SMH - Options Database

SMH

VanEck Semiconductor ETF

$564.93 +0.77%

(9/17 16:00) ◀

Friday, September 18, 2026 (10:00am)

▶ (9/18 11:00)

◀ 9/18 10:00 ▶

Option Volume

Detail

ℹ

Current (09/18 10:00am) 73,437

Calls: 9,719 (13%)

Puts: 63,718 (87%)

Prior (09/17) 23,254

Calls: 11,641 (50%)

Puts: 11,613 (50%)

Current vs Prior +215.80%

Calls: -16.51% (Calls)

Puts: +448.68% (Puts)

Prior 7-Day Total 1,508,426

Calls: 586,296 (39%)

Puts: 922,130 (61%)

Prior 7-Day Average 215,489

Calls: 83,756 (39%)

Puts: 131,732 (61%)

Current vs Prior 7-Day Avg -65.92%

Calls: -88.40%

Puts: -51.63%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/18 10:00am) $13.51M

Calls: $5.51M (41%)

Puts: $8.00M (59%)

Prior (09/17) $15.31M

Calls: $10.43M (68%)

Puts: $4.88M (32%)

Current vs Prior -11.77%

Calls: -47.19%

Puts: +64.01%

Prior 7-Day Total $1.37B

Calls: $499.43M (37%)

Puts: $867.87M (63%)

Prior 7-Day Average $195.33M

Calls: $71.35M (37%)

Puts: $123.98M (63%)

Current vs Prior 7-Day Avg -93.09%

Calls: -92.28%

Puts: -93.55%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (09/18 10:00am) 6.56

Prior (09/17) 1.00

Current vs Prior +557.18%

Prior 7-Day Average 1.63

Current vs Prior 7-Day Avg +302.22%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/18 10:00am) 2,177,498

Calls: 820,914 (38%)

Puts: 1,356,584 (62%)

Prior (09/17) 2,112,153

Calls: 806,197 (38%)

Puts: 1,305,956 (62%)

Current vs Prior +3.09%

Prior 7-Day Total 13,627,761

Calls: 5,272,163 (39%)

Puts: 8,355,598 (61%)

Prior 7-Day Average 1,946,823

Calls: 753,166 (39%)

Puts: 1,193,656 (61%)

Current vs Prior 7-Day Avg +11.85%

Sentiment BULLISH

Expected Move

Detail

ℹ

0DTE3DTEWKMO Expiry (09/18) | Next (09/21)Expiry (09/18) | Next (09/21)Expiry (09/18) | Next (09/25)Expiry (09/18) | Next (10/16)

Current 0.89% | 1.70%0.89% | 1.70%0.89% | 3.14%0.89% | 7.22%

Prior 2.01% | 2.53%0.60% | 2.53%2.53% | 4.44%0.60% | 8.15%

Current vs Prior -55.77% | -32.96%+47.80% | -32.96%-64.87% | -29.28%+47.80% | -11.38%

Prior 7-Day Avg 1.76% | 2.39%1.14% | 2.47%2.41% | 4.44%2.21% | 8.75%

Current vs 7-Day Avg -49.44% | -29.14%-22.00% | -31.24%-63.07% | -29.30%-59.76% | -17.49%

Prior 7-Day Eod 2.01% | 2.53%1.39% | 2.13%1.39% | 3.54%0.49% | 7.44%

Current vs 7-Day Eod -55.77% | -32.96%-35.92% | -20.25%-35.92% | -11.30%+81.27% | -2.90%

Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 28.40% | 16.14%

Calls: 32.84% | 22.01%

Puts: 23.95% | 10.26%

Prior 17.42% | 19.98%

Calls: 11.75% | 16.85%

Puts: 23.09% | 23.12%

Current vs Prior +63.03% | -19.22%

Prior 7-Day Avg 45.59% | 24.37%

Calls: 47.10% | 24.84%

Puts: 44.07% | 23.90%

Current vs 7-Day Avg -37.70% | -33.77%

Liquidity Expensive

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🤖 AI Insights

Unusually high activity with volume up 216% vs prior - elevated interest. Extreme bearish P/C ratio of 6.56 - heavy put buying. P/C ratio rising 557% - increased hedging/bearish positioning. Put-heavy open interest (1,356,584 puts vs 820,914 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 BULLISH

7-Day Avg BEARISH

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior NEUTRAL

7-Day Avg NEUTRAL

Current BEARISH

Prior BEARISH

7-Day Avg NEUTRAL

Current NEUTRAL

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
16:00	BEARISH	BEARISH	BEARISH
15:00	BEARISH	BEARISH	BEARISH
14:00	BULLISH	BEARISH	BEARISH
13:00	BULLISH	BEARISH	BEARISH
12:00	BULLISH	BEARISH	BEARISH
11:00	BULLISH	BEARISH	BEARISH
10:00	BEARISH	BEARISH	BEARISH

📈 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 427 of results (avg 6.0%, best 2.3%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$575.00	Oct 16	15.00	15.35	$15.18	2.3%	25	0.44	4.5K
$572.50	Oct 23	18.95	19.40	$19.17	2.3%	1	0.47	18
$575.00	Oct 23	17.80	18.25	$18.02	2.5%	--	0.45	33
$570.00	Oct 16	17.25	17.70	$17.48	2.6%	13	0.48	1.4K
$577.50	Oct 23	16.70	17.15	$16.92	2.7%	2	0.43	71

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$562.50	Oct 23	19.25	19.70	$19.48	2.3%	1	0.46	6
$565.00	Oct 9	15.10	15.50	$15.30	2.6%	--	0.49	22
$565.00	Oct 23	20.30	20.85	$20.58	2.7%	6	0.48	29
$565.00	Oct 16	17.90	18.40	$18.15	2.8%	17	0.48	680
$555.00	Oct 23	16.10	16.55	$16.33	2.8%	--	0.41	128

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 53 found (avg $0.61, cheapest $0.42)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$580.00	Sep 21	0.38	0.46	$0.42	19.0%	33	0.09	67
$577.50	Sep 21	0.57	0.67	$0.62	16.1%	3	0.12	778
$575.00	Sep 21	0.86	1.00	$0.93	15.1%	69	0.17	1.4K
$590.00	Sep 22	0.32	0.37	$0.35	14.3%	39	0.05	112
$585.00	Sep 22	0.55	0.63	$0.59	13.6%	--	0.09	56

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$540.00	Sep 21	0.17	0.19	$0.18	11.1%	28	0.03	175
$545.00	Sep 21	0.26	0.31	$0.29	17.2%	52	0.05	909
$547.50	Sep 21	0.36	0.42	$0.39	15.4%	23	0.07	8
$550.00	Sep 21	0.50	0.57	$0.53	13.2%	14	0.10	656
$552.50	Sep 21	0.69	0.80	$0.75	14.7%	1	0.13	26

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 280 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$490.00	Sep 21	73.85	77.00	$75.43	4.2%	--	1.00	10
$525.00	Sep 21	38.75	42.05	$40.40	8.2%	--	1.00	13
$490.00	Sep 22	73.85	77.15	$75.50	4.4%	--	1.00	10
$490.00	Sep 23	73.90	77.30	$75.60	4.5%	--	1.00	10
$460.00	Sep 25	103.50	107.35	$105.43	3.7%	--	1.00	11

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$577.50	Sep 18	10.60	13.65	$12.13	25.1%	--	1.00	25
$580.00	Sep 18	13.55	15.65	$14.60	14.4%	10	1.00	1.1K
$585.00	Sep 18	18.05	21.20	$19.63	16.0%	--	1.00	95
$590.00	Sep 18	23.80	26.35	$25.08	10.2%	1	1.00	103
$595.00	Sep 18	28.05	31.40	$29.73	11.3%	--	1.00	83

Most actively traded options today. High liquidity = easy entry/exit. 494 active (total vol 20.0K, top 1.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$570.00	Sep 18	0.28	0.36	$0.32	25.0%	552	0.14	5.4K
$660.00	Oct 2	0.14	0.20	$0.17	35.3%	409	0.01	294
$585.00	Sep 25	1.90	2.08	$1.99	9.0%	375	0.18	2.8K
$595.00	Oct 9	5.55	5.80	$5.68	4.4%	328	0.25	35
$565.00	Sep 18	1.63	2.03	$1.83	21.9%	313	0.52	6.5K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$555.00	Sep 18	0.09	0.14	$0.12	41.7%	1.2K	0.05	2.8K
$535.00	Oct 16	7.60	8.00	$7.80	5.1%	658	0.25	13.3K
$560.00	Sep 25	5.65	6.00	$5.83	6.0%	627	0.40	1.7K
$550.00	Sep 18	0.04	0.07	$0.06	50.0%	600	0.02	11.3K
$480.00	Oct 16	1.49	1.62	$1.56	8.3%	491	0.06	4.4K

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 6.5%, max 6.5%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$562.50	Sep 18	Oct 9	30.2%	28.4%	6.5%	45	2.4K

PUTS (0)

No puts found

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 506 found (best R:R 150.79, avg 8.55)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$602.50	$645.00	Sep 24	$0.28	$42.22	$0.28	6%	150.79	$602.78
$565.00	$567.50	Sep 23	$0.45	$2.05	$0.45	50%	4.56	$565.45
$587.50	$590.00	Oct 30	$0.32	$2.18	$0.32	39%	6.81	$587.82
$575.00	$580.00	Sep 28	$0.91	$4.09	$0.91	35%	4.49	$575.91
$620.00	$640.00	Sep 28	$0.13	$19.87	$0.13	5%	152.85	$620.13

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$580.00	$572.50	Oct 23	$3.53	$3.97	$3.53	58%	1.12	$576.47
$585.00	$582.50	Sep 25	$1.40	$1.10	$1.40	82%	0.79	$583.60
$570.00	$555.00	Sep 29	$5.78	$9.22	$5.78	56%	1.60	$564.22
$570.00	$567.50	Oct 30	$0.68	$1.82	$0.68	50%	2.68	$569.32
$515.00	$475.00	Sep 29	$0.56	$39.44	$0.56	7%	70.43	$514.44

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 420 found (best R:R 0.15, avg 0.29)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$585.00	$615.00	Oct 1	$3.81	$3.81	$26.19	73%	0.15	$588.81
$585.00	$587.50	Oct 30	$1.43	$1.43	$1.07	60%	1.34	$586.43
$570.00	$572.50	Sep 29	$1.47	$1.47	$1.03	56%	1.43	$571.47
$570.00	$585.00	Oct 1	$5.43	$5.43	$9.57	55%	0.57	$575.43
$570.00	$572.50	Sep 30	$1.37	$1.37	$1.13	56%	1.21	$571.37

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$530.00	$520.00	Oct 30	$2.60	$2.60	$7.40	73%	0.35	$527.40
$545.00	$542.50	Oct 30	$1.14	$1.14	$1.36	65%	0.84	$543.86
$550.00	$535.00	Oct 1	$3.17	$3.17	$11.83	70%	0.27	$546.83
$460.00	$455.00	Oct 9	$0.30	$0.30	$4.70	97%	0.06	$459.70
$480.00	$475.00	Oct 9	$0.37	$0.37	$4.63	95%	0.08	$479.63

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $2.25, cheapest $2.23)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$565.00	Sep 18	Sep 21	$2.27	28.8%	18.3%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$565.00	Sep 18	Sep 21	$2.23	28.8%	18.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 216 found (cheapest 0.62% of stock, avg 5.59%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$565.00	Sep 18	$1.83	$1.67	$3.50	$561.50	$568.50	0.62%
$567.50	Sep 18	$0.80	$3.20	$4.00	$563.50	$571.50	0.71%
$562.50	Sep 18	$3.35	$0.78	$4.13	$558.37	$566.63	0.73%
$570.00	Sep 18	$0.32	$5.40	$5.72	$564.28	$575.72	1.01%
$560.00	Sep 18	$5.60	$0.37	$5.97	$554.03	$565.97	1.06%
$572.50	Sep 18	$0.13	$7.90	$8.03	$564.47	$580.53	1.42%
$565.00	Sep 21	$4.10	$3.90	$8.00	$557.00	$573.00	1.42%
$557.50	Sep 18	$8.05	$0.19	$8.24	$549.26	$565.74	1.46%
$567.50	Sep 21	$2.99	$5.25	$8.24	$559.26	$575.74	1.46%
$562.50	Sep 21	$5.68	$2.85	$8.53	$553.97	$571.03	1.51%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 342 found (cheapest 0.06% of stock, avg 2.98%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$572.50	$557.50	Sep 18	$0.13	$0.19	$0.32	$557.18	$572.82
$570.00	$557.50	Sep 18	$0.32	$0.19	$0.51	$556.99	$570.51
$572.50	$560.00	Sep 18	$0.13	$0.37	$0.50	$559.50	$573.00
$570.00	$560.00	Sep 18	$0.32	$0.37	$0.69	$559.31	$570.69
$572.50	$562.50	Sep 18	$0.13	$0.78	$0.91	$561.59	$573.41
$570.00	$562.50	Sep 18	$0.32	$0.78	$1.10	$561.40	$571.10
$567.50	$557.50	Sep 18	$0.80	$0.19	$0.99	$556.51	$568.49
$567.50	$560.00	Sep 18	$0.80	$0.37	$1.17	$558.83	$568.67
$567.50	$562.50	Sep 18	$0.80	$0.78	$1.58	$560.92	$569.08
$577.50	$555.00	Sep 21	$0.62	$1.04	$1.66	$553.34	$579.16

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 525 found (best R:R 0.09, avg credit $1.03)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
495/498	608/610	Sep 18	$0.20	$2.30	97%	0.09	$497.30	$607.70
495/498	592/595	Sep 18	$0.20	$2.30	97%	0.09	$497.30	$592.70
495/498	670/675	Sep 18	$0.20	$4.80	98%	0.04	$497.30	$670.20
528/530	588/590	Sep 21	$0.29	$2.21	92%	0.13	$529.71	$587.79
485/488	575/578	Sep 25	$0.90	$1.60	66%	0.56	$486.60	$575.90
510/515	605/610	Sep 21	$0.24	$4.76	96%	0.05	$514.76	$605.24
495/498	575/578	Sep 25	$0.91	$1.59	65%	0.57	$496.59	$575.91
480/485	595/600	Oct 30	$2.29	$2.71	55%	0.85	$482.71	$597.29
518/520	595/600	Sep 22	$0.48	$4.52	91%	0.11	$519.52	$595.48
490/492	575/578	Sep 25	$0.89	$1.61	66%	0.55	$491.61	$575.89

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 351 found (best R:R 54.56, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$562.50	$565.00	$567.50	Sep 18	$0.49	$2.01	43%	4.10
$565.00	$570.00	$575.00	Oct 16	$0.10	$4.90	8%	49.00
$510.00	$515.00	$520.00	Sep 25	$0.06	$4.94	6%	82.33
$557.50	$560.00	$562.50	Sep 18	$0.20	$2.30	20%	11.50
$550.00	$555.00	$560.00	Oct 16	$0.15	$4.85	8%	32.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$555.00	$560.00	$565.00	Sep 24	$0.09	$4.91	20%	54.56
$570.00	$572.50	$575.00	Sep 21	$0.06	$2.44	15%	40.67
$540.00	$545.00	$550.00	Oct 16	$0.08	$4.92	7%	61.50
$562.50	$565.00	$567.50	Sep 22	$0.12	$2.38	15%	19.83
$555.00	$557.50	$560.00	Sep 21	$0.11	$2.39	13%	21.73

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 500 found (best net $-5.37, 459 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$490.00	$525.00	1:2	Sep 21	-$5.37	$29.63
$455.00	$500.00	1:2	Oct 2	-$22.80	$22.20
$525.00	$540.00	1:2	Sep 21	-$10.46	$4.54
$550.00	$560.00	1:2	Sep 24	-$3.49	$6.51
$555.00	$560.00	1:2	Sep 21	-$2.61	$2.39

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$570.00	$555.00	1:2	Sep 29	-$0.27	$14.73
$567.50	$565.00	1:2	Sep 18	-$0.14	$2.36
$550.00	$540.00	1:2	Sep 24	-$0.20	$9.80
$570.00	$567.50	1:2	Sep 18	-$1.00	$1.50
$530.00	$515.00	1:2	Sep 29	-$0.20	$14.80

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 207 found (best yield 4.15%, avg 1.03%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$570.00	Oct 30	$23.45	0.50	0.9%	4.15%	5.05%	3	29
$572.50	Oct 30	$22.25	0.48	1.3%	3.94%	5.28%	--	17
$575.00	Oct 30	$20.55	0.47	1.8%	3.64%	5.42%	--	20
$567.50	Oct 30	$23.65	0.51	0.5%	4.19%	4.64%	--	51
$577.50	Oct 30	$19.20	0.45	2.2%	3.40%	5.62%	--	73
$585.00	Oct 30	$16.60	0.41	3.5%	2.94%	6.49%	15	5
$590.00	Oct 30	$15.05	0.38	4.4%	2.66%	7.10%	213	207
$580.00	Oct 30	$17.95	0.43	2.7%	3.18%	5.84%	1	35
$587.50	Oct 30	$15.15	0.39	4.0%	2.68%	6.68%	--	21
$595.00	Oct 30	$13.20	0.35	5.3%	2.34%	7.66%	--	16

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 9,719

Total Puts 63,718

Put/Call Ratio 6.56

Net Difference -53,999

Prior's Put/Call Breakdown

Total Calls 11,641

Total Puts 11,613

Put/Call Ratio 1.00

Net Difference 28

Prior 7-Day Put/Call Summary

Total Calls 586,296

Total Puts 922,130

Average Put/Call Ratio 1.63

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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