SLV Options History — October 2009

In October 2009, SLV traded between $15.82 and $17.56. ATM implied volatility averaged 35.8%, placing in the 37.1% IV rank vs the trailing year. The 30-day expected move averaged 10.5%. IV traded above realized volatility by 3.1% (HV 20d: 32.6%). Max pain ranged from $15.00 to $16.00. Net GEX was positive for 22 of 22 trading days. Term structure was in contango for 22 of 22 days. Put/call ratio averaged 1.10.

Notable Days

  • 2009-10-08: Highest Volume — 112,458 contracts
  • 2009-10-13: Largest IV drop — 16.5% change
  • 2009-10-28: Highest IV Rank — 41.9%
  • 2009-10-08: Largest Expected Move — 11.6%

Monthly Statistics

MetricAvgMinMaxOpenClose
Price$16.93$15.82$17.56$16.04$16.07
Max Pain$15.91$15.00$16.00$15.00$16.00
ATM IV35.8%31.5%38.2%33.6%36.5%
Expected Move10.5%9.5%11.6%9.6%10.5%
HV 20d32.6%28.0%35.0%32.2%35.0%
HV 60d30.8%29.4%32.2%29.4%32.2%
IV Rank37.1%28.6%41.9%32.7%38.5%
IV Percentile27.7%6.6%46.0%13.7%32.3%
Term Structure1.6%0.0%3.8%3.8%1.8%
VWIV37.5%33.9%40.7%35.1%36.7%
Skew 25d-0.6%-3.3%2.2%-1.5%2.2%
Skew 10d-1.5%-11.4%8.6%-11.4%8.6%
Call IV 25d38.3%34.8%42.3%37.3%36.5%
Put IV 25d37.7%33.6%40.5%35.8%38.7%
Bid-Ask Spread %11.215.7815.885.7810.63
Gamma HHI0.160.120.200.160.13
Net GEX9.0M3.2M12.8M11.8M3.9M
Net DEX-463.5M-629.3M-201.8M-405.3M-242.5M
Net VEX-2.8M-3.0M-2.4M-2.4M-2.9M
Div Yield0.0%0.0%0.0%0.0%0.0%
P/C Ratio1.100.057.162.030.69
Total Volume45,154.27316,767112,45837,33249,325
Total OI1,188,052.6361,046,9261,316,3601,071,0971,197,686

Daily Data (22 trading days)

DatePriceMax PainATM IVExp MoveHV 20dIV RankVWIVSkew 25dTerm StrGEXDEXVEXP/CSpread %Call VolPut VolCall OIPut OI
2009-10-01$16.04$15.0033.6%9.6%32.2%32.7%35.1%-1.5%3.8%11.8M-405.3M-2.4M2.035.7812,33324,999685,564385,533
2009-10-02$15.82$15.0034.6%9.9%29.2%34.7%34.0%-3.3%3.3%10.7M-359.0M-2.5M7.166.4810,59675,903690,131402,325
2009-10-05$16.38$16.0036.4%10.7%31.6%38.4%38.3%1.3%1.5%12.1M-441.1M-2.6M0.9815.8813,90613,697693,644454,143
2009-10-06$17.08$16.0038.0%11.0%34.6%41.5%39.1%-1.6%2.2%12.8M-566.8M-2.7M1.0312.0435,65836,646698,855462,477
2009-10-07$17.25$16.0035.5%11.2%34.6%36.5%39.2%-1.7%1.9%12.4M-585.2M-2.7M1.1910.0023,55428,046704,060484,376
2009-10-08$17.52$16.0037.4%11.6%34.2%40.4%40.7%-1.8%2.2%12.0M-626.5M-2.7M1.7810.2240,44872,010707,435508,217
2009-10-09$17.44$16.0033.9%11.2%34.3%33.5%39.3%-1.0%0.3%11.3M-596.9M-2.9M0.7611.4824,43318,561719,882562,738
2009-10-12$17.48$16.0037.7%11.2%33.9%41.0%39.4%-0.9%0.0%11.2M-606.9M-2.9M0.4810.9712,3055,940726,535573,794
2009-10-13$17.48$16.0031.5%10.6%32.6%28.6%37.6%-2.5%2.0%10.7M-603.3M-2.9M0.3912.3812,0384,729727,763577,005
2009-10-14$17.56$16.0034.3%10.6%31.8%34.1%39.1%-1.7%2.3%10.6M-629.3M-2.8M0.1611.0816,0612,512725,698578,853
2009-10-15$17.06$16.0037.0%10.6%33.3%39.5%38.0%0.2%1.6%10.4M-528.6M-2.8M0.4011.5419,1717,609730,138579,408
2009-10-16$17.18$16.0034.9%10.0%32.9%35.4%36.0%0.6%2.8%10.4M-559.2M-2.8M0.2410.2416,3443,862733,607582,753
2009-10-19$17.44$16.0034.7%10.0%33.0%35.0%34.9%0.8%2.2%8.6M-467.6M-2.7M1.379.9118,85725,922603,983442,943
2009-10-20$17.20$16.0033.2%9.5%32.8%31.9%33.9%-1.2%2.5%7.9M-433.7M-2.8M0.3313.2415,7835,261611,000463,914
2009-10-21$17.36$16.0036.3%10.4%31.9%38.2%36.5%0.3%0.1%8.4M-459.1M-2.8M2.2715.7216,17336,647619,523466,864
2009-10-22$17.32$16.0035.8%10.3%29.0%37.1%37.6%0.6%1.2%6.7M-446.6M-2.8M0.0512.8965,9493,341626,783497,549
2009-10-23$17.40$16.0036.0%10.3%28.0%37.5%36.2%0.3%0.9%7.6M-477.3M-2.9M0.3313.1114,0664,647649,331498,366
2009-10-26$16.79$16.0037.3%10.7%31.4%40.1%37.6%-1.1%0.9%6.4M-372.8M-2.9M1.2810.6514,67418,835656,139500,725
2009-10-27$16.34$16.0036.9%10.6%33.2%39.4%38.1%-1.4%0.6%4.5M-285.1M-3.0M0.109.1797,92510,014678,559525,271
2009-10-28$15.86$16.0038.2%10.9%33.1%41.9%38.6%0.4%0.1%3.2M-201.8M-3.0M0.799.7216,74013,220687,482526,691
2009-10-29$16.41$16.0037.2%10.7%34.5%40.0%38.8%-0.3%0.7%4.8M-302.8M-2.9M0.3713.4425,2249,430675,515513,900
2009-10-30$16.07$16.0036.5%10.5%35.0%38.5%36.7%2.2%1.8%3.9M-242.5M-2.9M0.6910.6329,24620,079682,056515,630