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SMCI

Super Micro Computer, Inc.Close $25.26EOD only

Max Pain

$23.00

Next expiry Apr 17, 2026

Expected Move

±$1.97

7.8% from close

Price Gap

-2.26

Distance to max pain

IV Rank

Low premium

P/C OI

0.91

Balanced positioning

Consensus

5.5/10

Consensus signal

Published snapshot: Apr 10, 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

Apr 10, 2026 close

SMCI AI Consensus Report

Analysis based on market close April 8, 2026

Directional Theta Gang Flow Earnings Consensus

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

You are viewing an older report from April 8, 2026. A newer ai consensus report is available for April 10, 2026.

View latest report

Conviction

5.5

out of 10

5.5 because gamma pinning and concentrated dealer exposure give a credible short-term magnet, but conviction is tempered materially by upcoming event risk (earnings/expiry), very high ATM IV that raises cost of protection, and mixed flow — any one of which can negate the pin quickly.

Where Perspectives Agree

All personas converge on a near-term pin to the $23.50–$24.00 area with dealer gamma concentration creating a short-term magnet and a rich theta environment suitable for defined-risk premium selling around that band.

Where They Diverge

Earnings/term-structure presents a binary event that can trigger a post-release collapse or IV reweighting which directly undermines the directional pin thesis; simultaneously flow signals (institutional call accumulation) support continuation into the pin — these two cannot both be true through an earnings print and create a direct contradiction on trade timing and size.

Top Trade

via theta

Sell 5/15 iron condor: sell 5/15 $22/$20 put spread and sell 5/15 $25/$26.50 call spread for ~ $1.10 credit (defined-risk), captures pin while limiting tail exposure.

Key Risk

A decisive break below $22.00 (front-week EM/MP guardrail) flips dealer gamma from pinning to short, triggering rapid downside to $20.00 and invalidating the pin and short-premium trades.

Read the AI Analyst Consensus for SMCI for 2026-04-08. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.