Traders are showing bearish sentiment on the VanEck Semiconductor ETF (SMH) with put volume more than doubling calls, especially on puts betting on a 7% drop by August 21. Despite this, some chipmakers like Marvell Technology and Intel are seeing strong call buying, driven by positive news such as Marvell's upcoming inclusion in the S&P 500 and Intel's contract to produce AI chips for Alphabet. Elevated volatility and heavy options activity suggest traders expect continued market swings ahead of the July 4 holiday.
The SPDR S&P Semiconductor ETF (XSD) and the iShares Semiconductor ETF (SOXX) differ mainly in weighting: XSD uses equal weighting across semiconductor firms, while SOXX concentrates on the largest companies like NVIDIA and Broadcom. SOXX has outperf...
The VanEck Semiconductor ETF (SMH) has gained 77.13% in just over five months, far outpacing the S&P 500's 10.61% return year-to-date. This surge is driven by strong AI-related capital expenditures across the semiconductor supply chain, including chi...
After a two-month rally, semiconductor stocks sharply dropped nearly 10%, causing a spike in the Cboe Volatility Index (VIX) and record options trading on the S&P 500. This sell-off signals a correction from speculative excess amid upcoming IPOs and ...
