use These Reports
This ai consensus reflects the market close on April 7, 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.