SMH - Options Database

SMH

VanEck Semiconductor ETF

$603.97 +1.33%

(9/22 12:00) ◀

Tuesday, September 22, 2026 (1:00pm)

▶ (9/22 14:01)

◀ 9/22 13:00 ▶

Option Volume

Detail

ℹ

Current (09/22 1:00pm) 148,642

Calls: 61,220 (41%)

Puts: 87,422 (59%)

Prior (09/18) 177,028

Calls: 42,048 (24%)

Puts: 134,980 (76%)

Current vs Prior -16.03%

Calls: +45.60% (Calls)

Puts: -35.23% (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 -44.70%

Calls: -38.61%

Puts: -48.28%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/22 1:00pm) $112.60M

Calls: $76.02M (68%)

Puts: $36.59M (32%)

Prior (09/18) $77.58M

Calls: $39.68M (51%)

Puts: $37.90M (49%)

Current vs Prior +45.14%

Calls: +91.57%

Puts: -3.46%

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 -48.80%

Calls: -22.98%

Puts: -69.82%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 1:00pm) 1.43

Prior (09/18) 3.21

Current vs Prior -55.52%

Prior 7-Day Average 1.87

Current vs Prior 7-Day Avg -23.80%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/22 1:00pm) 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 0.66% | 1.49%1.49% | 2.40%2.40% | 4.29%7.12% | 12.01%

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

Current vs Prior -56.49% | -26.33%+238.22% | +18.95%-16.71% | -11.18%+1518.79% | +60.02%

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 -59.58% | -33.13%+72.58% | +12.59%+16.98% | +4.86%+665.35% | +51.53%

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 -56.49% | -26.33%+219.95% | +24.32%-16.46% | -12.06%+1431.35% | +58.95%

Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 19.20% | 13.93%

Calls: 20.18% | 13.19%

Puts: 18.23% | 14.67%

Prior 26.53% | 19.54%

Calls: 26.97% | 20.90%

Puts: 26.09% | 18.18%

Current vs Prior -27.63% | -28.71%

Prior 7-Day Avg 42.86% | 33.61%

Calls: 50.49% | 45.89%

Puts: 35.23% | 21.34%

Current vs 7-Day Avg -55.21% | -58.56%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 68% call dollar volume ($76.02M). Bearish P/C ratio of 1.43 indicates protective positioning. P/C ratio dropping 56% - 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
13:00	BULLISH	BEARISH	BEARISH
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 579 of results (avg 5.7%, best 1.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$615.00	Oct 16	15.95	16.25	$16.10	1.9%	3.6K	0.43	15.6K
$640.00	Oct 16	7.95	8.10	$8.03	1.9%	88	0.27	2.3K
$610.00	Oct 23	21.25	21.70	$21.48	2.1%	93	0.48	148
$595.00	Oct 16	25.70	26.25	$25.98	2.1%	42	0.59	1.0K
$610.00	Oct 16	18.00	18.40	$18.20	2.2%	520	0.47	4.3K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$595.00	Oct 30	21.45	21.90	$21.67	2.1%	4	0.42	4
$597.50	Oct 2	9.20	9.40	$9.30	2.2%	41	0.41	43
$597.50	Oct 30	22.50	23.00	$22.75	2.2%	2	0.44	1
$600.00	Oct 16	17.45	17.85	$17.65	2.3%	171	0.45	2.7K
$600.00	Oct 30	23.60	24.15	$23.88	2.3%	61	0.45	7

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 70 found (avg $0.56, cheapest $0.26)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$607.50	Sep 22	0.25	0.27	$0.26	7.7%	374	0.15	319
$605.00	Sep 22	0.76	0.80	$0.78	5.1%	1.0K	0.37	500
$620.00	Sep 23	0.28	0.34	$0.31	19.4%	96	0.07	298
$617.50	Sep 23	0.42	0.49	$0.45	15.6%	1.4K	0.10	31
$615.00	Sep 23	0.63	0.73	$0.68	14.7%	1.3K	0.14	301

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$587.50	Sep 23	0.34	0.38	$0.36	11.1%	147	0.07	17
$590.00	Sep 23	0.47	0.52	$0.50	10.0%	408	0.10	545
$585.00	Sep 23	0.26	0.29	$0.28	10.7%	135	0.05	103
$592.50	Sep 23	0.66	0.75	$0.71	12.7%	204	0.13	13
$580.00	Sep 23	0.16	0.19	$0.18	16.7%	83	0.03	882

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 385 found (avg delta 0.83, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$490.00	Sep 22	111.95	114.90	$113.43	2.6%	5	1.00	10
$492.50	Sep 22	109.45	113.20	$111.33	3.4%	5	1.00	--
$495.00	Sep 22	106.95	109.90	$108.43	2.7%	16	1.00	--
$497.50	Sep 22	104.45	107.40	$105.93	2.8%	17	1.00	--
$500.00	Sep 22	101.95	104.90	$103.43	2.9%	26	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$620.00	Sep 22	15.30	18.05	$16.68	16.5%	4	0.99	--
$637.50	Sep 22	32.65	35.55	$34.10	8.5%	2	0.99	--
$635.00	Sep 22	30.10	33.05	$31.58	9.3%	2	0.99	--
$625.00	Sep 22	20.15	23.05	$21.60	13.4%	1	0.99	1
$645.00	Sep 22	39.55	43.05	$41.30	8.5%	1	0.99	--

Most actively traded options today. High liquidity = easy entry/exit. 908 active (total vol 77.6K, top 3.6K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$615.00	Oct 16	15.95	16.25	$16.10	1.9%	3.6K	0.43	15.6K
$610.00	Sep 22	0.07	0.10	$0.09	33.3%	2.6K	0.05	235
$602.50	Sep 22	1.96	2.40	$2.18	20.2%	1.8K	0.68	655
$600.00	Sep 25	8.20	9.30	$8.75	12.6%	1.7K	0.60	3.4K
$617.50	Sep 23	0.42	0.49	$0.45	15.6%	1.4K	0.10	31

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$595.00	Sep 22	0.02	0.06	$0.04	100.0%	2.2K	0.02	155
$600.00	Sep 22	0.16	0.24	$0.20	40.0%	2.1K	0.12	7
$585.00	Sep 22	0.01	0.03	$0.02	100.0%	845	0.01	360
$587.50	Oct 2	5.85	6.15	$6.00	5.0%	843	0.29	28
$590.00	Sep 22	0.01	0.03	$0.02	100.0%	794	0.01	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. -- 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. 535 found (best R:R 9.20, avg 8.46)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$582.50	$585.00	Sep 25	$1.45	$1.05	$1.45	88%	0.72	$583.95
$577.50	$580.00	Sep 25	$1.60	$0.90	$1.60	92%	0.56	$579.10
$640.00	$665.00	Sep 29	$0.38	$24.62	$0.38	8%	64.79	$640.38
$552.50	$555.00	Oct 23	$1.43	$1.07	$1.43	82%	0.75	$553.93
$607.50	$610.00	Sep 29	$0.43	$2.07	$0.43	43%	4.81	$607.93

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$575.00	$560.00	Oct 6	$1.47	$13.53	$1.47	22%	9.20	$573.53
$595.00	$590.00	Oct 5	$1.13	$3.87	$1.13	39%	3.42	$593.87
$600.00	$597.50	Sep 29	$0.40	$2.10	$0.40	44%	5.25	$599.60
$575.00	$570.00	Oct 5	$0.46	$4.54	$0.46	20%	9.87	$574.54
$620.00	$605.00	Sep 28	$9.98	$5.02	$9.98	78%	0.50	$610.02

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 447 found (best R:R 1.02, avg 0.28)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$620.00	$645.00	Oct 1	$3.83	$3.83	$21.17	71%	0.18	$623.83
$605.00	$607.50	Oct 5	$1.70	$1.70	$0.80	51%	2.13	$606.70
$615.00	$620.00	Oct 6	$2.15	$2.15	$2.85	61%	0.75	$617.15
$605.00	$607.50	Sep 29	$1.50	$1.50	$1.00	52%	1.50	$606.50
$610.00	$615.00	Sep 29	$2.04	$2.04	$2.96	60%	0.69	$612.04

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$507.50	$505.00	Sep 23	$1.26	$1.26	$1.24	94%	1.02	$506.24
$590.00	$585.00	Oct 5	$2.09	$2.09	$2.91	66%	0.72	$587.91
$600.00	$595.00	Oct 5	$2.60	$2.60	$2.40	55%	1.08	$597.40
$580.00	$575.00	Oct 6	$1.47	$1.47	$3.53	74%	0.42	$578.53
$525.00	$520.00	Oct 1	$0.42	$0.42	$4.58	96%	0.09	$524.58

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $2.47, cheapest $2.32)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$602.50	Sep 22	Sep 23	$2.37	26.7%	28.1%
$605.00	Sep 22	Sep 23	$2.55	26.4%	28.9%

PUTS (3)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$630.00	Oct 16	Oct 23	$2.32	33.5%	34.1%
$602.50	Sep 22	Sep 23	$2.51	26.7%	28.1%
$605.00	Sep 22	Sep 23	$2.62	26.4%	28.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 281 found (cheapest 0.43% of stock, avg 6.20%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$605.00	Sep 22	$0.78	$1.81	$2.59	$602.41	$607.59	0.43%
$602.50	Sep 22	$2.18	$0.64	$2.82	$599.68	$605.32	0.47%
$600.00	Sep 22	$3.80	$0.20	$4.00	$596.00	$604.00	0.66%
$607.50	Sep 22	$0.26	$4.55	$4.81	$602.69	$612.31	0.80%
$597.50	Sep 22	$6.05	$0.07	$6.12	$591.38	$603.62	1.01%
$610.00	Sep 22	$0.09	$6.38	$6.47	$603.53	$616.47	1.07%
$602.50	Sep 23	$4.55	$3.15	$7.70	$594.80	$610.20	1.27%
$605.00	Sep 23	$3.33	$4.43	$7.76	$597.24	$612.76	1.28%
$600.00	Sep 23	$6.03	$2.18	$8.21	$591.79	$608.21	1.36%
$595.00	Sep 22	$8.65	$0.04	$8.69	$586.31	$603.69	1.44%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 351 found (cheapest 0.05% of stock, avg 2.92%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$610.00	$600.00	Sep 22	$0.09	$0.20	$0.29	$599.71	$610.29
$607.50	$600.00	Sep 22	$0.26	$0.20	$0.46	$599.54	$607.96
$610.00	$602.50	Sep 22	$0.09	$0.64	$0.73	$601.77	$610.73
$607.50	$602.50	Sep 22	$0.26	$0.64	$0.90	$601.60	$608.40
$605.00	$600.00	Sep 22	$0.78	$0.20	$0.98	$599.02	$605.98
$615.00	$592.50	Sep 23	$0.68	$0.71	$1.39	$591.11	$616.39
$605.00	$602.50	Sep 22	$0.78	$0.64	$1.42	$601.08	$606.42
$615.00	$595.00	Sep 23	$0.68	$1.02	$1.70	$593.30	$616.70
$612.50	$592.50	Sep 23	$1.06	$0.71	$1.77	$590.73	$614.27
$612.50	$595.00	Sep 23	$1.06	$1.02	$2.08	$592.92	$614.58

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 652 found (best R:R 1.27, avg credit $1.10)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
505/508	618/620	Sep 23	$1.40	$1.10	84%	1.27	$506.10	$618.90
505/508	612/615	Sep 23	$1.64	$0.86	74%	1.91	$505.86	$614.14
505/508	615/618	Sep 23	$1.49	$1.01	80%	1.48	$506.01	$616.49
505/508	610/612	Sep 23	$1.77	$0.73	67%	2.42	$505.73	$611.77
585/590	625/630	Oct 5	$3.52	$1.48	38%	2.38	$586.48	$628.52
585/590	635/640	Oct 5	$2.92	$2.08	46%	1.40	$587.08	$637.92
538/540	615/618	Sep 29	$1.01	$1.49	65%	0.68	$538.99	$616.01
520/525	645/650	Oct 1	$0.78	$4.22	86%	0.18	$524.22	$645.78
545/550	620/625	Sep 28	$1.40	$3.60	74%	0.39	$548.60	$621.40
515/518	618/620	Oct 2	$0.99	$1.51	63%	0.66	$516.51	$618.49

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 397 found (best R:R 10.36, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$600.00	$602.50	$605.00	Sep 22	$0.22	$2.28	51%	10.36
$625.00	$630.00	$635.00	Sep 30	$0.07	$4.93	8%	70.43
$585.00	$590.00	$595.00	Oct 5	$0.14	$4.86	11%	34.71
$605.00	$610.00	$615.00	Oct 9	$0.10	$4.90	9%	49.00
$595.00	$597.50	$600.00	Sep 23	$0.07	$2.43	16%	34.71

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$590.00	$595.00	$600.00	Oct 1	$0.12	$4.88	13%	40.67
$595.00	$600.00	$605.00	Sep 28	$0.33	$4.67	19%	14.15
$595.00	$600.00	$605.00	Oct 16	$0.08	$4.92	8%	61.50
$600.00	$602.50	$605.00	Sep 22	$0.73	$1.77	51%	2.42
$597.50	$600.00	$602.50	Sep 22	$0.31	$2.19	27%	7.06

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 557 found (best net $-3.46, 527 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$490.00	$545.00	1:2	Sep 23	-$3.46	$51.54
$595.00	$615.00	1:2	Oct 6	-$0.57	$19.43
$585.00	$597.50	1:2	Sep 29	-$3.62	$8.88
$610.00	$620.00	1:2	Sep 30	-$1.03	$8.97
$600.00	$602.50	1:2	Sep 22	-$0.56	$1.94

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$650.00	$625.00	1:2	Oct 2	-$5.12	$19.88
$615.00	$610.00	1:2	Sep 22	-$1.16	$3.84
$625.00	$615.00	1:2	Sep 25	-$5.60	$4.40
$615.00	$605.00	1:2	Sep 29	-$3.65	$6.35
$620.00	$600.00	1:2	Oct 23	-$8.36	$11.64

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 176 found (best yield 4.12%, avg 0.99%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$610.00	Oct 30	$24.90	0.49	1.0%	4.12%	5.12%	43	97
$615.00	Oct 30	$22.70	0.46	1.8%	3.76%	5.58%	62	131
$605.00	Oct 30	$27.10	0.52	0.2%	4.49%	4.66%	36	81
$620.00	Oct 30	$20.60	0.43	2.6%	3.41%	6.06%	50	138
$625.00	Oct 30	$18.60	0.41	3.5%	3.08%	6.56%	32	128
$630.00	Oct 30	$16.75	0.38	4.3%	2.77%	7.08%	25	83
$635.00	Oct 30	$15.05	0.35	5.1%	2.49%	7.63%	108	60
$640.00	Oct 30	$13.50	0.33	6.0%	2.24%	8.20%	4	44
$645.00	Oct 30	$12.10	0.30	6.8%	2.00%	8.80%	5	34
$610.00	Oct 23	$21.25	0.48	1.0%	3.52%	4.52%	93	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 61,220

Total Puts 87,422

Put/Call Ratio 1.43

Net Difference -26,202

Prior's Put/Call Breakdown

Total Calls 42,048

Total Puts 134,980

Put/Call Ratio 3.21

Net Difference -92,932

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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