SLV - iShares Silver Trust

The iShares Silver Trust is designed to broadly replicate the market price movements of silver. This Trust operates outside the regulatory framework of the 1940 Investment Company Act, meaning it is not subject to the same stringent rules that govern registered mutual funds or ETFs. Furthermore, it does not qualify as a commodity pool under the Commodity Exchange Act.

As of Jun 30, 2026: spot at $53.69, ATM IV 44.8%, max pain $64.00, net GEX $15.4M.

Sector
Financial Services
Industry
Asset Management
Market Cap
$28.30B
Beta
0.88
52-Week Range
32.62-109.83
IPO Date
Apr 28, 2006
Exchange
AMEX

What SLV Looks Like to Options Traders Today

IV rank of 25.9% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($15.4M) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.028) prices calls richer than puts, often reflecting upside speculation or squeeze risk.

What This Page Covers

The SLV overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.

Frequently asked SLV overview questions

What is SLV?
SLV is the ticker symbol for iShares Silver Trust, an listed exchange-traded fund. The iShares Silver Trust is designed to broadly replicate the market price movements of silver. This Trust operates outside the regulatory framework of the 1940 Investment Company Act, meaning it is not subject to the same stringent rules that govern registered mutual funds or ETFs. Listed on AMEX. SLV is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
What does the SLV options snapshot look like today?
As of Jun 30, 2026, the SLV options snapshot shows spot at $53.69, ATM IV 44.8%, IV rank 25.9%, max pain $64.00, net GEX $15.4M, expected move 12.84%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
What are SLV's key statistics?
iShares Silver Trust (SLV) carries a market capitalization of $28.30B, 52-week range of 32.62-109.83. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
What sector or industry does SLV belong to?
iShares Silver Trust operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare SLV's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
How current is the SLV data on this page?
The options snapshot above is dated Jun 30, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.