SMH Options Outlook: Will the $600 Call Wall Hold Through August 14?

Alright, let's talk VanEck Semiconductor ETF — ticker SMH — heading into the weekend of August 8, 2026. The stock closed Friday just under $582.92. Here's the read: options traders are leaning slightly bullish, but not chasing hard. The market's pricing a range between $550.60 on the low end and $615.30 on the high end between now and the August 14 expiration. And here's the line that matters…

Read the full written analysis