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SMCI

Super Micro Computer, Inc.Close $28.81EOD only
Max Pain
$25.00
Next expiry Apr 24, 2026
Expected Move
±$1.87
6.5% from close
Price Gap
-3.81
Distance to max pain
IV Rank
0
Low premium
P/C OI
0.84
Slightly call-heavy
Consensus
5.5/10
Consensus signal
Published snapshot: Apr 20, 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 20, 2026 close
SMCI AI Consensus Report
Analysis based on market close April 21, 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-pin and rich theta align on selling structures, but material conflict from buy-side flow plus near-term earnings event creates a binary that can quickly invalidate the pin.

Where Perspectives Agree

Range-bound pinning into the May cycle with dealer gamma anchoring price near the $26–30 band and elevated vol creating a premium-rich environment; short-dated theta selling and defined-risk spreads are the common playbook.

Where They Diverge

Flow signals of institutional call accumulation and buy-side directional exposure conflict with the pin/downside-bias thesis from directional and earnings — if flow-driven buy pressure persists it will break the pin rather than reinforce it.

Top Trade
via theta

Sell 2026-05-15 $30/$33 call spread for credit (defined-risk premium sale), targeting a small credit vs $3 max width.

Key Risk

Sustained decisive close above $33.50 on heavy volume flips dealer gamma, breaks the pin and forces short-covering/acceleration toward $36, invalidating the sell-the-pin thesis.

How to Use These Reports
This ai consensus reflects the market close on April 21, 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.