SMCI Options Chain, Open Interest, and Volatility Data

SMCI Options Open Interest & Strategy Insights

SMCI – Top 10 Strike Prices by Open Interest

Strike	Call OI	Put OI	Total OI
50	75002	68625	143627
60	107533	19944	127477
55	96064	26565	122629
40	50007	70185	120192
52	72211	16562	88773
45	33486	47626	81112
70	67235	7644	74879
90	65388	2089	67477
35	9863	55539	65402
65	54623	3983	58606

SMCI – Volatility Metrics & Put/Call Analysis

Put/Call OI Ratio	Put/Call Volume Ratio	Avg Call IV	Avg Put IV	IV Skew
1.57	0.89	78.26%	70.01%	-8.24%

Data Analysis

Symbol: SMCI Current Price: 42.03
Max Pain: 53.00 (below)

📌 Absolute OI Peak: 50.00 (143627 contracts)
🛡️ Short-term Key Levels: 40.00（120192 contracts，major support） , 35.00（65402 contracts，major support） , 45.00（81112 contracts，major resistance）

📈 Put/Call OI Ratio: 1.57 (bearish, Put OI dominant)
Put/Call Volume Ratio: 0.89 (bullish, Call volume dominant)

📊 Avg Call IV: 78.26%
Avg Put IV: 70.01%
IV Skew: -8.24% (Call IV higher than Put IV by 8.24%, upward expectation slightly stronger)

⚠️ Unusual OI concentration at far OTM strike 60.00 (127477 contracts), sentiment: bullish (Call OI dominant). May reflect speculative bets or hedging demand.

Market Sentiment Based on Options by Expiration Date

Date	Call Volume	Put Volume	Open Interest	Put/Call Ratio	Sentiment
2025-11-07	212707	21690	323509	0.102	Strong Bullish 📈💥 (85) ⚠️
2025-11-14	56003	9405	61156	0.168	Strong Bullish 📈💥 (85) ⚠️
2025-11-21	29501	10811	261739	0.366	Strong Bullish 📈💥 (85) ⚠️
2025-11-28	4398	1663	10746	0.378	Moderate Bullish 📈 (70)
2025-12-05	2495	1136	4884	0.455	Moderate Bullish 📈 (70)
2025-12-12	581	112	462	0.193	Moderate Bullish 📈 (70) ⚠️
2025-12-19	14949	3761	80561	0.252	Strong Bullish 📈💥 (85) ⚠️
2026-01-16	23083	9078	517477	0.393	Strong Bullish 📈💥 (85) ⚠️
2026-02-20	6902	975	53525	0.141	Strong Bullish 📈💥 (85) ⚠️
2026-03-20	7674	2168	85790	0.283	Strong Bullish 📈💥 (85) ⚠️
2026-05-15	4456	221	43021	0.050	Moderate Bullish 📈 (70) ⚠️
2026-06-18	4530	1825	78666	0.403	Strong Bullish 📈💥 (85)
2026-09-18	1210	949	21372	0.784	Slight Bullish 📈 (60)
2026-12-18	3163	394	104294	0.125	Strong Bullish 📈💥 (85) ⚠️
2027-01-15	3658	2419	233407	0.661	Moderate Bullish 📈 (65) ⚠️
2027-12-17	851	1419	21523	1.667	Moderate Bearish 📉 (30)
2028-01-21	1610	415	20836	0.258	Moderate Bullish 📈 (70) ⚠️
How the Sentiment Algorithm Works This table evaluates market sentiment based on aggregated options data by expiration date. The key metrics are: Put/Call Ratio (PCR): Indicates the relative activity between put and call options. A high PCR suggests bearish sentiment, while a low PCR indicates bullish sentiment. Open Interest (OI): Represents the number of outstanding contracts. Higher values reflect strong market attention or hedging activity. Unusual activity ⚠️: Days with extremely high PCR or OI are flagged, signaling possible speculative bets or hedging pressures. The sentiment score is computed by combining PCR and OI, then classified into clear labels such as Strong Bullish, Moderate Bullish, Neutral, Moderate Bearish, Strong Bearish. Scores range from 0 to 100, where higher values indicate stronger bullish sentiment and lower values indicate stronger bearish sentiment.