thetaOwl
HomeOptionsSMCIReports

SMCI

Super Micro Computer, Inc.Close $46.09EOD only
Max Pain
$33.50
Next expiry Jun 5, 2026
Expected Move
±$2.46
5.3% from close
Price Gap
-12.59
Distance to max pain
IV Rank
99
High premium
P/C OI
0.72
Slightly call-heavy
Consensus
6.5/10
Bullish tilt
Published snapshot: May 29, 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 29, 2026 close
SMCI AI Consensus Report
Analysis based on market close April 13, 2026
DirectionalTheta GangFlowEarningsConsensus

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

You are viewing an older report from April 13, 2026. A newer ai consensus report is available for May 26, 2026.

View latest report
Conviction
5.0

out of 10

Score 5 because on-balance signals (GEX pinning + OI walls) create a credible short-term magnet, but mixed flow, net negative premium, high IV and an earnings/event regime meaningfully raise asymmetric tail risk — enough to trade around the pin but not to take large directional bets uncovered.

Where Perspectives Agree

Market structure favors a short-premium, pin-to-$26 outcome in the near term — dealer gamma concentration at $26 plus concentrated call walls creates a magnet with limited immediate upside.

Where They Diverge

Flow and earnings viewpoints introduce a substantive contradiction: institutional flow and pre/post-earnings positioning imply significant directional fragility that can produce one-way moves (either accumulation into strength or quick distribution into the print), which undermines the directional pin thesis if a large block unloads or if earnings trigger a re-pricing; additionally, elevated IV cuts both ways — it supports premium selling but also signals a latent event risk that could vaporize short-premium strategies.

Top Trade
via theta

Sell May 01 2026 $25/$22.50 put spread for a net credit (defined-risk premium sell)

Key Risk

A break below $20.00 that closes and prints sustained volume (5%+ one-day drop) flips dealer gamma to directional selling and rapidly accelerates downside toward $17.50, removing the $26 pin and invalidating short-premium positioning.

How to Use These Reports
This ai consensus reflects the market close on April 13, 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.