SMH Most Active Options
The 19 most actively traded SMH option contracts at the latest daily snapshot, ranked by volume. Each row shows the contract's price, implied volatility, delta, open interest, and how today's volume compares with its own 30-day average — click a contract to analyze it in the OptiView platform.
Data as of Jul 10, 2026, 8:00 PM ET · OPRA data 15 minutes delayed · For information only — not investment advice.
Most Active SMH Contracts
| Contract | Expiration | DTE | Last | IV | IV rank (30d) | Delta | Open interest | Volume | vs 30d avg |
|---|---|---|---|---|---|---|---|---|---|
| SMH $440 put | Jul 17, 2026 | 7d | $0.20 | 99.9% | 32 | -0.01 | 30,867 | 43,054 | 51.5× avg |
| SMH $350 put | Jul 17, 2026 | 7d | $0.07 | 140.8% | 9 | -0.00 | 4,017 | 27,017 | 32.7× avg |
| SMH $400 put | Jul 17, 2026 | 7d | $0.04 | 111.9% | 1 | -0.00 | 8,347 | 7,143 | 8.6× avg |
| SMH $480 put | Jul 17, 2026 | 7d | $0.50 | 84.1% | 15 | -0.02 | 11,293 | 6,843 | 8.2× avg |
| SMH $460 put | Jul 17, 2026 | 7d | $0.38 | 90.7% | 22 | -0.01 | 27,746 | 4,597 | 5.5× avg |
| SMH $487.5 put | Jul 13, 2026 | 3d | $0.03 | 88.5% | 3 | -0.00 | 148 | 3,095 | 5.8× avg |
| SMH $640 call | Jul 17, 2026 | 7d | $5.30 | 45.0% | 24 | 0.24 | 15,212 | 2,670 | 12.5× avg |
| SMH $600 put | Jul 13, 2026 | 3d | $3.30 | 35.5% | 5 | -0.27 | 189 | 2,551 | 2.0× avg |
| SMH $590 put | Jul 17, 2026 | 7d | $8.25 | 51.1% | 33 | -0.29 | 7,210 | 2,425 | 3.1× avg |
| SMH $600 call | Aug 21, 2026 | 42d | $51.15 | 54.3% | 50 | 0.59 | 6,075 | 2,144 | 45.2× avg |
| SMH $500 put | Aug 21, 2026 | 42d | $9.75 | 60.9% | 27 | -0.14 | 22,536 | 2,071 | 6.9× avg |
| SMH $580 put | Aug 21, 2026 | 42d | $29.33 | 54.9% | 21 | -0.35 | 5,954 | 2,069 | 9.2× avg |
| SMH $650 call | Sep 18, 2026 | 70d | $40.95 | 51.4% | 49 | 0.45 | 2,488 | 2,033 | 24.5× avg |
| SMH $800 call | Sep 18, 2026 | 70d | $8.10 | 49.1% | 21 | 0.13 | 1,094 | 2,004 | 44.0× avg |
| SMH $675 call | Sep 18, 2026 | 70d | $32.90 | 50.8% | 44 | 0.38 | 718 | 2,000 | 24.1× avg |
| SMH $500 put | Jul 17, 2026 | 7d | $0.70 | 78.4% | 9 | -0.03 | 20,683 | 1,924 | 2.3× avg |
| SMH $590 put | Jul 13, 2026 | 3d | $1.70 | 39.4% | 9 | -0.15 | 187 | 1,781 | 1.4× avg |
| SMH $445 put | Jul 17, 2026 | 7d | $0.26 | 96.6% | 28 | -0.01 | 3,952 | 1,601 | 1.9× avg |
| SMH $610 put | Jul 24, 2026 | 14d | $23.39 | 51.2% | 19 | -0.47 | 603 | 1,570 | 2.5× avg |
Ranked by volume at the latest daily snapshot. "vs 30d avg" compares today's volume with the contract's own 30-day average.
The most active SMH contract today is the $440 put expiring in 7 days, with 43,054 contracts traded. Puts dominate the most-active list (14 of the top 19), showing where trading interest concentrates. 14 of these contracts are running well ahead of the usual daily volume.
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SMH Options FAQ
Which SMH option contract is most active today?
The most traded SMH contract is the $440 put expiring Jul 17, 2026, with 43,054 contracts traded as of Jul 10, 2026.
How does OptiView rank the most active SMH options?
The table lists the 19 SMH contracts with the highest volume at the latest daily snapshot, alongside price, implied volatility, delta, open interest, and each contract's volume versus its own 30-day average.
Methodology. IV rank compares the current 30-day at-the-money implied volatility with its highest and lowest values over the past 52 weeks. Max pain is the strike that minimizes the total payout to option holders at expiration. The call and put walls are the strikes carrying the largest call and put open interest across all expirations. Net gamma exposure (GEX) is measured from the dealer perspective. All statistics are derived from delayed OPRA options data.
Options trading involves significant risk, and losses can exceed your initial investment. Always consult a licensed financial professional before making investment decisions. OptiView does not provide financial advice; all figures on this page are descriptive statistics, not recommendations.