SMH · Option chain

SMH Option Chain

Every listed SMH strike within 25% of spot, across the next 6 expirations — calls and puts side by side with last price, volume and open interest, plus the closing bid and ask.

Open interest and pricing as of the close on 2026-09-03. Recomputed every morning before the open.

Spot
$552.60
Call open interest
19,451
Put open interest
34,728
Put/call (volume)
0.96

16,846 contracts changed hands across these expirations — 8,591 calls against 8,255 puts. Calls outtraded puts 1.04 to one.

Sep 08, 20263 days

call OI 867 · put OI 11,707
CallsStrikePuts
LastVolOILastVolOI
4152
4201
124.7914254
4309,611
4351
4402
4450.0342
4500.04212
4550.1616
4603
14650.0237
4700.044226
4750.04624
4800.04132
4850.0723
104900.17212
4950.10136
1497.522
45.47115000.08538
64502.50.10216
15050.09415
507.50.132211
5100.28238
5512.50.23667
5150.261980
517.50.261630
5200.382440
522.50.50437
15250.421128
527.50.551445
35300.6325221
21.1011532.50.79302264
45350.981254
537.51.48177
15.20465401.709171
7.6223542.52.125375
7.4031145452.761248
7.01372547.53.343171
7.0322115504.4024124
5.8011011552.56.00354
4.45104955556.55542
3.5016736557.59.20141
2.57554575604
2.071120562.511.3235
1.39496256513.2047
1.08216567.52
0.7647975704
0.541011572.5
0.39102457524.1035
0.2812539577.52
0.205735058010
0.14131582.52
0.142658537.1512
0.131071587.5
0.1210325901
13592.5
0.0773595
1597.5
0.0539600
2602.5
0.0442605
0.0412607.5
0.03534610
0.1411612.5
8615
5617.5
2620
1622.5
4625
3627.5
3630
6635
1637.5
1640
1645
5650
4655
A dash means the contract did not trade — not a price of zero.

Sep 09, 20264 days

call OI 778 · put OI 1,155
CallsStrikePuts
LastVolOILastVolOI
42041
4252
4303
4352
44061
4457
4506
4551
4601
4652
147021
147513
14804
14850.12118
104900.2714
1492.50.2112
14950.145755
5497.50.2422
15003
1502.50.2722
5050.3718
4507.50.3624
45100.301039
512.50.3526
5150.73220
5517.518
1052091
522.52.072643
65250.911662
16.602527.50.892140
5301.011,2627
7532.51.2353397
5351.741352
13.2554537.51.94335
11.31255402.561221
9.5722542.54.401475
6.25525454.07659
6.3566547.533
8.5314105505.401643
7.05103552.56.50417
4.601621765557.731231
4.5813050557.513
3.454315156017.24214
2.85115562.510
2.24279356516.80132
24567.520.95437
1.2581657028
2572.5
0.60245751
0.594577.5
0.40411580
0.29311582.5
0.24157585
19587.59
3590
1592.5
14595
15600
1602.5
3605
1607.5
3610
2612.5
6615
6617.5
5622.5
4625
1630
5632.5
1650
1665
A dash means the contract did not trade — not a price of zero.

Sep 10, 20265 days

call OI 374 · put OI 1,292
CallsStrikePuts
LastVolOILastVolOI
4151
4200.0743
4250.0713
4306
4359
4402
4452
4501
4552
4605
4657
4702
4755
480192
4853
4903
492.53
497.50.4931
53.0035000.4244
502.50.523
5050.70218
507.50.7097
510129
512.50.941336
51523
517.51.09463
5200.95992
522.51.08110
5251.3038
527.51.3433
5301.801828
532.52.03554
5352.30494
12.757537.55.001139
35403.36623
10542.511
8.34185458.5025
9.0023547.55.7535
7.603845506.381112
7.40283552.57.4534
6.30507955510.2527
5.7052557.531
2.8811656028
3.53788562.52
3.4815817565
1.80132567.5
2.001011570
1572.57
0.8521457510
0.7151577.510
0.76335801
0.4426582.53
0.42265859
0.3511587.56
1590
5592.5
6595
1597.5
12600
5605
4607.5
6610
1612.5
22615
4617.5
20620
2622.5
0.1617625
0.13128627.5
9630
4632.5
3635
3637.5
1640
1660
1670
A dash means the contract did not trade — not a price of zero.

Sep 11, 20266 days

call OI 15,937 · put OI 20,185
CallsStrikePuts
LastVolOILastVolOI
41527
11420204
1425133
43064
43542
44042
4450.11398
14500.1040157
14550.083065
4600.09491,289
44650.132430
4700.2020191
4750.173688
70.4334800.18110392
482.50.19154
14850.2016252
63.551487.50.312162
14900.26287345
492.50.33552
57.661444950.32299132
497.50.382042
44.11495000.417321,262
2502.50.804828
45.93325050.5491626
507.50.6724101
5100.74374458
2512.50.789676
36.95115150.9024716
2517.51.0266146
25.884135201.231881,606
3522.51.4218172
27.631135251.74671192
21.2546527.51.9033231
24.757385302.323382,126
11532.52.7160328
18.6011165353.191671,439
17.5013825537.53.8018287
18.017445404.40255275
15.6510108542.54.904371
13.901,1241,3595455.7081294
12.8049134547.56.55239238
10.963421895507.78582,632
9.2679145552.58.702250
8.251415255510.1113179
4.153075557.516.25253
5.8733613356012.93421,526
4.90144194562.516.00472
4.1511044956518.201168
3.6525146567.517.276102
2.946792,29557022.09350110
2.354964572.557
2.0515050557525.00151
1.622798577.512
1.3653777558030.73155
1.0710124582.56
0.7412498358533.141228
0.501135587.511
0.536117059040.23460
0.4791226592.59
0.367111759540
0.271063597.510
0.2250827360047.643043
0.1810110602.53
1,13660553.4010925
0.152012607.5
0.13473550610
16612.5
0.11672615
25617.5
0.0883723620
0.0861622.5
0.07291625
6627.5
663630
3632.5
1,518635
4637.5
0.052142640
2642.5
43645
1647.5
0.02104171650
0.0311666655
95660
516665
0.10849670
0.081105675
72680
0.08210685
12690
A dash means the contract did not trade — not a price of zero.

Sep 14, 20269 days

call OI 326 · put OI 288
CallsStrikePuts
LastVolOILastVolOI
4801
4850.4771
56.4914906
4953
51.4511250022
5051.3812
5101.04225
5151.62121
5202.1012141
52512
5304.00515
5353
13.331125405.55113
25456.60421
11.552035508.3944
6.5514455514.0017
6.65915656014.42137
4.857185651
3.7215657021.4012
2.27668575
1.30421580
1.15595851
0.83113590
1595
17600
0.2741605
0.2021610
1615
1620
A dash means the contract did not trade — not a price of zero.

Sep 15, 202610 days

call OI 1,169 · put OI 101
CallsStrikePuts
LastVolOILastVolOI
4850.6331
4900.4171
55001.0815
5051
5151
5203.34135
5252.5294
24.3025304.6522
25407.21210
14.5812115457.01639
11.4078625509.803
9.50642425551
7.251115560
4.2054156518.7531
11570
4575
1580
7585
1590
2595
4600
1615
A dash means the contract did not trade — not a price of zero.

How to read this chain

Calls sit on the left, puts on the right, and every row is one strike. The highlighted row is the strike closest to spot. Open interest is the number of contracts still outstanding at that strike — positions that exist right now. Volume is how many traded on the session shown. Open interest builds slowly and marks where positioning has accumulated; volume spikes and marks where attention went today.

Strikes with no open interest and no trades on either side are omitted, and the ladder is trimmed to within 25% of spot — the far wings are almost entirely empty and say nothing about positioning.

More on SMH

Weekly options-market digest

Sundays. What moved this week, what catalysts and earnings drive next week, and which 5-pillar setups stand out.

Free. One email per week. Unsubscribe with one click.

Educational, not investment advice. Options involve risk. Open interest is reported with a one-session lag by OCC, so these levels describe positioning as of the last settled session, not live intraday flow.