SMH - Options Database

SMH

VanEck Semiconductor ETF

$531.35 +1.53%

(10/23 11:00) ◀

Friday, October 23, 2026 (12:00pm)

▶ (10/23 13:00)

◀ 10/23 12:00 ▶

Option Volume

Detail

ℹ

Current (10/23 12:00pm) 198,920

Calls: 53,396 (27%)

Puts: 145,524 (73%)

Prior (10/22) 211,750

Calls: 75,368 (36%)

Puts: 136,382 (64%)

Current vs Prior -6.06%

Calls: -29.15% (Calls)

Puts: +6.70% (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 -40.36%

Calls: -55.32%

Puts: -32.00%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (10/23 12:00pm) $113.73M

Calls: $39.22M (34%)

Puts: $74.51M (66%)

Prior (10/22) $205.90M

Calls: $49.95M (24%)

Puts: $155.95M (76%)

Current vs Prior -44.76%

Calls: -21.49%

Puts: -52.22%

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 -65.24%

Calls: -50.50%

Puts: -69.94%

Sentiment BEARISH

Put/Call Ratio

Detail

ℹ

Current (10/23 12:00pm) 2.73

Prior (10/22) 1.81

Current vs Prior +50.61%

Prior 7-Day Average 1.87

Current vs Prior 7-Day Avg +46.05%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (10/23 12:00pm) 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 1.02% | 2.53%1.02% | 5.03%9.21% | 12.39%

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

Current vs Prior -62.02% | -31.29%-62.02% | -17.03%-9.80% | -4.64%

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

Current vs 7-Day Avg -61.77% | -26.07%-67.07% | -6.52%+83.64% | +16.45%

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

Current vs 7-Day Eod -62.02% | -31.29%-62.02% | -16.63%-9.80% | -4.94%

Sentiment BULLISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 10.39% | 17.11%

Calls: 8.99% | 16.30%

Puts: 11.79% | 17.91%

Prior 26.23% | 24.18%

Calls: 23.24% | 19.94%

Puts: 29.23% | 28.42%

Current vs Prior -60.39% | -29.24%

Prior 7-Day Avg 21.32% | 22.89%

Calls: 23.12% | 19.63%

Puts: 19.52% | 26.16%

Current vs 7-Day Avg -51.27% | -25.27%

Liquidity Expensive

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🤖 AI Insights

Moderately bearish flow with 66% put dollar volume ($74.51M). Extreme bearish P/C ratio of 2.73 - heavy put buying. P/C ratio rising 51% - increased hedging/bearish positioning. 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
12:00	BEARISH	BEARISH	BEARISH
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 514 of results (avg 6.0%, best 1.4%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$537.50	Nov 13	18.40	18.65	$18.52	1.3%	53	0.47	103
$545.00	Nov 20	18.00	18.25	$18.13	1.4%	21	0.43	686
$537.50	Nov 20	21.35	21.80	$21.58	2.1%	44	0.48	36
$555.00	Nov 20	14.15	14.45	$14.30	2.1%	119	0.37	5.5K
$542.50	Nov 27	20.90	21.35	$21.13	2.1%	12	0.46	6

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$532.50	Nov 27	24.90	25.35	$25.13	1.8%	8	0.49	24
$530.00	Nov 27	23.70	24.15	$23.92	1.9%	139	0.47	328
$530.00	Oct 30	11.90	12.15	$12.03	2.1%	362	0.47	21.7K
$500.00	Nov 20	11.50	11.75	$11.63	2.1%	1.1K	0.28	14.6K
$537.50	Nov 27	27.20	27.80	$27.50	2.2%	--	0.51	20

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 42 found (avg $0.65, cheapest $0.06)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$540.00	Oct 23	0.15	0.17	$0.16	12.5%	2.1K	0.06	943
$537.50	Oct 23	0.34	0.37	$0.36	8.3%	2.4K	0.12	436
$535.00	Oct 23	0.74	0.80	$0.77	7.8%	3.3K	0.24	995
$555.00	Oct 26	0.37	0.45	$0.41	19.5%	302	0.06	122
$552.50	Oct 26	0.54	0.63	$0.59	15.3%	672	0.09	142

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$517.50	Oct 23	0.05	0.06	$0.06	16.7%	403	0.02	606
$525.00	Oct 23	0.29	0.33	$0.31	12.9%	1.1K	0.12	2.3K
$527.50	Oct 23	0.65	0.73	$0.69	11.6%	263	0.23	795
$497.50	Oct 26	0.29	0.33	$0.31	12.9%	366	0.04	155
$505.00	Oct 26	0.51	0.61	$0.56	17.9%	524	0.07	371

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 353 found (avg delta 0.78, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$470.00	Oct 26	59.60	63.65	$61.63	6.6%	1	1.00	1
$450.00	Oct 28	79.85	83.95	$81.90	5.0%	12	1.00	--
$450.00	Oct 23	79.55	82.85	$81.20	4.1%	--	1.00	13
$475.00	Oct 23	54.55	58.20	$56.38	6.5%	12	1.00	31
$480.00	Oct 23	49.70	52.95	$51.33	6.3%	--	1.00	14

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$545.00	Oct 23	11.70	13.80	$12.75	16.5%	141	1.00	1.4K
$547.50	Oct 23	14.60	17.30	$15.95	16.9%	22	1.00	1.0K
$550.00	Oct 23	17.10	19.80	$18.45	14.6%	38	1.00	2.8K
$552.50	Oct 23	19.70	22.90	$21.30	15.0%	3	1.00	690
$555.00	Oct 23	22.15	25.50	$23.83	14.1%	3	1.00	291

Most actively traded options today. High liquidity = easy entry/exit. 788 active (total vol 117.4K, top 9.4K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$535.00	Oct 23	0.74	0.80	$0.77	7.8%	3.3K	0.24	995
$560.00	Oct 26	0.20	0.29	$0.25	36.0%	2.6K	0.04	799
$537.50	Oct 23	0.34	0.37	$0.36	8.3%	2.4K	0.12	436
$540.00	Oct 23	0.15	0.17	$0.16	12.5%	2.1K	0.06	943
$585.00	Nov 20	6.15	6.50	$6.33	5.5%	1.4K	0.20	1.8K

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$510.00	Oct 28	3.00	3.60	$3.30	18.2%	9.4K	0.21	685
$485.00	Oct 28	0.70	0.89	$0.80	23.8%	8.8K	0.06	9.2K
$515.00	Nov 20	16.05	16.60	$16.33	3.4%	5.6K	0.37	3.4K
$550.00	Oct 30	23.10	24.85	$23.98	7.3%	5.4K	0.71	7.6K
$465.00	Nov 20	4.70	5.20	$4.95	10.1%	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. 10 strikes (avg 12.0%, max 17.5%)

CALLS (5)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$532.50	Oct 23	Dec 4	43.6%	37.4%	16.7%	866	647
$530.00	Oct 23	Dec 4	43.6%	37.5%	16.3%	938	1.5K
$527.50	Oct 23	Nov 20	44.4%	39.0%	13.9%	407	450
$535.00	Oct 23	Dec 4	44.3%	40.2%	10.3%	3.3K	999
$495.00	Nov 13	Nov 20	43.8%	42.6%	2.8%	2	162

PUTS (4)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$532.50	Oct 23	Nov 27	43.6%	37.1%	17.5%	229	559
$530.00	Oct 23	Dec 4	43.6%	37.5%	16.3%	1.3K	15.7K
$527.50	Oct 23	Nov 20	44.4%	39.0%	13.9%	414	1.1K
$535.00	Oct 23	Dec 4	44.3%	40.2%	10.3%	625	6.4K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 522 found (best R:R 1.50, avg 5.80)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$530.00	$535.00	Nov 2	$2.00	$3.00	$2.00	52%	1.50	$532.00
$560.00	$562.50	Nov 13	$0.35	$2.15	$0.35	30%	6.14	$560.35
$552.50	$555.00	Nov 6	$0.42	$2.08	$0.42	33%	4.95	$552.92
$495.00	$500.00	Nov 20	$3.30	$1.70	$3.30	74%	0.52	$498.30
$560.00	$570.00	Dec 4	$2.90	$7.10	$2.90	36%	2.45	$562.90

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$542.50	$540.00	Oct 23	$1.00	$1.50	$1.00	96%	1.50	$541.50
$552.50	$537.50	Nov 4	$8.83	$6.17	$8.83	70%	0.70	$543.67
$545.00	$542.50	Nov 13	$0.78	$1.72	$0.78	58%	2.21	$544.22
$525.00	$520.00	Nov 13	$1.43	$3.57	$1.43	44%	2.50	$523.57
$540.00	$537.50	Nov 13	$0.72	$1.78	$0.72	55%	2.47	$539.28

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 418 found (best R:R 0.40, avg 0.32)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$625.00	$630.00	Oct 26	$1.22	$1.22	$3.78	92%	0.32	$626.22
$620.00	$630.00	Nov 2	$0.92	$0.92	$9.08	95%	0.10	$620.92
$607.50	$610.00	Oct 26	$0.72	$0.72	$1.78	96%	0.40	$608.22
$602.50	$605.00	Nov 2	$0.71	$0.71	$1.79	94%	0.40	$603.21
$615.00	$620.00	Nov 4	$0.77	$0.77	$4.23	94%	0.18	$615.77

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$525.00	$470.00	Dec 4	$15.72	$15.72	$39.28	56%	0.40	$509.28
$530.00	$525.00	Dec 4	$2.92	$2.92	$2.08	53%	1.40	$527.08
$460.00	$455.00	Oct 28	$0.59	$0.59	$4.41	96%	0.13	$459.41
$530.00	$527.50	Oct 28	$1.62	$1.62	$0.88	52%	1.84	$528.38
$500.00	$495.00	Nov 4	$1.33	$1.33	$3.67	78%	0.36	$498.67

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $3.98, cheapest $3.95)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$530.00	Oct 23	Oct 26	$3.97	43.6%	30.1%
$532.50	Oct 23	Oct 26	$3.91	43.6%	30.9%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$530.00	Oct 23	Oct 26	$3.95	43.6%	30.1%
$532.50	Oct 23	Oct 26	$4.07	43.6%	30.9%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 230 found (cheapest 0.79% of stock, avg 7.17%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$530.00	Oct 23	$2.78	$1.43	$4.21	$525.79	$534.21	0.79%
$532.50	Oct 23	$1.57	$2.63	$4.20	$528.30	$536.70	0.79%
$535.00	Oct 23	$0.77	$4.30	$5.07	$529.93	$540.07	0.95%
$527.50	Oct 23	$4.65	$0.69	$5.34	$522.16	$532.84	1.00%
$537.50	Oct 23	$0.36	$6.33	$6.69	$530.81	$544.19	1.26%
$525.00	Oct 23	$7.23	$0.31	$7.54	$517.46	$532.54	1.42%
$522.50	Oct 23	$9.05	$0.14	$9.19	$513.31	$531.69	1.73%
$540.00	Oct 23	$0.16	$9.48	$9.64	$530.36	$549.64	1.81%
$542.50	Oct 23	$0.08	$10.48	$10.56	$531.94	$553.06	1.99%
$520.00	Oct 23	$11.58	$0.09	$11.67	$508.33	$531.67	2.20%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 266 found (cheapest 0.06% of stock, avg 4.77%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$540.00	$522.50	Oct 23	$0.16	$0.14	$0.30	$522.20	$540.30
$540.00	$525.00	Oct 23	$0.16	$0.31	$0.47	$524.53	$540.47
$537.50	$522.50	Oct 23	$0.36	$0.14	$0.50	$522.00	$538.00
$537.50	$525.00	Oct 23	$0.36	$0.31	$0.67	$524.33	$538.17
$540.00	$527.50	Oct 23	$0.16	$0.69	$0.85	$526.65	$540.85
$535.00	$522.50	Oct 23	$0.77	$0.14	$0.91	$521.59	$535.91
$537.50	$527.50	Oct 23	$0.36	$0.69	$1.05	$526.45	$538.55
$535.00	$525.00	Oct 23	$0.77	$0.31	$1.08	$523.92	$536.08
$535.00	$527.50	Oct 23	$0.77	$0.69	$1.46	$526.04	$536.46
$540.00	$530.00	Oct 23	$0.16	$1.43	$1.59	$528.41	$541.59

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 390 found (best R:R 0.72, avg credit $1.13)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
495/500	615/620	Nov 4	$2.10	$2.90	72%	0.72	$497.90	$617.10
470/475	615/620	Nov 4	$1.43	$3.57	83%	0.40	$473.57	$616.43
518/520	608/610	Oct 26	$1.28	$1.22	72%	1.05	$518.72	$608.78
455/458	615/618	Oct 23	$0.68	$1.82	95%	0.37	$456.82	$615.68
502/505	608/610	Oct 26	$0.82	$1.68	89%	0.49	$504.18	$608.32
505/508	608/610	Oct 26	$0.86	$1.64	87%	0.52	$506.64	$608.36
508/510	608/610	Oct 26	$0.90	$1.60	85%	0.56	$509.10	$608.40
510/512	608/610	Oct 26	$0.95	$1.55	83%	0.61	$511.55	$608.45
512/515	608/610	Oct 26	$1.02	$1.48	80%	0.69	$513.98	$608.52
515/518	608/610	Oct 26	$1.08	$1.42	76%	0.76	$516.42	$608.58

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 348 found (best R:R 44.45, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$550.00	$555.00	$560.00	Nov 2	$0.11	$4.89	10%	44.45
$530.00	$532.50	$535.00	Oct 23	$0.41	$2.09	36%	5.10
$575.00	$580.00	$585.00	Nov 20	$0.05	$4.95	5%	99.00
$565.00	$570.00	$575.00	Nov 2	$0.10	$4.90	6%	49.00
$535.00	$537.50	$540.00	Oct 26	$0.12	$2.38	12%	19.83

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$525.00	$527.50	$530.00	Oct 26	$0.07	$2.43	13%	34.71
$510.00	$515.00	$520.00	Nov 27	$0.07	$4.93	6%	70.43
$495.00	$500.00	$505.00	Nov 20	$0.06	$4.94	5%	82.33
$527.50	$530.00	$532.50	Oct 23	$0.46	$2.04	36%	4.43
$530.00	$532.50	$535.00	Oct 23	$0.47	$2.03	36%	4.32

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 434 found (best net $-6.04, 403 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$450.00	$495.00	1:2	Nov 13	-$6.04	$38.96
$470.00	$500.00	1:2	Oct 26	-$2.03	$27.97
$465.00	$500.00	1:2	Nov 6	-$8.24	$26.76
$480.00	$500.00	1:2	Oct 23	-$11.03	$8.97
$477.50	$500.00	1:2	Oct 30	-$14.03	$8.47

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$612.50	$580.00	1:2	Oct 28	-$16.78	$15.72
$570.00	$550.00	1:2	Nov 2	-$9.10	$10.90
$532.50	$530.00	1:2	Oct 23	-$0.23	$2.27
$500.00	$485.00	1:2	Nov 2	-$1.37	$13.63
$535.00	$532.50	1:2	Oct 23	-$0.96	$1.54

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 238 found (best yield 4.55%, avg 1.31%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$540.00	Dec 4	$24.15	0.48	1.6%	4.55%	6.17%	100	10
$532.50	Dec 4	$27.30	0.51	0.2%	5.14%	5.35%	1	11
$535.00	Dec 4	$25.95	0.50	0.7%	4.88%	5.57%	1	4
$545.00	Dec 4	$21.45	0.45	2.6%	4.04%	6.61%	19	3
$550.00	Dec 4	$18.70	0.42	3.5%	3.52%	7.03%	3	13
$537.50	Nov 27	$23.10	0.49	1.2%	4.35%	5.50%	12	7
$540.00	Nov 27	$22.00	0.47	1.6%	4.14%	5.77%	16	19
$542.50	Nov 27	$20.90	0.46	2.1%	3.93%	6.03%	12	6
$545.00	Nov 27	$19.80	0.44	2.6%	3.73%	6.30%	78	35
$532.50	Nov 27	$25.20	0.51	0.2%	4.74%	4.96%	8	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 53,396

Total Puts 145,524

Put/Call Ratio 2.73

Net Difference -92,128

Prior's Put/Call Breakdown

Total Calls 75,368

Total Puts 136,382

Put/Call Ratio 1.81

Net Difference -61,014

Prior 7-Day Put/Call Summary

Total Calls 836,515

Total Puts 1,498,113

Average Put/Call Ratio 1.87

Ratio Trend Rising

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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