SMH - Options Database

SMH

VanEck Semiconductor ETF

$602.40 +1.07%

(9/22 11:00) ◀

Tuesday, September 22, 2026 (12:00pm)

▶ (9/22 13:00)

◀ 9/22 12:00 ▶

Option Volume

Detail

ℹ

Current (09/22 12:00pm) 131,603

Calls: 52,964 (40%)

Puts: 78,639 (60%)

Prior (09/18) 158,165

Calls: 33,236 (21%)

Puts: 124,929 (79%)

Current vs Prior -16.79%

Calls: +59.36% (Calls)

Puts: -37.05% (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 -51.04%

Calls: -46.89%

Puts: -53.48%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/22 12:00pm) $96.56M

Calls: $64.34M (67%)

Puts: $32.22M (33%)

Prior (09/18) $64.50M

Calls: $32.63M (51%)

Puts: $31.88M (49%)

Current vs Prior +49.70%

Calls: +97.19%

Puts: +1.09%

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 -56.09%

Calls: -34.82%

Puts: -73.42%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 12:00pm) 1.48

Prior (09/18) 3.76

Current vs Prior -60.50%

Prior 7-Day Average 1.87

Current vs Prior 7-Day Avg -20.77%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/22 12:00pm) 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 0.75% | 1.54%1.54% | 2.47%2.47% | 4.39%7.18% | 12.00%

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

Current vs Prior -50.80% | -23.68%+250.43% | +22.22%-14.42% | -9.13%+1533.60% | +59.95%

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 -54.30% | -30.72%+78.82% | +15.68%+20.19% | +7.28%+672.35% | +51.46%

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 -50.80% | -23.68%+231.50% | +27.74%-14.17% | -10.03%+1445.36% | +58.88%

Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 11.06% | 9.10%

Calls: 11.22% | 9.52%

Puts: 10.90% | 8.68%

Prior 26.53% | 19.54%

Calls: 26.97% | 20.90%

Puts: 26.09% | 18.18%

Current vs Prior -58.31% | -53.43%

Prior 7-Day Avg 42.86% | 33.61%

Calls: 50.49% | 45.89%

Puts: 35.23% | 21.34%

Current vs 7-Day Avg -74.20% | -72.93%

Liquidity Expensive

Add Card

🤖 AI Insights

Moderately bullish flow with 67% call dollar volume ($64.34M). Bearish P/C ratio of 1.48 indicates protective positioning. P/C ratio dropping 60% - 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 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
12:00	BULLISH	BEARISH	BEARISH
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 582 of results (avg 5.8%, best 1.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$615.00	Oct 16	15.40	15.55	$15.48	1.0%	3.4K	0.42	15.6K
$605.00	Oct 16	19.80	20.00	$19.90	1.0%	42	0.50	2.6K
$610.00	Oct 16	17.30	17.65	$17.48	2.0%	379	0.46	4.3K
$600.00	Oct 16	22.15	22.60	$22.38	2.0%	1.2K	0.54	14.0K
$610.00	Oct 30	24.25	24.75	$24.50	2.0%	29	0.48	97

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$610.00	Oct 16	23.30	23.60	$23.45	1.3%	67	0.54	233
$577.50	Oct 30	15.55	15.90	$15.73	2.2%	1	0.34	10
$595.00	Oct 30	22.15	22.70	$22.42	2.5%	4	0.44	4
$597.50	Oct 30	23.40	24.00	$23.70	2.5%	2	0.45	1
$600.00	Oct 23	20.95	21.50	$21.23	2.6%	3	0.47	5

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 77 found (avg $0.55, cheapest $0.11)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$607.50	Sep 22	0.20	0.24	$0.22	18.2%	330	0.11	319
$605.00	Sep 22	0.54	0.62	$0.58	13.8%	814	0.25	500
$617.50	Sep 23	0.34	0.40	$0.37	16.2%	27	0.08	31
$620.00	Sep 23	0.24	0.29	$0.27	18.5%	65	0.06	298
$625.00	Sep 23	0.14	0.17	$0.16	18.8%	26	0.03	95

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$595.00	Sep 22	0.10	0.12	$0.11	18.2%	2.2K	0.06	155
$597.50	Sep 22	0.23	0.28	$0.26	19.2%	580	0.12	29
$600.00	Sep 22	0.59	0.67	$0.63	12.7%	1.3K	0.27	7
$585.00	Sep 23	0.34	0.39	$0.37	13.5%	123	0.07	103
$587.50	Sep 23	0.47	0.53	$0.50	12.0%	135	0.09	17

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 371 found (avg delta 0.82, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$490.00	Sep 22	110.10	113.20	$111.65	2.8%	5	1.00	10
$492.50	Sep 22	107.60	110.75	$109.18	2.9%	5	1.00	--
$497.50	Sep 22	102.60	106.10	$104.35	3.4%	1	1.00	--
$500.00	Sep 22	100.10	103.55	$101.82	3.4%	21	1.00	--
$502.50	Sep 22	97.60	100.90	$99.25	3.3%	1	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$637.50	Sep 22	33.65	37.40	$35.53	10.6%	2	0.99	--
$635.00	Sep 22	31.35	34.90	$33.13	10.7%	2	0.99	--
$645.00	Sep 22	41.70	44.90	$43.30	7.4%	1	0.99	--
$625.00	Sep 22	21.75	24.85	$23.30	13.3%	1	0.99	1
$620.00	Sep 22	16.10	19.85	$17.98	20.9%	4	0.99	--

Most actively traded options today. High liquidity = easy entry/exit. 862 active (total vol 66.2K, top 3.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$615.00	Oct 16	15.40	15.55	$15.48	1.0%	3.4K	0.42	15.6K
$610.00	Sep 22	0.08	0.11	$0.10	30.0%	2.5K	0.05	235
$600.00	Sep 25	7.85	8.40	$8.13	6.8%	1.7K	0.56	3.4K
$625.00	Sep 24	0.43	0.50	$0.47	14.9%	1.3K	0.07	47
$615.00	Sep 23	0.55	0.58	$0.56	5.4%	1.3K	0.11	301

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$595.00	Sep 22	0.10	0.12	$0.11	18.2%	2.2K	0.06	155
$600.00	Sep 22	0.59	0.67	$0.63	12.7%	1.3K	0.27	7
$585.00	Sep 22	0.01	0.04	$0.03	100.0%	837	0.01	360
$590.00	Sep 22	0.04	0.05	$0.05	20.0%	743	0.02	1.3K
$592.50	Sep 22	0.06	0.09	$0.08	37.5%	687	0.04	125

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. 542 found (best R:R 6.14, avg 8.33)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$562.50	$565.00	Oct 16	$1.33	$1.17	$1.33	79%	0.88	$563.83
$582.50	$585.00	Oct 16	$1.05	$1.45	$1.05	67%	1.38	$583.55
$640.00	$665.00	Sep 29	$0.47	$24.53	$0.47	8%	52.19	$640.47
$587.50	$590.00	Oct 30	$0.93	$1.57	$0.93	61%	1.69	$588.43
$590.00	$592.50	Oct 9	$1.02	$1.48	$1.02	63%	1.45	$591.02

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$585.00	$580.00	Oct 6	$0.70	$4.30	$0.70	31%	6.14	$584.30
$620.00	$600.00	Sep 28	$13.00	$7.00	$13.00	80%	0.54	$607.00
$600.00	$597.50	Sep 29	$0.60	$1.90	$0.60	46%	3.17	$599.40
$595.00	$590.00	Oct 5	$1.43	$3.57	$1.43	41%	2.50	$593.57
$565.00	$550.00	Oct 5	$1.22	$13.78	$1.22	16%	11.30	$563.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 452 found (best R:R 2.97, avg 0.28)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$620.00	$645.00	Oct 1	$3.76	$3.76	$21.24	72%	0.18	$623.76
$602.50	$605.00	Sep 28	$1.47	$1.47	$1.03	51%	1.43	$603.97
$605.00	$607.50	Sep 29	$1.37	$1.37	$1.13	55%	1.21	$606.37
$625.00	$630.00	Oct 23	$1.90	$1.90	$3.10	63%	0.61	$626.90
$640.00	$645.00	Sep 30	$0.50	$0.50	$4.50	90%	0.11	$640.50

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$507.50	$505.00	Sep 23	$1.87	$1.87	$0.63	94%	2.97	$505.63
$600.00	$595.00	Oct 5	$2.78	$2.78	$2.22	53%	1.25	$597.22
$590.00	$585.00	Oct 5	$1.92	$1.92	$3.08	64%	0.62	$588.08
$510.00	$500.00	Sep 28	$0.36	$0.36	$9.64	98%	0.04	$509.64
$587.50	$585.00	Sep 29	$0.90	$0.90	$1.60	72%	0.56	$586.60

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 3 found (avg debit $2.41, cheapest $2.44)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$602.50	Sep 22	Sep 23	$2.44	28.7%	28.8%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$602.50	Sep 22	Sep 23	$2.47	28.7%	28.8%
$630.00	Oct 16	Oct 23	$2.33	33.4%	33.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 275 found (cheapest 0.50% of stock, avg 6.20%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$602.50	Sep 22	$1.44	$1.56	$3.00	$599.50	$605.50	0.50%
$600.00	Sep 22	$2.94	$0.63	$3.57	$596.43	$603.57	0.59%
$605.00	Sep 22	$0.58	$3.45	$4.03	$600.97	$609.03	0.67%
$597.50	Sep 22	$5.20	$0.26	$5.46	$592.04	$602.96	0.91%
$607.50	Sep 22	$0.22	$6.03	$6.25	$601.25	$613.75	1.04%
$595.00	Sep 22	$7.50	$0.11	$7.61	$587.39	$602.61	1.26%
$602.50	Sep 23	$3.88	$4.03	$7.91	$594.59	$610.41	1.31%
$610.00	Sep 22	$0.10	$8.00	$8.10	$601.90	$618.10	1.34%
$600.00	Sep 23	$5.25	$2.91	$8.16	$591.84	$608.16	1.35%
$605.00	Sep 23	$2.76	$5.38	$8.14	$596.86	$613.14	1.35%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 349 found (cheapest 0.05% of stock, avg 2.99%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$607.50	$595.00	Sep 22	$0.22	$0.11	$0.33	$594.67	$607.83
$607.50	$597.50	Sep 22	$0.22	$0.26	$0.48	$597.02	$607.98
$605.00	$595.00	Sep 22	$0.58	$0.11	$0.69	$594.31	$605.69
$605.00	$597.50	Sep 22	$0.58	$0.26	$0.84	$596.66	$605.84
$607.50	$600.00	Sep 22	$0.22	$0.63	$0.85	$599.15	$608.35
$605.00	$600.00	Sep 22	$0.58	$0.63	$1.21	$598.79	$606.21
$612.50	$590.00	Sep 23	$0.82	$0.68	$1.50	$588.50	$614.00
$612.50	$592.50	Sep 23	$0.82	$1.00	$1.82	$590.68	$614.32
$610.00	$590.00	Sep 23	$1.29	$0.68	$1.97	$588.03	$611.97
$610.00	$592.50	Sep 23	$1.29	$1.00	$2.29	$590.21	$612.29

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 636 found (best R:R 14.62, avg credit $1.12)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
505/508	610/612	Sep 23	$2.34	$0.16	72%	14.62	$505.16	$612.34
505/508	615/618	Sep 23	$2.06	$0.44	83%	4.68	$505.44	$617.06
505/508	612/615	Sep 23	$2.13	$0.37	78%	5.76	$505.37	$614.63
520/522	618/620	Oct 2	$0.97	$1.53	64%	0.63	$521.53	$618.47
525/528	618/620	Oct 2	$0.97	$1.53	63%	0.63	$526.53	$618.47
520/522	625/628	Oct 2	$0.75	$1.75	72%	0.43	$521.75	$625.75
572/575	615/618	Sep 29	$1.15	$1.35	55%	0.85	$573.85	$616.15
525/528	625/628	Oct 2	$0.75	$1.75	71%	0.43	$526.75	$625.75
520/522	620/622	Oct 2	$0.86	$1.64	66%	0.52	$521.64	$620.86
520/522	622/625	Oct 2	$0.79	$1.71	69%	0.46	$521.71	$623.29

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 382 found (best R:R 14.15, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$615.00	$620.00	$625.00	Oct 5	$0.07	$4.93	10%	70.43
$600.00	$605.00	$610.00	Oct 16	$0.06	$4.94	8%	82.33
$600.00	$602.50	$605.00	Sep 22	$0.64	$1.86	48%	2.91
$635.00	$640.00	$645.00	Oct 2	$0.05	$4.95	6%	99.00
$635.00	$640.00	$645.00	Oct 9	$0.07	$4.93	6%	70.43

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$605.00	$610.00	$615.00	Sep 25	$0.33	$4.67	20%	14.15
$595.00	$597.50	$600.00	Sep 22	$0.22	$2.28	22%	10.36
$592.50	$595.00	$597.50	Sep 24	$0.10	$2.40	12%	24.00
$600.00	$605.00	$610.00	Oct 16	$0.14	$4.86	8%	34.71
$597.50	$600.00	$602.50	Sep 22	$0.56	$1.94	39%	3.46

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 547 found (best net $-1.61, 522 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$490.00	$545.00	1:2	Sep 23	-$1.61	$53.39
$582.50	$597.50	1:2	Sep 29	-$0.66	$14.34
$620.00	$635.00	1:2	Oct 6	-$0.88	$14.12
$610.00	$620.00	1:2	Sep 30	-$1.08	$8.92
$585.00	$592.50	1:2	Sep 24	-$4.68	$2.82

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$650.00	$625.00	1:2	Oct 2	-$5.79	$19.21
$615.00	$610.00	1:2	Sep 22	-$2.65	$2.35
$625.00	$615.00	1:2	Sep 25	-$6.98	$3.02
$615.00	$605.00	1:2	Sep 29	-$4.91	$5.09
$607.50	$605.00	1:2	Sep 22	-$0.87	$1.63

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 181 found (best yield 4.03%, avg 0.97%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$610.00	Oct 30	$24.25	0.48	1.3%	4.03%	5.29%	29	97
$615.00	Oct 30	$22.05	0.45	2.1%	3.66%	5.75%	62	131
$620.00	Oct 30	$20.00	0.42	2.9%	3.32%	6.24%	50	138
$605.00	Oct 30	$25.65	0.51	0.4%	4.26%	4.69%	36	81
$625.00	Oct 30	$18.10	0.39	3.8%	3.00%	6.76%	32	128
$630.00	Oct 30	$16.30	0.37	4.6%	2.71%	7.29%	25	83
$635.00	Oct 30	$14.65	0.34	5.4%	2.43%	7.84%	107	60
$640.00	Oct 30	$13.10	0.32	6.2%	2.17%	8.42%	3	44
$645.00	Oct 30	$11.70	0.29	7.1%	1.94%	9.01%	4	34
$610.00	Oct 23	$20.35	0.47	1.3%	3.38%	4.64%	92	148

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 52,964

Total Puts 78,639

Put/Call Ratio 1.48

Net Difference -25,675

Prior's Put/Call Breakdown

Total Calls 33,236

Total Puts 124,929

Put/Call Ratio 3.76

Net Difference -91,693

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
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