SMH - Options Database

SMH

VanEck Semiconductor ETF

$530.60 +1.39%

(10/23 10:00) ◀

Friday, October 23, 2026 (11:00am)

▶ (10/23 12:00)

◀ 10/23 11:00 ▶

Option Volume

Detail

ℹ

Current (10/23 11:00am) 116,130

Calls: 42,531 (37%)

Puts: 73,599 (63%)

Prior (10/22) 145,718

Calls: 53,231 (37%)

Puts: 92,487 (63%)

Current vs Prior -20.30%

Calls: -20.10% (Calls)

Puts: -20.42% (Puts)

Prior 7-Day Total 2,334,628

Calls: 836,515 (36%)

Puts: 1,498,113 (64%)

Prior 7-Day Average 333,518

Calls: 119,502 (36%)

Puts: 214,016 (64%)

Current vs Prior 7-Day Avg -65.18%

Calls: -64.41%

Puts: -65.61%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (10/23 11:00am) $96.19M

Calls: $33.52M (35%)

Puts: $62.68M (65%)

Prior (10/22) $133.01M

Calls: $31.57M (24%)

Puts: $101.44M (76%)

Current vs Prior -27.68%

Calls: +6.15%

Puts: -38.21%

Prior 7-Day Total $2.29B

Calls: $554.65M (24%)

Puts: $1.74B (76%)

Prior 7-Day Average $327.15M

Calls: $79.24M (24%)

Puts: $247.91M (76%)

Current vs Prior 7-Day Avg -70.60%

Calls: -57.70%

Puts: -74.72%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (10/23 11:00am) 1.73

Prior (10/22) 1.74

Current vs Prior -0.40%

Prior 7-Day Average 1.87

Current vs Prior 7-Day Avg -7.27%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (10/23 11:00am) 2,078,894

Calls: 813,998 (39%)

Puts: 1,264,896 (61%)

Prior (10/22) 1,972,889

Calls: 751,210 (38%)

Puts: 1,221,679 (62%)

Current vs Prior +5.37%

Prior 7-Day Total 12,937,134

Calls: 4,527,174 (35%)

Puts: 8,409,960 (65%)

Prior 7-Day Average 1,848,162

Calls: 646,739 (35%)

Puts: 1,201,422 (65%)

Current vs Prior 7-Day Avg +12.48%

Sentiment BULLISH

Expected Move

Detail

ℹ

3DTEWKMO Expiry (10/23) | Next (10/26)Expiry (10/23) | Next (10/30)Expiry (11/20) | Next (12/18)

Current 1.28% | 2.64%1.28% | 5.01%9.18% | 12.51%

Prior 2.68% | 3.68%2.68% | 6.06%10.21% | 13.00%

Current vs Prior -52.12% | -28.38%-52.12% | -17.31%-10.04% | -3.76%

Prior 7-Day Avg 2.66% | 3.42%3.09% | 5.38%5.01% | 10.64%

Current vs 7-Day Avg -51.81% | -22.94%-58.48% | -6.84%+83.15% | +17.52%

Prior 7-Day Eod 2.68% | 3.68%2.68% | 6.03%10.21% | 13.04%

Current vs 7-Day Eod -52.12% | -28.38%-52.12% | -16.92%-10.04% | -4.07%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 14.22% | 15.70%

Calls: 12.22% | 18.44%

Puts: 16.22% | 12.95%

Prior 26.23% | 24.18%

Calls: 23.24% | 19.94%

Puts: 29.23% | 28.42%

Current vs Prior -45.79% | -35.07%

Prior 7-Day Avg 21.32% | 22.89%

Calls: 23.12% | 19.63%

Puts: 19.52% | 26.16%

Current vs 7-Day Avg -33.30% | -31.42%

Liquidity Expensive

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🤖 AI Insights

Moderately bearish flow with 65% put dollar volume ($62.68M). Extreme bearish P/C ratio of 1.73 - heavy put buying. Put-heavy open interest (1,264,896 puts vs 813,998 calls) suggests hedging or bearish positioning.

Smart Money BEARISH

Retail Flow BEARISH

Overall BEARISH

Dollar Volume

Option Volume

Put/Call Ratio

Open Interest

Expected Move

Current BEARISH

Prior BEARISH

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 BEARISH

Prior BULLISH

7-Day Avg BULLISH

Sentiment Timeline (Today)

Time	Smart Money	Retail	Overall
11:00	BEARISH	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 517 of results (avg 6.0%, best 2.0%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$515.00	Nov 20	33.35	34.20	$33.78	2.5%	10	0.63	101
$542.50	Nov 13	15.50	15.90	$15.70	2.5%	11	0.43	11
$547.50	Nov 13	13.45	13.80	$13.63	2.6%	95	0.40	44
$535.00	Nov 13	18.90	19.40	$19.15	2.6%	22	0.49	39
$540.00	Nov 13	16.60	17.05	$16.83	2.7%	12	0.45	106

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$625.00	Nov 20	94.30	96.20	$95.25	2.0%	1	0.93	195
$535.00	Nov 27	26.20	26.90	$26.55	2.6%	4	0.50	112
$532.50	Nov 20	23.50	24.15	$23.83	2.7%	54	0.49	113
$535.00	Nov 20	24.65	25.35	$25.00	2.8%	13	0.50	3.0K
$525.00	Nov 13	17.25	17.80	$17.52	3.1%	27	0.43	157

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 37 found (avg $0.74, cheapest $0.78)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$555.00	Oct 26	0.45	0.54	$0.50	18.0%	27	0.07	122
$552.50	Oct 26	0.60	0.69	$0.65	13.8%	65	0.09	142
$550.00	Oct 26	0.80	0.91	$0.86	12.8%	228	0.12	590
$572.50	Oct 28	0.52	0.63	$0.57	19.3%	8	0.06	151
$567.50	Oct 28	0.76	0.87	$0.82	13.4%	96	0.08	215

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$525.00	Oct 23	0.71	0.85	$0.78	17.9%	933	0.19	2.3K
$502.50	Oct 26	0.51	0.61	$0.56	17.9%	19	0.06	24
$505.00	Oct 26	0.64	0.75	$0.70	15.7%	510	0.08	371
$507.50	Oct 26	0.81	0.94	$0.88	14.8%	216	0.10	515
$482.50	Oct 28	0.64	0.76	$0.70	17.1%	36	0.05	126

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 349 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$470.00	Oct 26	59.50	63.00	$61.25	5.7%	1	1.00	1
$450.00	Oct 23	79.60	82.90	$81.25	4.1%	--	1.00	13
$475.00	Oct 23	54.30	57.95	$56.13	6.5%	12	1.00	31
$480.00	Oct 23	48.75	52.90	$50.83	8.2%	--	1.00	14
$500.00	Oct 23	29.65	32.45	$31.05	9.0%	11	0.99	16

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$550.00	Oct 23	17.10	20.40	$18.75	17.6%	21	1.00	2.8K
$552.50	Oct 23	19.60	23.25	$21.43	17.0%	--	1.00	690
$555.00	Oct 23	22.05	25.80	$23.93	15.7%	2	1.00	291
$557.50	Oct 23	24.55	27.95	$26.25	13.0%	2	1.00	273
$560.00	Oct 23	27.05	30.55	$28.80	12.2%	6	1.00	6.9K

Most actively traded options today. High liquidity = easy entry/exit. 743 active (total vol 94.8K, top 8.8K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$535.00	Oct 23	1.03	1.18	$1.11	13.5%	3.0K	0.28	995
$560.00	Oct 26	0.25	0.36	$0.31	35.5%	1.5K	0.05	799
$537.50	Oct 23	0.55	0.68	$0.62	21.0%	1.5K	0.18	436
$585.00	Nov 20	5.85	6.25	$6.05	6.6%	1.4K	0.20	1.8K
$570.00	Oct 26	0.10	0.15	$0.13	38.5%	1.0K	0.02	2.2K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$485.00	Oct 28	0.73	0.87	$0.80	17.5%	8.8K	0.06	9.2K
$510.00	Oct 28	3.15	3.45	$3.30	9.1%	8.8K	0.21	685
$515.00	Nov 20	16.10	16.75	$16.43	4.0%	5.2K	0.37	3.4K
$550.00	Oct 30	22.65	24.60	$23.63	8.3%	5.2K	0.72	7.6K
$465.00	Nov 20	4.70	5.10	$4.90	8.2%	5.1K	0.14	1.2K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 13 strikes (avg 32.9%, max 41.9%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$525.00	Oct 23	Dec 4	53.2%	37.6%	41.3%	333	186
$532.50	Oct 23	Dec 4	51.5%	36.9%	39.6%	761	647
$530.00	Oct 23	Dec 4	51.2%	37.1%	37.8%	735	1.5K
$537.50	Oct 23	Nov 27	53.2%	39.2%	35.8%	1.5K	443
$527.50	Oct 23	Nov 20	51.2%	39.2%	30.6%	401	450

PUTS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$525.00	Oct 23	Nov 27	53.2%	37.5%	41.9%	934	2.5K
$530.00	Oct 23	Dec 4	51.2%	37.1%	37.8%	256	15.7K
$532.50	Oct 23	Nov 27	51.5%	37.4%	37.7%	160	559
$537.50	Oct 23	Nov 27	53.2%	39.2%	35.8%	5	1.6K
$527.50	Oct 23	Nov 20	51.2%	39.2%	30.6%	276	1.1K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 517 found (best R:R 2.25, avg 5.59)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$532.50	$535.00	Nov 20	$0.70	$1.80	$0.70	51%	2.57	$533.20
$527.50	$530.00	Nov 2	$0.97	$1.53	$0.97	56%	1.58	$528.47
$555.00	$560.00	Nov 2	$0.72	$4.28	$0.72	25%	5.94	$555.72
$500.00	$525.00	Dec 4	$15.80	$9.20	$15.80	70%	0.58	$515.80
$525.00	$530.00	Nov 27	$2.40	$2.60	$2.40	56%	1.08	$527.40

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$552.50	$550.00	Nov 27	$0.77	$1.73	$0.77	61%	2.25	$551.73
$542.50	$540.00	Nov 27	$0.63	$1.87	$0.63	54%	2.97	$541.87
$572.50	$570.00	Nov 27	$1.10	$1.40	$1.10	72%	1.27	$571.40
$535.00	$532.50	Nov 6	$0.58	$1.92	$0.58	52%	3.31	$534.42
$510.00	$505.00	Nov 2	$0.50	$4.50	$0.50	26%	9.00	$509.50

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 412 found (best R:R 0.41, avg 0.32)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$612.50	$615.00	Oct 26	$0.74	$0.74	$1.76	96%	0.42	$613.24
$620.00	$630.00	Nov 2	$0.89	$0.89	$9.11	94%	0.10	$620.89
$607.50	$610.00	Oct 26	$0.73	$0.73	$1.77	95%	0.41	$608.23
$615.00	$620.00	Nov 4	$0.74	$0.74	$4.26	94%	0.17	$615.74
$535.00	$537.50	Nov 20	$1.78	$1.78	$0.72	50%	2.47	$536.78

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$530.00	$470.00	Dec 4	$17.50	$17.50	$42.50	53%	0.41	$512.50
$455.00	$425.00	Dec 4	$3.11	$3.11	$26.89	86%	0.12	$451.89
$467.50	$465.00	Oct 28	$0.57	$0.57	$1.93	95%	0.30	$466.93
$460.00	$455.00	Oct 28	$0.58	$0.58	$4.42	96%	0.13	$459.42
$490.00	$487.50	Oct 28	$0.47	$0.47	$2.03	91%	0.23	$489.53

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $3.58, cheapest $3.25)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$532.50	Oct 23	Oct 26	$3.49	51.5%	31.4%
$530.00	Oct 23	Oct 26	$3.94	51.2%	32.0%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$532.50	Oct 23	Oct 26	$3.25	51.5%	31.4%
$530.00	Oct 23	Oct 26	$3.63	51.2%	32.0%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 223 found (cheapest 1.02% of stock, avg 7.14%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$530.00	Oct 23	$3.11	$2.32	$5.43	$524.57	$535.43	1.02%
$532.50	Oct 23	$1.89	$3.70	$5.59	$526.91	$538.09	1.05%
$527.50	Oct 23	$4.83	$1.33	$6.16	$521.34	$533.66	1.16%
$535.00	Oct 23	$1.11	$5.08	$6.19	$528.81	$541.19	1.17%
$537.50	Oct 23	$0.62	$6.80	$7.42	$530.08	$544.92	1.40%
$525.00	Oct 23	$6.88	$0.78	$7.66	$517.34	$532.66	1.44%
$522.50	Oct 23	$8.73	$0.43	$9.16	$513.34	$531.66	1.73%
$540.00	Oct 23	$0.34	$9.18	$9.52	$530.48	$549.52	1.79%
$520.00	Oct 23	$11.45	$0.23	$11.68	$508.32	$531.68	2.20%
$542.50	Oct 23	$0.19	$11.60	$11.79	$530.71	$554.29	2.22%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 275 found (cheapest 0.08% of stock, avg 4.53%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$542.50	$520.00	Oct 23	$0.19	$0.23	$0.42	$519.58	$542.92
$540.00	$520.00	Oct 23	$0.34	$0.23	$0.57	$519.43	$540.57
$542.50	$522.50	Oct 23	$0.19	$0.43	$0.62	$521.88	$543.12
$540.00	$522.50	Oct 23	$0.34	$0.43	$0.77	$521.73	$540.77
$537.50	$520.00	Oct 23	$0.62	$0.23	$0.85	$519.15	$538.35
$542.50	$525.00	Oct 23	$0.19	$0.78	$0.97	$524.03	$543.47
$537.50	$522.50	Oct 23	$0.62	$0.43	$1.05	$521.45	$538.55
$540.00	$525.00	Oct 23	$0.34	$0.78	$1.12	$523.88	$541.12
$537.50	$525.00	Oct 23	$0.62	$0.78	$1.40	$523.60	$538.90
$535.00	$520.00	Oct 23	$1.11	$0.23	$1.34	$518.66	$536.34

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 380 found (best R:R 0.39, avg credit $1.16)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
460/462	615/618	Oct 23	$0.70	$1.80	95%	0.39	$461.80	$615.70
445/448	615/618	Oct 23	$0.68	$1.82	95%	0.37	$446.82	$615.68
455/458	615/618	Oct 23	$0.65	$1.85	95%	0.35	$456.85	$615.65
510/512	548/550	Nov 2	$2.00	$0.50	38%	4.00	$510.50	$549.50
460/462	622/625	Oct 23	$0.51	$1.99	96%	0.26	$461.99	$623.01
445/448	622/625	Oct 23	$0.49	$2.01	96%	0.24	$447.01	$622.99
460/462	628/630	Oct 23	$0.50	$2.00	96%	0.25	$462.00	$628.00
465/468	545/548	Oct 28	$1.25	$1.25	66%	1.00	$466.25	$546.25
465/468	550/552	Oct 28	$1.07	$1.43	73%	0.75	$466.43	$551.07
445/448	628/630	Oct 23	$0.48	$2.02	96%	0.24	$447.02	$627.98

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 355 found (best R:R 30.25, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$540.00	$545.00	$550.00	Dec 4	$0.07	$4.93	6%	70.43
$537.50	$540.00	$542.50	Oct 28	$0.05	$2.45	8%	49.00
$532.50	$535.00	$537.50	Oct 23	$0.29	$2.21	24%	7.62
$580.00	$585.00	$590.00	Nov 20	$0.08	$4.92	5%	61.50
$532.50	$535.00	$537.50	Oct 26	$0.13	$2.37	12%	18.23

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$530.00	$535.00	$540.00	Nov 2	$0.16	$4.84	12%	30.25
$515.00	$520.00	$525.00	Nov 27	$0.07	$4.93	6%	70.43
$505.00	$510.00	$515.00	Nov 13	$0.09	$4.91	7%	54.56
$530.00	$535.00	$540.00	Dec 4	$0.07	$4.93	5%	70.43
$520.00	$522.50	$525.00	Oct 26	$0.07	$2.43	10%	34.71

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 433 found (best net $-2.01, 407 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$470.00	$500.00	1:2	Oct 26	-$2.01	$27.99
$500.00	$517.50	1:2	Oct 26	-$0.13	$17.37
$480.00	$500.00	1:2	Oct 23	-$11.27	$8.73
$477.50	$500.00	1:2	Oct 30	-$14.82	$7.68
$580.00	$600.00	1:2	Nov 4	-$0.09	$19.91

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$612.50	$580.00	1:2	Oct 28	-$17.14	$15.36
$570.00	$550.00	1:2	Nov 2	-$8.05	$11.95
$512.50	$490.00	1:2	Nov 4	-$0.01	$22.49
$455.00	$425.00	1:2	Dec 4	-$0.26	$29.74
$500.00	$485.00	1:2	Nov 2	-$1.22	$13.78

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 237 found (best yield 4.95%, avg 1.27%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$535.00	Dec 4	$26.25	0.51	0.8%	4.95%	5.78%	1	4
$532.50	Dec 4	$27.25	0.52	0.4%	5.14%	5.49%	1	11
$540.00	Dec 4	$23.70	0.48	1.8%	4.47%	6.24%	100	10
$545.00	Dec 4	$21.40	0.45	2.7%	4.03%	6.75%	19	3
$550.00	Dec 4	$19.15	0.42	3.7%	3.61%	7.27%	3	13
$560.00	Dec 4	$15.25	0.37	5.5%	2.87%	8.42%	--	10
$532.50	Nov 27	$25.05	0.51	0.4%	4.72%	5.08%	7	19
$535.00	Nov 27	$23.80	0.50	0.8%	4.49%	5.31%	3	7
$537.50	Nov 27	$22.50	0.48	1.3%	4.24%	5.54%	4	7
$540.00	Nov 27	$21.40	0.47	1.8%	4.03%	5.80%	3	19

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 42,531

Total Puts 73,599

Put/Call Ratio 1.73

Net Difference -31,068

Prior's Put/Call Breakdown

Total Calls 53,231

Total Puts 92,487

Put/Call Ratio 1.74

Net Difference -39,256

Prior 7-Day Put/Call Summary

Total Calls 836,515

Total Puts 1,498,113

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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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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