What does the SLV options chain show right now?

As of May 15, 2026, iShares Silver Trust (SLV) has 8.7M contracts outstanding and 1.1M traded today, with ATM IV of 55.1%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.

What expirations are available for SLV options?

The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.

How tight are SLV options bid/ask spreads?

Average bid/ask spread across the chain is 4.06%. Moderate spreads are acceptable for most defined-risk positions; size with awareness of execution slippage.

iShares Silver Trust (SLV) Options Chain

The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.

iShares Silver Trust (SLV) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $42.42B, listed on AMEX, carrying a beta of 0.98 to the broader market. The iShares Silver Trust (the 'Trust') seeks to reflect generally the performance of the price of silver. public since 2006-04-28.

Snapshot as of May 15, 2026.

Spot Price: $69.20
Total OI: 8.7M
Total Volume: 1.1M
Front Expiration: 28 days
Second Expiration: 34 days
ATM IV: 55.1%
Avg Bid/Ask Spread: 4.06%

As of May 15, 2026, iShares Silver Trust (SLV) has 8.7M open contracts and 1.1M contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 55.1%. Average bid/ask spread across the chain is 4.06%: moderate spreads, acceptable for most positions. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.

How SLV options chain Data Feeds Strategy Selection

Strategy selection on iShares Silver Trust options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 55.1% and dealer gamma exposure is positive, so dealer hedging is mechanically mean-reverting. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.

Learn how the options chain is reported and how to read the data →

SLV most-active contracts

Type	Strike	Expiration	Volume	OI	IV	Bid	Ask
PUT	$70.00	May 22, 2026	60.6K	4.4K	56.8%	$2.55	$2.61
CALL	$70.00	May 22, 2026	46.3K	1.8K	56.8%	$1.82	$1.87
CALL	$100.00	Jun 18, 2026	20.5K	46.3K	74.1%	$0.42	$0.45

Top 3 contracts from the ORATS-sourced nightly scan; ranked by volume within the broader S&P 500/400/600 + ETF universe.

Frequently asked SLV options chain questions

What does the SLV options chain show right now?: As of May 15, 2026, iShares Silver Trust (SLV) has 8.7M contracts outstanding and 1.1M traded today, with ATM IV of 55.1%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
What expirations are available for SLV options?: The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
How tight are SLV options bid/ask spreads?: Average bid/ask spread across the chain is 4.06%. Moderate spreads are acceptable for most defined-risk positions; size with awareness of execution slippage.