SMH - Options Database

SMH

VanEck Semiconductor ETF

$600.68 +0.78%

(9/22 10:00) ◀

Tuesday, September 22, 2026 (11:00am)

▶ (9/22 12:00)

◀ 9/22 11:00 ▶

Option Volume

Detail

ℹ

Current (09/22 11:00am) 74,392

Calls: 42,967 (58%)

Puts: 31,425 (42%)

Prior (09/18) 122,263

Calls: 26,898 (22%)

Puts: 95,365 (78%)

Current vs Prior -39.15%

Calls: +59.74% (Calls)

Puts: -67.05% (Puts)

Prior 7-Day Total 1,881,412

Calls: 698,104 (37%)

Puts: 1,183,308 (63%)

Prior 7-Day Average 268,773

Calls: 99,729 (37%)

Puts: 169,044 (63%)

Current vs Prior 7-Day Avg -72.32%

Calls: -56.92%

Puts: -81.41%

Sentiment BULLISH

Dollar Volume

Detail

ℹ

Current (09/22 11:00am) $77.06M

Calls: $50.34M (65%)

Puts: $26.72M (35%)

Prior (09/18) $46.97M

Calls: $27.96M (60%)

Puts: $19.01M (40%)

Current vs Prior +64.05%

Calls: +80.02%

Puts: +40.57%

Prior 7-Day Total $1.54B

Calls: $690.90M (45%)

Puts: $848.52M (55%)

Prior 7-Day Average $219.92M

Calls: $98.70M (45%)

Puts: $121.22M (55%)

Current vs Prior 7-Day Avg -64.96%

Calls: -49.00%

Puts: -77.95%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 11:00am) 0.73

Prior (09/18) 3.55

Current vs Prior -79.37%

Prior 7-Day Average 1.87

Current vs Prior 7-Day Avg -60.97%

Sentiment NEUTRAL

Open Interest

Detail

ℹ

Current (09/22 11:00am) 1,639,613

Calls: 627,942 (38%)

Puts: 1,011,671 (62%)

Prior (09/18) 2,177,498

Calls: 820,914 (38%)

Puts: 1,356,584 (62%)

Current vs Prior -24.70%

Prior 7-Day Total 13,694,850

Calls: 5,261,170 (38%)

Puts: 8,433,680 (62%)

Prior 7-Day Average 1,956,407

Calls: 751,595 (38%)

Puts: 1,204,811 (62%)

Current vs Prior 7-Day Avg -16.19%

Sentiment BULLISH

Expected Move

Detail

ℹ

0DTE3DTEWKMO Expiry (09/22) | Next (09/23)Expiry (09/23) | Next (09/25)Expiry (09/25) | Next (10/02)Expiry (10/16) | Next (11/20)

Current 0.91% | 1.70%1.70% | 2.66%2.66% | 4.60%7.31% | 12.20%

Prior 1.52% | 2.02%0.44% | 2.02%2.88% | 4.83%0.44% | 7.50%

Current vs Prior -40.35% | -15.87%+286.28% | +31.81%-7.70% | -4.73%+1563.69% | +62.54%

Prior 7-Day Avg 1.63% | 2.22%0.86% | 2.13%2.05% | 4.09%0.93% | 7.93%

Current vs 7-Day Avg -44.59% | -23.63%+97.11% | +24.76%+29.62% | +12.47%+686.58% | +53.91%

Prior 7-Day Eod 1.52% | 2.02%0.46% | 1.93%2.87% | 4.88%0.46% | 7.55%

Current vs 7-Day Eod -40.35% | -15.87%+265.42% | +37.77%-7.43% | -5.68%+1473.83% | +61.46%

Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 15.02% | 17.64%

Calls: 10.68% | 17.58%

Puts: 19.35% | 17.70%

Prior 26.53% | 19.54%

Calls: 26.97% | 20.90%

Puts: 26.09% | 18.18%

Current vs Prior -43.38% | -9.72%

Prior 7-Day Avg 42.86% | 33.61%

Calls: 50.49% | 45.89%

Puts: 35.23% | 21.34%

Current vs 7-Day Avg -64.96% | -47.52%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 65% call dollar volume ($50.34M). Elevated premium activity with dollar volume up 64% vs prior. P/C ratio dropping 79% - sentiment shifting bullish. Put-heavy open interest (1,011,671 puts vs 627,942 calls) suggests hedging or bearish positioning.

Smart Money BULLISH

Retail Flow BULLISH

Overall BULLISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BULLISH

Prior BULLISH

7-Day Avg BEARISH

Current BULLISH

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

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
11:00	BULLISH	BULLISH	BULLISH
10:00	BULLISH	BULLISH	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 529 of results (avg 6.2%, best 2.2%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$610.00	Oct 23	19.95	20.40	$20.17	2.2%	25	0.46	148
$555.00	Oct 16	52.35	53.60	$52.98	2.4%	3	0.81	2.0K
$615.00	Oct 23	17.85	18.30	$18.08	2.5%	39	0.42	123
$525.00	Oct 30	81.85	84.05	$82.95	2.7%	--	0.87	59
$540.00	Oct 23	66.70	68.50	$67.60	2.7%	--	0.85	20

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$580.00	Oct 23	14.10	14.45	$14.27	2.5%	19	0.34	36
$595.00	Oct 30	23.45	24.05	$23.75	2.5%	2	0.44	4
$592.50	Sep 25	3.85	3.95	$3.90	2.6%	60	0.33	160
$597.50	Sep 25	5.65	5.80	$5.73	2.6%	74	0.43	128
$675.00	Oct 16	74.70	76.80	$75.75	2.8%	--	0.90	10

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 73 found (avg $0.59, cheapest $0.27)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$607.50	Sep 22	0.25	0.28	$0.27	11.1%	222	0.10	319
$605.00	Sep 22	0.54	0.60	$0.57	10.5%	609	0.19	500
$620.00	Sep 23	0.32	0.38	$0.35	17.1%	58	0.06	298
$617.50	Sep 23	0.44	0.50	$0.47	12.8%	21	0.09	31
$622.50	Sep 23	0.25	0.30	$0.28	17.9%	44	0.05	490

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$592.50	Sep 22	0.23	0.27	$0.25	16.0%	620	0.09	125
$595.00	Sep 22	0.43	0.49	$0.46	13.0%	1.5K	0.16	155
$585.00	Sep 22	0.05	0.06	$0.06	16.7%	804	0.02	360
$597.50	Sep 22	0.87	0.95	$0.91	8.8%	521	0.28	29
$582.50	Sep 23	0.42	0.49	$0.45	15.6%	197	0.08	82

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 357 found (avg delta 0.82, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$490.00	Sep 22	108.55	111.90	$110.23	3.0%	5	1.00	10
$492.50	Sep 22	106.05	109.40	$107.73	3.1%	5	1.00	--
$497.50	Sep 22	101.05	104.05	$102.55	2.9%	1	1.00	--
$500.00	Sep 22	98.55	101.65	$100.10	3.1%	21	1.00	--
$502.50	Sep 22	96.05	99.40	$97.73	3.4%	1	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$637.50	Sep 22	35.85	38.95	$37.40	8.3%	2	0.99	--
$635.00	Sep 22	33.45	36.45	$34.95	8.6%	2	0.99	--
$645.00	Sep 22	43.50	46.40	$44.95	6.5%	1	0.99	--
$625.00	Sep 22	23.45	26.45	$24.95	12.0%	1	0.99	1
$670.00	Sep 22	68.35	71.45	$69.90	4.4%	5	0.99	--

Most actively traded options today. High liquidity = easy entry/exit. 792 active (total vol 51.5K, top 3.2K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$615.00	Oct 16	14.70	15.20	$14.95	3.3%	3.2K	0.41	15.6K
$610.00	Sep 22	0.13	0.16	$0.15	20.0%	2.4K	0.06	235
$630.00	Oct 16	9.70	10.10	$9.90	4.0%	1.2K	0.31	5.4K
$602.50	Sep 22	1.15	1.21	$1.18	5.1%	964	0.34	655
$620.00	Sep 25	1.59	1.76	$1.68	10.1%	924	0.17	814

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$595.00	Sep 22	0.43	0.49	$0.46	13.0%	1.5K	0.16	155
$600.00	Sep 22	1.66	1.84	$1.75	10.3%	1.1K	0.46	7
$585.00	Sep 22	0.05	0.06	$0.06	16.7%	804	0.02	360
$592.50	Sep 22	0.23	0.27	$0.25	16.0%	620	0.09	125
$590.00	Sep 22	0.13	0.16	$0.15	20.0%	581	0.05	1.3K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 9 strikes (avg 4.8%, max 9.1%)

CALLS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$595.00	Sep 22	Oct 30	37.5%	34.4%	9.1%	92	315
$602.50	Sep 22	Oct 5	34.2%	31.9%	7.2%	978	655
$597.50	Sep 22	Oct 30	35.7%	33.7%	5.9%	361	648
$600.00	Sep 22	Oct 30	34.6%	34.0%	1.7%	872	2.2K

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$595.00	Sep 22	Oct 30	37.5%	34.4%	9.1%	1.5K	159
$597.50	Sep 22	Oct 30	35.7%	33.7%	5.9%	523	30
$600.00	Sep 22	Oct 30	34.6%	34.0%	1.7%	1.1K	14
$602.50	Sep 22	Oct 2	34.2%	33.6%	1.7%	268	32
$605.00	Sep 22	Oct 16	34.9%	34.7%	0.6%	27	152

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 561 found (best R:R 0.50, avg 8.41)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$605.00	$610.00	Oct 30	$1.78	$3.22	$1.78	50%	1.81	$606.78
$577.50	$580.00	Sep 25	$1.58	$0.92	$1.58	88%	0.58	$579.08
$577.50	$580.00	Oct 9	$1.18	$1.32	$1.18	72%	1.12	$578.68
$640.00	$665.00	Sep 29	$0.47	$24.53	$0.47	8%	52.19	$640.47
$615.00	$620.00	Oct 6	$1.12	$3.88	$1.12	36%	3.46	$616.12

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$620.00	$600.00	Sep 28	$13.31	$6.69	$13.31	80%	0.50	$606.69
$550.00	$535.00	Oct 1	$0.39	$14.61	$0.39	8%	37.46	$549.61
$595.00	$590.00	Oct 30	$1.72	$3.28	$1.72	44%	1.91	$593.28
$597.50	$595.00	Oct 30	$0.75	$1.75	$0.75	46%	2.33	$596.75
$582.50	$577.50	Oct 30	$1.40	$3.60	$1.40	37%	2.57	$581.10

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 467 found (best R:R 0.43, avg 0.28)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$620.00	$645.00	Oct 1	$3.57	$3.57	$21.43	73%	0.17	$623.57
$610.00	$612.50	Oct 5	$1.27	$1.27	$1.23	60%	1.03	$611.27
$612.50	$615.00	Oct 5	$1.15	$1.15	$1.35	62%	0.85	$613.65
$635.00	$640.00	Sep 28	$0.49	$0.49	$4.51	91%	0.11	$635.49
$610.00	$620.00	Oct 1	$3.28	$3.28	$6.72	62%	0.49	$613.28

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$505.00	$500.00	Sep 23	$1.50	$1.50	$3.50	94%	0.43	$503.50
$600.00	$597.50	Oct 9	$2.09	$2.09	$0.41	51%	5.10	$597.91
$600.00	$590.00	Oct 1	$4.67	$4.67	$5.33	51%	0.88	$595.33
$600.00	$595.00	Oct 23	$2.66	$2.66	$2.34	52%	1.14	$597.34
$600.00	$597.50	Oct 30	$1.50	$1.50	$1.00	53%	1.50	$598.50

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $2.37, cheapest $2.21)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$600.00	Sep 22	Sep 23	$2.21	34.6%	31.3%
$602.50	Sep 22	Sep 23	$2.27	34.2%	32.2%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$600.00	Sep 22	Sep 23	$2.43	34.6%	31.3%
$602.50	Sep 22	Sep 23	$2.55	34.2%	32.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 261 found (cheapest 0.68% of stock, avg 6.13%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$600.00	Sep 22	$2.34	$1.75	$4.09	$595.91	$604.09	0.68%
$602.50	Sep 22	$1.18	$3.10	$4.28	$598.22	$606.78	0.71%
$597.50	Sep 22	$3.73	$0.91	$4.64	$592.86	$602.14	0.77%
$605.00	Sep 22	$0.57	$5.38	$5.95	$599.05	$610.95	0.99%
$595.00	Sep 22	$5.95	$0.46	$6.41	$588.59	$601.41	1.07%
$607.50	Sep 22	$0.27	$7.58	$7.85	$599.65	$615.35	1.31%
$592.50	Sep 22	$7.70	$0.25	$7.95	$584.55	$600.45	1.32%
$600.00	Sep 23	$4.55	$4.18	$8.73	$591.27	$608.73	1.45%
$597.50	Sep 23	$5.90	$3.08	$8.98	$588.52	$606.48	1.49%
$602.50	Sep 23	$3.45	$5.65	$9.10	$593.40	$611.60	1.51%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 360 found (cheapest 0.05% of stock, avg 3.01%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$610.00	$590.00	Sep 22	$0.15	$0.15	$0.30	$589.70	$610.30
$610.00	$592.50	Sep 22	$0.15	$0.25	$0.40	$592.10	$610.40
$607.50	$590.00	Sep 22	$0.27	$0.15	$0.42	$589.58	$607.92
$607.50	$592.50	Sep 22	$0.27	$0.25	$0.52	$591.98	$608.02
$610.00	$595.00	Sep 22	$0.15	$0.46	$0.61	$594.39	$610.61
$607.50	$595.00	Sep 22	$0.27	$0.46	$0.73	$594.27	$608.23
$605.00	$590.00	Sep 22	$0.57	$0.15	$0.72	$589.28	$605.72
$605.00	$592.50	Sep 22	$0.57	$0.25	$0.82	$591.68	$605.82
$605.00	$595.00	Sep 22	$0.57	$0.46	$1.03	$593.97	$606.03
$610.00	$597.50	Sep 22	$0.15	$0.91	$1.06	$596.44	$611.06

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 727 found (best R:R 0.48, avg credit $1.09)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
500/505	618/620	Sep 23	$1.62	$3.38	85%	0.48	$503.38	$619.12
500/505	615/618	Sep 23	$1.70	$3.30	83%	0.52	$503.30	$616.70
500/505	612/615	Sep 23	$1.75	$3.25	79%	0.54	$503.25	$614.25
500/505	610/612	Sep 23	$1.88	$3.12	74%	0.60	$503.12	$611.88
500/505	608/610	Sep 23	$2.02	$2.98	67%	0.68	$502.98	$609.52
500/505	605/608	Sep 23	$2.24	$2.76	60%	0.81	$502.76	$607.24
568/570	615/618	Sep 29	$1.28	$1.22	58%	1.05	$568.72	$616.28
530/535	635/640	Sep 28	$0.68	$4.32	88%	0.16	$534.32	$635.68
578/580	615/618	Sep 29	$1.34	$1.16	50%	1.16	$578.66	$616.34
555/558	615/618	Sep 29	$1.00	$1.50	63%	0.67	$556.50	$616.00

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 380 found (best R:R 40.67, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$597.50	$600.00	$602.50	Sep 22	$0.23	$2.27	37%	9.87
$610.00	$615.00	$620.00	Oct 9	$0.11	$4.89	8%	44.45
$485.00	$490.00	$495.00	Oct 16	$0.07	$4.93	6%	70.43
$602.50	$605.00	$607.50	Sep 23	$0.15	$2.35	16%	15.67
$595.00	$597.50	$600.00	Sep 23	$0.18	$2.32	17%	12.89

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$590.00	$595.00	$600.00	Sep 29	$0.12	$4.88	16%	40.67
$585.00	$590.00	$595.00	Oct 6	$0.05	$4.95	10%	99.00
$585.00	$590.00	$595.00	Sep 30	$0.21	$4.79	13%	22.81
$597.50	$600.00	$602.50	Sep 22	$0.51	$1.99	37%	3.90
$595.00	$597.50	$600.00	Sep 22	$0.39	$2.11	30%	5.41

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 518 found (best net $-0.42, 497 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$490.00	$545.00	1:2	Sep 23	-$0.42	$54.58
$582.50	$597.50	1:2	Sep 29	-$0.81	$14.19
$595.00	$610.00	1:2	Oct 1	-$1.43	$13.57
$620.00	$635.00	1:2	Oct 6	-$0.78	$14.22
$585.00	$592.50	1:2	Sep 24	-$4.17	$3.33

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$655.00	$620.00	1:2	Oct 30	-$11.64	$23.36
$600.00	$590.00	1:2	Oct 1	-$2.81	$7.19
$605.00	$602.50	1:2	Sep 22	-$0.82	$1.68
$615.00	$605.00	1:2	Sep 29	-$5.66	$4.34
$602.50	$600.00	1:2	Sep 22	-$0.40	$2.10

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 181 found (best yield 3.96%, avg 0.94%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$610.00	Oct 30	$23.80	0.47	1.6%	3.96%	5.51%	29	97
$615.00	Oct 30	$21.70	0.45	2.4%	3.61%	6.00%	22	131
$620.00	Oct 30	$19.65	0.42	3.2%	3.27%	6.49%	49	138
$605.00	Oct 30	$25.15	0.50	0.7%	4.19%	4.91%	36	81
$625.00	Oct 30	$17.75	0.39	4.0%	2.95%	7.00%	32	128
$630.00	Oct 30	$16.00	0.36	4.9%	2.66%	7.54%	23	83
$635.00	Oct 30	$14.40	0.34	5.7%	2.40%	8.11%	99	60
$640.00	Oct 30	$12.90	0.31	6.5%	2.15%	8.69%	2	44
$645.00	Oct 30	$11.60	0.29	7.4%	1.93%	9.31%	4	34
$610.00	Oct 23	$19.95	0.46	1.6%	3.32%	4.87%	25	148

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 42,967

Total Puts 31,425

Put/Call Ratio 0.73

Net Difference 11,542

Prior's Put/Call Breakdown

Total Calls 26,898

Total Puts 95,365

Put/Call Ratio 3.55

Net Difference -68,467

Prior 7-Day Put/Call Summary

Total Calls 698,104

Total Puts 1,183,308

Average Put/Call Ratio 1.87

Ratio Trend Falling

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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