SMH Most Active Options
The 13 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 Oct 9, 2026, 3:55 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 $465 put | Oct 16, 2026 | 7d | $0.08 | 70.9% | 23 | -0.00 | 832 | 49,680 | 65.1× avg |
| SMH $425 put | Oct 16, 2026 | 7d | $0.04 | 92.0% | 10 | -0.00 | 3,273 | 44,083 | 102.3× avg |
| SMH $450 put | Oct 16, 2026 | 7d | $0.05 | 76.7% | 26 | -0.00 | 12,909 | 12,272 | 16.1× avg |
| SMH $590 put | Oct 16, 2026 | 7d | $5.01 | 33.5% | 63 | -0.29 | 5,016 | 8,429 | 49.3× avg |
| SMH $560 put | Oct 16, 2026 | 7d | $1.20 | 38.9% | 14 | -0.07 | 7,552 | 6,940 | 99.2× avg |
| SMH $582.5 put | Oct 16, 2026 | 7d | $3.30 | 34.3% | 66 | -0.21 | 879 | 6,082 | 35.6× avg |
| SMH $550 put | Oct 16, 2026 | 7d | $0.64 | 41.3% | 16 | -0.05 | 15,707 | 3,390 | 48.5× avg |
| SMH $530 put | Jan 15, 2027 | 98d | $13.98 | 36.5% | 38 | -0.20 | 8,729 | 2,453 | 100.4× avg |
| SMH $595 put | Oct 16, 2026 | 7d | $6.55 | 32.1% | 56 | -0.35 | 3,362 | 2,166 | 12.7× avg |
| SMH $560 put | Oct 23, 2026 | 14d | $2.89 | 36.2% | 19 | -0.13 | 2,481 | 2,032 | 15.3× avg |
| SMH $510 put | Oct 16, 2026 | 7d | $0.22 | 51.6% | 12 | -0.01 | 4,284 | 1,777 | 2.3× avg |
| SMH $630 call | Oct 16, 2026 | 7d | $1.78 | 28.5% | 50 | 0.15 | 8,703 | 1,717 | 9.9× avg |
| SMH $630 call | Oct 30, 2026 | 21d | $8.20 | 30.1% | 10 | 0.30 | 531 | 1,674 | 7.4× 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 $465 put expiring in 7 days, with 49,680 contracts traded. Puts dominate the most-active list (11 of the top 13), showing where trading interest concentrates. 12 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 $465 put expiring Oct 16, 2026, with 49,680 contracts traded as of Oct 9, 2026.
How does OptiView rank the most active SMH options?
The table lists the 13 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.