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SMH Semiconductor ETF

SMH IV Rank — are Semiconductor ETF's options cheap or expensive right now?

IV Rank
25
Elevated — lean toward selling
0 · cheap50100 · expensive
Current IV
31%
IV Percentile
19%
52-wk IV high
74%
52-wk IV low
17%
Where current IV sits in its 52-week range
17%74%

Semiconductor ETF's options are currently moderately priced. With an IV Rank of 25, implied volatility sits in the middle of its 1-year range and richer than roughly 19% of the past year. Historically at this level, premium-selling strategies tend to be favored, since elevated IV tends to revert toward its mean.

Suggested play
Cash-secured put / covered call
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for SMH
Other etf names
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Frequently asked

What does an IV Rank of 25 mean for SMH?
It means Semiconductor ETF's implied volatility is currently in the middle of its past-year range, so its options are moderately priced.
Should I buy or sell SMH options at this IV Rank?
Higher IV Rank generally favors selling premium (spreads, strangles, condors), since elevated volatility tends to revert toward its mean.

IV Rank data is 15-minute delayed. Educational information, not investment advice.