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SMCI

Super Micro Computer, Inc.Close $27.20EOD only
Max Pain
$24.00
Next expiry Apr 17, 2026
Expected Move
±$1.54
5.7% from close
Price Gap
-3.20
Distance to max pain
IV Rank
15
Low premium
P/C OI
0.82
Slightly call-heavy
Consensus
5.5/10
Consensus signal
Published snapshot: Apr 14, 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 14, 2026 close
SMCI AI Consensus Report
Analysis based on market close April 14, 2026
DirectionalTheta GangFlowEarningsConsensus

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

Conviction
5.5

out of 10

5.5 because dealer short-gamma and front-end IV create a tangible pinning bias that supports selling, but mixed institutional flow and an impending earnings-driven reprice create a near-term binary risk that prevents higher conviction.

Where Perspectives Agree

All perspectives converge on a short-term pin/mean-reversion into the mid-$20s (~$27.50 target) supported by dealer short-gamma and rich front-end IV — the environment favors defined-risk premium-selling against that magnet.

Where They Diverge

Earnings introduce a binary event that directly contradicts the continuation pin: the earnings persona flags a pre/post-event reprice that could blow past dealer pinning, while flow shows mixed institutional positioning that could rapidly flip into directional accumulation or liquidation post-release — those two outcomes would each invalidate the calm range the theta and directional plays rely on.

Top Trade
via theta

Sell 2026-04-17 $27/$30 call spread for ~$0.65 credit (defined-risk, front-week expiry to harvest rich IV)

Key Risk

A clean break and close below $24 on elevated volume (puts and dealer unwinds) flips dealer gamma exposure, removes the $27.50 magnet and accelerates downside toward $20–$21 within a single session.

Read the AI Analyst Consensus for SMCI for 2026-04-14. This synthesis report combines directional, theta, flow, and earnings perspectives into one conviction view with setup, trigger, and invalidation context.