SMH - Options Database

SMH

VanEck Semiconductor ETF

$565.08 +0.80%

(9/18 10:00) ◀

Friday, September 18, 2026 (11:00am)

▶ (9/18 12:01)

◀ 9/18 11:00 ▶

Option Volume

Detail

ℹ

Current (09/18 11:00am) 122,263

Calls: 26,898 (22%)

Puts: 95,365 (78%)

Prior (09/17) 66,669

Calls: 28,039 (42%)

Puts: 38,630 (58%)

Current vs Prior +83.39%

Calls: -4.07% (Calls)

Puts: +146.87% (Puts)

Prior 7-Day Total 1,540,364

Calls: 583,865 (38%)

Puts: 956,499 (62%)

Prior 7-Day Average 220,052

Calls: 83,409 (38%)

Puts: 136,642 (62%)

Current vs Prior 7-Day Avg -44.44%

Calls: -67.75%

Puts: -30.21%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/18 11:00am) $46.97M

Calls: $27.96M (60%)

Puts: $19.01M (40%)

Prior (09/17) $46.55M

Calls: $23.35M (50%)

Puts: $23.20M (50%)

Current vs Prior +0.91%

Calls: +19.75%

Puts: -18.06%

Prior 7-Day Total $1.33B

Calls: $449.07M (34%)

Puts: $880.61M (66%)

Prior 7-Day Average $189.95M

Calls: $64.15M (34%)

Puts: $125.80M (66%)

Current vs Prior 7-Day Avg -75.27%

Calls: -56.41%

Puts: -84.89%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/18 11:00am) 3.55

Prior (09/17) 1.38

Current vs Prior +157.34%

Prior 7-Day Average 1.69

Current vs Prior 7-Day Avg +109.23%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/18 11:00am) 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 13,869,125

Calls: 5,348,981 (39%)

Puts: 8,520,144 (61%)

Prior 7-Day Average 1,981,303

Calls: 764,140 (39%)

Puts: 1,217,163 (61%)

Current vs Prior 7-Day Avg +9.90%

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 0.81% | 1.62%0.81% | 1.62%0.81% | 3.16%0.81% | 7.23%

Prior 1.44% | 2.07%1.44% | 2.07%1.44% | 3.68%0.47% | 7.65%

Current vs Prior -43.68% | -21.56%-43.68% | -21.56%-43.68% | -14.17%+72.39% | -5.49%

Prior 7-Day Avg 1.72% | 2.35%1.10% | 2.33%2.18% | 4.24%1.69% | 8.43%

Current vs 7-Day Avg -53.01% | -30.91%-26.67% | -30.19%-62.83% | -25.62%-52.03% | -14.27%

Prior 7-Day Eod 1.44% | 2.07%1.39% | 2.13%1.39% | 3.54%0.49% | 7.44%

Current vs 7-Day Eod -43.68% | -21.56%-41.68% | -23.60%-41.68% | -10.82%+64.97% | -2.81%

Sentiment BULLISHBULLISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 18.22% | 17.46%

Calls: 11.69% | 14.18%

Puts: 24.75% | 20.75%

Prior 29.02% | 27.17%

Calls: 33.33% | 35.58%

Puts: 24.72% | 18.76%

Current vs Prior -37.22% | -35.74%

Prior 7-Day Avg 43.56% | 22.97%

Calls: 45.48% | 24.43%

Puts: 41.63% | 21.51%

Current vs 7-Day Avg -58.17% | -23.99%

Liquidity Expensive

Add Card

🤖 AI Insights

Above-average activity with volume up 83% vs prior. Extreme bearish P/C ratio of 3.55 - heavy put buying. P/C ratio rising 157% - increased hedging/bearish positioning. Put-heavy open interest (1,356,584 puts vs 820,914 calls) suggests hedging or bearish positioning.

Smart Money BULLISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

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

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
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 420 of results (avg 6.1%, best 1.7%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$570.00	Oct 16	17.45	17.90	$17.67	2.5%	53	0.48	1.4K
$572.50	Oct 23	19.10	19.65	$19.38	2.8%	11	0.47	18
$570.00	Oct 23	20.25	20.85	$20.55	2.9%	25	0.48	45
$575.00	Oct 16	15.15	15.60	$15.38	2.9%	34	0.44	4.5K
$455.00	Sep 18	108.10	111.35	$109.73	3.0%	--	1.00	249

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$670.00	Sep 18	104.05	105.85	$104.95	1.7%	1	1.00	1
$665.00	Sep 18	99.15	100.95	$100.05	1.8%	--	1.00	200
$675.00	Sep 18	108.90	111.10	$110.00	2.0%	--	1.00	200
$565.00	Oct 23	20.85	21.30	$21.08	2.1%	6	0.48	29
$560.00	Oct 23	18.50	19.00	$18.75	2.7%	12	0.45	55

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 67 found (avg $0.58, cheapest $0.20)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$570.00	Sep 18	0.18	0.21	$0.20	15.0%	1.0K	0.10	5.4K
$567.50	Sep 18	0.54	0.60	$0.57	10.5%	570	0.26	1.5K
$585.00	Sep 21	0.15	0.18	$0.16	18.8%	11	0.04	16
$582.50	Sep 21	0.21	0.25	$0.23	17.4%	25	0.05	111
$580.00	Sep 21	0.32	0.37	$0.35	14.3%	66	0.07	67

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$560.00	Sep 18	0.23	0.27	$0.25	16.0%	545	0.12	4.4K
$562.50	Sep 18	0.56	0.64	$0.60	13.3%	1.3K	0.25	107
$547.50	Sep 21	0.33	0.39	$0.36	16.7%	27	0.07	8
$545.00	Sep 21	0.25	0.30	$0.28	17.9%	59	0.05	909
$550.00	Sep 21	0.46	0.53	$0.50	14.0%	183	0.09	656

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 293 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$490.00	Sep 21	73.20	76.30	$74.75	4.1%	--	1.00	10
$510.00	Sep 21	53.65	56.30	$54.97	4.8%	13	1.00	--
$525.00	Sep 21	38.35	41.35	$39.85	7.5%	--	1.00	13
$540.00	Sep 21	23.50	26.40	$24.95	11.6%	--	1.00	19
$490.00	Sep 22	73.30	76.40	$74.85	4.1%	--	1.00	10

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$575.00	Sep 18	9.00	10.95	$9.98	19.5%	9	1.00	1.7K
$577.50	Sep 18	11.30	14.30	$12.80	23.4%	--	1.00	25
$580.00	Sep 18	13.60	16.70	$15.15	20.5%	12	1.00	1.1K
$585.00	Sep 18	18.15	22.00	$20.08	19.2%	--	1.00	95
$590.00	Sep 18	23.65	26.85	$25.25	12.7%	3	1.00	103

Most actively traded options today. High liquidity = easy entry/exit. 667 active (total vol 48.2K, top 2.7K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$565.00	Sep 18	1.45	1.63	$1.54	11.7%	2.7K	0.51	6.5K
$575.00	Sep 18	0.03	0.06	$0.05	60.0%	2.5K	0.02	5.5K
$600.00	Oct 16	6.95	7.40	$7.18	6.3%	1.2K	0.26	11.1K
$580.00	Sep 25	2.77	3.05	$2.91	9.6%	1.0K	0.24	451
$570.00	Sep 18	0.18	0.21	$0.20	15.0%	1.0K	0.10	5.4K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$530.00	Oct 16	6.95	7.30	$7.13	4.9%	2.6K	0.23	5.8K
$500.00	Oct 16	2.83	3.10	$2.97	9.1%	2.3K	0.10	11.2K
$555.00	Sep 18	0.06	0.09	$0.08	37.5%	1.5K	0.03	2.8K
$562.50	Sep 18	0.56	0.64	$0.60	13.3%	1.3K	0.25	107
$535.00	Oct 16	8.05	8.45	$8.25	4.8%	1.2K	0.26	13.3K

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

No setups found for this strategy

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 530 found (best R:R 156.41, avg 8.09)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$602.50	$645.00	Sep 24	$0.27	$42.23	$0.27	6%	156.41	$602.77
$620.00	$640.00	Sep 28	$0.13	$19.87	$0.13	5%	152.85	$620.13
$562.50	$565.00	Sep 24	$0.80	$1.70	$0.80	56%	2.13	$563.30
$545.00	$547.50	Oct 9	$1.22	$1.28	$1.22	70%	1.05	$546.22
$560.00	$562.50	Sep 18	$1.58	$0.92	$1.58	88%	0.58	$561.58

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$580.00	$565.00	Sep 28	$8.93	$6.07	$8.93	73%	0.68	$571.07
$515.00	$475.00	Sep 29	$0.49	$39.51	$0.49	6%	80.63	$514.51
$570.00	$567.50	Oct 30	$0.68	$1.82	$0.68	51%	2.68	$569.32
$570.00	$565.00	Oct 16	$2.00	$3.00	$2.00	52%	1.50	$568.00
$580.00	$577.50	Oct 2	$1.15	$1.35	$1.15	66%	1.17	$578.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 440 found (best R:R 0.14, avg 0.30)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$585.00	$615.00	Oct 1	$3.71	$3.71	$26.29	73%	0.14	$588.71
$585.00	$590.00	Sep 28	$1.27	$1.27	$3.73	78%	0.34	$586.27
$570.00	$585.00	Oct 1	$5.38	$5.38	$9.62	55%	0.56	$575.38
$585.00	$587.50	Oct 9	$1.15	$1.15	$1.35	67%	0.85	$586.15
$567.50	$570.00	Oct 30	$1.58	$1.58	$0.92	49%	1.72	$569.08

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$562.50	$560.00	Oct 9	$1.53	$1.53	$0.97	54%	1.58	$560.97
$485.00	$480.00	Oct 30	$0.84	$0.84	$4.16	89%	0.20	$484.16
$547.50	$545.00	Oct 23	$1.18	$1.18	$1.32	64%	0.89	$546.32
$565.00	$562.50	Oct 30	$1.41	$1.41	$1.09	52%	1.29	$563.59
$565.00	$562.50	Sep 30	$1.43	$1.43	$1.07	50%	1.34	$563.57

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $2.35, cheapest $2.34)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$565.00	Sep 18	Sep 21	$2.34	27.0%	17.7%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$565.00	Sep 18	Sep 21	$2.36	27.0%	17.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 235 found (cheapest 0.53% of stock, avg 5.62%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$565.00	Sep 18	$1.54	$1.44	$2.98	$562.02	$567.98	0.53%
$567.50	Sep 18	$0.57	$3.03	$3.60	$563.90	$571.10	0.64%
$562.50	Sep 18	$3.24	$0.60	$3.84	$558.66	$566.34	0.68%
$560.00	Sep 18	$4.82	$0.25	$5.07	$554.93	$565.07	0.90%
$570.00	Sep 18	$0.20	$5.25	$5.45	$564.55	$575.45	0.96%
$565.00	Sep 21	$3.88	$3.80	$7.68	$557.32	$572.68	1.36%
$557.50	Sep 18	$7.80	$0.13	$7.93	$549.57	$565.43	1.40%
$562.50	Sep 21	$5.30	$2.71	$8.01	$554.49	$570.51	1.42%
$567.50	Sep 21	$2.73	$5.30	$8.03	$559.47	$575.53	1.42%
$572.50	Sep 18	$0.09	$8.00	$8.09	$564.41	$580.59	1.43%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 348 found (cheapest 0.06% of stock, avg 3.15%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$570.00	$557.50	Sep 18	$0.20	$0.13	$0.33	$557.17	$570.33
$570.00	$560.00	Sep 18	$0.20	$0.25	$0.45	$559.55	$570.45
$567.50	$557.50	Sep 18	$0.57	$0.13	$0.70	$556.80	$568.20
$570.00	$562.50	Sep 18	$0.20	$0.60	$0.80	$561.70	$570.80
$567.50	$560.00	Sep 18	$0.57	$0.25	$0.82	$559.18	$568.32
$567.50	$562.50	Sep 18	$0.57	$0.60	$1.17	$561.33	$568.67
$575.00	$552.50	Sep 21	$0.80	$0.69	$1.49	$551.01	$576.49
$575.00	$555.00	Sep 21	$0.80	$0.98	$1.78	$553.22	$576.78
$572.50	$552.50	Sep 21	$1.22	$0.69	$1.91	$550.59	$574.41
$572.50	$555.00	Sep 21	$1.22	$0.98	$2.20	$552.80	$574.70

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 598 found (best R:R 1.18, avg credit $1.06)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
480/485	595/600	Oct 30	$2.71	$2.29	55%	1.18	$482.29	$597.71
542/545	598/600	Sep 23	$0.80	$1.70	79%	0.47	$544.20	$598.30
505/510	595/600	Oct 30	$2.92	$2.08	47%	1.40	$507.08	$597.92
520/522	640/642	Sep 22	$0.36	$2.14	95%	0.17	$522.14	$640.36
495/500	595/600	Oct 30	$2.67	$2.33	51%	1.15	$497.33	$597.67
542/545	588/590	Sep 23	$0.83	$1.67	74%	0.50	$544.17	$588.33
525/530	585/590	Sep 28	$1.77	$3.23	67%	0.55	$528.23	$586.77
510/512	608/610	Sep 18	$0.20	$2.30	97%	0.09	$512.30	$607.70
548/550	598/600	Sep 23	$0.77	$1.73	74%	0.45	$549.23	$598.27
542/545	578/580	Sep 23	$1.03	$1.47	62%	0.70	$543.97	$578.53

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 363 found (best R:R 19.83, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$550.00	$555.00	$560.00	Oct 16	$0.08	$4.92	8%	61.50
$455.00	$460.00	$465.00	Oct 16	$0.06	$4.94	6%	82.33
$575.00	$580.00	$585.00	Oct 16	$0.12	$4.88	8%	40.67
$540.00	$545.00	$550.00	Oct 16	$0.12	$4.88	7%	40.67
$610.00	$615.00	$620.00	Oct 16	$0.06	$4.94	5%	82.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$550.00	$555.00	$560.00	Sep 24	$0.24	$4.76	17%	19.83
$565.00	$567.50	$570.00	Sep 21	$0.15	$2.35	20%	15.67
$562.50	$565.00	$567.50	Sep 23	$0.07	$2.43	12%	34.71
$540.00	$545.00	$550.00	Sep 30	$0.17	$4.83	10%	28.41
$520.00	$525.00	$530.00	Oct 16	$0.05	$4.95	5%	99.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 527 found (best net $-22.13, 489 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$455.00	$500.00	1:2	Oct 2	-$22.13	$22.87
$525.00	$540.00	1:2	Sep 21	-$10.05	$4.95
$550.00	$560.00	1:2	Sep 24	-$3.53	$6.47
$555.00	$560.00	1:2	Sep 21	-$2.52	$2.48
$545.00	$552.50	1:2	Sep 21	-$5.88	$1.62

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$580.00	$565.00	1:2	Sep 28	-$0.52	$14.48
$570.00	$567.50	1:2	Sep 18	-$0.81	$1.69
$515.00	$475.00	1:2	Sep 29	-$0.04	$39.96
$550.00	$540.00	1:2	Sep 29	-$0.95	$9.05
$530.00	$515.00	1:2	Sep 29	-$0.06	$14.94

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 208 found (best yield 4.37%, avg 0.95%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$567.50	Oct 30	$24.70	0.51	0.4%	4.37%	4.80%	1	51
$572.50	Oct 30	$22.15	0.48	1.3%	3.92%	5.23%	--	17
$575.00	Oct 30	$21.00	0.46	1.8%	3.72%	5.47%	--	20
$570.00	Oct 30	$23.05	0.49	0.9%	4.08%	4.95%	3	29
$577.50	Oct 30	$19.85	0.45	2.2%	3.51%	5.71%	--	73
$580.00	Oct 30	$18.90	0.43	2.6%	3.34%	5.98%	4	35
$585.00	Oct 30	$16.90	0.40	3.5%	2.99%	6.52%	20	5
$587.50	Oct 30	$15.60	0.39	4.0%	2.76%	6.73%	--	21
$590.00	Oct 30	$14.70	0.37	4.4%	2.60%	7.01%	213	207
$595.00	Oct 30	$13.35	0.35	5.3%	2.36%	7.66%	--	16

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 26,898

Total Puts 95,365

Put/Call Ratio 3.55

Net Difference -68,467

Prior's Put/Call Breakdown

Total Calls 28,039

Total Puts 38,630

Put/Call Ratio 1.38

Net Difference -10,591

Prior 7-Day Put/Call Summary

Total Calls 583,865

Total Puts 956,499

Average Put/Call Ratio 1.69

Ratio Trend Rising

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