SMH - Options Database

SMH

VanEck Semiconductor ETF

$605.50 +1.59%

(9/22 14:01) ◀

Tuesday, September 22, 2026 (3:00pm)

▶ (9/22 15:11)

◀ 9/22 15:00 ▶

Option Volume

Detail

ℹ

Current (09/22 3:00pm) 210,037

Calls: 88,666 (42%)

Puts: 121,371 (58%)

Prior (09/18) 205,068

Calls: 53,479 (26%)

Puts: 151,589 (74%)

Current vs Prior +2.42%

Calls: +65.80% (Calls)

Puts: -19.93% (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 -21.85%

Calls: -11.09%

Puts: -28.20%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/22 3:00pm) $175.11M

Calls: $116.72M (67%)

Puts: $58.39M (33%)

Prior (09/18) $105.20M

Calls: $58.13M (55%)

Puts: $47.07M (45%)

Current vs Prior +66.46%

Calls: +100.78%

Puts: +24.06%

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 -20.37%

Calls: +18.26%

Puts: -51.83%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/22 3:00pm) 1.37

Prior (09/18) 2.83

Current vs Prior -51.71%

Prior 7-Day Average 1.87

Current vs Prior 7-Day Avg -26.95%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/22 3:00pm) 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 0.61% | 1.47%1.47% | 2.42%2.42% | 4.37%7.21% | 11.99%

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

Current vs Prior -59.97% | -27.18%+234.37% | +19.95%-16.00% | -9.69%+1539.88% | +59.77%

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 -62.82% | -33.90%+70.62% | +13.54%+17.96% | +6.61%+675.32% | +51.29%

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 -59.97% | -27.18%+216.31% | +25.37%-15.76% | -10.60%+1451.30% | +58.70%

Sentiment BULLISHBEARISHBULLISHBEARISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 37.45% | 15.41%

Calls: 12.96% | 12.82%

Puts: 61.95% | 18.00%

Prior 26.53% | 19.54%

Calls: 26.97% | 20.90%

Puts: 26.09% | 18.18%

Current vs Prior +41.16% | -21.14%

Prior 7-Day Avg 42.86% | 33.61%

Calls: 50.49% | 45.89%

Puts: 35.23% | 21.34%

Current vs 7-Day Avg -12.63% | -54.15%

Liquidity Expensive

Add Card

🤖 AI Insights

Moderately bullish flow with 67% call dollar volume ($116.72M). Elevated premium activity with dollar volume up 66% vs prior. Bearish P/C ratio of 1.37 indicates protective positioning. P/C ratio dropping 52% - sentiment shifting bullish.

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
15:00	BULLISH	BEARISH	BEARISH
14:00	BULLISH	BEARISH	BEARISH
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 615 of results (avg 5.8%, best 1.9%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$615.00	Oct 30	23.50	23.95	$23.73	1.9%	62	0.47	131
$620.00	Oct 23	17.55	17.90	$17.73	2.0%	92	0.42	63
$615.00	Oct 23	19.65	20.05	$19.85	2.0%	79	0.46	123
$625.00	Oct 30	19.30	19.70	$19.50	2.1%	50	0.41	128
$620.00	Oct 30	21.30	21.75	$21.53	2.1%	67	0.44	138

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$610.00	Oct 30	28.00	28.55	$28.28	1.9%	1	0.50	2
$605.00	Oct 30	25.50	26.05	$25.78	2.1%	5	0.48	--
$587.50	Oct 30	18.10	18.50	$18.30	2.2%	44	0.37	--
$675.00	Oct 16	69.90	71.80	$70.85	2.7%	12	0.89	10
$605.00	Oct 23	22.00	22.60	$22.30	2.7%	5	0.48	1

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 80 found (avg $0.53, cheapest $0.22)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$607.50	Sep 22	0.20	0.24	$0.22	18.2%	637	0.17	319
$627.50	Sep 23	0.12	0.14	$0.13	15.4%	23	0.03	--
$630.00	Sep 23	0.10	0.12	$0.11	18.2%	336	0.02	47
$620.00	Sep 23	0.33	0.38	$0.36	13.9%	134	0.08	298
$617.50	Sep 23	0.50	0.58	$0.54	14.8%	1.4K	0.11	31

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$585.00	Sep 23	0.21	0.23	$0.22	9.1%	168	0.04	103
$590.00	Sep 23	0.37	0.43	$0.40	15.0%	709	0.08	545
$592.50	Sep 23	0.51	0.60	$0.55	16.4%	270	0.11	13
$587.50	Sep 23	0.27	0.32	$0.30	16.7%	150	0.06	17
$582.50	Sep 23	0.16	0.19	$0.18	16.7%	218	0.03	82

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 404 found (avg delta 0.83, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$487.50	Sep 22	116.05	119.30	$117.68	2.8%	4	1.00	--
$490.00	Sep 22	113.55	116.70	$115.13	2.7%	9	1.00	10
$492.50	Sep 22	111.05	114.30	$112.68	2.9%	5	1.00	--
$495.00	Sep 22	108.40	111.50	$109.95	2.8%	20	1.00	--
$497.50	Sep 22	105.90	109.00	$107.45	2.9%	23	1.00	--

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$620.00	Sep 22	13.80	16.45	$15.13	17.5%	4	0.99	--
$625.00	Sep 22	18.80	21.15	$19.98	11.8%	88	0.99	1
$615.00	Sep 22	8.65	11.20	$9.93	25.7%	75	0.99	1
$617.50	Sep 22	10.95	14.20	$12.58	25.8%	2	0.98	--
$665.00	Sep 22	58.20	61.45	$59.83	5.4%	5	0.98	--

Most actively traded options today. High liquidity = easy entry/exit. 993 active (total vol 110.5K, top 4.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$630.00	Oct 16	10.95	11.25	$11.10	2.7%	4.1K	0.34	5.4K
$615.00	Oct 16	16.55	17.05	$16.80	3.0%	3.7K	0.44	15.6K
$610.00	Sep 22	0.03	0.06	$0.05	60.0%	2.8K	0.04	235
$600.00	Oct 16	23.65	24.80	$24.23	4.7%	2.1K	0.56	14.0K
$602.50	Sep 22	2.23	3.25	$2.74	37.2%	2.0K	0.91	655

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$600.00	Sep 22	0.03	0.05	$0.04	50.0%	2.5K	0.03	7
$600.00	Oct 16	16.85	17.50	$17.18	3.8%	2.3K	0.44	2.7K
$595.00	Sep 22	0.00	0.03	$0.02	150.0%	2.3K	0.01	155
$587.50	Oct 16	11.85	12.55	$12.20	5.7%	1.7K	0.35	313
$590.00	Oct 16	12.95	13.50	$13.23	4.2%	1.3K	0.36	1.4K

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 5.4%, max 5.4%)

CALLS (1)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$607.50	Sep 22	Oct 5	31.9%	30.3%	5.4%	670	319

PUTS (0)

No puts found

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 559 found (best R:R 1.78, avg 8.05)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$600.00	$605.00	Oct 30	$1.80	$3.20	$1.80	55%	1.78	$601.80
$567.50	$570.00	Oct 30	$0.95	$1.55	$0.95	73%	1.63	$568.45
$595.00	$600.00	Oct 6	$2.16	$2.84	$2.16	62%	1.31	$597.16
$577.50	$580.00	Sep 25	$1.60	$0.90	$1.60	93%	0.56	$579.10
$577.50	$580.00	Oct 2	$1.33	$1.17	$1.33	81%	0.88	$578.83

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	28%	6.14	$584.30
$615.00	$605.00	Sep 29	$5.33	$4.67	$5.33	66%	0.88	$609.67
$592.50	$590.00	Oct 30	$0.52	$1.98	$0.52	40%	3.81	$591.98
$600.00	$595.00	Oct 23	$1.68	$3.32	$1.68	44%	1.98	$598.32
$605.00	$600.00	Oct 1	$1.85	$3.15	$1.85	49%	1.70	$603.15

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 459 found (best R:R 0.22, avg 0.28)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$620.00	$645.00	Oct 1	$4.47	$4.47	$20.53	69%	0.22	$624.47
$615.00	$620.00	Oct 6	$2.79	$2.79	$2.21	59%	1.26	$617.79
$610.00	$612.50	Sep 29	$1.55	$1.55	$0.95	58%	1.63	$611.55
$720.00	$725.00	Oct 23	$0.53	$0.53	$4.47	95%	0.12	$720.53
$620.00	$625.00	Sep 28	$1.17	$1.17	$3.83	75%	0.31	$621.17

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$522.50	$520.00	Sep 23	$0.74	$0.74	$1.76	96%	0.42	$521.76
$507.50	$505.00	Sep 23	$0.70	$0.70	$1.80	94%	0.39	$506.80
$565.00	$562.50	Oct 30	$1.17	$1.17	$1.33	74%	0.88	$563.83
$562.50	$560.00	Oct 1	$0.75	$0.75	$1.75	89%	0.43	$561.75
$567.50	$565.00	Oct 1	$0.75	$0.75	$1.75	87%	0.43	$566.75

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $2.83, cheapest $2.82)

CALLS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$605.00	Sep 22	Sep 23	$2.82	29.9%	28.4%

PUTS (1)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$605.00	Sep 22	Sep 23	$2.85	29.9%	28.4%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 304 found (cheapest 0.29% of stock, avg 6.25%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$605.00	Sep 22	$1.08	$0.70	$1.78	$603.22	$606.78	0.29%
$602.50	Sep 22	$2.74	$0.13	$2.87	$599.63	$605.37	0.47%
$607.50	Sep 22	$0.22	$2.60	$2.82	$604.68	$610.32	0.47%
$610.00	Sep 22	$0.05	$5.18	$5.23	$604.77	$615.23	0.86%
$600.00	Sep 22	$5.30	$0.04	$5.34	$594.66	$605.34	0.88%
$597.50	Sep 22	$7.15	$0.03	$7.18	$590.32	$604.68	1.19%
$605.00	Sep 23	$3.90	$3.55	$7.45	$597.55	$612.45	1.23%
$602.50	Sep 23	$5.33	$2.55	$7.88	$594.62	$610.38	1.30%
$610.00	Sep 23	$1.89	$6.65	$8.54	$601.46	$618.54	1.41%
$600.00	Sep 23	$6.93	$1.75	$8.68	$591.32	$608.68	1.43%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 347 found (cheapest 0.06% of stock, avg 3.02%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$607.50	$602.50	Sep 22	$0.22	$0.13	$0.35	$602.15	$607.85
$607.50	$605.00	Sep 22	$0.22	$0.70	$0.92	$604.08	$608.42
$617.50	$595.00	Sep 23	$0.54	$0.81	$1.35	$593.65	$618.85
$615.00	$595.00	Sep 23	$0.83	$0.81	$1.64	$593.36	$616.64
$617.50	$597.50	Sep 23	$0.54	$1.18	$1.72	$595.78	$619.22
$615.00	$597.50	Sep 23	$0.83	$1.18	$2.01	$595.49	$617.01
$612.50	$595.00	Sep 23	$1.25	$0.81	$2.06	$592.94	$614.56
$612.50	$597.50	Sep 23	$1.25	$1.18	$2.43	$595.07	$614.93
$617.50	$600.00	Sep 23	$0.54	$1.75	$2.29	$597.71	$619.79
$615.00	$600.00	Sep 23	$0.83	$1.75	$2.58	$597.42	$617.58

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 716 found (best R:R 0.52, avg credit $1.15)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
520/522	620/622	Sep 23	$0.86	$1.64	89%	0.52	$521.64	$620.86
520/522	618/620	Sep 23	$0.92	$1.58	85%	0.58	$521.58	$618.42
520/522	615/618	Sep 23	$1.03	$1.47	80%	0.70	$521.47	$616.03
520/522	610/612	Sep 23	$1.38	$1.12	65%	1.23	$521.12	$611.38
520/522	612/615	Sep 23	$1.16	$1.34	74%	0.87	$521.34	$613.66
505/508	620/622	Sep 23	$0.82	$1.68	86%	0.49	$506.68	$620.82
505/508	618/620	Sep 23	$0.88	$1.62	83%	0.54	$506.62	$618.38
505/508	615/618	Sep 23	$0.99	$1.51	78%	0.66	$506.51	$615.99
505/508	610/612	Sep 23	$1.34	$1.16	63%	1.16	$506.16	$611.34
505/508	612/615	Sep 23	$1.12	$1.38	71%	0.81	$506.38	$613.62

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 411 found (best R:R 2.12, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$602.50	$605.00	$607.50	Sep 22	$0.80	$1.70	73%	2.12
$620.00	$625.00	$630.00	Sep 30	$0.06	$4.94	12%	82.33
$605.00	$607.50	$610.00	Sep 22	$0.69	$1.81	52%	2.62
$605.00	$610.00	$615.00	Oct 9	$0.13	$4.87	9%	37.46
$600.00	$602.50	$605.00	Sep 23	$0.17	$2.33	20%	13.71

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$585.00	$590.00	$595.00	Oct 1	$0.11	$4.89	12%	44.45
$595.00	$600.00	$605.00	Sep 28	$0.29	$4.71	18%	16.24
$605.00	$607.50	$610.00	Sep 22	$0.68	$1.82	52%	2.68
$605.00	$610.00	$615.00	Oct 9	$0.10	$4.90	9%	49.00
$600.00	$602.50	$605.00	Sep 22	$0.48	$2.02	41%	4.21

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 586 found (best net $-5.30, 552 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$490.00	$545.00	1:2	Sep 23	-$5.30	$49.70
$600.00	$615.00	1:2	Oct 6	-$3.02	$11.98
$600.00	$602.50	1:2	Sep 22	-$0.18	$2.32
$617.50	$625.00	1:2	Sep 29	-$0.64	$6.86
$660.00	$690.00	1:2	Oct 1	-$0.11	$29.89

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$650.00	$625.00	1:2	Oct 2	-$3.70	$21.30
$615.00	$610.00	1:2	Sep 22	-$0.43	$4.57
$625.00	$615.00	1:2	Sep 25	-$4.58	$5.42
$610.00	$605.00	1:2	Sep 23	-$0.45	$4.55
$610.00	$607.50	1:2	Sep 22	-$0.02	$2.48

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 170 found (best yield 3.88%, avg 0.93%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$615.00	Oct 30	$23.50	0.47	1.6%	3.88%	5.45%	62	131
$610.00	Oct 30	$25.45	0.50	0.7%	4.20%	4.95%	46	97
$620.00	Oct 30	$21.30	0.44	2.4%	3.52%	5.91%	67	138
$625.00	Oct 30	$19.30	0.41	3.2%	3.19%	6.41%	50	128
$630.00	Oct 30	$17.45	0.39	4.0%	2.88%	6.93%	53	83
$635.00	Oct 30	$15.70	0.36	4.9%	2.59%	7.46%	109	60
$640.00	Oct 30	$14.10	0.33	5.7%	2.33%	8.03%	7	44
$645.00	Oct 30	$12.65	0.31	6.5%	2.09%	8.61%	14	34
$615.00	Oct 23	$19.65	0.46	1.6%	3.25%	4.81%	79	123
$610.00	Oct 23	$21.75	0.49	0.7%	3.59%	4.34%	105	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 88,666

Total Puts 121,371

Put/Call Ratio 1.37

Net Difference -32,705

Prior's Put/Call Breakdown

Total Calls 53,479

Total Puts 151,589

Put/Call Ratio 2.83

Net Difference -98,110

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