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SMCI

Super Micro Computer, Inc.Close $28.43EOD only
Max Pain
$25.50
Next expiry Apr 24, 2026
Expected Move
±$1.69
6.0% from close
Price Gap
-2.93
Distance to max pain
IV Rank
11
Low premium
P/C OI
0.83
Slightly call-heavy
Consensus
5.5/10
Range bias
Published snapshot: Apr 21, 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 21, 2026 close
SMCI AI Consensus Report
Analysis based on market close April 22, 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 gamma and theta selling create a stable pin and limited upside, but mixed institutional flow plus an upcoming earnings binary can invalidate the setup quickly.

Where Perspectives Agree

Market is pinned with dealer gamma providing short-term support and an upside skew toward the $30–32 area — expect range-bound chop with a bullish bias while pinning holds.

Where They Diverge

Flow is mixed and earnings-term structure (front-loaded IV) implies a post-event fade that can erase near-term upside; this earnings-driven fade directly undermines the directional bullish continuation if realized.

Top Trade
via theta

Sell 2026-06-18 $29/$32 call spread for ~$0.90 credit (defined-risk), expires post-quarter — collects premium while betting pin holds and upside remains capped.

Key Risk

Break below $26 flips dealer gamma to net-short, removing pin support and triggering a downside cascade toward $24.20 within days.

How to Use These Reports
This ai consensus reflects the market close on April 22, 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.