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 ±16.0% (468.59–647.39) · ATM IV 34.5% · P/C open interest 1.88

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
279.60	283.95		4	61.8%	0.98	0.0002	0.000	280	0.4600	1.89		11	60.7%	-0.02	0.0002	-0.030
274.75	278.45		4	58.4%	0.98	0.0002	0.000	285	0.5000	1.97		4	59.8%	-0.02	0.0002	-0.031
269.90	273.70		3	58.0%	0.98	0.0002	0.000	290	0.8200	2.06		130	59.9%	-0.02	0.0002	-0.033
265.05	269.40		1	59.1%	0.98	0.0002	-0.001	295	0.6300	2.11		22	58.1%	-0.02	0.0002	-0.034
260.25	264.45		3	58.1%	0.98	0.0003	-0.003	300	0.6900	2.00		516	56.5%	-0.02	0.0003	-0.035
255.40	259.50		1	56.8%	0.98	0.0003	-0.005	305	0.7800	2.25		24	56.3%	-0.02	0.0003	-0.037
250.60	254.75		1	56.4%	0.98	0.0003	-0.007	310	0.8900	2.30		11	55.5%	-0.02	0.0003	-0.038
245.75	249.90			55.4%	0.97	0.0003	-0.009	315	1.01	2.50		6	55.1%	-0.02	0.0003	-0.040
240.95	245.00			54.5%	0.97	0.0003	-0.011	320	1.12	2.33		46	53.6%	-0.03	0.0003	-0.042
236.15	239.95			53.2%	0.97	0.0004	-0.014	325	1.22	2.69		20	53.5%	-0.03	0.0004	-0.043
231.35	234.85		1	51.7%	0.97	0.0004	-0.016	330	1.34	2.80	1	24	52.8%	-0.03	0.0004	-0.045
226.55	229.95			50.8%	0.97	0.0004	-0.019	335	1.48	2.96	2	14	52.2%	-0.03	0.0004	-0.047
221.75	226.00			52.0%	0.97	0.0004	-0.021	340	1.61	2.79	1	481	50.8%	-0.03	0.0004	-0.049
217.00	220.50			49.9%	0.96	0.0005	-0.024	345	2.06	3.15		6	51.3%	-0.04	0.0005	-0.051
212.25	216.25			50.3%	0.96	0.0005	-0.027	350	1.90	3.40		227	50.2%	-0.04	0.0005	-0.053
207.50	211.45		1	49.6%	0.96	0.0005	-0.030	355	2.07	3.60		97	49.6%	-0.04	0.0005	-0.056
202.75	206.30		5	48.2%	0.96	0.0006	-0.033	360	2.26	3.95		14	49.2%	-0.04	0.0006	-0.058
198.05	201.85			48.1%	0.95	0.0006	-0.036	365	2.46	4.25		31	48.8%	-0.05	0.0006	-0.061
193.35	196.95		1	47.2%	0.95	0.0006	-0.039	370	3.05	3.95	1	76	47.9%	-0.05	0.0007	-0.064
188.65	192.45			47.0%	0.95	0.0007	-0.042	375	3.25	4.60	2	75	47.9%	-0.05	0.0007	-0.066
183.95	187.90		1	46.6%	0.94	0.0007	-0.046	380	3.60	4.15	1	27	46.5%	-0.06	0.0008	-0.069
179.30	183.05		3	45.8%	0.94	0.0008	-0.049	385	3.50	5.30		46	46.7%	-0.06	0.0008	-0.072
174.70	178.30		5	45.2%	0.93	0.0008	-0.053	390	4.10	5.65	2	51	46.6%	-0.06	0.0008	-0.075
170.10	174.10			45.2%	0.93	0.0009	-0.057	395	4.10	5.95		77	45.6%	-0.07	0.0009	-0.078
165.55	169.20		1	44.4%	0.93	0.0010	-0.061	400	4.80	6.10		75	45.3%	-0.07	0.0010	-0.082
161.00	164.80			44.1%	0.92	0.0010	-0.065	405	5.20	5.95	6	65	44.3%	-0.08	0.0010	-0.085
156.45	159.95			43.3%	0.91	0.0011	-0.069	410	5.40	6.50	30	192	43.8%	-0.08	0.0011	-0.089
151.95	156.00			43.4%	0.91	0.0012	-0.073	415	5.75	7.25		179	43.5%	-0.09	0.0012	-0.092
147.50	151.30		2	42.7%	0.90	0.0012	-0.077	420	6.40	7.50		126	43.1%	-0.10	0.0012	-0.096
142.95	146.90		3	42.2%	0.90	0.0013	-0.081	425	6.90	8.10		138	42.8%	-0.10	0.0013	-0.100
138.55	142.25		3	41.6%	0.89	0.0014	-0.086	430	7.45	8.95		86	42.6%	-0.11	0.0014	-0.104
134.25	138.05		4	41.4%	0.88	0.0014	-0.090	435	8.00	9.60		149	42.2%	-0.12	0.0015	-0.108
129.90	133.90		9	41.1%	0.87	0.0015	-0.095	440	8.60	9.90		32	41.6%	-0.13	0.0015	-0.112
125.65	129.35		5	40.6%	0.87	0.0016	-0.099	445	9.25	11.25		38	41.7%	-0.13	0.0016	-0.116
121.40	125.25		118	40.3%	0.86	0.0017	-0.104	450	9.95	11.40		216	40.9%	-0.14	0.0017	-0.120
117.25	121.10			40.0%	0.85	0.0018	-0.108	455	10.70	12.65		88	40.8%	-0.15	0.0018	-0.124
113.15	117.00		22	39.7%	0.84	0.0019	-0.113	460	11.50	13.65		632	40.6%	-0.16	0.0019	-0.128
109.10	112.90		4	39.3%	0.83	0.0020	-0.118	465	12.40	14.00		115	40.0%	-0.17	0.0020	-0.132
105.15	109.05		1	39.2%	0.82	0.0020	-0.122	470	13.30	15.40		74	39.9%	-0.18	0.0021	-0.136
101.20	104.90		2	38.8%	0.81	0.0021	-0.127	475	14.25	16.10		2,163	39.4%	-0.19	0.0022	-0.140
97.35	100.85		82	38.4%	0.80	0.0022	-0.131	480	15.25	17.35		116	39.1%	-0.20	0.0023	-0.144
93.50	97.45		3	38.3%	0.78	0.0023	-0.135	485	16.35	18.60		144	38.9%	-0.22	0.0024	-0.148
89.75	93.15		3	37.8%	0.77	0.0024	-0.139	490	17.55	18.90	1	65	38.2%	-0.23	0.0025	-0.152
86.05	89.60		2	37.6%	0.76	0.0025	-0.143	495	18.75	21.00		220	38.3%	-0.24	0.0026	-0.155
82.05	86.20		39	37.2%	0.75	0.0026	-0.147	500	20.00	22.30		304	38.0%	-0.26	0.0027	-0.159
78.50	82.45	2	7	36.9%	0.73	0.0027	-0.151	505	21.40	23.80	1	223	37.8%	-0.27	0.0028	-0.162
75.05	78.90		283	36.6%	0.72	0.0028	-0.154	510	22.85	25.25		230	37.5%	-0.28	0.0028	-0.165
71.65	75.45		4	36.4%	0.70	0.0029	-0.158	515	24.45	26.80	2	87	37.2%	-0.30	0.0030	-0.168
68.30	72.20		22	36.1%	0.69	0.0030	-0.161	520	26.10	28.00	2	212	36.8%	-0.31	0.0030	-0.171
65.10	69.15		5	36.0%	0.67	0.0031	-0.164	525	27.45	30.15		464	36.6%	-0.33	0.0031	-0.173
62.00	65.80	2	8	35.8%	0.66	0.0031	-0.166	530	29.55	31.95		49	36.5%	-0.35	0.0032	-0.175
58.85	62.60		24	35.4%	0.64	0.0032	-0.168	535	31.20	33.85		2,013	36.2%	-0.36	0.0033	-0.177
55.85	59.90	1	31	35.4%	0.63	0.0033	-0.170	540	33.35	35.75	10	2,299	36.0%	-0.38	0.0034	-0.178
53.00	56.70		56	35.0%	0.61	0.0033	-0.172	545	35.55	37.20	1	122	35.6%	-0.40	0.0034	-0.179
50.75	53.15	14	472	34.8%	0.59	0.0034	-0.173	550	37.60	40.10		380	35.6%	-0.41	0.0035	-0.180
48.00	50.45	4	73	34.6%	0.57	0.0034	-0.174	555	39.85	40.90		681	34.8%	-0.43	0.0036	-0.181
45.45	47.80	1	30	34.4%	0.56	0.0035	-0.175	560	42.20	43.35		731	34.6%	-0.45	0.0036	-0.181
42.90	45.30	2	58	34.2%	0.54	0.0035	-0.175	565	44.80	45.70		69	34.5%	-0.47	0.0036	-0.181
40.60	42.70	4	280	34.1%	0.52	0.0036	-0.175	570	47.15	48.40		618	34.4%	-0.49	0.0037	-0.180
38.15	40.70		59	34.0%	0.50	0.0036	-0.174	575	50.00	51.00		207	34.3%	-0.51	0.0037	-0.179
35.95	38.20		46	33.8%	0.49	0.0036	-0.174	580	52.70	53.70	100	222	34.1%	-0.52	0.0037	-0.178
33.65	36.00		33	33.6%	0.47	0.0036	-0.173	585	55.40	56.75		63	34.0%	-0.54	0.0038	-0.177
31.60	33.90	2	94	33.4%	0.45	0.0036	-0.172	590	58.40	60.80		102	34.3%	-0.56	0.0038	-0.175
29.65	31.90		53	33.3%	0.43	0.0036	-0.170	595	61.55	63.95		157	34.3%	-0.58	0.0038	-0.173
27.75	30.00	1	426	33.1%	0.42	0.0036	-0.168	600	64.40	67.00		49	34.0%	-0.60	0.0037	-0.171
25.95	28.20	2	43	33.0%	0.40	0.0036	-0.166	605	67.80	70.65		33	34.2%	-0.62	0.0037	-0.168
24.30	26.45		97	32.9%	0.38	0.0035	-0.163	610	70.80	73.95		20	33.9%	-0.63	0.0037	-0.166
22.65	24.95	2	75	32.8%	0.37	0.0035	-0.161	615	74.25	77.35		37	33.9%	-0.65	0.0037	-0.162
21.05	23.40	2	62	32.7%	0.35	0.0034	-0.158	620	77.85	80.85		9	33.9%	-0.67	0.0036	-0.159
19.75	21.80	2	27	32.6%	0.33	0.0034	-0.155	625	81.20	84.45		80	33.7%	-0.68	0.0036	-0.156
18.25	20.40	3	259	32.4%	0.32	0.0033	-0.151	630	85.00	88.10		297	33.7%	-0.70	0.0036	-0.152
17.05	19.15		67	32.4%	0.30	0.0033	-0.148	635	88.75	91.85		260	33.7%	-0.72	0.0035	-0.149
16.30	17.80	1	59	32.5%	0.29	0.0032	-0.144	640	92.45	95.30		18	33.4%	-0.73	0.0034	-0.145
14.60	16.65		19	32.2%	0.27	0.0031	-0.140	645	95.75	99.20		2	33.1%	-0.75	0.0034	-0.141
13.90	15.55		147	32.3%	0.26	0.0031	-0.136	650	100.05	103.20		21	33.2%	-0.76	0.0033	-0.137
12.55	14.50		86	32.0%	0.25	0.0030	-0.132	655	104.40	107.25		11	33.3%	-0.78	0.0033	-0.134
11.40	13.50	2	59	31.9%	0.23	0.0029	-0.128	660	108.60	111.35		25	33.4%	-0.79	0.0032	-0.130
10.90	12.60		41	32.0%	0.22	0.0028	-0.124	665	112.60	115.55			33.3%	-0.81	0.0032	-0.126
10.10	11.75		52	32.0%	0.21	0.0027	-0.120	670	116.40	119.75		7	33.0%	-0.82	0.0031	-0.122
9.80	11.00	6	40	32.2%	0.20	0.0026	-0.116	675	120.95	124.05		10	33.2%	-0.83	0.0030	-0.119
8.40	10.35		64	31.9%	0.19	0.0026	-0.112	680	124.90	128.45		11	33.0%	-0.85	0.0030	-0.115
8.15	9.55		65	32.0%	0.18	0.0025	-0.108	685	130.15	132.85		11	33.5%	-0.86	0.0029	-0.112
7.60	8.90	3	38	32.0%	0.17	0.0024	-0.104	690	134.50	137.35		12	33.5%	-0.87	0.0028	-0.108
7.00	8.30		47	32.0%	0.16	0.0023	-0.100	695	139.05	141.90		6	33.7%	-0.88	0.0028	-0.105
6.95	7.70		556	32.3%	0.15	0.0022	-0.096	700	143.40	146.30		3	33.5%	-0.89	0.0027	-0.100
6.10	7.20	3	74	32.1%	0.14	0.0021	-0.092	705	147.55	150.90		1	33.1%	-0.90	0.0027	-0.097
5.70	6.70		239	32.1%	0.13	0.0020	-0.088	710	152.00	155.55		1	33.0%	-0.91	0.0026	-0.094
5.05	6.40	4	53	32.1%	0.12	0.0020	-0.085	715	156.90	160.30			33.4%	-0.92	0.0026	-0.093
4.65	5.85		203	32.0%	0.12	0.0019	-0.082	720	161.35	165.05			33.1%	-0.93	0.0025	-0.091
4.30	5.75		52	32.3%	0.11	0.0018	-0.078	725	166.65	169.80		2	33.9%	-0.94	0.0024	-0.088
4.20	5.10		21	32.3%	0.10	0.0017	-0.075	730	171.15	174.60			33.6%	-0.95	0.0024	-0.089
3.95	4.75		142	32.4%	0.10	0.0016	-0.072	735	175.70	179.45		3	33.4%	-0.96	0.0024	-0.088
3.35	4.80		13	32.4%	0.09	0.0016	-0.069	740	180.65	184.30		8	33.7%	-0.97	0.0023	-0.077
2.96	4.55		16	32.4%	0.09	0.0015	-0.066	745	185.50	189.20			33.8%	-0.97	0.0020	-0.077
3.10	4.20		167	32.8%	0.08	0.0014	-0.064	750	190.70	194.10		30	34.6%	-0.98	0.0018	-0.077
2.75	4.05		66	32.8%	0.08	0.0014	-0.061	755	196.00	199.10			35.8%	-0.98	0.0016	-0.067
2.56	3.80		75	32.9%	0.07	0.0013	-0.059	760	200.75	204.05		3	35.9%	-0.99	0.0012	-0.066
2.15	3.65		1,898	32.8%	0.07	0.0012	-0.057	765	205.70	209.05			36.4%	-0.99	0.0009	-0.066
2.18	3.50		37	33.2%	0.07	0.0012	-0.054	770	210.65	214.05			36.9%	-0.99	0.0006	-0.066
1.82	3.35		101	33.1%	0.06	0.0011	-0.052	775	215.10	219.05			35.7%	-1.00	0.0004	-0.066
1.76	3.20		47	33.3%	0.06	0.0011	-0.050	780	220.10	224.05			36.3%	-1.00	0.0002	-0.066
1.64	2.86		189	33.1%	0.06	0.0010	-0.049	785	224.90	229.05				-1.00	0.0001	-0.066
1.74	2.54		14	33.3%	0.05	0.0010	-0.047	790	230.05	234.05			37.2%	-1.00	0.0000	-0.066
1.37	2.93		30	33.9%	0.05	0.0010	-0.045	795	234.95	239.05				-1.00	0.0000	-0.066
1.18	2.69		104	33.7%	0.05	0.0009	-0.044	800	239.90	244.05				-1.00	0.0000	-0.066
1.08	2.74		20	34.1%	0.05	0.0009	-0.042	805	245.40	249.05			40.2%	-1.00	0.0000	-0.066
1.00	2.44		14	33.9%	0.04	0.0008	-0.041	810	250.00	254.05			39.1%	-1.00	0.0000	-0.066
0.9200	2.42		871	34.2%	0.04	0.0008	-0.039	815	255.05	259.05			39.9%	-1.00	0.0000	-0.066
0.8500	2.35		12	34.4%	0.04	0.0008	-0.038	820	259.95	264.05				-1.00	0.0000	-0.066
0.7900	2.19		10	34.4%	0.04	0.0007	-0.037	825	265.90	269.05			43.6%	-1.00	0.0000	-0.066
0.7300	2.12		5	34.6%	0.04	0.0007	-0.036	830	270.35	274.05			42.7%	-1.00	0.0000	-0.066
0.7300	2.14		26	35.1%	0.04	0.0007	-0.035	835	275.70	279.05			44.2%	-1.00	0.0000	-0.066

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 — Feb 19, 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.

callsputs

SMH option chain VanEck Semiconductor ETF

Volatility smile — Feb 19, 2027

Consumer Cyclical

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