SMH - Options Database

SMH

VanEck Semiconductor ETF

$528.40 +0.96%

(10/23 15:00) ◀

Friday, October 23, 2026 (3:16pm)

▶ (10/23 18:52)

◀ 10/23 15:16 ▶

Option Volume

Detail

ℹ

Current (10/23) 316,593

Calls: 82,893 (26%)

Puts: 233,700 (74%)

Prior (10/22) 509,250

Calls: 143,466 (28%)

Puts: 365,784 (72%)

Current vs Prior -37.83%

Calls: -42.22% (Calls)

Puts: -36.11% (Puts)

Prior 7-Day Total 2,443,818

Calls: 864,541 (35%)

Puts: 1,579,277 (65%)

Prior 7-Day Average 349,116

Calls: 123,505 (35%)

Puts: 225,611 (65%)

Current vs Prior 7-Day Avg -9.32%

Calls: -32.88%

Puts: +3.59%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (10/23) $176.79M

Calls: $54.79M (31%)

Puts: $122.00M (69%)

Prior (10/22) $743.39M

Calls: $91.64M (12%)

Puts: $651.75M (88%)

Current vs Prior -76.22%

Calls: -40.22%

Puts: -81.28%

Prior 7-Day Total $2.09B

Calls: $564.73M (27%)

Puts: $1.52B (73%)

Prior 7-Day Average $298.06M

Calls: $80.68M (27%)

Puts: $217.38M (73%)

Current vs Prior 7-Day Avg -40.69%

Calls: -32.09%

Puts: -43.88%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (10/23) 2.82

Prior (10/22) 2.55

Current vs Prior +10.58%

Prior 7-Day Average 1.89

Current vs Prior 7-Day Avg +49.47%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (10/23) 2,078,894

Calls: 813,998 (39%)

Puts: 1,264,896 (61%)

Prior (10/22) 1,386,945

Calls: 527,643 (38%)

Puts: 859,302 (62%)

Current vs Prior +49.89%

Prior 7-Day Total 9,383,830

Calls: 2,956,449 (32%)

Puts: 6,427,381 (68%)

Prior 7-Day Average 1,340,547

Calls: 422,349 (32%)

Puts: 918,197 (68%)

Current vs Prior 7-Day Avg +55.08%

Sentiment BULLISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (10/23) | Next (10/26)Expiry (10/23) | Next (10/30)Expiry (11/20) | Next (12/18)

Current 0.83% | 2.53%0.83% | 5.23%9.46% | 12.72%

Prior 2.68% | 3.75%2.68% | 6.03%10.21% | 13.04%

Current vs Prior -69.22% | -32.44%-69.22% | -13.28%-7.35% | -2.45%

Prior 7-Day Avg 2.89% | 3.79%3.49% | 5.64%5.25% | 10.69%

Current vs 7-Day Avg -71.47% | -33.20%-76.36% | -7.29%+80.01% | +18.98%

Prior 7-Day Eod 2.68% | 3.75%2.68% | 6.03%10.21% | 13.04%

Current vs 7-Day Eod -69.22% | -32.44%-69.22% | -13.28%-7.35% | -2.45%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 45.20% | 7.86%

Calls: 26.09% | 8.37%

Puts: 64.32% | 7.35%

Prior 26.23% | 24.18%

Calls: 23.24% | 19.94%

Puts: 29.23% | 28.42%

Current vs Prior +72.32% | -67.49%

Prior 7-Day Avg 21.32% | 22.89%

Calls: 23.12% | 19.63%

Puts: 19.52% | 26.16%

Current vs 7-Day Avg +112.01% | -65.67%

Liquidity Expensive

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🤖 AI Insights

Moderately bearish flow with 69% put dollar volume ($122.00M). Light premium activity with dollar volume down 76% vs prior. Extreme bearish P/C ratio of 2.82 - heavy put buying. Put-heavy open interest (1,264,896 puts vs 813,998 calls) suggests hedging or bearish positioning.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BEARISH

7-Day Avg BEARISH

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current BEARISH

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 603 of results (avg 5.9%, best 1.6%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$545.00	Nov 27	18.75	19.20	$18.98	2.4%	87	0.42	35
$532.50	Nov 13	19.70	20.20	$19.95	2.5%	11	0.49	89
$547.50	Nov 27	17.70	18.15	$17.92	2.5%	18	0.41	27
$535.00	Nov 27	23.35	23.95	$23.65	2.5%	103	0.48	7
$550.00	Nov 27	16.70	17.15	$16.92	2.7%	60	0.39	45

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$530.00	Nov 20	24.35	24.75	$24.55	1.6%	423	0.49	9.4K
$482.50	Oct 30	1.94	1.98	$1.96	2.0%	95	0.10	225
$532.50	Nov 27	26.85	27.45	$27.15	2.2%	12	0.50	24
$532.50	Nov 20	25.40	26.00	$25.70	2.3%	64	0.50	113
$505.00	Nov 20	14.45	14.80	$14.63	2.4%	47	0.33	2.0K

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 44 found (avg $0.67, cheapest $0.55)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$530.00	Oct 23	0.50	0.61	$0.55	20.0%	1.7K	0.28	1.5K
$550.00	Oct 26	0.45	0.52	$0.49	14.3%	950	0.07	590
$547.50	Oct 26	0.64	0.71	$0.68	10.3%	860	0.10	103
$545.00	Oct 26	0.89	0.98	$0.94	9.6%	219	0.13	595
$575.00	Oct 28	0.35	0.42	$0.39	17.9%	128	0.04	106

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$500.00	Oct 26	0.46	0.55	$0.51	17.6%	509	0.06	132
$502.50	Oct 26	0.58	0.68	$0.63	15.9%	54	0.07	24
$505.00	Oct 26	0.74	0.87	$0.81	16.0%	594	0.09	371
$480.00	Oct 28	0.68	0.81	$0.75	17.3%	29	0.06	40
$482.50	Oct 28	0.78	0.92	$0.85	16.5%	36	0.06	126

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 372 found (avg delta 0.79, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$450.00	Oct 23	76.15	80.15	$78.15	5.1%	3	1.00	13
$475.00	Oct 23	51.05	54.75	$52.90	7.0%	12	1.00	31
$480.00	Oct 23	46.15	50.15	$48.15	8.3%	--	1.00	14
$500.00	Oct 23	26.55	29.70	$28.13	11.2%	28	1.00	16
$507.50	Oct 23	19.05	22.05	$20.55	14.6%	1	1.00	1

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$620.00	Nov 4	90.55	93.85	$92.20	3.6%	1	1.00	--
$570.00	Oct 23	40.65	43.30	$41.97	6.3%	54	1.00	5.3K
$575.00	Oct 23	45.25	48.70	$46.98	7.3%	6	1.00	20
$600.00	Oct 23	70.25	73.95	$72.10	5.1%	--	1.00	106
$610.00	Oct 23	80.25	83.75	$82.00	4.3%	--	1.00	53

Most actively traded options today. High liquidity = easy entry/exit. 878 active (total vol 184.3K, top 15.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$535.00	Oct 23	0.01	0.04	$0.03	100.0%	3.5K	0.02	995
$560.00	Oct 26	0.11	0.17	$0.14	42.9%	3.2K	0.02	799
$570.00	Oct 30	1.51	1.62	$1.57	7.0%	2.8K	0.11	1.3K
$537.50	Oct 23	0.01	0.03	$0.02	100.0%	2.5K	0.01	436
$540.00	Oct 23	0.00	0.04	$0.02	200.0%	2.3K	0.01	943

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$440.00	Oct 26	0.01	0.05	$0.03	133.3%	15.2K	0.00	170
$510.00	Oct 28	4.00	4.25	$4.13	6.1%	9.8K	0.25	685
$485.00	Oct 28	0.91	1.04	$0.98	13.3%	8.9K	0.07	9.2K
$515.00	Nov 20	17.90	18.40	$18.15	2.8%	5.7K	0.39	3.4K
$550.00	Oct 30	25.65	26.95	$26.30	4.9%	5.5K	0.74	7.6K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 44.1%, max 71.5%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$525.00	Oct 23	Dec 4	65.5%	38.2%	71.5%	360	186
$527.50	Oct 23	Nov 20	57.3%	40.3%	42.4%	538	450
$530.00	Oct 23	Dec 4	50.1%	37.9%	31.9%	1.7K	1.5K
$505.00	Oct 30	Nov 20	48.7%	42.9%	13.6%	6	121

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$525.00	Oct 23	Dec 4	65.5%	38.2%	71.5%	1.6K	2.3K
$527.50	Oct 23	Nov 20	57.3%	40.3%	42.4%	754	1.1K
$530.00	Oct 23	Dec 4	51.3%	37.9%	35.1%	1.7K	15.7K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 544 found (best R:R 1.05, avg 6.19)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$500.00	$520.00	Nov 27	$12.35	$7.65	$12.35	69%	0.62	$512.35
$580.00	$600.00	Nov 4	$0.88	$19.12	$0.88	11%	21.73	$580.88
$552.50	$555.00	Nov 13	$0.42	$2.08	$0.42	34%	4.95	$552.92
$575.00	$580.00	Nov 4	$0.15	$4.85	$0.15	12%	32.33	$575.15
$512.50	$515.00	Oct 28	$1.38	$1.12	$1.38	73%	0.81	$513.88

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$557.50	$555.00	Oct 30	$1.22	$1.28	$1.22	81%	1.05	$556.28
$572.50	$570.00	Nov 27	$1.22	$1.28	$1.22	73%	1.05	$571.28
$505.00	$502.50	Nov 6	$0.13	$2.37	$0.13	29%	18.23	$504.87
$545.00	$542.50	Nov 27	$0.90	$1.60	$0.90	58%	1.78	$544.10
$515.00	$512.50	Nov 6	$0.45	$2.05	$0.45	37%	4.56	$514.55

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 435 found (best R:R 0.28, avg 0.31)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$625.00	$630.00	Oct 26	$1.10	$1.10	$3.90	92%	0.28	$626.10
$602.50	$605.00	Nov 2	$0.77	$0.77	$1.73	94%	0.45	$603.27
$615.00	$620.00	Nov 4	$0.74	$0.74	$4.26	94%	0.17	$615.74
$542.50	$545.00	Nov 27	$1.55	$1.55	$0.95	56%	1.63	$544.05
$555.00	$557.50	Nov 13	$1.23	$1.23	$1.27	67%	0.97	$556.23

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$460.00	$455.00	Oct 28	$0.53	$0.53	$4.47	96%	0.12	$459.47
$512.50	$510.00	Nov 6	$1.27	$1.27	$1.23	65%	1.03	$511.23
$485.00	$482.50	Nov 2	$0.67	$0.67	$1.83	86%	0.37	$484.33
$525.00	$522.50	Nov 6	$1.47	$1.47	$1.03	54%	1.43	$523.53
$525.00	$505.00	Dec 4	$8.11	$8.11	$11.89	55%	0.68	$516.89

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $4.74, cheapest $4.73)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$527.50	Oct 23	Oct 26	$4.73	57.3%	31.5%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$527.50	Oct 23	Oct 26	$4.74	57.3%	31.5%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 242 found (cheapest 0.52% of stock, avg 7.41%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$527.50	Oct 23	$1.84	$0.91	$2.75	$524.75	$530.25	0.52%
$530.00	Oct 23	$0.55	$2.52	$3.07	$526.93	$533.07	0.58%
$525.00	Oct 23	$3.70	$0.36	$4.06	$520.94	$529.06	0.77%
$532.50	Oct 23	$0.10	$4.70	$4.80	$527.70	$537.30	0.91%
$522.50	Oct 23	$5.90	$0.15	$6.05	$516.45	$528.55	1.14%
$535.00	Oct 23	$0.03	$7.10	$7.13	$527.87	$542.13	1.35%
$520.00	Oct 23	$8.15	$0.07	$8.22	$511.78	$528.22	1.56%
$537.50	Oct 23	$0.02	$9.23	$9.25	$528.25	$546.75	1.75%
$517.50	Oct 23	$10.88	$0.04	$10.92	$506.58	$528.42	2.07%
$540.00	Oct 23	$0.02	$12.00	$12.02	$527.98	$552.02	2.27%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 256 found (cheapest 0.05% of stock, avg 5.15%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$532.50	$522.50	Oct 23	$0.10	$0.15	$0.25	$522.25	$532.75
$532.50	$525.00	Oct 23	$0.10	$0.36	$0.46	$524.54	$532.96
$530.00	$522.50	Oct 23	$0.55	$0.15	$0.70	$521.80	$530.70
$530.00	$525.00	Oct 23	$0.55	$0.36	$0.91	$524.09	$530.91
$532.50	$527.50	Oct 23	$0.10	$0.91	$1.01	$526.49	$533.51
$530.00	$527.50	Oct 23	$0.55	$0.91	$1.46	$526.04	$531.46
$540.00	$517.50	Oct 26	$1.76	$2.53	$4.29	$513.21	$544.29
$537.50	$517.50	Oct 26	$2.45	$2.53	$4.98	$512.52	$542.48
$540.00	$520.00	Oct 26	$1.76	$3.15	$4.91	$515.09	$544.91
$537.50	$520.00	Oct 26	$2.45	$3.15	$5.60	$514.40	$543.10

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 423 found (best R:R 0.33, avg credit $1.13)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
450/452	615/618	Oct 23	$0.62	$1.88	96%	0.33	$451.88	$615.62
450/452	622/625	Oct 23	$0.57	$1.93	96%	0.30	$451.93	$623.07
440/442	615/618	Oct 23	$0.56	$1.94	96%	0.29	$441.94	$615.56
450/452	628/630	Oct 23	$0.56	$1.94	96%	0.29	$451.94	$628.06
450/452	602/605	Oct 23	$0.56	$1.94	96%	0.29	$451.94	$603.06
470/475	615/620	Nov 4	$1.30	$3.70	83%	0.35	$473.70	$616.30
482/485	548/550	Nov 2	$1.54	$0.96	56%	1.60	$483.46	$549.04
440/442	622/625	Oct 23	$0.51	$1.99	96%	0.26	$441.99	$623.01
450/452	588/590	Oct 23	$0.53	$1.97	96%	0.27	$451.97	$588.03
440/442	628/630	Oct 23	$0.50	$2.00	96%	0.25	$442.00	$628.00

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 364 found (best R:R 3.39, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$525.00	$527.50	$530.00	Oct 23	$0.57	$1.93	54%	3.39
$515.00	$520.00	$525.00	Nov 6	$0.08	$4.92	8%	61.50
$520.00	$522.50	$525.00	Oct 23	$0.05	$2.45	13%	49.00
$522.50	$525.00	$527.50	Oct 23	$0.34	$2.16	32%	6.35
$505.00	$510.00	$515.00	Nov 13	$0.09	$4.91	7%	54.56

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$527.50	$530.00	$532.50	Oct 23	$0.57	$1.93	54%	3.39
$530.00	$532.50	$535.00	Oct 23	$0.22	$2.28	26%	10.36
$522.50	$525.00	$527.50	Oct 23	$0.34	$2.16	32%	6.35
$565.00	$570.00	$575.00	Nov 13	$0.05	$4.95	6%	99.00
$515.00	$520.00	$525.00	Nov 27	$0.06	$4.94	6%	82.33

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 433 found (best net $-5.07, 385 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$450.00	$495.00	1:2	Nov 13	-$5.07	$39.93
$465.00	$500.00	1:2	Nov 6	-$7.74	$27.26
$480.00	$500.00	1:2	Oct 23	-$8.11	$11.89
$480.00	$500.00	1:2	Oct 26	-$8.80	$11.20
$477.50	$500.00	1:2	Oct 30	-$13.15	$9.35

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$570.00	$550.00	1:2	Nov 2	-$10.42	$9.58
$500.00	$475.00	1:2	Dec 4	-$3.80	$21.20
$532.50	$530.00	1:2	Oct 23	-$0.34	$2.16
$455.00	$430.00	1:2	Dec 4	-$1.67	$23.33
$512.50	$500.00	1:2	Nov 4	-$2.77	$9.73

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 236 found (best yield 4.35%, avg 1.37%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$540.00	Dec 4	$23.00	0.47	2.2%	4.35%	6.55%	100	10
$530.00	Dec 4	$27.40	0.52	0.3%	5.19%	5.49%	7	1
$532.50	Dec 4	$26.15	0.51	0.8%	4.95%	5.72%	1	11
$535.00	Dec 4	$24.85	0.49	1.2%	4.70%	5.95%	3	4
$545.00	Dec 4	$20.65	0.44	3.1%	3.91%	7.05%	19	3
$550.00	Dec 4	$18.50	0.41	4.1%	3.50%	7.59%	4	13
$535.00	Nov 27	$23.35	0.48	1.2%	4.42%	5.67%	103	7
$537.50	Nov 27	$22.10	0.47	1.7%	4.18%	5.90%	13	7
$532.50	Nov 27	$24.30	0.50	0.8%	4.60%	5.37%	9	19
$540.00	Nov 27	$20.95	0.45	2.2%	3.96%	6.16%	47	19

Current 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM)	Total Volume	Call Volume	Put Volume	Volume Change
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Current Put/Call Breakdown

Total Calls 82,893

Total Puts 233,700

Put/Call Ratio 2.82

Net Difference -150,807

Prior's Put/Call Breakdown

Total Calls 143,466

Total Puts 365,784

Put/Call Ratio 2.55

Net Difference -222,318

Prior 7-Day Put/Call Summary

Total Calls 864,541

Total Puts 1,579,277

Average Put/Call Ratio 1.89

Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date	Calls	Puts	Ratio	Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker	Earnings Date	Days Away	Call Volume	Put Volume	IV Rank
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Option Volume

Dollar Volume

Put/Call Ratio

Open Interest

Expected Move

Relative Spread

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📈 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

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