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Step 1
Rub roast with olive oil on all sides and sprinkle with salt, pepper, and thyme. Make sure to have an even amount on all sides of roast.
Step 2
Place roast bone side down on a pre-heated smoker at 225°F. Smoke until reaching 10°F shy of your desired internal temperature. Remove prime rib from smoker, set aside, and increase temperature to 450°F.
Step 3
Place roast back on smoker to reverse sear until a nice crust is formed and your desired Internal Temperature is reached (refer to temperature chart in post above).
Step 4
Remove and allow to rest for 20-30 minutes. Carve into 1" steaks and plate.
Step 5
If searing in an oven before smoking, place roast bone side down on baking sheet in a pre-heated 450° oven on the bottom rack for 15 minutes. Remove and then smoke until your desired internal temperature is reached. Allow to rest for 20-30 minutes.