VanEck Fabless Semiconductor ETF (SMHX) Options Chain
The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.
VanEck Fabless Semiconductor ETF (SMHX) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $168.2M, listed on NASDAQ, carrying a beta of 2.28 to the broader market. VanEck Fabless Semiconductor ETF (the “Fund”) seeks to track as closely as possible, before fees and expenses, the price and yield performance of the MarketVector US Listed Fabless Semiconductor Index (the “Fabless Index” or the “Index”), which is intended to track the overall performance of companies involved in semiconductor production and classified as a fabless. public since 2024-08-28.
Snapshot as of May 15, 2026.
- Spot Price
- $55.97
- Total OI
- 378
- Total Volume
- 16
- Front Expiration
- 34 days
- Second Expiration
- 63 days
- ATM IV
- 46.3%
- Avg Bid/Ask Spread
- 39.95%
As of May 15, 2026, VanEck Fabless Semiconductor ETF (SMHX) has 378 open contracts and 16 contracts traded. The nearest expiration is 34 days out, followed by 63 days. ATM implied volatility is 46.3%. Average bid/ask spread across the chain is 39.95%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.
How SMHX options chain Data Feeds Strategy Selection
Strategy selection on VanEck Fabless Semiconductor ETF options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 46.3% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
Learn how the options chain is reported and how to read the data →
Frequently asked SMHX options chain questions
- What does the SMHX options chain show right now?
- As of May 15, 2026, VanEck Fabless Semiconductor ETF (SMHX) has 378 contracts outstanding and 16 traded today, with ATM IV of 46.3%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for SMHX options?
- The nearest expiration is 34 days out, followed by 63 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are SMHX options bid/ask spreads?
- Average bid/ask spread across the chain is 39.95%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.