AlphaWire

global_stock_options

Options positioning watch: SMCI — 2026-07-24 (2 DTE).

2026-07-22·global-stock-options-20260722-smci
Options positioning watch: SMCI — 2026-07-24 (2 DTE).

Put/call volume ratio: 0.29; put/call OI ratio: 0.15. Calls traded 257,882 contracts versus 75,409 puts.

The nearest ATM straddle around $31.00 prices an approximate ±$2.03 move, or 6.6% of spot, through expiry.

Near-OTM IV skew proxy: calls above puts by 7.0 volatility points.

Anomaly screen: put $30.50: 4,109 volume, 44.2x vol/OI; call $33.50: 11,362 volume, 41.6x vol/OI; put $31.50: 7,037 volume, 37.2x vol/OI.

Read-through: call volume is materially heavier than put volume; near-OTM calls carry a notable IV premium to puts; the anomaly screen surfaced notable volume/OI outliers. This describes positioning, not trade direction.

#Options #Stocks #SMCI

← Back to archive