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SMCI

Super Micro Computer, Inc.Close $28.56EOD only
Max Pain
$24.00
Next expiry Apr 24, 2026
Expected Move
±$2.00
7.0% from close
Price Gap
-4.56
Distance to max pain
IV Rank
90
High premium
P/C OI
0.82
Slightly call-heavy
Consensus
6.0/10
Range bias
Published snapshot: Apr 17, 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 17, 2026 close
SMCI AI Consensus Report
Analysis based on market close April 20, 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 gamma/pain provide a credible near-term magnet but elevated IV, mixed flow signals, and a looming earnings binary materially reduce conviction; absence of unanimous institutional flow keeps score mid-range.

Where Perspectives Agree

Dealer short-gamma and concentrated option pain create a near-term pin toward the $24–$25 cluster, biasing price to mean-revert into that zone and keeping range-bound behavior until a clear flow-driven breakout.

Where They Diverge

Flow shows pockets of institutional accumulation that would support a trend extension, while earnings term-structure and elevated IV imply a post-event fade — the former argues for continuation, the latter for event-driven mean reversion; this is a direct contradiction on post-earnings directional outcome.

Top Trade
via theta

Sell May 15 2026 $25/$30 call spread for ~credit (theta play).

Key Risk

Sustained break and close above $33 on heavy institutional flow — dealers must unwind short-gamma/hedges, removing the pin and triggering a rapid rally toward $40 (short-squeeze/high-vol continuation), which invalidates the range/pin thesis.

How to Use These Reports
This ai consensus reflects the market close on April 20, 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.