Prepare your smoker according to the manufacturer's instructions.
Soak the applewood chips in water for 30 minutes.
Pat the pork chops dry with paper towels.
Mix olive oil, smoked paprika, garlic powder, onion powder, salt, and black pepper.
Rub the spice mixture over both sides of the pork chops.
Preheat the smoker to 225°F (107°C).
Place the soaked applewood chips in the smoker box.
Place the pork chops on the smoker grate.
Smoke the chops for about 1.5 hours until the internal temperature reaches 145°F (63°C).
Optionally, brush with BBQ sauce during the last 15 minutes.