Semtech (SMTC) Options Chain

NASDAQ: SMTCTechnologySemiconductorsUSD

187.30-0.19 (-0.10%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Jan 21, 2028
Days to expiration: 467
Share price: $187.30
Put/call ratio (OI): 5.46
Put/call ratio (volume): 1.47
ATM implied volatility: 70.7%
Expected move: ±$149.81
Open interest (C / P): 3.91K / 21.36K

SMTC options summary

The SMTC options chain for the January 21, 2028 expiration lists 41 call and 38 put contracts, with 467 days until expiration. Open interest stands at 3,912 calls and 21,365 puts, a put/call ratio of 5.46, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $185.00 strike is 70.7%, which implies the market expects a move of about ±$149.81 (80.0%) in Semtech stock by expiration.

The most open interest sits at the $250.00 call (808 contracts) and the $50.00 put (8.65K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

SMTC options chain · January 21, 2028

SMTC calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
17	1	111.6%	131.30	157.50	162.50	30.00	0.00	3.10	1.35	98.3%	6	89
0	1	—	107.00	0.00	0.00	35.00	0.05	3.20	1.25	90.8%	1	65
13	1	105.2%	130.35	149.00	154.00	40.00	0.30	3.50	2.40	86.4%	3	7,565
0	2	—	87.50	0.00	0.00	45.00	0.05	3.80	2.20	80.2%	1	298
16	1	100.1%	101.00	141.00	145.50	50.00	0.10	4.50	4.70	77.5%	4	8,646
0	1	—	85.00	0.00	0.00	55.00	1.15	5.10	4.25	77.8%	1	513
102	3	95.9%	113.90	133.00	137.50	60.00	1.90	6.10	8.20	77.6%	1	2
21	5	95.5%	141.95	129.50	134.00	65.00	3.10	7.10	9.25	77.8%	16	56
19	5	93.0%	138.05	125.50	130.00	70.00	4.10	8.20	6.70	77.3%	1	88
13	1	92.2%	134.95	122.00	126.50	75.00	5.00	9.50	12.95	76.6%	16	67
54	102	91.1%	133.70	118.50	123.00	80.00	6.00	11.00	15.70	76.1%	1	78
10	1	91.3%	112.01	115.50	120.00	85.00	19.50	24.00	22.25	107.9%	1	6
81	101	89.8%	127.15	112.00	116.50	90.00	9.30	13.30	19.45	75.2%	16	17
10	1	89.5%	105.39	109.50	113.00	95.00	11.50	14.80	21.70	75.6%	—	15
687	1	88.5%	107.35	106.00	110.00	100.00	0.00	0.00	29.58	12.5%	16	0
21	1	88.4%	117.72	103.00	107.50	105.00	21.30	26.00	36.40	89.9%	4	6
9	1	87.6%	83.74	100.00	104.50	110.00	0.00	0.00	32.80	12.5%	—	0
40	1	87.7%	65.50	97.50	102.00	115.00	0.00	0.00	32.40	6.3%	1	0
20	3	86.6%	79.40	94.50	99.00	120.00	29.50	33.50	47.60	90.5%	5	3
0	2	—	52.44	0.00	0.00	125.00	0.00	0.00	37.30	6.3%	40	0
264	1	86.1%	80.00	89.50	94.00	130.00	24.50	29.00	30.30	73.0%	2	22
258	181	85.7%	75.00	87.00	91.50	135.00	27.00	31.50	32.60	73.0%	2	1,506
279	1	85.9%	81.25	85.00	89.50	140.00	29.50	33.90	46.92	72.8%	1	1,423
44	1	85.7%	85.90	83.00	87.00	145.00	32.00	36.50	50.50	72.6%	26	99
25	1	85.3%	71.09	80.50	85.00	150.00	—	—	—	—	—	—
156	2	85.7%	92.80	79.00	83.00	155.00	37.00	41.50	38.90	71.8%	14	6
30	15	85.2%	74.10	76.50	81.00	160.00	67.80	72.50	65.30	113.5%	5	6
1	1	84.9%	52.00	74.50	79.00	165.00	42.50	47.00	64.50	71.3%	1	5
52	10	84.6%	65.66	72.50	77.00	170.00	45.50	50.00	46.85	71.3%	1	6
10	4	84.3%	69.20	70.50	75.00	175.00	48.50	53.00	50.63	71.2%	—	24
27	1	84.5%	68.80	69.00	73.50	180.00	51.50	56.00	52.50	71.0%	1	18
0	10	—	44.70	0.00	0.00	185.00	54.50	59.00	79.50	70.7%	1	32
SMTC $187.30
77	2	84.1%	66.00	65.50	70.00	190.00	59.00	62.00	58.40	71.3%	5	33
109	1	83.9%	71.13	64.00	68.00	195.00	61.00	65.50	63.01	70.6%	34	42
267	2	83.5%	56.23	62.00	66.50	200.00	64.00	68.50	89.50	70.1%	1	124
10	2	83.7%	32.00	59.50	63.50	210.00	—	—	—	—	—	—
87	2	83.6%	70.01	56.50	61.00	220.00	115.00	119.50	116.30	117.0%	—	1
156	10	83.6%	60.75	54.50	58.00	230.00	123.50	128.00	124.50	117.9%	—	1
16	2	83.5%	45.00	51.50	56.00	240.00	132.00	136.50	132.80	118.6%	—	2
808	10	83.2%	56.00	49.00	53.50	250.00	100.10	103.50	118.46	68.8%	506	501
103	4	83.3%	42.13	47.00	51.50	260.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the SMTC put/call ratio?

For the January 21, 2028 expiration, the SMTC put/call ratio based on open interest is 5.46 (21,365 puts vs 3,912 calls), and 1.47 based on today's volume. A ratio above 1 means more puts than calls.

What is SMTC's implied volatility?

At-the-money implied volatility for SMTC options expiring January 21, 2028 is about 70.7%, an annualized estimate of how much the market expects Semtech stock to move.

How many SMTC option expiration dates are there?

SMTC has 13 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.