SMH / VanEck ETF Trust - VanEck Semiconductor ETF - Put/Call Ratio, Options Sentiment, Unusual Options Activity

VanEck ETF Trust - VanEck Semiconductor ETF
US ˙ NasdaqGM ˙ US92189F6768

Put/Call Ratios - Forward Looking and Historical

The OI Put/Call Ratio for SMH / VanEck ETF Trust - VanEck Semiconductor ETF is 2.05. The Put/Call Ratio shows the total number of disclosed open put option positions divided by the number of open call options. Since puts are generally a bearish bet and calls are a bullish bet, put/call ratios greater than 1 indicate a bearish sentiment, and ratios less than one indicate a bullish sentiment.

Update Frequency: Daily

See top companies with the most optimistic put/call ratios.

By looking at the put/call ratios of specific expirations, we can deduce what the options markets think of the short, medium, and long-term outlook of the company.
SMH / VanEck ETF Trust - VanEck Semiconductor ETF Put/Call Ratio by Expiry
Expiry DTX Open Put
Interest
Open Call
Interest
Put/Call
Ratio
2025-09-12 2 145,798
2025-09-19 9 205,024
2025-09-26 16 11,141
2025-10-03 23 3,791
2025-10-10 30 568
2025-10-17 37 60,652
2025-10-24 44 395
2025-11-21 72 38,319
2025-12-19 100 47,687
2026-01-16 128 116,944
2026-02-20 163 2,583
2026-03-20 191 14,594
2026-06-18 281 26,394
2026-09-18 373 5,953
2026-12-18 464 16,022
2027-01-15 492 15,438
2027-06-17 645 1,518
2027-12-17 828 7,640
SMH / VanEck ETF Trust - VanEck Semiconductor ETF Put/Call Ratio
Date Put OI Put OI
(OTM)
Call OI Call OI
(OTM)
Put/Call
Ratio
Put/Call
Ratio (OTM)
2025-09-09 730,364 715,158
2025-09-08 722,288 696,276
2025-09-05 726,438 695,446
2025-09-04 714,764 662,938
2025-09-03 702,318 606,296
2025-09-02 692,115 595,149
2025-08-29 779,686 714,005
2025-08-28 761,978 747,290
2025-08-27 731,266 717,608
2025-08-26 692,129 678,785
2025-08-25 680,453 656,539
2025-08-22 685,928 659,708
2025-08-21 679,041 626,284
2025-08-20 662,396 609,766
2025-08-19 645,608 597,799
2025-08-18 634,797 616,772
2025-08-15 763,475 727,864
2025-08-14 755,789 743,214
2025-08-13 737,923 728,593
2025-08-12 718,244 711,437
Unusual Options Activity - Trade Volume

The Put/Call Ratio shows the total number of disclosed open put option positions divided by the number of open call option options. Since puts are generally a bearish bet and calls are a bullish bet, put/call ratios greater than 1 indicate a bearish sentiment, and ratios less than one indicate a bullish sentiment.

Unusual options activity (UOA) is generally considered a strong signal for a directional price movement. One metric of unusual options activity is the total volume of put or call options divided by the open interest in the same option type. If the total volume of call or put options exceeds the current open interest, then that is considered unusual and indicates a strong directional signal. In the table below, any date on which the volume of an option exceeds the current open interest is highlighted in green (for call options) or red (for put options).

For example, if, on any trading day, the call volume exceeds the current call open interest, then the Call Volume/Call OI ratio will be greater than one and that cell in the able will be highlighted in green. This would indicate a significant purchase of call options, which is a bullish signal. Likewise, if the opposite is true - the put volume exceeds the put open interest, then the table cell would be highlighted in red and represent a strong bearish signal.

Update Frequency: Daily

SMH / VanEck ETF Trust - VanEck Semiconductor ETF Call Options Volume SMH / VanEck ETF Trust - VanEck Semiconductor ETF Put Options Volume
Date Put
Volume
Put
OI
Put Volume
/Put OI
Call
Volume
Call
OI
Call Volume
/Call OI
2025-09-09 19,373 730,364 10,636 364,948
2025-09-08 28,511 722,288 19,283 358,158
2025-09-05 147,927 726,438 25,456 368,953
2025-09-04 106,355 714,764 16,768 366,618
2025-09-03 37,056 702,318 15,771 361,499
2025-09-02 60,503 692,115 21,330 354,996
2025-08-29 139,662 779,686 38,254 369,327
2025-08-28 74,923 761,978 21,944 363,497
2025-08-27 61,806 731,266 25,145 353,242
2025-08-26 60,116 692,129 22,774 344,143
2025-08-25 25,818 680,453 13,438 339,048
2025-08-22 117,432 685,928 24,443 347,223
2025-08-21 37,310 679,041 14,428 343,618
2025-08-20 77,032 662,396 40,652 339,482
2025-08-19 40,735 645,608 15,380 334,999
2025-08-18 30,231 634,797 12,307 333,162
2025-08-15 127,890 763,475 36,975 398,771
2025-08-14 27,627 755,789 14,999 398,799
2025-08-13 44,959 737,923 26,494 385,712
2025-08-12 63,544 718,244 19,645 382,067
2025-08-11 114,398 686,608 12,222 379,976
2025-08-08 84,922 730,874 23,828 392,828
2025-08-07 65,095 718,950 22,169 390,777
2025-08-06 45,298 706,273 23,698 383,604
2025-08-05 57,198 684,966 17,010 378,083
Source: CBOE
Option Premium Bought/Sold - Total Market

Update Frequency: Daily

Date Put
Premium Bought
Put
Premium Sold
Net Put
Premium Bought
Call
Premium Bought
Call
Premium Sold
Net Call
Premium Bought
Net Long
Premium Bought
2025-09-09 2,390,570 3,206,930 -816,360 6,538,030 3,300,730 3,237,300 4,053,660
2025-09-08
2025-09-05
2025-09-04
2025-09-03
2025-09-02
2025-08-29
2025-08-28
2025-08-27
2025-08-26
2025-08-25
2025-08-22
2025-08-21
2025-08-20
2025-08-19
2025-08-18
2025-08-15
2025-08-14
2025-08-13
2025-08-12
Source: CBOE
Option Greeks - Delta, Gamma, Theta

Update Frequency: Daily

Date Put Θ
(Avg)
Call Θ
(Avg)
Θ
(Avg)
Put Γ
(Avg)
Call Γ
(Avg)
Γ
(Avg)
Put Δ
(Avg)
Call Δ
(Avg)
Δ
(Avg)
2025-09-09
2025-09-08
2025-09-05
2025-09-04
2025-09-03
2025-09-02
2025-08-29
2025-08-28
2025-08-27
2025-08-26
2025-08-25
2025-08-22
2025-08-21
2025-08-20
2025-08-19
2025-08-18
2025-08-15
2025-08-14
2025-08-13
2025-08-12
Option Trading Volume - Total Market

Update Frequency: Daily

Date Put
Volume
Put Volume
(20d ma)
Put
Volume/20ma (%)
Call
Volume
Call Volume
(20d ma)
Call
Volume/20ma (%)
Total Volume Put/Call
Volume
Put/Call
Volume (20d ma)
2025-09-09 19,373 71,539 27.08 10,636 21,987 48.37 30,009 1.82 3.25
2025-09-08
2025-09-05
2025-09-04
2025-09-03
2025-09-02
2025-08-29
2025-08-28
2025-08-27
2025-08-26
2025-08-25
2025-08-22
2025-08-21
2025-08-20
2025-08-19
2025-08-18
2025-08-15
2025-08-14
2025-08-13
2025-08-12
Source: CBOE
Option Trading Volume - Exchange

Update Frequency: Daily

Date CBOE C2 EDGX BZX PHLX NASDAQ BX GEMX ISE MRX AMEX ARCA MIAX PEARL EMLD BOX Total
2025-09-09 2,494 1,029 890 2,131 2,355 1,688 551 1,799 3,084 484 1,660 3,655 2,190 1,095 1,325 1,157 30,009
2025-09-08 3,964 2,245 1,369 1,721 7,292 1,763 385 1,670 4,051 1,278 3,398 4,540 4,891 845 1,152 3,500 47,794
2025-09-05 7,198 2,923 5,911 5,398 7,874 7,720 1,789 4,187 9,458 2,086 74,284 14,491 6,513 5,672 2,534 7,523 173,383
2025-09-04 22,605 3,224 4,978 4,788 8,646 2,358 557 3,168 6,173 9,781 5,011 12,768 4,411 2,410 1,953 20,814 123,123
2025-09-03 5,354 1,946 2,405 2,343 3,141 2,321 704 2,174 2,793 2,412 5,228 8,274 2,435 1,423 1,382 2,558 52,827
2025-09-02 17,990 3,272 3,520 2,921 8,378 4,083 654 2,299 7,180 2,019 3,833 9,667 3,993 1,241 2,390 4,041 81,833
2025-08-29 13,660 7,633 4,455 6,386 11,086 9,838 2,838 4,279 13,222 3,099 49,598 14,955 8,934 3,184 3,116 8,333 177,916
2025-08-28 10,420 3,147 4,481 4,761 5,903 5,146 1,317 4,511 7,435 1,957 9,719 13,538 4,274 1,857 2,374 6,338 96,867
2025-08-27 7,987 2,959 7,799 3,637 5,297 6,563 752 3,496 4,888 2,246 5,445 9,075 6,012 2,722 2,356 8,572 86,951
2025-08-26 16,037 2,391 3,094 2,793 3,782 1,588 427 1,263 5,027 1,702 20,423 8,945 5,751 1,052 2,341 3,390 82,890
2025-08-25 3,836 834 6,213 1,716 3,772 2,004 413 850 1,439 888 6,375 2,766 1,953 627 1,088 2,372 39,256
2025-08-22 6,697 2,203 3,684 4,001 3,548 1,906 658 2,525 4,231 1,279 89,364 5,380 3,082 2,017 2,062 4,316 141,875
2025-08-21 6,114 2,254 3,789 1,224 3,406 943 508 1,365 3,275 1,670 6,444 7,067 1,839 692 1,750 4,947 51,738
2025-08-20 9,148 2,803 4,958 3,924 12,740 4,656 740 4,982 8,749 2,822 13,470 21,231 4,668 1,995 4,314 10,669 117,684
2025-08-19 6,699 2,197 2,558 2,036 6,964 2,955 532 1,578 4,525 1,900 4,042 6,227 2,439 1,294 2,851 4,296 56,115
2025-08-18 5,482 1,099 1,256 1,268 4,974 2,397 1,117 1,000 2,497 577 3,177 4,971 1,953 691 1,852 3,456 42,538
2025-08-15 16,084 1,883 7,796 4,590 4,052 5,393 824 4,629 5,360 1,629 78,611 14,200 5,163 2,515 1,803 5,094 164,865
2025-08-14 4,705 1,311 4,005 894 2,137 1,377 304 1,716 3,463 1,144 3,445 3,473 2,244 587 1,083 8,229 42,626
2025-08-13 10,487 1,122 1,934 1,503 4,755 2,227 596 2,209 4,137 1,185 20,044 8,427 3,780 921 1,483 4,338 71,453
2025-08-12 7,818 3,330 2,476 5,001 7,444 4,343 572 1,319 7,769 1,398 7,595 14,181 4,481 2,197 2,632 4,394 83,189
Source: CBOE
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