SMH - Options Database

SMH

VanEck Semiconductor ETF

$606.38 +1.06%

(9/29 12:00) ◀

Tuesday, September 29, 2026 (1:00pm)

▶ (9/29 14:00)

◀ 9/29 13:00 ▶

Option Volume

Detail

ℹ

Current (09/29 1:00pm) 112,093

Calls: 46,321 (41%)

Puts: 65,772 (59%)

Prior (09/28) 93,991

Calls: 42,240 (45%)

Puts: 51,751 (55%)

Current vs Prior +19.26%

Calls: +9.66% (Calls)

Puts: +27.09% (Puts)

Prior 7-Day Total 1,739,121

Calls: 682,523 (39%)

Puts: 1,056,598 (61%)

Prior 7-Day Average 248,445

Calls: 97,503 (39%)

Puts: 150,942 (61%)

Current vs Prior 7-Day Avg -54.88%

Calls: -52.49%

Puts: -56.43%

Sentiment BEARISH

Dollar Volume

Detail

ℹ

Current (09/29 1:00pm) $62.95M

Calls: $39.28M (62%)

Puts: $23.68M (38%)

Prior (09/28) $69.32M

Calls: $43.05M (62%)

Puts: $26.27M (38%)

Current vs Prior -9.19%

Calls: -8.77%

Puts: -9.88%

Prior 7-Day Total $1.25B

Calls: $824.67M (66%)

Puts: $425.44M (34%)

Prior 7-Day Average $178.59M

Calls: $117.81M (66%)

Puts: $60.78M (34%)

Current vs Prior 7-Day Avg -64.75%

Calls: -66.66%

Puts: -61.04%

Sentiment BULLISH

Put/Call Ratio

Detail

ℹ

Current (09/29 1:00pm) 1.42

Prior (09/28) 1.23

Current vs Prior +15.90%

Prior 7-Day Average 1.66

Current vs Prior 7-Day Avg -14.40%

Sentiment BEARISH

Open Interest

Detail

ℹ

Current (09/29 1:00pm) 1,753,254

Calls: 639,319 (36%)

Puts: 1,113,935 (64%)

Prior (09/28) 1,714,840

Calls: 632,600 (37%)

Puts: 1,082,240 (63%)

Current vs Prior +2.24%

Prior 7-Day Total 12,330,585

Calls: 4,612,468 (37%)

Puts: 7,718,117 (63%)

Prior 7-Day Average 1,761,512

Calls: 658,924 (37%)

Puts: 1,102,588 (63%)

Current vs Prior 7-Day Avg -0.47%

Sentiment BULLISH

Expected Move

Detail

ℹ

0DTE3DTEWKMO Expiry (09/29) | Next (09/30)Expiry (09/30) | Next (10/02)Expiry (10/02) | Next (10/09)Expiry (10/16) | Next (11/20)

Current 0.78% | 1.76%1.76% | 2.88%2.88% | 4.51%5.91% | 11.46%

Prior 0.59% | 1.55%0.59% | 2.15%3.16% | 4.69%5.94% | 11.48%

Current vs Prior +31.93% | +13.41%+196.09% | +33.77%-8.83% | -3.73%-0.48% | -0.13%

Prior 7-Day Avg 1.40% | 2.03%0.81% | 2.04%1.90% | 4.10%4.95% | 10.61%

Current vs 7-Day Avg -44.06% | -13.30%+116.73% | +41.19%+51.87% | +9.98%+19.48% | +8.05%

Prior 7-Day Eod 0.59% | 1.55%2.25% | 3.23%3.23% | 4.63%5.95% | 11.54%

Current vs 7-Day Eod +31.93% | +13.41%-21.75% | -10.81%-10.81% | -2.55%-0.72% | -0.67%

Sentiment BEARISHBEARISHBULLISHBULLISH

Relative Spread

Detail

ℹ

Expiry | Next

Current 21.14% | 23.20%

Calls: 32.81% | 31.93%

Puts: 9.46% | 14.48%

Prior 24.04% | 36.96%

Calls: 25.00% | 41.31%

Puts: 23.08% | 32.61%

Current vs Prior -12.06% | -37.23%

Prior 7-Day Avg 40.01% | 36.89%

Calls: 43.57% | 48.02%

Puts: 36.46% | 25.76%

Current vs 7-Day Avg -47.17% | -37.10%

Liquidity Expensive

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🤖 AI Insights

Moderately bullish flow with 62% call dollar volume ($39.28M). Bearish P/C ratio of 1.42 indicates protective positioning. Put-heavy open interest (1,113,935 puts vs 639,319 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 BULLISH

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	BEARISH	BEARISH
10:00	BULLISH	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 508 of results (avg 6.1%, best 2.1%)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$490.00	Sep 29	115.10	117.60	$116.35	2.1%	63	0.97	6
$492.50	Sep 29	112.55	115.20	$113.88	2.3%	71	0.97	--
$612.50	Oct 23	18.40	18.90	$18.65	2.7%	55	0.48	147
$495.00	Sep 29	110.15	113.20	$111.68	2.7%	70	0.97	1
$622.50	Nov 6	21.60	22.20	$21.90	2.7%	13	0.44	9

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$610.00	Nov 6	28.15	28.75	$28.45	2.1%	11	0.49	1
$605.00	Nov 6	25.70	26.30	$26.00	2.3%	6	0.47	13
$602.50	Nov 6	24.55	25.15	$24.85	2.4%	2	0.45	14
$605.00	Oct 16	15.85	16.25	$16.05	2.5%	176	0.47	297
$612.50	Nov 6	29.30	30.05	$29.68	2.5%	13	0.51	--

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. 56 found (avg $0.65, cheapest $0.37)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$625.00	Sep 30	0.40	0.49	$0.45	20.0%	862	0.08	195
$627.50	Sep 30	0.32	0.39	$0.36	19.4%	71	0.06	51
$622.50	Sep 30	0.57	0.65	$0.61	13.1%	430	0.10	51
$620.00	Sep 30	0.77	0.89	$0.83	14.5%	772	0.14	419
$635.00	Oct 1	0.48	0.56	$0.52	15.4%	85	0.07	12

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$602.50	Sep 29	0.34	0.39	$0.37	13.5%	748	0.17	72
$605.00	Sep 29	0.93	1.00	$0.97	7.2%	2.9K	0.36	152
$585.00	Sep 30	0.36	0.40	$0.38	10.5%	102	0.06	161
$587.50	Sep 30	0.47	0.54	$0.51	13.7%	442	0.08	70
$590.00	Sep 30	0.65	0.70	$0.68	7.4%	264	0.10	238

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 350 found (avg delta 0.80, highest 1.00)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$550.00	Sep 29	55.15	58.35	$56.75	5.6%	20	1.00	10
$582.50	Sep 29	22.70	25.85	$24.28	13.0%	--	1.00	13
$490.00	Oct 2	114.95	118.70	$116.83	3.2%	2	1.00	11
$495.00	Oct 2	110.35	113.70	$112.03	3.0%	1	1.00	2
$575.00	Sep 29	29.90	33.30	$31.60	10.8%	7	0.99	69

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$617.50	Sep 29	9.20	12.10	$10.65	27.2%	2	1.00	--
$620.00	Sep 29	11.70	14.75	$13.23	23.1%	12	1.00	--
$650.00	Sep 30	41.70	45.05	$43.38	7.7%	4	1.00	2
$665.00	Oct 2	56.70	60.40	$58.55	6.3%	1	1.00	--
$667.50	Oct 2	59.20	62.70	$60.95	5.7%	1	1.00	--

Most actively traded options today. High liquidity = easy entry/exit. 884 active (total vol 88.1K, top 3.1K)

CALLS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$615.00	Sep 29	0.10	0.13	$0.12	25.0%	2.8K	0.05	866
$612.50	Sep 29	0.20	0.25	$0.23	21.7%	2.2K	0.10	877
$617.50	Sep 29	0.02	0.04	$0.03	66.7%	1.7K	0.02	491
$620.00	Sep 29	0.01	0.03	$0.02	100.0%	1.7K	0.01	535
$610.00	Sep 29	0.45	0.58	$0.52	25.0%	1.4K	0.21	136

PUTS (5)

Strike	Expiry	Bid	Ask	Mark	Spread	Vol	Delta	OI
$500.00	Oct 16	0.60	0.65	$0.63	7.9%	3.1K	0.03	13.7K
$605.00	Sep 29	0.93	1.00	$0.97	7.2%	2.9K	0.36	152
$597.50	Sep 30	1.53	1.76	$1.65	13.9%	2.3K	0.23	160
$580.00	Oct 2	1.20	1.32	$1.26	9.5%	2.2K	0.11	1.4K
$590.00	Oct 2	2.47	2.68	$2.58	8.1%	2.2K	0.21	1.0K

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 4.3%, max 6.8%)

CALLS (2)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$607.50	Sep 29	Oct 30	35.9%	33.6%	6.8%	369	309
$602.50	Sep 29	Oct 30	35.6%	33.9%	4.8%	67	963

PUTS (3)

Strike	Near Exp	Far Exp	Near IV	Far IV	Back%	Vol	OI
$607.50	Sep 29	Oct 30	35.9%	33.6%	6.8%	1.6K	184
$602.50	Sep 29	Nov 6	35.6%	34.8%	2.2%	750	86
$625.00	Oct 2	Oct 30	36.0%	35.7%	0.7%	2	34

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 588 found (best R:R 49.00, avg 7.00)

BULL CALL (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$650.00	$662.50	Oct 7	$0.25	$12.25	$0.25	11%	49.00	$650.25
$612.50	$615.00	Oct 6	$0.27	$2.23	$0.27	43%	8.26	$612.77
$600.00	$610.00	Oct 12	$4.73	$5.27	$4.73	60%	1.11	$604.73
$565.00	$567.50	Oct 9	$1.63	$0.87	$1.63	89%	0.53	$566.63
$625.00	$627.50	Oct 7	$0.11	$2.39	$0.11	28%	21.73	$625.11

BEAR PUT (5)

Buy	Sell	Expiry	Debit	Max Gain	Max Loss	POP	R:R	BE
$612.50	$610.00	Oct 1	$0.80	$1.70	$0.80	63%	2.12	$611.70
$602.50	$595.00	Oct 12	$2.23	$5.27	$2.23	43%	2.36	$600.27
$597.50	$595.00	Oct 6	$0.23	$2.27	$0.23	34%	9.87	$597.27
$605.00	$602.50	Oct 6	$0.53	$1.97	$0.53	45%	3.72	$604.47
$617.50	$615.00	Oct 16	$0.90	$1.60	$0.90	58%	1.78	$616.60

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 482 found (best R:R 0.06, avg 0.32)

BEAR CALL (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$690.00	$705.00	Sep 29	$0.86	$0.86	$14.14	95%	0.06	$690.86
$667.50	$670.00	Oct 1	$0.79	$0.79	$1.71	94%	0.46	$668.29
$612.50	$615.00	Nov 6	$1.93	$1.93	$0.57	50%	3.39	$614.43
$610.00	$612.50	Oct 6	$1.75	$1.75	$0.75	53%	2.33	$611.75
$612.50	$615.00	Oct 12	$1.63	$1.63	$0.87	55%	1.87	$614.13

BULL PUT (5)

Sell	Buy	Expiry	Credit	Max Gain	Max Loss	POP	R:R	BE
$562.50	$560.00	Oct 1	$0.73	$0.73	$1.77	93%	0.41	$561.77
$600.00	$597.50	Oct 6	$1.47	$1.47	$1.03	62%	1.43	$598.53
$500.00	$495.00	Oct 1	$0.57	$0.57	$4.43	98%	0.13	$499.43
$542.50	$540.00	Sep 29	$0.55	$0.55	$1.95	96%	0.28	$541.95
$580.00	$552.50	Oct 8	$2.42	$2.42	$25.08	81%	0.10	$577.58

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $2.96, cheapest $2.96)

CALLS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$607.50	Sep 29	Sep 30	$3.02	35.9%	35.0%
$605.00	Sep 29	Sep 30	$2.95	34.5%	34.1%

PUTS (2)

Strike	Near Exp	Far Exp	Net Debit	Near IV	Far IV
$607.50	Sep 29	Sep 30	$2.96	35.9%	35.0%
$605.00	Sep 29	Sep 30	$2.93	34.5%	34.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 262 found (cheapest 0.56% of stock, avg 5.90%)

Strike	Expiry	Call$	Put$	Total	BE Low	BE High	Cost%
$607.50	Sep 29	$1.20	$2.22	$3.42	$604.08	$610.92	0.56%
$605.00	Sep 29	$2.53	$0.97	$3.50	$601.50	$608.50	0.58%
$610.00	Sep 29	$0.52	$3.93	$4.45	$605.55	$614.45	0.73%
$602.50	Sep 29	$4.40	$0.37	$4.77	$597.73	$607.27	0.79%
$612.50	Sep 29	$0.23	$5.98	$6.21	$606.29	$618.71	1.02%
$600.00	Sep 29	$6.73	$0.15	$6.88	$593.12	$606.88	1.13%
$615.00	Sep 29	$0.12	$8.45	$8.57	$606.43	$623.57	1.41%
$597.50	Sep 29	$9.25	$0.07	$9.32	$588.18	$606.82	1.54%
$605.00	Sep 30	$5.48	$3.90	$9.38	$595.62	$614.38	1.55%
$607.50	Sep 30	$4.22	$5.18	$9.40	$598.10	$616.90	1.55%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 352 found (cheapest 0.06% of stock, avg 3.30%)

Call K	Put K	Expiry	Call$	Put$	Total	BE Low	BE High
$612.50	$600.00	Sep 29	$0.23	$0.15	$0.38	$599.62	$612.88
$612.50	$602.50	Sep 29	$0.23	$0.37	$0.60	$601.90	$613.10
$610.00	$600.00	Sep 29	$0.52	$0.15	$0.67	$599.33	$610.67
$610.00	$602.50	Sep 29	$0.52	$0.37	$0.89	$601.61	$610.89
$655.00	$600.00	Sep 29	$0.87	$0.15	$1.02	$598.98	$656.02
$652.50	$600.00	Sep 29	$0.92	$0.15	$1.07	$598.93	$653.57
$655.00	$602.50	Sep 29	$0.87	$0.37	$1.24	$601.26	$656.24
$652.50	$602.50	Sep 29	$0.92	$0.37	$1.29	$601.21	$653.79
$612.50	$605.00	Sep 29	$0.23	$0.97	$1.20	$603.80	$613.70
$610.00	$605.00	Sep 29	$0.52	$0.97	$1.49	$603.51	$611.49

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 527 found (best R:R 0.30, avg credit $1.12)

Put Spread	Call Spread	Expiry	Credit	Max Loss	POP	R:R	BE Low	BE High
508/510	660/665	Sep 29	$1.14	$3.86	90%	0.30	$508.86	$661.14
540/542	660/665	Sep 29	$1.15	$3.85	89%	0.30	$541.35	$661.15
565/568	622/625	Oct 5	$1.50	$1.00	63%	1.50	$566.00	$624.00
550/552	660/665	Sep 29	$1.04	$3.96	90%	0.26	$551.46	$661.04
565/568	618/620	Oct 5	$1.60	$0.90	56%	1.78	$565.90	$619.10
508/510	655/658	Sep 29	$0.76	$1.74	90%	0.44	$509.24	$655.76
540/542	655/658	Sep 29	$0.77	$1.73	89%	0.45	$541.73	$655.77
560/562	622/625	Oct 1	$1.12	$1.38	75%	0.81	$561.38	$623.62
560/562	630/632	Oct 1	$0.90	$1.60	83%	0.56	$561.60	$630.90
560/562	628/630	Oct 1	$0.94	$1.56	81%	0.60	$561.56	$628.44

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 379 found (best R:R 8.54, cheapest $0.05)

CALLS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$595.00	$600.00	$605.00	Oct 6	$0.12	$4.88	14%	40.67
$602.50	$605.00	$607.50	Sep 29	$0.54	$1.96	43%	3.63
$630.00	$635.00	$640.00	Oct 23	$0.08	$4.92	7%	61.50
$605.00	$607.50	$610.00	Sep 30	$0.16	$2.34	17%	14.62
$650.00	$655.00	$660.00	Oct 23	$0.06	$4.94	5%	82.33

PUTS (5)

Low	Mid	High	Expiry	Debit	Max Gain	POP	R:R
$610.00	$622.50	$635.00	Oct 5	$1.31	$11.19	32%	8.54
$605.00	$607.50	$610.00	Sep 29	$0.46	$2.04	43%	4.43
$590.00	$595.00	$600.00	Oct 16	$0.11	$4.89	9%	44.45
$607.50	$610.00	$612.50	Sep 29	$0.34	$2.16	30%	6.35
$597.50	$600.00	$602.50	Sep 30	$0.11	$2.39	14%	21.73

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 540 found (best net $-17.38, 493 credits)

CALLS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$490.00	$540.00	1:2	Oct 5	-$17.38	$32.62
$610.00	$625.00	1:2	Oct 13	-$1.36	$13.64
$580.00	$595.00	1:2	Oct 8	-$7.78	$7.22
$610.00	$620.00	1:2	Oct 7	-$2.25	$7.75
$602.50	$605.00	1:2	Sep 29	-$0.66	$1.84

PUTS (5)

Buy K	Sell K	Ratio	Expiry	Net	Max Gain
$645.00	$622.50	1:2	Oct 9	-$2.91	$19.59
$622.50	$610.00	1:2	Oct 5	-$1.46	$11.04
$622.50	$615.00	1:2	Sep 30	-$3.13	$4.37
$612.50	$600.00	1:2	Oct 8	-$3.19	$9.31
$635.00	$622.50	1:2	Oct 5	-$9.02	$3.48

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 218 found (best yield 3.91%, avg 1.04%)

Strike	Expiry	Bid	Delta	OTM%	Yield%	If Called%	Vol	OI
$617.50	Nov 6	$23.70	0.47	1.8%	3.91%	5.74%	16	4
$610.00	Nov 6	$27.00	0.51	0.6%	4.45%	5.05%	2	2
$612.50	Nov 6	$25.75	0.50	1.0%	4.25%	5.26%	1	7
$620.00	Nov 6	$22.60	0.45	2.2%	3.73%	5.97%	10	47
$622.50	Nov 6	$21.60	0.44	2.7%	3.56%	6.22%	13	9
$625.00	Nov 6	$20.45	0.43	3.1%	3.37%	6.44%	57	15
$615.00	Nov 6	$23.95	0.48	1.4%	3.95%	5.37%	10	20
$630.00	Nov 6	$18.50	0.40	3.9%	3.05%	6.95%	7	4
$635.00	Nov 6	$16.75	0.37	4.7%	2.76%	7.48%	11	18
$640.00	Nov 6	$15.10	0.35	5.5%	2.49%	8.03%	20	15

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 46,321

Total Puts 65,772

Put/Call Ratio 1.42

Net Difference -19,451

Prior's Put/Call Breakdown

Total Calls 42,240

Total Puts 51,751

Put/Call Ratio 1.23

Net Difference -9,511

Prior 7-Day Put/Call Summary

Total Calls 682,523

Total Puts 1,056,598

Average Put/Call Ratio 1.66

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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