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SMH Options Chain – 2026-11-20

Detailed SMH options chain for 2026-11-20 – real-time call and put contracts with last price, bid/ask, volume, open interest, implied volatility, and in-the-money status.

Tip: Use this page together with the price chart, short-term prediction, and multi-expiry options overview to build a complete view of positioning and risk for SMH.

SMH Call Options — 2026-11-20 Expiration

This page focuses on a single options expiration date for SMH – 2026-11-20 – and lists every available call and put contract in a clean chain view. Each row shows the contract symbol, last trade, bid/ask quotes, daily change, percentage change, trading volume, open interest, implied volatility (IV), and whether the option is currently in-the-money (ITM).

Traders often use a specific expiry’s options chain to identify key strike levels, unusual activity, and risk hedging behavior. High open interest around certain strikes or sudden spikes in volume can reveal where large traders and market makers are concentrating their positions for SMH into 2026-11-20.

This SMH 2026-11-20 options chain provides a complete strike-by-strike breakdown of pricing, liquidity and volatility. By comparing changes in volume, open interest distribution and IV across calls and puts, traders can understand where the market is positioning ahead of this specific expiration date.

SMH Call Options — 2026-11-20 Expiration

The table below shows all call options on SMH expiring on 2026-11-20. You can quickly compare strikes, pricing, liquidity (volume and open interest), and implied volatility to spot popular strike zones and potential directional bets.

Contract Strike Last Bid Ask Volume Open Int. Implied Vol ITM
SMH 261120C00380000 380.00 122.87 233 236.75 1 208 160.62% YES
SMH 261120C00340000 340.00 246.35 208.5 213 65 67 0.00% YES
SMH 261120C00425000 425.00 124.4 146 150.2 18 33 0.00% YES
SMH 261120C00345000 345.00 242.95 203.55 208.5 21 24 0.00% YES
SMH 261120C00240000 240.00 384.07 350 354.5 40 21 168.60% YES
SMH 261120C00405000 405.00 261.95 147.5 152 1 5 0.00% YES
SMH 261120C00220000 220.00 404.23 369 373.5 8 5 173.68% YES
SMH 261120C00275000 275.00 274.35 328.3 332.5 2 2 210.14% YES
SMH 261120C00255000 255.00 381.95 335.5 340 0 1 162.20% YES
SMH 261120C00195000 195.00 384.93 438.65 442.6 0 1 422.08% YES
SMH 261120C00215000 215.00 313.85 385.5 389.75 0 1 253.59% YES
SMH 261120C00320000 320.00 195.05 286 290.95 1 1 185.48% YES
SMH 261120C00625000 625.00 12.1 0 0 110 0 3.13%
SMH 261120C00635000 635.00 8.7 0 0 79 0 6.25%
SMH 261120C00440000 440.00 181.27 0 0 12 0 0.00% YES
SMH 261120C00450000 450.00 175.32 0 0 3 0 0.00% YES
SMH 261120C00455000 455.00 158.23 0 0 10 0 0.00% YES
SMH 261120C00460000 460.00 147.9 0 0 1 0 0.00% YES
SMH 261120C00465000 465.00 99.4 0 0 1 0 0.00% YES
SMH 261120C00305000 305.00 304.07 0 0 1 0 0.00% YES
SMH 261120C00315000 315.00 277.3 0 0 1 0 0.00% YES
SMH 261120C00335000 335.00 256.89 0 0 2 0 0.00% YES
SMH 261120C00435000 435.00 176.65 0 0 1 0 0.00% YES
SMH 261120C00445000 445.00 161.44 0 0 2 0 0.00% YES
SMH 261120C00475000 475.00 80.19 0 0 1 0 0.00% YES
SMH 261120C00490000 490.00 100.72 0 0 1 0 0.00% YES
SMH 261120C00500000 500.00 88.15 0 0 15 0 0.00% YES
SMH 261120C00505000 505.00 85.7 0 0 1 0 0.00% YES
SMH 261120C00510000 510.00 98.83 0 0 2 0 0.00% YES
SMH 261120C00515000 515.00 98.9 0 0 3 0 0.00% YES
SMH 261120C00525000 525.00 68.7 0 0 2 0 0.00% YES
SMH 261120C00540000 540.00 61.84 0 0 3 0 0.00% YES
SMH 261120C00560000 560.00 41.25 0 0 21 0 0.00% YES
SMH 261120C00580000 580.00 30.43 0 0 64 0 0.00% YES
SMH 261120C00265000 265.00 319.35 0 0 20 0 0.00% YES
SMH 261120C00295000 295.00 280 0 0 1 0 0.00% YES
SMH 261120C00310000 310.00 237.87 0 0 0 0 0.00% YES
SMH 261120C00470000 470.00 111.97 0 0 1 0 0.00% YES
SMH 261120C00480000 480.00 155.74 0 0 10 0 0.00% YES
SMH 261120C00485000 485.00 112.25 0 0 1 0 0.00% YES
SMH 261120C00495000 495.00 120.1 0 0 1 0 0.00% YES
SMH 261120C00520000 520.00 89.94 0 0 3 0 0.00% YES
SMH 261120C00530000 530.00 112.42 0 0 1 0 0.00% YES
SMH 261120C00535000 535.00 79.65 0 0 4 0 0.00% YES
SMH 261120C00545000 545.00 57.5 0 0 2 0 0.00% YES
SMH 261120C00550000 550.00 46.05 0 0 18 0 0.00% YES
SMH 261120C00555000 555.00 49.76 0 0 1 0 0.00% YES
SMH 261120C00565000 565.00 35.3 0 0 6 0 0.00% YES
SMH 261120C00570000 570.00 34.73 0 0 59 0 0.00% YES
SMH 261120C00590000 590.00 24.61 0 0 111 0 0.20%
SMH 261120C00420000 420.00 217.95 0 0 1 0 0.00% YES
SMH 261120C00300000 300.00 267.33 0 0 7 0 0.00% YES
SMH 261120C00585000 585.00 28.6 0 0 53 0 0.00% YES
SMH 261120C00415000 415.00 190.1 0 0 1 0 0.00% YES
SMH 261120C00575000 575.00 33 0 0 6 0 0.00% YES
SMH 261120C00595000 595.00 23.52 0 0 260 0 0.78%
SMH 261120C00600000 600.00 21 0 0 626 0 1.56%
SMH 261120C00605000 605.00 17.88 0 0 88 0 1.56%
SMH 261120C00610000 610.00 16.07 0 0 158 0 3.13%
SMH 261120C00615000 615.00 15 0 0 3256 0 3.13%
SMH 261120C00620000 620.00 13.25 0 0 200 0 3.13%
SMH 261120C00630000 630.00 9.79 0 0 416 0 3.13%
SMH 261120C00640000 640.00 8.04 0 0 403 0 6.25%
SMH 261120C00645000 645.00 6.68 0 0 27 0 6.25%
SMH 261120C00650000 650.00 6 0 0 273 0 6.25%
SMH 261120C00655000 655.00 4.98 0 0 74 0 6.25%
SMH 261120C00410000 410.00 200.99 0 0 1 0 0.00% YES
SMH 261120C00660000 660.00 4.46 0 0 168 0 6.25%
SMH 261120C00665000 665.00 3.05 0 0 43 0 6.25%
SMH 261120C00670000 670.00 3.42 0 0 78 0 6.25%
SMH 261120C00675000 675.00 2.73 0 0 23 0 6.25%
SMH 261120C00680000 680.00 2.6 0 0 26 0 6.25%
SMH 261120C00705000 705.00 1 0 0 3 0 12.50%
SMH 261120C00710000 710.00 1.05 0 0 159 0 12.50%
SMH 261120C00430000 430.00 140.96 0 0 2 0 0.00% YES
SMH 261120C00685000 685.00 2.26 0 0 46 0 12.50%
SMH 261120C00690000 690.00 1.74 0 0 28 0 12.50%
SMH 261120C00695000 695.00 1.66 0 0 4 0 12.50%
SMH 261120C00700000 700.00 1.51 0 0 274 0 12.50%
SMH 261120C00725000 725.00 0.66 0 0 2 0 12.50%
SMH 261120C00740000 740.00 0.55 0 0 1 0 12.50%
SMH 261120C00760000 760.00 0.42 0 0 33 0 12.50%
SMH 261120C00400000 400.00 221.95 0 0 1 0 0.00% YES
SMH 261120C00200000 200.00 360 0 0 1 0 0.00% YES
SMH 261120C00395000 395.00 191.32 0 0 1 0 0.00% YES
SMH 261120C00245000 245.00 325 0 0 1 0 0.00% YES
SMH 261120C00290000 290.00 310.5 0 0 31 0 0.00% YES
SMH 261120C00730000 730.00 0.64 0 0 25 0 12.50%
SMH 261120C00735000 735.00 0.55 0 0 7 0 12.50%
SMH 261120C00745000 745.00 0.41 0 0 100 0 12.50%
SMH 261120C00750000 750.00 0.52 0 0 3 0 12.50%
SMH 261120C00765000 765.00 0.68 0 0 12 0 12.50%
SMH 261120C00775000 775.00 0.25 0 0 2 0 12.50%
SMH 261120C00390000 390.00 221.2 0 0 10 0 0.00% YES
SMH 261120C00755000 755.00 0.54 0 0 3 0 12.50%
SMH 261120C00780000 780.00 0.25 0 0 7 0 12.50%
SMH 261120C00800000 800.00 0.31 0 0 1 0 25.00%
SMH 261120C00810000 810.00 0.67 0 0 8 0 25.00%
SMH 261120C00190000 190.00 409 0 0 1 0 0.00% YES
SMH 261120C00385000 385.00 217.5 0 0 1 0 0.00% YES
SMH 261120C00375000 375.00 220.5 0 0 2 0 0.00% YES
SMH 261120C00715000 715.00 0.9 0 0 4 0 12.50%
SMH 261120C00720000 720.00 0.88 0 0 12 0 12.50%
SMH 261120C00770000 770.00 1.49 0 0 30 0 12.50%
SMH 261120C00790000 790.00 0.98 0 0 18 0 12.50%
SMH 261120C00795000 795.00 0.61 0 0 8 0 12.50%
SMH 261120C00805000 805.00 0.78 0 0 2 0 25.00%
SMH 261120C00820000 820.00 1.08 0 0 3 0 25.00%
SMH 261120C00825000 825.00 0.67 0 0 2 0 25.00%
SMH 261120C00830000 830.00 0.09 0 0 5 0 25.00%
SMH 261120C00835000 835.00 0.58 0 0 1 0 25.00%
SMH 261120C00840000 840.00 0.31 0 0 2 0 25.00%
SMH 261120C00850000 850.00 0.06 0 0 7 0 25.00%
SMH 261120C00860000 860.00 0.4 0 0 2 0 25.00%
SMH 261120C00370000 370.00 244.4 0 0 3 0 0.00% YES
SMH 261120C00845000 845.00 0.08 0 0 3 0 25.00%
SMH 261120C00855000 855.00 0.07 0 0 1 0 25.00%
SMH 261120C00785000 785.00 1.12 0 0 1 0 12.50%
SMH 261120C00890000 890.00 0.19 0 0 2 0 25.00%
SMH 261120C00270000 270.00 363.24 0 0 1 0 0.00% YES
SMH 261120C00815000 815.00 0.57 0 0 15 0 25.00%
SMH 261120C00900000 900.00 0.32 0 0 1 0 25.00%
SMH 261120C00915000 915.00 0.09 0 0 2 0 25.00%
SMH 261120C00925000 925.00 0.2 0 0 1 0 25.00%
SMH 261120C00940000 940.00 0.04 0 0 11 0 25.00%
SMH 261120C00365000 365.00 272.01 0 0 1 0 0.00% YES
SMH 261120C00880000 880.00 0.31 0 0 6 0 25.00%
SMH 261120C00905000 905.00 0.29 0 0 1 0 25.00%
SMH 261120C00920000 920.00 0.23 0 0 3 0 25.00%
SMH 261120C00930000 930.00 0.11 0 0 3 0 25.00%
SMH 261120C00360000 360.00 274.18 0 0 1 0 0.00% YES
SMH 261120C00865000 865.00 0.25 0 0 1 0 25.00%
SMH 261120C00355000 355.00 74.59 0 0 2 0 0.00% YES
SMH 261120C00230000 230.00 390.17 0 0 2 0 0.00% YES
SMH 261120C00350000 350.00 237.37 0 0 10 0 0.00% YES
SMH 261120C00870000 870.00 0.29 0 0 2 0 25.00%
SMH 261120C00875000 875.00 0.09 0 0 1 0 25.00%
SMH 261120C00885000 885.00 0.01 0 0 1 0 25.00%
SMH 261120C00895000 895.00 0.05 0 0 1 0 25.00%
SMH 261120C00945000 945.00 0.05 0 0 2 0 25.00%
SMH 261120C00965000 965.00 0.05 0 0 26 0 25.00%
SMH 261120C00980000 980.00 0.02 0 0 23 0 25.00%
SMH 261120C00330000 330.00 239 0 0 1 0 0.00% YES
SMH 261120C00325000 325.00 242.5 0 0 1 0 0.00% YES
SMH 261120C00970000 970.00 0.03 0 0 7 0 25.00%
SMH 261120C00910000 910.00 0.27 0 0 1 0 25.00%
SMH 261120C00950000 950.00 0.09 0 0 1 0 25.00%
SMH 261120C00975000 975.00 0.02 0 0 24 0 25.00%
SMH 261120C00955000 955.00 0.08 0 0 18 0 25.00%
SMH 261120C00935000 935.00 0.1 0 0 1 0 25.00%
SMH 261120C00960000 960.00 0.09 0 0 6 0 25.00%
SMH 261120C00225000 225.00 349.5 0 0 0 0 0.00% YES
SMH 261120C00260000 260.00 373.49 0 0 1 0 0.00% YES
SMH 261120C00285000 285.00 273.52 0 0 0 0 0.00% YES

SMH Put Options Chain – 2026-11-20

The table below lists all put options on SMH expiring on 2026-11-20. Use it to track downside protection demand, hedge activity, and deep out-of-the-money puts that may indicate tail-risk hedging or speculation.

Contract Strike Last Bid Ask Volume Open Int. Implied Vol ITM
SMH 261120P00710000 710.00 107.45 142 146.6 21 42 79.80% YES
SMH 261120P00205000 205.00 0.96 0 5 3 24 177.69%
SMH 261120P00725000 725.00 219.1 156.65 161 15 3 83.56% YES
SMH 261120P00730000 730.00 119.4 158 162.2 0 2 78.79% YES
SMH 261120P00800000 800.00 193.78 217 221.5 1 1 73.41% YES
SMH 261120P00745000 745.00 204.13 145.8 149.3 0 1 0.00% YES
SMH 261120P00795000 795.00 195.27 213 217.15 0 1 74.49% YES
SMH 261120P00335000 335.00 0.24 0 0 183 0 25.00%
SMH 261120P00340000 340.00 0.29 0 0 185 0 25.00%
SMH 261120P00345000 345.00 0.27 0 0 13 0 25.00%
SMH 261120P00360000 360.00 0.24 0 0 44 0 25.00%
SMH 261120P00365000 365.00 0.37 0 0 32 0 25.00%
SMH 261120P00375000 375.00 0.34 0 0 61 0 25.00%
SMH 261120P00385000 385.00 0.42 0 0 11 0 25.00%
SMH 261120P00435000 435.00 1.08 0 0 16 0 25.00%
SMH 261120P00215000 215.00 0.11 0 0 3 0 50.00%
SMH 261120P00220000 220.00 0.01 0 0 40 0 50.00%
SMH 261120P00225000 225.00 0.12 0 0 234 0 50.00%
SMH 261120P00245000 245.00 0.24 0 0 1 0 50.00%
SMH 261120P00250000 250.00 0.1 0 0 1 0 50.00%
SMH 261120P00265000 265.00 0.09 0 0 12 0 50.00%
SMH 261120P00275000 275.00 0.08 0 0 10 0 50.00%
SMH 261120P00280000 280.00 0.15 0 0 2 0 50.00%
SMH 261120P00285000 285.00 0.25 0 0 3 0 50.00%
SMH 261120P00290000 290.00 0.19 0 0 3 0 50.00%
SMH 261120P00300000 300.00 0.2 0 0 3 0 50.00%
SMH 261120P00310000 310.00 0.2 0 0 1 0 50.00%
SMH 261120P00315000 315.00 0.14 0 0 3 0 50.00%
SMH 261120P00320000 320.00 0.17 0 0 17 0 25.00%
SMH 261120P00325000 325.00 0.12 0 0 2 0 25.00%
SMH 261120P00330000 330.00 0.16 0 0 3 0 25.00%
SMH 261120P00350000 350.00 0.22 0 0 128 0 25.00%
SMH 261120P00355000 355.00 0.23 0 0 58 0 25.00%
SMH 261120P00380000 380.00 0.35 0 0 40 0 25.00%
SMH 261120P00390000 390.00 0.54 0 0 12 0 25.00%
SMH 261120P00395000 395.00 0.59 0 0 12 0 25.00%
SMH 261120P00410000 410.00 0.83 0 0 2 0 25.00%
SMH 261120P00420000 420.00 0.88 0 0 11 0 25.00%
SMH 261120P00440000 440.00 1.19 0 0 7 0 12.50%
SMH 261120P00450000 450.00 1.5 0 0 59 0 12.50%
SMH 261120P00455000 455.00 1.52 0 0 3 0 12.50%
SMH 261120P00460000 460.00 1.76 0 0 23 0 12.50%
SMH 261120P00465000 465.00 1.95 0 0 5 0 12.50%
SMH 261120P00470000 470.00 2.16 0 0 11 0 12.50%
SMH 261120P00475000 475.00 2.43 0 0 2 0 12.50%
SMH 261120P00480000 480.00 2.53 0 0 40 0 12.50%
SMH 261120P00520000 520.00 6.46 0 0 472 0 6.25%
SMH 261120P00195000 195.00 0.03 0 0 2 0 50.00%
SMH 261120P00200000 200.00 0.14 0 0 1 0 50.00%
SMH 261120P00240000 240.00 0.13 0 0 2 0 50.00%
SMH 261120P00255000 255.00 0.1 0 0 10 0 50.00%
SMH 261120P00260000 260.00 0.1 0 0 10 0 50.00%
SMH 261120P00270000 270.00 0.61 0 0 1 0 50.00%
SMH 261120P00295000 295.00 0.36 0 0 1 0 50.00%
SMH 261120P00305000 305.00 0.29 0 0 1 0 50.00%
SMH 261120P00370000 370.00 0.28 0 0 27 0 25.00%
SMH 261120P00190000 190.00 0.09 0 0 2 0 50.00%
SMH 261120P00400000 400.00 0.63 0 0 42 0 25.00%
SMH 261120P00405000 405.00 0.68 0 0 6 0 25.00%
SMH 261120P00415000 415.00 0.82 0 0 1 0 25.00%
SMH 261120P00425000 425.00 0.94 0 0 14 0 25.00%
SMH 261120P00430000 430.00 1.05 0 0 13 0 25.00%
SMH 261120P00445000 445.00 1.26 0 0 4 0 12.50%
SMH 261120P00490000 490.00 2.88 0 0 343 0 12.50%
SMH 261120P00550000 550.00 11 0 0 2423 0 3.13%
SMH 261120P00590000 590.00 25.8 0 0 673 0 0.00% YES
SMH 261120P00495000 495.00 3.84 0 0 115 0 12.50%
SMH 261120P00500000 500.00 3.8 0 0 390 0 12.50%
SMH 261120P00510000 510.00 4.43 0 0 30 0 6.25%
SMH 261120P00525000 525.00 6.55 0 0 56 0 6.25%
SMH 261120P00210000 210.00 0.02 0 0 80 0 50.00%
SMH 261120P00625000 625.00 50.61 0 0 15 0 0.00% YES
SMH 261120P00485000 485.00 3.03 0 0 1 0 12.50%
SMH 261120P00530000 530.00 7.35 0 0 291 0 6.25%
SMH 261120P00545000 545.00 9.85 0 0 118 0 6.25%
SMH 261120P00560000 560.00 13.9 0 0 5148 0 3.13%
SMH 261120P00235000 235.00 0.03 0 0 3 0 50.00%
SMH 261120P00505000 505.00 4.56 0 0 622 0 12.50%
SMH 261120P00515000 515.00 5.6 0 0 34 0 6.25%
SMH 261120P00535000 535.00 7.9 0 0 45 0 6.25%
SMH 261120P00580000 580.00 20.6 0 0 586 0 0.78%
SMH 261120P00640000 640.00 55.8 0 0 23 0 0.00% YES
SMH 261120P00610000 610.00 40.23 0 0 12 0 0.00% YES
SMH 261120P00540000 540.00 8.7 0 0 290 0 6.25%
SMH 261120P00555000 555.00 13.45 0 0 58 0 3.13%
SMH 261120P00565000 565.00 17.02 0 0 66 0 3.13%
SMH 261120P00575000 575.00 18.78 0 0 496 0 1.56%
SMH 261120P00600000 600.00 31.05 0 0 88 0 0.00% YES
SMH 261120P00605000 605.00 34.32 0 0 39 0 0.00% YES
SMH 261120P00570000 570.00 17 0 0 177 0 1.56%
SMH 261120P00585000 585.00 23.86 0 0 119 0 0.39%
SMH 261120P00595000 595.00 29.3 0 0 23 0 0.00% YES
SMH 261120P00615000 615.00 44 0 0 23 0 0.00% YES
SMH 261120P00620000 620.00 45.2 0 0 36 0 0.00% YES
SMH 261120P00230000 230.00 0.12 0 0 2 0 50.00%
SMH 261120P00630000 630.00 53 0 0 20 0 0.00% YES
SMH 261120P00645000 645.00 50.85 0 0 1 0 0.00% YES
SMH 261120P00670000 670.00 70.7 0 0 1 0 0.00% YES
SMH 261120P00695000 695.00 109.35 0 0 1 0 0.00% YES
SMH 261120P00700000 700.00 120.5 0 0 2 0 0.00% YES
SMH 261120P00665000 665.00 53.95 0 0 36 0 0.00% YES
SMH 261120P00675000 675.00 68.5 0 0 1 0 0.00% YES
SMH 261120P00635000 635.00 58.11 0 0 5 0 0.00% YES
SMH 261120P00650000 650.00 72.4 0 0 5 0 0.00% YES
SMH 261120P00655000 655.00 59.65 0 0 2 0 0.00% YES
SMH 261120P00680000 680.00 66.7 0 0 1 0 0.00% YES
SMH 261120P00685000 685.00 98.85 0 0 90 0 0.00% YES
SMH 261120P00690000 690.00 103.55 0 0 4 0 0.00% YES
SMH 261120P00660000 660.00 50.4 0 0 8 0 0.00% YES
SMH 261120P00705000 705.00 92.7 0 0 2 0 0.00% YES
SMH 261120P00715000 715.00 90.5 0 0 1 0 0.00% YES
SMH 261120P00870000 870.00 285.05 322 326.95 1 0 153.62% YES
SMH 261120P00720000 720.00 167 0 0 10 0 0.00% YES
SMH 261120P00735000 735.00 145.45 0 0 0 0 0.00% YES
SMH 261120P00760000 760.00 182 0 0 1 0 0.00% YES
SMH 261120P00980000 980.00 416.65 0 0 0 0 0.00% YES
SMH 261120P00750000 750.00 173.5 0 0 0 0 0.00% YES
SMH 261120P00740000 740.00 108.8 0 0 8 0 0.00% YES
SMH 261120P00875000 875.00 256.5 0 0 0 0 0.00% YES

SMH 2026-11-20 Options Chain FAQ

1. What does this SMH options chain for 2026-11-20 show?

This page displays the full SMH options chain for contracts expiring on 2026-11-20. Both call and put tables include contract symbols, last trade price, bid/ask quotes, daily change and percentage change, trading volume, open interest, implied volatility, and an in-the-money (ITM) flag. It is designed to give you a complete snapshot of how the market is pricing risk and direction for this specific expiry.

2. How can I use this SMH options chain around key events?

Around earnings, macro data releases, or company-specific news, traders often focus on a single expiration such as 2026-11-20. By monitoring changes in implied volatility, volume, and open interest for each strike, you can see where traders are concentrating their bets and hedges. Large shifts in activity on out-of-the-money calls or puts can be early signs of expected volatility or directional moves in SMH.

3. What is the difference between in-the-money and out-of-the-money options here?

The ITM column highlights whether a contract is currently in-the-money for SMH: call options are ITM when their strike is below the current stock price, while put options are ITM when their strike is above the current stock price. ITM contracts have intrinsic value, while out-of-the-money options are purely time and volatility value. This distinction helps you quickly identify which strikes are already “in the money” for this expiry.

4. How should I read implied volatility (IV) in this SMH options table?

Implied volatility reflects how much movement the market expects for SMH between now and 2026-11-20. Higher IV typically means options are more expensive and the market is pricing in larger potential moves. You can compare IV across strikes and between calls and puts to identify skew – for example, expensive downside puts may indicate demand for crash protection, while rich upside calls can signal speculative interest.

5. Can this single-expiry chain replace a full multi-expiry options overview?

No. This 2026-11-20 options chain gives a granular view for one maturity only. For a complete picture of positioning in SMH, you should also review the multi-expiry options overview where you can compare put/call ratios, total open interest and volume across different expiration dates. Combining both perspectives helps you understand whether traders are focused on very short-term moves or longer-dated themes.

6. How often is this SMH options chain for 2026-11-20 updated?

The SMH options data on this page is refreshed regularly during market hours to reflect the latest trades, mid-market quotes, and open interest updates. Intraday changes in volume, open interest, and implied volatility can provide important signals about how sentiment and risk pricing are evolving as 2026-11-20 approaches.