SLV - iShares Silver Trust
The iShares Silver Trust (the 'Trust') seeks to reflect generally the performance of the price of silver. The iShares Silver Trust is not an investment company registered under the Investment Company Act of 1940, and therefore is not subject to the same regulatory requirements as mutual funds or ETFs registered under the Investment Company Act of 1940. The Trust is not a commodity pool for purposes of the Commodity Exchange Act.
As of May 15, 2026: spot at $69.20, ATM IV 55.1%, max pain $75.00, net GEX $121.2M.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $42.42B
- Beta
- 0.98
- 52-Week Range
- 29.1-109.83
- IPO Date
- Apr 28, 2006
- Exchange
- AMEX
What SLV Looks Like to Options Traders Today
IV rank of 37.5% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; positive net gamma exposure ($121.2M) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (-0.053) prices puts richer than calls, the typical equity downside-protection skew.
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 (the 'Trust') seeks to reflect generally the performance of the price of silver. The iShares Silver Trust is not an investment company registered under the Investment Company Act of 1940, and therefore is not subject to the same regulatory requirements as mutual funds or ETFs registered under the Investment Company Act of 1940. 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 May 15, 2026, the SLV options snapshot shows spot at $69.20, ATM IV 55.1%, IV rank 37.5%, max pain $75.00, net GEX $121.2M, expected move 15.80%. 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 $42.42B, 52-week range of 29.1-109.83. 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 May 15, 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.