SMH option chain VanEck Semiconductor ETF

Expiration Cboe delayed options data · as of 15:43 UTC

Each row is one strike. The left half is the call, the right half the put. Bid/ask are what buyers and sellers currently quote; volume is contracts traded this session; open interest is standing contracts. The highlighted row sits closest to the stock price.

This expiration prices a move of about ±13.5% (482.39–633.59) · ATM IV 34.5% · P/C open interest 1.44

CALLS								Strike	PUTS
Bid	Ask	Vol	OIThe number of option contracts currently outstanding at a strike or expiration. High open interest shows where positions are concentrated.	IV	ΔModel sensitivity of an option's price to a $1 move in the stock; also used as a rough moneyness scale (a 25-delta option is well out of the money).	Γ	Θ		Bid	Ask	Vol	OI	IV	Δ	Γ	Θ
278.55	281.90		123	62.8%	0.99	0.0001	-0.002	280	0.1600	1.32		1,027	66.5%	-0.01	0.0001	-0.027
273.65	277.45		150	65.6%	0.99	0.0002	-0.003	285	0.1700	1.32		484	65.1%	-0.01	0.0002	-0.028
268.70	272.55		158	64.5%	0.99	0.0002	-0.005	290	0.2100	1.00		1,144	61.7%	-0.01	0.0002	-0.029
263.80	267.50		124	62.8%	0.99	0.0002	-0.007	295	0.2400	1.59		746	64.0%	-0.01	0.0002	-0.030
258.75	262.50		967	60.5%	0.99	0.0002	-0.008	300	0.2700	1.53		1,988	62.3%	-0.01	0.0002	-0.032
253.85	257.45		526	58.9%	0.99	0.0002	-0.010	305	0.3100	1.73		507	62.0%	-0.01	0.0002	-0.033
248.95	252.25	16	97	56.3%	0.98	0.0002	-0.012	310	0.3400	1.81		264	61.1%	-0.02	0.0002	-0.035
244.20	248.00		29	59.8%	0.98	0.0002	-0.014	315	0.4200	1.78		3,592	59.8%	-0.02	0.0002	-0.036
239.15	242.60		553	55.8%	0.98	0.0003	-0.016	320	0.4800	1.96		1,918	59.3%	-0.02	0.0003	-0.038
234.25	238.45		91	58.3%	0.98	0.0003	-0.019	325	0.6500	2.06		318	58.9%	-0.02	0.0003	-0.040
229.40	233.15		372	55.9%	0.98	0.0003	-0.021	330	0.5800	2.15		500	57.6%	-0.02	0.0003	-0.041
224.50	228.50		56	55.9%	0.98	0.0003	-0.023	335	0.6800	2.25		2,340	56.8%	-0.02	0.0003	-0.043
219.65	223.50		264	54.7%	0.98	0.0004	-0.026	340	0.7900	2.18		1,405	55.5%	-0.02	0.0004	-0.045
214.75	218.25		271	52.5%	0.98	0.0004	-0.028	345	0.9100	2.30		124	54.9%	-0.02	0.0004	-0.047
209.90	213.30		394	51.6%	0.97	0.0004	-0.031	350	1.24	2.19	1	4,403	54.1%	-0.03	0.0004	-0.050
205.20	208.65		141	52.0%	0.97	0.0004	-0.034	355	1.12	2.78	2	132	54.0%	-0.03	0.0004	-0.052
200.20	203.70		273	50.5%	0.97	0.0005	-0.037	360	1.39	2.59	1	1,268	52.8%	-0.03	0.0005	-0.054
195.50	198.95		365	50.4%	0.97	0.0005	-0.040	365	1.60	2.78		237	52.3%	-0.03	0.0005	-0.057
190.55	194.35		949	50.0%	0.96	0.0006	-0.043	370	1.87	2.92	2	3,308	51.9%	-0.04	0.0006	-0.060
185.90	189.20		147	48.9%	0.96	0.0006	-0.046	375	2.01	3.05		1,353	51.0%	-0.04	0.0006	-0.063
181.00	185.00		155	49.3%	0.96	0.0006	-0.050	380	2.19	2.59		3,227	49.1%	-0.04	0.0007	-0.066
176.35	179.70		103	47.9%	0.96	0.0007	-0.054	385	2.33	2.95		1,618	48.7%	-0.04	0.0007	-0.069
171.45	175.25		205	47.6%	0.95	0.0008	-0.058	390	2.52	3.15	3	1,235	48.0%	-0.05	0.0008	-0.073
166.85	170.20		219	46.7%	0.95	0.0008	-0.062	395	2.72	3.35	2	187	47.4%	-0.05	0.0008	-0.076
161.95	165.50	6	5,354	45.8%	0.94	0.0009	-0.066	400	3.10	3.35	20	7,507	46.6%	-0.06	0.0009	-0.080
157.40	161.05		152	45.9%	0.94	0.0009	-0.070	405	2.90	4.55		188	46.8%	-0.06	0.0009	-0.084
152.55	156.35	17	701	45.1%	0.93	0.0010	-0.075	410	3.45	4.45		226	46.0%	-0.06	0.0010	-0.088
148.05	151.40		121	44.3%	0.93	0.0011	-0.079	415	3.75	5.05		473	45.9%	-0.07	0.0011	-0.093
143.25	147.45	17	575	44.5%	0.92	0.0012	-0.084	420	4.10	5.50	1	666	45.4%	-0.08	0.0012	-0.097
138.80	142.40		107	43.5%	0.92	0.0012	-0.089	425	4.45	4.95		359	43.8%	-0.08	0.0012	-0.102
134.05	137.70		373	42.6%	0.91	0.0013	-0.094	430	4.85	5.55	30	625	43.5%	-0.09	0.0013	-0.106
129.65	133.70		401	42.9%	0.91	0.0014	-0.099	435	5.10	6.70		297	43.6%	-0.09	0.0014	-0.111
125.20	128.90		198	42.1%	0.90	0.0015	-0.105	440	5.70	7.05	1	398	43.1%	-0.10	0.0015	-0.117
120.55	124.30		266	41.3%	0.89	0.0016	-0.110	445	6.25	7.85		320	43.0%	-0.11	0.0016	-0.122
116.15	119.90		678	40.9%	0.88	0.0017	-0.116	450	6.75	7.90		4,355	42.0%	-0.12	0.0017	-0.127
111.80	115.90		73	40.9%	0.87	0.0018	-0.122	455	7.30	8.00		134	41.1%	-0.13	0.0018	-0.132
107.45	111.30		285	40.2%	0.86	0.0019	-0.128	460	7.95	8.55	17	1,249	40.6%	-0.14	0.0020	-0.138
103.20	107.05		110	39.8%	0.85	0.0021	-0.134	465	8.60	10.25	3	264	40.9%	-0.15	0.0021	-0.143
99.00	103.20		697	39.7%	0.84	0.0022	-0.139	470	9.35	11.10	3	996	40.6%	-0.16	0.0022	-0.149
94.80	98.60		220	39.0%	0.83	0.0023	-0.145	475	10.15	11.50	14	1,244	39.9%	-0.17	0.0023	-0.154
90.75	94.45	1	387	38.6%	0.82	0.0024	-0.151	480	11.00	13.00	6	1,101	39.9%	-0.18	0.0025	-0.160
86.75	90.70		150	38.4%	0.81	0.0026	-0.157	485	11.95	13.90	2	562	39.5%	-0.19	0.0026	-0.166
82.85	86.80		297	38.1%	0.79	0.0027	-0.162	490	12.90	14.55	1	3,878	38.9%	-0.21	0.0027	-0.171
78.95	82.85		177	37.8%	0.78	0.0028	-0.168	495	13.95	15.90	100	405	38.7%	-0.22	0.0028	-0.176
75.10	78.80		480	37.2%	0.76	0.0030	-0.173	500	15.15	16.20	72	8,694	37.8%	-0.24	0.0030	-0.181
71.15	75.05		261	36.8%	0.75	0.0031	-0.178	505	16.35	18.25		374	38.0%	-0.25	0.0031	-0.186
67.55	71.30		411	36.5%	0.73	0.0032	-0.183	510	17.65	19.00	62	541	37.3%	-0.27	0.0032	-0.190
64.00	67.80		204	36.2%	0.72	0.0033	-0.188	515	19.00	21.15	6	852	37.4%	-0.29	0.0034	-0.195
60.55	64.40	1	534	36.0%	0.70	0.0034	-0.192	520	20.50	22.30	14	2,534	36.9%	-0.30	0.0035	-0.198
57.15	61.15		6,051	35.8%	0.68	0.0036	-0.196	525	22.10	23.90	12	7,776	36.6%	-0.32	0.0036	-0.202
54.00	57.70	20	332	35.5%	0.66	0.0037	-0.199	530	23.80	25.00	29	12.8K	36.0%	-0.34	0.0037	-0.205
50.75	54.25	1	377	35.0%	0.65	0.0038	-0.202	535	25.00	27.80	5	879	36.0%	-0.36	0.0038	-0.207
47.75	50.95	3	337	34.7%	0.63	0.0039	-0.204	540	27.45	29.70	31	1,208	36.0%	-0.38	0.0039	-0.210
45.15	48.25	3	363	34.8%	0.61	0.0040	-0.206	545	29.50	31.05	24	1,135	35.4%	-0.40	0.0040	-0.211
42.40	44.90	25	2,132	34.4%	0.59	0.0040	-0.208	550	31.45	33.00	116	4,978	35.0%	-0.42	0.0041	-0.212
40.35	42.30	59	513	34.6%	0.57	0.0041	-0.209	555	33.75	35.40	129	688	34.9%	-0.44	0.0042	-0.213
37.05	39.55	35	638	34.0%	0.54	0.0042	-0.209	560	36.15	38.45		1,745	35.1%	-0.46	0.0042	-0.213
34.55	37.00	2	563	33.8%	0.52	0.0042	-0.209	565	38.25	40.90	1	1,368	34.7%	-0.48	0.0043	-0.213
32.15	34.55		418	33.6%	0.50	0.0042	-0.208	570	41.00	43.55	3	994	34.6%	-0.50	0.0043	-0.212
29.85	32.20	9	593	33.4%	0.48	0.0043	-0.207	575	43.75	46.25	30	858	34.5%	-0.53	0.0044	-0.210
27.70	30.00	9	784	33.2%	0.46	0.0043	-0.205	580	46.50	48.95	6	5,010	34.2%	-0.55	0.0044	-0.208
25.60	27.90	2	655	33.1%	0.44	0.0043	-0.203	585	49.35	51.95	2	321	34.1%	-0.57	0.0044	-0.206
24.70	25.90	4	1,047	33.4%	0.42	0.0043	-0.200	590	52.40	55.05		679	34.0%	-0.59	0.0044	-0.203
21.75	23.95	2	1,649	32.7%	0.40	0.0042	-0.197	595	55.30	58.75	34	2,032	34.0%	-0.61	0.0044	-0.199
21.00	22.20	31	4,493	33.0%	0.38	0.0042	-0.193	600	58.75	62.00	6	3,031	34.0%	-0.63	0.0043	-0.196
18.35	20.55	2	460	32.4%	0.36	0.0041	-0.189	605	61.70	65.35		350	33.7%	-0.65	0.0043	-0.191
17.00	18.95	4	1,666	32.4%	0.34	0.0041	-0.184	610	65.25	68.80		494	33.7%	-0.67	0.0042	-0.187
15.35	17.45	18	938	32.1%	0.32	0.0040	-0.179	615	69.05	72.35		296	33.7%	-0.69	0.0042	-0.182
15.25	16.05	12	4,110	32.6%	0.30	0.0039	-0.174	620	72.50	76.00		312	33.5%	-0.71	0.0041	-0.177
12.70	14.80	10	1,054	31.9%	0.28	0.0038	-0.169	625	76.35	79.35	1	2,131	33.2%	-0.73	0.0040	-0.172
11.90	13.60	3	803	31.9%	0.27	0.0037	-0.163	630	80.30	83.20	1	247	33.2%	-0.75	0.0039	-0.167
10.85	12.50	3	286	31.9%	0.25	0.0036	-0.157	635	84.25	87.15	4	81	33.2%	-0.77	0.0038	-0.161
9.65	11.50	17	2,141	31.7%	0.23	0.0034	-0.151	640	87.75	91.20	5	168	32.9%	-0.79	0.0037	-0.156
8.85	10.55	172	1,764	31.7%	0.22	0.0033	-0.145	645	92.35	95.30		75	33.2%	-0.80	0.0036	-0.151
8.20	9.65	353	9,317	31.7%	0.20	0.0032	-0.139	650	95.75	99.45	9	496	32.6%	-0.82	0.0035	-0.145
7.05	8.85	2	844	31.4%	0.19	0.0031	-0.132	655	100.80	103.75		30	33.2%	-0.83	0.0034	-0.140
6.50	8.10	4	964	31.5%	0.18	0.0029	-0.126	660	104.85	108.05		113	33.0%	-0.85	0.0033	-0.134
6.00	7.40		396	31.5%	0.16	0.0028	-0.120	665	109.35	112.45		48	33.1%	-0.86	0.0032	-0.129
5.85	6.75	13	1,630	31.8%	0.15	0.0027	-0.114	670	113.90	116.95		1,017	33.2%	-0.88	0.0031	-0.124
5.10	6.20	75	1,963	31.7%	0.14	0.0025	-0.108	675	118.40	121.45		17	33.3%	-0.89	0.0030	-0.120
4.50	5.65	9	1,639	31.6%	0.13	0.0024	-0.103	680	122.75	125.90		20	33.0%	-0.90	0.0029	-0.115
4.10	5.15	1	423	31.6%	0.12	0.0023	-0.097	685	126.80	130.55		68	32.5%	-0.91	0.0028	-0.109
3.90	4.70		380	31.8%	0.11	0.0022	-0.092	690	131.85	135.30		19	33.1%	-0.93	0.0028	-0.104
3.45	4.45		687	31.9%	0.10	0.0020	-0.087	695	137.00	139.95		11	33.7%	-0.94	0.0026	-0.100
3.15	3.95	351	4,769	31.8%	0.10	0.0019	-0.082	700	141.65	144.75		228	33.8%	-0.95	0.0025	-0.097
2.80	3.90		507	32.1%	0.09	0.0018	-0.078	705	146.30	149.55		52	33.7%	-0.95	0.0023	-0.098
2.57	3.55		1,750	32.1%	0.08	0.0017	-0.074	710	151.00	154.35		2	33.7%	-0.96	0.0023	-0.095
2.44	3.20		635	32.2%	0.08	0.0016	-0.070	715	155.95	159.25		6	34.1%	-0.97	0.0022	-0.088
1.92	3.20		250	32.3%	0.07	0.0015	-0.066	720	160.70	164.10		15	34.0%	-0.98	0.0020	-0.076
1.94	2.53	83	753	32.0%	0.07	0.0014	-0.063	725	165.85	169.05		13	35.0%	-0.98	0.0018	-0.063
1.80	2.36	214	94	32.2%	0.06	0.0014	-0.059	730	170.95	174.05		1	35.9%	-0.99	0.0015	-0.045
1.37	2.50		204	32.4%	0.06	0.0013	-0.056	735	175.75	179.05		5	36.2%	-0.99	0.0010	-0.045
1.28	2.55		450	33.0%	0.05	0.0012	-0.053	740	180.10	184.05			34.6%	-0.99	0.0007	-0.045
1.03	2.45		168	33.0%	0.05	0.0011	-0.051	745	185.80	189.05			37.7%	-1.00	0.0004	-0.045
1.48	1.67	6	2,459	33.0%	0.05	0.0011	-0.048	750	190.70	194.05		1	38.1%	-1.00	0.0002	-0.045
1.03	1.54		160	32.4%	0.04	0.0010	-0.046	755	194.95	199.05				-1.00	0.0000	-0.045
0.8600	1.42	1	227	32.3%	0.04	0.0010	-0.044	760	200.45	204.05			38.7%	-1.00	0.0000	-0.045
0.8500	1.81		1,090	33.8%	0.04	0.0009	-0.042	765	204.95	209.05				-1.00	0.0000	-0.045
0.7600	1.83		223	34.2%	0.04	0.0008	-0.040	770	210.80	214.05			41.1%	-1.00	0.0000	-0.045
0.5900	1.69		1,983	34.0%	0.03	0.0008	-0.038	775	215.70	219.05			41.5%	-1.00	0.0000	-0.045
0.5000	1.80	4	155	34.6%	0.03	0.0008	-0.037	780	220.25	224.05			40.5%	-1.00	0.0000	-0.045
0.6600	1.78		82	35.5%	0.03	0.0007	-0.035	785	225.95	229.05			43.5%	-1.00	0.0000	-0.045
0.4000	1.73		210	35.2%	0.03	0.0007	-0.034	790	230.40	234.05			42.4%	-1.00	0.0000	-0.045
0.3500	1.68		88	35.5%	0.03	0.0006	-0.032	795	235.00	239.05			41.1%	-1.00	0.0000	-0.045
0.2900	1.64	5	9,183	35.7%	0.03	0.0006	-0.031	800	240.55	244.05		1	44.2%	-1.00	0.0000	-0.045
0.2400	1.50		1,649	35.7%	0.02	0.0006	-0.030	805	245.85	249.05			45.8%	-1.00	0.0000	-0.045
0.1800	1.56		124	36.2%	0.02	0.0006	-0.029	810	250.75	254.05			46.1%	-1.00	0.0000	-0.045
0.1800	0.6000	2	136	32.8%	0.02	0.0005	-0.028	815	255.45	259.05			45.7%	-1.00	0.0000	-0.045
0.3100	1.39		1,221	37.1%	0.02	0.0005	-0.027	820	260.65	264.05			47.0%	-1.00	0.0000	-0.045
0.1300	1.46		46	37.2%	0.02	0.0005	-0.026	825	265.15	269.05			45.6%	-1.00	0.0000	-0.045
0.1200	1.43		31	37.5%	0.02	0.0005	-0.025	830	269.80	274.05				-1.00	0.0000	-0.045
0.1200	1.41		49	37.9%	0.02	0.0004	-0.024	835	275.10	279.05			46.5%	-1.00	0.0000	-0.045

Strikes shown: within ±50% of the underlying price. Intrinsic value = max(0, price − strike) for calls, max(0, strike − price) for puts; extrinsic = option price − intrinsic. Greeks and IV as computed by the exchange feed.

Volatility smile — Jan 15, 2027

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Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.

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SMH option chain VanEck Semiconductor ETF

Volatility smile — Jan 15, 2027

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