Super Micro Computer (SMCI) Options Chain

NASDAQ: SMCITechnologyComputer ManufacturingUSD

41.86-0.915 (-2.14%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 15, 2027
Days to expiration: 96
Share price: $41.86
Put/call ratio (OI): 1.33
Put/call ratio (volume): 0.22
ATM implied volatility: 71.9%
Expected move: ±$15.44
Open interest (C / P): 279.77K / 371.42K

SMCI options summary

The SMCI options chain for the January 15, 2027 expiration lists 96 call and 95 put contracts, with 96 days until expiration. Open interest stands at 279,766 calls and 371,422 puts, a put/call ratio of 1.33, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $42.00 strike is 71.9%, which implies the market expects a move of about ±$15.44 (36.9%) in Super Micro Computer stock by expiration.

The most open interest sits at the $50.00 call (29.98K contracts) and the $3.00 put (58.55K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

SMCI options chain · January 15, 2027

SMCI calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
742	1	—	43.25	39.40	42.15	1.00	0.00	0.05	0.01	309.4%	1	141
30	1	320.3%	38.90	38.60	41.40	2.00	0.00	2.13	0.05	569.1%	2	4
3,672	1	203.1%	38.36	37.60	40.15	3.00	0.00	0.01	0.01	175.0%	1	58,551
0	2	—	37.90	0.00	0.00	4.00	0.00	0.00	0.34	50.0%	31	0
703	1	369.1%	36.04	35.45	38.20	5.00	0.01	0.44	0.05	232.4%	4	22,182
169	2	126.6%	30.70	32.25	35.50	8.00	0.01	0.05	0.05	132.8%	1	21,715
510	2	174.4%	33.00	31.25	33.25	10.00	0.00	0.26	0.06	141.8%	1	16,646
1,493	1	215.6%	29.15	26.95	30.60	13.00	0.03	0.07	0.06	101.6%	1	29,068
1,203	3	79.7%	27.79	26.40	27.35	15.00	0.05	0.10	0.07	94.9%	10	42,870
1,370	1	100.6%	24.90	23.00	25.30	18.00	0.11	0.17	0.08	87.5%	1	8,591
2,175	6	101.6%	22.10	22.00	22.75	20.00	0.18	0.24	0.18	83.6%	22	29,698
689	2	89.1%	22.51	19.10	19.85	23.00	0.28	0.43	0.28	77.7%	1	6,696
667	1	79.1%	20.80	17.85	18.85	24.00	0.27	0.69	0.34	78.5%	1	6,614
1,851	2	85.3%	16.95	17.25	18.10	25.00	0.50	0.64	0.57	77.0%	47	15,097
1,795	1	84.5%	18.20	15.55	18.10	26.00	0.62	0.83	0.59	77.4%	3	8,134
1,455	2	83.9%	15.53	15.25	16.75	27.00	0.75	0.89	0.84	75.3%	5	3,409
909	12	81.6%	14.65	14.40	15.85	28.00	0.91	1.05	0.92	74.7%	2	7,471
1,117	8	75.9%	13.91	13.60	14.60	29.00	1.05	1.24	1.23	73.7%	7	2,320
8,731	84	77.6%	13.38	13.00	13.85	30.00	1.28	1.42	1.31	73.1%	7	10,732
954	13	79.9%	12.30	12.10	13.55	31.00	1.51	1.65	1.62	72.7%	126	8,123
1,290	5	86.3%	11.93	11.80	13.25	32.00	1.76	1.87	1.63	71.8%	19	5,643
2,505	1	74.2%	10.77	10.65	11.60	33.00	2.04	2.15	2.18	71.4%	44	3,394
1,414	8	74.7%	10.25	10.05	10.95	34.00	2.34	2.48	2.44	71.0%	5	3,068
21,597	37	75.3%	9.65	9.50	10.35	35.00	2.58	2.83	2.75	70.0%	57	9,540
2,581	7	74.2%	9.05	8.85	9.65	36.00	2.98	3.45	3.14	71.7%	20	1,845
969	3	75.4%	8.47	8.40	9.15	37.00	3.30	3.70	3.50	69.8%	1	2,856
1,740	7	74.0%	8.18	7.70	8.55	38.00	3.85	4.30	4.05	71.5%	14	6,932
983	23	73.5%	7.45	7.15	8.00	39.00	4.15	4.80	4.60	70.4%	1	752
19,226	146	74.8%	7.10	6.85	7.55	40.00	4.60	5.15	4.90	69.1%	44	7,248
2,968	108	74.6%	6.70	6.50	6.95	41.00	5.00	5.85	4.79	69.3%	15	595
SMCI $41.86
1,968	81	75.3%	6.35	6.20	6.50	42.00	5.70	6.15	6.05	68.6%	133	1,579
4,367	131	74.2%	5.92	5.50	6.20	43.00	6.10	7.00	6.55	69.0%	6	957
2,380	122	75.2%	5.50	5.35	5.75	44.00	7.05	7.30	7.15	69.2%	43	556
11,498	415	75.4%	5.13	5.00	5.40	45.00	7.70	8.25	7.85	71.1%	30	3,618
2,702	48	75.6%	4.71	4.70	5.05	46.00	8.00	8.90	8.67	68.9%	43	485
2,958	60	74.1%	4.40	4.25	4.60	47.00	8.85	9.55	9.50	69.7%	32	5,506
1,627	41	74.4%	3.92	3.80	4.50	48.00	9.75	10.25	10.10	70.9%	15	428
819	14	74.8%	3.80	3.60	4.20	49.00	10.25	11.00	11.20	69.7%	40	1,096
29,979	571	75.2%	3.63	3.55	3.80	50.00	11.00	11.75	11.00	69.8%	6	3,696
859	256	75.2%	3.30	3.05	3.80	51.00	11.75	12.50	11.24	69.7%	24	548
959	22	76.3%	3.19	3.05	3.50	52.00	12.05	13.40	11.97	67.4%	2	7,285
1,605	1	76.8%	2.80	2.75	3.45	53.00	13.30	14.65	12.97	73.4%	2	702
755	2	76.7%	4.10	2.67	3.10	54.00	13.55	15.05	13.75	67.0%	13	114
6,687	68	75.7%	2.60	2.37	2.86	55.00	14.35	15.90	14.12	67.0%	2	1,096
1,592	53	75.6%	2.30	2.14	2.72	56.00	15.20	17.10	14.50	69.7%	1	212
1,700	6	76.5%	2.20	2.10	2.56	57.00	16.65	17.55	15.55	71.2%	52	138
2,078	2	75.5%	2.49	1.94	2.26	58.00	16.90	18.80	19.16	69.6%	2	206
2,023	29	75.6%	1.91	1.79	2.14	59.00	18.30	19.30	16.70	70.9%	45	154
10,618	471	76.7%	1.88	1.82	1.98	60.00	18.75	20.45	18.15	69.7%	1	1,102
1,052	53	78.3%	1.60	1.60	1.91	62.00	0.00	0.00	25.12	—	16	0
928	1	78.1%	1.36	1.33	1.71	64.00	22.80	24.00	21.67	73.5%	5	293
5,292	6	77.5%	1.36	1.32	1.45	65.00	22.60	25.35	22.70	66.8%	15	782
992	12	77.7%	1.27	1.24	1.36	66.00	32.05	34.00	22.47	176.4%	1	12
570	13	77.7%	1.36	1.05	1.22	68.00	26.45	28.60	26.60	82.4%	1	48
9,826	326	78.8%	1.02	0.99	1.09	70.00	28.40	29.45	31.15	73.1%	1	372
3,642	2	79.0%	0.92	0.80	1.04	72.00	0.00	0.00	33.50	—	2	0
17,969	1,264	80.2%	0.79	0.76	0.84	75.00	0.00	0.00	52.10	—	6	0
15,071	24	81.3%	0.58	0.57	0.66	80.00	0.00	0.00	44.20	—	35	0
3,322	3	83.3%	0.51	0.46	0.55	85.00	41.60	45.15	48.35	72.2%	3	3
27,791	749	84.9%	0.39	0.39	0.44	90.00	53.20	56.55	58.62	188.2%	1	4
1,232	5	85.9%	0.35	0.30	0.37	95.00	63.15	65.50	62.85	247.0%	—	2
5,733	786	88.1%	0.29	0.27	0.32	100.00	0.00	0.00	61.00	—	10	0
13,531	26	90.8%	0.29	0.23	0.32	105.00	0.00	0.00	64.95	—	2	0
5	—	50.0%	245.00	0.00	0.00	230.00	0.00	0.00	49.40	—	16	0
—	—	—	—	—	—	240.00	0.00	0.00	54.42	—	3	152
3	2	50.0%	250.00	0.00	0.00	250.00	0.00	0.00	54.43	—	7	0
—	—	—	—	—	—	260.00	0.00	0.00	61.00	—	1	4
—	—	—	—	—	—	270.00	0.00	0.00	69.72	—	—	2
—	—	—	—	—	—	290.00	0.00	0.00	81.78	—	34	33
3	2	50.0%	211.96	0.00	0.00	300.00	0.00	0.00	80.30	—	8	0
—	—	—	—	—	—	310.00	0.00	0.00	75.80	—	—	6
1	—	50.0%	199.60	0.00	0.00	320.00	0.00	0.00	89.88	—	1	9
1	1	50.0%	232.30	0.00	0.00	330.00	—	—	—	—	—	—
3	1	50.0%	208.60	0.00	0.00	340.00	0.00	0.00	101.60	—	42	42
2	1	50.0%	173.59	0.00	0.00	350.00	0.00	0.00	106.90	—	2	48
—	—	—	—	—	—	360.00	0.00	0.00	111.00	—	1	44
—	—	—	—	—	—	370.00	0.00	0.00	117.70	—	3	7
3	1	50.0%	183.70	0.00	0.00	380.00	0.00	0.00	122.80	—	10	31
4	2	50.0%	188.00	0.00	0.00	390.00	0.00	0.00	140.09	—	44	32
0	1	50.0%	183.30	0.00	0.00	400.00	0.00	0.00	134.70	—	43	39
0	1	50.0%	182.00	0.00	0.00	410.00	0.00	0.00	141.77	—	23	4
0	5	50.0%	192.00	0.00	0.00	420.00	0.00	0.00	148.30	—	11	0
0	1	50.0%	174.89	0.00	0.00	430.00	—	—	—	—	—	—
0	1	50.0%	178.60	0.00	0.00	440.00	—	—	—	—	—	—
25	1	50.0%	166.20	0.00	0.00	450.00	0.00	0.00	176.64	—	4	1
8	1	50.0%	162.90	0.00	0.00	460.00	0.00	0.00	158.87	—	—	5
7	5	50.0%	161.90	0.00	0.00	470.00	0.00	0.00	187.93	—	1	2
1	—	50.0%	190.40	0.00	0.00	480.00	0.00	0.00	192.32	—	—	3
2	1	50.0%	155.00	0.00	0.00	490.00	—	—	—	—	—	—
21	1	50.0%	150.30	0.00	0.00	500.00	0.00	0.00	199.00	—	5	6
1	—	50.0%	129.77	0.00	0.00	510.00	—	—	—	—	—	—
2	1	50.0%	127.22	0.00	0.00	520.00	—	—	—	—	—	—
2	2	50.0%	127.00	0.00	0.00	530.00	—	—	—	—	—	—
—	—	—	—	—	—	540.00	0.00	0.00	239.77	—	—	1
5	4	50.0%	138.20	0.00	0.00	550.00	0.00	0.00	250.00	—	—	2
5	—	50.0%	142.87	0.00	0.00	560.00	—	—	—	—	—	—
1	—	50.0%	125.15	0.00	0.00	570.00	0.00	0.00	230.39	—	—	1
—	—	—	—	—	—	580.00	0.00	0.00	269.33	—	—	3
8	3	50.0%	112.30	0.00	0.00	590.00	0.00	0.00	273.00	—	—	1
3	3	50.0%	130.00	0.00	0.00	600.00	—	—	—	—	—	—
1	—	50.0%	149.15	0.00	0.00	620.00	—	—	—	—	—	—
2	—	50.0%	135.90	0.00	0.00	640.00	0.00	0.00	300.36	—	1	1
4	2	50.0%	117.00	0.00	0.00	660.00	0.00	0.00	288.10	—	—	1
1	—	50.0%	90.50	0.00	0.00	700.00	0.00	0.00	364.22	—	—	2
9	3	50.0%	101.40	0.00	0.00	720.00	0.00	0.00	359.30	—	1	11

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the SMCI put/call ratio?

For the January 15, 2027 expiration, the SMCI put/call ratio based on open interest is 1.33 (371,422 puts vs 279,766 calls), and 0.22 based on today's volume. A ratio above 1 means more puts than calls.

What is SMCI's implied volatility?

At-the-money implied volatility for SMCI options expiring January 15, 2027 is about 71.9%, an annualized estimate of how much the market expects Super Micro Computer stock to move.

How many SMCI option expiration dates are there?

SMCI has 17 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.