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SMCI

Super Micro Computer, Inc.Close $37.10EOD only
Max Pain
$31.00
Next expiry May 29, 2026
Expected Move
±$2.61
7.0% from close
Price Gap
-6.10
Distance to max pain
IV Rank
24
Low premium
P/C OI
0.80
Slightly call-heavy
Consensus
6.5/10
Bullish tilt
Published snapshot: May 26, 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 26, 2026 close
SMCI AI Consensus Report
Analysis based on market close April 8, 2026
DirectionalTheta GangFlowEarningsConsensus

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 May 26, 2026.

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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.

How to Use These Reports
This ai consensus reflects the market close on April 8, 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.