SMH - Options Database

SMH

VanEck Semiconductor ETF

$597.03 +4.19%

(9/18 19:02) ◀

Monday, September 21, 2026 (3:33pm)

▶ (9/21 16:00)

◀ 9/21 15:33 ▶

Option Volume

Detail

ℹ

Current (09/21) 350,759

Calls: 167,862 (48%)

Puts: 182,897 (52%)

Prior (09/18) 259,265

Calls: 78,611 (30%)

Puts: 180,654 (70%)

Current vs Prior +35.29%

Calls: +113.54% (Calls)

Puts: +1.24% (Puts)

Prior 7-Day Total 1,363,364

Calls: 478,809 (35%)

Puts: 884,555 (65%)

Prior 7-Day Average 227,227

Calls: 68,401 (35%)

Puts: 126,365 (65%)

Current vs Prior 7-Day Avg +54.36%

Calls: +145.41%

Puts: +44.74%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/21) $356.16M

Calls: $249.40M (70%)

Puts: $106.77M (30%)

Prior (09/18) $140.86M

Calls: $89.72M (64%)

Puts: $51.14M (36%)

Current vs Prior +152.85%

Calls: +177.96%

Puts: +108.79%

Prior 7-Day Total $1.03B

Calls: $418.60M (41%)

Puts: $614.75M (59%)

Prior 7-Day Average $172.23M

Calls: $59.80M (41%)

Puts: $87.82M (59%)

Current vs Prior 7-Day Avg +106.80%

Calls: +317.05%

Puts: +21.57%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/21) 1.09

Prior (09/18) 2.30

Current vs Prior -52.59%

Prior 7-Day Average 1.91

Current vs Prior 7-Day Avg -42.93%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/21) 1,495,228

Calls: 581,861 (39%)

Puts: 913,367 (61%)

Prior (09/18) 1,240,650

Calls: 526,757 (42%)

Puts: 713,893 (58%)

Current vs Prior +20.52%

Prior 7-Day Total 9,873,622

Calls: 3,816,214 (39%)

Puts: 6,057,408 (61%)

Prior 7-Day Average 1,645,603

Calls: 636,035 (39%)

Puts: 1,009,568 (61%)

Current vs Prior 7-Day Avg -9.14%

Sentiment BULLISH

Expected Move

Detail

ℹ

0DTE3DTEWKMO Expiry (09/21) | Next (09/22)Expiry (09/21) | Next (09/23)Expiry (09/25) | Next (10/02)Expiry (09/21) | Next (10/16)

Current 0.55% | 1.50%0.55% | 2.06%2.85% | 4.75%0.55% | 7.37%

Prior 1.57% | 2.02%0.64% | 1.57%0.64% | 2.99%0.64% | 7.39%

Current vs Prior -64.62% | -25.92%-13.44% | +31.24%+345.36% | +58.91%-13.44% | -0.17%

Prior 7-Day Avg 1.16% | 1.94%0.98% | 2.20%1.89% | 3.93%1.03% | 7.94%

Current vs 7-Day Avg -52.09% | -23.05%-43.61% | -6.48%+50.70% | +20.64%-45.92% | -7.17%

Prior 7-Day Eod 1.57% | 2.02%0.64% | 1.57%0.64% | 2.99%0.64% | 7.39%

Current vs 7-Day Eod -64.62% | -25.92%-13.44% | +31.24%+345.36% | +58.91%-13.44% | -0.17%

Sentiment BULLISHBULLISHBEARISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 34.80% | 17.39%

Calls: 27.60% | 16.84%

Puts: 42.00% | 17.94%

Prior 69.44% | 90.66%

Calls: 96.88% | 159.73%

Puts: 41.99% | 21.60%

Current vs Prior -49.88% | -80.82%

Prior 7-Day Avg 47.71% | 33.01%

Calls: 48.34% | 43.62%

Puts: 47.07% | 22.40%

Current vs 7-Day Avg -27.06% | -47.31%

Liquidity Expensive

Add Card

🤖 AI Insights

Moderately bullish flow with 70% call dollar volume ($249.40M). Massive premium surge with dollar volume up 153% vs prior. Dollar volume significantly above 7-day average (107% higher). Slightly bearish P/C ratio of 1.09.

Smart Money BULLISH

Retail Flow NEUTRAL

Overall MIXED

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BEARISH

Current NEUTRAL

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BEARISH

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads

💰 Best Value Under $1

📊 High Delta (ITM)

🔥 High Volume

⏰ Backwardation

📈 Debit Spreads

📉 Credit Spreads

📅 Calendar Spreads

⚡ Straddles

🔀 Strangles

🦅 Iron Condors

🦋 Butterflies

⚖️ Ratio Spreads

🛡️ Covered Calls

🎯

Tightest Spreads

💰

Best Value <$1

📊

High Delta

⚖️

Ratio Spreads

🛡️

Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top 633 of results (avg 5.8%, best 2.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$555.00	Oct 16	49.70	50.70	$50.20	2.0%	28	0.80	2.0K
$605.00	Oct 30	24.60	25.10	$24.85	2.0%	88	0.48	28
$590.00	Oct 16	25.15	25.70	$25.42	2.2%	866	0.57	4.9K
$605.00	Oct 16	17.65	18.05	$17.85	2.2%	2.6K	0.46	2.6K
$605.00	Oct 23	20.80	21.30	$21.05	2.4%	21	0.47	26

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$570.00	Oct 30	15.10	15.40	$15.25	2.0%	21	0.32	21
$560.00	Oct 30	12.25	12.50	$12.38	2.0%	26	0.27	7
$565.00	Oct 30	13.65	13.95	$13.80	2.2%	17	0.30	46
$595.00	Oct 30	25.00	25.55	$25.28	2.2%	5	0.47	--
$572.50	Oct 30	15.90	16.25	$16.08	2.2%	9	0.34	3

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 58 found (avg $0.61, cheapest $0.46)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$610.00	Sep 22	0.42	0.50	$0.46	17.4%	100	0.10	9
$607.50	Sep 22	0.66	0.76	$0.71	14.1%	329	0.14	2
$620.00	Sep 23	0.32	0.37	$0.35	14.3%	78	0.06	9
$617.50	Sep 23	0.44	0.49	$0.47	10.6%	12	0.07	22
$615.00	Sep 23	0.58	0.67	$0.63	14.3%	303	0.10	43

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$577.50	Sep 22	0.26	0.30	$0.28	14.3%	179	0.05	--
$580.00	Sep 22	0.35	0.41	$0.38	15.8%	298	0.07	11
$582.50	Sep 22	0.49	0.56	$0.53	13.2%	156	0.10	--
$572.50	Sep 23	0.44	0.52	$0.48	16.7%	156	0.07	10
$575.00	Sep 23	0.55	0.64	$0.60	15.0%	461	0.08	2

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 436 found (avg delta 0.83, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$480.00	Sep 21	114.90	117.90	$116.40	2.6%	22	1.00	--
$485.00	Sep 21	109.90	112.85	$111.38	2.6%	35	1.00	--
$490.00	Sep 21	104.75	108.05	$106.40	3.1%	52	1.00	10
$492.50	Sep 21	102.25	105.35	$103.80	3.0%	67	1.00	--
$495.00	Sep 21	99.75	102.85	$101.30	3.1%	194	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$610.00	Sep 21	12.20	15.10	$13.65	21.2%	2	1.00	--
$660.00	Sep 22	62.00	65.10	$63.55	4.9%	2	1.00	--
$642.50	Sep 22	44.65	47.60	$46.13	6.4%	2	0.99	--
$655.00	Sep 22	57.05	60.10	$58.58	5.2%	4	0.99	--
$650.00	Sep 22	51.95	55.10	$53.53	5.9%	4	0.99	--

Most actively traded options today. High liquidity = easy entry/exit. 1,136 active (total vol 239.7K, top 14.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$610.00	Sep 24	1.86	2.41	$2.14	25.7%	7.1K	0.22	3
$625.00	Oct 16	10.35	10.75	$10.55	3.8%	6.8K	0.32	10.1K
$600.00	Oct 16	19.75	20.40	$20.08	3.2%	6.1K	0.49	12.0K
$597.50	Sep 21	0.49	0.67	$0.58	31.0%	6.0K	0.41	8
$600.00	Sep 25	6.35	6.80	$6.57	6.8%	4.6K	0.45	1.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$570.00	Oct 2	4.25	4.50	$4.38	5.7%	14.7K	0.21	116
$485.00	Sep 25	0.02	0.06	$0.04	100.0%	11.1K	0.00	284
$500.00	Oct 16	1.40	1.48	$1.44	5.6%	3.8K	0.05	12.7K
$570.00	Sep 25	1.10	1.15	$1.13	4.4%	2.9K	0.10	440
$570.00	Sep 22	0.12	0.15	$0.14	21.4%	2.7K	0.03	16

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 1 strikes (avg 39.3%, max 39.3%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$595.00	Sep 21	Oct 30	47.0%	33.7%	39.3%	4.1K	49

PUTS (0)

No puts found

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 609 found (best R:R 2.97, avg 8.12)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$602.50	$605.00	Sep 29	$0.32	$2.18	$0.32	41%	6.81	$602.82
$577.50	$580.00	Oct 23	$0.98	$1.52	$0.98	65%	1.55	$578.48
$555.00	$560.00	Oct 23	$3.25	$1.75	$3.25	77%	0.54	$558.25
$570.00	$572.50	Oct 23	$1.15	$1.35	$1.15	69%	1.17	$571.15
$582.50	$585.00	Sep 23	$1.52	$0.98	$1.52	85%	0.64	$584.02

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$600.00	$597.50	Sep 30	$0.63	$1.87	$0.63	54%	2.97	$599.37
$582.50	$580.00	Oct 1	$0.12	$2.38	$0.12	32%	19.83	$582.38
$570.00	$565.00	Oct 1	$0.26	$4.74	$0.26	20%	18.23	$569.74
$580.00	$575.00	Sep 24	$0.15	$4.85	$0.15	18%	32.33	$579.85
$585.00	$580.00	Sep 29	$0.88	$4.12	$0.88	33%	4.68	$584.12

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 509 found (best R:R 4.81, avg 0.31)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$600.00	$602.50	Sep 24	$1.66	$1.66	$0.84	58%	1.98	$601.66
$615.00	$620.00	Oct 5	$2.05	$2.05	$2.95	68%	0.69	$617.05
$610.00	$612.50	Sep 28	$1.14	$1.14	$1.36	72%	0.84	$611.14
$625.00	$630.00	Oct 5	$1.40	$1.40	$3.60	78%	0.39	$626.40
$610.00	$612.50	Sep 29	$1.14	$1.14	$1.36	70%	0.84	$611.14

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$505.00	$502.50	Sep 22	$2.07	$2.07	$0.43	94%	4.81	$502.93
$495.00	$492.50	Sep 22	$2.00	$2.00	$0.50	94%	4.00	$493.00
$490.00	$487.50	Sep 22	$1.79	$1.79	$0.71	94%	2.52	$488.21
$575.00	$572.50	Oct 1	$1.55	$1.55	$0.95	74%	1.63	$573.45
$552.50	$550.00	Oct 30	$1.14	$1.14	$1.36	76%	0.84	$551.36

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $3.02, cheapest $3.08)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$597.50	Sep 21	Sep 22	$2.95	38.7%	30.7%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$597.50	Sep 21	Sep 22	$3.08	38.7%	30.6%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 313 found (cheapest 0.28% of stock, avg 6.30%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$597.50	Sep 21	$0.58	$1.10	$1.68	$595.82	$599.18	0.28%
$595.00	Sep 21	$2.21	$0.30	$2.51	$592.49	$597.51	0.42%
$600.00	Sep 21	$0.09	$4.00	$4.09	$595.91	$604.09	0.69%
$592.50	Sep 21	$4.47	$0.09	$4.56	$587.94	$597.06	0.76%
$590.00	Sep 21	$7.15	$0.07	$7.22	$582.78	$597.22	1.21%
$597.50	Sep 22	$3.53	$4.18	$7.71	$589.79	$605.21	1.29%
$595.00	Sep 22	$4.75	$3.05	$7.80	$587.20	$602.80	1.31%
$600.00	Sep 22	$2.48	$5.88	$8.36	$591.64	$608.36	1.40%
$592.50	Sep 22	$6.35	$2.08	$8.43	$584.07	$600.93	1.41%
$587.50	Sep 21	$9.15	$0.04	$9.19	$578.31	$596.69	1.54%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 356 found (cheapest 0.03% of stock, avg 3.19%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$600.00	$592.50	Sep 21	$0.09	$0.09	$0.18	$592.32	$600.18
$612.50	$592.50	Sep 21	$0.22	$0.09	$0.31	$592.19	$612.81
$600.00	$595.00	Sep 21	$0.09	$0.30	$0.39	$594.61	$600.39
$612.50	$595.00	Sep 21	$0.22	$0.30	$0.52	$594.48	$613.02
$597.50	$592.50	Sep 21	$0.58	$0.09	$0.67	$591.83	$598.17
$597.50	$595.00	Sep 21	$0.58	$0.30	$0.88	$594.12	$598.38
$607.50	$585.00	Sep 22	$0.71	$0.71	$1.42	$583.58	$608.92
$607.50	$587.50	Sep 22	$0.71	$1.07	$1.78	$585.72	$609.28
$605.00	$585.00	Sep 22	$1.09	$0.71	$1.80	$583.20	$606.80
$605.00	$587.50	Sep 22	$1.09	$1.07	$2.16	$585.34	$607.16

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 729 found (best R:R 6.81, avg credit $1.12)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
502/505	612/615	Sep 22	$2.18	$0.32	87%	6.81	$502.82	$614.68
502/505	610/612	Sep 22	$2.23	$0.27	84%	8.26	$502.77	$612.23
502/505	608/610	Sep 22	$2.32	$0.18	79%	12.89	$502.68	$609.82
492/495	612/615	Sep 22	$2.11	$0.39	87%	5.41	$492.89	$614.61
492/495	610/612	Sep 22	$2.16	$0.34	84%	6.35	$492.84	$612.16
492/495	608/610	Sep 22	$2.25	$0.25	80%	9.00	$492.75	$609.75
492/495	605/608	Sep 22	$2.38	$0.12	74%	19.83	$492.62	$607.38
488/490	612/615	Sep 22	$1.90	$0.60	87%	3.17	$488.10	$614.40
488/490	610/612	Sep 22	$1.95	$0.55	84%	3.55	$488.05	$611.95
488/490	608/610	Sep 22	$2.04	$0.46	80%	4.43	$487.96	$609.54

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 460 found (best R:R 15.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$590.00	$595.00	$600.00	Oct 1	$0.09	$4.91	13%	54.56
$592.50	$595.00	$597.50	Sep 21	$0.63	$1.87	53%	2.97
$595.00	$597.50	$600.00	Sep 21	$1.14	$1.36	71%	1.19
$597.50	$600.00	$602.50	Sep 21	$0.43	$2.07	38%	4.81
$595.00	$597.50	$600.00	Sep 22	$0.17	$2.33	20%	13.71

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$595.00	$600.00	$605.00	Sep 23	$0.30	$4.70	28%	15.67
$592.50	$595.00	$597.50	Sep 21	$0.59	$1.91	53%	3.24
$590.00	$595.00	$600.00	Oct 16	$0.05	$4.95	8%	99.00
$597.50	$600.00	$602.50	Sep 22	$0.12	$2.38	19%	19.83
$575.00	$580.00	$585.00	Oct 5	$0.11	$4.89	10%	44.45

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 588 found (best net $-11.52, 549 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$490.00	$537.50	1:2	Sep 22	-$11.52	$35.98
$490.00	$535.00	1:2	Sep 23	-$17.16	$27.84
$545.00	$570.00	1:2	Oct 5	-$10.28	$14.72
$590.00	$592.50	1:2	Sep 21	-$1.79	$0.71
$630.00	$640.00	1:2	Sep 29	-$0.14	$9.86

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$620.00	$610.00	1:2	Sep 21	-$3.65	$6.35
$610.00	$602.50	1:2	Sep 22	-$1.45	$6.05
$625.00	$610.00	1:2	Oct 2	-$9.72	$5.28
$600.00	$595.00	1:2	Sep 23	-$1.33	$3.67
$550.00	$535.00	1:2	Oct 1	-$0.43	$14.57

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 201 found (best yield 4.12%, avg 0.99%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$605.00	Oct 30	$24.60	0.48	1.3%	4.12%	5.46%	88	28
$600.00	Oct 30	$26.80	0.51	0.5%	4.49%	4.99%	221	161
$610.00	Oct 30	$22.20	0.45	2.2%	3.72%	5.89%	84	33
$615.00	Oct 30	$20.30	0.42	3.0%	3.40%	6.41%	104	30
$620.00	Oct 30	$18.40	0.40	3.9%	3.08%	6.93%	139	73
$597.50	Oct 30	$26.85	0.52	0.1%	4.50%	4.58%	28	1
$625.00	Oct 30	$16.65	0.37	4.7%	2.79%	7.47%	79	36
$630.00	Oct 30	$15.00	0.34	5.5%	2.51%	8.03%	31	71
$635.00	Oct 30	$13.45	0.32	6.4%	2.25%	8.61%	59	10
$640.00	Oct 30	$12.10	0.30	7.2%	2.03%	9.22%	20	32

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 167,862

Total Puts 182,897

Put/Call Ratio 1.09

Net Difference -15,035

Prior's Put/Call Breakdown

Total Calls 78,611

Total Puts 180,654

Put/Call Ratio 2.30

Net Difference -102,043

Prior 7-Day Put/Call Summary

Total Calls 478,809

Total Puts 884,555

Average Put/Call Ratio 1.91

Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
Loading data...

Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

🤖 AI Insights

📈 Options Analysis

Current 5-Minute Volume Snapshots

Prior's 5-Minute Volume Snapshots

Current Put/Call Breakdown

Prior's Put/Call Breakdown

Prior 7-Day Put/Call Summary

Daily Put/Call History (Last 7 Days)

Upcoming Earnings - 2 Weeks Prior

Upcoming Earnings - 1 Week Prior

Earnings This Week

Earnings - Day Before / Day After

Options Activity Around Earnings

Chart Title

Price — Past 7 Days

Add Card